In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha. 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.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Placement and Duration

The Sales & Trading Off-Cycle Internship Program is an opportunity to experience the culture and atmosphere in the Sales & Trading Division by taking on some of the roles and responsibilities of a Full-Time Analyst. The program length varies between three, six or twelve months, depending on business needs and candidate availability. You will be assigned to a specific desk, where you will undertake work which directly supports delivering exceptional ideas to our clients. There will also be opportunities to undertake additional projects to broaden your understanding of global markets, as well as improve the productivity and efficiency of the desk. This Off-Cycle internship is available in our Morgan Stanley Zurich office.

Training Program

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. You will gain an understanding of the Market, of thematic trends, valuation methods and of how Sales select ideas depending on their client needs.

Role and Responsibilities

Analysts are hired onto specific desks where they remain for the duration of their program. You will get exposure to a wide range of tasks and responsibilities and depending on the desk requirement, duties may include:

• Working with colleagues who manage client relationships by communicating value-added ideas to their clients based on their own opinions and the Firm's research.
• Work on trades or stock pitching ideas; write investment cases by looking at competitive advantages, sector specificities and valuations.
• Work with related teams: Sales Trading, Research and Cross-Asset Teams to gather colour for clients on specific trends and day-to-day flow.

Qualifications and Skills

• You have strong analytical and numerical skills that put you at ease with financial data.
• You are curious and eager to exchange with people.
• You are a proven team player and can manage a wide range of responsibilities.
• You are committed to excellence in your work and maintain high professional and ethical standards.
• You articulate complex ideas simply and summarise them effectively.
• You have an excellent academic background and fluency in English, German, French and Swiss.

Application Process

The application deadline for this position is 26 October 2025, we recruit on a rolling basis so application is encouraged as soon as possible. We aim to review all applications within a timely manner, however our response times may vary due to high volumes. Please be assured that you will receive an update via email as soon as a decision on your application has been reached, and kindly note we are unable to accommodate any requests to accelerate the timelines of our application process.

What you can expect from Morgan Stanley