Morgan Stanley Summer Analyst Internship

Morgan Stanley's Summer Analyst Program is one of the most polished internship experiences on the Street. Running 10 weeks from June through August, interns earn $2,115 per week ($110K annualized) with a $5,000 housing stipend and relocation assistance for domestic moves. The program begins with a comprehensive training period at the firm's midtown headquarters, featuring instruction on modeling, valuation, and client communication. What sets Morgan Stanley's internship apart is the emphasis on structured mentorship: each intern is paired with an analyst buddy and an associate mentor, creating a two-layer support system that is more formalized than at most competitors. Interns are staffed on real transactions and are expected to contribute meaningfully to pitch books, models, and client materials. The firm's strength in TMT and Healthcare means interns in those groups often work on some of the highest-profile deals of the summer. The conversion rate hovers around 75-85%, and the evaluation process is transparent, with mid-summer feedback sessions that give candidates a clear picture of where they stand. Morgan Stanley recruits on a timeline similar to Goldman, with applications opening in late summer, HireVue rounds in the fall, and Superdays stretching into early spring. The firm's collaborative culture extends to the intern class, with social events, speaker sessions, and cross-group networking built into the program. Candidates who demonstrate analytical depth, team orientation, and genuine enthusiasm for the platform consistently receive offers.