# 2026 Investment Banking Strats Fall Associate Program (New York)

[Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) · New York · United States · [Investment Banking](https://www.jorb.ai/jobs/investment-banking.md)

Morgan Stanley is hiring a 2026 Investment Banking Strats Fall Associate Program (New York) in New York. Posted 2026-04-14; applications close 2026-06-13.

**Apply**: https://morganstanley.tal.net/vx/lang-en-GB/mobile-0/brand-2/xf-2f10bdfe444b/candidate/so/pm/1/pl/1/opp/21187-2026-Investment-Banking-Strats-Fall-Associate-Program-New-York/en-GB

Posted 8d ago.

## Role details

## Overview

Morgan Stanley is a worldwide leader in investment banking, consistently recognized for performance in mergers & acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. With professionals in 30 countries, we support clients in making strategic and financial decisions. Our New York City office is seeking Strats Interns for the Investment Banking Division to combine financial engineering, mathematical modeling, and computer science to conduct rapid quantitative analysis on capital markets transactions and optimize complex hedging strategies for internal and external clients.

## Program Details

  
- 12-week in-person program at Morgan Stanley’s headquarters in New York.
  
- Placement in the Investment Banking Division (IBD) Strats Group.
  
- Fall programming includes sessions on accounting, industry and product-specific training, introduction to Morgan Stanley proprietary analytical tools, and an overall introduction to the Firm.
  
- Mentors to aid development and provide exposure to IBD.
  
- Flat structure with a high level of responsibility early in the career.

## Responsibilities

  
- Create and maintain data-driven analytics and financial models to advise clients on strategic needs.
  
- Analyze transaction data, client behavior, and market activity to support M&A, IPO, and capital-raising pitches.
  
- Collaborate with sector coverage, sponsor coverage, and M&A teams to provide differentiated analysis and help source new clients.
  
- Develop and maintain critical business reporting solutions for desks and senior management.
  
- Build dashboards and tools for bankers, including pipelines for ingesting, cleaning, and transforming financial and alternative datasets; collaborate with engineering teams to ensure scalable and efficient systems.

## Qualifications

  
-  Pursuing a Master’s degree in Financial Engineering, Mathematics, Applied Mathematics, Physics, Statistics, Quantitative Finance, Computer Science, Electrical Engineering, Economics, or related quantitative discipline.
  
-  Graduation expected in March 2027.
  
-  Keen interest in financial markets.
  
-  Excellent quantitative skills and programming ability in a major language.
  
-  Outstanding verbal and written communication skills.
  
-  Ability to work with urgency while maintaining attention to detail.
  
-  Drive and desire to work in a team-oriented environment.
  
-  Working knowledge of Q/KDB, Python, Java, or Scala, with a desire to learn new techniques.

## Compensation & Inclusion

Base pay will be $72.12 per hour at the start of employment. Base pay is part of the total compensation package, which may include discretionary bonuses and other Morgan Stanley-sponsored benefit programs. Morgan Stanley is an equal opportunity employer and is committed to diversifying its workforce. Our recruitment aims to attract and retain the best talent from all pools and to ensure equal employment opportunity regardless of race, color, religion, creed, age, sex, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital or civil partnership status, pregnancy, veteran or military status, genetic information, or other protected characteristics.

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Updated: 2026-04-22
Canonical: https://www.jorb.ai/jobs/69de6cb9c2e52d1728ceb41b