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Morgan Stanley Software Engineer III salaries in Mumbai (Updated 2025)

Annual salary range
2 - 7 years exp.
₹20 Lakhs - ₹40 Lakhs
Salary of majority employees
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Fixed (86%)
₹24.8 Lakhs
Variable (14%)
₹4.2 Lakhs
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12% less than the average Software Engineer III Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer III Salary
2 - 7 years exp. (9 salaries)
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₹20 L/yr - ₹40 L/yr

IT & Information Security
Software Engineer III Salary
4 years exp. (AmbitionBox Estimate)
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₹25 L/yr - ₹32 L/yr

Last Updated: 29 Mar 2025

Companies similar to Morgan Stanley for Software Engineer III in Mumbai

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Morgan Stanley Software Engineer III Salary

2 - 7 years exp. (12 salaries)

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₹20 L/yr - ₹40 L/yr

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Company name Avg Annual Salary Open Jobs
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₹17 L/yr - ₹44 L/yr

arrow icon 18% more
60 job openings
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Bank of America Software Engineer III Salary

9 - 15 years exp. (12 salaries)

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₹23 L/yr - ₹40.5 L/yr

arrow icon 12% more
3 job openings
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BA Continuum Software Engineer III Salary

10 - 17 years exp. (11 salaries)

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₹19.2 L/yr - ₹39.4 L/yr

arrow icon 4% more
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Shaadi.com Software Engineer III Salary

3 - 4 years exp. (9 salaries)

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₹12 L/yr - ₹34.8 L/yr

arrow icon 32% less
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Forcepoint Software Engineer III Salary

5 - 9 years exp. (5 salaries)

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₹21 L/yr - ₹26.5 L/yr

arrow icon 13% less
1 job opening
Software Engineer III salary at Morgan Stanley ranges between ₹20 Lakhs to ₹40 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 12 latest salaries received from various employees of Morgan Stanley.

Latest annual salaries shared by Morgan Stanley Software Engineer III in Mumbai

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Experience wise Morgan Stanley Software Engineer III salaries in Mumbai

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹18.4 L/yr - ₹23.6 L/yr
3 years  (3 salaries)

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₹20 L/yr - ₹26 L/yr
4 years  (4 salaries)

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₹20 L/yr - ₹32 L/yr
5 years  (3 salaries)

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₹21.6 L/yr - ₹38 L/yr
6 years (AmbitionBox Estimate)

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₹28.6 L/yr - ₹36.6 L/yr
View all

Similar Designation salaries in Morgan Stanley

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₹11.2 L/yr - ₹43.2 L/yr
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₹9.35 L/yr - ₹34.74 L/yr
Data Engineer Salary
(29 salaries)
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₹15.1 L/yr - ₹32 L/yr
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₹30 L/yr - ₹72 L/yr
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₹13 L/yr - ₹26 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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₹16 L/yr - ₹23 L/yr
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₹19 L/yr - ₹33.35 L/yr

Salary related reviews for Morgan Stanley

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 May 2024

1.0
 for  Salary and Benefits

Likes

Global set up.

Dislikes

...ch diversity initiative, has filled middle management with incompetent managers. - Almost no hike, promotions. Diversity promotions are forced by senior management. - Highly incompetent managers won't let you work as they are insecure. - No coordination between business and technology. - I can go on and on. But its pointless.

read more
  • Salary - Bad
  • +5 more

Capital Markets Department

5.0
  •  posted on 14 Jun 2022

4.0
 for  Salary and Benefits

Likes

Morgan Stanley have a great culture. They care about their employees. There is a option to take internal mobility in case you want to work on different projects, technology and role. They provide enough ways to get advance in your career like unlimited access to learning programs, mentorship etc.

read more
  • Salary - Good
  • +6 more

Dislikes

Take entry with a decent compensation because yearly hike is average and if you expect a correction in your compensation then it may not happen immediately. Apparently this is the case with most of the companies.

read more

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.

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  • 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.

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Engineering - Software & QA Department

4.0
  •  posted on 23 Mar 2022

4.0
 for  Salary and Benefits

Likes

1. Employee friendly organization 2. No firing in COVID timing 3. Extremely talented and helpful colleagues 4. Work life balance depends on team and projects

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  • Salary - Good
  • +2 more

Dislikes

...Outdated tech stack. Don't expect you will be working on latest technologies. 2. Laterals kindly don't expect much hike if you don't have a counter offer or your previous company's compensation is not good.

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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.

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  • 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.

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Morgan Stanley Software Engineer III Salary FAQs

What is the salary of Software Engineer III at Morgan Stanley in Mumbai?
The average salary of a Software Engineer III at Morgan Stanley in Mumbai typically ranges from ₹20.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Software Engineer III in Mumbai at Morgan Stanley earn more than ₹38.6 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Software Engineer III 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 Software Engineer III at Morgan Stanley in Mumbai?
The estimated take-home salary of a Software Engineer III at Morgan Stanley in Mumbai typically ranges from ₹1,79,729 to ₹1,86,719 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 Software Engineer III in India?
JPMorgan Chase & Co. ₹17.0 Lakhs to ₹44.0 Lakhs per year
Bank of America ₹23.0 Lakhs to ₹40.5 Lakhs per year
BA Continuum ₹19.2 Lakhs to ₹39.4 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 Software Engineer III in companies similar to Morgan Stanley in Mumbai?
The salary of a Software Engineer III at companies similar to Morgan Stanley in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Forcepoint ₹21.0 Lakhs to ₹26.5 Lakhs per year
Shaadi.com ₹12.0 Lakhs to ₹34.8 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 Software Engineer III at Morgan Stanley in Mumbai?
The salary growth for a Software Engineer III at Morgan Stanley in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Engineer III in Mumbai can expect the following growth trajectory at Morgan Stanley:

Experience Average Salary Range
2 years ₹18.4 Lakhs to ₹23.6 Lakhs per year
3 years ₹20.0 Lakhs to ₹26.0 Lakhs per year
4 years ₹20.0 Lakhs to ₹32.0 Lakhs per year
5 years ₹21.6 Lakhs to ₹38.0 Lakhs per year
and so on.

Tell us how to improve this page.

Morgan Stanley Software Engineer III salary in Mumbai ranges between ₹20 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Morgan Stanley latest salaries received from various employees of Morgan Stanley.