Fixed Income Division - Sales & Trading Summer Associate Program (Mar 2024)

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services. With offices in 42 countries, the firm's employees serve clients worldwide including corporations, governments, institutions, and individuals. Committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything it does is guided by its core values.

Your role

The Fixed Income division is comprised of interest rate and currency products, credit products, and distribution. Professionals in the division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.

Roles and responsibilities

• Sales: Work alongside experienced employees to learn how it builds its client base and establish and maintain long-term client relationships. Assist with developing and presenting investment ideas and the fundamentals of selling and cross-selling the Firm’s products. 
• Trading: Execute trading ideas and analysis and support all aspects of the market-making trade execution process, from providing research analytics on trades to relative value analysis.
• Structuring: Learn how to build valuation models to help issuers and investors optimize a transaction’s economics and quantify sources of value and risk.
• Analytics: Provide quantitative and qualitative metrics and analytics around client revenue and profitability to drive internal business and client strategy; work with the team to help clients efficiently manage their commission dollars by creating increased transparency around the services that clients value.

Training & development 

This intensive 2-month program includes a Firmwide orientation to Morgan Stanley’s businesses and division-specific training. Your training will continue throughout the summer with structured learning sessions run by senior executives. Similarly, you will have many opportunities to integrate with peers and senior colleagues through a series of networking, social, charity, and mentoring events.

Benefits

The internship will benefit you in the following ways:

• Hands-on experience
• Learning opportunities
• Networking
• Competitive compensation
• Inclusive environment
• Exposure to global projects.

Career progression

The Summer Program is designed as an opportunity to learn more about the important role that Fixed Income plays within Morgan Stanley. This structured program includes rotations on desks across the business and is designed to give insight into this division and an opportunity to develop and master the analytical, quantitative, and interpersonal skills needed to develop an exciting and rewarding career.

Work-life balance

Regarding work-life balance, Morgan Stanley adheres to a typical Monday to Friday schedule from 11:30 a.m. to 8:30 p.m. IST, but they provide flexibility for time-sensitive tasks, including Indian public holidays. Employees can enjoy flexible working hours, including the option to work from home. Morgan Stanley maintains a five-day workweek, with an average of 55 working hours.

Culture & vibe  

Morgan Stanley is differentiated by the caliber of its diverse team. The culture of access and inclusion has built its legacy and shaped its future, helping to strengthen the business and bring value to clients. Following a corporate culture in which everyone feels they belong is fundamental to its role as a global leader constantly striving for excellence in all that it does.

About you

The requirements for the role are:

• Undergraduate or Master’s degree in your penultimate year of study Financial, Economics, Mathematics/Engineering, or business-related studies preferred.
• Interest and understanding of the financial markets.
• Strong verbal and written communication skills.
• Analytical, insightful, quick learner, team player, and multi-taskers, with a positive attitude.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Sources

The following source was used in researching this page:

• Morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• Ambitionbox.com/reviews/morgan-stanley-reviews
• Youtube.com.