Morgan Stanley Internships 2026
Morgan Stanley is a top-3 global investment bank and one of the most prestigious names in finance. The firm hires 2,500+ summer analysts and interns annually across institutional securities (investment banking and sales & trading), wealth management, investment management, and technology. The 10-week summer program is primarily based in New York City, with positions in major financial centers worldwide. Morgan Stanley's internship is a direct pipeline to full-time offers — the firm fills most of its entry-level positions through its summer program. The company is known for its collaborative culture, strong mentorship, and emphasis on analyst development through formal training at the start of the program.
Program Highlights
Summer Analysts earn approximately $85,000–$100,000 annualized, with additional signing bonuses for technology roles
The first week includes intensive analyst training at Morgan Stanley's NYC offices covering financial modeling, markets, and professional development
Morgan Stanley's Early Insights Program gives freshmen and sophomores early exposure and priority interview consideration for future summers
Return offer rates exceed 80% across most divisions, with the highest conversion in wealth management and technology
The firm's diversity recruiting programs (Richard B. Fisher Scholars, INROADS partnerships) provide dedicated pathways for underrepresented students
Typical Internship Roles at Morgan Stanley
Investment Banking Summer Analyst — M&A advisory, IPO underwriting, and debt capital markets across industry verticals
Sales & Trading Summer Analyst — equity and fixed income trading desks, covering institutional clients and market-making
Wealth Management Summer Analyst — financial advisory, client relationship management, and investment strategy for high-net-worth clients
Technology Summer Analyst — building trading systems, risk platforms, and client-facing applications using Python, Java, and cloud technologies
Investment Management Summer Analyst — portfolio analytics, fund operations, and investment research for institutional portfolios
Risk Management Summer Analyst — market risk, credit risk, and operational risk analysis for the firm's global positions
Application Tips
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Applications open in early July for the following summer. Investment banking positions fill first — apply before September for the best chances.
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Morgan Stanley's interview process includes a SuperDay with 3–5 back-to-back interviews. Prepare for technical questions (valuation, accounting) and behavioral questions.
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For wealth management, demonstrate genuine interest in helping individuals build wealth. This is the least competitive division with strong compensation and work-life balance.
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Technology interviews include a HackerRank assessment and technical interviews. Morgan Stanley's tech team is 10,000+ strong and growing — this is a real tech company.
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Attend Morgan Stanley's campus events and info sessions. The firm tracks attendance and it positively influences your application review.
Interested in Morgan Stanley?
Submit your profile and a PropelGrad recruiter will help you prepare your application for Morgan Stanley's internship program.