Morgan Stanley Reviews in New York City, NY | Glassdoor

Morgan Stanley New York City Reviews

Updated April 28, 2017
1,342 reviews

Filter

Filter

New York City, NY Area

3.5
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
578 Ratings

1,342 Employee Reviews

Sort: Popular Rating Date

Pros
  • Work-life balance is the best out of any job I have seen (in 299 reviews)

  • Great work environment and people (in 265 reviews)

Cons
  • The work-life balance is similar to that of other banks (in 285 reviews)

  • Long hours to establish business; longer time to establish clientele would be helpful (in 331 reviews)

More Pros and Cons

  1. "Best investment banking employer on Wall Street"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    In short, great pay, great colleagues, great internal and external opportunities, great name brand recognition, relatively few strong and difficult personalities (relative to other banks on Wall Street).

    Morgan Stanley has demonstrated time and time again a truly differentiated culture that empowers employees to succeed and to get paid well for their efforts. As an analyst, there is no better investment bank to work for than Morgan Stanley.

    Cons

    Unpredictable hours, long hours, sometimes subordinates are forgotten (when credit is given)

    The standard issues with being an analyst at a bulge-bracket bank - working into the early morning on transactions, needing to break previously scheduled appointments, or generally having a difficult time balancing work and life

    Advice to Management

    Focus on ensuring worklife balance for investment banking employees


  2. "First class business in a first class way"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in New York, NY
    Current Employee - Research Associate in New York, NY
    Recommends
    Approves of CEO

    Pros

    great teamwork, great place to learn the business from very experienced managers. real thrill of getting the deal done and winning in the market place, thinking like an owner makes a big company feel small. Great brand name and trust that has been built with clients over many years.

    Cons

    have to work a lot of time. Have to be careful about the managers whom you work for. Also want to make sure you are on a good path to success and have appropriate feedback to determine what those paths are early on.

    Advice to Management

    its a great place to work but we need to develop talent management programs more thoughtfully


  3. Helpful (1)

    "Great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in New York, NY
    Former Employee - Business Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    Great reputation and prestige around the industry. Incredible knowledge of colleagues and managers. The potential to grow and advance here is much greater than you might find in other firms. If you are a hard worker and willing to put the time in, you can move up the ranks. Positive environment, and also huge stress on work-life balance, which is great. Vacation time is great compared to some competitors.

    Cons

    Potentially long hours. Many people in application pool (particularly in New York), which makes it that much harder in landing new positions, promotions, etc. Make sure to do things to make yourself stand out if your interested in climbing the corporate ladder.

    Advice to Management

    Recognize top performers more often and more publicly (even if they are first or second year analysts. Positive reinforcement encourages continual top performance.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "A culture of high performers that recognizes & rewards the best."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Approves of CEO

    Pros

    It has a strong culture of excellence, smart people, and is a meritocracy; there is very little hard politics in the organization. The pace is fast and the work very challenging, and the people around you are most focused on getting things done, and done well.

    Cons

    Can be high pressure some days. It's not bureaucratic but sometimes the drive for consensus and input can slow things down.

    Advice to Management

    Remember what you have under you -- a strong company of exceptionally dedicated people, a culture that will long outlast you -- do what it takes to reinforce that culture, and we will get through even the most difficult conditions.


  6. Helpful (4)

    "Morgan Stanley IT"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Associate in New York, NY
    Current Employee - IT Associate in New York, NY
    Recommends
    Approves of CEO

    Pros

    The best reasons are
    1. The people. Morgan Stanley attracts a lot of the best people in the industry and they have a VERY strong new graduate recruitment pipeline that is great at getting the good ones and keeping them on. Attrition rate is very low and a lot of the good people have been around for a long time.
    2. The compensation is excellent. Definitely above average or at the top.
    3. Flexibility. Management is very flexible about career options, work hours, work locations
    4. Range of technology used is wide and it is easy to get interesting projects.

    Cons

    Although it is a great company to be working at, the biggest downside is the fact that it is in the financial industry :). Given the recent times, it is understandable, but there are a lot of spending cuts and many of them are forcing the company to give up some of the more interesting but not immediately profitable avenues.

    Feedback from management has not been good traditionally, but has improved a lot in recent times with the change in leadership.

    The distributed nature of the company makes it a little harder to work. Most teams are split across NY, London, Montreal and Budapest.

    Advice to Management

    Stay on the current track. Keep talking to us regularly.


  7. "Excellent workplace"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in New York, NY
    Current Employee - Software Developer in New York, NY
    Recommends
    Approves of CEO

    Pros

    Excellent environment. Very knowledgeable co-workers and managers. They are also on the cutting edge in technology, incorporating new designs and ideas in all products. Management is easy to contact and the company itself is very open. Managers are very friendly and open and willing to sit down and discuss any concerns you may have.

    There are also plenty of projects for people to work on and they keep you busy; you are not twiddling your thumbs in the corner.

    Cons

    Work hours can be long during crunch times. Current economic situation doesn't help. Can be disheartening to see the stock drop over a week.

    Advice to Management

    Continue doing the excellent work you have been doing.


  8. Helpful (1)

    "MS: Great place to start a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    Good culture, brilliant people, top industry player. Overall its a great place to start a career you deal wiht really big important client relationships and the managers are very willing to help you learn. Very much a work hard-play hard atmosphere. Work very long hours but almost everyone I work with is down for a good time on the weekends. Almost every person in my analyst class is from a top tier school and is very intelligent, but more importantly, they are fun people to work with and have a real personality.

    Cons

    Large, bureaucratic--you know your place in the chain of command, long hrs

    Advice to Management

    None


  9. Helpful (1)

    "Great opportunities for hard workers"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    Morgan Stanley is a reputable, world-renowned firm. When I first became aware of the job opportunity, it almost seemed too good to be true. Morgan Stanley offers very competitive salary and bonus packages, benefits, and truly stresses "work-life" balance. Many of the Morgan Stanley offices throughout the Metropolitan New York City area have gyms available on-site or have easy access to NYSC or Gold's Gym (which Morgan Stanley subsidizes). Working at Morgan Stanley is an incredible learning experience, and one is reminded everyday of the bright, critical-thinking, problem-solving colleagues that surround them. The opportunities for advancement and career development at Morgan Stanley are among the best in the industry. Many online development courses are offered, in addition to workshops and graduate studies tuition reimbursement.

    Cons

    In the industry of finance, there are obvious downsides regardless of the company. Many divisions at Morgan Stanley work long hours - easily 12-15 hour days. This is not exclusive to Morgan Stanley, however. The general nature of the finance industry is quite unstable these days, so if you're looking for definite job security over the long-run, a company such as Morgan Stanley may not be for you. The only true "downside" to working at Morgan Stanley would be if you are a slacker or too dependent on others. This behavior would not be tolerated for long at Morgan Stanley, so you would be bound to have a short career here.

    Advice to Management

    Senior Management should take a more active interest in the talent development process at Morgan Stanley. Given, Senior Management executives have incredibly busy days, but any time set aside to interact with "lower down" employees would be beneficial. These workers would gain the benefit of exposure to their Senior Managers, thus resulting in a likely increasingly positive working relationship, and motivation for success.


  10. Helpful (2)

    "Rewards for top performance . . . the foundation of what makes Morgan Stanley tick."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in New York, NY
    Current Employee - Executive Director in New York, NY
    Recommends
    Approves of CEO

    Pros

    Morgan Stanley is the epitome of Darwinism. It is a place where the best will survive. You are rewarded for doing a good job and generally paid well when you do. When you are a standout, the rewards are that much better, whether it be responsibility, new project work, promotion or compensation. Sometimes it takes time for the weaker players to be weeded out. People like this are usually in positions that require diligence in getting the job done, but leadership skills are not the cornerstone of the role. It is for these reasons that I have enjoyed my time working for such a great company.

    Cons

    When people talk about work life balance, I think they are being a little harsh to say that Morgan Stanley does not provide it. It is true that when you do a good job, you are rewarded with more work, and then you have more to do. It is more a case of you being the victim of your own success. If you do need time off for a personal reason, I have never seen a case of it being rejected. Most people at Morgan Stanley are true to the culture that Sr. Management breeds.

    Advice to Management

    Sr. Management at the top top communicates well with the people. The next layer down from them however make decisions that might be personal preference rather than strategic in nature.


  11. "Challenging and stimulating work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Private Wealth Management Analyst in Purchase, NY
    Current Employee - Private Wealth Management Analyst in Purchase, NY
    Recommends
    Approves of CEO

    Pros

    Intellectual capital, ideaflow, level of expertise among colleagues

    Cons

    voltility in the markets carried into job

    Advice to Management

    they are very receptive to young ideas and perspectives, commendable


Showing 1,342 of 5,132 reviews
Reset Filters