Your Opportunity as an Analyst in Investment Banking
An overview of this program's objectives and how you can benefit

The Analyst Program gives qualified candidates broad exposure to global investment banking. Analysts may work on a variety of assignments, often simultaneously, ranging from business development presentations to equity and debt offerings, to mergers, acquisitions and divestitures to real estate financing throughout the Asia Pacific region. Analysts typically receive a broad-based introduction to financial analysis and exposure to a variety of business scenarios and financial products.

From initial public offerings to mergers and acquisitions, Analysts are typically exposed to the different components of the investment banking business. Analysts see first-hand how GCM functions while they develop a comprehensive skill set that includes financial modeling, valuation techniques and strategic planning.

	The Analyst Program in Investment Banking

Morgan Stanley's deal-team structure affords Analysts the opportunity to work closely with senior officers on a variety of projects. The work is challenging, and Analysts are encouraged to roll up their sleeves, dig into financial statements and construct innovative solutions. Assignments vary depending upon group placement, but typically include:

• Analyzing financial and operating information relating to corporations and industries
• Creating statistical exhibits that analyze comparative financial performance
• Building models to depict projected financial results and to value companies
• Developing marketing memoranda
• Participating actively in the execution of financings and/or M&A transactions

In addition, Analysts may attend client meetings and at times may have the opportunity to elaborate on parts of a presentation they have worked on.

The depth and breadth of experience Analysts gain during their tenure is matched only by the high level of responsibility they are entrusted with so early in their careers. Morgan Stanley Analysts are expected to pursue their assignments with excellence, a collaborative spirit, and the highest ethical standards.

Analyst training will serve as the foundation of any career. Four weeks of formal divisional training cover the essentials of finance, accounting, and computer software for quantitative analysis; important information about Morgan Stanley; and specific departmental training related to your assignment.

Morgan Stanley Analysts cite meeting senior executives of companies, working with smart, driven people, and being constantly challenged on the job as some of the most rewarding aspects of their experience. Analysts gain a broad perspective during their two years by working on transactions from origination to execution. In fact, it is not uncommon to open the Asia Wall Street Journal and see your transaction making headlines.

Although the program traditionally has a two-year term, in certain circumstances top-performing Analysts may be considered for a third year in Investment Banking or another division of the firm. The Senior Analyst position can provide an excellent opportunity to broaden an Analyst's investment banking knowledge and experience, potentially in an international location. Outstanding Senior Analysts may be offered the Accelerated Career Path (ACP) program, which directly promotes them to Associate-level positions.

• You are a team player with a strong work ethic and attention to detail.
• You have strong analytical skills and the ability to quickly grasp complex data.
• You have outstanding communication and interpersonal skills, with the ability to form effective working relationships.
• You thrive on intellectual challenge and work with confidence.
• You are ambitious and motivated to become an industry, product or regional expert.
• You must be able to manage multiple projects, provide complicated financial analysis and develop appropriate corporate finance solutions.
• You pursue your assignments with excellence, a collaborative spirit and the highest ethical standards.

Requirements

While we do not require a degree in a specific discipline, an outstanding academic record is essential, as are strong analytical and numerical capabilities. Oral and written fluency in English is required and fluency in Mandarin or Korean would be beneficial.

The 2009 Full Time Analyst Program is a two to three year program, commencing in February 2009.  This is a full time position in either our Sydney or Melbourne office.

Selection Process

We typically conduct at least two rounds of interviews for our programs. Interviews will be arranged either on campus or by telephone for the first round. Each candidate can expect to have approximately two to four 30-minute interviews.

How to Apply

Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html

Deadlines

The deadline for applying to the Full-Time Investment Banking Analyst Program in Hong Kong is October 29, 2007.

The deadline for applying to the 2009 Full Time Analyst Program in Australia is 26 March 2008.

	The Summer Analyst Program in Investment Banking

Our Summer Analyst program runs for 10 weeks, and is designed to provide a realistic view of investment banking by having Summer Analysts assume the functions of full-time Analysts. You are typically assigned to a specific group where you will work on a variety of transactions. Along the way, you will obtain a strong foundation in the basic skills of financial analysis and deal execution. You will be expected to start learning how to market the firm's products and services effectively.

Selection Process

We typically have at least two rounds of interviews for the Summer Program. Interviews will be arranged either on campus or via phone for the first round. Each candidate can expect to have approximately two to four 30-minute interviews. The final stage of our process is usually a full-day interview session held at Morgan Stanley's offices in New York, London, Beijing, Hong Kong or Singapore.

Requirements

We are looking for high-caliber undergraduate degree students in their penultimate year who possess both oral and written fluency in English, a keen interest in finance and investment banking, along with initiative, enthusiasm, motivation and a strong work ethic. Fluency in Mandarin or Korean would be beneficial.

The 2008-09 Summer Analyst Program - Australia is an intensive 10-12 week program.  We offer the opportunity in Sydney with the role commencing in December 2008. This program is tailored for undergraduate students in their penultimate year of study.

How to Apply

Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html

Deadlines

The deadline for applying to the Summer Investment Banking Analyst Program in Asia Pacific is December 16, 2007.

The deadline for applying to the 2008-09 Summer Analyst Program in Taiwan and Asia is 31 March 2008

The deadline for applying to the 2008-09 Summer Analyst Program in Australia and Asia is 16 July 2008.