2025 Institutional Equity Division Quantitative Finance-Analyst/Associate-Eng.

The Programme

The internship is an intensive 10-week program that provides Summer Analysts/Associates the opportunity to work alongside Full-Time professionals on impactful, innovative quantitative projects.  

The multi-faceted programs feature senior teach-in sessions, divisional speaker series, product area training, networking events, and community service.  

With individual coaching and continuous feedback, the program enables Summer Analysts/Associates to experience and understand what a long-term career with the Firm entails. 

Training Program:

The Summer will kick off with a week-long introductory training program, alongside all Sales & Trading Summer interns, which will provide an institutional contextualization to the work that Summer Analysts/Associates will be doing through market-knowledge training, finance workshops, coding and product training.

Following the training week, Summer Analysts/Associates join their assigned Division, and continue to receive more individualized, on-the-job training on their specific desks and begin daily work and projects.  

Interns will have a direct manager, as well as a mentor, both of whom will act as invaluable resources to the Summer Analysts/Associates throughout their time at Morgan Stanley. 

What You Will Do 

• Desk Strategists sit on the trading desk and create models and strategies the desk will use to drive trading decisions, analyze and manage the risk of the positions currently on the books, and create pricing and market models.
• Market Modelers enhance Morgan Stanley's ability to manage risk and generate profits through the development of mathematical finance to create effective valuation and hedging models.
• Core Analytics develops domain-specific languages, algorithms, analytic libraries and tools to specify, value, trade and process financial positions.
• Model Standards and Enforcement works with strats, market modelers, the Market Risk Department and the Firm's Chief Risk Officer to set standards for the models used in valuation. 

Required Skills and Abilities

• You are pursuing an undergraduate Bachelor’s, Master's or PHD degree with a graduation date between October 2025 and July 2026.
• Mathematics, Statistics, Physics, Computer Science, Financial Engineering, Financial Mathematics, and Engineering or a related quantitative field.
• Knowledge of coding languages such as Python, Q/KDB+, R, SQL, VBA, C++ or Java is a strong advantage.
• Enjoy solving complex problems that require deep analytical reasoning and quantitative analysis.
• 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. 

Note that candidates with more relevant experience or fields of study may be considered as an Associate. 

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.