MS
Morgan StanleyNew York City, NYInternship

2026 Investment Banking Strats Fall Associate Program (New York)

Morgan Stanley offers a 12-week in-person Fall Internship in Investment Banking Strats in New York. Interns apply financial engineering and quantitative analysis to support capital markets transactions and client advisory.

1

Program Details

  • 12-week in-person internship at Morgan Stanley headquarters in New York.
  • Placement in Investment Banking Division (IBD) Strats Group.
  • Includes training on accounting, industry, product-specific topics, and proprietary analytical tools.
  • Mentorship provided for development and exposure to IBD.
  • Flat structure with early high responsibility.
2

Responsibilities

  • Create and maintain data-driven analytics and financial models for client advisory.
  • Analyze transaction data, client behavior, and market activity for M&A, IPO, capital raising.
  • Collaborate with sector, sponsor coverage, and M&A teams to provide differentiated client analysis.
  • Develop and maintain business reporting solutions for desks and senior management.
  • Build dashboards and tools for bankers, including data pipelines and transformation.
3

Qualifications

  • Pursuing Master's in Financial Engineering, Mathematics, Physics, Statistics, Quantitative Finance, Computer Science, Electrical Engineering, Economics, or related field.
  • Degree completion expected by March 2027.
  • Strong interest in financial markets.
  • Excellent quantitative skills and programming ability in a major language.
  • Outstanding verbal and written communication skills.
4

Technical Skills

  • Working knowledge of Q/KDB, Python, Java, or Scala.
  • Desire to learn new techniques and tools.