Equity Research Associate - Rotational Program

Morgan Stanley; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

Morgan Stanley in New York City seeks Analyst/Associate-level candidates for our Equity Research Department with backgrounds in Equity Capital Markets, Investment Banking, or Corporate Finance.

You will create and update research materials, write initiation reports, interact with institutional investors, and analyze industry trends. The role emphasizes rigorous analysis, data-driven modeling in Excel, and clear presentation, with opportunities to use AI-enabled tools.

Qualifications

• 1-5 years in Equity Capital Markets or Investment Banking
• Strong Excel skills for financial modeling
• Proven report writing experience
• Strong PowerPoint skills
• Ability to work under pressure with attention to detail
• Tech or emerging growth sector background preferred
• CFA and/or CPA is a plus

Responsibilities

• Create and maintain Salesforce education decks with company overviews and financial metrics.
• Write research reports for initiations, earnings and industry news.
• Interact with institutional investors; provide models and data.
• Monitor industry news; assess implications for covered companies.
• Build relationships with investor relations and company management.
• Conduct industry diligence and primary research via surveys and conference calls.
• Support internal sales and trading with timely breaking-news analysis.
• Adopt AI-enabled research tools to accelerate data gathering and modeling while maintaining rigor.
• Write reports on private and public company initiations and industry developments.

Skills

Equity Capital Markets

Investment Banking

Professional report writing

PowerPoint

Attention to detail

Work under pressure

Tech sector exposure

Education

CFA / CPA (nice to have)

Tools

Excel

Job description

Morgan Stanley in New York City seeks Analyst/Associate-level candidates for our Equity Research Department with backgrounds in Equity Capital Markets, Investment Banking, or Corporate Finance.

You will create and update research materials, write initiation reports, interact with institutional investors, and analyze industry trends. The role emphasizes rigorous analysis, data-driven modeling in Excel, and clear presentation, with opportunities to use AI-enabled tools.