Fixed Income Sophomore Summer Analyst

Morgan Stanley; New York (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

An established industry player offers a dynamic 10-week Fixed Income Sophomore Summer Analyst Program, designed to immerse students in the fixed income market. Participants will engage in hands-on training, rotating through various areas such as sales, trading, and strategy, while honing their analytical and communication skills. This program not only emphasizes professional development but also values diversity, seeking candidates from underrepresented backgrounds. Join a team committed to fostering an inclusive culture and gain invaluable insights into the financial services sector.

Qualifications

• Currently pursuing an undergraduate degree with a graduation date of December 2026 or Spring 2027.
• Minimum GPA of 3.0 required.

Responsibilities

• Building and maintaining client relationships in sales.
• Generating trade ideas and supporting market-making in trading.
• Developing investment recommendations through research in strategy.

Skills

Analytical Skills

Communication Skills

Leadership

Teamwork

Adaptability

Education

Undergraduate Degree (Sophomore)

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 commitment to diversity is demonstrated through programs like the Sophomore Summer Analyst Program, which targets individuals from underrepresented backgrounds in the finance industry.

Job Description

The Fixed Income Sophomore Summer Analyst Program at Morgan Stanley is a 10-week program designed to provide students with a comprehensive understanding of the fixed income market and the firm’s business. The program includes classroom training and rotations across various fixed income areas, such as:

Responsibilities:

• Sales: Building and maintaining client relationships, creating investment ideas, selling and cross-selling the firm’s products, and representing the firm in client interactions on key business issues.
• Trading: Generating trade ideas, supporting market-making and trade execution, and providing research analytics on trades and relative value analysis.
• Strategy: Developing investment recommendations on fixed income securities through market fundamentals and technical research.
• Structuring: Building valuation models to help optimize transactions and assess sources of value and risk.

Training Program:

The program starts with a one-day orientation introducing new hires to the firm’s businesses and culture, followed by division-specific training on core skills for fixed income sales and trading, including daily market updates and technical training.

Qualifications:

Applicants must:

• Be currently pursuing an undergraduate degree (sophomore) with a graduation date of December 2026 or Spring 2027
• Have a minimum 3.0 GPA
• Have a strong interest in finance and markets
• Possess analytical and adaptive skills
• Demonstrate a strong work ethic, leadership, and teamwork abilities
• Exhibit excellent oral and written communication skills

Morgan Stanley values diversity and actively seeks candidates from various backgrounds, including women, Hispanic and Black candidates, veterans, disabled individuals, LGBTQ+ individuals, first-generation college students, and those from economically disadvantaged backgrounds.

Compensation:

The base pay rate is approximately $36.06 per hour, with total compensation potentially including bonuses, incentives, and benefits, determined on an individual basis.

Equal Opportunity Employer:

Morgan Stanley is committed to creating a diverse workforce and prohibits discrimination and harassment based on protected characteristics.