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Morningstar Application Developer salaries in India

Annual salary range
3 - 7 years exp.
₹6.3 Lakhs - ₹11.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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22% less than the average Application Developer Salary in Financial Services Companies for 3 - 7 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Morningstar for Application Developer

Company name Avg Annual Salary Open Jobs
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₹3.6 L/yr - ₹15 L/yr

arrow icon 6% less
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Synchrony Application Developer Salary

4 - 10 years exp. (4 salaries)

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₹11 L/yr - ₹24.3 L/yr

arrow icon 88% more
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₹12.7 L/yr - ₹21 L/yr

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₹9 L/yr - ₹10.8 L/yr

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ICE Data Services Application Developer Salary

10 - 19 years exp. (3 salaries)

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₹13 L/yr - ₹36 L/yr

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Application Developer salary at Morningstar ranges between ₹6.3 Lakhs to ₹11.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Application Developer

1y ago
₹11.6 Lakhs
7 years exp.
1y ago
₹11.6 Lakhs
6 years exp.
1y ago
₹6.3 Lakhs
3 years exp.

Experience wise Morningstar Application Developer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
7 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr

Similar Designation salaries in Morningstar

Senior Developer Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
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₹4 L/yr - ₹9.32 L/yr
Java Developer Salary
(6 salaries)
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₹7.5 L/yr - ₹12.72 L/yr
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₹6.2 L/yr - ₹24.25 L/yr
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₹14.4 L/yr - ₹18.4 L/yr
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₹10 L/yr - ₹24.61 L/yr
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₹13.7 L/yr - ₹24 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.9 L/yr
Technical Lead Salary
(10 salaries)
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₹20 L/yr - ₹29.5 L/yr
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₹4 L/yr - ₹10.5 L/yr

Salary related reviews for Morningstar

3.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Bad
  • +4 more

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)

read more
  • Skill development - Excellent
  • +5 more

Dislikes

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

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%.

read more
  • 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.

read more
  • Salary - Bad
  • +1 more

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.

read more
  • 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.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jan 2025

2.0
 for  Salary and Benefits

Likes

They have very good work life balance and they are more like a family company culture is so good but for growth prospects we can't Rely on This.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The pay is not upto the mark as compared to other peer companies since they follow median pay. Even after performing Extremely well they pay you very less.

read more
  • Salary - Poor
see more salary related reviews

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Morningstar Application Developer Salary FAQs

How the salary growth look like for a Application Developer at Morningstar in India?
The salary growth for a Application Developer at Morningstar depends on factors such as experience, performance, and promotions. On average, a Application Developer can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
3 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
4 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
5 years ₹8.4 Lakhs to ₹10.7 Lakhs per year
6 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
and so on.

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Morningstar Application Developer salary in India ranges between ₹6.3 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Morningstar latest salaries received from various employees of Morningstar.