Morgan Stanley Mumbai Associate Director Salaries by 4 Employees (Updated 2025)

8 - 13 years exp.

₹26 Lakhs - ₹40 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average Associate Director Salary in Financial Services Companies for 8 - 13 years of experience

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Last Updated: 9 Mar 2025

Companies similar to Morgan Stanley for Associate Director in Mumbai

Morgan Stanley Associate Director Salary

8 - 13 years exp. (4 salaries)

₹26 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
UBS Associate Director Salary 6 - 20 years exp. (644 salaries)	₹14.8 L/yr - ₹52 L/yr 5% more
Marsh McLennan Associate Director Salary 10 - 20 years exp. (21 salaries)	₹25 L/yr - ₹52.5 L/yr 20% more	3 job openings
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HSBC Group Associate Director Salary 11 - 18 years exp. (7 salaries)	₹36 L/yr - ₹1 Cr/yr 112% more	1 job opening
BNP Paribas Associate Director Salary 7 - 16 years exp. (4 salaries)	₹23 L/yr - ₹55.2 L/yr 64% more
JPMorgan Chase & Co. Associate Director Salary 10 - 12 years exp. (4 salaries)	₹27 L/yr - ₹48.4 L/yr 25% more
Bnp Paribas Securities Associate Director Salary 25 - 27 years exp. (3 salaries)	₹34 L/yr - ₹36.5 L/yr 7% more

Associate Director salary at Morgan Stanley ranges between ₹26 Lakhs to ₹40 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Morgan Stanley.

Experience wise Morgan Stanley Associate Director salaries in Mumbai

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
9 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25 L/yr
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10 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30.1 L/yr
11 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.1 L/yr
12 years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
13 years (AmbitionBox Estimate)	₹35.4 L/yr - ₹45.2 L/yr

View all

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Salary related reviews for Morgan Stanley

1.0

Rated by 1 employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Dec 2022

3.0

for Salary and Benefits

Likes

High exposure to onshore team. Decent bonus payout. US MNC culture so beyond a point professionalism is adhered.

Job security - Excellent

Dislikes

Highly incompetent VPs and Top management. Wrong hires across top management. No visibility for team expansion. High disregard to women when it comes to maternity or otherwise. But large emphasis on diversity, highly contradictory.

Skill development - Bad

+4 more

Technical Lead in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 11 Mar 2019

3.0

for Salary and Benefits

Likes

I was lucky enough to work on 2 development from scratch products at Morgan. This gave me a tremendous learning curve. Along with it, I worked with some of the most hardworking, smart, intelligent people. Although, some people would complain of the lack of work-life balance, I felt the work to be so intriguing that I never had a problem working hard and/or over the weekends.

Skill development - Excellent

+4 more

Dislikes

The salary hikes/bonus were not as good as they were earlier, but that was primarily due to a tough business environment and it's impact on the company's profit.

Team Manager in Mumbai

Full Time

Risk Management & Compliance Department

2.0

• posted on 22 Jan 2025

3.0

for Salary and Benefits

Likes

Salary and benefits

Dislikes

Extreme favoritism, biasness and politics. Managers not discussing career path, regular 1:1s, lacks of KPIs to track performance and judging individuals on the basis of peers' feedback, lack of guidance from the leadership team and poor training mechanism

Skill development - Poor

+4 more

Director in Mumbai

Full Time

Other Department

2.0

• posted on 20 Aug 2024

4.0

for Salary and Benefits

Likes

Pay and perks are good.

Salary - Good

+1 more

Dislikes

Mid level managers in model risk management are incompetent, incapable of doing any hands on. Senior management cannot tolerate criticism No work ethics. Credit is often not given to the deserving person. Promotions are manipulated for personal propaganda.

Skill development - Bad

+3 more

Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jul 2024

3.0

for Salary and Benefits

Likes

...d at Morgan Stanley. Medical benifits, career development courses are available. While joining they provide good percent hike over your existing salary.

Skill development - Good

+1 more

Dislikes

Appraisal hikes are very low, less then market standard. Favouritism happens very frequent, community support culture is followed by senior management. Internal movements are purely dominated and managed by senior management. They don't let you leave team easily, or they spoil your ratings.

Job security - Poor

+1 more

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What people are saying about Morgan Stanley

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wolflone

works at

JPMorgan Chase & Co.

Advise Needed - Staying vs leaving

I have an offer from Morgan Stanley since I wasn’t happy with my career trajectory in my current organisation - JPMC. After tendering my resignation, the management reached out to me trying to convince why leave JPM you’ve spent a lot of time here. Take a move internally etc. Now I’m selected and they are matching the offer I had from MS. What should be the best course of action for me? JPM is offering me a product role but under the same manager - I don’t wish to be under him. MS offers me a role in product operation and the team is expected to grow. What do I choose?

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Morgan Stanley Associate Director Salary FAQs

What is the salary of Associate Director at Morgan Stanley in Mumbai?

The average salary of a Associate Director at Morgan Stanley in Mumbai typically ranges from ₹26.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Associate Director in Mumbai at Morgan Stanley earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Associate Director 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 4 Morgan Stanley employees in India.

What is the estimated take home salary of a Associate Director at Morgan Stanley in Mumbai?

The estimated take-home salary of a Associate Director at Morgan Stanley in Mumbai typically ranges from ₹2,00,001 to ₹2,07,907 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 8 years to 13 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 4 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 Director in India?

HSBC Group	₹36.0 Lakhs to ₹101.0 Lakhs per year
BNP Paribas	₹23.0 Lakhs to ₹55.2 Lakhs per year
JPMorgan Chase & Co.	₹27.0 Lakhs to ₹48.4 Lakhs per year
Marsh McLennan	₹25.0 Lakhs to ₹52.5 Lakhs per year
Bnp Paribas Securities	₹34.0 Lakhs to ₹36.5 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 Director in companies similar to Morgan Stanley in Mumbai?

The salary of a Associate Director at companies similar to Morgan Stanley in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS	₹14.8 Lakhs to ₹52.0 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 Director at Morgan Stanley in Mumbai?

The salary growth for a Associate Director at Morgan Stanley in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Director in Mumbai can expect the following growth trajectory at Morgan Stanley:

Experience	Average Salary Range
8 years	₹16.0 Lakhs to ₹20.4 Lakhs per year
9 years	₹19.6 Lakhs to ₹25.0 Lakhs per year
10 years	₹23.5 Lakhs to ₹30.1 Lakhs per year
11 years	₹27.5 Lakhs to ₹35.1 Lakhs per year

and so on.

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Morgan Stanley Associate Director Salaries in Mumbai

Morgan Stanley Associate Director salary in Mumbai ranges between ₹26 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Morgan Stanley latest salaries received from various employees of Morgan Stanley.