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Not good now

  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Morgan Stanley

Pros

Good working hous and vacation

Cons

Pay is below avg now

Other Reviews for Morgan Stanley

  1. 3 people found this helpful  

    Challenging and educational

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Analyst  in  Montreal, QC (Canada)
    Current Employee - Technical Analyst in Montreal, QC (Canada)

    I have been working at Morgan Stanley full-time

    Pros

    From the moment you start working at Morgan Stanley you will be impressed by the number of top talent they have at the firm. For a large multinational bank, their technical systems are impressively agile and up-to-date. The employees clearly like working there and hardly suffer from a stagnation in skill-building. I was constantly challenged to push myself harder every day. So unless you're a cruiser, you might want to seriously consider Morgan Stanley Montreal as a very viable tech shop to work in.

    Cons

    Since the Montreal office is purely a tech shop, you will be separated from the business units. If you're looking to work closer with the business you will find it an uphill battle here, but not impossible. You'll probably still be on the phone with them (often way longer than you'd ever want to), and eventually if you build a strong enough case for it, you may be sent to business offices around the world (perhaps even relocated permanently), but it can take a while for any of this to materialize.

    MS has become noticeably stingy since the financial meltdown (even compared to much smaller firms), so expect some budgetary politics to play in, including, infamously, the painfully noticeable drop in annual compensation.

    If you're a pure techie, you may also find yourself doing so many things that are not part of your core interest, e.g. filling in lengthy documentation meant to gain senior mgr approval on any changes. Sometimes you may be wearing far too many hats, as well.

    Advice to ManagementAdvice

    Don't skimp on compensation for IT! You will have higher staff turnover and lose talent.

    Spend more effort on making the office a fun place to be. A lot of the time, it's the new grads who show any social initiative. It would be nice to have senior mgrs do the same.

    Make business training more available for IT and encourage more cross-functional training.

  2. 2 people found this helpful  

    True Meritocracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Budapest (Hungary)
    Current Employee - Associate in Budapest (Hungary)

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    Helpful and knowledgeable colleagues, flexible work hours, most of the IT managers also started as analysts, world-class technology background, nice, clean, roomy office, many office events organized, professional and soft-skills trainings, feels like a part of Wall Street moved to Budapest

    Cons

    Sometimes too much bureaucracy is involved in the daily work, takes at least a year until a developer familiarizes himself with the business environment.

    Advice to ManagementAdvice

    Keep up the quality of the people.

    Recommends
    Positive Outlook
    Approves of CEO
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