DBRS Morningstar Associate Quantitative Analyst Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹13 Lakhs - ₹16 Lakhs

Salary of majority employees

Fixed (78%)

₹10.8 Lakhs

Variable (22%)

₹3.0 Lakhs

15% more than the average Associate Quantitative Analyst Salary for 2 - 4 years of experience

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Last Updated: 8 Mar 2025

Companies similar to DBRS Morningstar for Associate Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Quantitative Analyst Salary 8 - 9 years exp. (4 salaries)	₹17.1 L/yr - ₹21 L/yr 37% more
Morningstar Associate Quantitative Analyst Salary 0 - 3 years exp. (21 salaries)	₹7 L/yr - ₹12.1 L/yr 23% less
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Goldman Sachs Associate Quantitative Analyst Salary 4 - 5 years exp. (3 salaries)	₹32 L/yr - ₹45 L/yr 194% more

Associate Quantitative Analyst salary at DBRS Morningstar ranges between ₹13 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of DBRS Morningstar.

Experience wise DBRS Morningstar Associate Quantitative Analyst salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
3 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
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4 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr

Similar Designation salaries in DBRS Morningstar

Financial Analyst Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Senior Analyst Salary

(7 salaries)

₹11.4 L/yr - ₹16.25 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹58 L/yr - ₹64.1 L/yr

Analyst Salary

(22 salaries)

₹7.8 L/yr - ₹11.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹13.2 L/yr - ₹16.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Salary related reviews for DBRS Morningstar

Software Engineer in Navi Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 15 Nov 2023

3.0

for Salary and Benefits

Likes

Work culture is good, company values are good like efforts they take to ensure diversity, conduct donation and other social activities. Company promote learning by providing education stipend each year.

Skill development - Good

+1 more

Dislikes

Management need to improve team building, start promoting deserving people. Also there is political attitude in most of the employees which needs to change.

Promotions - Poor

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DBRS Morningstar Associate Quantitative Analyst Salary FAQs

What is the salary of Associate Quantitative Analyst at DBRS Morningstar ?

The average salary of a Associate Quantitative Analyst at DBRS Morningstar in India typically ranges from ₹13.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Associate Quantitative Analyst at DBRS Morningstar earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Associate Quantitative Analyst Salaries at DBRS Morningstar 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 4 DBRS Morningstar employees in India.

What is the estimated take home salary of a Associate Quantitative Analyst at DBRS Morningstar in India?

The estimated take-home salary of a Associate Quantitative Analyst at DBRS Morningstar in India typically ranges from ₹96,801 to ₹99,419 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of DBRS Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than DBRS Morningstar for Associate Quantitative Analyst in India?

Goldman Sachs	₹32.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹17.1 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by DBRS Morningstar, depending on the role and experience level.

What is the salary of a Associate Quantitative Analyst in companies similar to DBRS Morningstar in India?

The salary of a Associate Quantitative Analyst at companies similar to DBRS Morningstar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morningstar

₹7.0 Lakhs to ₹12.1 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 Associate Quantitative Analyst at DBRS Morningstar in India?

The salary growth for a Associate Quantitative Analyst at DBRS Morningstar depends on factors such as experience, performance, and promotions. On average, a Associate Quantitative Analyst can expect the following growth trajectory at DBRS Morningstar:

Experience	Average Salary Range
2 years	₹11.7 Lakhs to ₹14.9 Lakhs per year
3 years	₹12.2 Lakhs to ₹15.6 Lakhs per year
4 years	₹13.5 Lakhs to ₹17.3 Lakhs per year

and so on.

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DBRS Morningstar Associate Quantitative Analyst Salaries

DBRS Morningstar Associate Quantitative Analyst salary in India ranges between ₹13 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 DBRS Morningstar latest salaries received from various employees of DBRS Morningstar.