MS
Morgan StanleyBudapestInternship

2026 Risk Management Internship Program - Quantitative (Budapest)

Join Morgan Stanley's 2026 Risk Management Internship in Budapest to gain hands-on experience in quantitative risk analysis and model development within a global financial firm.

1

Role and Responsibilities

  • Develop and monitor market risk models like Value at Risk and Incremental Risk Charge.
  • Perform econometric analyses to support methodology development and model stability.
  • Conduct sensitivity studies and back tests on risk models.
  • Develop portfolio analysis models for credit limit setting and loss reserves.
  • Perform independent reviews of pricing and risk models used by the firm.
2

Requirements

  • Ongoing BSc or higher in Mathematics, Physics, Finance, or Economics.
  • Strong quantitative, analytical, and numerical skills.
  • Solid knowledge of probability theory.
  • Statistical skills in hypothesis testing, regression, and discriminant analysis are a plus.
  • Fluency in English, both verbal and written.
3

Program Details

  • Flexible work arrangement: 20-40 hours per week.
  • Opportunity to join Risk Analytics or Model Risk Management teams.
  • Supportive multinational environment with continuous development.
  • Networking events and potential for internship extension or full-time offer post-graduation.
  • Applications reviewed on a rolling basis; early application encouraged.