πŸ“
Milan, Italy

2026 Investment Management Off-cycle Internship - Institutional Sales Team (Milan)

Internship
Finance
Finance
Posted:
December 28, 2025

Morgan Stanley

Investment banking and financial services
75.6
Palpable Score
Apply >view company >

In the Investment Management division, we deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors.

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Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Morgan Stanley Investment Management, together with its investment advisory affiliates, manages $1.6 trillion in assets globally as of March 31, 2025. Β Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

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MSIM Sales teams are responsible for raising capital for investment teams. Sales teams introduce prospective clients to MSIM and present investment capabilities that meet requirements specified by the client. To do this, they must understand client needs, markets and competitors, maintain strong relationships and co-ordinate communication and activities between multiple parts of the organisation. Sales teams are the key points of contact with prospective and existing clients and are the key relationship owners throughout the client lifecycle.

Sales provide coverage across the institutional and intermediary channels and are organized geographically: North America, Europe, Middle East and Africa, Latin America, Asia (ex Japan/China), Japan and China.

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Training Program

The Off-Cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Management Division by taking on some of the responsibilities and functions of a Full-time Analyst for a short period.

The internship will commence in January 2026 and typically lasts 6 months. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

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Responsibilities

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Qualifications, Skills & Requirements

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About the company

Morgan Stanley

Company overview
Morgan Stanley is a global financial services firm offering investment banking, sales and trading, wealth management, and investment management. Morgan Stanley works with corporations, governments, institutions, and individuals to raise capital, manage investments, and run financial strategies. The company also operates a large wealth management business serving individual clients and financial advisors. Morgan Stanley has expanded through major acquisitions in wealth and investment management and now runs across public and private markets.

Locations and presence

Morgan Stanley is headquartered in New York and runs offices across the Americas, Europe, the Middle East and Africa, Asia-Pacific, and Japan. Public careers pages list locations and teams globally, but do not set out a single, firmwide statement on on-site, hybrid, or remote expectations for early-career roles.

Palpable Score

75.6
/ 100
Morgan Stanley provides multiple ways in for students and new graduates, including large seasonal internship funnels plus structured development programmes in wealth management and branch operations. Morgan Stanley also publishes clearer hiring stages for some early-career tracks than most large banks, and backs early careers with training and benefits. Outcomes are mixed in public signals: there are credible stories of intern-to-full-time conversion and progression, alongside widely reported firmwide layoffs and limited published data on early-career retention or conversion rates.
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