Preparing for an internship in DCM

Group placement is coming up soon, and I have a strong preference for DCM. I've already done another internship in Capital Markets before and got outstanding reviews throughout, so I'm comfortable on the technical skills needed (PPT and Excel, FactSet & BBG I'll do a refresher on when in training bcos I didn't use them during my internship). 

I wanted to know if anyone had any good primers or something that went through DCM on a high and low level? Also tips on being a successful intern and initiatives I can take to impress/go above and beyond? Really want to be fully clued on so I can be of value when and impress because DCM (or similar) is an area I really want to build a career in and hopefully get a return offer... An intern in summer 2022 did some sort of automation process of something and got a return offer, but idk exactly what, just a bit unsure of what level I need to be at. I mean, I'm pretty good at Excel, I can create dynamic portfolio stratification tables and such... idk VBA or how to do macros though

Appreciate any and all advice!

Thank you!

 

Be willing to learn as much as you can.

Most tasks people give you are simple and straightforward, and oftentimes trivial work. Always show a good attitude and deliver good results on these requests.

Get along with your team - fit can be equally if not more important than your work product.

BIWS has a DCM section but iirc, it was more specific to interviews. Most places will teach you what you need to learn on the desk regardless.

 

Commodi voluptatem facere voluptas molestiae ratione et occaecati. Fuga aut unde tenetur aspernatur. Et quam molestiae quia labore.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”