Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!
Back to overview

Off-cycle internships at Morgan Stanley

Hello, 

does anyone have experience with Morgan Stanley’s off-cycle internships? Are these internships structured similarly to the summer program and are chances to secure a full-time offer afterwards similar?

Thanks! 

4
500+
16
Be the first to answer!
Nobody has responded to this question yet.
Top answer
Nitesh
Coach
on May 17, 2025
9+ yrs of work ex in finance/consulting - Barclays/ x-Citi. 500+ hrs coaching exp. MBA IIM Ahmedabad, Engg IIT Kharagpur

Hi! 

Morgan Stanley’s off-cycle internships are generally quite similar to their summer programs in terms of structure and day-to-day work. You’ll get real exposure to deal flow, financial modeling, and team projects, just like during the summer internships. The main difference is timing—it’s usually a shorter stint and might be less formal depending on the region or division.

As for full-time offers, off-cycle internships can definitely lead to graduate roles, but the competition can be a bit different. Because the programs are smaller and less widely known than summer internships, it’s important to perform well and network proactively. If you show strong technical skills and cultural fit, the chances of converting are good. Overall, it’s a great opportunity to get your foot in the door and demonstrate your potential.

Natalie
Coach
on May 09, 2025
Ex-Investment Banker | Former Deloitte & Grant Thornton | Coaching Finance Candidates to Ace Interviews & Land Top Roles

Hey! Off-cycle internships at Morgan Stanley can be a really valuable experience. From what I've seen, they're often structured to give you a similar kind of exposure to the day-to-day work as the summer program, meaning you'll likely be involved in similar tasks and projects. The length can vary depending on the team and their needs, but it's definitely a chance to dive in and get hands-on experience.

As for the full-time offer prospects, it really depends on your performance and the team's hiring needs at the time. Doing well in any internship is a great way to show your potential, and off-cycle roles are no different in that regard. It's all about making a strong impression and demonstrating your skills and fit with the team. 

Simon
Coach
on May 15, 2025
Mastering Deals and Strategy | Seasoned coach

Yes, Morgan Stanley’s off-cycle internships (especially in EMEA) are well-structured and often very hands-on. 

Compared to summer programs, off-cycles tend to have smaller intakes, which can mean more exposure and responsibility early on. 

The path to a full-time offer is definitely there, but conversion depends heavily on performance and team needs. Many interns do convert, so treat it like a long interview from day one.

Binika
Coach
21 hrs ago
9+ years in Finance, Consulting and Strategy, Corporate Development|Accenture| Coach Finance Candidates to Ace Interview

Hey There!

Off-cycle internships at Morgan Stanley are generally well-structured and offer a similar experience to the summer programs, although they may vary slightly depending on the team and region. Interns are given meaningful work and are expected to contribute like junior analysts, often getting involved in live projects and deal processes. The exposure and learning curve can be just as steep, especially since the teams tend to be smaller during the off-cycle periods, giving interns more responsibility early on.

In terms of converting to a full-time offer, the chances are strong, provided you perform well and show commitment. Off-cycle interns are often brought in with the same expectations as summer analysts, and if the business need exists, offers can follow quickly. 

Make sure you’re proactive, ask smart questions, and build relationships with both peers and mentors—these factors often weigh heavily in final decisions. Many professionals in full-time roles at the firm started through off-cycle paths, especially in the European offices.

Similar Questions
Finance
How to talk about a gap year in investment banking interviews
on Apr 22, 2025
Global
5
700+
Top answer by
Rita
Coach
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation
20
5 Answers
700+ Views
+2
Finance
How to handle negative feedback from Investment Banking internship
on Apr 02, 2025
Global
5
600+
Top answer by
JPMorganChase | CFA® Charterholder | IIFT Delhi (MBA Silver Medalist, Rank-2) | BITS Pilani | DPS (Gold Medalist)
14
5 Answers
600+ Views
+2
Finance
One VP says I’m doing well, but another told me I need to step up. How should I handle the mixed feedback during my IB internship?
on Apr 22, 2025
Global
5
500+
Top answer by
Rita
Coach
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation
14
5 Answers
500+ Views
+2