Morningstar Associate Analyst Salaries by 8 Employees (Updated 2025)

0 - 6 years exp.

₹3.3 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

66% more than the average Associate Analyst Salary in Financial Services Companies for 0 - 6 years of experience

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Last Updated: 26 Mar 2025

Companies similar to Morningstar for Associate Analyst

Company name	Avg Annual Salary	Open Jobs
Apex Group Associate Analyst Salary 1 - 6 years exp. (43 salaries)	₹3.6 L/yr - ₹9.5 L/yr 2% less
Sun Life Financial Associate Analyst Salary 1 - 3 years exp. (26 salaries)	₹5 L/yr - ₹8.6 L/yr 4% less
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Empower Retirement Associate Analyst Salary 0 - 4 years exp. (19 salaries)	₹2.4 L/yr - ₹5.4 L/yr 37% less
Ameriprise Financial Associate Analyst Salary 1 - 5 years exp. (15 salaries)	₹3.7 L/yr - ₹6.9 L/yr 21% less
Kroll Associate Analyst Salary 2 - 6 years exp. (11 salaries)	₹8.9 L/yr - ₹13.8 L/yr 63% more
CSC Associate Analyst Salary 1 - 4 years exp. (8 salaries)	₹4.2 L/yr - ₹7.5 L/yr 23% less
Franklin Templeton Investments Associate Analyst Salary 5 - 6 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr 6% less
TIAA Global Business Services Associate Analyst Salary 0 - 12 years exp. (6 salaries)	₹8.8 L/yr - ₹25 L/yr 174% more
Invesco Associate Analyst Salary 0 - 3 years exp. (6 salaries)	₹4.5 L/yr - ₹5.3 L/yr 32% less
Ocwen Financial Solutions Associate Analyst Salary 0 - 7 years exp. (5 salaries)	₹2 L/yr - ₹4.2 L/yr 53% less
FactSet Associate Analyst Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹8.2 L/yr 23% less
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Northern Trust Operating Services Associate Analyst Salary 0 - 2 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 54% less
Better.com Associate Analyst Salary 0 - 1 year exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 23% more
Synchrony Associate Analyst Salary 0 - 5 years exp. (3 salaries)	₹5 L/yr - ₹8.5 L/yr 5% less
Macquarie Group Associate Analyst Salary 0 - 7 years exp. (3 salaries)	₹9 L/yr - ₹35 L/yr 214% more

Associate Analyst salary at Morningstar ranges between ₹3.3 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Associate Analyst salaries

Last Updated: 26 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.3 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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2 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
4 years (3 salaries)	₹7.5 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr

View all

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Top skills at Morningstar for Associate Analyst

Business Strategy Due Diligence Project Management Analytical Operations Monitoring Python Subject Matter Expertise Asset Management SQL

Salary related reviews for Morningstar

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 Associate Analyst Salary FAQs

What is the salary of Associate Analyst at Morningstar ?

The average salary of a Associate Analyst at Morningstar in India typically ranges from ₹3.3 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Associate Analyst at Morningstar earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Associate 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 8 Morningstar employees in India.

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

The estimated take-home salary of a Associate Analyst at Morningstar in India typically ranges from ₹53,904 to ₹55,248 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from Fresher 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 8 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 Analyst at Morningstar ?

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

- Business Strategy
- Due Diligence
- Project Management
- Analytical
- Operations

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 Analyst in India?

Macquarie Group	₹9.0 Lakhs to ₹35.0 Lakhs per year
TIAA Global Business Services	₹8.8 Lakhs to ₹25.0 Lakhs per year
Kroll	₹8.9 Lakhs to ₹13.8 Lakhs per year
Better.com	₹6.0 Lakhs to ₹12.0 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 Analyst in companies similar to Morningstar in India?

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

Apex Group	₹3.6 Lakhs to ₹9.5 Lakhs per year
Sun Life Financial	₹5.0 Lakhs to ₹8.6 Lakhs per year
Synchrony	₹5.0 Lakhs to ₹8.5 Lakhs per year
Franklin Templeton Investments	₹4.5 Lakhs to ₹9.0 Lakhs per year
Ameriprise Financial	₹3.7 Lakhs to ₹6.9 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 Analyst at Morningstar in India?

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

Experience	Average Salary Range
Fresher	₹3.3 Lakhs to ₹7.0 Lakhs per year
1 year	₹5.5 Lakhs to ₹7.1 Lakhs per year
2 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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Morningstar Associate Analyst Salaries

Morningstar Associate Analyst salary in India ranges between ₹3.3 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Morningstar latest salaries received from various employees of Morningstar.