Morningstar Mumbai Analyst Salaries by 40+ Employees (Updated 2025)

1 - 6 years exp.

₹3.5 Lakhs - ₹14.2 Lakhs

Salary of majority employees

13% more than the average Analyst Salary in Financial Services Companies for 1 - 6 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

Finance & Accounting Analyst Salary 1 - 5 years exp. (22 salaries)	₹3.8 L/yr - ₹14.2 L/yr
BFSI, Investments & Trading Analyst Salary 1 - 4 years exp. (6 salaries)	₹6.5 L/yr - ₹12.6 L/yr
Login to view exact salary
Data Science & Analytics Analyst Salary 1 - 6 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr

Last Updated: 14 Mar 2025

Companies similar to Morningstar for Analyst in Mumbai

Morningstar Analyst Salary

1 - 6 years exp. (40 salaries)

₹3.5 L/yr - ₹14.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Travelex Analyst Salary 1 - 9 years exp. (87 salaries)	₹4.5 L/yr - ₹9 L/yr 25% less
TIAA Global Business Services Analyst Salary 1 - 8 years exp. (75 salaries)	₹4.4 L/yr - ₹13.2 L/yr 27% more
Login to view exact salary
Kroll Analyst Salary 0 - 5 years exp. (31 salaries)	₹4 L/yr - ₹10.2 L/yr 29% less	1 job opening
Wtw Global Delivery And Solutions Analyst Salary 5 - 12 years exp. (25 salaries)	₹4.8 L/yr - ₹13.5 L/yr 5% more	2 job openings
Better.com Analyst Salary 2 - 6 years exp. (19 salaries)	₹6 L/yr - ₹11 L/yr 1% less
Ocwen Financial Solutions Analyst Salary 1 - 8 years exp. (10 salaries)	₹3.3 L/yr - ₹6.2 L/yr 42% less
Sharekhan Analyst Salary 1 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹8 L/yr 24% less
Kotak Securities Analyst Salary 1 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹6.5 L/yr 47% less

Analyst salary at Morningstar ranges between ₹3.5 Lakhs to ₹14.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 40 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Analyst salaries in Mumbai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (12 salaries)	₹4.1 L/yr - ₹12.6 L/yr
2 years (12 salaries)	₹3.3 L/yr - ₹12.6 L/yr
Login to view exact salary
3 years (4 salaries)	₹6.5 L/yr - ₹14.2 L/yr
4 years (6 salaries)	₹5 L/yr - ₹10.4 L/yr
5 years (4 salaries)	₹4.3 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹16.2 L/yr

View all

Similar Designation salaries in Morningstar

Research Analyst Salary

(108 salaries)

₹2.7 L/yr - ₹7 L/yr

Team Lead Salary

(81 salaries)

₹7 L/yr - ₹18.59 L/yr

Senior Analyst Salary

(30 salaries)

₹5 L/yr - ₹18.75 L/yr

Financial Analyst Salary

(21 salaries)

₹3.05 L/yr - ₹10.5 L/yr

Business Analyst Salary

(16 salaries)

₹5 L/yr - ₹16 L/yr

Credit Analyst Salary

(13 salaries)

₹7.1 L/yr - ₹11.4 L/yr

Top skills at Morningstar for Analyst

Structured Finance User Acceptance Testing Analysis Visual Basic Monitoring Analytical SQL Credit Analysis Excel Analytics Cash Flow Credit Rating GAAP IFRS Loans

Salary related reviews for Morningstar

2.0

Rated by 1 employees for salary & benefits

Team Lead in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing cost cutting it sucks big time

Work-life balance - Good

Dislikes

...ple to work like a BPO, where you will slog for 10-12 hours and give production. Company is working on hiring only freshers salary is peanuts

Salary - Bad

+4 more

Team Lead in Navi Mumbai

Full Time

Risk Management & Compliance Department

5.0

• posted on 27 Jun 2023

3.0

for Salary and Benefits

Likes

--> Excellent work culture --> Promoting learning & skill development --> Growth & Opportunity --> Additional benefits provided (Insurance coverage for self & dependants)

Skill development - Excellent

+5 more

Dislikes

Can improve in terms of being a better pay-master.

Senior Analyst in Navi Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 04 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing is good about company

Dislikes

...motion activity is very slow and lot of politics. Lack of appreciation for work. Company does not pay well

Salary - Bad

+6 more

Research Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

The company has a great culture, people are treated with respect. Employees are given time to perform if they are struggling. The office has a very flexible time schedule and work hours. As long as the work gets done no one will interfere with when you login or log out. Promotions are dependent on business growth. However, the promotion hikes are barely 20%.

Skill development - Good

+4 more

Dislikes

The company offers very limited pay with 4-6% hike on every appraisal. It's a great company to be at when you are already satisfied with your pay and want to keep pace with inflation. Not when you are looking to grow.

Salary - Bad

+1 more

Senior Research Associate in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 02 Feb 2025

1.0

for Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

Job security - Excellent

+1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

Salary - Bad

+3 more

see more salary related reviews

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Morningstar Analyst Salary FAQs

What is the salary of Analyst at Morningstar in Mumbai?

The average salary of a Analyst at Morningstar in Mumbai typically ranges from ₹3.5 Lakhs to ₹14.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Analyst in Mumbai at Morningstar earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹14.2 Lakhs per year. Analyst Salaries at 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 40+ Morningstar employees in India.

What is the estimated take home salary of a Analyst at Morningstar in Mumbai?

The estimated take-home salary of a Analyst at Morningstar in Mumbai typically ranges from ₹61,069 to ₹62,616 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹14.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 40+ salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Analyst at Morningstar in Mumbai?

To be a Analyst at Morningstar in Mumbai, the key skills required include:

- Structured Finance
- User Acceptance Testing
- Analysis
- Visual Basic
- Monitoring

These skills are highly valued at Morningstar and are crucial for successful performance in a Software Engineering role.

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

TIAA Global Business Services	₹4.4 Lakhs to ₹13.2 Lakhs per year
Wtw Global Delivery And Solutions	₹4.8 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Analyst in companies similar to Morningstar in Mumbai?

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

Better.com	₹6.0 Lakhs to ₹11.0 Lakhs per year
Sharekhan	₹4.5 Lakhs to ₹8.0 Lakhs per year
Travelex	₹4.5 Lakhs to ₹9.0 Lakhs per year
Kroll	₹4.0 Lakhs to ₹10.2 Lakhs per year
Ocwen Financial Solutions	₹3.3 Lakhs to ₹6.2 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 Analyst at Morningstar in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹12.6 Lakhs per year
2 years	₹3.3 Lakhs to ₹12.6 Lakhs per year
3 years	₹6.5 Lakhs to ₹14.2 Lakhs per year
4 years	₹5.0 Lakhs to ₹10.4 Lakhs per year

and so on.

Tell us how to improve this page.

Morningstar Analyst salary in Mumbai ranges between ₹3.5 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Morningstar latest salaries received from various employees of Morningstar.