2027 Investment Management Summer Analyst Program - Fixed Income (Boston)

About the role

The 10-week Investment Management Summer Analyst Program at Morgan Stanley in Boston offers hands-on experience in fixed income research and portfolio management, including one week of training in New York.

Program Structure

• 10-week program starting in June with one week training in New York.
• Nine weeks working within a specific Investment Management team in Boston.
• Experience similar responsibilities to a full-time analyst.
• Focus on fixed income, specifically high yield bonds.
• Exposure to portfolio management and research activities.
• Opportunity to participate in team meetings and company reviews.

Responsibilities

• Support portfolio managers, analysts, and research associates daily.
• Analyze industry fundamentals and outlooks.
• Conduct in-depth research on company business models and strategies.
• Build and maintain financial models using company filings and data sources.
• Create spreadsheets and macros to compile data into reports.
• Work on special projects like investment screening and risk assessment.

Requirements

• Pursuing Bachelor's degree, graduating between Dec 2027 and June 2028.
• Strong academic record and extracurricular achievements.
• Excellent oral and written communication skills.
• Strong Excel skills and experience modeling financial statements.
• Ability to work independently with high accuracy and attention to detail.
• Understanding of corporate bond and equity markets.

Application Process

• Apply via Morgan Stanley website with resume and complete HireVue questionnaire.
• Resumes reviewed on a rolling basis until role is filled or deadline.
• Expected base pay approximately $52.89 per hour, individualized upon hire.
• Compensation may include bonuses, commissions, and benefits.
• No specific application deadline provided.
• Role located in Boston, MA with training week in New York, NY.