2025 Fixed Income Division Industrial Placement / Summer Analyst Program

The Programme

The Fixed Income Division’s Industrial Placement / Summer Analyst Program aimed at undergraduates who are either required by their degree or are able to complete a 6-month or 10-week internship.  

Industrial Placement & Summer Analysts will receive on-the-job training, benefit from working alongside experienced professionals on meaningful projects, and build their skillsets in a dynamic and evolving environment.

In addition, the programs feature a Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program. 

Training Program:

Industrial Placement & Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s businesses and learn what it’s like to be an employee at Morgan Stanley.

Industrial Placement & Summer Analysts will then attend Sales & Trading division-specific training where they learn core skills essential for success. The curriculum includes daily market updates, business-specific overviews, and basic product and technical training. 

Internship Period:

• Industrial Placement Program: 6 months between January to July 2025.
• Summer Analyst Program: 10 weeks between June to August 2025. 

What You Will Do 

• Sales: Understand how a client base is developed and maintained; create investment ideas; learn how we sell and cross-sell the Firm’s products; represent the Firm when interfacing with clients on important business issues.
• Trading: Assist in generating trade ideas and analysis; support all aspects of the market-making and trade execution process, from providing research analytics on trades to relative value analysis.
• Structuring: Learn how to build valuation models to help issuers and investors optimize a transaction’s economics and quantify sources of value and risk. 

Required Skills and Abilities

• You are pursuing an undergraduate Bachelor’s or Master's degree with a graduation date between October 2025 and July 2026.
• A keen interest in finance and markets.
• Analytical, adaptive, multi-tasker, team player and possess a strong work ethic.
• Strong interpersonal, verbal and written communication skills. 
• Fluency in English required, and Asian language skills preferred. 

Application Deadline: August 18, 2024 

About Us:

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.  

For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched.  

A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients.  

Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 42 countries.