What is the best division in Investment Banking?

I just accepted an internship in DCM in a Canadian Big Five and I wanted to know what's the overall opinion on DCM. From what I read on this page, a lot of people hate ECM because there isn't much work/movement. Will DCM be the same? If so, then what are usually the most interesting divisions in IB? Between M&A, Lev Fin, coverage, etc.?

Region

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (6)

Nov 8, 2019 - 4:09am

M&A or bust.

Okay, maybe not. DCM is also pretty cool and the work you will be doing should be equally challenging from an intellectual standpoint.

I don't know... Yeah. Almost definitely yes.

Start Discussion

Total Avg Compensation

April 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (188) $234
  • 2nd Year Analyst (107) $150
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (392) $132
  • Intern/Summer Analyst (324) $82