2027 Investment Banking Summer Analyst Program (Toronto)

Toronto, Ontario, Canada

Morgan Stanley is a worldwide leader in Investment Banking. We are one of the top firms in mergers & acquisitions (M&A), underwriting of equity and debt transactions. With professionals in over 30 countries, we are consistently recognized for our performance in traditional and innovative financing techniques, helping clients around the world to make decisions about their business strategy and financial structure. In Canada, we have opportunities in Toronto. Our office integrates our extensive knowledge of local and international markets, which allows us to handle some of Canada's most remarkable transactions. Our diverse office reflects a wide variety of experiences, and we always strive to give back to the communities where we live and work. Summer Analyst Training Program Summer Analysts experience the culture and atmosphere of Morgan Stanley by taking on responsibilities of a Full Time Analyst, working on a variety of corporate transactions, and making meaningful contributions to the delivery of projects. Summer Analysts will be involved in an immersive orientation program and learn about our culture as well as the benefits and responsibilities of being a member of the Firm. In addition, Summer Analysts participate in an intensive division-specific training program focused on developing a strong foundation in the basic skills of financial analysis, accounting, and valuation. Upon conclusion of training, Summer Analysts will have an opportunity to work on a wide range of transactions in their assigned group. Summer Analysts receive continued on-the-job training throughout the program and benefit from working alongside experienced professionals during their internship. Summer Analysts have many opportunities to exchange ideas and network with peers, mentors and senior managers through team-building sessions and other organized events. Responsibilities The roles and responsibilities of a Summer Analyst vary but may include: Analyzing detailed corporate and financial information Creating statistical exhibits that analyze comparative financial performance Building models to illustrate projected financial results and value to companies Developing marketing memoranda and delivering sections of research presentation Participating in the execution of financings and M&A transactions Acting as the liaison for the team and other parts of the Firm Qualifications, Skills & Requirements Pursuing an undergraduate degree with a graduation date between December 2027 and June 2028 Minimum 3.4 GPA Possess basic knowledge of and a keen interest in finance Analytical, adaptive, multi-tasker and team player Strong work ethic and leadership skills Strong oral and written communication skills Investment Banking applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready.

Financial Specialists

January 26, 2026

March 07, 2026