Here's What You Can Earn Working At Morgan Stanley
Landing a spot in its summer internship program is near impossible: 90,000 people applied to the gig this year, but only 1,000 were accepted, making for a 1.1% acceptance rate.
But if you do make it in, you're going to get paid. Case in point: Its junior bankers received a 25% raise over the summer.
To figure out just how much Morgan Stanley employees make, we looked through self-reported salary and bonus numbers on Glassdoor, the job reviewing site.
As is characteristic of Wall Street firms, Morgan Stanley has some outrageous bonuses.
Of those self-reported to Glassdoor, the Investment Banking Associate position stands out - while the base salary is a solid $111,801, the annual compensation jumps up to $233,446 after bonuses.
Here's the combined compensation - annual salary and bonus - for 15 positions at Morgan Stanley, in ascending order:
1. Financial Advisor Associate: $65,683 2. Financial Analyst: $85,1203. Associate: $134,766
4. Vice President - Operations: $132,256
5. Research Associate: $152,011 6. IT Senior Associate: $154,208 7. Senior Software Developer: $165,777 8. Equity Research Associate: $168,226
9. Vice President - IT: $169,477 10. Trading Associate: $173,398 11. Vice President: $201,290
13. Executive Director - IT: $221,235 14. Investment Banking Associate: $233,446 14. Executive Director: $323,854
15. Managing Director: $744,817 Compare that with what you can make at Goldman Sachs.