2027 Sales & Trading Summer Analyst Programme (London)

Sales & Trading Summer Analyst Program

In the Prime Brokerage and Institutional Equity division, we provide clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha. In the Fixed Income division, we work in fast-paced, constantly changing global markets to assess and manage risk, trade securities, manage client relationships, and structure and execute innovative transactions.

Since 1935, Morgan Stanley has been a global leader in financial services, continuously evolving and innovating to better serve clients and communities in more than 40 countries.

Placement and Duration

The 10-week Sales & Trading Summer Analyst Program offers an opportunity to experience the culture and atmosphere of Morgan Stanley Sales & Trading by taking on responsibilities and functions of a full-time Analyst during the summer period.

Summer Analysts will undertake rotations across Institutional Equities and Fixed Income, experiencing a range of roles across the divisions, including Sales, Trading, and Structuring. Throughout the summer, Analysts will receive regular evaluation and feedback to identify where their skill sets are best placed.

Training Program

The Program begins in June with one week of intensive classroom training, including an introduction to Morgan Stanley followed by division-specific training.

In addition to rotations, Summer Analysts will receive broader exposure across all of Sales & Trading through weekly mini-rotations, individual and group project assignments, a senior management speaker series, and networking events. All Summer Analysts will be assigned a dean and a buddy for support.

Responsibilities

• Actively participate in projects and work tasks assigned by each desk rotation.
• Shadow experienced Morgan Stanley employees to gain a broader understanding of the different functions.
• Gather market data to analyse trends and participate in stock pitches and trading simulations.
• Draft presentations and pitches for a wider audience within the Firm and the financial services industry.
• Attend team discussions and client meetings.

Qualifications, Skills, and Requirements

• Fluent in English; ability to communicate effectively in another language is an advantage.
• Strong analytical and numerical skills and comfort working with financial data.
• Results-driven with the ability to perform well under pressure and against tight deadlines.
• Proven team player with the ability to manage a wide range of responsibilities.
• Able to articulate complex ideas simply and summarise them effectively.
• Committed to excellence and able to maintain high professional and ethical standards.
• Excellent academic background, on track to achieving a 2:1 (or equivalent) degree.
• Penultimate student (including Masters) with outstanding academic achievements; on track to achieve a minimum of 2:1 honours degree (or equivalent) in any degree discipline, with a strong interest in the financial markets.
• Study in a financial discipline is not essential, but strong aptitude for numbers is required.

Application Deadline

The deadline for application is Monday 19th October 2026. Morgan Stanley recruits on a rolling basis, so applications are encouraged as soon as possible.

It is essential to provide accurate details in the application forms, including an up-to-date CV and cover letter, as updates after submission cannot be guaranteed. If editing is permitted, it may cause significant delays to your candidacy.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage, and allocate capital for our clients to help them reach their goals in a differentiated way. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—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.

You will have the opportunity to work alongside top talent in an environment where you are supported and empowered. Our teams are collaborative and creative, supported by diverse backgrounds and experiences. We also offer comprehensive employee benefits and perks, along with 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: https://www.morganstanley.com/about-us/global-offices