Prepare for your Morgan Stanley finance interview

Valuation, capital markets, and behavioral rounds tailored to Morgan Stanley’s analytical rigor and team-first culture.

Socratify AI

The Interview

What Morgan Stanley is looking for

Technical Interview

Technical Finance Interview

01Valuation Methodology & Football Field

02Leveraged Buyout Analysis

03Capital Structure Optimization

04Comparable Company & Transaction Analysis

Markets Interview

Markets & Industry Discussion

01Current Market Environment

02Sector Expertise

03Investment Thesis Development

04Risk Assessment

Behavioral Interview

01Intellectual Curiosity

02Team Orientation

03Adaptability

04Communication Clarity

Equity capital markets leadership//Analytical rigor culture//Team-first work environment

Practice Library

Morgan Stanley exercises

Ready to ace your Morgan Stanley finance interview?

Prepare for your Morgan Stanley finance interview

Valuation, capital markets, and behavioral rounds tailored to Morgan Stanley’s analytical rigor and team-first culture.

Socratify AI

The Interview

What Morgan Stanley is looking for

Technical Interview

Technical Finance Interview

01Valuation Methodology & Football Field

02Leveraged Buyout Analysis

03Capital Structure Optimization

04Comparable Company & Transaction Analysis

Markets Interview

Markets & Industry Discussion

01Current Market Environment

02Sector Expertise

03Investment Thesis Development

04Risk Assessment

Behavioral Interview

01Intellectual Curiosity

02Team Orientation

03Adaptability

04Communication Clarity

Equity capital markets leadership//Analytical rigor culture//Team-first work environment

How It Works

Master Morgan Stanley Finance Interviews

Valuation, markets discussion, and behavioral rounds, scored on Morgan Stanley’s evaluation dimensions. · Click to expand

1Your Finance Goals

Financial Modeling

Practitioner

Valuation Analysis

Practitioner

2Finance Case Prep

Walk through a leveraged recapitalization analysis for a consumer products company.

CASE INTERVIEWHard

Morgan Stanley

3Frameworks

Framework

Is the $1.2B price justified by intrinsic value?

What does a DCF analysis indicate?

Unlevered FCF: $95M, growing 6% with 9.5% WACC = $1.05B enterprise value

Terminal value accounts for 68% of total — high sensitivity to growth assumptions

How does the price compare to public comps?

Peer median EV/EBITDA: 10.2x vs implied 12.6x — 24% premium

Revenue multiple: 2.8x vs peer median 2.1x

Does the deal create strategic value beyond standalone?

Are synergies achievable and quantifiable?

Cost synergies: $45M/yr (admin consolidation + procurement)

Revenue synergies: $30M/yr (cross-sell, geographic expansion) — 60% realization risk

Market position improvement?

Combined market share: 18% → 26% in target region

What are the key risks and financing considerations?

How should the deal be financed?

Debt capacity: 4.5x EBITDA = ~$430M senior debt at L+275bps

Equity bridge: $770M — 8.2% dilution at current share price

Regulatory and integration risk?

Antitrust review: 6-9 month timeline, 15% probability of conditions

4Feedback

Valuation Methodology

Distinctive

Financial Modeling

Strong

Deal Analysis

Meeting Bar

Market Awareness

Strong

Repeat

Practice Library

Morgan Stanley exercises

A consumer products company is considering a leveraged recapitalization. Walk me through...

CASE INTERVIEWHard

Consumer Products · Leveraged RecapitalizationMorgan Stanley

Compare the valuation of a fast-growing biotech company using DCF, public comps, and...

LEARNMedium

Healthcare · Valuation MethodologyMorgan Stanley

The 10-year Treasury yield has risen 150bps in 6 months. Explain the impact on equity...

LEARNMedium

Capital Markets · Market AnalysisMorgan Stanley

Tell me about a time you had to quickly learn a new industry or domain to deliver an...

BEHAVIORALMedium

Behavioral · Intellectual CuriosityMorgan Stanley

Describe a situation where you disagreed with a team member’s approach and how you...

BEHAVIORALHard

Behavioral · Team CollaborationMorgan Stanley