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Morgan Stanley

Equity Research Intern

InternshipHybridHubballi, Karnataka3 months20K/mo15 openingsImmediate / Rolling

About this internship

Morgan Stanley is hiring an Equity Research Intern in Hubballi — a hands-on, mentor-led internship built for students and 2026 freshers who want real exposure to equity research rather than a certificate-only programme. About the role As an Equity Research Intern at Morgan Stanley, your core focus…

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Skills you'll use

Equity ResearchFinancial Statement AnalysisValuationExcel ModellingIndustry ResearchAnnual Report AnalysisReport WritingBloomberg or ScreenerPeer ComparisonPresentation

What you'll do

  • Work on reading annual reports properly, modelling a company, and writing a view you can defend with numbers alongside the core team
  • Apply Equity Research, Financial Statement Analysis, Valuation, Excel Modelling to live, production-facing problems
  • Document your work clearly for reviewers and stakeholders
  • Participate in reviews and act on the feedback you receive
  • Collaborate across engineering, product, design or business as required
  • Follow the team's quality, testing and documentation standards

Who can apply

  • Pursuing or recently completed B.Com/M.Com, BBA/MBA (Finance), CA/CFA (any level) or Economics graduate
  • Graduating batch 2025, 2026 or 2027 — final-year students and recent graduates welcome
  • 60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
  • Working knowledge of Equity Research, Financial Statement Analysis, Valuation (or a genuine willingness to learn them)
  • Exposure to Excel Modelling, Industry Research, Annual Report Analysis is an advantage
  • Clear written and verbal communication in English, and care with detail in your work
  • No prior work experience required — this is a fresher-friendly internship
  • Based in Hubballi, Karnataka or willing to work from there for the internship period

Perks & benefits

Internship CertificateLetter of RecommendationMentorship from a named mentorLive project experienceExposure to professional tools and workflowsStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

4 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Online aptitude / domain assessment
  3. 3Technical interview on fundamentals and your projects
  4. 4HR discussion — stipend, start date, expectations and offer

About Morgan Stanley

Morgan Stanley operates in the investment banking sector and has an active presence in Hubballi. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch it from a…
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