Compare Morgan Stanley vs Bank of America

See how working at Morgan Stanley vs. Bank of America compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Morgan Stanley vs. Bank of America. Learn more about each company and apply to jobs near you.
Morgan Stanley company icon

Morgan Stanley

Investment & Asset Management

Morgan Stanley

Investment & Asset Management
Bank of America company icon

Bank of America

Banking & Lending

Bank of America

Banking & Lending

Salaries

Vice President
12 Salaries
$265,000 / yr total
12 Salaries
Intern
3 Salaries
$1,500 / mo total
3 Salaries
Analyst
12 Salaries
$77,500 / yr total
12 Salaries
Vice President
53 Salaries
$148,000 / yr total
53 Salaries
Intern
34 Salaries
$1,100 / mo total
34 Salaries
Analyst
23 Salaries
$55,200 / yr total
23 Salaries

Employee Ratings

Morgan Stanley scored higher in 5 areas: Culture & Values, Senior Management, CEO Approval, Recommend to a friend and Positive Business Outlook.
Bank of America scored higher in 3 areas: Diversity & Inclusion, Work-life balance and Compensation & Benefits.
Both tied in 2 areas: Overall Rating and Career Opportunities.
Overall rating
4.0
Based on 13034 reviews
4.0
Based on 13034 reviews
4.1
Culture & Values
Higher rating
4.1
Higher
Culture & Values
4.1
Diversity & Inclusion
4.1
Diversity & Inclusion
3.6
Work-life balance
3.6
Work-life balance
3.8
Senior Management
Higher rating
3.8
Higher
Senior Management
3.8
Compensation & Benefits
3.8
Compensation & Benefits
3.9
Career Opportunities
3.9
Career Opportunities
Employee sentiment
Morgan Stanley Ceo James P. Gorman
92%CEO Approval
James P. Gorman
Morgan Stanley Ceo James P. Gorman
92%CEO Approval
James P. Gorman
82%
82%Recommend to a friend
Morgan Stanley employees rated their Recommend to a friend 3% higher than Bank of America employees rated theirs.
82%
82%Recommend to a friend
79%
79%Positive Business Outlook
Morgan Stanley employees rated their Positive Business Outlook 6% higher than Bank of America employees rated theirs.
79%
79%Positive Business Outlook
Overall rating
4.0
Based on 33475 reviews
4.0
Based on 33475 reviews
4.0
Culture & Values
4.0
Culture & Values
4.2
Diversity & Inclusion
Higher rating
4.2
Higher
Diversity & Inclusion
3.7
Work-life balance
Higher rating
3.7
Higher
Work-life balance
3.6
Senior Management
3.6
Senior Management
4.0
Compensation & Benefits
Higher rating
4.0
Higher
Compensation & Benefits
3.9
Career Opportunities
3.9
Career Opportunities
Employee sentiment
Bank of America Ceo Brian T. Moynihan
88%CEO Approval
Brian T. Moynihan
Bank of America Ceo Brian T. Moynihan
88%CEO Approval
Brian T. Moynihan
79%
79%Recommend to a friend
79%
79%Recommend to a friend
73%
73%Positive Business Outlook
73%
73%Positive Business Outlook

What Employees Say

"Work life balance" was the most mentioned Pro at Morgan Stanley. "Great benefits" was the most mentioned Pro at Bank of America. "No work life" was the most mentioned Con at Morgan Stanley. "Long hours" was the most mentioned Con at Bank of America.
Trending keywords
Trending keywords
Pros
"Work life balance"in 786 reviews
"Learn a lot"in 239 reviews
Cons
"No work life"in 142 reviews
"Working hours"in 346 reviews
Trending keywords
Pros
"Great benefits"in 3130 reviews
"Work from home"in 507 reviews
Cons
"Long hours"in 605 reviews
"Upper management"in 553 reviews
Featured Review
Featured Review
4.0
16 Apr 2022

Current Employee - Executive Director

Pros

Generally better management structure than other investment banks. Strong equity franchise (not so much for fixed income and credit).

Cons

Pay package is just average, and below market in certain departments. Very slow in adopting modern remote working business model.

Featured Review
5.0
17 Nov 2022

Current Employee - Anonymous Employee

Pros

very good experience inclusive community

Cons

work life balance very tired