  We report the evolution of magnetic moment as well as magnetic anisotropy
with crystalline order in Co$_2$MnSi thin films grown on $(100)$ MgO by pulsed
laser deposition. The films become more ordered as the annealing temperature
($T_A$) increases from 400 to 600 $^0$C. The extent of \emph{L}$2_1$ ordering
in the films annealed at 600 $^0$C is $\approx 96%$. The static magnetization
measurements by vibrating sample magnetometry shows a maximum moment of 4.95
$\mu_B$ per formula unit with low coercivity ($H_C$ $\approx$ 65 Oe) in the
films annealed at 600 $^0$C. A rigorous analysis of the azimuthal and polar
angle dependent ferromagnetic resonance (FMR) measured at several temperatures
allows determination of various anisotropy fields relevant to our system as a
function of $T_A$. Finally, we have evaluated the exchange stiffness constant
down to 100 K using spin wave modes in FMR spectra. We have also estimated the
exchange energies as well as stiffness constant by varying the lattice
parameter \emph{ab-initio} using the Korringa-Kohn-Rostoker method.
