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Equity Research Analyst (New Graduate)

Morgan Stanley India

Full-time Hybrid India

Job Description

About This Role

Morgan Stanley India is hiring New Graduate Equity Research Analysts for its India Research team. Morgan Stanley Research is consistently ranked #1 or #2 globally by institutional investors. India-based analysts support coverage of Indian equity sectors — writing detailed research reports, building financial models, and generating investment recommendations that move markets for India's most traded stocks.

Key Responsibilities

  • Build detailed financial models for Indian listed companies: P&L projections, balance sheet, DCF valuation, and earnings estimates
  • Assist lead research analysts in writing sector reports, earnings preview/review notes, and initiation of coverage (IC) reports
  • Track quarterly earnings of covered companies: attend management calls, update models, and revise price targets
  • Conduct company management meetings, conference calls, and plant visits with Morgan Stanley's institutional clients
  • Analyse industry data: sales volumes, government policy announcements, sectoral trends, and competitor benchmarking
  • Use Bloomberg, CMIE Prowess, ACE Equity, and Morgan Stanley proprietary tools for data extraction and analysis

Requirements & Skills

  • MBA (Finance) or CFA Level I cleared from a recognised institution (2025/2026 batch)
  • Strong equity research skills: financial modelling, ratio analysis, and equity valuation
  • Good writing ability for research report drafting and investment thesis articulation
  • Passion for Indian equity markets and a track record of following sectors or stocks
  • Bloomberg and Excel proficiency; NISM Research Analyst certification is a plus

Benefits & Work Conditions

  • Highly competitive analyst salary with Morgan Stanley annual bonus
  • Morgan Stanley's structured Research Analyst programme with global research team exposure
  • Access to Bloomberg Terminal, FactSet, and MSCI analytics platforms
  • Hybrid work at Morgan Stanley's premium Mumbai and Bengaluru offices
  • CFA certification study support and comprehensive health insurance

About the Company

Morgan Stanley is a global investment bank with $60 billion+ in revenue and 82,000 employees in 41 countries. Morgan Stanley India Research covers 200+ Indian companies across 15+ sectors and is consistently voted #1 by Indian institutional investors in Asiamoney and Greenwich surveys. Morgan Stanley India employs 10,000+ professionals in Mumbai and Bengaluru.

How to Apply

Apply at morganstanley.com – India Campus Recruiting and search for Equity Research Analyst roles.

Job Details

Salary ₹12 – ₹22 / month
Job Type Full-time
Work Mode Hybrid
Location Mumbai, Maharashtra
Bengaluru, Karnataka
Apply Before Jul 24, 2026
Important: We never charge any fee at any stage of the hiring process. If anyone asks for money, report it to [email protected].