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ECM/DCM- are there exit oops or do you stay in the career for life? Watch

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    I know that people in M&A, Levfin can get into hedge funds, PE, consulting and a lot of stuff, but are there any places on the buy side that ECM/DCm folks can enter? Or do people usually enter DCM or ECM intending to make a career of it?
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    DC, doesn't involves less financial modelling of the type used by the buy side so exit opps are limited. It's possible to switch from DCM/ECM to FI/Equity research or syndication.
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    why wouldn't you want to make a career in DCM/ECM.. would probably be a cool career.
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    (Original post by BigTraderBoi)
    I know that people in M&A, Levfin can get into hedge funds, PE, consulting and a lot of stuff, but are there any places on the buy side that ECM/DCm folks can enter? Or do people usually enter DCM or ECM intending to make a career of it?
    DCM still leaves open credit-tinted opportunities, less so than levfin afaik

    ECM is the real blackbox, you could move into a more traditional product/coverage group or you could exit to industry and work in investor relations.. maybe even equity research. but the moral is, you have to forge your own paths with networking etc, recruiters won't be hitting you up in the DMs about opps as much.

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    Btw, not many DCM people actually leave their jobs since their hours are more reasonable than M&A: it's roughly 70-80 hours a week instead of 90
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    (Original post by Ladbants)
    Btw, not many DCM people actually leave their jobs since their hours are more reasonable than M&A: it's roughly 70-80 hours a week instead of 90
    more like 60. 12 hour days (7-7) 5x days a week.
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    (Original post by Princepieman)
    DCM still leaves open credit-tinted opportunities, less so than levfin afaik

    ECM is the real blackbox, you could move into a more traditional product/coverage group or you could exit to industry and work in investor relations.. maybe even equity research. but the moral is, you have to forge your own paths with networking etc, recruiters won't be hitting you up in the DMs about opps as much.

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    (Original post by gr8wizard10)
    more like 60. 12 hour days (7-7) 5x days a week.
    Damn that's like s&t hours then but not as kind-numbingly boring
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    (Original post by Princepieman)
    DCM still leaves open credit-tinted opportunities, less so than levfin afaik

    ECM is the real blackbox, you could move into a more traditional product/coverage group or you could exit to industry and work in investor relations.. maybe even equity research. but the moral is, you have to forge your own paths with networking etc, recruiters won't be hitting you up in the DMs about opps as much.

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    DCM leaves open the chances of transferring to Fixed income sales/research as well, seen quite a few peeps on LinkedIn who've made the move.
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    (Original post by desaf1)
    DCM leaves open the chances of transferring to Fixed income sales/research as well, seen quite a few peeps on LinkedIn who've made the move.
    definitely

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    (Original post by Princepieman)
    DCM still leaves open credit-tinted opportunities, less so than levfin afaik

    ECM is the real blackbox, you could move into a more traditional product/coverage group or you could exit to industry and work in investor relations.. maybe even equity research. but the moral is, you have to forge your own paths with networking etc, recruiters won't be hitting you up in the DMs about opps as much.

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    What's a credit-tinted?
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    dont know why so many chase exit opps
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    (Original post by sinatraa)
    dont know why so many chase exit opps
    So they can stop working 100 hours a week
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    (Original post by biglad2k16)
    So they can stop working 100 hours a week
    Yeah but still the hours do get better after promotions and the pay can be better unless you land a really good gig
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    (Original post by Ladbants)
    What's a credit-tinted?
    anything to do with the credit side of finance.. distressed debt, long-short credit, turnaround etc

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    Syndication, research, sales, some buy side opportunities available but quite rare
 
 
 
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