23 Comments
 

Every group at MS is top 2 in Europe except LevFin (Maybe top 5 - the firm has a very limited balance sheet historically). Tech is strong with good culture (1 protected weekend/month etc.) and decent exit opps but hard to get in, especially as an incoming intern. M&C is probably the strongest group of the bank (and Europe) but also a very big sweatshop with lots of live deals, however, exit opps are superior if you survive.

 

What do you base this on? I have seen Morgan Stanley be left-lead on some serious transactions, such as the recent T-Mobile EUR 3.2bn financing package for the buy-out of Warburg Pincus and Apax. Although MS might not play in the top of the league tables, I feel like this is mostly driven by limited volume but when they execute, it's a left-lead on large transactions (which is way more important than being MLA, passive bookrunner, on a transaction). Or am I making a wrong observation here?

 

They are both very strong but I would say that M&C has the slight upper hand here. Nevertheless, exit opps and potential for banking career are great at both and M&A might beat M&C in culture.

 

M&C, TMT and M&A are perceived as the best groups there.

As opposed to what the user above said, culture in TMT is not good, at least in terms of hours. Heard from two different sources that they were going home 4am on a daily basis; that was the norm for them. Besides that, maybe the culture is not bad, I have no idea tbh, but the hours are horrible. And yeah, it is maybe the most sought-after team by interns, so quite difficult to get in.

M&C does cool stuff too, but also long hours (maybe not as much as TMT).

Regarding M&A, it is a very good team for exits, but they do not take interns, so forget about it if you are OC/SA. However, you can intern at another team and then ask to be placed FT there. Keep in mind that this team is also very sought after, so probably you wouldn't be the only intern doing it. 

 

I mean the tech team, sorry for the naming mistake. You can ask people there about their hours if you don't believe me. 4am was the situation as far as early summer; don't think it has changed since then.

Regarding M&A taking interns, that was not the case for the last OC intake at least. I know people currently doing the OC and people in the M&A team and I know that for a fact.

edit: throwing shit just because of a naming mistake is dumb. 

 

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