The Technology Machine Learning Research Summer Internship is an intensive 10-week program that provides Summer Associates the opportunity to work alongside Full-Time Finance professionals and ML specialists on impactful applied research projects. Summer Associates will work within Morgan Stanley’s Machine Learning Research Team for the entirety of the program. This is a highly motivated and collaborative team of scientists, technologists, and market practitioners. This team is responsible for working with business units and technology teams across the entire Firm to solve mission-critical high impact problems. The multi-faceted program features senior quant teach-in sessions, divisional speaker series, networking events, and community service. With individual coaching and continuous feedback, the program enables Summer Associates to experience and understand what a long-term career in ML Research within the Firm entails.
Summer Associates will receive individualized on-the-job training as they begin their daily work and projects. Summer Associates will have a direct manager, as well as a program mentor, both of whom will act as invaluable resources throughout their time at Morgan Stanley.
Role and Responsibilities:
- Independently tackle previously unsolved research problems that have commercial applications.
- Machine Learning and other advanced quantitative methods in every line of business; the purpose of the central ML Research team is to create custom algorithms and tailored solutions.
- Leverage the technical expertise and research acumen you have been cultivating in your academic careers, and apply it to real-world financial and operating problems. (Successful candidates will have experience in conducting creative, hands-on, high-impact quantitative research.)
Expected base pay rates for the role will be between $170,000 and $185,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
