Morgan Stanley

Ron Jautz

Emily Baldwin

Equity Capital Markets Analyst

Although she went to college in Tennessee,  Emily Baldwin was determined to seek out a career on Wall Street. She sought out connections through her university and landed an internship her sophomore summer in the Equity Capital Markets department (ECM). She now works in ECM covering natural resources, and has been involved with taking several billion-dollar deals public.

How did you hear about the internship at Morgan Stanley?
I went about my internship search on my own. I was at school in Nashville, but I wanted a career in New York, so I started to network to get connections: I spoke to professors, other students who interned here, and the career center. The career center was especially helpful, because they have an alumni database so I was able to reach out to other alumni in New York about how I should get my resume seen at Morgan Stanley. I was very proactive in my internship search.

What do you think made you stand out as an internship candidate?
My enthusiasm. I recently ran into someone I interviewed with as a sophomore, and she joked around with me that the biggest thing about me was my energy—she remembers I lit up the room. I did not have the financial background that other analysts have, but I had a willingness to learn and prove myself.

What is the biggest challenge you face?
To keep pushing myself beyond my comfort zone. I work in equity capital markets covering natural resources—a very specific skill set. But in order for me to continue developing, I have to make sure I’m learning about other sectors and products. It’s important to have an opinion on things outside of what I’m working on.

Can you tell us about a fun project you’ve been involved with?
My first big deal when I became an analyst was for a large international gold company. The company was listed in New York and South Africa and the deal was going to be done overnight—you launch it after the market closes and then price it before the market opens. That’s usually between 4 p.m. and 9 a.m. in New York, but we had to price it by 3 a.m. because of the time difference in South Africa. I was dealing with bankers and lawyers on several different continents, and it really made me see how much effort it takes to coordinate a large deal like that. It was an intense night, but it made me realize all my hard work matters.