As at many Financial Services companies, women are the minority. Although men seemed to respect their female colleagues, and women are able to be promoted alongside men, there are less women in senior management than men (in the Institutional Equity Division). There is also a much more significant density of women in sales than in trading (currently one women on all of the derivatives trading desks combined). During my internship, I met two pregnant women who were not discontent with the maternity leave policy because they understand that their jobs are market-focused and require face time.
Job Satisfaction Level
I was in Sales and Trading, and I was primary interested in trading because of my engineering background. However, they were "highly encouraging" me to go into sales and were not planning on considering me for trading positions in the future.
Extremely sexist place. Groups within the department openly talk about not wanting female analysts on the team. I can count the number of mid-level women on one hand and they don't advance. No senior women to speak of. They are extremely proud of their frat culture and plan to stay that way.
The guys are lewd and inappropriate. I don't feel comfortable going to any group social events. Unless you want to play the dumb sorority girl role, there is no place for you.
its not a bad place to work in early career. fair amount of responsibility and exposure. once you have kids it becomes really tough. women just drop out. either completely overworked or utterly underutilized. feels like if you aren't white and male you just can't get ahead.
Worked there and predecessor firms for more than two decades. Shearson, Smith Barney and Citi were far better for women than MS. The bottom line is what matters at MS and employee morale doesn't appear to be an objective of the senior management team - which by the way has very few women.