Morgan Stanley is seeking an experienced Analyst/Associate to join the Airlines & Freight Transportation team in New York City. This team covers over 30 stocks in the transportation sector and is known for its unique perspectives and in-depth research. The role involves creating financial models, conducting industry analysis, and engaging with institutional investors. Candidates should have a strong commitment to excellence and a passion for the markets.

• Ideally 1-2 years of professional experience in equity research or investment banking
• Experience or sector knowledge in airlines and/or freight transportation is highly desirable
• Proven experience using Excel to build and maintain financial models; advanced Excel proficiency is required
• Strong written and verbal communication skills
• Demonstrated interest in public markets and a genuine curiosity about stock performance
• Comfort adopting AI-enabled tools and new technologies
• Demonstrated attention to detail and commitment to accuracy
• Ability to adapt quickly and work well under pressure
• High EQ, strong personal drive, energy, creativity, and organizational discipline
• Ability to think independently and develop differentiated views

• Create and maintain financial, valuation, and industry models
• Translate data into insightful research reports with clear investment debates
• Develop and maintain relationships with management and investor relations teams
• Engage with institutional investors by responding to in-depth questions
• Support internal sales and trading teams with timely analysis of sector news
• Adopt and apply AI-enabled research tools to improve research efficiency
• Conduct industry diligence and primary research to evaluate trends
• Collaborate with cross-functional teams to produce larger industry reports

• Morgan Stanley offers extensive benefits that support employees’ careers, health, finances, and families, including top-tier medical coverage, mental health support, generous parental leave, fertility and family-building benefits, and robust retirement and stock purchase plans. Employees also gain access to continuous learning and networking opportunities, volunteer and giving programs aligned with the firm’s values, and hundreds of lifestyle perks like discounted products, cultural and entertainment tickets, and commuter savings.