Global Capital Markets Summer Analyst Program (May 2025)

About Morgan Stanley

Morgan Stanley, a global financial services behemoth founded in 1935, stands at the forefront of investment banking, wealth management, and trading services. Renowned for its expertise in mergers and acquisitions, it's a pivotal player in steering global capital markets. Its influence and innovative strategies continue to shape the financial landscape, embodying a blend of tradition and forward-thinking in the world of finance.

Your role

Morgan Stanley's Global Capital Markets division offers a 10-week program that takes place in New York. The program includes the opportunity to be placed on one of their desks within Global Capital Markets (GCM), which could include: Equity Capital Markets (ECM), Fixed Income Capital Markets (FICM), Leveraged Finance (LevFin), Securitized Products Capital Markets (SPCM), Liability Management, Project Finance, or Strategic Lending Group (SLG).

Responsibilities may include but are not limited to:

• Work with their clients on complex, innovative financing, and risk management solutions.
• Learn how to read complex financial models and understand basic multiples such as P/E and Aggregate Value/EBITDA.
• Learn how equity deals are priced and play an active role in the origination and execution of transactions while working closely with your Corporate Finance counterparts in Investment Banking.
• Help prepare materials to provide clients with valuable updates on market news and trends and how these affect their access to the debt capital markets.
• Work with their trading and syndicate desks on rate views, product management, and deal execution; build and run complex financial models.
• Analyze and create, for both corporate and financial sponsors, various financing alternatives in the context of debt and/or loan financing, leveraged buyouts, and acquisition financings.

Training & development

Morgan Stanley's Global Capital Markets division is offering a 10-week intensive training in New York, combining expert-led presentations, coursework, and exercises, with a formal mentorship program to enhance development and exposure within GCM. The summer program features engagement with senior leadership, lunch & learn sessions, networking events, and interactions across the firm, in a market-driven, open trading floor environment that fosters a high level of early career responsibility within a flat organizational structure.

Salary & benefits

The expected base pay rate for the role will be $52.89 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Benefits offered may include:

• Gain practical experience in the financial sector
• Opportunities to develop professional skills
• Networking opportunities
• Access to mentors and guidance from experienced professionals

Career progression

At Morgan Stanley, a clear career path accelerates progression, with mentorship and professional development transforming interns into integral team members. Continuous learning opportunities lead to a rewarding, growth-oriented career in finance, where one's contributions significantly impact.

Work-life balance

At Morgan Stanley, work-life balance is nurtured through a culture emphasizing flexibility and wellness. Employees are encouraged to blend ambition with personal time, supported by initiatives like remote working options and dedicated mental health resources. This approach fosters a productive environment where professional growth and personal well-being coexist harmoniously.

Culture & vibe

At Morgan Stanley, a dynamic blend of ambition and collaboration underpins a culture focused on excellence and innovation. Employees navigate a fast-paced, intellectually stimulating environment, where global perspectives converge, fostering a unique blend of professionalism and approachability. The firm's commitment to integrity and client success resonates through its diverse, inclusive community, nurturing both personal growth and collective achievement.

About you

Qualifications & skills:

• Pursuing a Bachelor's degree and will graduate between December 2025 and Spring 2026.
• Basic knowledge of and a keen interest in finance.
• Outstanding analytical and quantitative skills.
• A great multi-tasker, possesses a strong work ethic, and has a positive attitude.
• Excellent verbal and written communication skills.
• A quick learner, both a leader and team player, and a self-starter with the ability to work independently.
• Detail-oriented with strong organizational skills and ability to manage time efficiently and effectively.

How to apply

To apply for this position, click the "Apply on employer site" button below, which navigates you to the careers page where the application can be submitted directly.

Application details:

• They review Global Capital Markets applications on a rolling basis and encourage you to apply as soon as you are ready because interviews can occur before the application period closes.

Sources

The following sources were used in researching this page:

• morganstanley.com/people/
• youtube.com/user/mgstnly