2027 Investment Management Summer Analyst Programme - Real Assets (London)

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about $2 trillion in assets under management or supervision as of June 30, 2026. With more than 1,300 investment professionals worldwide, and 59 offices in 26 countries, MSIM is able to provide in-depth local knowledge and expertise while channelling the strength of our global presence and resources. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, outstanding service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide.

Placement and duration

The Morgan Stanley Summer Analyst Programme in London runs for 10-weeks and offers you the opportunity to join a world class equity boutique including firm training and networking as well as on the desk training.

Training Program

London-based training begins in June with one week of intensive classroom training, including an introduction to Morgan Stanley, followed by team specific training. Throughout the internship, you will be exposed to business speakers and practical sessions as you continue to become familiar with the asset management industry.

Roles and Responsibilities

Opportunities exist within the following teams across MSIM Real Assets:

Real Estate Investing – Capital Markets: Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over $60 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. Position will be in MSREI’s London capital markets team which focusses on raising, structuring and executing financing solutions for all European investments.

Private Structured Credit – European Real Estate Debt: The European Real Assets Private Credit Team is part of Morgan Stanley’s Investment Management Real Assets capabilities which manages over $75 billion of investable capital globally across real estate and infrastructure equity and credit strategies. The European Real Assets Private Credit team manages approximately $4 billion of investable capital and focuses on investments in European real estate debt across investment grade and value-add strategies.

Qualifications, Skills & Requirements:

• You are pursuing an undergraduate or master’s degree, minimum 2.1 with an expected graduation date between December 2027 and July 2028
• You demonstrate a keen interest in the financial markets
• Passion for investing with a specific interest in real estate, demonstrated through choice of academic subjects, internships, or other experience
• Strong analytical and numerical skills, with the ability to work at ease with financial data
• You have excellent communication skills
• You have an excellent academic background and fluency in English
• You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization
• You are a self-starter with the ability to work independently
• You are driven, highly motivated and result-focused
• You have strong organizational skills with the ability to manage time efficiently and effectively
• You are detail oriented and have the ability to multi-task and work efficiently within tight time constraints

Application Process and Deadline

We recruit on a rolling basis so application is encouraged as soon as possible. We aim to review all applications within a timely manner, however our response times may vary due to high volumes. Please be assured that you will receive an update via email as soon as a decision on your application has been reached, and kindly note we are unable to accommodate any requests to accelerate the timelines of our application process.

What you can expect from Morgan Stanley

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fuelled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. To learn more about our offices across the globe, please copy and paste into your browser.