When I open a "DOS" command prompt, I use a batch file which sets all of the options I need and adds my old-time dos utilities to the path too.
@set path=%path%;c:\utils
@doskey cd=cd/d $*
@cd \wip
@cmd.exe
The doskey line sets the CD command so that it will do both drive and folder simultaneously. If this doesn't work, it is possibly because of the version of windows that you're running.