About Morgan Stanley

Morgan Stanley employs over 60,000 employees in 36 countries worldwide. The three main branches of the firm are Global Wealth Management, Institutional Securities, and Investment Management.


Morgan Stanley Recruitment Process

There are many stages to the Morgan Stanley recruitment process, particularly for the Morgan Stanley graduate scheme. Each step is outlined in more detail below to give you a full understanding of what Morgan Stanley is looking for in its candidates as well as how JobTestPrep can help you succeed on each stage of the process.


Morgan Stanley Online Application Form

The online application is the first step of the Morgan Stanley recruitment process for every position. There are several key points to bear in mind when completing this form. Firstly, you are requested to upload both your CV and a cover letter. These two items should not be underestimated; they are key to heliping you pass through to the next stage, and they will also be used as the basis for your Morgan Stanley interview.


Morgan Stanley Online Tests

Once your application has been received, you will be sent a link to a combination of four possible tests: numerical reasoning, verbal reasoning, logical reasoning, and speed/accuracy checking. These tests are provided by CEB’s SHL, one of the world's largest psychometric testing companies. 

Numerical Test

This test consists of 18 questions to be answered in 25 minutes. You are presented with information in the form of tables and graphs. To answer the questions correctly, you must interpret and analyse numerical data, work out percentages and ratios, and understand different charts. The Morgan Stanley numerical test not only assesses your ability to understand complex numerical data, but it also measures how well you work under pressure. You have just over a minute to answer each question, and if you're not at the top of your game, you won't do your skills justice. Hence, a thorough understanding of these numerical tests is necessary for success. Practise CEB SHL–style numerical tests.

Verbal Reasoning Test

On this test, you are presented with a passage of information that is sometimes related to the financial world, but which is often on a subject more general. The text on the Morgan Stanley verbal reasoning test often contains a host of different facts that are only loosely related to one another. You must answer multiple-choice questions related to the text, usually four questions per text. Prepare for your test with our CEB SHL-style Verbal Reasoning practice pack.

Checking Test

This Morgan Stanley online test is vastly different from the other online tests in that your analytical skills are not under the microscope. However, your ability to work under pressure is. You are presented with a string of numbers and must then compare the given numbers to a sheet of numbers very similar to yours. You must make 32 comparisons in the two-minute time frame. Learn more about CEB SHL checking tests.

Logical Reasoning Test

On this test, you are presented with a series of diagrams that follow a logical pattern. You must identify the pattern and then select the next item in the sequence. You must choose the correct answer from one of five options. There are 24 questions on this test, and you have 25 minutes to complete it. The best way to understand these tests is take practice exams, which provide you with a thorough understanding of the underlying concepts. You can do so with our CEB SHL–style logical reasoning practice pack.


Morgan Stanley Interview

If you are successful at the previous stages of the Morgan Stanley recruitment process, you will be invited to take part in a Morgan Stanley telephone interview. This is a 45-minute competency-based interview. During the interview, you should demonstrate a real desire to work for Morgan Stanley. Some example questions include:

  • Please give me an example of when you had an idea that was different from the rest of your team. How did you deal with this?
  • Please explain any complex concept of your choice in simple terms.
  • Tell me about a time when you had to deal with a difficult task and the steps you took to accomplish the task.
  • Why have you chosen this department?
  • Why did you apply to Morgan Stanley?

You are also asked questions on your chosen division in more detail, including points about what it entails or who the regulatory bodies are.

When answering these questions, it is recommended to use the STAR method as well as to incorporate the company's key competencies. They are listed in your job application, so make sure you are completely at ease with them. Try out our interview preparation package for a complete preparation experience.


Morgan Stanley Assessment Centre

Once you have completed the previous steps, you will be invited to participate in the Morgan Stanley assessment centre. This is only a half-day assessment centre, but there are a number of different activities that you will face.

Morgan Stanley Interviews

There are two separate interviews you will attend at the Morgan Stanley assessment centre. Each of them is 45 minutes in length, with one of them being more skills-based and the other more competency-based. Some Morgan Stanley interview questions you can expect to encounter at the assessment centre are:

  • Give me an example of a skill that you have acquired and used.
  • Tell me about a time when you were wrong.
  • Tell me about a time when you disagreed with other members of your team.
  • Tell me about a time when you had to communicate with a member of the team that you found difficult to deal with.
  • Tell me about a time when you faced a major challenge.

For each of the questions, you will be probed for more detail by the two interviewers. You also need to explain your CV and qualifications, what you learned from the courses that relate to your prospective duties in the company, and why you think you are a good fit for Morgan Stanley.

Morgan Stanley Group Exercise

During this part of the assessment centre, candidates who applied for the Morgan Stanley graduate program take part in a group exercise. In this assessment, you are split up into groups of six and given a budget concerning a business acquisition. It is your task as a team to decide how to allocate the money. Each of you is given a different department to represent, and you must convince the other members of the group that your department needs X amount of money. You have 30 minutes to discuss this with other members of the team. There is, however, one big surprise: half way through your discussion, one of the assessors appears and announces that the budget has been slashed by 50%.

In addition to the discussion, the group must prepare a five-minute presentation on its results. In a sense, this is similar to a case study interview, where you present factual evidence to back up your findings.


Prepare for Success

We have gone through the various tests and assessments can expect to face throughout the Morgan Stanley recruitment process. As one of the largest multinational financial services, there is high demand for places. With the advice given here, we are sure you can go into the application with complete confidence. We hope you have enjoyed this page and look forward to helping you achieve success in your application.