• PGP in New Age Banking
    Co-created with Imarticus Learning
    4.8 out of 5 by 669 learners
    4x Industry Demand
  • POST GRADUATE DIPLOMA IN MANAGEMENT
    Co-created with BIMTECH
    4.8 out of 6071 learners
    2x industry demand
  • MBA in Investment Banking
    Co-created with Jain University
    4.5 out of 5 by467 learners
    2x industry demand
  • MBA in Fintech
    Co-created with Jain University
    4.4 out of 5 by 349 learners
    2x industry demand
  • MBA (Distance) in Banking and Finance with NGASCE
    Co-created with NMIMS
    4.7 out of 5 by 669 learners
    4x Industry Demand
  • Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1421 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.6 out of 5 by 1139 learners
    4X industry demand
  • PGP in Banking and Wealth Management
    4.6 out of 5 by 1429 learners
    3X industry demand

How investment banks operate in DCM markets?

DCM or Debt Capital Markets is the link that connects the corporate issuers and bankers. DCM groups provide advisory services to corporate issuers for debt-raising required for acquisitions, restructuring of debts existing-debt refinancing, and old-debt refinancing. The investment banker is the vital link in the entire process and acts as a broker between the intermediaries. Such investment banking teams need to be agile, flexible and abreast a fluctuating market.

One will need proficiency in markets with fixed income, treasuries, bonds, instruments in the money market, and much more. The investment banker receives a fee from the contracting parties for his mediation and making of financial arrangements, advice on financial issues like mergers, acquisitions, and services in trading of bonds, shares etc.

Let us understand the Debt Capital Market operations to explore the role of the investment banker in DCM operations.

DCM Teams and ECM Teams
DCM teams focus on operating the fast-paced short-term side of financial investments. ECM-Equity Capital Markets teams focus on the long-term investments which move slower. The risk factors keep these two teams in different environs. Obviously, the ECM teams bear more risk with longer termed investments. DCM teams work with debt securities and ECM teams with equity securities. The differences between the teams are due to the risk capabilities and types of investments they focus on.

Debt Capital Markets explained.
DCM or Debt capital markets are capital markets that generate fixed-income and have low-risk. The investors receive debt securities for money lent to the company invested in. The DCM is popular with companies who look for finance through debt. Investors also prefer them as it ensures their capital remains intact while they earn profits and a fixed-income.

Investors are comfortable with low-risk income providing instruments in the DCM like bonds, debt securities, and others. This helps them preserve the capital amount while earning profits when trading in the securities. The investment bankers advice customers for a fee on the risks involved in investing in such money investments.

Debt Securities:
Companies that raise funds make debt securities to the lenders in the form of money market instruments, bonds, treasuries and such. The creditworthiness of the debtor is assessed and sets the interest rate. Higher the creditworthiness lower will be the interest rates.

Debt securities can be obtained from both the primary and secondary markets. The primary market is one where companies issue their bonds. The secondary market is one where persons holding bonds sell them at market prices which may be higher or lower.

Bonds:
Bonds are securities dealt in by the DCM teams. They have different values, characteristics and return profiles. The most often mentioned bonds are: 

  1. Investment bonds
  2. Bonds with high-yield
  3. Bonds from the government
  4. Emerging markets based bonds
  5. Bonds by the municipality

    Learn all about the DCM team, investment banking roles, and job opportunities, payouts expected and more by doing investment banking courses in India. These courses offer a good grasp of fundamentals, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and basic knowledge of technical skills in Java, Python etc.

    For investment bankers. While certification definitely helps, you need to be an excellent communicator and work diligently to acquire the best analytical, technical and business skills crucial to your job role. Another advantage in such courses is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the field of investment banking, financial courses and more.
For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Placement Program
    PGP in New Age Banking
    Co-created with Imarticus Learning
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    8th Jan 2022 Live Instructor - Led Training Online
    Date Location Schedule
  • Finance
    POST GRADUATE DIPLOMA IN MANAGEMENT
    Co-created with BIMTECH
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 6071 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    Live Instructor - Led Training Online
    Date Location Schedule
  • Recent Graduates
    MBA in Investment Banking
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by467 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Fintech
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.4 out of 5 by 349 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Placement Program
    MBA (Distance) in Banking and Finance with NGASCE
    Co-created with NMIMS
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    8th Jan 2022 Live Instructor - Led Training Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1421 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    27th November Live Instructor - Led Training Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    2
    Organizations enrolled
    20
    4.6 out of 5 by 1139 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    13th February ONLINE Weekend
    Date Location Schedule
    29th May ONLINE Weekend
  • Post Graduation
    PGP in Banking and Wealth Management
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1429 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    21st October CHENNAI Weekday
    Date Location Schedule