2025 Investment Banking Sophomore Summer Analyst Program (United States)

Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in mergers & acquisitions (M&A), underwriting of equity and debt transactions.

With professionals in over 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.

This program is open to applicants of any race, gender or other protected characteristic. Program Focus : Morgan Stanley prides itself on fostering an environment that promotes diverse talents and perspectives.

One way we demonstrate our commitment to diversity is through the Sophomore Summer Program. This program has a strong emphasis on attracting populations who have experienced barriers to entry in the finance industry, including : Women, Hispanic, Black, veteran, disabled, LGBTQ+, first-generation college students and those from economically disadvantaged backgrounds.

Summer Analyst Training Program Summer Analysts experience the culture and atmosphere of Morgan Stanley by taking on responsibilities of a Full Time Analyst, working on a variety of corporate transactions, and making meaningful contributions to the delivery of projects.

Summer Analysts will 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.

Upon conclusion of training, Summer Analysts will have an opportunity to work on a wide range of transactions in their assigned group.

Summer Analysts receive continued on-the-job training throughout the program and benefit from working alongside experienced professionals 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.

Responsibilities The roles and responsibilities of a Summer Analyst 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 Pursuing an undergraduate degree with a graduation date between December 2026 and June 2027 Possess basic knowledge of and a keen interest in finance Analytical, adaptive, multi-tasker and team player Strong work ethic and leadership skills Strong oral and written communication skills Investment Banking applications are reviewed on a rolling basis.

We encourage you to apply as soon as you are ready. Our Opportunities Office Locations : New York, Houston, Menlo Park and San Francisco Industry Coverage Groups : Consumer Retail, Financial Institutions, Power & Utilities, Healthcare, Industrials, Latin America, Media & Communications, Oil & Gas, Real Estate, Transportation and Technology Product Groups : Mergers & Acquisitions, Financial Sponsors Expected base pay rates for the role will be 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.

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).