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STUDENTS & GRADUATES
2025 Investment Banking MBA Early Insights Program
Institutional Securities Group
New York, United States of America
Job # 19657
Application Deadline: Jul 06, 2025
Program Type: Diversity Event/Program
Program Description
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.
STUDENTS & GRADUATES
2025/2026 Investment Banking Summer Analyst Program (Melbourne)
Institutional Securities Group
Melbourne, Australia
Job # 18837
Application Deadline: Jul 16, 2025
Program Type: Internship
Program Description
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
STUDENTS & GRADUATES
2025 Finance Off Cycle Internship - Part Time (Frankfurt)
Company
Frankfurt, Germany
Job # 18698
Application Deadline: Jul 28, 2025
Program Type: Internship
Program Description
Placement and duration The Finance Division reports to Morgan Stanleys Chief Financial Officer. It is the guardian of the firms books and records and serves as an advisor to Morgan Stanleys various businesses and senior management team. In addition, the Division is a major contributor to reducing and managing risk across the firm. As the firms financial watchdog, Finance crunches the numbers. But it does more than just keep an eye on the books. Team members meet regularly and build relationships with the firms industry and government regulators, provide information to the outside business community, and give the firms management and divisions the planning assistance and reliable financial information they can use to advance the firms goals. This is a part-time internship (up to 20 hours per week), starting in April 2025 for an period of 6 - 12 months. Training programme You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. Role and Responsibilities As a Finance Analyst, your responsibilities may include: Calculating the daily profit and loss (P&L) tallies of traders Writing market commentaries for management reports Conducting re-engineering projects to review and enhance processes Using analytical tools to determine current and potential exposure to risk Preparing monthly financial and management reports Qualifications and Skills You are currently studying a Bachelor's degree at a university based in Frankfurt, Germany and are on track to complete with at least a Gut (2.0) You have a desire to work in Finance, particularly within the financial services industry You can fluently communicate in English and German languages, both verbally and in writing You enjoy quantitative tasks and analysis with close attention to detail You have the ability to use Microsoft PowerPoint, Excel and Word You like working within team projects and are client service orientated
STUDENTS & GRADUATES
2025/2026 Investment Management Summer Analyst Program - Real Estate Investing (Sydney)
Investment Management
Sydney, Australia
Job # 18835
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Department Profile Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, managing and advising over US750 billion in assets. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Morgan Stanley Real Estate Investing (MSREI) is the global private real estate investment management arm of Morgan Stanley. One of the most active property investors in the world for over two decades, MSREI employs a patient, disciplined approach through global opportunistic and regional core real estate investment strategies, and currently manages approximately US43 billion of assets under management on behalf of its clients. With offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI is hiring a Summer Intern who will be based in the Sydney office with coverage over Australia and New Zealand real estate investments. Responsibilities / Job Description The Intern role is a generalist position that provides broad exposure to a variety of real estate sectors across different structures (asset and share deals, as well as operating platforms) and across the life-cycle of investments. Participating in transactions from the buy-side perspective on behalf of proprietary real estate investment funds, including global opportunistic funds and regional core investment strategies Conducting market research to analyse trends and assist with formation of investment strategy Creating financial models and investment committee materials to evaluate new opportunities Supporting the execution of business plans for existing investments and recommending asset management initiatives to maximise value Qualifications / Skills / Requirements You are a university student in your penultimate year of study with outstanding academics Interest in financial services industry and real estate investing Strong aptitude for numbers and ability to analyse and interpret complex information quickly and accurately Ability to communicate ideas clearly and succinctly Results-driven and able to perform well under pressure and against tight deadlines Proven team player with a strong work ethic and the ability to manage a wide range of responsibilities 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
STUDENTS & GRADUATES
2025/2026 Investment Banking Summer Analyst Program (Sydney)
Institutional Securities Group
Sydney, Australia
Job # 18838
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
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
STUDENTS & GRADUATES
2025/2026 Wealth Management Summer Analyst Program (Sydney)
Sydney, Australia
Job # 18836
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Responsibilities The work is challenging, and Summer Analysts are encouraged to roll up their sleeves and dig into researching and analyzing investment solutions. Assignments typically include: Develop an understanding of the full Morgan Stanley product range and the investment management process Assist Financial Advisors to analyze client portfolios Analyze investment opportunities based on client profiles and wealth management strategy requirements Assist in preparing marketing presentations 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 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
STUDENTS & GRADUATES
2025 Firm Management Part-Time Off Cycle Internship (Frankfurt)
Company
Frankfurt, Germany
Job # 19636
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Placement and Duration This Internship is an opportunity to experience the culture and atmosphere in the Firm Management Division by taking on some of the responsibilities and functions of a Part Time Analyst for a short period. The internship typically lasts six to twelve months but can vary in length depending on business needs and candidate availability. This is a part-time internship (up to 20hr a week). The cornerstone of Morgan Stanley's firm management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. Training program You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. This role crosses over multiple areas of firm management giving you exposure to different teams. Responsibilities Supporting the preparation of CEO and COO reports for the MSEHSE Group supervisory boards and quarterly country reporting/ strategy reviews Supporting the MSEHSE Group strategy process and planning including quarterly KPI review Supporting the execution of strategic projects across the Firms businesses Partnering with Team members to help drive forward initiatives Supporting coordination and workflow of tasks and deliverables between FM team and the Firms businesses Special projects Requirements You have experience in/affinity to work with EU regulations You have a solid academic background (at least 5 semesters of business administration, economics or equivalent or bachelors degree with commercial law focus) and fluency in English. Knowledge of German is beneficial but not essential You have good communication skills, both verbal and written You are a strong team player; have an ability to collaborate with colleagues within the Outsourcing Control department and across the broader organization You are a self-starter with the ability to work independently You are driven, highly motivated and results-focused You have strong organizational skills with the ability to manage time efficiently and effectively You are detail oriented and have the ability to work efficiently and precise even within tight time constraints
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Emerging Markets (London)
Investment Management
London, United Kingdom
Job # 17636
Application Deadline: Jul 31, 2025
Program Type: Internship
Program Description
PLACEMENT & DURATION Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about 1.5 trillion in assets under management or supervision. With 1,419 investment professionals worldwide, and 55 offices in 24 countries, Morgan Stanley Investment Management is able to provide in-depth local knowledge and expertise while channelling the strength of our global presence and resources. To support the delivery of tailored, value-added investment solutions to clients our investment teams are organized by capability: Solutions & Multi-Asset, Real Assets, Active Fundamental Equity, Private Credit & Equity, Global Fixed Income, and Global Liquidity. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide The Emerging Markets Debt team manages approximately 20 billion across a range of investment strategies. The team analyses the macroeconomic and political environments of more than one hundred countries and translates these fundamental views into investment ideas. Our research process leverages traditional news and crowd-sourced media, economic data releases, relationships with economists and political analysts, and on the ground travel to meet with policy makers and in-country experts. We exploit both long and short investment opportunities and use a variety of sovereign bonds, currencies, equities, and other cash and derivative instruments in order to execute our strategies. Our team is made up of highly motivated professionals with diverse backgrounds who complement our global perspective. The internship will commence in July 2025 and lasts twelve months. This internship offers you the opportunity to learn about a variety of areas, while providing a clear understanding of how Investment Management operates as a whole. Interns are treated as full-time members of the team and work alongside experienced professionals at all levels. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Gather, maintain, evaluate, and distribute macroeconomic data from disparate sources for use in the investment research process. Prepare daily news summaries for Portfolio Managers by monitoring various news sources for specific countries and regions Partake in research and due diligence conference calls and meetings. Interpret data, create visualizations, and communicate valuable information to the team. Assist the Director of Country Research and his team by completing ad hoc tasks and in-depth research projects QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for twelve months if you are currently in study Excellent record of academic achievement, with transcript as a proof You are fluent in English, with excellent verbal and written communication skills. An ability to communicate effectively in multiple languages would be an advantage You are adaptive, a leader yet team player, as well as a multi-tasker. You can present your conclusions in a clear and well-structured manner You have good presentation skills You have a keen interest in emerging markets, politics and economic policy You have strong analytical and numerical skills. You have knowledge and operating self-sufficiency in programming language(s) such as Python or R You have strong MS Office skills You are attentive to detail, well organized, and deadline oriented You have a positive attitude, strong work ethic and collaborative
STUDENTS & GRADUATES
2025 Institutional Equities - Transactional Management Group Off Cycle Internship
Institutional Securities Group
Paris, France
Job # 19230
Application Deadline: Jul 31, 2025
Program Type: Internship
Program Description
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.
STUDENTS & GRADUATES
2026 Operations Summer Analyst Program (New York)
Operations
New York, United States of America
Job # 19000
Application Deadline: Aug 11, 2025
Program Type: Internship
Program Description
2026 OPERATIONS SUMMER ANALYST PROGRAM (New York) The Operations Division at Morgan Stanley is the front line of defense for the Firm's financial and operational well-being and works closely with Sales & Trading, Finance, Legal, and Technology to safeguard the Firm's reputation and franchise. Operations executes the Firm's institutional, retail, and asset management businesses by supporting and settling daily transactions, devising and implementing effective controls, developing strong client relationships, and engaging with its business partners to enable development of new structures, businesses, and markets. Summer Analysts will join us for a 10-week long Program beginning in June. The Program provides broad exposure to various functions across Operations and the financial services industry, including a Firmwide orientation and on the job training. There will also be opportunities to engage with members of the Operations senior management team. Training Program: A scheduled summer of various trainings, a speaker series, networking, and educational events intended to fully immersed Summer Analysts in Operations and the Firms culture. Role and Responsibilities: Collaborate across various Operations teams to evaluate and reengineer processes to drive greater operational efficiency Obtain a broad understanding of Operations and its departmental interdependencies Present to senior management Partner with different business units to deliver exceptional service to our clients in the areas of trade capture, clearance and settlement, account opening, cash management, billing, tax reporting, and fraud monitoring Partner with Technology to design, manage, and implement business process changes to streamline processes, improve productivity, and optimize operational efficiency Effectively identify and mitigate operational risk while ensuring continued compliance with global regulatory requirements Establish and maintain effective client relationships in order to deliver world class operational services Qualifications and Skills: Minimum cumulative GPA of 3.0 Pursuing a Bachelors degree and graduating between December 2026 and June 2027 Excellent leadership, analytical and communication skills Team player who can work in a collaborative environment Attention to detail, exercise sound judgment and can handle sensitive information with discretion Strong time management and multitasking skills and can handle multiple responsibilities and projects with competing priorities and deadline Problem solving skills and the ability to streamline processes in a fast-paced and dynamic environment Positive, can-do attitude and willingness to get the job done Proactive, motivated, and possess poise and self-confidence All majors (disciplines) are encouraged to apply To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status. Application Process and Deadline: August 11th, 2025 Applications will be reviewed on a rolling basis. Expected base pay rates for the role will be 31.25 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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STUDENTS & GRADUATES
2025 Investment Banking MBA Early Insights Program
Institutional Securities Group
New York, United States of America
Job # 19657
Application Deadline: Jul 06, 2025
Program Type: Diversity Event/Program
Program Description
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.
STUDENTS & GRADUATES
2025/2026 Investment Banking Summer Analyst Program (Melbourne)
Institutional Securities Group
Melbourne, Australia
Job # 18837
Application Deadline: Jul 16, 2025
Program Type: Internship
Program Description
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
STUDENTS & GRADUATES
2025 Finance Off Cycle Internship - Part Time (Frankfurt)
Company
Frankfurt, Germany
Job # 18698
Application Deadline: Jul 28, 2025
Program Type: Internship
Program Description
Placement and duration The Finance Division reports to Morgan Stanleys Chief Financial Officer. It is the guardian of the firms books and records and serves as an advisor to Morgan Stanleys various businesses and senior management team. In addition, the Division is a major contributor to reducing and managing risk across the firm. As the firms financial watchdog, Finance crunches the numbers. But it does more than just keep an eye on the books. Team members meet regularly and build relationships with the firms industry and government regulators, provide information to the outside business community, and give the firms management and divisions the planning assistance and reliable financial information they can use to advance the firms goals. This is a part-time internship (up to 20 hours per week), starting in April 2025 for an period of 6 - 12 months. Training programme You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. Role and Responsibilities As a Finance Analyst, your responsibilities may include: Calculating the daily profit and loss (P&L) tallies of traders Writing market commentaries for management reports Conducting re-engineering projects to review and enhance processes Using analytical tools to determine current and potential exposure to risk Preparing monthly financial and management reports Qualifications and Skills You are currently studying a Bachelor's degree at a university based in Frankfurt, Germany and are on track to complete with at least a Gut (2.0) You have a desire to work in Finance, particularly within the financial services industry You can fluently communicate in English and German languages, both verbally and in writing You enjoy quantitative tasks and analysis with close attention to detail You have the ability to use Microsoft PowerPoint, Excel and Word You like working within team projects and are client service orientated
STUDENTS & GRADUATES
2025/2026 Investment Management Summer Analyst Program - Real Estate Investing (Sydney)
Investment Management
Sydney, Australia
Job # 18835
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Department Profile Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, managing and advising over US750 billion in assets. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Morgan Stanley Real Estate Investing (MSREI) is the global private real estate investment management arm of Morgan Stanley. One of the most active property investors in the world for over two decades, MSREI employs a patient, disciplined approach through global opportunistic and regional core real estate investment strategies, and currently manages approximately US43 billion of assets under management on behalf of its clients. With offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI is hiring a Summer Intern who will be based in the Sydney office with coverage over Australia and New Zealand real estate investments. Responsibilities / Job Description The Intern role is a generalist position that provides broad exposure to a variety of real estate sectors across different structures (asset and share deals, as well as operating platforms) and across the life-cycle of investments. Participating in transactions from the buy-side perspective on behalf of proprietary real estate investment funds, including global opportunistic funds and regional core investment strategies Conducting market research to analyse trends and assist with formation of investment strategy Creating financial models and investment committee materials to evaluate new opportunities Supporting the execution of business plans for existing investments and recommending asset management initiatives to maximise value Qualifications / Skills / Requirements You are a university student in your penultimate year of study with outstanding academics Interest in financial services industry and real estate investing Strong aptitude for numbers and ability to analyse and interpret complex information quickly and accurately Ability to communicate ideas clearly and succinctly Results-driven and able to perform well under pressure and against tight deadlines Proven team player with a strong work ethic and the ability to manage a wide range of responsibilities 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
STUDENTS & GRADUATES
2025/2026 Investment Banking Summer Analyst Program (Sydney)
Institutional Securities Group
Sydney, Australia
Job # 18838
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
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
STUDENTS & GRADUATES
2025/2026 Wealth Management Summer Analyst Program (Sydney)
Sydney, Australia
Job # 18836
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Responsibilities The work is challenging, and Summer Analysts are encouraged to roll up their sleeves and dig into researching and analyzing investment solutions. Assignments typically include: Develop an understanding of the full Morgan Stanley product range and the investment management process Assist Financial Advisors to analyze client portfolios Analyze investment opportunities based on client profiles and wealth management strategy requirements Assist in preparing marketing presentations 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 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
STUDENTS & GRADUATES
2025 Firm Management Part-Time Off Cycle Internship (Frankfurt)
Company
Frankfurt, Germany
Job # 19636
Application Deadline: Jul 30, 2025
Program Type: Internship
Program Description
Placement and Duration This Internship is an opportunity to experience the culture and atmosphere in the Firm Management Division by taking on some of the responsibilities and functions of a Part Time Analyst for a short period. The internship typically lasts six to twelve months but can vary in length depending on business needs and candidate availability. This is a part-time internship (up to 20hr a week). The cornerstone of Morgan Stanley's firm management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. Training program You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. This role crosses over multiple areas of firm management giving you exposure to different teams. Responsibilities Supporting the preparation of CEO and COO reports for the MSEHSE Group supervisory boards and quarterly country reporting/ strategy reviews Supporting the MSEHSE Group strategy process and planning including quarterly KPI review Supporting the execution of strategic projects across the Firms businesses Partnering with Team members to help drive forward initiatives Supporting coordination and workflow of tasks and deliverables between FM team and the Firms businesses Special projects Requirements You have experience in/affinity to work with EU regulations You have a solid academic background (at least 5 semesters of business administration, economics or equivalent or bachelors degree with commercial law focus) and fluency in English. Knowledge of German is beneficial but not essential You have good communication skills, both verbal and written You are a strong team player; have an ability to collaborate with colleagues within the Outsourcing Control department and across the broader organization You are a self-starter with the ability to work independently You are driven, highly motivated and results-focused You have strong organizational skills with the ability to manage time efficiently and effectively You are detail oriented and have the ability to work efficiently and precise even within tight time constraints
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Emerging Markets (London)
Investment Management
London, United Kingdom
Job # 17636
Application Deadline: Jul 31, 2025
Program Type: Internship
Program Description
PLACEMENT & DURATION Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about 1.5 trillion in assets under management or supervision. With 1,419 investment professionals worldwide, and 55 offices in 24 countries, Morgan Stanley Investment Management is able to provide in-depth local knowledge and expertise while channelling the strength of our global presence and resources. To support the delivery of tailored, value-added investment solutions to clients our investment teams are organized by capability: Solutions & Multi-Asset, Real Assets, Active Fundamental Equity, Private Credit & Equity, Global Fixed Income, and Global Liquidity. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide The Emerging Markets Debt team manages approximately 20 billion across a range of investment strategies. The team analyses the macroeconomic and political environments of more than one hundred countries and translates these fundamental views into investment ideas. Our research process leverages traditional news and crowd-sourced media, economic data releases, relationships with economists and political analysts, and on the ground travel to meet with policy makers and in-country experts. We exploit both long and short investment opportunities and use a variety of sovereign bonds, currencies, equities, and other cash and derivative instruments in order to execute our strategies. Our team is made up of highly motivated professionals with diverse backgrounds who complement our global perspective. The internship will commence in July 2025 and lasts twelve months. This internship offers you the opportunity to learn about a variety of areas, while providing a clear understanding of how Investment Management operates as a whole. Interns are treated as full-time members of the team and work alongside experienced professionals at all levels. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Gather, maintain, evaluate, and distribute macroeconomic data from disparate sources for use in the investment research process. Prepare daily news summaries for Portfolio Managers by monitoring various news sources for specific countries and regions Partake in research and due diligence conference calls and meetings. Interpret data, create visualizations, and communicate valuable information to the team. Assist the Director of Country Research and his team by completing ad hoc tasks and in-depth research projects QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for twelve months if you are currently in study Excellent record of academic achievement, with transcript as a proof You are fluent in English, with excellent verbal and written communication skills. An ability to communicate effectively in multiple languages would be an advantage You are adaptive, a leader yet team player, as well as a multi-tasker. You can present your conclusions in a clear and well-structured manner You have good presentation skills You have a keen interest in emerging markets, politics and economic policy You have strong analytical and numerical skills. You have knowledge and operating self-sufficiency in programming language(s) such as Python or R You have strong MS Office skills You are attentive to detail, well organized, and deadline oriented You have a positive attitude, strong work ethic and collaborative
STUDENTS & GRADUATES
2025 Institutional Equities - Transactional Management Group Off Cycle Internship
Institutional Securities Group
Paris, France
Job # 19230
Application Deadline: Jul 31, 2025
Program Type: Internship
Program Description
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.
STUDENTS & GRADUATES
2026 Operations Summer Analyst Program (New York)
Operations
New York, United States of America
Job # 19000
Application Deadline: Aug 11, 2025
Program Type: Internship
Program Description
2026 OPERATIONS SUMMER ANALYST PROGRAM (New York) The Operations Division at Morgan Stanley is the front line of defense for the Firm's financial and operational well-being and works closely with Sales & Trading, Finance, Legal, and Technology to safeguard the Firm's reputation and franchise. Operations executes the Firm's institutional, retail, and asset management businesses by supporting and settling daily transactions, devising and implementing effective controls, developing strong client relationships, and engaging with its business partners to enable development of new structures, businesses, and markets. Summer Analysts will join us for a 10-week long Program beginning in June. The Program provides broad exposure to various functions across Operations and the financial services industry, including a Firmwide orientation and on the job training. There will also be opportunities to engage with members of the Operations senior management team. Training Program: A scheduled summer of various trainings, a speaker series, networking, and educational events intended to fully immersed Summer Analysts in Operations and the Firms culture. Role and Responsibilities: Collaborate across various Operations teams to evaluate and reengineer processes to drive greater operational efficiency Obtain a broad understanding of Operations and its departmental interdependencies Present to senior management Partner with different business units to deliver exceptional service to our clients in the areas of trade capture, clearance and settlement, account opening, cash management, billing, tax reporting, and fraud monitoring Partner with Technology to design, manage, and implement business process changes to streamline processes, improve productivity, and optimize operational efficiency Effectively identify and mitigate operational risk while ensuring continued compliance with global regulatory requirements Establish and maintain effective client relationships in order to deliver world class operational services Qualifications and Skills: Minimum cumulative GPA of 3.0 Pursuing a Bachelors degree and graduating between December 2026 and June 2027 Excellent leadership, analytical and communication skills Team player who can work in a collaborative environment Attention to detail, exercise sound judgment and can handle sensitive information with discretion Strong time management and multitasking skills and can handle multiple responsibilities and projects with competing priorities and deadline Problem solving skills and the ability to streamline processes in a fast-paced and dynamic environment Positive, can-do attitude and willingness to get the job done Proactive, motivated, and possess poise and self-confidence All majors (disciplines) are encouraged to apply To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status. Application Process and Deadline: August 11th, 2025 Applications will be reviewed on a rolling basis. Expected base pay rates for the role will be 31.25 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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