Morgan Stanley Sustainable Investing Fellowship

There is a need to accelerate progress on global sustainability challenges. The next generation of leaders that will innovate scalable finance solutions to sustainability challenges will need to navigate the complexity of capital markets and manage an array of stakeholder interests. Leadership and capital are required to meet these challenges

head-on. With its world-class platform for advising, originating, trading, managing and distributing capital, Morgan Stanley is partnering with Columbia Business School, a global leader in business school education, to develop the next generation of leaders.


In collaboration with Columbia Business School, Morgan Stanley launched the Sustainable Investing Fellowship in 2013 to cultivate emerging leaders in sustainable finance and investing. 

The Sustainable Investing Fellowship was announced at the launch of the Morgan Stanley Institute for Sustainable Investing, which aims to mobilize private-sector capital to address major economic, social and environmental challenges and develop the next generation of leaders at the intersection of sustainability and finance.

The Sustainable Investing Fellowship is co-managed by the Tamer Center for Social Enterprise at Columbia Business School and the Morgan Stanley Institute for Sustainable Investing and offers a select group of Columbia students the opportunity to design and implement efforts that seek to drive capital toward investments that promote sustainable economic growth.

Read more about the impact of Sustainable Investing Fellows here.

Program & Recruiting

The 2014 Sustainable Investing Fellows with Morgan Stanley Chairman and CEO, James Gorman '87.

Program Design

Sustainable Investing Fellows are hired under the auspices of the Institute for Sustainable Investing and are placed into core Morgan Stanley businesses during a 10-week internship. During the summer, Fellows work on integrating sustainability themes into transactions, research and/or other business development initiatives.

Fellows join Morgan Stanley as summer associates and are on boarded into a traditional summer program. In addition, Fellows participate in select networking opportunities, meetings with senior management, and other activities sponsored by the Institute for Sustainable investing. 

The Sustainable Investing Fellowship is part of the Morgan Stanley Institute for Sustainable Investing, which aims to advance market-based solutions to economic, social and environmental challenges.


Students who are enrolled at Columbia Business School or SIPA are eligible to apply for the Fellowship. This includes full-time MBA, EMBA and PhD candidates, and students across SIPA graduate programs.


Applications will become available in early Spring and will be made accessible on COIN. Application instructions will appear in emails that are distributed to students from the Morgan Stanley recruiting team.


Past fellows:

2020201920182017 | 2016 | 2015 | 2014

Bulgan Khaltar ’22SIPA
Read more →

Bulgan is a graduate student at the School of Internal and Public Affairs (SIPA) pursuing a master’s degree in energy and environmental Finance. As a fellow, Bulgan worked with Morgan Stanley Investment Management (MSIM)’s Sustainability team, where she helped create a decarbonization roadmap methodology for fixed income portfolios to achieve Morgan Stanley’s net-zero financed emissions commitment. She also supported MSIM in advancing their ESG integration content for client stewardship. 

Travis Leiter ’22
Read more →

Travis is an MBA student at Columbia Business School focused on accelerating the transition towards a green economy through private markets investing. He spent his fellowship working in the Private Credit and Equity (PC&E) division to deepen ESG integrations across the investment life cycle, aid the Impact Investing team with investment due diligence, and produce the inaugural PC&E ESG report.

Anna Nikolova ’21SIPA
Read more →

Anna is a recent graduate from the School of International and Public Affairs (SIPA), where she earned an MPA in environmental science and policy (MPA-ESP). As a fellow, she worked with the Global Sustainable Finance team on projects spanning firmwide sustainability strategy, ESG data integration, and thought leadership.