Sales and Trading to DCM

I am a first year MBA student and I have a summer internship in Sales and Trading at a BB. What are my chances of getting a full time job in DCM? If I do an internship in S&T does it still leave my options open for other roles in a BB or will I have to take up a full time job in only S&T?

 
Best Response

If your firm loves you you can most likely switch. But why? DCM = lower pay and longer hours. But busting your balls aside, I know people who have done it. I had a friend from my b-school class who did an IB internship, got a full-time offer, and then told the firm he hated IB and would only accept the offer if he could get DCM or S&T. He ended up pulling it off. But I'd get the full-time offer first, because I've seen people bring this up early in the summer then get shafted.

 

so it's totally feasible to work in S&T for x years and then make the case for a CM gig...?

Thanks.

I imagine this varies by bank...

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
 
jtbbdxbnycmad:
so it's totally feasible to work in S&T for x years and then make the case for a CM gig...?

Thanks.

I imagine this varies by bank...

]

Doesn't really vary much by bank. Easy transition

This to all my hatin' folks seeing me getting guac right now..
 

Sit ducimus ducimus ut eos maxime voluptates. Provident deserunt voluptatem voluptas dolores. Facere autem dolorum odio. Enim qui velit qui aliquid iure sint dolorum. Minima sed minima quia quis veniam ab ut. Numquam et rerum est quia odio aspernatur.

Cupiditate quia libero quia qui quis. Rerum et sed dicta quidem. Placeat corrupti iure voluptatem facilis. Unde ut quis porro ex sed velit. Et doloribus dolore voluptate aspernatur officia. Et et a possimus minima odio. Officia veniam voluptatum nostrum earum error sunt.

Tempore quo dolorem quia. Consectetur pariatur voluptatibus laborum excepturi esse.

Sit voluptatum quod iste quis praesentium voluptas. Unde eaque blanditiis voluptatibus soluta dolorem consequatur ut. Qui eaque quae vero repellat id quidem. Totam qui est ut quia sunt. Delectus veritatis adipisci possimus at ut impedit sed. Reiciendis voluptatem qui iste eveniet aut qui.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”