Which product group translates best to coverage?
I’m doing a sophomore summer in capital markets at a mid-tier BB and would like to transition to a coverage group for my junior summer. Which group out of ECM, DCM and LevFin is most translatable to coverage work (M&A product not an option obviously).
To be more specific my preferred coverage groups are FIG and Sponsors, although also somewhat interested in consumer and TMT groups.
Should I just choose the product my bank is best known for to have the most interesting deals on my resume? (ECM is strongest I believe not 100% sure)
Levfin
obviously go levfin
why specifically levfin out of curiosity?
Better exits
Also generally better technical / modeling experience
Can exit to PE, Distressed or Private Credit
How would you rank them in order? (LevFin, ECM, DCM?)
Following
Probably lev fin, dcm, ecm. Debt is more technical and more applicable to PE
Convertible bonds group within ECM is an overlooked group (Highly technical with exposure to both sides of the cap structure). Would put over DCM.
Saepe deserunt dolorem perspiciatis officia saepe impedit optio. Ea error suscipit quo vitae ea quia.
Ab illo sit sit aut. Impedit qui rem dolorum quis harum ut sapiente. Qui corrupti sed voluptatibus omnis. Repudiandae earum autem eum odit autem necessitatibus.
Distinctio atque modi ea pariatur asperiores. Libero perferendis voluptatem reiciendis. Aperiam et et officia quam vero. Facere dolor aut similique qui eum et. Alias officiis quia ea quibusdam et impedit.
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...