2025 Investment Banking Summer Associate Program (San Francisco Industrials)

Morgan Stanley is a worldwide leader in investment banking. We are one of the top firms in mergers & acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. With professionals in 30 countries, we are consistently recognized for our performance in traditional and innovative financing solutions, helping clients around the world to make decisions about their business strategy and financial structure.

Role and Responsibilities

Our San Francisco office is looking for Summer Associates to join our Investment Banking team. The successful candidate will have the opportunity to work with leading industrial technology and services companies and will gain hands on experience in leading and executing transformational transactions including acquisitions, divestitures, mergers, IPOs, recapitalizations, leveraged buyouts, public and private capital raises, and strategic advisory assignments. The successful candidate will have the opportunity to work on highly technical assignments and engage closely with professionals across different parts of the bank, including other investment banking teams and product groups to deliver high quality advice to clients.

Role and responsibilities of a Summer Associate vary but may include:

• Performing financial analysis, strategic business analysis and detailed industry research.
• Managing and assisting in the execution of corporate finance transactions.
• Contributing to team discussions and client meetings.
• Preparing and delivering client presentations in a clear and compelling manner.

Qualifications and Skills

• You are an MBA or a J.D. student graduating between December 2025 and June 2026.
• You have at least two to three years of work experience (preferred).
• You can manage multiple projects, provide complicated financial analysis, and develop appropriate corporate finance solutions.
• You have excellent analytical and decision-making abilities.

Expected base pay rate for the role will be $84.13 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Job Level

Summer Associate

Program

Summer Associate