Morgan Stanley interview questions, and how to answer

Morgan Stanley says its interviews find out who you are, what motivates you and whether you understand its business and the job. Expect its standard questions, tell me about yourself, why our firm and why this position, and have a compelling reason for the industry, the firm and the division.

Updated

  • A HireVue with the application. Its summer analyst postings count an application as complete only once the HireVue is done.
  • Short answers on video. Morgan Stanley's recruiters say short, concise answers are best, and don't read from a script.
  • Six common questions. Its Vice Chairwoman Carla Harris explains the subtext of each one.
  • Five core values. Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, give back.
  • Know one or two areas well. It doesn't expect you to know every market, only to speak with conviction about a couple.

What Morgan Stanley says it looks for

From its interview preparation page and its recruiters' advice:

  • Who you are and what drives you

    It uses interviews to find out who you are and what motivates you, and wants the real you, not a rehearsed version.

  • A reason for this industry, firm and division

    It asks for a compelling reason for all three, and says a passion for learning and collaboration is what sets it apart.

  • Knowing the business

    Its history, integrated capabilities, core values and how it is organized. For banking, the firm's recent deals.

  • How you work through a problem

    It doesn't always expect the right answer. It wants to see how you work through a scenario.

From Morgan Stanley's interview preparation page and its 10 biggest interview mistakes.

How the Morgan Stanley process runs

For student programs, from Morgan Stanley's own pages. Details change by program and region.

From application to super day
  1. Step 1

    Application and HireVue

    Its 2027 Institutional Equity summer analyst posting counted an application as complete once the candidate had submitted it and done a HireVue, sent by email after applying.

  2. Step 2

    Video screening

    More roles, including in its North America and Asia offices, use live or recorded video in screening. Recruiters say a good video makes an assessor want to meet you.

  3. Step 3

    Interviews

    Competency, strengths based, skills based or technical, depending on the job.

  4. Step 4

    Super day

    A day of several interviews. One intern on Morgan Stanley's site describes six 20-minute interviews with her team, harder and more technical than her first round.

Morgan Stanley does not publish its HireVue questions, the number of super day interviews or how it scores. Applications are reviewed on a rolling basis.

13 Morgan Stanley interview questions

The first six are the ones Morgan Stanley's own article covers, with what its Vice Chairwoman says sits behind each. The rest are our own wording.

The six common questions6 questions

Carla Harris says each has a subtext: your personality, whether you lead and whether you'll fit.

  1. Tell me about yourself.

    Morgan Stanley's common interview questions article

    What a strong answer does

    Not your life story. Tell the parts that match the job's key success factors, in that order. Example answer

    • “Why did you leave that out of your resume?”
    • “What would your last manager add to that?”
  2. Describe yourself in three words.

    Morgan Stanley's common interview questions article

    What a strong answer does

    Pick words from the job description that really describe you, and have an example ready for each.

  3. What's your biggest weakness?

    Morgan Stanley's common interview questions article

    What a strong answer does

    A weakness that isn't key to the job, and what you are doing about it. Harris warns against saying you're a perfectionist. Example answer

  4. Why should we hire you?

    Morgan Stanley's common interview questions article

    What a strong answer does

    What sets you apart from the other candidates, as you would put it in a cover letter. Example answer

  5. Describe a time you failed.

    Morgan Stanley's common interview questions article

    What a strong answer does

    Admit it plainly, then the steps you took so it didn't happen again. It tests self-awareness and maturity. Example answer

  6. Why are you interested in us?

    Morgan Stanley's common interview questions article

    What a strong answer does

    Show you researched the firm and its values, and that you chose it on purpose rather than as one of many. Example answer

    • “Which of our core values matters most to you, and why?”
    • “What would make you choose a competitor over us?”
The division and the job3 questions

Its interviewers list not researching the job and the division as the single biggest mistake.

  1. Why this division, and why this role rather than another one here?

    What a strong answer does

    Explain why this seat fits your skills and goals. Saying it's a foot in the door for another job is a mistake its interviewers name.

  2. Tell me about a recent deal Morgan Stanley worked on. What made it interesting?

    What a strong answer does

    For banking roles its interviewers expect you to know recent deals. Pick one and know why the client did it.

  3. Pick an area of the markets you follow and tell me what's happening in it.

    What a strong answer does

    Morgan Stanley says to choose one or two areas you can discuss with knowledge and conviction. Depth beats breadth. Example answer

Technical questions4 questions

Its interviews can be technical, and super day questions get harder. Say how you think as you go.

  1. Walk me through how the three financial statements link together.

    What a strong answer does

    Start from net income and follow it through cash flow to the balance sheet, then check that it balances. Example answer

  2. How would you value a company?

    What a strong answer does

    Name the main methods, when each fits and which you would trust for this kind of business. Example answer

  3. Pitch me a stock.

    What a strong answer does

    For equities and investment management. One thesis, two reasons, one risk and the price where you'd change your mind. Example answer

  4. You don't know the answer to a technical question. What do you say?

    What a strong answer does

    Morgan Stanley's interviewers say not to pretend. Ask them to elaborate, or offer to follow up, even in your thank-you note.

More to prepare with

Mistakes Morgan Stanley's interviewers name
  • Not researching the job or the division

    They call it the single biggest and most common mistake.

  • Padding the resume

    Everything on it is fair game. If you list a language, expect to prove it.

  • No questions for the interviewer

    They always ask. Build one on something said in the interview, and avoid asking what Morgan Stanley does.

  • Being too casual

    Even after rapport with recruiters, they are assessing how you would carry yourself in front of clients.

  • Reading from a script on video

    Its recruiters call it the most common bad habit. Use a sticky note at eye level instead.

How to prepare for Morgan Stanley

What Morgan Stanley's own pages tell candidates to do.

  1. Before you apply

    Learn the firm

    Its history, integrated capabilities, five core values, how it's organized and its senior leaders.

  2. Before the HireVue

    Rehearse on camera

    Read the video tool's rules on time limits and retakes. Practice, watch it back and keep answers short.

  3. Before interviews

    Know your resume cold

    Be able to explain every line without looking, and have stories from jobs, projects, classes and activities.

  4. After each one

    Send a real thank-you

    Short, but more than thanks. Restate your pitch, and answer anything you couldn't in the room.

Morgan Stanley's own interview advice

On morganstanley.com and its campus job site. Read them before you practice.

Interview preparationStudents and graduates

Why it interviews, how to tell your story, what to research and the types of interview to expect.

Morgan Stanley: interview preparation
Common interview questionsCarla Harris on six questions

What the interviewer is really asking in tell me about yourself, weaknesses, failure and why us.

Morgan Stanley: common questions
10 biggest interview mistakesSenior interviewers' list

From not researching the division to pretending to know an answer.

Morgan Stanley: interview mistakes
Tips for video interviewsRecruiters' advice

Setup, lighting, camera height, no scripts and short answers for recorded interviews.

Morgan Stanley: video interviews
Summer analyst posting2027 Institutional Equity, New York

A 10-week program with a week of training and four rotations. The application counts as complete once the HireVue is done.

Morgan Stanley: the posting

Say your answers out loud, then tighten them

Soreno's AI interviewer asks the questions one at a time, follows up when an answer goes vague and scores every answer. Free for 7 days.

Questions people ask

Does Morgan Stanley use HireVue?

Yes, for student programs. Its 2027 Institutional Equity summer analyst posting said an application is complete only once you submit it and complete a HireVue, with instructions emailed after you apply.

What questions are in the Morgan Stanley HireVue?

Morgan Stanley doesn't publish them. Its recruiters say recorded video is where you show your motivation and knowledge of the markets, and that short, concise answers are best.

What does Morgan Stanley look for in an interview?

Who you are, what motivates you, whether you understand its business and the job, and what you could bring to the team. It asks for a compelling reason for the industry, the firm and the division.

What are Morgan Stanley's core values?

Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. Carla Harris advises reading up on them before you interview.

What is a Morgan Stanley super day?

A day of several interviews with the team. Morgan Stanley doesn't publish a set number. One intern on its site describes six 20-minute interviews that were harder and more technical than her first round.

Do I need to know everything about the markets?

No. Morgan Stanley says it doesn't expect candidates to understand every sphere of markets, finance and economics, but to pick one or two areas to discuss with knowledge and conviction.

What should I do if I don't know an answer?

Don't bluff. Its interviewers suggest asking them to elaborate, or saying you don't know and would like to come back to them. Answering in your thank-you note is acceptable.

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