2026 Investment Management Spring Co-Op Program - Fixed Income Emerging Markets Corporate Debt (Boston)

Program Overview

Morgan Stanley Investment Management (MSIM) hires undergraduate co-ops to simultaneously contribute to and learn about various groups within our division. Co-ops spend six months fully immersed in their work and MSIM culture, resulting in an enriching and formative experience. The co-op role within MSIM is primarily a learning and growth opportunity, which does not necessarily correlate with full-time opportunities within the firm.

Team Overview

The Emerging Markets Debt team manages approximately $20 billion across a range of investment strategies. The team conducts fundamental credit research for companies domiciled in emerging and frontier countries outside the US and translates these fundamental views into investment ideas. Our research process weaves value-driven bottoms-up analysis with top-down macro views from our sovereign colleagues. We seek both long and short investments by using a variety of debt and equity instruments to execute our strategies. Our team is made up of highly motivated professionals with diverse backgrounds who complement our global perspective.

The co-op will commence in Spring 2026 and last six months. This co-op offers you the opportunity to do in-depth investment research, contribute to the portfolio construction process, and participate in meetings with various stakeholders in the financial industry. Co-ops are treated as full-time members of the team and work alongside experienced professionals at all levels.

TRAINING PROGRAM

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects.

RESPONSIBILITIES

• Conduct in-depth investment research on companies using financial statements, industry reports, and various news sources.
• Build financial models for companies across various industries.
• Monitor news sources for specific companies, industries, and countries.
• Partake in research and due diligence conference calls and meetings.
• Prepare detailed investment research reports and present findings to investment team.
• Be available for travel around Boston area for research purposes as required by business needs.

QUALIFICATIONS/ SKILLS/ REQUIREMENTS

• Demonstrated interests in investing, financial markets, economics, and international affairs.
• You have a positive attitude, strong work ethic and attention to detail in digging deeper on business topics relevant to the team's investment process.
• You can take the time off to commit for a full-time internship role for six months.
• Excellent record of academic achievement, with transcript as a proof
• You have a keen interest in emerging and frontier markets.
• You are adaptive, can function independently yet are a team player, can prioritize various tasks.
• Excellent organizational, interpersonal, and time management skills. Ability to function reliably, independently, and with a high degree of accuracy and attention to detail.
• You have strong analytical and numerical skills.
• You have strong MS Office skills.

Application Process and Deadline

In order to be considered, candidates must apply with their resume and transcript through the Morgan Stanley website. Resumes will be reviewed on a rolling basis starting September 22nd, 2025 and continuing through October 3rd, 2025 or until the role is filled, whichever comes first.

Expected base pay rates for the role will be between $30.00 and $40.00 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.