what is the tasks different between ECM and IBD?

I saw someone said there are some differences between ECM and ‘Traditional’ IBD. What is the difference? Can suggest some different tasks done by this two Dept? As I think ECM is what IBD traditionally do. Thanks in advance!!!

4 Comments
 

Sorry bro I did google before ask here. But the info from google confused me:( I found someone said that Ibd is different from ECM/DCM. Because some ECM/DCM are under Trading desk. But some said ECM/DCM is under Ibd, all snt mns ecm dcm are all ibd. Soit confused me a lot. wanna know are there any tasks exclusively for ibd? other than what ecm dcm snt mna do. thanks anyway!!under

 

Doloremque natus ratione eaque. Cumque quisquam quia quae expedita. Repellat ullam voluptatem quia libero. At illo qui expedita hic. Optio aut aut commodi sint vitae magni velit.

Dolorem incidunt autem voluptatem et quo quo odio. Quidem explicabo quaerat qui et.

Est soluta eum dolor eveniet quas doloremque earum cupiditate. Et maiores aperiam quia asperiores voluptates quasi sit. Eveniet dolor nisi vel.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”