2024 Global Capital Markets Summer Analyst Program (New York)
Location: New York, New York
Type: Full Time
Internal Number: 18605410
Morgan Stanley's Global Capital Markets division offers a 10-week program that takes place at Morgan Stanley's headquarters in New York. The program includes the opportunity to be placed on one of our desks within Global Capital Markets (GCM), which could include: Equity Capital Markets, Fixed Income Capital Markets, Leveraged Finance, Securitized Products Capital Markets, Liability Management, Project Finance, or Strategic Lending Group; a training and orientation with a variety of presentations, coursework, and exercises with experts and industry leaders; a formal mentorship program to aid in your development and provide greater exposure to GCM. The summer program includes, but is not limited to, engagement with senior leadership, lunch & learn sessions, regular networking events, and interaction with other businesses across the Firm, a market driven environment with an open trading floor where you are closely integrated with your team, a flat structure experience that will provide you with a high level of responsibility early in your career.
Program Overview Responsibilities may include but are not limited to:
Work with our clients on complex, innovative financing, and risk management solutions
Learn how to read complex financial models and understand basic multiples such as P/E and Aggregate Value/EBITDA
Learn how equity deals are priced and play an active role in the origination and execution of transactions, while working closely with your Corporate Finance counterparts in Investment Banking
Help prepare materials to provide clients with valuable updates on market news and trends and how these affect their access to the debt capital markets
Work with our trading and syndicate desks on rate views, product management and deal execution; build and run complex financial models
Analyze and create, for both corporate and financial sponsors, various financing alternatives in the context of debt and/or loan financing, leveraged buyouts and acquisition financings
Qualifications & Skills
Pursuing a Bachelor's degree and will graduate between December 2024 and Spring 2025
Basic knowledge of and a keen interest in finance
Outstanding analytical and quantitative skills
A great multi-tasker, possess a strong work ethic, and have a positive attitude
Excellent verbal and written communication skills
A quick learner, both a leader and team player, and a self-starter with the ability to work independently
Detail oriented with strong organizational skills and ability to manage time efficiently and effectively
We review Global Capital Markets applications on a rolling basis and encourage you to apply as soon as you are ready because interviews can occur prior to the application period closing.
Expected base pay rate for the role will be $52.88 USD per hour at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.