Your Opportunity as an Analyst in Investment Banking

An overview of this programme’s objectives and how you can benefit

Our goal is to give you the skills you need to quickly become a contributor to the Investment Banking team. As an Analyst, you will be exposed to every aspect of investment banking as you work directly with experienced financial and strategic decision makers at some of the world's most influential corporations, as well as smaller clients. You will have the opportunity to work simultaneously on several teams and to make a significant contribution at every stage of a deal. What you gain in depth and breadth of experience will be matched only by the high level of responsibility you are given in your career with Morgan Stanley.

The Analyst Programme in Investment Banking
How the programme works and the day-to-day experience you can expect

In the three-year Analyst Programme, you will typically work on a variety of corporate transactions and take on significant responsibility for delivering specific elements. From initial public offerings (IPOs) of stock to mergers and acquisitions, you will play an important role on teams that include senior professionals who will encourage you to go beyond the numbers and think creatively. Amongst your wide-ranging responsibilities:

• Gathering and synthesising financial and operating information about companies, industries and governments
• Creating financial models
• Gathering market data to analyse trends and help value and price transactions
• Drafting presentations and memoranda for a wider audience within the firm and the financial services industry
• Attending team discussions and client meetings, where you may be asked to deliver parts of a presentation

The work is challenging, and Analysts are encouraged to roll up their sleeves, dig into financial statements, and think creatively about innovative solutions.

Launching Your Career
The initial training that you receive on starting the programme

The Analyst Programme begins in July with five weeks of intensive classroom training. This includes business presentations, practical sessions, and the chance to exchange ideas and learn from your peers. You will join analysts from Sales & Trading, Investment Management and Private Wealth Management in the combined Institutional Securities Training Programme, which covers accounting, financial modeling and capital markets. This is followed by specific investment-banking training which covers advanced modeling; Morgan Stanley's proprietary analytical tools; information technology; financial products and leadership skills.

At the end of training, we hope that Analysts would have built a strong network amongst their peers and be able to understand financial concepts, build a dynamic model from scratch and have a strong understanding of the Morgan Stanley culture. Once your initial training is complete, you will take up your first placement in the business.

Developing Your Career
What you can expect as you progress through and complete the programme

Senior management takes a keen interest in your progress as an Analyst, and will look to you for fresh perspectives and new ideas. You will be encouraged to take on responsibility quickly with a view to developing your career. To help in this process, you will typically be assigned a “buddy” and a mentor who will act as your confidants and provide you with on-going advice and support.

Mobility is an important part of building a Morgan Stanley career, and Analysts are encouraged to rotate within the Investment Banking Division and Global Capital Markets, and across country, product and industry groups. Whether you pursue investment banking or a related financial field, the skills and experience you develop as an Analyst will give you a strong foundation for your career.

Additional training throughout the year may take the form of market and strategic updates, group overviews and case studies. We also support you in taking language classes and financial examinations, such as Chartered Financial Analyst (CFA) and Financial Services Authority (FSA) qualifications, where necessary.

At the end of your three-year programme, successful Analysts will have the opportunity to apply for the accelerated career path programme. This directly promotes you to Associate level positions, further expanding your investment banking expertise and career potential within the firm.

Regional Programme Locations

We hire candidates for positions throughout the EMEA region. Although the majority of our opportunities are in London, we have a limited number of positions in the following locations:

Paris (Investment Banking, Real Estate Investing), Frankfurt (Investment Banking, Global Capital Markets, Real Estate Investing), Stockholm (Investment Banking), Milan (Investment Banking, Real Estate Investing), Dubai (Investment Banking, Global Capital Markets), Madrid (Investment Banking, Real Estate Investing), Zurich (Investment Banking), Moscow (Investment Banking, Global Capital Markets), Tel Aviv (Investment Banking)

For opportunities in Real Estate Investing, please click here to review the Merchant Banking Programme overview

Is Investment Banking Right for You?
A checklist to help you decide if you have the skills and temperament for this area

• You have strong analytical and numerical skills that put you at ease with financial data.
• You are driven to achieve results and will push yourself to perform well under pressure and against tight deadlines.
• You are a committed team player with the ability to manage a wide range of responsibilities.
• You can articulate complex ideas simply and summarise them effectively in your speaking and writing.
• You are committed to excellence in your work and maintain high professional and ethical standards.
• You thrive in an environment that encourages innovation and entrepreneurial thinking.

Requirements

A minimum 2.1 honours degree is required for students in the United Kingdom, and an equivalent standard for students outside the country. In addition, fluency in a second language would be beneficial.

Selection Process

Selected applicants will meet with Investment Banking professionals through a series of interviews, followed by a full day of assessment at our London office. The assessment will involve in-depth interviews, group and individual exercises and a numerical reasoning test.

How to Apply

To submit your application, please apply online via our website.

Deadlines

Hiring for our Full Time positions is primarily completed through our Summer Intern Programme. However, further opportunities may arise, so we strongly advise that you visit our website regularly to verify the Full Time positions available.