Fixed Income Research

Summer Analyst

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Placement and duration

The Fixed Income Research Summer Analyst Program is 10 weeks, beginning with one week of classroom training, followed by a rotational program on various Fixed Income Research desks including Corporate Credit, Interest Rates, Emerging Markets, Foreign Exchange, Municipal Credit and Securitized Credit. Summer Analysts are based in New York City. The Program typically features a management speaker series, product area training, networking events, community service, a performance review and a mentorship program. Summer Analysts receive continued on-the-job training throughout the Program, allowing them to acquire an in-depth understanding of the role a Full-time Analyst can play.

Training program

Summer Analysts begin with a one-day orientation where they are introduced to the Firm's businesses and learn what it's like to be an employee at Morgan Stanley. Fixed Income Research Summer Analysts then attend both Research and Sales & Trading division-specific training where they learn core skills essential for success. The curriculum includes daily market updates, business-specific overviews, and basic product and technical training.

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Responsibilities

  • Develop investment recommendations on Fixed Income Securities through the study of market fundamentals and technical research.
  • Helping develop models to identify short term asset-class disconnects in real time.
  • Working on longer-term asset allocation challenges (e.g. the optimal way to generate a 3% return over inflation).
  • Assisting with the day-to-day production of our research content.
  • Analysts will be given a specific project during each rotation focusing on anything from developing and pitching a trade idea to creating new valuation and trading models. The project will be presented to the research team at the end of each rotation.

Qualifications/ Skills/ Requirements

  • You are pursuing an undergraduate or Master's degree, generally as a junior, with a minimum 3.0 GPA.
  • You have advanced knowledge of Excel (preferred).
  • You have basic knowledge and a keen interest in finance and markets.
  • You are analytical, adaptive, a leader yet team player, as well as a multi-tasker.
  • You possess strong oral and written communication skills.

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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 www.morganstanley.com/campus. If Morgan Stanley recruits on your campus, you may also be required to apply through your school's on-campus system.

For questions, please email mscampusrecruiting@morganstanley.com.

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