Morgan Stanley Business Analyst Salaries by 100+ Employees (Updated 2025)

0 - 12 years exp.

₹6.1 Lakhs - ₹19.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% more than the average Business Analyst Salary in Financial Services Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Analyst Salary 0 - 11 years exp. (27 salaries)	₹8.5 L/yr - ₹19.9 L/yr
Data Science & Analytics Business Analyst Salary 2 - 12 years exp. (26 salaries)	₹7.2 L/yr - ₹21.8 L/yr
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Finance & Accounting Business Analyst Salary 1 - 10 years exp. (18 salaries)	₹5.3 L/yr - ₹14 L/yr
Project & Program Management Business Analyst Salary 1 - 10 years exp. (10 salaries)	₹6 L/yr - ₹16.4 L/yr
Risk Management & Compliance Business Analyst Salary 0 - 8 years exp. (9 salaries)	₹8 L/yr - ₹19.6 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Morgan Stanley for Business Analyst

Company name	Avg Annual Salary	Open Jobs
American Express Business Analyst Salary 0 - 8 years exp. (850 salaries)	₹9.2 L/yr - ₹16.5 L/yr 23% less
Citicorp Business Analyst Salary 0 - 14 years exp. (625 salaries)	₹10 L/yr - ₹35 L/yr 70% more
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JPMorgan Chase & Co. Business Analyst Salary 2 - 14 years exp. (529 salaries)	₹7.5 L/yr - ₹26 L/yr 28% more
UBS Business Analyst Salary 1 - 14 years exp. (495 salaries)	₹8 L/yr - ₹31 L/yr 45% more
HSBC Group Business Analyst Salary 1 - 14 years exp. (452 salaries)	₹8 L/yr - ₹30 L/yr 43% more	4 job openings
BNP Paribas Business Analyst Salary 1 - 12 years exp. (249 salaries)	₹6.2 L/yr - ₹22.5 L/yr 3% less
Wells Fargo Business Analyst Salary 2 - 15 years exp. (239 salaries)	₹6.2 L/yr - ₹25 L/yr 8% more
BNY Business Analyst Salary 2 - 14 years exp. (223 salaries)	₹3 L/yr - ₹21.7 L/yr 5% less
Fidelity Investments Business Analyst Salary 3 - 12 years exp. (79 salaries)	₹5.4 L/yr - ₹16.4 L/yr 17% less
Commonwealth Bank of Australia, India Business Analyst Salary 4 - 11 years exp. (63 salaries)	₹10.1 L/yr - ₹35 L/yr 65% more
State Street Corporation Business Analyst Salary 2 - 13 years exp. (62 salaries)	₹3.8 L/yr - ₹21 L/yr 4% less	1 job opening
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Aon Business Analyst Salary 0 - 7 years exp. (58 salaries)	₹2.1 L/yr - ₹11.6 L/yr 48% less
Ocwen Financial Solutions Business Analyst Salary 1 - 6 years exp. (58 salaries)	₹3.5 L/yr - ₹10 L/yr 46% less
FactSet Business Analyst Salary 3 - 12 years exp. (56 salaries)	₹4.3 L/yr - ₹16 L/yr 26% less
Motilal Oswal Financial Services Business Analyst Salary 1 - 5 years exp. (47 salaries)	₹2.8 L/yr - ₹11 L/yr 43% less
Marsh McLennan Business Analyst Salary 3 - 13 years exp. (45 salaries)	₹7.2 L/yr - ₹31.5 L/yr 36% more
Aditya Birla Capital Business Analyst Salary 0 - 7 years exp. (43 salaries)	₹5.5 L/yr - ₹17.5 L/yr 3% less
Northern Trust Operating Services Business Analyst Salary 0 - 10 years exp. (32 salaries)	₹2.8 L/yr - ₹12.7 L/yr 41% less
ANZ Operations & Technology Business Analyst Salary 3 - 14 years exp. (16 salaries)	₹8.5 L/yr - ₹26.1 L/yr 24% more
Cholamandalam Investment & Finance Business Analyst Salary 2 - 7 years exp. (16 salaries)	₹6.7 L/yr - ₹10.5 L/yr 31% less

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Business Analyst salary at Morgan Stanley ranges between ₹6.1 Lakhs to ₹19.6 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 135 latest salaries received from various employees of Morgan Stanley.

Experience wise Morgan Stanley Business Analyst salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹6 L/yr - ₹11.1 L/yr
1 year (7 salaries)	₹5 L/yr - ₹11.6 L/yr
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2 years (20 salaries)	₹4.4 L/yr - ₹17.5 L/yr
3 years (12 salaries)	₹5.6 L/yr - ₹18 L/yr
4 years (10 salaries)	₹5.1 L/yr - ₹17 L/yr
5 years (15 salaries)	₹8 L/yr - ₹20 L/yr
6 years (11 salaries)	₹8.4 L/yr - ₹23.3 L/yr
7 years (15 salaries)	₹9 L/yr - ₹19 L/yr
8 years (20 salaries)	₹8.4 L/yr - ₹24.8 L/yr
9 years (8 salaries)	₹7.7 L/yr - ₹24 L/yr
10 years (8 salaries)	₹9.2 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹19.5 L/yr
12 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹22 L/yr

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Similar Designation salaries in Morgan Stanley

Senior Business Analyst Salary

(18 salaries)

₹9.6 L/yr - ₹34.39 L/yr

Research Analyst Salary

(15 salaries)

₹4.3 L/yr - ₹7.71 L/yr

Senior Analyst Salary

(116 salaries)

₹4 L/yr - ₹16.88 L/yr

Data Analyst Salary

(41 salaries)

₹4.78 L/yr - ₹12.02 L/yr

Analyst Salary

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₹3.99 L/yr - ₹14 L/yr

Senior Data Analyst Salary

(7 salaries)

₹10.1 L/yr - ₹35 L/yr

Team Lead Salary

(177 salaries)

₹5.9 L/yr - ₹20.96 L/yr

Data Scientist Salary

(20 salaries)

₹10 L/yr - ₹35 L/yr

Project Manager Salary

(29 salaries)

₹13 L/yr - ₹30 L/yr

Lead Consultant Salary

(6 salaries)

₹11 L/yr - ₹30 L/yr

Top skills at Morgan Stanley for Business Analyst

Financial Services Business Analysis Investment Banking Wealth Management SQL Investment Management Data Analysis Risk Management Analytics Project Management Workflow JIRA Test Cases Scrum Legal Compliance

Salary related reviews for Morgan Stanley

3.4

Rated by 8 employees for salary & benefits

Senior Associate in Mumbai

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.

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.

Senior Associate in Mumbai

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.

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.

Skill development - Bad

+4 more

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

Senior Associate in Bangalore / Bengaluru

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).

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.

Work-life balance - Poor

Analyst in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 05 Jun 2022

3.0

for Salary and Benefits

Likes

Good work life balance and MS culture promotes diversity and inclusion of people from all walks of life.

Skill development - Excellent

+4 more

Dislikes

Better compensation and other benefits can help retain maximum employees and improve productivity

see more salary related reviews

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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 Business Analyst Salary FAQs

What is the salary of Business Analyst at Morgan Stanley ?

The average salary of a Business Analyst at Morgan Stanley in India typically ranges from ₹6.1 Lakhs to ₹19.6 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Business Analyst at Morgan Stanley earn more than ₹19.6 Lakhs per year, and the top 1% earn over ₹28.5 Lakhs per year. Business Analyst 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 100+ Morgan Stanley employees in India.

What is the estimated take home salary of a Business Analyst at Morgan Stanley in India?

The estimated take-home salary of a Business Analyst at Morgan Stanley in India typically ranges from ₹91,362 to ₹93,790 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹19.6 Lakhs per year for employees with experience ranging from Fresher to 12 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 100+ salaries received from various employees of Morgan Stanley. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Analyst at Morgan Stanley ?

To be a Business Analyst at Morgan Stanley in india, the key skills required include:

- Financial Services
- Business Analysis
- Investment Banking
- Wealth Management
- SQL

These skills are highly valued at Morgan Stanley and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Morgan Stanley for Business Analyst in India?

Citicorp	₹10.0 Lakhs to ₹35.0 Lakhs per year
Commonwealth Bank of Australia, India	₹10.1 Lakhs to ₹35.0 Lakhs per year
UBS	₹8.0 Lakhs to ₹31.0 Lakhs per year
HSBC Group	₹8.0 Lakhs to ₹30.0 Lakhs per year
Marsh McLennan	₹7.2 Lakhs to ₹31.5 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 Business Analyst in companies similar to Morgan Stanley in India?

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

JPMorgan Chase & Co.	₹7.5 Lakhs to ₹26.0 Lakhs per year
ANZ Operations & Technology	₹8.5 Lakhs to ₹26.1 Lakhs per year
Wells Fargo	₹6.2 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Capital	₹5.5 Lakhs to ₹17.5 Lakhs per year
BNP Paribas	₹6.2 Lakhs to ₹22.5 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 Business Analyst at Morgan Stanley in India?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹11.1 Lakhs per year
1 year	₹5.0 Lakhs to ₹11.6 Lakhs per year
2 years	₹4.4 Lakhs to ₹17.5 Lakhs per year
3 years	₹5.6 Lakhs to ₹18.0 Lakhs per year

and so on.

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Morgan Stanley Business Analyst Salaries

Morgan Stanley Business Analyst salary in India ranges between ₹6.1 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 135 Morgan Stanley latest salaries received from various employees of Morgan Stanley.