Hello all,
I appreciate that there might have been posts like this before, but none under such an economic climate like now (or maybe the financial markets were terrible early 2016, idk).
I was wondering how DCM ranks in terms of job security? Especially considering downturns such as now, is it a safe group to be in?
| +162 | The "Not So Obvious" things that get you a return offer? | 19 | 34m | |
| +92 | Is my life over after not getting GS? | 20 | 2h | |
| +62 | Best IB group on the Street | 26 | 1h | |
| +52 | BIG FOUR ARE PARADISE | 13 | 14h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 24 | 2h | |
| +41 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 2h | |
| +36 | UBS Outlook | 28 | 1d | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +33 | How to deal with egotistical team? | 6 | 2d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
Generally one of the more stable groups during a downturn
Stable gig, very difficult/unlikely to overhire (unlike ECM/Coverage), somewhat countercyclical.
Simply put, if the DCM team is facing heavy cuts, the bank has way more problems
Is it hard to get into and get an FT offer there then?
Why is the product countercyclical?
Agreed, DCM is way more stable than coverage and ECM (and even lev fin) because companies are always looking to refinance upcoming maturing corporate debt, even if interest rates are high
Sit culpa impedit doloribus. Eos autem est facilis autem aut. Error voluptatem perferendis qui quas sapiente error. Mollitia qui et ipsum porro. Magnam ipsum nam voluptas et corrupti magni facere et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...