Morgan Stanley

  www.morganstanley.com
  www.morganstanley.com

Morgan Stanley Reviews

Updated October 22, 2014
Updated October 22, 2014
1,714 Reviews
3.5
1,714 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
806 Ratings

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in (in 113 reviews)

  • Since it's difficult to get into Morgan Stanley, you'll work with very smart people (in 91 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them (in 104 reviews)

  • Long hours in the operation department when the market is bad (in 117 reviews)

More Highlights

Employee Reviews

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  1. 2 people found this helpful  

    A retail brokerage, not an investment bank anymore

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Director - IT in New York, NY
    Former Employee - Executive Director - IT in New York, NY

    I worked at Morgan Stanley full-time (more than 8 years)

    Pros

    Morgan Stanley's IT department focuses on some aspects of work-life balance well, like support for certifications and working from home.

    Cons

    Compensation has been on a pretty steady trend downwards - double-digit percent cuts are not made up by the occasional "better" year that goes up maybe 2%. Opportunities for career growth have always been limited by a highly competitive environment that has gotten more competitive as management has chosen to flatten the org by letting go of people with more senior titles.

    Advice to ManagementAdvice

    Stop focusing on reducing cost as the only route to profit. Every study ever shows that long-term growth comes from investing in your employees, paying them well, making them happy and productive.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Awesome internship opportunities, great people and a fun place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Morgan Stanley

    Pros

    Great atmosphere and a good opportunity to learn new things.

    Cons

    Can be a high demand position.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Very hierarchical (focused on job titles) with pockets of excellence (e.g. Technology Investment Banking).

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Director - IT in New York, NY
    Former Employee - Executive Director - IT in New York, NY

    I worked at Morgan Stanley full-time (more than 10 years)

    Pros

    One advantage of working there was the quality of the people. Since it's difficult to get into Morgan Stanley, you'll work with very smart people. Benefits are good, but pay is only good if you work in a revenue-focused role, with salaries and bonuses for other areas off significantly in recent years vs. its competitors

    Cons

    Like other Firms on Wall St., there is still a "partnership model", with a heavy focus on rank (e.g. Managing Directors are most important). Getting promoted can be very political, and involves having good timing and a strong sponsor, and is less about ability.

    Advice to ManagementAdvice

    The focus on titles, e.g. including Titles highlighted in bold in internal announcements, sends the message that this is one of the most important things the company values. Communications have become very Orwellian - good news is communicated to excess, while negative news is less often shared. Within the Technology organization, the top talent has all left for peers that pay more. The culture really deteriorated in recent years, and it's just not the same as it was in the early 2000s.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Better have $30mm coming in or it will be a long road

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Morgan Stanley full-time (more than an year)

    Pros

    smart people, driven, well run, autonomy

    Cons

    salary burn, employee churn, help with non revenue generating activities, training overkill for experienced employees.

    Advice to ManagementAdvice

    understand who you're hiring and their specific skill set. don't hire via the cold call model (one of these hires will work out if we hire enough)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    Good experience, zero work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Analyst in New York, NY
    Current Employee - Summer Analyst in New York, NY

    I have been working at Morgan Stanley as an intern (less than an year)

    Pros

    Great amount of exposure, lots of deal flow, small deal teams, steep learning curve

    Cons

    no work life balance, uninteresting people, management is seldom invested in growth of junior people, extremely stressful and unrewarding

    Advice to ManagementAdvice

    Hire more people. Capital Markets is wildly understaffed.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Not the best place to work not the worst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Morgan Stanley full-time (more than an year)

    Pros

    Market hours, pretty good benes

    Cons

    Everything else. No room for advancement unless you want to be a Financial Advisor.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    So so

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morgan Stanley as a contractor

    Pros

    fleixble working hours. worked from home lots but they were closing that

    Cons

    quite competitive; no one tells you anything

    Advice to ManagementAdvice

    easy with the pay cuts dude

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Steep Learning Curve, Terrible Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Morgan Stanley as an intern (less than an year)

    Pros

    While I was interning there I learned a lot of great modeling and communication skills.

    Cons

    The firm has a terrible competitive and cliquey culture. As a minority, I felt like I always had to try hard to fit in. Some of my managers also showed favoritism and they never assigned me projects that allowed me to grow professionally. I also had a huge problem with the way the company was always comparing themselves to Goldman. Would not recommend to a friend.

    Advice to ManagementAdvice

    Consider constantly comparing yourself to Goldman and try to be a little more inclusive like you claim to be.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    good place to work nice environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Security
    Former Employee - Information Security

    I worked at Morgan Stanley full-time (more than 3 years)

    Pros

    good place to work nice environment

    Cons

    good place to work nice environment

    Advice to ManagementAdvice

    good place to work nice environment

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Good company but difficult for upward mobility if you aren't senior management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant in New York, NY
    Former Employee - Executive Assistant in New York, NY

    I worked at Morgan Stanley full-time (more than 5 years)

    Pros

    On the job training, and great people.

    Cons

    Little mobility, poor salary, no raises or bonuses, easily outsourced. Reviews seem to be protocol but not used in the right manner. Back office is very different from front office - almost a different company .

    Recommends
    Positive Outlook
    Disapproves of CEO

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