2027 Public Finance Summer Analyst Program (United States)

Morgan Stanley Campus • New York, NY

5d

About The Position

The Public Finance Summer Analyst Program is a 10-week program, including one week of classroom training. The program provides undergraduate students an opportunity to master the analytical, quantitative and interpersonal skills necessary to develop an exciting and rewarding career on Wall Street. Summer Analysts assume the functions of Full Time Analysts, servicing the Firm’s investment banking clients in the public sector and not-for-profit sector across the United States. Over the course of the summer, Summer Analysts are given an opportunity to explore multiple industry areas, including Public Sector (States, Cities and Local Governments), Transportation and Airports, Higher Education and Not-for-Profit Institutions, Healthcare, Affordable Housing, Public Power and Utilities. In addition, Summer Analysts will gain exposure across different products such as tax-exempt municipal bonds, taxable corporate bonds, and direct lending alternatives. In the United States, we have opportunities in the following cities: New York and San Francisco. 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. Public Finance Summer Analysts then attend divisional Sales & Trading training, where they learn the core skills required to be successful on the job, as well as Public Finance-specific training. The curriculum includes market updates, bond math, the fundamentals of tax-exempt municipal bonds and credit risk analysis. In addition, Summer Analysts have several opportunities to network with peers, mentors and managers through speaker events, teambuilding sessions, learning lunches, community service and social events.

Requirements

• You are pursuing an undergraduate degree with a graduation date of December 2027 or Spring 2028.
• You have a minimum GPA of 3.0 GPA.
• You have a compelling interest in and knowledge of the financial markets, specifically in municipals and public finance.
• Strong work ethic, collaborative, ability to multi-task.
• Adaptable, versatile, and analytical.

Nice To Haves

• You have an advanced knowledge of MS Excel (preferred).

Responsibilities

• Draft presentation materials, memos and responses to Requests for Proposals to generate new business.
• Develop cash flow financial models and credit models to support bond transactions.
• Shadow full-time employees as they communicate complex ideas and solutions with potential and existing clients.
• Support deal execution, including the preparation of investor presentation materials.

What This Job Offers

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