2027 Internal Audit Business Audit Summer Analyst Masters Program New York

Morgan Stanley

New York (NY)

On-site

USD 41,000 - 58,000

Full time

14 days+
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Job summary

Morgan Stanley invites Master’s students to join the Internal Audit Summer Analyst program in New York for a 10-week internship designed to build fundamental auditing skills. The program blends training on internal audit principles with hands-on work across audit functions and leadership engagement.

Graduates between December 2027 and June 2028 with less than a year of full-time experience are welcome. The program may lead to a Full-Time Analyst role, with exposure to analytics and innovative

Qualifications

  • Enrollment in a Master's program related to accounting, business management, or finance (preferred but not mandatory).
  • Minimum GPA of 3.0 is expected.
  • Graduates between December 2027 and June 2028 with <1 year of full-time experience.
  • Affiliation with the Institute of Internal Auditors is a plus but not required.
  • Demonstrates critical thinking, analytical and problem-solving abilities.
  • Clear written and verbal communication; effective collaboration.
  • Attention to detail and willingness to learn and develop.

Responsibilities

  • Develop knowledge of business principles and auditing standards.
  • Learn audit tools and testing techniques.
  • Execute assurance activities under guidance and produce quality work.
  • Document narratives, perform control testing, and communicate results to management.
  • Perform testing steps, gather evidence, document results, and escalate issues as needed.
  • Contribute to risk messages within the coverage area and collaborate with the team.
  • Note: responsibilities may vary by coverage area.

Skills

Critical thinking
Analytical skills
Communication skills
Collaboration
Attention to detail
Self-development

Education

Masters degree in accounting/finance/business
GPA 3.0 or higher
Graduating Dec 2027 – Jun 2028

Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity, excellence and collaboration. Morgan Stanley provides an opportunity for individuals to apply their skills in a dynamic business environment through meaningful work and professional development.

We foster a culture of diverse perspectives, growth and collaboration that help individuals reach their full potential.

2027 Internal Audit - Business Audit Summer Analyst Master's Program (New York)

Summer Analysts join the Morgan Stanley Internal Audit Department in June for a comprehensive 10-week internship and development program that provides participants with exposure to various functions across Internal Audit and coverage areas within the Firm.

Training Program

The Summer Program includes training on internal audit fundamentals and Morgan Stanley's audit methodology, engagement with senior leadership, cross-divisional networking opportunities, peer mentorship, community service opportunities, and a group project in which Summer Analysts present what they have learned through the program to a broader audience.

Individuals who successfully complete the internship program may be considered for the Internal Audit Full-Time Analyst program following college graduation, which includes a brief rotation on the Advanced Analytics & Innovation team. This provides full-time Analysts with the opportunity to learn and apply analytics skills and leverage innovative technology (e.g., GenAI) throughout the program.

Roles and Responsibilities
  • Develop a working knowledge of business principles and basic auditing standards
  • Develop knowledge of audit tools and testing techniques
  • Execute a wide range of assurance activities (e.g., audits, continuous monitoring, closure verification) with guidance
  • Produce quality work in accordance with team/ department priorities and assigned deliverables (e.g., documenting narratives, executing control testing and communicating results to management)
  • Execute testing procedures by performing test steps, gathering evidence, documenting results, and escalating issues, exceptions, or questions
  • Contribute to messages regarding risk and business impact within relevant coverage area
  • Collaborate with colleagues across the team

Responsibilities may vary according to your coverage area.

Qualifications and Skills
  • Graduates between December 2027 and June 2028 and has less than one year of full-time professional experience
  • Pursues a master's degree (accounting, business management, finance or related degree preferred, but not mandatory)
  • Minimum cumulative GPA of 3.0
  • Affiliation with the Institute of Internal Auditors preferred, but not mandatory
  • Demonstrates critical thinking, analytical, and problem-solving skills
  • Communicates verbal and written messages in a clear and concise manner
  • Effectively collaborates with others and adapts to a dynamic environment
  • Pays attention to detail and quality
  • Seeks guidance and solicits feedback to further self-development

Expected base pay rate for the role will be $36.06 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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