Ask Sawal

Discussion Forum
Notification Icon1
Write Answer Icon
Add Question Icon

What is special about morgan stanley?

2 Answer(s) Available
Answer # 1 #

At Morgan Stanley, we put our beliefs to work. We lead with exceptional ideas, prioritize diversity and inclusion and find meaningful ways to give back—all to contribute to a future that benefits our clients and communities. For 87 years, we've had a passion for what's possible.

Rose, Chandivale
Answer # 2 #

The question, “why this firm?” is guaranteed to come up at least once during your investment banking interviews. We know this having collected 300 Glassdoor analyst interview questions from Goldman Sachs, JP Morgan, and Morgan Stanley, in which this question was by far the most common.

So it’s imperative that you come to the interviews having thought about why you want to work for this firm specifically, rather than its competitors. We’ve put together this guide to help you craft the perfect answer.

Our first tip: Don’t just say “it’s a great opportunity.”

Let’s get started.

First, let’s take a look at what components make up a great answer to this question. We’ll get an idea of what interviewers are looking for when they ask it, as well as what you can do to meet and exceed their expectations.

Working in investment banking is intense, especially at bulge bracket firms like Goldman Sachs, JP Morgan, and Morgan Stanley. You’ll be working long hours, addressing last-minute emergencies, and communicating with high-profile, demanding clients.

Interviewers ask questions like “why investment banking?” and “why this firm?” to test whether you’ve got the motivation to last in this environment. If they sense that a candidate is not motivated enough, or has the wrong motivations (e.g. the high salary), then they’re unlikely to hire them.

Interviewers also want to know whether you’ve done your research. As you’ll be doing quite a bit of research and analysis on the job, showing a nuanced understanding of the firm in your answer is a good sign to the interviewer that you possess the right skills for the position.

Now that we’ve got a better idea of why interviewers ask this question in the first place, let’s get into the components of a great answer.

Finally, before moving on to a few sample answers, take some time to review common mistakes that candidates make when answering this question.

Let’s take a look at an example answer to “why do you want to work at Goldman Sachs?”. First, we’ll go over five details that make Goldman Sachs different from other bulge bracket firms, which you can include in your answer.

From the outside, bulge bracket firms like Goldman Sachs, JP Morgan, and Morgan Stanley may appear similar, but there are plenty of aspects that set them apart from each other.

Here are five details about Goldman Sachs that will be useful in crafting your answer:

To stay up to date on Goldman’s latest deals and learn more about its culture, subscribe to the Briefings newsletter, go over their purpose and values, and study their strategy.

With those points in mind, here is an example answer for you to work with.

Now, let’s take a look at what makes JP Morgan unique as well as how to answer the question, “why JP Morgan?”

While Goldman Sachs is an industry leader in investment banking, there are many reasons why a candidate would target JP Morgan instead. Here are four of them:

You’ll also want to stay up to date on JP Morgan’s latest deals. For that, keep up with their weekly brief, and go over their strategy.

Here is an example of how a candidate may answer this question in an interview.

Finally, let’s get into why you may want to work at Morgan Stanley, as well as what makes this company unique.

Morgan Stanley has been a rival to companies like Goldman Sachs for decades, so it stands that there are several reasons why a candidate would opt for Morgan Stanley over other investment banking giants.

Here are a few of those reasons:

For more information, keep an eye on Morgan Stanley’s insights and strategy, and take a look at this comparison of Morgan Stanley and Goldman Sachs’ business models.

Here’s one last sample answer for you, this time for a candidate interviewing at Morgan Stanley.

As we mentioned before, the best way to ace this question during your interviews is to have practiced it beforehand. Here are two steps that you should take to come prepared with your perfect answer to “why do you want to work here?”

First, take some time to write out your answer. Make note of what inspires you about the company, which people you’ve met there, and any personal experience you have that aligns with the firm’s vision.

Pick two or three of the strongest reasons you want to work for the firm, and write them out in more detail. Strike out unnecessary details, and keep the ones that are the most clear and compelling.

Practice saying your answer out loud, and time yourself, aiming for about 1 minute. Rehearse it until you’re able to answer the question naturally, without forgetting any key details.

Next, it’s time to try out your answer in an interview setting. A great place to start is to do mock interviews with friends or peers.

This will help you polish your answer, practice answering follow-up questions, and work with other types of questions like business sense and technical IB interview questions. However, if your interview partner isn’t familiar with investment banking interviews, then practicing with an ex-interviewer will give you an extra edge.

If you know someone who runs interviews at an investment bank, then that’s amazing! They'll be a great person for you to practice with.

Aran Bonas
Dance Historian