Morgan Stanley
Investment Banking

Full Time Associate Earlybird

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Placement and duration

As a London-based generalist Associate in Investment Banking, you will be exposed to a range of investment banking activities as you work with experienced financial and strategic decision makers on several teams across a variety of products, industries and clients, making a significant contribution at every stage of a deal. During the Associate Program, your projects could involve mergers, IPOs or financing new ventures. You may be in charge of a competitive auction process to divest a business, identify potential strategic acquisition targets, negotiate with companies over the financing of a new project, organise a road show for potential investors in a major new equity offering, or advise their team on how to tackle a complex piece of analysis. After your first year, you will begin to specialise in an industry, product or geographic region.

Training program

The Investment Banking Division (IBD) Associate Program begins with three weeks of intensive training in London. You will build your technical knowledge on various topics including valuation interpretation and application, financial statement analysis, capital structure, financing solutions, M&A processes and analysis, before joining the wider Associate class for an experiential professional skills course. Financial Conduct Authority (FCA) regulatory examinations are mandatory during your initial training, and full support and guidance will be provided. The Program also includes multiple social events that will assist in building your professional network. Additionally, the Firm offers a number of optional training courses throughout the year.

Get to Know Our Recent Recruits


  • Managing and assisting in the execution of corporate finance transactions.
  • Performing financial analysis, strategic business analysis and detailed industry research.
  • Preparing and delivering client presentations in a clear and compelling manner.
  • Acting as a mentor and role model to Analysts.

*Salary is competitive with excellent benefits

Qualifications/ Skills/ Requirements

  • You have a strong academic background including studying for, or have achieved, an MBA or equivalent with a relevant level of professional experience.
  • You are fluent in English; ability to communicate effectively in multiple languages is helpful.
  • You are a results-driven team player who performs well under pressure and against tight deadlines.
  • You articulate complex ideas and summarise effectively.
  • You are committed to excellence and maintain high professional and ethical standards.


Morgan Stanley London

In 1977, Morgan Stanley opened its European headquarters in London, where it now has over 5,000 staff. Morgan Stanley is one of the preeminent financial services firms in the UK, with longstanding client relationships and a leading role in many landmark transactions. Our professionals value individual intellect as much as teamwork. We offer nimble, innovative services and products tailored to our clients’ needs.

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Application Process & Deadlines

The deadline to submit an earlybird application is Friday 31st July 2020. Please note we may also have some additional off-cycle positions available throughout the year, depending on business needs.

Candidates must apply online at and are encouraged to apply early as we recruit on an ongoing basis. Applicants will be required to complete online tests within 48 hours of submitting an application.

Learn more about Our Recruitment Process