
                                                                    Exhibit 23.1

INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement of
Morgan Stanley, Dean Witter, Discover & Co. (the "Registrant") on Form S-8
(relating to the Morgan Stanley Group Inc. 1995 Equity Incentive Compensation
Plan, Morgan Stanley Group Inc. 1988 Equity Incentive Compensation Plan and
Morgan Stanley UK Group Profit Sharing Scheme) of our reports dated February 21,
1997, appearing in and incorporated by reference in the Annual Report on Form
10-K of the Registrant for the year ended December 31, 1996; and our report
dated May 31, 1997, appearing in the Current Report on Form 8-K of the
Registrant filed on June 2, 1997 (which makes reference to the audit of Morgan
Stanley Group Inc. by other auditors).


/s/ DELOITTE & TOUCHE LLP


New York, New York
June 2, 1997

