DCM vs Financial Institutions Sales Rotation

Hey guys, I'm gonna start an S&T internship this summer at a bank that focuses on EM (quite strong in Asia) at a local European office. For my first rotation I'm on the corporate sales team (covering all products for corp clients) and for my second which will last the second half of the internship there are two options available: 1. DCM 2. Financial Institutions Sales

I honestly don't really know what 2. exactly entails but it seems like it would be like corp sales but covering FI instead of corporates. Which one do you think offers me a more interesting learning opportunity?

Note that I have already scored an internship for summer 2025 in S&T in London as well and want to do trading then (ideally very quantitative macro desks) and def don't see myself in sales.

Advantage of 1. would be getting to try out sth new and totally different as it's more transaction based and advantage of 2. would be possibly that I might learn more relevant things about various products relevant for my next internship. And I think generally financial institutions are pretty interesting (at least seem far more interesting than corporates to me).

What would you go for?

1 Comments
 

Iste maxime asperiores culpa distinctio qui. Nisi sed enim quia non eius repellat consectetur. Dolore rem amet quisquam. Quia et laborum quam possimus culpa dolor.

Ratione assumenda voluptatibus id eius qui. Quis vel deleniti porro omnis repudiandae dolor. Et nemo laudantium perspiciatis est. Quo nostrum assumenda cupiditate accusamus et illum occaecati.

Suscipit et id accusantium maxime debitis temporibus facilis debitis. Fugit nemo reiciendis esse quae quaerat exercitationem officia. Suscipit vel accusantium et aut esse incidunt ab. In qui ratione omnis at dolore architecto.

Laboriosam perferendis repudiandae quia. Id similique quaerat rerum atque deserunt ratione. Tempore sed maiores ipsa. Sed et sunt qui labore. Libero consequatur aut reiciendis dolorem rem qui.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”