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  Investment Banking Analyst
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Investment Banking - EMEA

 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 an active 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 early 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 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. Throughout the three year analyst programme you will be encouraged to rotate through various Industry, Product and Regional 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), Frankfurt (Investment Banking, Global Capital Markets), Stockholm (Investment Banking), Milan (Investment Banking, Real Estate), Dubai (Investment Banking, Global Capital Markets), Madrid (Investment Banking, Real Estate), Zurich (Investment Banking), Moscow (Investment Banking, Real Estate), Johannesburg (Investment Banking), Tel Aviv (Investment Banking), Istanbul (Investment Banking)

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 and Industrial Placement Programmes. However, opportunities in some divisions and locations will arise shortly, so we strongly advise visiting our website on a regular basis, to verify which divisions have Full Time opportunities available.

Please note that the application deadline for schools in the Nordic Region is Monday 29 September 2008.

 

 Your Opportunity as a Summer Analyst in Investment Banking
How the programme works and the day-to-day experience you can expect

The 10-week Summer Analyst Programme is an opportunity to experience the culture and atmosphere of Morgan Stanley and the Investment Banking Division by taking on the responsibilities and functions of full-time IBD Analysts.

During your first week as a Summer Analyst, you will complete a comprehensive induction programme. You will spend the summer assigned to a specific group, building basic skills in financial analysis, accounting and valuation while working on a wide range of domestic and international transactions. You will receive continued on-the-job training throughout the summer and benefit from working alongside experienced professionals on a variety of projects.

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

The Summer Analyst Programme begins in June with one week of intensive classroom training. This will include an introduction to Morgan Stanley followed by specific Investment Banking training. Once you have completed your first week you will take up your placement in the business. Throughout the internship, you will be exposed to business speakers, practical sessions, and the chance to exchange ideas and learn from your peers through various social activities and events.

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

Management takes a keen interest in your progress as a Summer Analyst, and you will be encouraged to take on responsibility quickly with a view to developing your experience. To help in this process, you will typically be assigned both a “buddy” and a mentor who will act as your confidants and provide you with day-to-day advice.

At the end of the internship, you will have had the opportunity to have first hand knowledge of what the role of an Analyst in IBD is all about. In addition, you will have had the opportunity to build a strong network amongst your peers and professionals within the business and have a strong understanding of the Morgan Stanley culture.

The other key element of the Summer Analyst programme is that our most successful interns receive a job offer for the Full-Time programme at the end of the Internship. 

Requirements

You must be a high-calibre undergraduate student in your penultimate year of study with the ability to communicate effectively in both written and verbal English and a keen interest in the financial markets. In addition, the ability to communicate in a second language would be beneficial.

Selection Process

For selected applicants we typically conduct at least two rounds of interviews followed by a full-day assessment centre held at our London office. The assessment centre will involve in-depth interviews, group and individual exercises and a numerical reasoning test. 

How to Apply

Applications can be submitted from early September 2008 and will be reviewed as they are received so we encourage candidates to apply early.

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

Regional Office Internships

Paris
The Paris office offers internships in Investment Banking and Global Capital Markets. Internships vary in length depending on business needs and candidate availability. Recruitment is completed on a continuous basis and interested candidates should apply online via our website.

For further information, please email rec_rh@morganstanley.com           

Frankfurt
The Frankfurt office offers 2-3 month internships in Investment Banking, Global Capital Markets, Sales & Trading, Investment Management, and Real Estate.
Recruitment is completed on a continuous basis and interested candidates should apply online via our website .

Deadlines

The deadline for applying to the Summer Analyst  Programme in London is December 31 2008.