S&T vs DCM

Hey guys,
1st post on this but long time reader, facing a bit of a dilema. Currently doing a summer in FIG DCM at a BB and liking it but am torn between DCM and Sales. I've always kind of had my eyes on Sales but DCM was kind of offered it on a plate this summer so took it for expereince and CV, but I don't know which to apply for this year.
Bit of background: 3 As A-level, 1st Economics and doing a MSc Finance & Investment this year internship Henderson Global Investors.
Have read loads around it but just wondering what your views were:

SALES vs DCM
Out the office by 7 (with exceptions of client wining and dining) vs 10pm earliest.
Client interaction early on in career vs menial excel shit from MD and the everyone else.
Fast paced enviroment with rapid career progression.
Possible ex opps HF/ relationship banking etc vs stuck in DCM.
Limited job security relative to DCM plus with increased regulation possibility of less recruitment in S&T.

Cheers

Also what are your thoughts on applying for internship again with hope of offer afterwards or going for grad scheme?

 

Getting 3A's at A level isn't really spectacular. Try getting six (I somehow pulled it off). Where did you complete your undergrad? I presume you're enrolled in the part-time Masters @ City U.

I'd go for DCM. Congratulations on your offers.

I win here, I win there...
 

Uhh. Go for sales. I worked in DCM and it sucks phat ass. All you do is pump out pitches. Late evenings and work on the weekends. Take sales man. The only time you're working late is when you schmoozing with clients.

 

Sint aspernatur praesentium iusto cumque atque praesentium. Perferendis est vero laborum officia ea nulla id. Sit facere quia voluptates dolore accusantium non ratione quos. Exercitationem velit accusantium assumenda.

Qui ab tempore laboriosam et. Sapiente hic sint nisi libero.

Ipsum repudiandae officia ut fuga consequatur tempore odit. Adipisci qui tempora reprehenderit rerum nostrum.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
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
bolo up's picture
bolo up
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...”