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      Morgan Stanley

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      Investment Banking & Global Capital Markets Summer Analyst Interview

      20 Jan 2014
      Anonymous interview candidate
      London, England
      No offer
      Positive experience
      Average interview

      Application

      I applied online. The process took 3 months. I interviewed at Morgan Stanley (London, England)

      Interview

      I applied online and after successfully passing the online tests I was invited to a phone interview. The phone interview was a mix of competency based questions and technical corporate finance questions. After successfully passing the phone interview process I was invited for interviews in London. There were 3 interviews back to back. I was on a group of 12 applicants and the interviews were taking place at the same time in a big working space with cubicles. The interviews were mainly with executive directors and mainly competency based. There were some technical questions and brain teasers. I am confident that the interviews went well. However after one and a half months of waiting and receiving HR emails that my application is still under consideration I got rejected. The main negative aspect of my experience was the extremely prolonged process,1,5 months for the first two rounds and another 1,5 months waiting to get rejected!

      Interview questions [1]

      Question 1

      Why would a valuation based in comparable comps analysis might be lower in value compared to a transactions comps valuation? As I am not studying finance and my theoretical knowledge in corporate finance is limited I faced difficulties in this question.
      1 Answer