Career Opportunities

Our Firm At Morgan Stanley, we are defined by our people, our founders, our company veterans, and our newest recruits. We draw on the strength of their diverse talents and perspectives, generating growth for our clients in ways that are forward-thinking and sustainable. We collaborate across departments and our global network of offices to deliver exceptional ideas and solutions to the worlds most complex challenges. Morgan Stanley prides itself on fostering an inclusive environment. One way we demonstrate our commitment to diversity is through our Summer Internship Programs. As an integral part of our recruiting efforts, these programs provide students with a view into all that Morgan Stanley has to offer through employee network groups, roundtables, and workplace culture. 2025 MBA Early Insights Programs Virtual program hosted over two sessions. Content will be related to Morgan Stanley, our culture, the financial services industry, and the campus recruitment process Eligibility Requirements Open to all backgrounds Incoming first year MBA students graduating between December 2026 and June 2027 Graduate students with limited exposure to the financial services industry are encouraged to apply Historically underrepresented populations and first generation graduate students are encouraged to apply Participation in Early Insights does not guarantee selection for the summer associate program. Employment decisions at Morgan Stanley are based on merit and do not discriminate against any individual on the basis of their race, gender or other protected status. Application Deadline and Details Applications close on July 6th at 11:55 PM EST Applications will be reviewed holistically after the deadline HireVue OnDemand interview must be submitted by the application deadline for your application to be considered for this program No new applications will be accepted after July 6th at 11:55 PM Applicants who submit applications on July 4th will have 48-hours from the time of application submission to complete their HireVue OnDemand interview The event will take place the week of August 11th. Specific details will be provided to selected candidates.

Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in Mergers & Acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. With professionals in 42 countries, we are consistently recognized for our performance in traditional and innovative financing techniques, helping clients around the world to make decisions about their business strategy and financial structure. Training Program Summer Analysts experience the culture and atmosphere of Morgan Stanley by taking on responsibilities of a Full-Time Analyst for 10-12 weeks, working on a variety of corporate transactions and making meaningful contributions to the delivery of projects. Summer Analysts have the opportunity to be involved in an immersive orientation program and learn about our culture as well as the benefits and responsibilities of being a member of the Firm. In addition, Summer Analysts participate in an intensive division-specific training program focused on developing a strong foundation in the basic skills of financial analysis, accounting and valuation, and work on a wide range of transactions. Summer Analysts receive continued on-the-job training throughout the program and benefit from working alongside experienced professionals on meaningful projects during their internship. Summer Analysts have many opportunities to exchange ideas and network with peers, mentors and senior managers through team-building sessions and other organized events. Role and Responsibilities The roles and responsibilities of Summer Analysts vary but may include: Analyzing detailed corporate and financial information Creating statistical exhibits that analyze comparative financial performance Building models to illustrate projected financial results and value to companies Developing marketing memoranda and delivering sections of research presentation Participating in the execution of financings and M&A transactions Acting as the liaison for the team and other parts of the Firm Qualifications/ Skills/ Requirements You are a university student in your penultimate year of study with outstanding academics. You are a team player with a strong work ethic who thrives with confidence when faced with intellectual challenges. You have strong analytical skills and the ability to grasp complex data, manage multiple projects, provide complicated financial analysis and develop appropriate corporate finance solutions. You have outstanding communication and interpersonal skills, the ability to form effective working relationships through collaboration, strive for excellence and exhibit the highest ethical standards. Fluency in English is required. Eligibility Applicants must be: (1) in their penultimate year of study (graduating in late 2026 or early 2027); and (2) an Australian citizen, New Zealand citizen, or Australian permanent resident at the time of application. Applications close at 23:55pm AEST on Wednesday, 16 July 2025 Please visit morganstanley.com/careers

Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in Mergers & Acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. With professionals in 42 countries, we are consistently recognized for our performance in traditional and innovative financing techniques, helping clients around the world to make decisions about their business strategy and financial structure. Training Program Summer Analysts experience the culture and atmosphere of Morgan Stanley by taking on responsibilities of a Full-Time Analyst for 10-12 weeks, working on a variety of corporate transactions and making meaningful contributions to the delivery of projects. Summer Analysts have the opportunity to be involved in an immersive orientation program and learn about our culture as well as the benefits and responsibilities of being a member of the Firm. In addition, Summer Analysts participate in an intensive division-specific training program focused on developing a strong foundation in the basic skills of financial analysis, accounting and valuation, and work on a wide range of transactions. Summer Analysts receive continued on-the-job training throughout the program and benefit from working alongside experienced professionals on meaningful projects during their internship. Summer Analysts have many opportunities to exchange ideas and network with peers, mentors and senior managers through team-building sessions and other organized events. Role and Responsibilities The roles and responsibilities of Summer Analysts vary but may include: Analyzing detailed corporate and financial information Creating statistical exhibits that analyze comparative financial performance Building models to illustrate projected financial results and value to companies Developing marketing memoranda and delivering sections of research presentation Participating in the execution of financings and M&A transactions Acting as the liaison for the team and other parts of the Firm Qualifications/ Skills/ Requirements You are a university student in your penultimate year of study with outstanding academics. You are a team player with a strong work ethic who thrives with confidence when faced with intellectual challenges. You have strong analytical skills and the ability to grasp complex data, manage multiple projects, provide complicated financial analysis and develop appropriate corporate finance solutions. You have outstanding communication and interpersonal skills, the ability to form effective working relationships through collaboration, strive for excellence and exhibit the highest ethical standards. Fluency in English is required. Eligibility Applicants must be: (1) in their penultimate year of study (graduating in late 2026 or early 2027); and (2) an Australian citizen, New Zealand citizen, or Australian permanent resident at the time of application. Applications close at 23:55pm AEST on Wednesday, 30 July 2025 Please visit morganstanley.com/careers

Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. DEPARTMENT PROFILE The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firms equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect with them potential investors. PLACEMENT AND DURATION The Program length is six months, and you will be working under the supervision of a French qualified lawyer. The Transactional Management Group (TMG) oversees the legal documentation in respect of structured products from Base prospectus to Final Terms (including distribution agreements, liquidity letters, etc). RESPONSIBILITIES Providing transactional support to EMEA TMG in relation to structured products (i.e. notes, certificates or warrants) issued by a Morgan Stanley entity in relation to the following: drafting and/or reviewing documentation such as Termsheet, Final Terms, Pricing Supplements and key information documents; dealing with trade approvals using various systems and applications; and arranging for settlement and listing of transactions. Drafting and/or reviewing legal documentation for bespoke trades. Working closely with Sales, Trading, COO, and Operations on matters relating to the structured products business. This internship is available in our Morgan Stanley Paris office. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have strong legal skills that put you at ease with drafting documentation in French or English You have excellent communication skills, both verbal and written You have excellent attention to detail You are organised, pro-active, able to multi-task and work efficiently to tight deadlines You are a proven team player and can manage a wide range of responsibilities You are committed to excellence in your work and maintain high professional and ethical standards You articulate complex ideas simply and summarise them effectively You have an excellent academic background and fluency in English and French Please only submit a CV and Covering Letter in English only as part of your application.

PLACEMENT AND DURATION The Investment Banking Off-cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Banking Division (IBD) by taking on some of the responsibilities and functions of a Full-time Analyst for a short period. The internship typically lasts three to six months but can vary in length depending on business needs and candidate availability. You will spend your internship assigned to a specific group in a specific region, building basic skills in financial analysis, accounting, and valuation, while working on a wide range of domestic and international transactions. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Gathering and synthesising financial and operating information about companies, industries, and governments. Creating and updating financial models. Gathering market data to analyse trends and help value and price transactions. Drafting presentations and memoranda for a wider audience within the Firm and the financial services industry. Attending team discussions and client meetings, where you may be asked to deliver parts of a presentation. QUALIFICATIONS/SKILLS/REQUIREMENTS You have strong analytical and numerical skills that put You at ease with financial data. You are results-driven, and perform well under pressure and against tight deadlines. You are a proven team player and can manage a wide range of responsibilities. You have an excellent academic background and fluency in English. Ability to communicate effectively in multiple languages is an advantage. You articulate complex ideas simply and summarise them effectively. You are committed to excellence in your work and maintain high professional and ethical standards. APPLICATION DEADLINE We recruit on a rolling basis so application is encouraged as soon as possible. We aim to review all applications within a timely manner, however our response times may vary due to high volumes. Please be assured that you will receive an update via email as soon as a decision on your application has been reached, and kindly note we are unable to accommodate any requests to accelerate the timelines of our application process. Salary is competitive with excellent benefits.

Morgan Stanley Glasgow High School Insight Week We currently have opportunities for S5 and S6 students to take part in a work insight week at our Morgan Stanley Glasgow Office, running from 13th to 17th of October 2025. This opportunity will allow students to take part in a variety of sessions including work shadowing, business overviews, networking sessions and the chance to learn more about what is involved in the recruitment process. To be considered for this Insight Week, students must be on track for or achieved a minimum of 4 Higher Grades at grade B or above, including Maths and English. Interested students must also be 16 years of age by 13th October 2025 to be eligible for this opportunity. Applications will close on Friday 12th September 2025.

For over 89 years, Morgan Stanley has combined old school wisdom with a passion for what's possible. Doing so enables us to provide clients with exceptional service in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions. Together, no challenge is unmet. Strong quantitative talent is the backbone for many businesses at Morgan Stanley. Whether creating customized, complex investment solutions for clients, developing trading strategies using machine learning techniques, or collaborating with AI researchers at our Data Center of Excellence to build state-of-the-art algorithms, the quantitative expertise embodied by our team has separated us from our peers. At Morgan Stanley, we understand that future innovation in the financial markets will be created at the intersection of technology, data and a quantitative approach. Summer Analysts/Associates will play a large role in that vision and we encourage students of all technical disciplines to showcase their toolkit and become part of our industry-leading, global franchise. The internship is an intensive 10-week program that provides Summer Analysts / Associates the opportunity to work alongside Full-Time professionals on impactful, innovative quantitative projects. The multi-faceted programs feature senior teach-in sessions, divisional speaker series, product area training, networking events, and community service. With individual coaching and continuous feedback, the program enables Summer Analysts / Associates to experience and understand what a long-term career with the Firm entails. Internship Programs Realize your full potential at Morgan Stanley through our campus programs. The Summer will kick off with a week-long introductory training program, alongside all Sales & Trading Summer interns, which will provide an institutional contextualization to the work that Summer Analysts / Associates will be doing through market-knowledge training, finance workshops, coding and product training. Following the training week, Summer Analysts / Associates join their assigned Division, and continue to receive more individualized, on-the-job training on their specific desks and begin daily work and projects. Interns will have a direct manager, as well as a mentor, both of whom will act as invaluable resources to the Summer Analysts/Associates throughout their time at Morgan Stanley. Roles and Responsibilities Desk Strategists sit on the trading desk and create models and strategies the desk will use to drive trading decisions, analyze and manage the risk of the positions currently on the books, and create pricing and market models Market Modelers enhance Morgan Stanley's ability to manage risk and generate profits through the development of mathematical finance to create effective valuation and hedging models Core Analytics develops domain-specific languages, algorithms, analytic libraries and tools to specify, value, trade and process financial positions Model Standards and Enforcement works with strats, market modelers, the Market Risk Department and the Firm's Chief Risk Officer to set standards for the models used in valuation Qualifications and Skills You are pursuing an undergraduate Bachelors, Master's or PhD degree with a graduation date between October 2026 and July 2027 Mathematics, Statistics, Physics, Computer Science, Financial Engineering, Financial Mathematics, and Engineering or a related quantitative field Knowledge of coding languages such as Python, Q/KDB+, R, SQL, VBA, C++ or Java is a strong advantage Enjoy solving complex problems that require deep analytical reasoning and quantitative analysis A keen interest in finance and markets Analytical, adaptive, multi-tasker, team player and possess a strong work ethic Strong interpersonal, verbal and written communication skills Fluency in English required Note that candidates with more relevant experience or fields of study may be considered as an Associate Application Process and Deadline Application processes may vary by location but typically follows: CV & Online Assessment On-Demand Video Interview Superday Application deadline 1: Sunday, August 10, 2025 at 23:55 HKT Application deadline 2: Sunday, September 14, 2025 at 23:55 HKT Applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready because interviews and offers can occur prior to the application period closing.

For over 89 years, Morgan Stanley has combined old school wisdom with a passion for what's possible. Doing so enables us to provide clients with exceptional service in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions. Together, no challenge is unmet. Morgan Stanleys Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Division services a global Institutional client base, providing clients with innovative product solutions that help to generate alpha within their portfolios. Cash Equities: Morgan Stanley is a global leader in executing transactions in cash equity and equity-related products for institutional clients around the world. These products include common stocks, global depository receipts and exchange-traded funds Equity Derivatives: Across global equity derivatives markets, Morgan Stanley is a leading provider of execution services and solutions. Our product suite encompasses equity options, equity swaps, warrants, structured notes and futures on individual securities, indices and baskets of securities Prime Brokerage: For more than 30 years, Morgan Stanley has set the standard for excellence in the Prime Brokerage space. Our strong client relationships, market-leading technology and seasoned product experts have positioned us as an industry leader in financing, market access and portfolio management Sales: Teams work closely with Chief Investment Officers, Portfolio Managers, and Traders to deliver meaningful market insight and expertise, facilitating introductions to product experts throughout the Division and Firm to help clients successfully achieve their investment objectives Sales and Trading: Responsible for helping Institutional clients identify and implement cost-efficient, suitable trading solutions, providing pricing and liquidity, and managing firm risk Internship Programs Realize your full potential at Morgan Stanley through our campus programs. The Institutional Equity Divisions Internship Programs begin with a one-day orientation where Industrial Placement & Summer Analysts are introduced to the Firm and primary businesses within, as well as to one another at our opening firmwide networking event. For the remainder of training, interns will attend divisional-specific training to develop the core skills required for a successful program. All Industrial Placement & Summer Analysts will receive on-the-job training and be exposed to a wide variety of roles, products and services throughout IED, working alongside experienced professionals in a fast-paced, client-facing, and market-driven environment. Industrial Placement & Summer Analysts will have the opportunity to broaden and strengthen their respective skillsets, collaborating with individuals across IED on meaningful projects and initiatives. Two rotations will be offered in Institutional Equity Division during the internship programs. In addition, the Programs feature a Senior Management Speaker Series, desk teach-ins, cross-divisional networking events, community service events, performance reviews, and a robust mentorship program. Roles and Responsibilities Sales: Work alongside experienced employees to learn how we build our client base and establish and maintain long-term client relationships. Assist with developing and presenting investment ideas and the fundamentals of selling and cross-selling the Firms products Trading: Develop and execute trading ideas and analysis, and support all aspects of the market-making trade execution process, from research analytics on trades to relative value analysis Structuring: Use innovative and solutions-based approach to designing both investment and risk management products across all asset classes Research / Strategy: Analyze market fundamentals and liaise with researchers to develop investment recommendations for internal and external clients Analytics: Provide quantitative and qualitative analytics around client revenue and profitability; work to efficiently manage commission dollars by creating increased transparency around the services that clients value Qualifications and Skills You are pursuing an undergraduate Bachelors or Master's degree with a graduation date between October 2026 and July 2027 A keen interest in finance and markets Analytical, adaptive, multi-tasker, team player and possess a strong work ethic Strong interpersonal, verbal and written communication skills Fluency in English required, and Asian language skills preferred Internship Period Industrial Placement Program: 6 months between January to July 2026 Summer Analyst Program: 10 weeks between June to August 2026 Application Process and Deadline Application process may vary by location but typically follows: CV Assessment On-Demand Video Interview Zoom Interview Superday Application deadline 1: Sunday, August 10, 2025 at 23:55 HKT / SGT Application deadline 2: Sunday, September 14, 2025 at 23:55 HKT / SGT Applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready because interviews and offers can occur prior to the application period closing. Remarks: Please apply to this program if you are interested in our Sales, Trading, Prime Brokerage or Sales-Trading roles with Equities. If you are interested in our quantitative or structuring / content roles within Equities, you should apply for the 2026 Institutional Equity Division Quantitative Finance Summer Analyst / Associate Program (Hong Kong).

For over 89 years, Morgan Stanley has combined old school wisdom with a passion for what's possible. Doing so enables us to provide clients with exceptional service in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions. Together, no challenge is unmet. The Fixed Income Divisions Industrial Placement / Summer Analyst Program aimed at undergraduates who are either required by their degree or are able to complete a 6-month or 10-week internship. Industrial Placement & Summer Analysts will receive on-the-job training, benefit from working alongside experienced professionals on meaningful projects, and build their skillsets in a dynamic and evolving environment. In addition, the programs feature a Senior Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program. Internship Programs Realize your full potential at Morgan Stanley through our campus programs. Industrial Placement & Summer Analysts begin with a one-day orientation where they are introduced to the Firms businesses and learn what its like to be an employee at Morgan Stanley. Industrial Placement & Summer Analysts will then attend 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. Roles and Responsibilities Sales: Understand how a client base is developed and maintained; create investment ideas; learn how we sell and cross-sell the Firms products; represent the Firm when interfacing with clients on important business issues Trading: Assist in generating trade ideas and analysis; support all aspects of the market-making and trade execution process, from providing research analytics on trades to relative value analysis Structuring: Learn how to build valuation models to help issuers and investors optimize a transactions economics, and quantify sources of value and risk Qualifications and Skills You are pursuing an undergraduate Bachelors or Master's degree with a graduation date between October 2026 and July 2027 A keen interest in finance and markets Analytical, adaptive, multi-tasker, team player and possess a strong work ethic Strong interpersonal, verbal and written communication skills Fluency in English required, and Asian language skills preferred Internship Period Industrial Placement Program: 6 months between January to July 2026 Summer Analyst Program: 10 weeks between June to August 2026 Application Process and Deadline Application process may vary by location but typically follows: CV Assessment On-Demand Video Interview Zoom Interview Superday Application deadline 1: Sunday, August 10, 2025 at 23:55 HKT Application deadline 2: Sunday, September 14, 2025 at 23:55 HKT Applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready because interviews and offers can occur prior to the application period closing.

For over 89 years, Morgan Stanley has combined old school wisdom with a passion for what's possible. Doing so enables us to provide clients with exceptional service in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions. Together, no challenge is unmet. Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in Mergers & Acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. With professionals in 30 countries, we are consistently recognized for our performance in traditional and innovative financing techniques, helping clients around the world to make decisions about their business strategy and financial structure. Internship Programs Realize your full potential at Morgan Stanley through our campus programs. Our Industrial Placement & Summer Analysts have the opportunity to be involved in an immersive orientation program and learn about our culture as well as the benefits and responsibilities of being a member of the Firm. You will participate in an intensive division-specific training program focused on developing a strong foundation in the basic skills of financial analysis, accounting and valuation, and work on a wide range of transactions. In addition, Industrial Placement & Summer Analysts have many opportunities to exchange ideas and network with peers, mentors and senior managers through team-building sessions and benefit from working alongside experienced professionals on meaningful projects during their internship. Our internship programs are designed to provide a realistic view of Investment Banking by having the interns assume the functions of Full-Time Analysts. Roles and Responsibilities The roles and responsibilities of Industrial Placement & Summer Analysts vary but may include: Analyzing detailed corporate and financial information Creating statistical exhibits that analyze comparative financial performance Building models to illustrate projected financial results and value to companies Developing marketing memoranda and delivering sections of research presentation Participating in the execution of financings and M&A transactions Acting as the liaison for the team and other parts of the Firm Qualifications and Skills You are pursuing an undergraduate Bachelors or Master's degree with a graduation date between October 2026 and July 2027 Knowledge of and a keen interest in finance Analytical, adaptive, multi-tasker, team player; possess a strong work ethic and leadership skills Extraordinarily high level of motivation and attention to detail Commercial instinct and ability to perform under pressure and tight deadlines Strong written and verbal communication skills Fluency in English is required Business fluency in Mandarin or Korean is an advantage for the program in Hong Kong Business fluency in Bahasa Indonesia or Tagalog is an advantage for the program in Singapore Business fluency in Korean is required for the program in Seoul Internship Period Industrial Placement Program: 6 months between January to July 2026 Summer Analyst Program: 10 weeks between June to August 2026 Application Process and Deadline Application process may vary by location but typically follows: CV + Online Assessment On-Demand Video Interview Zoom Interview Superday Application deadline 1: Sunday, August 10, 2025 at 23:55 HKT / 23:55 SGT / 22:55 KST Application deadline 2: Sunday, September 14, 2025 at 23:55 HKT / 23:55 SGT / 22:55 KST Applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready because interviews and offers can occur prior to the application period closing.