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Morgan Stanley

Equity Research Intern

InternshipIn OfficeMumbai, Maharashtra3 months26K/mo2 openingsImmediate / Rolling
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About this internship

Morgan Stanley has an open Equity Research Intern position in Mumbai for motivated freshers and final-year students. You will work on live financial data, learn the controls a investment bank operates under, and finish with work you can genuinely talk about in interviews. About the role As a…

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Skills you'll use

Equity ResearchFinancial Statement AnalysisMS ExcelSector ResearchValuationBloomberg / Refinitiv BasicsReport WritingCapital MarketsData VisualisationCritical Thinking

What you'll do

  • Support company and sector research, earnings analysis and investment notes alongside the core investment bank team
  • Work in Excel and internal systems on live financial data
  • Prepare schedules, reconciliations and reports for senior review
  • Research companies, customers, products or regulations as required
  • Present analysis clearly in notes and decks for stakeholders
  • Follow documentation and control standards required in a regulated business

Who can apply

  • Pursuing or recently completed MBA (Finance)/CFA L1/M.Com/B.Com (Hons)/Economics — 2026 freshers & final-year students welcome
  • Working knowledge of Equity Research, Financial Statement Analysis, MS Excel (or a genuine willingness to learn them)
  • Strong numerical ability and comfort working in MS Excel
  • Care with detail and the discipline to document work properly
  • Clear written and verbal communication in English
  • Based in or willing to work from Mumbai, Maharashtra

Perks & benefits

Live project experience on real financial dataExposure to BFSI systems and reporting toolsPre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior finance professionals

Interview & selection process

2 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Online aptitude & numerical reasoning assessment

About Morgan Stanley

Morgan Stanley is a investment bank operating in India's banking and financial services sector, with an active presence in Mumbai. Its work sits inside a regulated environment — which means interns here learn not just how a number is produced, but why it has to be produced that way, documented that…
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