2023 Equity Research Summer Associate Program (New York)

Overview:
During this 10-week program, Summer Associates are placed directly into one of the following sector teams: Consumer, Energy, Utilities, Financials, Healthcare, Industrials, Materials, Media, Telecommunication or Technology. The placements are made based on the needs of the department and the skill set of the candidate.

The Summer Associate Program begins with a training and development curriculum that covers the fundamental and professional skills you need for success in Equity Research. After a brief training period, Summer Associates will be assigned to a specific industry team, building a foundation in the basic skills of fundamental analysis, accounting and valuation. There will be networking opportunities and ongoing training throughout the program.

Responsibilities:

• Gather and analyze industry data to develop an industry-specific vision
• Update and build financial models on the companies and industry you follow
• Analyze emerging trends in an industry or macro economy
• Assess relative stock valuations and review findings with your team
• Build relationships within Sales & Trading and Research

Qualifications/ Skills/ Requirements:

• You are pursuing an MBA with a graduation date of December 2023 or Spring 2024
• You have basic knowledge and a keen interest in finance
• You have a genuine interest and understanding of the financial markets and services
• You are analytical, insightful, a quick learner, team player and good at multitasking, with a positive attitude
• You possess strong interpersonal, verbal and written communication skills

Expected base pay rate for the role will be $150,000 per year at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.