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Salary guide · India 2026 · verified 2026-07

Morgan Stanley salary in India

Morgan Stanley India salary 2026: SWE entry ₹18–28 LPA, mid ₹32–50 LPA, senior ₹55–90 LPA plus RSU. Mumbai technology campus CTC breakdown and negotiation guide.

Roles covered15
16 to 26 LPA total CTC
BaseNot reported
Equity2 to 5 LPA
Verified2026-07-21

Software Engineer at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry16 to 26 LPANot reported2 to 5Reported2026-07-21
Mid30 to 50 LPANot reported6 to 16Reported2026-07-21
Senior55 to 90 LPANot reported15 to 35Reported2026-07-21
Lead60.5 to 107.2 LPA35.4 to 90.1None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Investment Banking Analyst at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry6.6 to 13.2 LPA3.6 to 10.8None reportedReported2026-05-09
Mid13.2 to 26.4 LPA7.2 to 21.7None reportedReported2026-05-09
Senior24.2 to 47.9 LPA13.3 to 39.3None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + bonus payout history + compliance/risk scope. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Backend Developer at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry11 to 20.9 LPA6.2 to 17.6None reportedReported2026-05-09
Mid19.8 to 37.4 LPA11.3 to 31.4None reportedReported2026-05-09
Senior38.5 to 71.5 LPA22.1 to 60.1None reportedReported2026-05-09
Lead60.5 to 107.2 LPA35.4 to 90.1None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Business Analyst at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry6.6 to 13.2 LPA3.8 to 11.3None reportedReported2026-05-09
Mid11.9 to 15.1 LPA8.9 to 11.3None reportedReported2026-05-09
Senior13 to 16.4 LPA9.8 to 12.3None reportedReported2026-05-09
Lead22 to 41.2 LPA12.9 to 35.4None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Data Analyst at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry6.6 to 12.1 LPA4 to 10.7None reportedReported2026-05-09
Mid11 to 20.9 LPA6.6 to 18.4None reportedReported2026-05-09
Senior19.8 to 37.4 LPA11.8 to 32.9None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Data Scientist at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry11 to 19.2 LPA6.4 to 16.1None reportedReported2026-05-09
Mid22 to 44 LPA12.3 to 36.9None reportedReported2026-05-09
Senior38.5 to 79.8 LPA21.3 to 67None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Peer median for Finance & Quant at this level is 100 to 180 LPA, across 5 companies.

DevOps / SRE at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry15.4 to 26.9 LPA9 to 22.6None reportedReported2026-05-09
Mid30.8 to 59.4 LPA17.5 to 49.9None reportedReported2026-05-09
Senior55 to 110 LPA30.8 to 92.4None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

HR Manager at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry11 to 20.9 LPA6.3 to 17.8None reportedReported2026-05-09
Senior19.8 to 37.4 LPA11.4 to 31.8None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Operations Manager at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry8.8 to 15.4 LPA4.9 to 12.3None reportedReported2026-05-09
Mid15.4 to 29.7 LPA8.3 to 23.8None reportedReported2026-05-09
Senior27.5 to 55 LPA14.7 to 44None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + variable payout + city/region/team scope + allowances. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Product Manager at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry15.4 to 25.3 LPA8.8 to 20.3None reportedReported2026-05-09
Mid27.5 to 52.2 LPA14.9 to 41.8None reportedReported2026-05-09
Senior49.5 to 96.2 LPA26.6 to 77None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Program Manager at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry15.4 to 25.3 LPA8.8 to 20.3None reportedReported2026-05-09
Mid27.5 to 52.2 LPA14.9 to 41.8None reportedReported2026-05-09
Senior49.5 to 96.2 LPA26.6 to 77None reportedReported2026-05-09
Executive104.5 to 189.8 LPA57.7 to 151.8None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

QA Engineer at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Entry5.5 to 10.4 LPA3.2 to 9None reportedReported2026-05-09
Mid9.9 to 19.2 LPA5.8 to 16.7None reportedReported2026-05-09
Senior17.6 to 33.5 LPA10.4 to 29.2None reportedReported2026-05-09

Negotiation note. Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is near the top of our band; we can review joining bonus or equity instead."

Data Engineer at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Mid25.4 to 29.1 LPA19 to 21.8None reportedReported2026-05-09
Senior27.4 to 31.2 LPA20.5 to 23.4None reportedReported2026-05-09

Negotiation note. AB scrape: Senior Data Engineer (n=76); n=76

Engineering Manager at Morgan Stanley

Total CTC by level, in lakhs per annum. Base, variable and equity combined.

LevelTotal CTCBaseEquityConfidenceVerified
Lead30.6 to 34.7 LPA23 to 26None reportedReported2026-05-08

Negotiation note. AB scrape: Technical Lead (n=91); n=91

Morgan Stanley snapshot

Scale
~6,000 employees in India (Mumbai primarily). NYSE: MS. Global revenue ~$55B. Mumbai tech centre is a Tier-1 engineering hub, not just support.
Products
Institutional equity trading platforms, Fixed income analytics, Wealth management systems (Morgan Stanley Smith Barney), Risk and compliance systems, E*TRADE (retail brokerage, acquired 2020)
Interview notes
Compensation includes base + RSU (Morgan Stanley stock). No joining bonus at India offices. Technical rounds: strong DS&A + system design with finance domain twist (trade lifecycle, order management, risk calculation). Cultural fit emphasis. Senior roles need understanding of financial instruments (equities, fixed income, derivatives basics).
How the interview goes
  • Resume screen: targets top-tier college or strong prior fintech or product experience
  • Online Assessment: 2 coding problems, medium difficulty, 60 to 90 minutes on HackerRank
  • Technical Round 1: DSA with financial context, emphasis on edge cases and complexity
Morgan Stanley SWE Interview Questions India 2026

Frequently asked questions

How much does Morgan Stanley pay a Software Engineer in India?

Morgan Stanley pays Software Engineers in India ₹16L–₹107.2L total CTC as of 2026, spanning entry through lead level (25th–90th percentile of reported offers).

Morgan Stanley fresher / entry-level (SDE-1) Software Engineer: what's the pay in 2026?

Morgan Stanley's fresher / entry-level (sde-1) Software Engineers see ₹16L–₹26L total CTC in 2026, per AmbitionBox 2026 (Morgan Stanley Mumbai SDE-1).

Morgan Stanley mid-level (SDE-2) Software Engineer: what's the pay in 2026?

Morgan Stanley's mid-level (sde-2) Software Engineers see ₹30L–₹50L total CTC in 2026, per Glassdoor.

What is the senior (SDE-3+) Software Engineer salary at Morgan Stanley?

Senior (SDE-3+) Software Engineers at Morgan Stanley earn ₹55L–₹90L total CTC in India (2026). Source: Levels.fyi.

What is the lead Software Engineer salary at Morgan Stanley?

Lead Software Engineers at Morgan Stanley earn ₹60.5L–₹107.2L total CTC in India (2026). Source: Aggregated compensation research (AmbitionBox, Glassdoor).

Morgan Stanley Investment Banking Analyst salary — what's the 2026 range?

Total CTC for a Investment Banking Analyst at Morgan Stanley ranges ₹6.6L to ₹47.9L in 2026 (entry–senior, 25th–90th percentile).

What is the fresher / entry-level (SDE-1) Investment Banking Analyst salary at Morgan Stanley?

Fresher / entry-level (SDE-1) Investment Banking Analysts at Morgan Stanley earn ₹6.6L–₹13.2L total CTC in India (2026). Source: Aggregated compensation research (AmbitionBox, Glassdoor).

What is the mid-level (SDE-2) Investment Banking Analyst salary at Morgan Stanley?

Mid-level (SDE-2) Investment Banking Analysts at Morgan Stanley earn ₹13.2L–₹26.4L total CTC in India (2026). Source: Aggregated compensation research (AmbitionBox, Glassdoor).

Morgan Stanley senior (SDE-3+) Investment Banking Analyst: what's the pay in 2026?

Morgan Stanley's senior (sde-3+) Investment Banking Analysts see ₹24.2L–₹47.9L total CTC in 2026, per Aggregated compensation research (AmbitionBox, Glassdoor).

What is the Backend Developer salary at Morgan Stanley India 2026?

Backend Developers at Morgan Stanley in India earn between ₹11L and ₹107.2L total CTC (2026, entry to lead, 25th–90th percentile).

Morgan Stanley fresher / entry-level (SDE-1) Backend Developer: what's the pay in 2026?

Morgan Stanley's fresher / entry-level (sde-1) Backend Developers see ₹11L–₹20.9L total CTC in 2026, per Aggregated compensation research (AmbitionBox, Glassdoor).

How much does a mid-level (SDE-2) Backend Developer earn at Morgan Stanley?

At the mid-level (sde-2) band, Morgan Stanley Backend Developers in India take home ₹19.8L–₹37.4L total CTC (2026 data, Aggregated compensation research (AmbitionBox, Glassdoor)).

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