Morgan Stanley Hiring Process: Job Application, Interview, and Employment
The hiring process at Morgan Stanley involves various stages, including job application and interview where you will be expected to successfully answer certain questions to be hired.
This post provides exhaustive information on the recruitment process at Morgan Stanley to increase your chances of gaining employment with the company.
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Morgan Stanley Company Overview
Morgan Stanley is an investment bank and a financial services firm. It is an American investment bank that has branches in about 42 countries with over 60,000 employees.
The firm serves corporations, governments, institutions, and private individuals.
It is ranked at number 67 in the 2018 Fortune 500 list of largest companies in the United States of America by total revenue.
Morgan Stanley was founded by Henry Sturgis Morgan, Harold Stanley, Dean G. Witter, and Richard S. Reynolds, Jr. in 1924 as Dean Witter & Co.; 1931 as Reynolds Securities, and 1935 as Morgan Stanley.
Morgan Stanley has its headquarters at Morgan Stanley Building, New York City, New York in the U.S.
Though based in the United States, its services are highly sought after all over the world.
As a firm in the financial services industry, Morgan Stanley offers the following service: Investment banking, Sales and trading Commodities, Prime brokerage, Wealth management, and Investment management.
Morgan Stanley Hiring Process
The hiring process at Morgan Stanley consists of different processes or stages.
These include submission of application for a job to the official website, interview, written test, etc.
So, below are the major processes you should expect to go through if you are seeking employment with Morgan Stanley:
1. Morgan Stanley Job Application Process
To get a job at Morgan Stanley starts with the submission of a well-crafted resume or CV and cover letter to the official website of the bank at www.morganstanley.com.
You should submit your resume or CV before the deadline for applications.
Some of the requirements in your resume/CV should be good academic credentials and an actual or expected 2.1 in your degree.
Your cover letter should contain a well-drafted reason why you want to join the workforce in Morgan Stanley and which position you intend to occupy.
Your application could include some open-ended questions depending on the position you are vying for.
To this end, it will be in your best interest to take some practice tests to get yourself acquainted with the format and context before the real test.
2. Morgan Stanley Interview Process
To get to the interview stage is dependent on having your application deemed good enough by the hiring team at Morgan Stanley.
If your application is successful, you will be contacted by a hiring representative of the bank via phone call or video conferencing, depending on your location or division.
Phone call is the first stage of the interview which should usher you into the next stage which is the one-on-one interview.
The interview comes with written tests, an individual presentation, and a group exercise.
This simply means that you must have both presentation and teamwork skills to scale through this stage.
Since the success of the Company is highly dependent on the individual and team performance of its employees, the goal is to match the right candidates with the right jobs.
Here are some sample questions to deal with in regards to the interview at Morgan Stanley.
These questions will help get you up to speed for the interview.
Morgan Stanley Interview Questions
Some of the questions you can expect to be asked at Morgan Stanley interview are given below:
- Have you ever succeeded in making someone change their opinion about an issue? If yes, how did you do it?
- What can you say is your greatest achievement in life?
- How would your fiercest rival describe you?
- What makes you think you are the best for this job?
- How do you pacify someone you upset in the workplace?
- What are your expectations in this job?
- Why did you choose Morgan Stanley?
- What do you intend to do if you are not given this job?
- What are the factors you put in place to decide which offer to take up from different banks?
- Integrity or authority, which do you prefer?
- What do you do when you are running out of time to complete a project?
- Do you have any question for Morgan Stanley hiring team?
Morgan Stanley Jobs and Careers
There are various positions you can consider before applying at Morgan Stanley.
There are provisions for internship and jobs for full-fledged professionals of different qualifications. Note that some of these opportunities are time bound and location based too.
So, here are few careers you can consider going for at Morgan Stanley:
- Global Risk & Compliance
- Global Finance & Business Management
- Corporate responsibility
- Data & Analytics
- Human Resources
- Capital Management
- Marketing & Communications
- Risk Management
- Treasurer & Chief Investment Office compliance.
What to Expect Working for Morgan Stanley
It is a well-known fact that salary remains the basic motivation for many workers in their jobs.
While some corporations pay well, some go beyond good salaries to more meaningful incentives.
Morgan Stanley falls into the latter group.
Some of the incentives you can look forward to as an employee of Morgan Stanley include:
- Good wellness programs for employees
- Student loan management
- Disability insurance
- Paid maternity leave
- Paid vacations up to 20 days in a year
- Healthcare insurance plan.
Landing a job at Morgan Stanley is sure to be one of your greatest success stories; something you long for and hopefully can achieve. It all starts with a step.
The first step is to submit your job application at the Bank’s official website and follow through with the rest of the recruitment process as highlighted on this page.
Job Assessment Tests: How to Top Your Competition
As part of the hiring process, most applicants that passed the initial Resume/CV screening phase are required to pass an assessment test for the job or apprenticeship position they are applying for.
The goal of this phase is to determine if the candidate has the appropriate set of skills and qualities to excel on the job.
Find out the tests you will be needing to take for the position you are applying for; get lots of success proven Practice materials to prepare with now: Sure way to make high scores in job tests.