Investment Banking · ~2-3% acceptance rate

Morgan Stanley Interview Preparation

Top-tier dealmaking with one of the longest hours cultures on the Street

~100,000+

Applications

~2-3%

Offer rate

£65,000 base

Graduate salary

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Application process

How to get into Morgan Stanley — step by step

1

Online Application

Opens August-September for summer analyst. Rolling.

Morgan Stanley values well-rounded candidates. Highlight leadership and extracurriculars alongside academics.

2

Online Assessment

Within 1-2 weeks of application

Numerical, verbal, and logical reasoning tests. SHL-style format. Timed and competitive — practise beforehand.

3

HireVue Video Interview

After passing online assessments

4-6 questions, behavioural focus. 30 seconds prep, 2 minutes per answer. They value authenticity over polish.

4

Superday / Assessment Centre

October-December

2-4 interviews plus potential group exercise. Technical questions for IB. Senior interviewers (VPs and MDs).

5

Offer

1-2 weeks after Superday

Morgan Stanley is known for fast turnaround on offers.

Interview questions

Morgan Stanley interview questions by round

Questions change at every stage. Know what to expect.

  • 1Why Morgan Stanley?
  • 2Walk me through your CV.
  • 3Tell me about a time you showed resilience.
  • 4What do you think sets Morgan Stanley apart from competitors?
  • 5Describe a time you worked under tight deadlines.

What they value

What Morgan Stanley looks for in candidates

Intellectual depth

Morgan Stanley interviews go deeper technically than many peers. Be ready to discuss valuation, accounting, and market mechanics.

Collaborative mindset

The culture is team-oriented. They look for people who elevate others, not just themselves.

Market awareness

Follow markets daily. Know what's moving and why. Have an informed opinion on interest rates, M&A trends, or sector dynamics.

Composure

Superday interviews can be intense. They're watching how you handle pressure, not just what you know.

Authenticity

Morgan Stanley values genuine interest. Scripted answers are penalised. Be yourself — with preparation.

Long-term commitment

They invest heavily in training. They want people who see banking as a career, not a 2-year stepping stone.

Compensation

Morgan Stanley salary & benefits

Graduate

~£65,000 base (~£90K total comp)

Intern

~£55,000 pro-rata

Perks & benefits

Comprehensive training programmeHealth and wellness benefitsEmployee assistance programmeGym membership subsidyRetirement planProfessional development budget

Culture & work style

What it's actually like to work at Morgan Stanley

One of the longest hours cultures — junior analysts average 78 hours/week
5 days in office
Strong training programme for analysts
Collaborative team culture — less aggressive than GS stereotype
Wealth management division is a major part of the business
Known for promoting internally
VPs earn higher base (~£185K) than competitors
Culture is evolving — more focus on wellbeing in recent years

Insider tips

How to stand out at Morgan Stanley

1

Know Morgan Stanley's dual strength in IBD and wealth management — reference both

2

Reference their recent deals, especially in sectors they lead (tech, healthcare)

3

Show genuine market interest — they want people who follow markets, not just study finance

4

Be ready for deeper technical questions than at other banks

5

Show long-term thinking — they want career bankers, not people planning PE exits in 2 years

Compare

Morgan Stanley vs competitors

FirmSalaryHoursCultureExit opps
Morgan Stanley~£65,000 base (~£90K total comp)/weekOne of the longest hours cultures — juni...
Goldman Sachs~£65K / ~£95K total70-80/weekMeritocratic, lean, intenseStrongest
J.P. Morgan~£65K / ~£95K total65-75/weekStructured, large teamsVery strong
Bank of America~£60K / ~£90K total65-75/weekImproving WLB, structuredModerate-strong
Citi~£60K / ~£95K total65-75/weekGlobal, diverseStrong

FAQ

Morgan Stanley FAQs

~100,000+ people are applying.
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