Morgan Stanley
3.4 of 5 1,530 reviews
www.morganstanley.com New York, NY 5000+ Employees

Morgan Stanley Reviews

These reviews contributed towards 2011's Best Places to Work recognition. See ratings and reviews for all time.

70 Employee Reviews
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Review Highlights

Pros:
  • "Their work life balance policies allow you to work from home when you cannot get in"
    in 92 reviews
  • "There are lots of smart people there who you can learn a lot from"
    in 81 reviews
Cons:
  • "Very limited work/life balance, which they claimed was very important to them"
    in 85 reviews
  • "Long hours in the operation department when the market is bad"
    in 104 reviews
  • Show more review highlights

Reviews

    • Work/Life Balance
           
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    2 people found this helpful  

    Good place to work

    Anonymous Employee (Former Employee)
    New York, NY

    ProsGreat colleagues, lots of flexibility.
    Good opportunities to develop skills.
    Very professional environment - I was always proud to be part of a team.

    ConsAll Wall Street firms are stressful places to work, and Morgan
    Stanley is not an exception. Sometimes you have to work at
    times you prefer not to.

    Advice to Senior ManagementDuring the credit crisis John Mack did a good job of communicating to employees what was happening in the economy and to Morgan Stanley. He also told employees he understood if they felt they needed to sell their shares of MS stock.

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Trading desk

    Anonymous Employee (Former Employee)
    New York, NY

    ProsLarge company with many opportunities to move

    ConsI think there was poor middle management

    Advice to Senior Managementweak middle management

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    2 people found this helpful  

    Morgan Stanley is an excellent company to work for in IT

    Senior IT Project Manager (Former Employee)
    New York, NY

    Pros- In IT, I found most of the people to be high caliber: i.e. smart, proactive, very good work ethic, respectful.
    - IT management is open to ideas from all employees.
    - You work hard, sometimes long hours, but there is also emphasis on work-life balance.
    - Very good salary and benefits.
    - If company has a decent year, and if you did your work well, the bonus is very good.

    Cons- The process for getting promoted (e.g. from associate to VP, from VP to ED) is not good. I know employees who were outstanding for many years and still they were not promoted.

    Advice to Senior Management- Find a better, more fair way to promote employees.
    - Encourage more frequent feedback between managers and employees.
    - Continue with efforts to improve annual review process.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    Life of an intern

    Equity Research Associate (Current Employee)
    New York, NY

    ProsGreat crash course into the life of an associate
    Lots of senior speaker events, networking events, etc.
    Given lots of responsibility

    ConsSeniors are not incredibly approachable (usually have to book time with your Analyst)
    Greuling presentation/stock pitch at the end of internship ( be overprepard, very important)
    Training program is brief
    Not always clear what you're looking for in terms of the projects given to you

    Advice to Senior ManagementMore team to team integration/encouraging associates to move beyond their pod
    Mid-summer performance reviews should be more candid/direct about areas to improve

    Yes, I would recommend this company to a friend

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    company review

    Anonymous Employee (Current Employee)
    New York, NY

    ProsMS is one of the great banks on the Wall street. atmosphere is splendid to work in. so are the prospects of rising

    Consmaybe the management is not that great in comparison to its peers still employee satisfaction is one of the best

    Advice to Senior ManagementEmployee's are the core strength at Morgan Stanley. I think management can provide greater growth potential to the deserving individuals which i feel is missing now to some extent

    Yes, I would recommend this company to a friend

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    3 people found this helpful  

    Revolving Door

    Anonymous Employee (Former Employee)
    Miami, FL

    ProsGreat pedigree
    Great analytical market research
    Benefits were ok
    Some of the sales skill taught were useful but most were a waste of time

    ConsThis place was churn city, they would take in new FA's and have them bring in all their friends and families money. Once there they would place unbelievably hard asset goals, knowing that just starting out it is nearly impossible to meet the minimum assets under management and then fire the new hire after 10 months, keeping the accounts and distributing them to te top brokers in the office.

    Pay was not adjusted to locality and was almost impossible to live on the salary given while trying to obtain critical mass in assets.

    Advice to Senior ManagementIf you want to keep new brokers in the business you need to help them more in the marketing skills department. Telling them to cold call out of the phone book is not a good strategy.

    No, I would not recommend this company to a friend

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    Morgan Stanley

    Anonymous Employee (Current Employee)
    New York, NY

    ProsRespected Institution that provides a difficult interview process to gain admittance to the analyst or associate programs. Worth the headache to get into the sales or trading seats.

    ConsInability to effect change in the day to day of the desk and group you work in because of top-heavy setup.

    Advice to Senior ManagementLook closely at the junior and midlevel talent at the firm and consider the quality of the development and training in place. They are the future of Wall Street and of Morgan Stanley.

    Yes, I would recommend this company to a friend

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    eCommerce, Project Management

    Senior Associate - Retail Intermediary Distribution (Former Employee)
    New York, NY

    ProsMorgan Stanley has a great infrastructure, abundant resources, and the tools to help someone flourish and thrive in their career. The people are also professional, knowledgeable, and open to helping you succeed. The culture rewards hard work and collaboration. You will definitely get back what you put into your work.

    ConsThere are people who can be abrasive, rude, and overbearing. Also, senior management can be too quiet about upcoming firm changes or reorganizations. During times of market turmoil, the middle managers were conspicuously silent and did not emerge from their offices or cubes.

    Advice to Senior ManagementBe more open to feedback and communication from the rank and file. Also, there is still a lot of work to be done in breaking down silos and facilitating communication and sharing across the different businesses and channels.

    Yes, I would recommend this company to a friend

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    Old MS was ok

    Financial Advisor (Former Employee)
    McLean, VA

    ProsAs a FA you have tons of resources at your disposal and the older folks love the socks and stocks memories of Dean Witter.

    ConsHeadline risk takes a daily toll on morale and with MSSB their are daily negative headlines. Some BM's are incompetent.

    Advice to Senior ManagementGet your head out of your ... Stop catering to the traders and put your actions where your mouths are on the retail channel

    No, I would not recommend this company to a friend

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    Good place to work but long hours required

    Investment Banking Analyst (Former Employee)
    New York, NY

    ProsCompensation is among the best on Wall Street and the firm has an incredible global platform. Just working for the firm, you can get into a lot of meetings that you wouldn't necessarily otherwise. I have a great financial toolkit after 3 years there, which is saying a lot considering I was a science major in college.

    ConsThe downsides listed here are not unique to Morgan Stanley - they are applicable to any investment banking analyst position; the hours are long and a lot of it might be "face time", where you are simply sitting at your desk with nothing to do. The work-life balance is really tough to manage....so don't expect to do much outside of the office.

    Advice to Senior ManagementIf there was a way to make projects more efficient, that would be ideal. But it's nearly impossible given the competitive nature of the business. Hard to give any real feedback here.

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Morgan Stanley reviews and ratings — including employee satisfaction and approval rating for Morgan Stanley CEO James P. Gorman. All 70 reviews posted anonymously by Morgan Stanley employees.