Placement and duration

Internal Audit offers a two-and-a-half-year rotational program, which provides Analysts with the opportunity to work on audits that cover various client groups within Morgan Stanley in one of two divisional tracks: Technology Audit and Business Audit. Analysts will develop an understanding of client processes, products and systems and are able to be involved in various stages of an audit. In addition, Technology Analysts have the opportunity to learn about cutting edge technology applications, such as algorithmic trade engines, pricing models, digital bank advisory and cloud computing.

Training program

The Full Time Analyst Program includes a one-day firmwide orientation, followed by a two-week business unit-specific training program led by the firm's Learning & Development department. The training program focuses on business, technical and professional knowledge specific to Morgan Stanley. Analysts will also attend another one-week Internal Audit-specific training designed to provide basic product knowledge, an understanding of Morgan Stanley's audit methodology and training in professional skills such as writing and communications.

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Responsibilities include the following, and may vary according to your coverage area:

  • Develop a working knowledge of business terminology and basic auditing standards.
  • Participate in business management and audit team meetings to gain an understanding of the business units under review (e.g. policies and procedures, roles and responsibilities, systems and processes, organization and controls).
  • Participate in audit planning and scoping, and assist in documenting audit planning materials and walkthrough narratives or process flows.
  • Assist in identifying key controls, creating the process, risk and control (PRC) matrix, and uploading documentation to the audit workflow tool.
  • Create and execute control tests and clearly document test results as part of fieldwork.
  • Communicate testing exceptions and control deficiencies to senior management within Internal Audit and the business as part of reporting.

Qualifications/ Skills/ Requirements

  • Business Audit: You are pursuing a Bachelor's degree (Accounting, Business Management, Finance or related degree preferred) and have less than one year of Full Time professional experience.
  • Technology Audit: You are pursuing a Master’s degree in Computer Science or a technology-related field (minor in Finance is optional) and have less than three years of Full Time professional experience. You have or are pursuing CISA or CISSP.
  • You have a minimum cumulative GPA of 3.0.
  • You have strong technical and quantitative skills, and working knowledge of Microsoft Excel.
  • You graduate between December 2020 and May 2021.


Morgan Stanley New York

Founded in New York City in 1935, Morgan Stanley has evolved into one of the world's foremost financial institutions, with more than 55,000 employees in 43 countries. Our New York headquarters offers the finest in financial thinking, products and execution to individual investors, companies, institutions and government agencies. We offer our clients the personalized attention and service of a boutique, the intelligence and creativity of the brightest professionals in the industry and the global resources of Morgan Stanley.

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Application Process & Deadlines

Students must apply online at If Morgan Stanley recruits on your campus, you may also be required to apply through your school's on-campus system. Note that this program consists of two tracks, Financial and IT Audit. When applying for the program, candidates must select the track that they wish to pursue.

Learn more about Our Recruitment Process