Career Academies UK
Capital Experience
New Rickstones Academy, Witham, Essex
Challenge College, Bradford, Yorkshire
Wednesday 6th April 2011
James Miller – Community Affairs
University
University of Bath
B.Sc. Social Sciences
Length of time with Morgan Stanley
4 years
Role
Analyst
Responsibilities
 Work with Morgan Stanley Charity
Partners
 Identify and Promote Volunteering
Opportunities
 Help Co-ordinate fundraising events
Who is Morgan Stanley?
 Morgan Stanley is a global holding company, regulated by the Federal Government,
offering a complete range of sophisticated financial services to a large and diversified
group of clients and customers, including sovereign governments, corporations,
institutions and individuals throughout the world.
 Morgan Stanley maintains leading market positions in its three primary businesses –
securities, asset management and credit services.
What is Investment Banking?
“
Investment banking is concerned with the
allocation of financial resources. That is, it is
concerned with how and why money is moved
from those who have it (investors) to those who
need it (issuers). Thus, the role of investment
banking - at least in the traditional sense - is one
of intermediation in resource allocation
”
(Marshall & Ellis)
4
Why do Investment Banks Exist?
The Flow of Capital
• Pension funds
Investors: have
money to invest
• Investment funds
• Companies
• Individuals
• New companies
• Established
companies
• Individuals
Issuers: need to
raise capital
• Governments
5
Morgan Stanley Corporate Timeline
1970 - Establishes first
presence in Japan
1995 – First Securities firm to
form an Investment Banking
Joint Venture in China
1971 – Opens a Sales &
Trading business and
establishes the Mergers &
Acquisition Division
1997 – Morgan Stanley
Group, Inc. merges with
Dean Witter, Discover & Co.
1975 – Establishes Morgan
Stanley International
in London
1990’s – Opens offices
across Europe, Asia, India
South America and Mexico
1977 – Establishes Morgan
Stanley Real Estate and
Private Wealth Management
1935 – Morgan Stanley
opens for business
1930’s 1940’s – 1950’s
1960’s
1967 – Opens a Paris office
to pursue European
business
1942 – Becomes a
member of the New York
Stock Exchange
1999 – Forms a Joint Venture
in India
1969 – Acquires a real
estate business to establish
the longest standing real
estate practice on
Wall Street
1970’s
1980’s
1990’s
2000’s
1982 – Expands the Fixed
Income Business
2002 – Forms the Global Capital Markets Group
1984 – Introduces Prime
Brokerage Service
2006 – Opens first Middle East office in Dubai.
Completes the acquisition of Nan Tung Bank
in China
1986 – Morgan Stanley goes
public and lists on the New York
Stock Exchange
1980’s – Opens offices across
Europe, Australia and Hong
Kong. Expands offices in London
and Tokyo
2005 – John Mack returns as Chairman and CEO
2007 – Spins off Discover Card business
2000’s – Opens offices across Europe, Asia, South
America and the Middle East
2008 – Bank Holding Company; $9 Billion MUFG
Investment; $10 Billion US Govt Capital Infusion;
Established Retail Banking Division
2009 – Joint Venture with Citi – “Morgan Stanley
Smith Barney”; Announced JV with MUFJ
Securities; Completed sale of MSCI-Barra; Paid
back TARP
Over 600 Offices in 30 Countries
Over 60,000 Employees, 122 Nationalities, 97 Languages spoken
Toronto
Luxembourg
Chicago
San
Francisco
Menlo Park
Los Angeles
Denver
Amsterdam
Frankfurt
Beijing
Montreal London
Moscow
Zurich
Paris
Boston
Milan
New York
Madrid
Washington
Athens Mumbai Shanghai
Geneva
Atlanta
Dallas
Austin
Tokyo
Seoul
Taipei
Hong Kong
Mexico City
Bangkok
Orlando
São Paulo
Buenos
Aires
Singapore
Johannesburg
Sydney
Melbourne
European Presence
UK (1977)
France (1990)
Germany (1987)
Ireland (1998)
Italy (1989)
Luxembourg (1989)
Netherlands (1997)
Portugal (2000)
Russia (1994)
Spain (1993/1999)
Sweden (1999)
Switzerland (1986)
Hungry (2006)
Israel (2001)
South Africa (1994)
United Arab Emirates (2006)
Saudi Arabia (2009)
New Offices planned 2010
Cairo
Warsaw
Over 8,000 Employees in 14 + 3 Countries
Morgan Stanley’s Mission and Principles
Our Mission:
Finest Financial
Financial Thinking,
Thinking, Products
Products and
andMarket
Market
To Deliver to our Clients the Finest
Execution to help them achieve even their most challenging goals
Our Principles:
Our people’s integrity and excellence, intellect and skill have made Morgan Stanley a global
leader. Our heritage of doing “first-class business in a first-class way” continues to inspire us.
Whatever our job, wherever we are in the Firm or in the world, we all are guided by one strong
set of principles:
Lead with Integrity
Put Clients First
Win in the Marketplace
Think Like an Owner
Keep Your Balance
Morgan Stanley Job Roles:
Job Roles Exercise
Organizational Chart
Morgan Stanley
Institutional Securities
Investment Banking
 Advisory: Corporate Finance, Mergers
& Acquisitions
 Global Capital Markets
Sales & Trading





Interest Rates, Currencies & Credit
Equity Trading
Commodities
Prime Brokerage
Proprietary Trading & Principal
Investing
 Distribution
Research
Morgan Stanley Smith Barney
U.S. Wealth Management
Full range of products and services
• Wealth Planning
• Corporate Services
• Investment Products
• Banking & Lending Products
Private Wealth Management
Ultra High Net Worth Segment ($20MM+)
 Private Investment Banking
 Institutional Capital Markets Services
 Comprehensive Wealth Management
Investment Management
Asset Management
 Equities
 Fixed Income
 Alternatives
Merchant Banking
 Real Estate
 Private Equity
 Infrastructure
International Wealth
Management
 Non-US based High Net Worth
Coverage
Operations, Information Technology, Finance, Risk, Legal & Compliance,
Human Resources, Talent Mgmt & Administration
Different Profile of Employees
Jack-of-allTrades
People Person
Able to synthesize and analyze
large amounts of data without
losing sight of “big picture”


Critical thinker

Problem-solver, eager to
provide advice

Persistent

Persuasive

Strong quantitative and
analytical skills


Meticulous, detail-oriented

Good project manager

Team player
Investment
Banking


Excellent interpersonal
skills
Able to communicate
“the big picture”
effectively
Numerical skills
Sales
Independent
Thinker
Risk Taker

Instinctual

Quantatively driven

Works well under time
pressure

Strong writing skills

Critical thinker

Quick analysis, quick
decisions

Persuasive


Market-focused
Ability to think on your
feet and to act quickly

Market-focused

Numerical skills
Trading
Research
Facilitator

Highly systematic,
meticulous

Likes to see a project
through from start to
finish

Tangible results

Logical

Progressive
Operations,
Finance and
Technology
Any Questions…