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Morgan Stanley Senior Associate salaries in Mumbai (Updated 2025)

Annual salary range
1 - 9 years exp.
₹7 Lakhs - ₹27 Lakhs
Salary of majority employees
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56% more than the average Senior Associate Salary in Financial Services Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Senior Associate Salary
1 - 9 years exp. (271 salaries)
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₹5.9 L/yr - ₹22 L/yr

BFSI, Investments & Trading
Senior Associate Salary
1 - 9 years exp. (126 salaries)
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₹6 L/yr - ₹25.2 L/yr

Engineering - Software & QA
Senior Associate Salary
1 - 8 years exp. (91 salaries)
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₹8.4 L/yr - ₹34 L/yr

Risk Management & Compliance
Senior Associate Salary
2 - 9 years exp. (36 salaries)
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₹5.6 L/yr - ₹19.5 L/yr

Customer Success, Service & Operations
Senior Associate Salary
2 - 9 years exp. (33 salaries)
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₹5 L/yr - ₹20 L/yr

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Last Updated: 4 Mar 2025

Companies similar to Morgan Stanley for Senior Associate in Mumbai

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Morgan Stanley Senior Associate Salary

1 - 9 years exp. (777 salaries)

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₹7 L/yr - ₹27 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Goldman Sachs Senior Associate Salary

6 - 8 years exp. (3 salaries)

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₹12.2 L/yr - ₹25.5 L/yr

arrow icon 16% more
1 job opening
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JPMorgan Chase & Co. Senior Associate Salary

4 - 18 years exp. (571 salaries)

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₹15 L/yr - ₹48 L/yr

arrow icon 99% more
15 job openings
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Bank of America Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.2 L/yr

arrow icon 71% less
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Barclays Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 51% less
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Deutsche Bank Senior Associate Salary

4 - 11 years exp. (29 salaries)

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₹7.2 L/yr - ₹27 L/yr

arrow icon 1% more
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UBS Senior Associate Salary

4 - 9 years exp. (21 salaries)

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₹6 L/yr - ₹24.5 L/yr

arrow icon 10% less
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Nomura Holdings Senior Associate Salary

4 - 12 years exp. (58 salaries)

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₹12 L/yr - ₹42 L/yr

arrow icon 55% more
1 job opening
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HSBC Group Senior Associate Salary

1 - 7 years exp. (12 salaries)

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₹5.2 L/yr - ₹14.4 L/yr

arrow icon 28% less
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Standard Chartered Senior Associate Salary

4 - 6 years exp. (4 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 61% less
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Blackrock Senior Associate Salary

6 - 13 years exp. (15 salaries)

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₹11.3 L/yr - ₹32.5 L/yr

arrow icon 23% more
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State Street Corporation Senior Associate Salary

1 - 12 years exp. (354 salaries)

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₹3.1 L/yr - ₹10.5 L/yr

arrow icon 60% less
1 job opening
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BNY Senior Associate Salary

2 - 14 years exp. (41 salaries)

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₹11.3 L/yr - ₹25.7 L/yr

arrow icon 10% less
28 job openings
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BNP Paribas Senior Associate Salary

1 - 11 years exp. (844 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 43% less
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Marsh McLennan Senior Associate Salary

3 - 9 years exp. (336 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 69% less
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₹3.6 L/yr - ₹9.1 L/yr

arrow icon 53% less
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Citicorp Senior Associate Salary

2 - 9 years exp. (42 salaries)

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₹2.9 L/yr - ₹11.6 L/yr

arrow icon 53% less
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₹3.3 L/yr - ₹5.5 L/yr

arrow icon 73% less
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₹18.1 L/yr - ₹28 L/yr

arrow icon 17% more
2 job openings
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Aon Senior Associate Salary

2 - 6 years exp. (3 salaries)

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₹7.9 L/yr - ₹8.2 L/yr

arrow icon 50% less

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Senior Associate salary at Morgan Stanley ranges between ₹7 Lakhs to ₹27 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 777 latest salaries received from various employees of Morgan Stanley.

Latest annual salaries shared by Morgan Stanley Senior Associate in Mumbai

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Experience wise Morgan Stanley Senior Associate salaries in Mumbai

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
1 year  (20 salaries)

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₹7.8 L/yr - ₹31 L/yr
2 years  (107 salaries)

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₹7.3 L/yr - ₹23.3 L/yr
3 years  (148 salaries)

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₹7 L/yr - ₹29.9 L/yr
4 years  (166 salaries)

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₹6.9 L/yr - ₹29.4 L/yr
5 years  (142 salaries)

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₹6.6 L/yr - ₹25.7 L/yr
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Morgan Stanley Senior Associate Salary and Career Growth

From

To

Senior Associate

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1 - 9 years exp.

Executive Director

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13 - 23 years exp.

Senior Associate 1 - 9 years exp.
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Manager 2 - 11 years exp.
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arrow icon 50% hike
Senior Manager 5 - 15 years exp.
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arrow icon 41% hike

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Similar Designation salaries in Morgan Stanley

Team Lead Salary
(99 salaries)
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₹7 L/yr - ₹19.06 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 - ₹42.5 L/yr
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₹7.25 L/yr - ₹26 L/yr
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₹19 L/yr - ₹33.35 L/yr

Top skills at Morgan Stanley for Senior Associate

Financial Services Investment Banking Fixed Income Risk Management Wealth Management Fund Administration Analytics Investment Management Operations Auditing Financial Services Sales Administration Analytical OTC

Salary related reviews for Morgan Stanley

3.5

Rated by 61 employees for salary & benefits

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

 · 

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 - Software & QA Department

4.0
  •  posted on 14 Jun 2022

5.0
 for  Salary and Benefits

Likes

Compensation is pretty decent. A lot of other benefits offered. People are cultured, and profressional.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Businiess priorities don't always align with career ambitions for CS peeps. Teams are collaborating from all over the world so one has to start late and end late.

read more

Engineering - Software & QA Department

2.0
  •  posted on 20 May 2021

4.0
 for  Salary and Benefits

Likes

Pros : Only good hikes and bonus compared we competitors in the market

  • Salary - Good
  • +1 more

Dislikes

As overall MS is good, its only about the fund services department Micromanagement - even if u are away for 10-15 mins managers you to check, they keep tap on status on how mang minutes we are away from the system. There is no term called as work life balance, literally you will made to work 16-17hrs a day, if they wish they will implement 24*7 work. Then more worse to work on weekends, Technology backward, so much redundant and repitative work, HR department is for name sake no one to listen to your griveances, managers & above level are very bossy, if you raise your concern & try to raise your voice you will be targeted. They dont care about the well being of employee, taking a sick leave is like battle so many questions are asked. There is no personal growth. All you will gain here is lots of health issue & unhealthy life and no personal growth. All this is resulting in a high attrition rate. Advice to management : Put treat employees like humans not like working robots. If the workstyle is like this soon you will be left with peanuts

read more
  • Work satisfaction - Bad
  • +2 more
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Morgan Stanley Senior Associate Salary FAQs

What is the salary of Senior Associate at Morgan Stanley Mumbai?
Senior Associate salary at Morgan Stanley in Mumbai ranges between ₹7.0 Lakhs to ₹27.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 56% more than the average Senior Associate Salary in India. Salary estimates are based on 777 latest salaries received from various employees of Morgan Stanley Mumbai.
How does the salary of a Senior Associate at Morgan Stanley Mumbai compare with the average salary range for this job?
The average salary of a Senior Associate at Morgan Stanley is 56% more than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Associate at Morgan Stanley?
Financial Services, Investment Banking, Fixed Income, Risk Management and Wealth Management are some of the popular skills required to work as a Senior Associate at Morgan Stanley Mumbai.
Which similar companies are paying more than Morgan Stanley to a Senior Associate in Mumbai?
  • JPMorgan Chase & Co. Senior Associate Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
  • Nomura Holdings Senior Associate Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
  • Blackrock Senior Associate Salary - ₹11.3 Lakhs to ₹32.5 Lakhs per year
  • Northern Trust Operating Services Senior Associate Salary - ₹18.1 Lakhs to ₹28.0 Lakhs per year
  • Goldman Sachs Senior Associate Salary - ₹12.2 Lakhs to ₹25.5 Lakhs per year
What is the salary of a Senior Associate in companies similar to Morgan Stanley in Mumbai?
  • Deutsche Bank Senior Associate Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year
  • BNY Senior Associate Salary - ₹11.3 Lakhs to ₹25.7 Lakhs per year
  • UBS Senior Associate Salary - ₹6.0 Lakhs to ₹24.5 Lakhs per year
  • HSBC Group Senior Associate Salary - ₹5.2 Lakhs to ₹14.4 Lakhs per year
  • BNP Paribas Senior Associate Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Senior Associate at Morgan Stanley in Mumbai?
The estimated take-home salary of a Senior Associate at Morgan Stanley ranges between ₹1,09,418 per month to ₹1,12,444 per month in Mumbai. The take-home salary calculation is based on the average Morgan Stanley Senior Associate salary in India which ranges between ₹7.0 Lakhs to ₹27.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at Morgan Stanley in Mumbai?
According to AmbitionBox, 83% of the Morgan Stanley Senior Associates in Mumbai reported a notice period of 2 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 441 responses on AmbitionBox in last 2 years.

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Morgan Stanley Senior Associate salary in Mumbai ranges between ₹7 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 777 Morgan Stanley latest salaries received from various employees of Morgan Stanley.