Morningstar Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

4 - 16 years exp.

₹8 Lakhs - ₹27 Lakhs

Salary of majority employees

102% more than the average Assistant Manager Salary in Financial Services Companies for 4 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 4 - 16 years exp. (5 salaries)	₹11.5 L/yr - ₹15.8 L/yr
Quality Assurance Assistant Manager Salary 8 - 14 years exp. (3 salaries)	₹8 L/yr - ₹24 L/yr
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Finance & Accounting Assistant Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹21 L/yr
Administration & Facilities Assistant Manager Salary 10 - 15 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹14.8 L/yr
BFSI, Investments & Trading Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹19.1 L/yr - ₹24 L/yr

Last Updated: 16 Mar 2025

Companies similar to Morningstar for Assistant Manager in Mumbai

Morningstar Assistant Manager Salary

4 - 16 years exp. (17 salaries)

₹8 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (982 salaries)	₹1.5 L/yr - ₹5 L/yr 80% less	2 job openings
Axis Direct Assistant Manager Salary 0 - 15 years exp. (97 salaries)	₹2.3 L/yr - ₹8 L/yr 65% less
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CSC Assistant Manager Salary 6 - 14 years exp. (69 salaries)	₹8.8 L/yr - ₹18 L/yr 19% less	5 job openings
Sharekhan Assistant Manager Salary 1 - 12 years exp. (52 salaries)	₹2.4 L/yr - ₹8.1 L/yr 66% less
Ocwen Financial Solutions Assistant Manager Salary 7 - 17 years exp. (41 salaries)	₹9 L/yr - ₹24 L/yr 12% less
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (21 salaries)	₹2.6 L/yr - ₹6 L/yr 72% less
Wtw Global Delivery And Solutions Assistant Manager Salary 10 - 21 years exp. (10 salaries)	₹11.9 L/yr - ₹21 L/yr 3% less
Franklin Templeton Investments Assistant Manager Salary 6 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹20.8 L/yr 19% less
TMF Group Assistant Manager Salary 5 - 9 years exp. (8 salaries)	₹6 L/yr - ₹16 L/yr 21% less	1 job opening
Travelex Assistant Manager Salary 5 - 20 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 42% less

Assistant Manager salary at Morningstar ranges between ₹8 Lakhs to ₹27 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 17 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Assistant Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
5 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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6 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr
7 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
8 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
9 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
10 years (4 salaries)	₹6.7 L/yr - ₹30.2 L/yr
11 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
15+ years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr

View all

Similar Designation salaries in Morningstar

Team Lead Salary

(81 salaries)

₹7 L/yr - ₹18.59 L/yr

Operations Manager Salary

(7 salaries)

₹15.95 L/yr - ₹27.5 L/yr

Top skills at Morningstar for Assistant Manager

Analytics Project Management Analytical Workflow SQL

Salary related reviews for Morningstar

3.0

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.

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

Senior Research Associate in Navi Mumbai

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.

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.

Salary - Poor

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Morningstar Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Morningstar in Mumbai?

The average salary of a Assistant Manager at Morningstar in Mumbai typically ranges from ₹8.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Assistant Manager in Mumbai at Morningstar earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Assistant Manager 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 10+ Morningstar employees in India.

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

The estimated take-home salary of a Assistant Manager at Morningstar in Mumbai typically ranges from ₹1,13,993 to ₹1,17,166 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 4 years to 16 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 10+ 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 Assistant Manager at Morningstar in Mumbai?

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

- Analytics
- Project Management
- Analytical
- Workflow
- SQL

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

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

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

Wtw Global Delivery And Solutions	₹11.9 Lakhs to ₹21.0 Lakhs per year
Ocwen Financial Solutions	₹9.0 Lakhs to ₹24.0 Lakhs per year
Franklin Templeton Investments	₹6.5 Lakhs to ₹20.8 Lakhs per year
CSC	₹8.8 Lakhs to ₹18.0 Lakhs per year
TMF Group	₹6.0 Lakhs to ₹16.0 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 Assistant Manager at Morningstar in Mumbai?

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

Experience	Average Salary Range
4 years	₹15.3 Lakhs to ₹19.6 Lakhs per year
5 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
6 years	₹15.2 Lakhs to ₹19.5 Lakhs per year
7 years	₹15.2 Lakhs to ₹19.4 Lakhs per year

and so on.

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Morningstar Assistant Manager Salaries in Mumbai

Morningstar Assistant Manager salary in Mumbai ranges between ₹8 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Morningstar latest salaries received from various employees of Morningstar.