Morningstar Associate Salaries by 90+ Employees (Updated 2025)

0 - 2 years exp.

₹3.3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

38% less than the average Associate Salary in Financial Services Companies for 0 - 2 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Associate Salary 0 - 1 year exp. (9 salaries)	₹3.6 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Associate Salary 0 - 1 year exp. (5 salaries)	₹4 L/yr - ₹5.8 L/yr

Last Updated: 17 Mar 2025

Companies similar to Morningstar for Associate

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Associate Salary 5 - 11 years exp. (552 salaries)	₹9.5 L/yr - ₹33 L/yr 341% more	1 job opening
Apex Group Associate Salary 0 - 8 years exp. (485 salaries)	₹3.5 L/yr - ₹11.9 L/yr 53% more	7 job openings
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CSC Associate Salary 1 - 5 years exp. (324 salaries)	₹3 L/yr - ₹8.5 L/yr 26% more
Ocwen Financial Solutions Associate Salary 1 - 6 years exp. (215 salaries)	₹1.9 L/yr - ₹5.3 L/yr 16% less
Fidelity International Associate Salary 0 - 4 years exp. (187 salaries)	₹3 L/yr - ₹7 L/yr 10% more	4 job openings
Ameriprise Financial Associate Salary 1 - 5 years exp. (172 salaries)	₹2.8 L/yr - ₹9.5 L/yr 30% more
Macquarie Group Associate Salary 0 - 5 years exp. (87 salaries)	₹4.3 L/yr - ₹12.5 L/yr 84% more
Invesco Associate Salary 1 - 5 years exp. (48 salaries)	₹3.9 L/yr - ₹10 L/yr 26% more
Franklin Templeton Investments Associate Salary 1 - 6 years exp. (29 salaries)	₹2.3 L/yr - ₹6.3 L/yr 17% less
Northern Trust Operating Services Associate Salary 0 - 10 years exp. (20 salaries)	₹6.2 L/yr - ₹22 L/yr 186% more	3 job openings

View all

Associate salary at Morningstar ranges between ₹3.3 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 98 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Associate salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
Fresher (58 salaries)	₹3.6 L/yr - ₹6.5 L/yr
1 year (33 salaries)	₹3.3 L/yr - ₹6.5 L/yr
Login to view exact salary
2 years (7 salaries)	₹4 L/yr - ₹5.2 L/yr

From

Associate

₹

Lakhs/yr

0 - 2 years exp.

Associate Manager

₹

Lakhs/yr

6 - 12 years exp.

Associate

0 - 2 years exp.

Data Research Analyst

0 - 4 years exp.

18% hike

Senior Data Research Analyst

0 - 7 years exp.

21% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹4 L/yr - ₹10.5 L/yr

Senior Engineer Salary

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₹13.7 L/yr - ₹24 L/yr

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₹3.83 L/yr - ₹10.3 L/yr

Java Developer Salary

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₹7.5 L/yr - ₹12.72 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Senior Consultant Salary

(4 salaries)

₹6.5 L/yr - ₹15 L/yr

Top skills at Morningstar for Associate

Research Secondary Research Data Collection Sustainability Data Research

Salary related reviews for Morningstar

3.3

Rated by 11 employees for salary & benefits

Associate in Navi Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 26 Jun 2023

3.0

for Salary and Benefits

Likes

Work Culture is at the top. Flexibility is more compared to other top MNCs. And they focus more on Employees learning and development.

Skill development - Good

+2 more

Dislikes

Salary is less compared to its peers. Job is very monotonous after a certain period of time.

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

see more salary related reviews

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Morningstar Associate Salary FAQs

What is the salary of Associate at Morningstar ?

The average salary of a Associate at Morningstar in India typically ranges from ₹3.3 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Associate at Morningstar earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Associate 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 90+ Morningstar employees in India.

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

The estimated take-home salary of a Associate at Morningstar in India typically ranges from ₹35,370 to ₹36,604 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 90+ 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 Associate at Morningstar ?

To be a Associate at Morningstar in india, the key skills required include:

- Research
- Secondary Research
- Data Collection
- Sustainability
- Data Research

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 Associate in India?

Go-Jek	₹19.6 Lakhs to ₹40.0 Lakhs per year
TIAA Global Business Services	₹9.5 Lakhs to ₹33.0 Lakhs per year
Northern Trust Operating Services	₹6.2 Lakhs to ₹22.0 Lakhs per year
Better.com	₹9.0 Lakhs to ₹15.0 Lakhs per year
DTCC	₹6.8 Lakhs to ₹18.6 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 Associate in companies similar to Morningstar in India?

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

TSYS\|Total System Services	₹5.9 Lakhs to ₹15.4 Lakhs per year
Sharekhan	₹6.0 Lakhs to ₹18.6 Lakhs per year
Kroll	₹6.5 Lakhs to ₹13.5 Lakhs per year
Macquarie Group	₹4.3 Lakhs to ₹12.5 Lakhs per year
Wtw Global Delivery And Solutions	₹3.4 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 Associate at Morningstar in India?

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

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹6.5 Lakhs per year
1 year	₹3.3 Lakhs to ₹6.5 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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Morningstar Associate salary in India ranges between ₹3.3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 98 Morningstar latest salaries received from various employees of Morningstar.