Morgan Stanley Sustainable Finance Fellowship Program 2027

Applications are open for the Morgan Stanley Sustainable Finance Fellowship Program 2027, a 10 week summer opportunity for graduate students who want to develop experience at the intersection of finance, sustainability and investment. The programme offers fellows the chance to work with teams across Morgan Stanley that are helping direct capital towards sustainable economic growth and solutions to environmental and social challenges.

The fellowship will take place from early June to mid August 2027 at Morgan Stanley’s offices in New York City. Participants will be assigned to sustainability or impact focused teams according to their interests, skills and the organisation’s needs. The programme is designed for students currently pursuing a master’s degree or enrolled in another graduate level programme who can demonstrate a genuine interest in sustainability and finance.

Successful applicants will gain practical experience in financial research, business analysis and sustainable investing initiatives. They will also have opportunities to interact with experienced professionals and senior leaders across the firm.

About the Morgan Stanley Sustainable Finance Fellowship

Morgan Stanley’s Sustainable Finance Summer Fellowship is supported by the firm’s Global Sustainability Office and its Institute for Sustainable Investing. These teams work across the organisation to develop sustainable finance solutions, create investment tools and produce research that helps investors understand emerging opportunities and challenges.

Sustainable investing seeks to combine competitive financial returns with positive environmental and social outcomes. It considers how investment decisions can support economic development while responding to issues such as climate change, resource use, social inequality and other long term challenges.

The 10 week fellowship gives graduate students an opportunity to see how these priorities are considered within a major financial institution. Rather than following a single fixed project, fellows are placed with teams based on their backgrounds, interests and the firm’s business requirements.

Fellowship Responsibilities

The specific work assigned to each fellow will depend on the team and projects involved. However, participants may contribute to a range of research, analytical and strategic activities.

Responsibilities may include:

• Conducting strategic business analysis and detailed industry research.
• Building and working with complex financial models.
• Preparing presentations and communicating findings clearly.
• Monitoring financial markets and providing updates on relevant developments.
• Researching emerging trends in sustainability and investment.
• Gathering, organising and analysing data.
• Supporting or leading projects connected to sustainable investing initiatives.

Fellowship Benefits

The programme offers professional experience, financial compensation and opportunities to build relationships with specialists in sustainable finance.

Key benefits include:

• Paid fellowship: The advertised expected base pay rate is US$135,000 per year at the commencement of employment. This is an annualised base pay rate for the role, not a stated lump sum payment for the 10 week fellowship.
• Practical industry experience: Fellows work on projects connected to sustainability, investment research and financial analysis.
• Professional development: Participants take part in firmwide and divisional programming.
• Networking opportunities: Fellows interact with sustainable finance practitioners and senior leaders across Morgan Stanley.
• Small group learning: The programme includes learning sessions, coffee chats and social activities.
• Exposure to different teams: Placement areas may include sustainability, capital markets, private credit and equity, and impact focused wealth management.

The official listing notes that total compensation may also include discretionary bonuses and other Morgan Stanley sponsored benefits, depending on the position. Applicants should review the employment terms carefully. The fellowship does not include a guaranteed return offer for full time employment with Morgan Stanley after completion.

Who Can Apply?

The fellowship is intended for graduate students with a clear interest in the relationship between finance and sustainability. Applicants should be prepared to work in a demanding professional environment and contribute to projects involving research, analysis and collaboration.

To be considered, applicants must:

• Be currently working towards a master’s degree or enrolled in a graduate level programme.
• Demonstrate a clear and genuine interest in sustainability and finance.
• Be able to explain complex ideas effectively.
• Have strong organisational skills and the ability to meet tight deadlines.
• Be comfortable working independently and as part of a team.
• Demonstrate initiative, reliability and a willingness to take responsibility for projects.
• Be capable of managing multiple projects and working with different stakeholders.

Required Application Materials

Applicants are required to submit a resume and a separate written response of no more than 300 words.

The written response must address the following question:

What is one sustainability issue or theme that you believe deserves greater attention from investors, businesses or policymakers? Why do you think it is often overlooked, and what are the consequences if it continues to receive insufficient attention?

This question gives applicants an opportunity to demonstrate their understanding of sustainability challenges and their ability to connect those challenges with financial and business decisions.

How to Apply

Interested candidates should apply through Morgan Stanley’s official online recruitment portal.

Follow these steps:

1. Visit the official application page: Open the Morgan Stanley careers listing for the 2027 Sustainable Finance Fellowship Program.
2. Review the requirements: Read the programme description, candidate qualifications and employment conditions carefully. Confirm that you can attend in person in New York City for the full 10 weeks.
3. Prepare your resume: Update your resume to highlight relevant academic experience, analytical skills, research activities and demonstrated interest in sustainable finance.
4. Write your 300 word response: Answer the sustainability question provided in the application. Keep your response within the stated word limit and make your reasoning clear.
5. Complete the online application: Provide the requested information and upload your resume and written response as instructed.
6. Submit before the deadline: Review all information and submit your application before the closing time.