You must be pursuing an undergraduate degree with a graduation date of Dec 2026/Spring 2027, have a minimum 3.0 GPA, and show a keen interest in finance and markets. Be collaborative, quick learner, adaptable, a problem solver, have strong work ethic, and excellent communication skills.

You'll trade and structure equity derivatives products like options, swaps, and structured notes with a focus on various desks and markets at a leading global financial firm.

Banking & Finance

United States

New York City

Large

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.

Finance

Morgan Stanley

Investment Banking

<ul><li>The Institutional Equity Sophomore Summer Analyst Program is a 10-week program consisting of one week of classroom training, followed by multiple rotations across the Equity division through our Trading, Distribution and Prime Brokerage desks. Summer Analysts receive on-the-job training, benefit from working alongside experienced professionals on meaningful projects, and build their skillsets in a dynamic and evolving environment. In addition, the Program features a Senior Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program.</li><li>Please apply to this program if you are interested in our more quantitative, trading or structuring/content roles with Equities. Please note, you should apply for the 2025 Institutional Equity Sophomore Summer Analyst Program (New York) if you are interested in our Sales, Prime Brokerage or Sales-Trading roles within Equities.</li></ul>Training Program:<ul><li>Summer Analysts begin with a one-day orientation where they are introduced to the Firm's businesses, learn about what it is like to be an employee at Morgan Stanley and network with Summer Analysts throughout the Firm. For the remainder of training, Summer Analysts will attend divisional specific training where they learn core skills essential to a successful summer. The curriculum includes daily market updates, business-specific overviews, and basic product and technical training.</li></ul>

Currently Studying

The Institutional Equity Sophomore Summer Analyst Program is a 10-week program consisting of one week of classroom training, followed by multiple rotations across the Equity division through our Trading, Distribution and Prime Brokerage desks. Summer Analysts receive on-the-job training, benefit from working alongside experienced professionals on meaningful projects, and build their skillsets in a dynamic and evolving environment. In addition, the Program features a Senior Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program.Please apply to this program if you are interested in our more quantitative, trading or structuring/content roles with Equities. Please note, you should apply for the 2025 Institutional Equity Sophomore Summer Analyst Program (New York) if you are interested in our Sales, Prime Brokerage or Sales-Trading roles within Equities.Training Program:Summer Analysts begin with a one-day orientation where they are introduced to the Firm's businesses, learn about what it is like to be an employee at Morgan Stanley and network with Summer Analysts throughout the Firm. For the remainder of training, Summer Analysts will attend divisional specific training where they learn core skills essential to a successful summer. The curriculum includes daily market updates, business-specific overviews, and basic product and technical training.

2025 Institutional Equity Derivatives Trading & Structuring Sophomore Summer Analyst Program - New York

Requirements

Responsibilities

Morgan Stanley

Mission & Purpose