Pros
Global exposure, amount of work much more than enough to keep you busy but everything is useless if you are not respected and reward is commensurate to amount of hard work and loyalty you put in.
Cons
Salary not good compared to peer companies Promotion process not transparent. In some departments and India location, culture of sycophancy prevalent and only sycophants get promotions and recognised. Genuine and honest people are ignored. Middle managers (especially ED level) are so selfish that they bother only about their browny points and don't give a damn to Morgan Stanley values. They highlight fake work as achievements and self praise while also selling it to bosses to buy promotions for their toadies. Simply put they are not living upto Morgan Stanley values. Global Metro location (NY, LN, HK TK) managers give favor employees in their own locations rather than to offshore location like India when it comes to promotions or recognition.