2027 Investment Banking amp; Global Capital Markets Strats Summer Associate Program (New York)

About the role

Morgan Stanley offers a 10-week in-person Strats Summer Associate Program in New York combining financial engineering, quantitative analysis, and computer science to support Investment Banking and Global Capital Markets transactions.

Program Details

• 10-week in-person summer program at Morgan Stanley headquarters in New York.
• Placement in Investment Banking Division or Global Capital Markets Strats Group.
• Includes training on accounting, industry products, and proprietary analytical tools.
• Mentorship provided for development and exposure to divisions.
• Flat structure with early high responsibility.
• Focus on financial engineering and quantitative analysis.

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, and M&A teams to provide differentiated client analysis.
• Develop business reporting solutions for senior management.
• Build dashboards and tools for bankers, including data pipelines.
• Work with engineering teams to ensure scalable, efficient systems.

Qualifications

• Graduate student in Financial Engineering, Mathematics, Physics, Statistics, or related quantitative field.
• Degree completion between December 2027 and June 2028.
• Strong interest in financial markets and excellent quantitative skills.
• Programming ability in major languages such as Python, Java, Scala, or Q/KDB.
• Outstanding verbal and written communication skills.
• Ability to work urgently with attention to detail in a team environment.

Compensation and Application

• Expected base pay rate of $72.12 per hour plus discretionary bonuses and benefits.
• Applications reviewed on a rolling basis; early submission encouraged.
• Candidates evaluated for both divisions; final placement notified later.
• Divisional preference may be considered.