DCM: MBS vs Credit Derivatives

Hi everyone,

Looking for some advice here, l am currently looking with great interest in a career as a DCM analyst down the road (IG or HY) I am currently working at a big name financial technology company ( think Reuters, Bloomberg, Cap IQ) working in fixed income financial analytics. I wanted to ask what do you think would open more doors for me in the future, specializing in structured products (MBS, CMBS, ABS, etc ) or specializing in credit derivatives ? What do you think may be more applicable for DCM ?

Any feedback is appreciated I know this may be very vague but just looking for some guidance here, thanks!

 

Thanks a lot really appreciate that, I say this because I see a lot of people in roles such as MS Global Capital Markets where I see many people working with derivatives but at the same time see analyst positions that work with MBS type of issuances as well ( dcm type roles)

I guess in general do you guys think there's a better future in credit derivatives vs structured finance or vice versa. Thanks everyone

 

Dolorem id possimus at atque. Facilis excepturi earum officia consequatur aut. Est est nesciunt architecto nam possimus facilis.

Asperiores consequatur voluptatem aut debitis. Est sunt excepturi quos explicabo quis qui velit. Assumenda possimus aut quam aperiam dolores similique itaque. Et dolor atque reprehenderit maxime doloribus excepturi similique.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
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...”