Your Opportunity as an Summer Associate in Investment Banking

An overview of this programme’s objectives and how you can benefit

Our goal is to give Summer Associates a firm foundation so that they can quickly become active contributors to the Investment Banking team. As a Summer Associate you will progress rapidly, and be expected to take on the role of a full-time Associate for the summer, working alongside experienced financial executives at some of the world's most influential corporations. You will also have the opportunity to become involved in a number of different projects and groups within the organisation. The projects begin with understanding the nuances of client needs, exploring ideas, conducting analyses, developing strategy and offering advice and counsel at every step.

The Summer Associate Programme in Investment Banking
How the programme works and the day-to-day experience you can expect

The ten-week EMEA Investment Banking Division (IBD) Summer Associate Programme offers an introduction to investment banking and the Morgan Stanley culture. By assuming the role of a full-time generalist Associate, you can gain a realistic view of banking issues as you work on a variety of projects across all areas of IBD. You can build a strong foundation in the basic skills of financial problem-solving, negotiation and project execution while learning about the firm's portfolio of products and services. 

Launching Your Career
The initial training that you receive on starting the programme

The IBD Summer Associate Programme begins with a one-week intensive training programme in London, featuring internal presentations and training led by experienced members as well as external training, including valuation interpretation, introduction to M&A analysis and modelling, and basic accounting.

There will also be several presentations throughout the summer introducing you to the different areas within IBD which will give you the opportunity to meet key people within these groups as well as broaden your existing knowledge of IBD.

Developing Your Career
What you can expect as you progress through and complete the programme

Our Summer Associate programme is the primary pipeline for our Full-Time Associate programme. As a Summer Associate you will be able to gain generalist experience across a number of industries while building a broad network of contacts. There are also opportunities within Global Capital Markets so if you have an interest in a specific area, we may be able to offer you a more targeted experience.

In order to assist you throughout your ten-week Summer Programme you will be introduced to a "buddy" and a mentor. Your "buddy" will be able to guide and advise you on day-to-day issues while your mentor will be able to provide career advice and insight into the firm.

There is a large degree of support from a number of bankers across the various teams, and you will also have the opportunity to attend a variety of social networking events with both Investment Banking and wider firm professionals so that you can build networks and understand the firm's culture.

Is Investment Banking Right for You?
A checklist to help you decide if you have the skills and attributes for this programme

• You are a team player with a strong work ethic and attention to detail.
• You have strong analytical skills and the ability to understand complex data quickly.
• You have outstanding communication and interpersonal skills, with the ability to form effective working relationships.
• You thrive on intellectual challenge and work with confidence.
• You are ambitious and motivated to become an industry, product or regional expert.
• You must be able to manage multiple projects, provide complicated financial analysis, and develop appropriate corporate finance solutions.
• You pursue your assignments with excellence, a collaborative spirit, and the highest ethical standards.

Requirements

You have completed or are studying for an MBA, having received a top-class undergraduate degree and posted a strong academic record (a minimum 2.1 or equivalent).

You have a relevant level of professional experience and can communicate effectively in English. In addition, the ability to communicate in a second language would be beneficial.

Selection Process

Candidates are evaluated on their commitment to a career in investment banking and their ability to succeed at both the Associate and Officer level. 

How to Apply

Our Summer Associate programme is our primary pipeline for our Full-Time Associate programme. Applications can be submitted from October 2009 and will be reviewed as they are received so we encourage candidates to apply early.

To submit your application, please apply online via our website.

Deadlines

Please visit check with your Careers Office for school-specific deadline dates. If your school does not have a recruiting relationship with us you may apply online no later than December 31, 2009.