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Morgan Stanley Associate Consultant salaries in Mumbai (Updated 2025)

Annual salary range
0 - 5 years exp.
₹3.3 Lakhs - ₹11 Lakhs
Salary of majority employees
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25% less than the average Associate Consultant Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Associate Consultant Salary
0 - 3 years exp. (5 salaries)
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₹3.3 L/yr - ₹11 L/yr

Sales & Business Development
Associate Consultant Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Associate Consultant Salary
Fresher (AmbitionBox Estimate)
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₹6.5 L/yr - ₹10.4 L/yr

Last Updated: 28 Mar 2025

Companies similar to Morgan Stanley for Associate Consultant in Mumbai

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Morgan Stanley Associate Consultant Salary

0 - 5 years exp. (10 salaries)

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₹3.3 L/yr - ₹11 L/yr

vs
Company name Avg Annual Salary Open Jobs
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BNP Paribas Associate Consultant Salary

1 - 6 years exp. (20 salaries)

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₹3 L/yr - ₹11.5 L/yr

arrow icon 18% less
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Aon Associate Consultant Salary

0 - 5 years exp. (12 salaries)

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₹5 L/yr - ₹18 L/yr

arrow icon 29% more
3 job openings
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₹13 L/yr - ₹32 L/yr

arrow icon 147% more
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UBS Associate Consultant Salary

3 - 11 years exp. (7 salaries)

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₹11.1 L/yr - ₹25 L/yr

arrow icon 127% more
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Capgemini Associate Consultant Salary

0 - 7 years exp. (5.8k salaries)

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₹3.1 L/yr - ₹11.6 L/yr

arrow icon 15% less
Associate Consultant salary at Morgan Stanley ranges between ₹3.3 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 10 latest salaries received from various employees of Morgan Stanley.

Latest annual salaries shared by Morgan Stanley Associate Consultant in Mumbai

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1 year exp.
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5 years exp.
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4 years exp.
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3 years exp.
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Experience wise Morgan Stanley Associate Consultant salaries in Mumbai

Last Updated: 28 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
1 year  (4 salaries)

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₹3.3 L/yr - ₹11 L/yr
2 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
3 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Morgan Stanley

Senior Associate Salary
(791 salaries)
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₹6.3 L/yr - ₹23.3 L/yr
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₹10.75 L/yr - ₹45 L/yr
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₹9.8 L/yr - ₹33.89 L/yr
Technical Lead Salary
(18 salaries)
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₹15 L/yr - ₹45.5 L/yr
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₹7.25 L/yr - ₹26 L/yr
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₹10.85 L/yr - ₹18.07 L/yr
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₹14 L/yr - ₹30 L/yr

Salary related reviews for Morgan Stanley

Full Time

 · 

Other Department

3.0
  •  posted on 19 Sep 2024

4.0
 for  Salary and Benefits

Likes

1.Great to join if you are early in your career. 2. Salary & Increments are fine.

read more
  • Salary - Good
  • +3 more

Dislikes

They follow a very rigid hierarchy structure. Seniors make opinions based on the views from their 1 downs. You can have all the valid points in the world but no one will take your opinion if you are a junior. 2. Too much importance is given if something is said by an onshore personal. Valid points are not a consideration then.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 17 Mar 2023

5.0
 for  Salary and Benefits

Likes

Yhey give you good package if you are onroll, but if you are on contract then don't expect much.

read more
  • Salary - Excellent

Dislikes

If you are in probation, the HR does not listen to your side if your probation is extended. In my case & colleague, our probation was extended from 3 months to 6 months, after that instead of confirming probation they gave us reason that performance is not satisfactory even working hard & extending shifts. We were asked yo leave the firm, & HR does not have any role in it. They do not take part in it, once decision is made by manager. They don't put you in any other process, but simply ask to leave. Me & my colleague we both joined with a time difference of 2 weeks & both of us were not confirmed & asked to leave. Work culture is not good. Feedback & training was not give properly. Just a organisation for its name but policy are worst.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 06 Jun 2023

4.0
 for  Salary and Benefits

Likes

normally the perks are goos in the company and the salary structure with the hikes and all are good enough

read more
  • Salary - Good
  • +3 more

Dislikes

the company recently fired a lot of people post covid and therefore the job security I would say is not as good as it used to be earlier

read more
  • Job security - Poor

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

In accounting, where I work, there has never been a day when there was no learning. Everyone is quite helpful with your curious questions. Professional environment mostly. People are composed and quite civil no matter what the situation (Mostly).

read more
  • Skill development - Excellent

Dislikes

...an soon become a habit if you don't fight it. There is no overtime paid as well. Lastly, Year-end compensation is not satisfactory.

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  • Work-life balance - Poor

Engineering - Hardware & Networks Department

4.0
  •  posted on 31 May 2022

5.0
 for  Salary and Benefits

Likes

Good Company to work in, good starting compensation offered and nice organization culture. Rest of the benefits and experience depends on the project you are a part of. Over-all a good organization to switch into and good people to work with.

read more
  • Salary - Excellent
  • +5 more

Dislikes

...isappointed if you have worked with advanced tech in your previous organization. Starting Compensation offered is one of the best as per standards, but yearly hike are not at par.

read more
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Morgan Stanley Associate Consultant Salary FAQs

What is the salary of Associate Consultant at Morgan Stanley in Mumbai?
The average salary of a Associate Consultant at Morgan Stanley in Mumbai typically ranges from ₹3.3 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Associate Consultant in Mumbai at Morgan Stanley earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Associate Consultant Salaries at Morgan Stanley can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Morgan Stanley employees in India.
What is the estimated take home salary of a Associate Consultant at Morgan Stanley in Mumbai?
The estimated take-home salary of a Associate Consultant at Morgan Stanley in Mumbai typically ranges from ₹58,236 to ₹59,703 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from Fresher to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Morgan Stanley. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Morgan Stanley for Associate Consultant in India?
JPMorgan Chase & Co. ₹13.0 Lakhs to ₹32.0 Lakhs per year
UBS ₹11.1 Lakhs to ₹25.0 Lakhs per year
Aon ₹5.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Morgan Stanley, depending on the role and experience level.
What is the salary of a Associate Consultant in companies similar to Morgan Stanley in Mumbai?
The salary of a Associate Consultant at companies similar to Morgan Stanley in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini ₹3.1 Lakhs to ₹11.6 Lakhs per year
BNP Paribas ₹3.0 Lakhs to ₹11.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Associate Consultant at Morgan Stanley in Mumbai?
The salary growth for a Associate Consultant at Morgan Stanley in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Consultant in Mumbai can expect the following growth trajectory at Morgan Stanley:

Experience Average Salary Range
Fresher ₹6.1 Lakhs to ₹7.7 Lakhs per year
1 year ₹3.3 Lakhs to ₹11.0 Lakhs per year
2 years ₹6.7 Lakhs to ₹8.6 Lakhs per year
3 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
and so on.

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Morgan Stanley Associate Consultant salary in Mumbai ranges between ₹3.3 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Morgan Stanley latest salaries received from various employees of Morgan Stanley.