MS
Morgan StanleyNew York City, NY

2027 AlphaWise Summer Associate Program (New York)

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Programme

Internship

Location

New York City, NY

Duration

10 weeks

About the role

The AlphaWise Summer Associate Program is a 10-week internship in New York offering hands-on experience in quantitative research and data analytics within equity and fixed-income investing.

Program Overview

  • 10-week intensive summer internship in New York.
  • Work alongside full-time professionals on quantitative projects.
  • Assigned to a team focused on equity and fixed-income investing.
  • Begins with training on fundamental and professional skills.
  • Ongoing networking and training throughout the program.
  • Collaborate with Equity Analysts, Strategists, and Economists.

Responsibilities

  • Explore and analyze market and alternative datasets.
  • Develop predictive models using KPIs, valuations, and stock returns.
  • Conduct geospatial, demographic, and original research.
  • Generate innovative ideas in Alpha and thematic research.
  • Leverage Generative AI and NLP for insights and automation.
  • Communicate research findings via presentations and reports.

Qualifications

  • Pursuing advanced degree in quantitative fields, graduating Dec 2027–Jun 2028.
  • Strong foundation in mathematics and statistics.
  • Programming proficiency in Python or similar languages.
  • Interest in financial markets and equity factor models.
  • Preferred familiarity with GenAI, NLP, machine learning, SQL, and visualization tools.
  • Strong communication, problem-solving, and teamwork skills.

Application Process

  • Complete an online assessment within 48 hours after invitation.
  • First round and superday interviews conducted via Zoom.
  • Email [email protected] for questions.
  • Application deadline in October (exact date not specified).

Compensation

  • Expected base pay rate of $72.12 per hour at start.
  • Total compensation may include bonuses and incentives.
  • Compensation determined individually based on position.