Morningstar Associate Director Salaries by 10+ Employees (Updated 2025)

15 - 20 years exp.

₹36 Lakhs - ₹95 Lakhs

Salary of majority employees

55% more than the average Associate Director Salary in Financial Services Companies for 15 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Director Salary 17 - 20 years exp. (5 salaries)	₹59.8 L/yr - ₹70.8 L/yr
Customer Success, Service & Operations Associate Director Salary 15 - 18 years exp. (4 salaries)	₹45 L/yr - ₹64 L/yr
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Human Resources Associate Director Salary 16 - 19 years exp. (AmbitionBox Estimate)	₹48.9 L/yr - ₹80 L/yr

Last Updated: 4 Feb 2025

Companies similar to Morningstar for Associate Director

Company name	Avg Annual Salary	Open Jobs
Crisil Associate Director Salary 9 - 19 years exp. (304 salaries)	₹18 L/yr - ₹62 L/yr 34% less	14 job openings
S&P Global Associate Director Salary 10 - 20 years exp. (306 salaries)	₹20 L/yr - ₹60 L/yr 34% less	1 job opening
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Moody's Analytics Associate Director Salary 8 - 21 years exp. (22 salaries)	₹25 L/yr - ₹47.5 L/yr 36% less
Deloitte Associate Director Salary 6 - 21 years exp. (1.2k salaries)	₹24 L/yr - ₹60 L/yr 32% less
Ernst & Young Associate Director Salary 12 - 23 years exp. (426 salaries)	₹26.5 L/yr - ₹85 L/yr 14% less	17 job openings
KPMG India Associate Director Salary 7 - 21 years exp. (1.5k salaries)	₹19 L/yr - ₹62 L/yr 31% less	4 job openings
PwC Associate Director Salary 7 - 21 years exp. (1.5k salaries)	₹18 L/yr - ₹60 L/yr 35% less	1 job opening
TIAA Global Business Services Associate Director Salary 12 - 21 years exp. (154 salaries)	₹23 L/yr - ₹60 L/yr 28% less
Acuity Knowledge Partners Associate Director Salary 12 - 20 years exp. (90 salaries)	₹20 L/yr - ₹60 L/yr 35% less	3 job openings
India Ratings & Research Associate Director Salary 8 - 16 years exp. (59 salaries)	₹22 L/yr - ₹40.3 L/yr 52% less
Fidelity International Associate Director Salary 13 - 22 years exp. (48 salaries)	₹44 L/yr - ₹95 L/yr 16% more	1 job opening
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CareEdge Ratings Associate Director Salary 12 - 19 years exp. (59 salaries)	₹24 L/yr - ₹42 L/yr 47% less
Sun Life Financial Associate Director Salary 15 - 21 years exp. (21 salaries)	₹26.5 L/yr - ₹63 L/yr 34% less
Macquarie Group Associate Director Salary 15 - 23 years exp. (23 salaries)	₹50 L/yr - ₹1 Cr/yr 20% more
Fitch Ratings Associate Director Salary 8 - 16 years exp. (13 salaries)	₹22 L/yr - ₹52 L/yr 52% less
Fidelity Investments Associate Director Salary 16 - 19 years exp. (10 salaries)	₹50.4 L/yr - ₹95 L/yr 26% more
TSYS\|Total System Services Associate Director Salary 13 - 19 years exp. (6 salaries)	₹30 L/yr - ₹60 L/yr 20% less
FactSet Associate Director Salary 15 - 19 years exp. (6 salaries)	₹25 L/yr - ₹42 L/yr 47% less
Invesco Associate Director Salary 13 - 17 years exp. (5 salaries)	₹35 L/yr - ₹52 L/yr 22% less
Brickwork Ratings Associate Director Salary 10 - 20 years exp. (5 salaries)	₹19 L/yr - ₹37.5 L/yr 56% less	2 job openings

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Associate Director salary at Morningstar ranges between ₹36 Lakhs to ₹95 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 18 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Associate Director salaries

Last Updated: 4 Feb 2025

Experience	Avg Annual Salary
15+ years (18 salaries)	₹36 L/yr - ₹95 L/yr
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Top skills at Morningstar for Associate Director

Research Secondary Research Project Management Sustainability Sustainable Development Product Management Process Excellence Operations Six Sigma Process Improvement Lean Strategic Planning Fixed Income Competitive Analysis Excel

Salary related reviews for Morningstar

5.0

Rated by 1 employees for salary & benefits

Data Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 02 Jan 2025

4.0

for Salary and Benefits

Likes

The work culture is pretty good if you compare it to the Big 4s or the major Indian firms. The work itself is not too stressful, although it depends on your team and the manager.

Salary - Good

+3 more

Dislikes

Expect absolutely 0% growth in your career and skills during your time here. This is a dead end job which will just be good to pay your bills but kill your growth in the long run. It’s like working at a 100 year old Indian Public Bank with the same systems and processes, copy and paste model. You’ll always feel stuck and frustrated here no matter how long you’ve been here. I’d advise working at a different company where you’ll have to burn the midnight oil for a year, but could equip yourself with the right skills ensuring long term growth. This job is for those who’ve been defeated by luck, who were left with no other choice but to accept this job. If you are in a desperate need of a job, like many people in the country at the moment, then you can go for this one. It’s decent as compared to the toxic environment in other major firms in our nation. But don’t expect any progress in your professional life.

Skill development - Bad

+1 more

Senior Data Research Analyst in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

... life Balance. Structured Training and Excellent Work Culture to learn and grow. In short it's a good company to join for Freshers as it is offering decent package for them.

Salary - Excellent

+6 more

Dislikes

After a point of time, Promotions and growth are a bit slow. Also the work here what most of the Teams/Departments do is more of Collection in nature and not of that Research.

Associate Business Analyst in Mumbai

Full Time

Product Management Department

3.0

• posted on 23 Jul 2024

1.0

for Salary and Benefits

Likes

1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

Skill development - Good

+3 more

Dislikes

1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

Salary - Bad

+1 more

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

Data Research Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 06 Feb 2024

2.0

for Salary and Benefits

Likes

Great company culture, high job security, not too much workload, good work life balance, currently some business units have hybrid work mode which is good for flexibility and work life balance,

Job security - Excellent

+2 more

Dislikes

... which reduces flexibility. Promotions/appraisal opportunities are few and slow. Pay is average.

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Morningstar Associate Director Salary FAQs

What is the salary of Associate Director at Morningstar?

Associate Director salary at Morningstar in India ranges between ₹36.0 Lakhs to ₹95.0 Lakhs for experience between 15 years to 20 years. According to our estimates it is 55% more than the average Associate Director Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Morningstar India.

How does the salary of a Associate Director at Morningstar India compare with the average salary range for this job?

The average salary of a Associate Director at Morningstar is 55% more than the average salary of a Associate Director in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Director at Morningstar?

Research, Secondary Research, Project Management, Sustainability and Sustainable Development are some of the popular skills required to work as a Associate Director at Morningstar India.

Which similar companies are paying more than Morningstar to a Associate Director in India?

Fidelity Investments Associate Director Salary - ₹50.4 Lakhs to ₹95.0 Lakhs per year
Macquarie Group Associate Director Salary - ₹50.0 Lakhs to ₹101.0 Lakhs per year
Fidelity International Associate Director Salary - ₹44.0 Lakhs to ₹95.0 Lakhs per year

What is the salary of a Associate Director in companies similar to Morningstar in India?

Ernst & Young Associate Director Salary - ₹26.5 Lakhs to ₹85.0 Lakhs per year
TSYS|Total System Services Associate Director Salary - ₹30.0 Lakhs to ₹60.0 Lakhs per year
Invesco Associate Director Salary - ₹35.0 Lakhs to ₹52.0 Lakhs per year
TIAA Global Business Services Associate Director Salary - ₹23.0 Lakhs to ₹60.0 Lakhs per year
KPMG India Associate Director Salary - ₹19.0 Lakhs to ₹62.0 Lakhs per year

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

The estimated take-home salary of a Associate Director at Morningstar ranges between ₹3,40,680 per month to ₹3,52,972 per month in India. The take-home salary calculation is based on the average Morningstar Associate Director salary in India which ranges between ₹36.0 Lakhs to ₹95.0 Lakhs per year for employees with experience between 15 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Associate Director at Morningstar?

According to AmbitionBox, 85% of the Morningstar Associate Directors reported a notice period of 2 Months, 15% reported a notice period of 1 Month.This is based on 13 responses on AmbitionBox in last 2 years.

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Morningstar Associate Director Salaries

Morningstar Associate Director salary in India ranges between ₹36 Lakhs to ₹95 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Morningstar latest salaries received from various employees of Morningstar.