Morgan Stanley - undergraduate internships offered

Approximate number of positions in Europe, 2004:

130 or more. All are in London, except for 10 which are in Frankfurt in the Investment Banking Division (including Global Capital Markets).

Minimum academics:

2.1 in the UK or equivalent.

How to apply:

Only through www.morganstanley.com/careers, through an online application form.

When to apply:

October 1, 2003 up to January 30th, 2004.

Percentage of interns from Continental Europe, 2003:

24% from Continental European universities.

Conversion rate (% of interns offered a full time position, 2003):

46%.

Percentage of graduate vacancies filled by summer interns, 2003:

68%.

Ratio of applicants to positions (2003):

41:1

Length and dates of internships, 2003:

All are 10-week programmes (except Fixed Income is 8-week programme)

All start June 28, 2004.

Training offered during internship:

Firmwide induction covering, firm policies and procedures. Also cross-divisional lunch time seminars covering all areas of businesses, technology training, division-specific product training,

accounting and tax, financial modelling, division-specific training, team-building exercises.

In some instances a "mentor" will be assigned to help you integrate as quickly as possible in to the role. Progress updates and feedback will be part of the programme.

Methods of assessment (ie. formal examination, presentation etc.):

All divisions conduct first round interviews. This is followed by an assessment centres. Assessment centres utilise group exercises, role-plays, numerical and verbal psychometric testing and further interviews.

Pay

No information disclosed