2027 Fixed Income Research Summer Analyst Program (New York)

Morgan Stanley Campus • New York, NY

2d

About The Position

The Fixed Income Research Summer Analyst Program is a 10-week program consisting of one week of classroom training, followed by multiple rotations. Summer Analysts may rotate on various Fixed Income Research desks including Corporate Credit, Interest Rates, Emerging Markets, Foreign Exchange, Municipal Credit and Securitized Credit. Summer Analysts 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 program features a Senior Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program. Training Program 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. Fixed Income Research Summer Analysts then attend both Research and 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. Role and Responsibilities Develop investment recommendations on Fixed Income Securities through the study of market fundamentals and technical research. Helping develop models to identify short term asset-class disconnects in real time. Gain exposure to Fixed Income Research by learning from seasoned professionals as they tackle longer-term asset allocation challenges, develop trade recommendations, and craft research content such as reports and podcasts (listen to Thoughts on the Market and watch Fixed Income Strategy 101 to learn more about what we do). Analysts will be given a specific project during each rotation focusing on anything from developing and pitching a trade idea to creating new valuation and trading models. The project will be presented to the research team at the end of each rotation.

Requirements

• You are pursuing an undergraduate bachelor’s degree with a graduation date of December 2027 or Spring 2028.
• Minimum 3.5 GPA.
• Basic knowledge of and a keen interest in finance and markets.
• Strong work ethic, collaborative, ability to multi-task.
• Adaptable, versatile, and analytical.
• Strong oral and written communication skills.
• In order to be considered a complete application, students must submit an application and complete a HireVue (instructions emailed upon submission of application).

Responsibilities

• Develop investment recommendations on Fixed Income Securities through the study of market fundamentals and technical research.
• Helping develop models to identify short term asset-class disconnects in real time.
• Gain exposure to Fixed Income Research by learning from seasoned professionals as they tackle longer-term asset allocation challenges, develop trade recommendations, and craft research content such as reports and podcasts
• Analysts will be given a specific project during each rotation focusing on anything from developing and pitching a trade idea to creating new valuation and trading models.
• The project will be presented to the research team at the end of each rotation.

What This Job Offers

• Career Level: Intern
• Number of Employees: 5,001-10,000 employees