About the role#
The Institutional Equity Strats Summer Associate Program is a 10-week internship designed to give you experience working alongside full-time professionals on quantitative projects. You will join an assigned team for the duration of the program to work on trading platforms, market making operations, and derivative structuring. The program includes an introductory training week, individual coaching, and continuous feedback to help you understand a long-term career in this field.
What you'll do#
- Solve complex mathematical problems using your technical expertise.
- Create data and analytical decision-making tools.
- Conduct analysis and present research ideas.
- Develop supporting frameworks and workflows.
- Build valuation and risk management systems.
What you'll need#
- You are currently pursuing a PhD or Master's degree in Financial Engineering, Mathematics, Financial Math, Physics, Statistics, Engineering, Quantitative Finance, Computer Science, or a related quantitative field, with a graduation date between December 2027 and June 2028.
- You have strong mathematical training and a keen interest in financial markets.
- You possess excellent programming skills in C++, Java, Matlab, Python, R, or Scala.
- You have the drive to work in an intense, team-oriented environment.
- You have strong communication and decision-making skills.
Location & details#
- Location: New York, New York.
- Term: Summer 2027.
- Modality: On-site.
- Compensation: This is a paid internship with an hourly base pay rate between $72.12 and $84.14.
- Application Deadline: October 14, 2026.
About Morgan Stanley
Morgan Stanley provides investment banking, securities, wealth management, and investment management services. The firm operates in 42 countries and serves corporations, governments, institutions, families, and individuals. It maintains a global presence with over 100,000 employees. The company focuses on helping clients raise, manage, and allocate capital.
How to get in at Morgan Stanley
Securing an internship at Morgan Stanley requires speed because the volume of applicants is high. Intern Insider sends an instant alert the moment a role matching your target is published, which helps you apply among the first. Getting your application in early ensures it is seen before the pile grows too large for recruiters to manage. You can gain a significant advantage by reaching out to the recruiters behind the roles directly. Intern Insider surfaces these contacts so you can ask about the role or a referral, which often improves response rates compared to submitting through a general queue.


