2025 Equity Research Summer Analyst Program (New York)

During this 10-week program, Summer Analysts are placed directly into one of the following sector teams: Consumer, Energy, Utilities, Financials, Healthcare, Industrials, Materials, Media, Telecommunication or Technology. The placements are made based on the needs of the department and the skill set of the candidate.

The Summer Analyst Program begins with a training and development curriculum that covers the fundamental and professional skills you need for success in Equity Research. After a brief training period, Summer Analysts will be assigned to a specific industry group, building a foundation in the basic skills of fundamental analysis, accounting and valuation. There will be networking opportunities and ongoing training throughout the program.

Role and Responsibilities

• Gather and analyze industry data to develop an industry-specific vision.
• Update and build financial models on the companies and industry you follow.
• Analyze emerging trends in an industry or macro economy.
• Assess relative stock valuations and review findings with your team.
• Build relationships within Sales & Trading and Research.

Qualifications and Skills

• You are pursuing an undergraduate Bachelor’s degree with a graduation date of December 2024 or Spring 2025.
• Minimum 3.0 GPA.
• You have basic knowledge of and a keen interest in finance.
• You are analytical, adaptive, possess an excellent work ethic, are a leader yet team player, as well as a multi-tasker.
• You possess proficient oral and written communication skills.

Expected base pay rates for the role will be $110,000 per year 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. Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
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).