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UPDATE: OMG I GOT IT! OMG OMG OMG :D (OMG, I may intern @ Morgan Stanley. )

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How are you liking this job? Did you just walk into the front door and applied? or you had connection?

Curious mind demands some answer! 😀

In any case, congrats and you better invest in some coffee 🙂

--GiLtY
 
Originally posted by: XietyCOM
Originally posted by: TuxDave
So how much are they paying you at the internships. I know 2-3 people internning at Morgan Stanley as finance undergrads and they get paid either minimum wage of no pay at all. Stingy bastards.
Click to expand...

No pay at all, I don't mind though, I'm in for my future, not $$$.
Click to expand...

Yep, stingy indeed. I was an intern this summer at a Morgan Stanley office near San Francisco - they were kind enough to pay my parking and give me a pair of tickets to an A's game. But then again I only had to work from 9-3 with an hour lunch break in between so that was nice =) Plus my bosses and the people there were pretty nice which made everything that much more pleasant. Hopefully it will help me find something better (ie PAYING lol) for next summer (my last summer before graduating in 2006). I actually did get a quasi offer to come back after graduation for full time employment, so its nice to have a backup.
 
Originally posted by: elanarchist
Originally posted by: XietyCOM
Originally posted by: TuxDave
So how much are they paying you at the internships. I know 2-3 people internning at Morgan Stanley as finance undergrads and they get paid either minimum wage of no pay at all. Stingy bastards.
Click to expand...

No pay at all, I don't mind though, I'm in for my future, not $$$.
Click to expand...

Yep, stingy indeed. I was an intern this summer at a Morgan Stanley office near San Francisco - they were kind enough to pay my parking and give me a pair of tickets to an A's game. But then again I only had to work from 9-3 with an hour lunch break in between so that was nice =) Plus my bosses and the people there were pretty nice which made everything that much more pleasant. Hopefully it will help me find something better (ie PAYING lol) for next summer (my last summer before graduating in 2006). I actually did get a quasi offer to come back after graduation for full time employment, so its nice to have a backup.
Click to expand...

Nice dude. I found the internship through my college (Virginia Tech).
I don't mind no-pay cause this is kind of a co-op, so I get credits towards my classes. I'll be interning till December and they signed an agreement to very flexible with my schedule 🙂 I'll probably work from 9 to 3 on Monday, Wednesday, Friday 🙂 3 days a week 😀

Anyways, for those that asked me what I am going to be doing: I'll be a Risk Analyst Intern. Mostly arbitrage related stuff. Of course I'm not gonna do this on my own, I'll be working with the branch manager 🙂 There are 39 employees in total, so it's a good networking opportunity as well. They have their own parking lot, so I am covered for that as well... too bad they don't pay for my gas as it's a 40 minute commute each way 🙁

 
Originally posted by: XietyCOM
Originally posted by: elanarchist
Originally posted by: XietyCOM
Originally posted by: TuxDave
So how much are they paying you at the internships. I know 2-3 people internning at Morgan Stanley as finance undergrads and they get paid either minimum wage of no pay at all. Stingy bastards.
Click to expand...

No pay at all, I don't mind though, I'm in for my future, not $$$.
Click to expand...

Yep, stingy indeed. I was an intern this summer at a Morgan Stanley office near San Francisco - they were kind enough to pay my parking and give me a pair of tickets to an A's game. But then again I only had to work from 9-3 with an hour lunch break in between so that was nice =) Plus my bosses and the people there were pretty nice which made everything that much more pleasant. Hopefully it will help me find something better (ie PAYING lol) for next summer (my last summer before graduating in 2006). I actually did get a quasi offer to come back after graduation for full time employment, so its nice to have a backup.
Click to expand...

Nice dude. I found the internship through my college (Virginia Tech).
I don't mind no-pay cause this is kind of a co-op, so I get credits towards my classes. I'll be interning till December and they signed an agreement to very flexible with my schedule 🙂 I'll probably work from 9 to 3 on Monday, Wednesday, Friday 🙂 3 days a week 😀

Anyways, for those that asked me what I am going to be doing: I'll be a Risk Analyst Intern. Mostly arbitrage related stuff. Of course I'm not gonna do this on my own, I'll be working with the branch manager 🙂 There are 39 employees in total, so it's a good networking opportunity as well. They have their own parking lot, so I am covered for that as well... too bad they don't pay for my gas as it's a 40 minute commute each way 🙁
Click to expand...

you will be in prime brokerage and they arent paying you?!?
 
Originally posted by: desiplaya4life
congrats... what is your major?
Click to expand...

Finance (Financial Risk Management concentration) and Business Administration double major at Virginia Tech.
 
Originally posted by: ActuaryTm
Originally posted by: XietyCOM
Anyways, for those that asked me what I am going to be doing: I'll be a Risk Analyst Intern.
Click to expand...
Curious. Why not go the actuarial route?
Click to expand...

You mean insurance risk? Nah, I like securities risk analysis much more 🙂
 
Originally posted by: XietyCOM
You mean insurance risk? Nah, I like securities risk analysis much more 🙂
Click to expand...
Actuaries are not limited strictly to the insurance field. Truly, actuaries can be employed in any field. A number work in the more traditional financial sector; in fact, I would not be at all surprised if at least one actuary (possibly more) was employed somewhere within that section at Morgan Stanley (look for someone with ASA or FSA designation in their title, or possibly (though less likely) ACAS or FCAS).
 
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