Morgan Stanley reviews

Where to begin... Awful culture. Described on Wallstreetoasis as "dog-eat-dog snake pit" - very accurate description from my experience as well. No sense of camaraderie, analysts treated like sweatshop workers (senior bankers recruit by picking those who they think can churn out the most work, no regard for cultural fit) Extremely judgmental and high pressure / stress-inducing culture from senior bankers No one cares about your development or exit opportunities, they just want their work done Split into Corp Finance and M&A group; unfair to Corp Finance analysts who don't get as much technical exposure or any deals on their resumes Don't expect to be able to recruit outside of California Four analysts quit within a 6 month period of working there (out of 10 analysts)

LOTS of late nights. I averaged about 50-52 hours every week. Promotions and raises are only done once a year which is "industry standard" as I was told. Managers seem to be promoted based on time served not intelligence. My manager was using notes that she borrowed from a girl who had been employed only a month! The hierarchy in the company, especially Baltimore was really bad and rigid. If you are low man on the totem pole, don't expect much help, and expect to get the shaft often. Very limited work/life balance, which they claimed was very important to them. They give a gym subsidy of $25 per month, but this is taxed once a year and it only works out to be about $15 per month. "Forced" volunteerism. Coworkers and I were pressured constantly to donate, volunteer, "we are not doing enough in our group," etc. It didn't feel like volunteering at all! Parking is not free. It costs about $120 per month to park at the building you work at! Bathrooms are limited. 3 stalls for each bathroom, for a floor of about 225-250 people.