Landing an investment banking analyst role at Morgan Stanley is no easy feat. The interview process is rigorous and competitive, requiring strong technical skills, mental agility, and composure under pressure. By understanding what Morgan Stanley looks for and thoroughly preparing, candidates can maximize their chances of receiving an offer. This article provides an overview of how to succeed in a Morgan Stanley investment banking analyst interview.
Research the firm’s culture and values
Thoroughly research Morgan Stanley’s culture, values, focus areas, deals, and current events. Understand why you are a good fit with the firm’s principles and what you can contribute. Show genuine interest in the company.
Master technical skills
Expect highly technical questions on accounting, valuation, M&A analysis, DCF modeling, LBO modeling, comparables, precedent transactions, trading, and markets. Master the technical skills through practice cases and know them inside out.
Prepare stock pitches
Practice developing and presenting stock pitches on various companies. Be able to analyze the company, industry, competitors, financials, valuation, catalysts, and risks to build a compelling investment case.
Anticipate behavioral questions
Be ready to articulate your strengths, weaknesses, leadership experiences, teamwork examples, and motivation for investment banking. Have clear, concise stories that highlight desired qualities.
Practice modeling tests
Many applicants are given modeling tests during interviews. Become an Excel expert and practice building models for DCF, LBO, M&A, trading comps etc under time pressure.
Preparing thoroughly for the technical, behavioral, and modeling aspects of Morgan Stanley’s investment banking analyst interview process is critical to success. Applicants who research the firm, master the requisite skills, and practice articulating compelling stories about themselves are most likely to receive offers.