Sophomore Summer Analyst

Job Description

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The company is committed to fostering an environment that promotes diverse talents and perspectives, and is dedicated to attracting and retaining the best and brightest from all talent pools.

Job Description: 2025 Global Capital Markets Sophomore Summer Analyst Program (New York)

Morgan Stanley’s Global Capital Markets (GCM) division offers a 10-week summer program for sophomore students, taking place at the company’s headquarters in New York. The program provides a unique opportunity to gain practical experience and develop skills in the dynamic world of capital markets.

# What You’ll Do:

• Gain exposure to a variety of GCM desks: The program offers the opportunity to be placed on desks within Equity Capital Markets, Fixed Income Capital Markets, Leveraged Finance, Securitized Products Capital Markets, Liability Management, or Strategic Lending Group.
• Participate in comprehensive training: The program includes a training and orientation featuring presentations, coursework, and exercises delivered by industry experts and leaders.
• Benefit from mentorship: A formal mentorship program will guide your development and provide valuable insights into the world of GCM.
• Engage with senior leaders: You’ll have the chance to interact with senior leadership, participate in lunch and learn sessions, and attend networking events.
• Work in a market-driven environment: Experience the excitement of a market-driven environment with an open trading floor, closely collaborating with your team.
• Take on responsibility early on: The program provides a flat structure, allowing you to take on significant responsibility early in your career.

# Program Focus:

Morgan Stanley’s Sophomore Summer Program is designed to attract and empower diverse talent, with a special emphasis on individuals who have faced barriers to entry in the finance industry. This includes women, Hispanic/Latinx individuals, Black individuals, veterans, disabled individuals, LGBTQ+ individuals, first-generation college students, and those from economically disadvantaged backgrounds.

# Responsibilities:

• Work with clients on complex, innovative financing and risk management solutions.
• Learn to read complex financial models and understand basic financial multiples such as P/E and Aggregate Value/EBITDA.
• Participate in the origination and execution of transactions, working closely with counterparts in Investment Banking.
• Help prepare materials to update clients on market news and trends.
• Collaborate with trading and syndicate desks on rate views, product management, and deal execution.
• Build and run complex financial models.
• Analyze and create various financing alternatives for both corporate and financial sponsors.

# Qualifications and Skills:

• Currently pursuing a Bachelor’s degree with anticipated graduation between December 2026 and Spring 2027.
• A basic understanding of and keen interest in finance.
• Outstanding analytical and quantitative skills.
• Strong work ethic, multi-tasking abilities, and a positive attitude.
• Excellent verbal and written communication skills.
• A quick learner with leadership and teamwork qualities.
• Ability to work independently and take initiative.
• Detail-oriented with strong organizational skills and time management abilities.

# Additional Details:

• Expected base pay rate is $36.06 per hour at the start of employment. However, base pay is determined individually and is only part of the total compensation package.
• The compensation package may also include commission earnings, incentive compensation, discretionary bonuses, short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
• Applications will be reviewed after the deadline of Friday, September 6, 2024.
• Candidates must submit an application and complete the required HireVue recordings by 11:55pm EST on Friday, September 6, 2024, to be considered.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).