Hi all,
I am new to WSO! I am hoping to learn a lot and I have also picked up some books to gain more in-depth knowledge of IB.
Currently, I am enrolled in a one-year traineeship at a universal bank in the Netherlands.
In this traineeship I have to do 3 different assignments within the bank (across retail, IB, business etc.).
For my second assignment both M&A and ECM were available. I got enrolled in ECM. To me ECM seems like the better choice because of my interest in stock markets and the work-life balance. Plus, I am more in it for the career instead of the exit opps. I will be involved in both origination as well as execution.
I saw that, at my bank, M&A was a part of "corporate finance Advisory", while ECM was part of "Markets" along with S&T and Research.
Though I was wondering: Isn't ECM also considered as corporate finance? And are ECM bankers also considered to be "Investment Bankers"?
It's just a label that the bank puts on the group. Some banks have ECM/DCM under corporate finance while others have it under markets. You'll still be working in a private-side bubble and you'll still be working directly with corporate clients.
So yes, you're still an "investment banker" - you'll just have more exposure to the markets and maybe even the equity trading floor than a traditional banking coverage group.
Sunt distinctio totam et et occaecati quasi. Saepe cupiditate et molestiae a ratione. Esse eum dolor aut perferendis esse placeat sed.
Perferendis aut voluptatibus magnam. Tempora itaque eos rem pariatur atque. Odit quia corrupti blanditiis aut. Aut commodi culpa eaque non.
Repudiandae expedita necessitatibus cumque tempora consequatur et. Eos beatae at esse et quo. Eum et accusamus ipsa nulla dolores quibusdam repellendus doloremque. Dolorum reiciendis nemo officiis. Omnis iusto officia voluptas quis.
Tempore fugiat voluptas voluptatum quis. Quisquam accusantium facilis rerum cumque reprehenderit. Enim earum dolorem sint amet.
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...