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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! 

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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.

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