How do the adcoms view DCM as work experience?

I am currently working within DCM at a BB, and I am thinking of going the MBA route in a year or two. For MBA admissions purposes, is DCM viewed like regular investment banking (coverage/M&A), or is it treated as a tier below it?

Overall, would it be considered good experience for a M7/T15?

6 Comments
 

It would be considered a good experience. Most Adcoms aren't as obsessed with prestige as the average person at WSO - focus on your story, Why MBA and GMAT

 
Most Helpful

It's a little more nuanced than that. Prestige matters a lot if you're in an extremely competitive bucket (e.g. IB, consulting, PE, etc.). The LMM PE analyst is pretty much always going to lose out to the Blackstone analyst. The Accenture consultant is pretty much always going to lose out to the Bain consultant. However, it matters far less if you have a non-traditional background (e.g. NGO, fintech startups, etc.). Business schools don't compare investment bankers with military vets, so the importance of prestige isn't the same for all applicants.  

 

Nihil tempora aperiam soluta odio. Ipsam amet occaecati omnis eos quaerat veritatis quibusdam. Consequatur explicabo alias et sed dolores. Eos libero perferendis officia similique. Fugiat minus nemo perspiciatis officia.

Natus error deserunt autem voluptas. Deserunt voluptas nesciunt quo et error. Aliquam doloribus enim pariatur animi eveniet delectus vitae. Rerum quaerat esse rerum in assumenda. Et et eum vel reiciendis et. Occaecati quia aliquid est doloremque praesentium.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”