2026 Investment Banking Summer Analyst Program (United States)

Morgan Stanley • New York, NY

343d • $52

About The Position

Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in mergers & acquisitions (M&A), underwriting of equity and debt transactions. With professionals in over 30 countries, we are consistently recognized for our performance in traditional and innovative financing techniques, helping clients around the world to make decisions about their business strategy and financial structure. In the United States, we have opportunities in the following cities: New York, Houston, Menlo Park and San Francisco. We are further organized by industry and product groups including Consumer Retail, Financial Institutions, Financial Sponsors, Power & Utilities, Healthcare, Industrials, Media & Communications, Mergers & Acquisitions, Oil & Gas, Real Estate, Transportation and Technology. When applying, you will be prompted to identify your preferred office location(s) and banking groups. Summer Analysts experience the culture and atmosphere of Morgan Stanley by taking on responsibilities of a Full Time Analyst, working on a variety of corporate transactions, and making meaningful contributions to the delivery of projects. Summer Analysts will be involved in an immersive orientation program and learn about our culture as well as the benefits and responsibilities of being a member of the Firm. In addition, Summer Analysts participate in an intensive division-specific training program focused on developing a strong foundation in the basic skills of financial analysis, accounting, and valuation. Upon conclusion of training, Summer Analysts will have an opportunity to work on a wide range of transactions in their assigned group. Summer Analysts receive continued on-the-job training throughout the program and benefit from working alongside experienced professionals during their internship. Summer Analysts have many opportunities to exchange ideas and network with peers, mentors and senior managers through team-building sessions and other organized events.

Requirements

• Pursuing an undergraduate degree with a graduation date between December 2026 and June 2027
• Minimum 3.4 GPA
• Possess basic knowledge of and a keen interest in finance
• Analytical, adaptive, multi-tasker and team player
• Strong work ethic and leadership skills
• Strong oral and written communication skills

Responsibilities

• Analyzing detailed corporate and financial information
• Creating statistical exhibits that analyze comparative financial performance
• Building models to illustrate projected financial results and value to companies
• Developing marketing memoranda and delivering sections of research presentation
• Participating in the execution of financings and M&A transactions
• Acting as the liaison for the team and other parts of the Firm

Benefits

• Expected base pay rates for the role will be $52.89 per hour
• Total compensation package may include commission earnings, incentive compensation, discretionary bonuses, and other Morgan Stanley sponsored benefit programs

What This Job Offers

• Career Level: Intern
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees