How to Pursue Industrial Training at Morgan Stanley?

Morgan Stanley is a banking and financial services company headquartered in Midtown Manhattan, New York City, started at 1585 Broadway, it was legally founded on 5 September 1935. 

The firm's clients include corporations, governments, institutions, and individuals, with offices in more than 42 countries and over 60,000 employees. 

Well, less or more everyone knows about it and as a reader of this article, I assume that you must be aware of this company. 

So, let us start with the process to getting there as an intern. 

Here we are going to tell you the detailed process, duration, test, interview, and all other things you need to know to pursue Morgan Stanley CA industrial training.

All You Need To Know About Morgan Stanley CA Industrial Training:

Let's begin with the application process, as this is how you will be enrolled as an intern at the company.

• The Application Process

Internships can be applied for online.

Morgan Stanley has an official careers page where you can apply for summer internships. When applying to Morgan Stanley online, students must include their graduation date, CGPA, and a cover letter. This is regarded as the most common way to apply for an internship. 

• Placement on Campus 

Morgan Stanley hires a lot of students from IITs and IIMs. 

If you study at one of the prestigious institutes in India, then there are good chances that you may get an opportunity to have CA industrial training at Morgan Stanley.

For that keep in touch with the recruitment cell at your college or university. 

• Employee Recommendation

Ask a friend or family member who works at Morgan Stanley to recommend you for an internship. You can also use LinkedIn to connect with their employees. This is the simplest approach, and it is not guaranteed to work. 

Though there are many interns at Morgan Stanley who have opted for Morgan Stanley CA industrial training, they have successfully completed their professional industrial training across various domains of knowledge.

What is the Internship like at Morgan Stanley?

The program is designed to produce highly driven technologists who collaborate with businesses to use technology to solve complex problems. 

You will go through a training program that includes both technical training and an overview of the financial services industry once you join. 

Along the way, there are senior manager presentations and professional skills seminars to give you a well-rounded experience. Analysts work on live projects for 2–6 months, sponsored by business-aligned technology groups looking for technical solutions to real-world problems. 

Projects are created to incorporate business concepts and technical skills, strengthen values through teamwork, and facilitate the transition to future workgroups. Senior management is presented with the projects, which give participants firsthand experience working on a project.

There are different types of internships available 

Morgan Stanley's Mumbai and Bengaluru offices offer internships to students pursuing bachelor's, master's, or Ph.D. degrees in computer science and related disciplines of engineering, as well as MBAs. 

Summer analyst and off-cycle internships are two types of internships. The former accepts applications for summer internships at Morgan Stanley, while the latter accepts applications all year.

Morgan Stanley offers internships in areas such as technology and data analysis to engineering students. The technical internships run for six months, beginning in January and ending in July. 

The next round of hiring occurs in May when the company employs interns for a two-month period. Internships are available in areas such as operations, financial services, human resource management, finance, merchant banking, and real estate for management students. 

Internships in management typically last ten weeks. Morgan Stanley pays a stipend of $25k to $35k per month.

So, now you know a plethora of things about the company, the process of application, and the type of internship. It's time to get through what the very next thing will be once you applied for the internship? 

What after applying to an internship at Morgan Stanley? 

If you applied for a technical internship, the shortlisted candidates will be contacted for a phone interview or an online test. 

The online exam includes 20 multiple-choice questions (MCQs) on probability, statistics, data structures and algorithms, operating systems, and OOP concepts, as well as four programming questions. 

The recruiter then asks you a few questions about your previous work experience and projects, as well as a bunch of technical questions about OOPs, data structures, and dynamic programming in a technical interview.

Important Questions for the Preparation of the Interview. 

1. What are the differences between stacks and queues?
2. Using call stack, explain call by value and call by reference.
3. Print all the boundary nodes in a binary tree.
4. Arrays or linked lists: which do you prefer for stack implementation?
5. How will you get out of a bind?
6. What is the difference between friend class and friend function? When do they come into play?

The Morgan Stanley HR interview questions are fairly standard, for example:

1. Why are you interested in working for Morgan Stanley?
2. What makes you so special that we should hire you?
3. Tell us about Morgan Stanley and what you know about it.
4. What are your professional objectives?

Prepare to be grilled if you're a management student applying for a Morgan Stanley investment banking internship. You'll be asked questions like - this during your investment banking interview.

1. What are financial statements and how do they relate to one another?
2. Take me through the DCF process.
3. What are the various methods for valuing a business?
4. Is it better for the company to buy another company in cash or in stock?
5. What is the difference between accretion and dilution?
6. What is the difference between a discounted rate and a regular rate?
7. What is the best way to combine balance sheets in an acquisition?

What does Morgan Stanley expect from you? 

Only those candidates who meet the following criteria are eligible to apply:

• are available for a full-time internship (in-office)
• possess skills and interests that are relevant

Instead of these two, there are some other requirements as well which are given below: 

• You must have a strong interest in and aptitude for technology, as well as excellent problem-solving abilities.
• You should be fluent in at least one programming language (Java, C++, C#, C), have a strong understanding of algorithms and data structures, and preferably be familiar with OOPS and Unix.
• You should have a strong academic record, as well as experience working in summer jobs, internships, and extracurricular activities, as well as strong communication and interpersonal skills to work and interact with others

What to expect once selected for an internship

At Morgan Stanley, interns are divided into teams and assigned a junior and a senior mentor. Work schedules are fairly flexible. Morgan Stanley interns get a lot of exposure to senior executives and on-the-job training, as well as a lot of networking opportunities.

After a series of interviews, interns who substantially improved well and develop strong bonds with their teams are offered a pre-placement offer. Morgan Stanley internships offer extensive learning opportunities as well as feedback sessions to help you improve. 

Finally, now you know all the information about the internship and have a better understanding of Morgan Stanley's hiring process, apply for one of their summer analyst programs and secure a summer internship with the firm.

Thanks for Reading!