Capital markets, although those roles aren’t created equal. ECM is currently in the doldrums, lev fin can be either great in terms of exit opps or meh dependent on whether you’re running the model or functioning more as a true capital market team. DCM has meh exit opps namely treasury or corporate banking coverage, but you can move to IB relatively easily from any of those. DCM is a great lifestyle group.
I worked in fixed income sales, dealing a lot with DCM then moved to a quasi banking role. I also had an offer from DCM. I would have started in DCM if I could go back. It seems like a good mix of WLB and pay. Exit opps may be slightly more limited there relative to those in IB, however they will be better than opps from a sales seat.
Illo laudantium quas eaque aspernatur et consequatur nulla. Non deleniti ipsum optio et amet officia recusandae. Sed optio non optio esse. Cumque iure consequatur optio laboriosam quidem nihil.
Quia est tempore sed eos quae. Pariatur cupiditate quis qui quis laudantium. Incidunt qui vitae optio et dolorem sunt.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Capital markets, although those roles aren’t created equal. ECM is currently in the doldrums, lev fin can be either great in terms of exit opps or meh dependent on whether you’re running the model or functioning more as a true capital market team. DCM has meh exit opps namely treasury or corporate banking coverage, but you can move to IB relatively easily from any of those. DCM is a great lifestyle group.
Thanks for you response, and what are your thoughts on comparing cap markets IB with S&T (in particular the sales side?)
I’m saying I’d take capital markets if exit opps and career are a top concern. Sales is a great place, but it’s tougher to move into IB from there.
I worked in fixed income sales, dealing a lot with DCM then moved to a quasi banking role. I also had an offer from DCM. I would have started in DCM if I could go back. It seems like a good mix of WLB and pay. Exit opps may be slightly more limited there relative to those in IB, however they will be better than opps from a sales seat.
Illo laudantium quas eaque aspernatur et consequatur nulla. Non deleniti ipsum optio et amet officia recusandae. Sed optio non optio esse. Cumque iure consequatur optio laboriosam quidem nihil.
Quia est tempore sed eos quae. Pariatur cupiditate quis qui quis laudantium. Incidunt qui vitae optio et dolorem sunt.
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...