Airlines & Freight Equity Research Analyst

711 MS Smith Barney, LLC; New York (NY); On-site; USD 110,000 - 200,000; Full time

Job summary

Morgan Stanley's Equity Research team in New York City seeks an Analyst/Associate for Airlines & Freight Transportation. You will build financial models, translate data into clear investment theses, and interact with management and investors to support high-conviction stock calls.

The role emphasizes AI-enabled research tools, collaboration with cross-functional teams, and rigorous analysis to inform investment decisions across a 30+ stock coverage universe.

Qualifications

• 1–2 years of professional experience in equity research or investment banking.
• Experience or sector knowledge in airlines and/or freight transportation is desirable.
• Proven use of Excel to build and maintain financial models; advanced Excel proficiency required.
• Strong written and verbal communication; ability to present analysis clearly.
• Interest in public markets and curiosity about drivers of stock performance.

Responsibilities

• Create and maintain financial, valuation, and industry models leveraging accounting, finance, and economics.
• Translate data into insightful research reports with clear debates and actionable stock calls.
• Develop relationships with management and investor relations teams of covered companies.
• Engage with institutional investors by addressing questions and communicating high-conviction views.
• Support internal sales and trading with timely analysis of sector developments.
• Apply AI-enabled tools to speed data gathering, model maintenance, and analysis while ensuring data integrity.
• Conduct industry diligence and primary research through surveys and channel checks.

Skills

Excel modeling

Analytical thinking

Communication skills

AI tools adoption

Self-starter

Education

CFA designation or progress toward CFA

Equity research/investment banking experience

Tools

Python

Excel

Job description

Morgan Stanley's Equity Research team in New York City seeks an Analyst/Associate for Airlines & Freight Transportation. You will build financial models, translate data into clear investment theses, and interact with management and investors to support high-conviction stock calls.

The role emphasizes AI-enabled research tools, collaboration with cross-functional teams, and rigorous analysis to inform investment decisions across a 30+ stock coverage universe.