Monday, April 2, 2018
Why Morgan Stanley Targets Non-Finance Recruits
A Glen Cove, New York, native, Erin Bergano is a dean's list graduate of the University of Rhode Island who has worked in the campus recruitment department of Morgan Stanley since 2015. In this position, Erin Bergano coordinates campus recruiting at Ivy League schools throughout the United States.
Morgan Stanley is one of the largest financial services firms in the world, but its success isn't built solely through the work of Certified Public Accountants or those with degrees in finance, mathematics, and computer science. While the company does attract graduates in those fields, its yearly intake of recruits includes a significant amount of arts majors. According to Becci McKinley-Rowe, managing director of Morgan Stanley's London-based institutional equity division, it's essential to compose a team of individuals with different perspectives, and those with humanities degrees often bring a broader view to the table.
Moreover, students who specialized in history, languages, or geography are generally more interested in world events and politics, and thus more apt to consider the wider economic or political landscape in regard to business decisions. Language students, for example, pay particular attention to minute details in spelling, which can foster a strong attention to detail that can be applied to financial analysis. It's crucial to have a strong grasp of arithmetic, but much of the technical aspect of financial modeling is taught in-house.