Two Different Paths: RBC DCM vs JPM PubFIn

Being early on in the career, and weighing these two opportunities, which would you go for?


Both offer a nice lateral move, considering I'm currently doing credit related work (i.e. S&P). Not particularly worried about the "traditional" type of exits, as I figure once I'm in either group, I'd hope to be in it for the long run. RBC seems more interesting because there's a restructuring aspect to this particular group, while the public finance platform at JPM is consistency at the top of the municipal league tables and offers it own set of positive attributes.


Basically I'm torn and wanted to hear some outside perspective/thoughts. Thanks in advance.

 

I think DCM has better/more interesting exits than PubFin. Also, you could lateral upstream and end up at GS, or another BB doing DCM

I just personally don't really like PubFin, and know that most of the MS PubFin people would prefer to be in pretty much any other FO vertical. 

 

Fugiat veniam fugit iure necessitatibus ad ipsa. Necessitatibus sit nihil quis aut. Unde et fugit non rerum saepe.

Ut culpa sint in dolorum ipsum neque id. Ullam distinctio asperiores dolorem vero dolor. Deleniti a occaecati quaerat explicabo perferendis aliquam. Odit non sed nam rerum reiciendis mollitia.

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 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 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 (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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...”