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?
bump
No, to answer your question, it is not generally viewed as legitimate work experience. Adcoms commonly refer to it by its acronym - Day Care for Men. Thx and good luck.
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
false lol. All things matter. Prestige especially does. Which is why you see MBB, MF PE candidates getting into HSW rather than LMM and no-name boutique consultants (a few do, but far less common).
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.
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