Morgan Stanley is one of Wall Street's largest H1B sponsors, filing over 1,000 petitions annually for software engineers, quantitative developers, and technology analysts supporting its global investment banking and wealth management platforms. With 64% at L3 or L4 and a median wage of $132,000, Morgan Stanley's technology division offers solid sponsorship and a pathway into financial services technology.
Under the FY2021 rule, USCIS selects H1B registrants by wage tier first. Level III and Level IV petitions are prioritized. Morgan Stanley's filing mix shows 64% at L3 or L4 — giving candidates significantly above-average lottery odds.
Bar height = filing volume. Number above bar = average approved wage for that year. Source: DOL LCA database.
| Job Title | Avg Wage |
|---|---|
| Software Engineer | $132,000 |
| Senior Software Engineer | $152,000 |
| Quantitative Developer | $165,000 |
| Technology Analyst | $112,000 |
| Data Engineer | $136,000 |
| Infrastructure Engineer | $128,000 |
Source: DOL H-1B LCA disclosure data, FY2024. Filings count and wages are from approved LCAs.
| State | Share |
|---|---|
| New York | 52% |
| New Jersey | 18% |
| Texas | 10% |
| Maryland | 6% |
| Connecticut | 6% |
| Florida | 4% |
| Other | 4% |
With 64% of filings at L3/L4, Morgan Stanley candidates have estimated 43–61% lottery selection odds under USCIS's wage-based selection system — compared to 15–28% for L1–L2 filers at IT services firms.
Our complete guide covers the entire process — from finding sponsors to lottery strategy to green card timelines.
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