About the role#
This 10-week summer internship at Parametric, a part of Morgan Stanley Investment Management, provides hands-on experience in financial services. You will contribute to real projects, collaborate with professionals across the firm, and gain exposure to various areas of the business. The program includes learning sessions, networking, and professional development. You will also complete a capstone project to present to business leaders at the end of the summer.
What you'll do#
- Construct and manipulate large data sets for quantitative analysis.
- Conduct back-testing and data analysis.
- Research current market trends and the investment environment.
- Develop and maintain investment algorithms.
- Assist investment professionals in building and maintaining models that support investment strategies.
- Contribute to the research culture by asking questions, challenging assumptions, providing feedback, and engaging in debate.
- Complete a final capstone project.
What you'll need#
- You are a current student pursuing a Bachelor's, Master's, or PhD in finance, economics, statistics, mathematics, computer science, or a related field.
- Your expected graduation date is between December 2027 and June 2028.
- You must be actively enrolled in school and returning to your academic program after the internship.
- Proficiency in Excel.
- Understanding of a data modeling coding language, with Python preferred.
- Ability to work with large data sets.
- Strong verbal and written communication skills.
- An interest in investment and financial markets.
- Ability to work both on a team and autonomously.
Location & details#
- Location: Minneapolis, Minnesota.
- Term: Summer 2027 (June 1, 2027, to August 10, 2027).
- Work Modality: Hybrid.
- Employment Type: Full-time internship.
- Compensation: $33.50 per hour.
- Note: This position is not eligible for medical benefits or relocation and housing support.
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.
