Fixed Income Sophomore Summer Analyst Program (Jun 2025)

About Morgan Stanley

Morgan Stanley, founded in 1935, is a prominent global financial services firm offering investment banking, wealth management, and asset management services. With a presence in over 30 countries, it serves diverse clients worldwide.

Your role

Responsibilities:

• Sales: Understand how a client base is developed and maintained; create investment ideas; learn how Morgan Stanley sells and cross-sell the Firm’s products; represent the Firm when interfacing with clients on important business issues.
• Trading: Assist in generating trade ideas and analysis; support all aspects of the market-making and trade execution process, from providing research analytics on trades to relative value analysis.
• Strategy: Help develop investment recommendations on fixed-income securities through the study and analysis of market fundamentals and technical research. Understand how Morgan Stanley uses the existing firm model database to develop new models.
• Structuring: Learn how to build valuation models to help issuers and investors optimize a transaction’s economics, and quantify sources of value and risk.

Training & development

Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s businesses and learn what it’s like to be an employee at Morgan Stanley. Fixed Income Summer Analysts then attend Sales & Trading division-specific training where they learn core skills essential for success. The curriculum includes daily market updates, business-specific overviews, and basic product and technical training.

Salary & benefits

The expected base pay rate for the role will be USD 36.06 per hour at the commencement of employment. 

Benefits offered may include:

• Gain hands-on industry experience.
• Learning & development programs.
• Paid time off plans (Plans vary by position).
• Flexible work schedules.
• Diverse culture.
• Free Lunch or Snacks.

Career progression

Summer Analysts have many opportunities to exchange ideas and network with peers, mentors, and senior managers through team-building sessions and other organized events, ensuring you'll get career development opportunities at Morgan Stanley, where you’ll collaborate with industry leaders and innovators who will guide and support you as you forge a path to success.

Work-life balance

At Morgan Stanley, a strong emphasis on work-life balance fosters an environment where employees can thrive both personally and professionally, ensuring a fulfilling and rewarding experience. The firm provides a nurturing work environment and flexible working arrangements, which include the option to work from home. Depending on the role, the firm will empower you to find a working pattern that suits your needs.

Culture & vibe

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce, where its skilled and creative workforce comprises individuals drawn from a broad cross-section of the global communities in which they operate, reflecting a variety of backgrounds, talents, perspectives, and experiences. The employees deliver unique ideas and exceptional service to the clients every day, ensuring a vibrant and inclusive environment.

About you

Qualifications, Skills & Requirements:

• You are pursuing an undergraduate degree (sophomore) with a graduation date of December 2026 or Spring 2027.
• Minimum 3.0 GPA.
• While prior knowledge of finance and sales & trading is not required, you must have a keen interest in finance and markets.
• You are analytical, and adaptive, possess a strong work ethic, a leader, a team player, as well as a multi-tasker.
• You possess strong oral and written communication skills

Sources

The following sources were used in researching this page:

• youtube.com
• morganstanley.tal.net