Morgan Stanley Reviews

Updated Jun 2, 2020

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3.8
75%
Recommend to a Friend
90%
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
3,036 Ratings
Pros
Cons
More Pros and Cons
  1. "Will ruin other companies for you, and increase you standards"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Java Developer in Montreal, QC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    What a great place to work, for them to be able to keep such a high ration of Senior people that have seen it all, tells you a lot, doing the occasional interview with other companies makes you realize that further.You find yourself asking ( why should I jump through hoops to get a new job that might pay slightly better, but sucks on every other levels?) * Great culture that is truly applied in every aspect * Diversity * Innovation for promotion: Everyone is trying to build that next hot internal tool, that will see wide adoption.(like a mini market where startup compete) * Benefits that really matters and you actually use * Managers are upheld to high standards and no one is promoted until they are proven * Managers are fair, flexible, understanding, trust worthy. * High standards for interpersonal interaction (respect and friendliness) * Top shelf training * The list just going...too many to list

    Cons

    * Big company that is process heavy, you have to pick your battles but they are working to fix this and empower users. * Diversity can turn tribal as you often see teams that are 90% composed of one national origin, speaking their own language at work.(they work to fix it, but its very hard with people national origin are very hard to determine ) *Innovation for promotion: Everyone is trying to build that next hot internal tool, that will see wide adoption.(will not adopt a competing product or contribute to a competing product because you want your product to win), it is the price to pay to have highly dynamic tech space.

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    Morgan Stanley2020-05-01
  2. "Still good place for new graduate"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    Opportunity to learn a lot

    Cons

    Work-life balance. Salary is not very competitive.

    Morgan Stanley2020-05-11
  3. Helpful (1)

    "It was okay I guess"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Technology Associate in Montreal, QC
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Morgan Stanley full-time for more than a year

    Pros

    For new grads, salary was above average for the city but nothing crazy. The TAP (Technology Analyst Program) where they send you to New York City to train for 15 weeks was the best part of it. It was like going on another semester of university all-expenses paid for, where you can enjoy NYC and get trained by very competent teachers. You get to learn about various technologies and some basics about finance. For new grads, do the training in NYC, come back to Montreal, and find something else.

    Cons

    Once you come back from the TAP to Montreal, the honeymoon phase is over. It's like flipping a coin: you might get in a good coin, or you might get into a bad one. Some of the employees there are dinosaurs that are unwilling and/or incapable of even considering that there is new and better technology out there, and are simply stuck in their old ways. Some other teams are fantastic with very competent people. There seems to be a lot of office politics. Before leaving, I spent nearly 5 months doing very minimal work, waiting for another team to deliver their part of some project, but their funding had been cut.

    Morgan Stanley2020-04-18
  4. "Nice colleagues"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time

    Pros

    Best people to work with technically

    Cons

    Not easy to modernIze tech stack

    Morgan Stanley2020-04-03
  5. Helpful (1)

    "Good place to work, a little too political and tight"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Developer in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    Great people, nice pay, nice benefits

    Cons

    It's a bank, it's natural that they care a lot about looks and security. Being a software developer in such a strictly secure environment can be frustrating.

    Morgan Stanley2020-03-26
  6. Helpful (1)

    "It's a nice place to work if it wasn't for the yearly layoffs."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Montreal, QC
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Morgan Stanley full-time for more than 5 years

    Pros

    Professional, lots of smart people, good technology.

    Cons

    I would say you have a roughly 10% chance of being laid off every year. So, the longer you work there the more likely it is to happen and it can be for no reason at all other than pencil pushing in New York. I have known people to get promoted one year, then laid off the next. There is no thought as to the knowledge that person holds because they know they can get younger people on a much lower salary. You will notice very few people over 40-50 in Montreal and even MDs can get fired.

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    Morgan Stanley2020-04-07
  7. "Not too bad but not amazing"

    3.0
    Former Employee - Software Developer 

    I worked at Morgan Stanley full-time for less than a year

    Pros

    The office and work is okay. Team members were quite nice. Also have nice benefits.

    Cons

    Very corporate style, and gets really political.

    Morgan Stanley2020-03-31
  8. Helpful (2)

    "A lot of work tiredness, some has easy-going, depends on the manager, Indian - none Indian Groups"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Front-end Developer in Montreal, QC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    Good benefits some get remote work

    Cons

    Not secure, any time you can lose a job, some are lucky else tirelessly work, no communication than work-related talk

    Continue reading
    Morgan Stanley2020-02-19
  9. "former employee"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Executive Assistant in Calgary, AB
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time for more than 10 years

    Pros

    Good electronic databases in place.

    Cons

    Too many staff changes at all levels.

    Morgan Stanley2020-02-25
  10. Helpful (1)

    "Very easy to get isolated"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Negative Outlook

    I worked at Morgan Stanley

    Pros

    Free Medical, dental, vision and Life insurance.

    Cons

    Very large divisions spread globally in several time zones . You never meet your colleagues. Expect reorgs to happen at least twice a year and people are either assigned to new teams with no regards to their skill sets or laid off. Reporting manager changes every few months. Almost all of their technologies are proprietary with no training. New employees will get lost easily. Training, Social events are non existent.

    Morgan Stanley2020-02-12
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