Morgan Stanley Internship

How to Secure Morgan Stanley Internship

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Do you know why Morgan Stanley Internship stands out among other internships in the financial and marketing industry? Because of its unique approach to stimulating and hatching talents.

Interns from Morgan Stanley are usually ahead of their career competitors. Thanks to Morgan Stanley Internship, they are always known to land their first entry role easily. So the question is: how difficult is it to secure an internship at this firm? Securing the internship is easy if you make an indelible impression through your internship application.

How to make your application stand out? This article contains everything you need, from eligibility requirements to application procedures. Read on to also uncover some interesting facts about Morgan Stanley.

About Morgan Stanley

Morgan Stanley is a financial services firm that sets the pace in investment banking, securities, investment management, and wealth management services worldwide. This company focused on shaping the future of business on a global scale and its contribution to the local community.

Morgan Stanley comprises extra-talented teams working across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Operations, and Data Analytics. This American multinational investment management and financial services company have its headquarters in New York City, USA.

With offices in 41 countries and over 75,000 employees, the firm advises and originates trades for institutions, governments, and individuals through its affiliates and subsidiaries. It also manages and distributes capital operations along three business segments: Institutional Securities, Wealth Management, and Investment Management.

Overview of Morgan Stanley Internship

Morgan Stanley Internship is a 10-week work experience program for outstanding and excellent undergraduate and postgraduate students. Morgan Stanley provides about 20 internship positions for these students: 14 internships for undergraduates and 6 for students pursuing an MBA, MFE, or Ph.D.

During this 10-week internship program, interns join specific teams and position themselves to make a positive impact. Accordingly, Morgan Stanley Internship programs are available in Investment Banking, Fixed Income, Institutional Equities, Public Finance, Research, Investment Management, Wealth Management, Risk, Internal Audit, Finance, Human Resources, Technology, and Operations.

Despite the variety of positions and differences in tasks, all interns will contribute to living transactions, create their work product and serve as fully functioning team members. Additionally, they will engage in 4-5-week project assignments, which they will present to Division Management at the end of the summer experience. All internship programs include exposure to senior management, in-classroom, and on-the-job training, lunch-and-learn sessions, community service, and many networking opportunities across the firm.

Benefits of the Morgan Stanley Internship

The benefits of the Morgan Stanley Internship include but are not limited to the following;

  • During this internship, interns will have the opportunity to get insight into how top financial Firms utilize Risk Management to push profit. In addition, they will work with the Credit Risk Management (CRM) team for a certain period to drive changes and solutions in the company.
  • Also, they will enjoy flexible work arrangements at Morgan Stanley as the company prioritizes conducive and comfortable work environments for their employees.
  • At Morgan Stanley Internship, interns will enjoy numerous support from the team of workers. They will also savor vibrant multi-talented members of the company who will be giving them mentorship every week.
  • Morgan Stanley Internship further exposes interns to continuous opportunities for development and hands-on training.
  • Consequently, Morgan Stanley permits interns to participate in networking events to build networks and collaborate.
  • Additionally, interns receive competitive pay at the Morgan Stanley Internship program.
  • Last but not least, interns have a one-time chance of the firm extending their internship or getting a full-time job offer from the firm after graduation.

Expected Salary of an intern at Morgan Stanley Internship

Altogether, the average Morgan Stanley Intern hourly pay in the United States is approximately $15.76. This hourly pay meets the average national salary stipulated by US labor policy. The base pay for different internship roles may differ due to individual skills and experiences, work location, qualifications, department, and work hours. However, the above salary amount is the least an intern employee can receive during the internship.

Eligibility and Requirements for Morgan Stanley Internship

Below are the eligibility requirements an applicant must fulfill to qualify for the Morgan Stanley Internship program.

  • Must be enrolled in a degree, master’s, or doctoral program in finance, economics, business, public policy, or a related area.
  • Students of any nationality are eligible to apply.
  • Applicants must have excellent leadership and analytical skills.
  • Students must be someone who pays attention to details.
  • People who are self-confident and self-driven are eligible to apply.
  • Also, they must have at least a basic knowledge of Ms. Excel and Word.
  • Fluency in written and spoken English

How to apply for the Morgan Stanley Internship

Morgan Stanley Internship has an online application process. All applicants should do is visit the Morgan Stanley official page, find an internship opportunity, and apply. Below are the standard steps for applying;

1. Go to the Morgan Stanley Internship official website.
2. Click on the bars at the left-hand side of the web page.
3. Select careers, then opportunities under students and graduates.
4. Scroll down and click on the search for opportunities icon.
5. The command takes you to an interface for opportunities. Scroll down and click on the “opportunities for students and graduates” icon.
6. It will open up a query box or quick search box. Enter the keyword “internship” and click the search icon.
7. The command takes you to an internship filled with vacant positions.
8. Click on any position and read the job description and eligibility on the page.
9. Select the apply now option.
10. Register your account. Confirm it through email, log in, and then complete your application.
Ensure to submit a well-crafted curriculum vitae and a compelling cover letter.

Application Deadline

Morgan Stanley Internship has no fixed application deadline for the 2023 program. But one thing stands out in the internship application deadline. The fact that each internship role has a different application deadline.

If you intend to apply for an internship, reach out to the company and tell them to notify you once the application commences.

Frequently Asked Questions

How long do interns work every week in the Morgan Stanley Internship program?

Working hours differ from location to location. However, interns are to work between 30 to 40 hours per week at Morgan Stanley.

How can you make your Morgan Stanley Internship application stand out?

To make your internship application stand out, applicants must first fulfill the eligibility requirements for the internship. Furthermore, they should utilize the keyword of the job in writing their cover letter and curriculum vitae.

For example, if you are a mechanical engineering major, instead of saying that you have lab experience, show and specify your experience with equipment and analyses that you performed in the lab. Then carefully write the crucial sections of your application.

Will the full-time internship affect my full-time school schedule?

There is no answer to this question. It is up to the students to come up with solutions to balance the needs of their internship opportunities and academic plans. But it is advisable for students to do an internship in between their semester holidays or break. With an internship at this time of the year, you will not have to worry about your internship clashing with academics.

Do you need a letter of recommendation for the Morgan Stanley Internship?

Applicants for the above internship must submit two letters of recommendation. Know that recommendations can weigh a significant amount in your final job decision.

Is there a guarantee that Morgan Stanley will offer me an internship?

While the company encourages student internships, there is no guarantee that it will offer students internship opportunities. Applicants should do their best and keep searching for more scholarships should Morgan Stanley firm reject their application. Finally, if you need help with common interview questions, this page has the answers you seek.

Conclusion

Interning in a firm that provides all the benefits you seek in an internship at once, including additional opportunities, is important. The reason you should consider the Morgan Stanley Internship program. As there is no guarantee that the firm will recruit you, you must look for other internships in the finance industry and prepare for an interview.