Morgan Stanley – FIU Honors College Scholars Internship Program


This internship program provides diverse FIU students greater industry exposure and training in Wealth Management Client Services.

Internship Application is due November 5, 2021

Program Details and Eligibility
  • The Morgan Stanley/Florida International University Scholars Internship Program is a 1.5-year / 4-rotation paid-program designed to provide ethnically diverse and/or female sophomore and junior students with hands-on exposure to the Wealth Management industry
  • Currently recruiting for the spring 2022 cohort (8 students) that will begin in January 2022
  • The Program will require students to commit 10-15 hours/week during the school year and 40 hours/week during the summer (students will not be expected to work during finals or break periods).
  • Students will be paid $20/hour
  • The Spring 2022 cohort will be based in Morgan Stanley’s Aventura or Miami office. Students will work virtually until it is safe to work from the office
  • Each participant will be paired with mentors to provide on-the-job support and career advice
  • Upon university graduation, participants will be encouraged and supported to apply for a full-time position at the company

To apply to the internship, please go to the Morgan Stanley Internship page

Scholars Program Curriculum

Training ModuleRotational Module (~4 Months)

Program OnboardingRotation A: Branch ServiceRotation B: Client ExperienceRotation C: FA Strategic SupportRotation D: Life as an FACareer
Placement
– MSWM Overview
– Product Overview
– Provide operational support– Support new client onboarding & reporting– Support digital client engagement– Provide research and sales support efforts– FAA, Service Professional
Ongoing Training To Include: Soft + Technical Skills, Selected Service Professional + FA Coursework

Program Participant Journey (Fall + Spring Class Start)

Participant Journey: Fall Start Class

 Fall(Oct – Dec)Spring(Jan – May)Summer(Jun – Aug)
Freshman---Program Selection ProcessFor Fall Start1---
SophomoreRotation #1Rotation #2Rotation #3 or National Internship Program
JuniorRotation #4Branch Internship Position
SeniorBranch Internship Position + Full Time Position Placement Support
Ongoing Training to Include: Soft + Technical Skills, Selected Service Professional + FA Coursework

Participant Journey: Spring Start Class

 Fall (Oct – Dec)Spring (Jan – May)Summer (Jun – Aug)
Sophomore1Program Selection Process For Spring StartRotation #1Rotation #2
JuniorRotation #3 +Prep for National Internship InterviewsRotation #4National or Branch Internship
SeniorBranch Internship + Full Time Position Placement SupportFull Time Position
Ongoing Training to Include: Soft + Technical Skills, Selected Service Professional + FA Coursework

Ensuring The Success Of Every Program Participant

Mentorship

• Each Program participant will be paired with a mentor

• Mentors will help ensure your success in each rotation and will create introductions to areas of interest

Learn and Grow

• Training will be provided to all participants during the first week of the program and at the beginning of each rotation
• This training will include a Firm-wide orientation, business overviews, product training and technical skill development

Leadership Exposure

• Throughout the program participants will be exposed to senior leadership through Lunch & Learns and a Senior Speaker Series
• Program leaders have an open door policy and encourage participants to set up one-on-one meetings

Networking

• There will be many opportunities to network with employees across Wealth Management
• Get to know as many people as possible from across the Firm!

Rotation Overview and Student Responsibilities
 

Financial Advisor Team

• Support sales efforts
• Investment research & analysis
• Client review preparation
• Assist in preparation of client’s financial plan

Financial Advisor Strategic Support

• Support digital client outreach
• Plan client events and seminars
• Attend product education events
• Prepare sales meeting materials

 
 

Branch Service Team

• Support digital client outreach
• Plan client events and seminars
• Attend product education events
• Prepare sales meeting materials

Client Experience Team

• Support new client onboarding
• Assist with client reporting requests
• Resolve client operational service issues
• Facilitate client money movement requests

 
Candidate Competency Assessment

Target CompetencyTraits
Organizational FitProfessional maturityInitative & motivationDemonstrates firm values (“doing the right thing”)
Professional SkillsLeadership & teamwork skillsPresentation skillsTime management skills
Career Focus & Technical SkillsAnalytical skillsProblem solving abilityReasons for wanting to join Scholars program