Your Opportunity as a Junior Associate in the Research Division

As a Junior Research Associate (RA) you will play an essential role in assisting the Morgan Stanley Research team in maintaining and enhancing our global research reputation. Your work will be both qualitative and quantitative, and your findings will greatly affect reports that will be disseminated throughout the business. Your work in analyzing companies and industry trends will help inform and support proprietary investment opinions in your team's research universe . All of your work will be guided by your Lead Analyst, who is considered to be the firm’s industry expert.

The Junior Associate Program in Research
How the program works and the day-to-day experience you can expect

The Junior Associate Program typically runs for two years. During the two-year program, you will be placed on a team, under the guidance of a Lead Analyst. You can learn about a specific industry, as well as how to analyze the companies within the industry. You will be trained on the analytical skills required to analyze companies, as well as on how to write to a specific audience.

Some of your typical roles and responsibilities include:

• Gathering and analyzing industry data to develop an industry vision
• Update and build financial models on the companies and industry you follow
• Analyzing emerging trends in an industry or macro-economy
• Write investment notes and reports to communicate your team's investment opinions to a sophisticated client base
• Assessing relative stock valuations and reviewing findings with senior team members and, ultimately, with internal and external clients
• build relationships with global colleagues, salespeople, traders and, over time, external investing clients

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

The Junior Associate Program begins with a 4-6 week training and development curriculum to equip you with the fundamental skills and professional awareness you will need to be successful. The curriculum includes course work in financial statement analysis, corporate finance and financial modeling in Excel, and a customized series of seminars presented by senior members of the department.

Training will focus on in-depth accounting, financial modeling (including case studies) and overviews on Morgan Stanley as a business. Additionally, you may be trained on ModelWare, which is our proprietary model-building system.

You will get to participate in training and study sessions to prepare you for the Series 7 and Series 63 exams. Studying for the CFA is strongly encouraged and is supported by the firm.

Along with formal training, you may be assigned a mentor upon arrival at the firm. The mentor is a senior-level person in the division, but not someone with whom you will be working directly. This person can help guide your career, prepare you for what’s ahead and assist you with career planning. Traditionally, mentoring relationships last years and may make a difference in your career.

Developing Your Career
What you can anticipate as you make progress and after completing the program

In the Junior Associate Program there is ongoing training, enabling you to strengthen or gain skills throughout your professional career. Senior management takes a keen interest in your progress as an RA and will look to you for fresh perspectives and new ideas. You are encouraged to take on responsibility quickly with a view towards developing your career within the firm. To help in this process, you will typically be assigned a mentor to act as your confidante and provide you with day-to-day advice.

After the Junior Research Associate program, participants may take a variety of paths. You may want to stay on as Research Associate, apply to other business units at Morgan Stanley, attend business school, or pursue different career ventures. The choice is yours.

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

• You have strong quantitative and analytical skills.
• You are an excellent communicator and are comfortable dealing with clients.
• You have intellectual curiosity, focus and creativity.
• You have a keen research instinct and creative problem-solving abilities.
• You have a strong interest in the financial markets.
• You have an entrepreneurial spirit.
• You are a team player.

Requirements

You must have a Bachelor’s degree in accounting, finance, or a related field.

Selection Process

Initial interviews will be conducted on campus, with later rounds being held in our headquarters in  New York City .  The interviews are generally hosted by both senior-level Lead Analysts as well as Associates and Junior Associates. Our culture is collaborative and we want you to meet those who will guide your career, as well as those who will be working with you on a day-to-day basis.

How to Apply

Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html. You should also check with your school’s career center for specific campus application guidelines.

Deadlines

For application deadline information for the North American Research Junior Associate Program, please consult with your school’s career center.

	Your Opportunity as a Junior Summer Associate in the Research Division

As a Research Summer Junior Associate (RA) you will play an essential role in assisting the Morgan Stanley Research team in maintaining and enhancing our global research reputation. Your work will be both qualitative and quantitative, and you can make a significant contribution to our research products, which have significant influence on our institutional, retail and internal clients . You will gain exposure to Research by working in one specific sector on a variety of projects. Past projects have included industry, company, and market research and analysis as well as participation in the publication of research reports and presentations. Along with the project, you may experience the day-to-day life of an Associate. You may sit through an earnings season with your team and see how that affects the calls made on the stocks under coverage. You may also have the chance to sit in on meetings and conference calls with Sales and Trading to see how your work is being used in the firm. All of your work will be guided by your Lead Analyst, who is considered to be the firm’s industry expert.

The Junior Associate Program in Research

The Summer Junior Research Associate Program is 10 weeks long. The work for Summer Junior Associates is very project-based and can range from doing a company initiation model to conducting an industry survey. The program also includes an initial week of training and orientation to Morgan Stanley as a whole.

Some of your typical roles and responsibilities include:

• Gathering and analyzing industry data to develop an industry vision
• Analyzing emerging trends in an industry or macro-economy
• Preparing comprehensive company reports
• Assessing relative stock valuations and reviewing findings with senior team members and, ultimately, with internal and external clients

Launching Your Career

The Summer Junior Associate Program begins with training and development curriculum to equip you with the fundamental skills and professional awareness they will need to be successful. Training will include financial analysis and modeling overviews, as well as larger presentations from business leaders. Along with formal training, you may be assigned a mentor upon arrival at the firm. The mentor is a senior-level person in the division, but not someone with whom you will be working directly. This person can help guide your career, prepare you for what’s ahead and assist you with career planning. Traditionally, mentoring relationships last years and may make a difference in your career.

Developing Your Career

In Summer Junior Associate Program there is ongoing training enabling you to strengthen or gain skills throughout your professional career. The program is kept small in number to ensure that each Summer Junior Research Associate receives substantial one-on-one attention. There are many opportunities to network with senior management and other representatives from Research through lunches, seminars and social activities. Summer Junior RAs also receive significant support from program managers and mentors. Mid-summer reviews are given to assess your performance, enabling you to improve throughout the summer.

Is Research Right for You?

• You have strong quantitative and analytical skills
• You are an excellent communicator and are comfortable dealing with clients
• You have intellectual curiosity, focus and creativity
• You have a keen research instinct and creative problem-solving abilities
• You have a strong interest in the financial markets
• You have an entrepreneurial spirit
• You are a team player

Requirements

You must be working towards a Bachelor’s degree in accounting, finance, or related field.
Selection Process

Initial interviews will happen on campus and later rounds allow you the opportunity to experience a visit to our New York office. The interviews are generally hosted by both senior-level Lead Analysts as well as Associates and Junior Associates. Our culture is very collaborative and we want you to meet those who will guide your career, as well as those who will be working with you on a day-to-day basis.
How to Apply

Please visit our website at: www.morganstanley.com/careers/recruiting.  You should also check with your school’s career center for specific campus application guidelines.

Deadlines

For application deadline information for the North American Research Summer Junior Associate Program, please consult with your school’s career center.