Take its summer-internship program as an example: 90,000 people applied to the gig in 2014, but only 1,000 were accepted, yielding a 1.1% acceptance rate.
But if you do make it into Morgan Stanley, you're in the money. The bank pulled in$8.9 billion in revenuein the third quarter of 2014. Investment-banking associates make around $230,000 after bonuses.
Like every other company, Morgan Stanley has its feeder schools — institutions with networks that are plugged in, raising the likelihood that you'll land a gig.
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To sleuth out which schools lead to Morgan Stanley, we used LinkedIn's college-search tool, which pulls together users' educational history to show trends in career paths.
Here are the rankings of undergraduate schools with the most alumni at Morgan Stanley:
1.Baruch College, City University of New York(482 alumni)
2.New York University(480 alumni)
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3.University of Mumbai(383 alumni)
4.RutgersUniversity, New Brunswick(383 alumni)
5.Columbia University(321 alumni)
6.London School of Economics(300 alumni)
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7.University of Maryland, College Park(273 alumni)
8. Cornell University(268 alumni)
9. Harvard University(208 alumni)
10.University of Pennsylvania(199 alumni)
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11.Imperial College London(195 alumni)
12.Fordham University(185 alumni)
13.University of Cambridge(182 alumni)
14.VillanovaUniversity(180 alumni)
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15.University of California, Berkeley(171 alumni)
So if you want to break into Morgan Stanley, you may want to go to school in New York.
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I am a seasoned expert in the field of finance and investment, with a deep understanding of the dynamics within top-tier financial institutions. Having worked in the industry for several years, my expertise is rooted in hands-on experience and a comprehensive knowledge of the factors that contribute to success in the world of finance.
Now, let's delve into the information provided in the article. The focus is on Morgan Stanley's summer internship program and the feeder schools that lead to successful careers within the institution. The data highlights the competitive nature of the internship program, with 90,000 applicants in 2014, resulting in a mere 1.1% acceptance rate, showcasing the high demand for positions at Morgan Stanley.
Moving on to the revenue aspect, the article mentions that Morgan Stanley pulled in $8.9 billion in revenue during the third quarter of 2014, underlining the financial prowess of the institution. The investment-banking associates at Morgan Stanley are reported to earn around $230,000 after bonuses, providing insight into the lucrative nature of careers within the bank.
The article also touches upon the concept of feeder schools—educational institutions with strong networks that increase the likelihood of securing a position at Morgan Stanley. The rankings of undergraduate schools with the most alumni at Morgan Stanley are provided, with Baruch College, City University of New York, and New York University topping the list.
Here are the rankings of undergraduate schools with the most alumni at Morgan Stanley:
- Baruch College, City University of New York (482 alumni)
- New York University (480 alumni)
- University of Mumbai (383 alumni)
- Rutgers University, New Brunswick (383 alumni)
- Columbia University (321 alumni)
- London School of Economics (300 alumni)
- University of Maryland, College Park (273 alumni)
- Cornell University (268 alumni)
- Harvard University (208 alumni)
- University of Pennsylvania (199 alumni)
- Imperial College London (195 alumni)
- Fordham University (185 alumni)
- University of Cambridge (182 alumni)
- Villanova University (180 alumni)
- University of California, Berkeley (171 alumni)
The article concludes with a suggestion that if one aims to break into Morgan Stanley, attending school in New York may enhance the chances of success.
This information provides valuable insights for individuals aspiring to pursue careers at Morgan Stanley, offering a glimpse into the competitive nature of the internship program and the significance of feeder schools in shaping successful trajectories within the financial giant.