Your Opportunity as as Analyst in the Private Equity Program

An overview of this program's objectives and how you can benefit

As an Analyst in Private Equity, you will work closely with other Private Equity professionals to evaluate and execute investment opportunities and to monitor portfolio companies. This includes performing valuation analyses, building financial models, and conducting industry, business, and financial due diligence in various countries and across differing sectors.

Analysts in Asia may assume significant levels of responsibility, often working directly with senior management of potential investee companies.

Morgan Stanley's deal-team structure affords Analysts in Private Equity the opportunity to work closely with senior investment professionals on a variety of projects. The work is challenging, and Analysts are encouraged to roll up their sleeves, delve into financial statements, and generate innovative solutions for clients. In addition to attending client meetings, Analysts may be involved in performing valuation analyses, building financial models, and conducting industry, business, and financial due diligence across a broad range of geographic locations and sectors.

The depth and breadth of experience gained by Analysts in Private Equity is matched by the high level of responsibility with which they are entrusted so early in their careers. Excellence, a collaborative spirit, and the highest ethical standards are critical to success for Analysts in Private Equity.

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. You will also become familiar with Morgan Stanley and the Private Equity Group in Asia.

As your skill set and responsibilities expand, you may have opportunities to identify potential investments by undertaking in-depth sector studies, participate in the structuring of complex transactions, and eventually develop and evaluate strategic initiatives for portfolio companies.

The Private Equity Analyst Program typically has a three-year term. At the completion of this three-year program, outstanding Senior Analysts may be offered the Accelerated Career Path (ACP) program that directly promotes them into Associate-level positions.

• You have a strong interest in finance and private equity.
• You have superior analytical and quantitative skills.
• You have excellent oral and written communication skills combined with strong interpersonal skills.
• You are a team player with a strong work ethic and attention to detail.
• You have the enthusiasm and motivation to pursue your assignments with excellence.
• You have the ability to multitask, prioritize, and take initiative.
• You are fluent in either Mandarin or Korean in addition to English.

Requirements
Candidates considering a position in Private Equity will have outstanding academic achievement in an undergraduate degree with a major that imparts strong quantitative skills or requires significant numerical-based analysis.

Selection Process
We typically have at least two rounds of interviews for our graduate programs. 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. Typical areas that are explored in our interviews include problem solving, analysis, intelligence, decision-making, leadership, interpersonal skills, motivation, beliefs and values, career aspirations, product knowledge, and/or technical capability.

How to Apply
To apply for the Asia Pacific Private Equity Group Analyst Program, please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html or contact your career center.

Deadlines
Please visit our website: www.morganstanley.com/careers/recruiting for application deadlines.

	The Summer Analyst Program in Private Equity

Our Summer Analyst program is 10 weeks in length and is designed to provide a realistic view of a career in Private Equity by having Summer Analysts assume the functions of full-time Analysts. Summer Analysts work closely with other Private Equity professionals to evaluate and execute investment opportunities and to monitor portfolio companies. This includes performing valuation analyses, building financial models and conducting industry, business and financial due diligence in various countries and across differing sectors.

The Analyst Program begins in July with four weeks of intensive classroom training. This includes speakers, practical sessions, and the chance to exchange ideas and learn from your peers. During your first two weeks, you will join analysts from Sales & Trading in the combined Institutional Securities Training Program, which covers accounting, financial modeling, and capital markets. This is followed by two more weeks of specific investment-banking training which covers advanced modeling, Morgan Stanley's proprietary analytical tools, information technology, financial products, and leadership skills. Once your training is complete you will take your place on teams. Throughout the program you will get to know your colleagues through social events that will launch you on building your life-long professional network.

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 both a junior mentor and a senior mentor to act as your confidante and provide you with day-to-day advice.

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 CFA and FSA qualifications, where necessary.

At the end of your three-year program you may be invited to apply for promotion to Associate, further expanding your investment banking expertise and career potential within the firm.

• 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 summarize them effectively in your speaking and writing.

Requirements
We are looking for high-caliber candidates who are completing the junior-level year of their undergraduate degree and who possess:

• Both oral and written fluency in English and Mandarin
• Strong interest in finance/private equity
• Strong teamwork mentality, initiative, enthusiasm, and motivation
• Commitment and strong work ethic
• The ability to multi-task and prioritize

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. Areas that are explored in our interviews could include problem-solving, analysis, intelligence, decision-making, leadership, interpersonal skills, motivation, beliefs and values, career aspirations, product knowledge, and/or technical capability.

How to Apply
To apply for the Asia Pacific Private Equity Group Summer Analyst Program, please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html or contact your career center.

Deadlines
The deadline for the Asia Pacific Private Equity Group Summer Analyst Program, is January 2, 2008.