Equity Research Off-Cycle Internship

In the Research division, we offer timely, integrated analysis of companies, sectors, markets, and economies, helping clients with their most critical decisions.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

The Equity Research Off-Cycle Internship Program is an opportunity to experience the culture and atmosphere in the Equity Research Division by taking on some of the roles and responsibilities of a Full-time Analyst for a short period. The Program is for six months in London and is for recent graduates. This Program has an estimated start date in 2027. There will also be opportunities to be involved in additional projects to broaden your understanding, as well as improve the productivity and efficiency of the desk.

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects.

• Gather and analyse industry data to develop an industry vision; update and build financial models on the companies and industry you follow.
• Analyse emerging trends in an industry or macroeconomy, write investment notes and report on your team's investment opinions to a sophisticated client base.
• Learn about a specific industry, how to analyse the companies within a sector and how to write to a specific audience.
• Assess relative stock valuations and review findings with senior team members, and with internal and external clients; build relationships with global colleagues, salespeople, traders and external investing clients.

• You have an excellent academic background
• You have strong analytical and numerical skills that put you at ease with financial data
• You are results-driven, and perform well under pressure and against tight deadlines
• You are committed to excellence in your work and maintain high professional and ethical standards
• You articulate complex ideas simply and summarise them effectively
• You must have recently graduated to apply
• You are a proven team player and can manage a wide range of responsibilities.

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste  into your browser.