Institutional Equity Division - Quantitative and Investment Strategies Strats Spring/Fall Intern Program (Start ASAP)

About Morgan Stanley

Since its founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services.

Your role

The Institutional Equity Division internship is a 6-month program designed as an opportunity to learn more about the important role that the Institutional Equity Division plays within Morgan Stanley. This structured internship is designed to give insight into the QIS Strats within the Institutional Equity Division and an opportunity to develop and master the analytical, quantitative, and interpersonal skills needed to develop an exciting and rewarding career. 

Roles and responsibilities for interns:

• Automating the line-up comparison based on logging
• Extraction of information from backtest XMLs, prod XMLs, or Havana docs, to present in a single readable and customizable form
• Build data dependency trees of indexes together with database queries associated
• Bottom-up calculation of trading calendars (and the scrubbing of trading calendars)
• Basket backtest with assumptions on underlying backfills (which are often done in a manual manner)
• Basket asset exposure explanation/classification

Training & development 

Interns at Morgan Stanley India receive comprehensive training and development, including orientation, on-the-job training, mentorship, workshops, networking opportunities, performance feedback, and potential full-time job offers, ensuring a valuable learning experience and a pathway for career growth.

Benefits

They provide the following benefits

• Health Care & Insurance
• Life Insurance
• Vacation & Paid Time Off
• Maternity and paternity Leave
• Work From Home options 
• Student loan refinancing for you, your family, and your friends
• Cash management, securities-based loans, and home financing solutions with options for each stage of your life.

Career progression

Interns at Morgan Stanley India typically progress from their internship to potential full-time positions, with opportunities for advancement into roles such as Analyst, Associate, and beyond as they gain experience and demonstrate their capabilities within the organization.

Work-life balance

Regarding work-life balance, Morgan Stanley adheres to a typical Monday to Friday schedule from 11:30 a.m. to 8:30 p.m. IST, but they provide flexibility for time-sensitive tasks, including Indian public holidays. Employees can enjoy flexible working hours, including the option to work from home. Morgan Stanley maintains a five-day workweek, with an average of 55 working hours.

Culture & vibe  

At Morgan Stanley, you'll find a vibrant and multifaceted atmosphere where individuals collaborate closely with colleagues from diverse functions and the Business Unit in onshore regions. Analysts at Morgan Stanley often highlight the satisfaction of working alongside intelligent and motivated peers and the constant professional challenges as some of the most rewarding aspects of their tenure.

About you

Education, skills, and qualities required:

• You are pursuing an undergraduate or Master’s degree in your penultimate year of study.
• Computer Science, Mathematics/Engineering related studies preferred.
• Strong coding skills – Python, C++, Java (mandatory), and KDB (preferred, but not mandatory).
• A genuine interest and understanding of the financial markets.
• Fluency in English and strong oral/written communication skills are required.
• Candidates should be analytical, insightful, quick learners, team players, and multi-taskers, with a positive attitude.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Sources

The following source was used in researching this page:

• Morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• youtube.com