In the Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.
Internship Programs
The Fixed Income Division’s Industrial Placement Program is designed for undergraduate students who are either required by their degree or able to participate in a 6-month or 10-week internship. Industrial Placement Analysts will receive on-the-job training, benefit from working alongside experienced professionals on meaningful projects, and build their skillsets in a dynamic and evolving environment. In addition, the programs feature a Senior Management Speaker Series, desk teach-ins, networking events, community service, performance reviews, and a robust mentorship program.
Industrial Placement Analysts start with a one-day orientation that introduces them to the Firm’s businesses and provides insight into working at Morgan Stanley. Afterward, they participate in Sales & Trading division-specific training, where they develop essential core skills. The training includes daily market updates, business overviews, and foundational product and technical instruction.
Role and Responsibilities
- Sales: Understand how a client base is developed and maintained; create investment ideas; learn how we sell and cross-sell the Firm’s products; represent the Firm when interfacing with clients on important business issues
- Trading: Assist in generating trade ideas and analysis; support all aspects of the market-making and trade execution process, from providing research analytics on trades to relative value analysis
- Structuring: Learn how to build valuation models to help issuers and investors optimize a transaction’s economics, and quantify sources of value and risk
Qualifications and Skills
- Education: Currently pursuing a Bachelor’s or Master’s degree, with expected graduation between October 2027 and July 2028
- Interest in Finance: Demonstrated a keen interest in finance and financial markets, particularly in fixed income
- Analytical & Adaptable: Highly analytical and adaptable, able to multitask effectively in a fast-paced environment; a collaborative team player with a strong work ethic
- Communication: Excellent interpersonal skills and strong verbal and written communication abilities
- Language: Fluency in English is required; proficiency in an Asian language is preferred
Internship Period
- Industrial Placement Program: 6 months between January and July 2027
Application Process and Deadline
Application process may vary by location but typically follows:
- CV Assessment
- On-Demand Video Interview
- Zoom Interview
- Superday
- Application deadline #1: Sunday, August 16, 2026 at 23:55 HKT / SGT
- Application deadline #2: Sunday, September 27, 2026 at 23:55 HKT / SGT
We recruit on an ongoing basis, so we encourage you to apply as soon as you are ready.
What you can expect from Morgan Stanley
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – aren’t just beliefs, they 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also 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, please visit: https://www.morganstanley.com/about-us/global-offices.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
