2027 Investment Banking & Global Capital Markets Strats Summer Associate Program (New York)

Morgan Stanley Campus•New York, NY

1d•$72•Onsite

About The Position

Morgan Stanley is a worldwide leader in investment banking, recognized for its performance in traditional and innovative financing solutions. The New York City office is seeking Strats Summer Associates for the Investment Banking and Global Capital Markets Divisions. This role combines financial engineering, mathematical modeling, and computer science to conduct rapid quantitative analysis on capital markets transactions, including pitches and live execution for debt and equity issuance, M&A, and restructuring, as well as optimizing complex hedging strategies for internal and external clients. The program is a 10-week in-person experience at Morgan Stanley's headquarters in New York, with placement in either the Investment Banking Division (IBD) or Global Capital Markets (GCM) Strats Group. Summer programming includes sessions on accounting, industry and product-specific training, an introduction to Morgan Stanley's proprietary analytical tools, and an overall introduction to the Firm. Associates will have mentors to aid in their development and provide exposure to IBD or GCM, and will experience a flat structure offering a high level of responsibility early in their careers.

Requirements

Graduate student in Financial Engineering, Mathematics, Applied Mathematics, Physics, Statistics, Quantitative Finance, Computer Science, Electrical Engineering, Economics or related quantitative discipline
Completing degree in December 2027 to June 2028
Keen interest in financial markets
Excellent quantitative skills and programming ability in a major language
Outstanding verbal and written communication skills
Ability to work with a strong sense of urgency while maintaining attention to detail
Drive and desire to work in a team-oriented environment
Working knowledge of Q/KDB, Python, Java or Scala and desire to learn new techniques

Responsibilities

Create and maintain data driven analytics and financial models used to advise clients in achieving their strategic needs.
Analyze transaction data, client behavior, and market activity to support M&A, IPO, and capital raising pitches.
Work with sector coverage, sponsor coverage, and M&A teams to provide differentiated analysis to clients and help source new clients.
Develop and maintain critical business reporting solutions for the desks’ and division’s senior management.
Build dashboards and tools for bankers including pipelines for ingesting, cleaning, and transforming financial and alternative datasets; often collaborating with engineering teams to ensure scalable and efficient systems.