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

0 - 1 year exp.

₹3.6 Lakhs - ₹6 Lakhs

Salary of majority employees

40% less than the average Associate Salary in Financial Services Companies for 0 - 1 year of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Associate Salary 0 - 1 year exp. (6 salaries)	₹3.6 L/yr - ₹5 L/yr
BFSI, Investments & Trading Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
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Risk Management & Compliance Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 25 Jan 2025

Companies similar to Morningstar for Associate in Mumbai

Morningstar Associate Salary

0 - 1 year exp. (14 salaries)

₹3.6 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Crisil Associate Salary 0 - 7 years exp. (179 salaries)	₹2.2 L/yr - ₹12.2 L/yr 50% more	9 job openings
ICRA Associate Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 28% less
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S&P Global Associate Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 42% more
Moody's Analytics Associate Salary 2 - 6 years exp. (7 salaries)	₹6 L/yr - ₹10.4 L/yr 72% more
Deloitte Associate Salary 0 - 5 years exp. (39 salaries)	₹6.4 L/yr - ₹13.8 L/yr 86% more
Ernst & Young Associate Salary 0 - 7 years exp. (303 salaries)	₹4.6 L/yr - ₹19 L/yr 146% more	19 job openings
KPMG India Associate Salary 0 - 6 years exp. (74 salaries)	₹5 L/yr - ₹20 L/yr 161% more	1 job opening
PwC Associate Salary 0 - 7 years exp. (1.6k salaries)	₹5.8 L/yr - ₹19 L/yr 148% more	139 job openings
McKinsey & Company Associate Salary 1 - 7 years exp. (38 salaries)	₹25.8 L/yr - ₹66 L/yr 939% more
Accenture Associate Salary 0 - 7 years exp. (821 salaries)	₹1.2 L/yr - ₹8.5 L/yr 14% less	77 job openings
TIAA Global Business Services Associate Salary 5 - 11 years exp. (147 salaries)	₹9.4 L/yr - ₹30 L/yr 388% more	2 job openings
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Apex Group Associate Salary 0 - 8 years exp. (57 salaries)	₹3.5 L/yr - ₹9.6 L/yr 50% more	3 job openings
Ocwen Financial Solutions Associate Salary 1 - 7 years exp. (54 salaries)	₹1.9 L/yr - ₹5.5 L/yr 12% less
CSC Global Associate Salary 1 - 5 years exp. (40 salaries)	₹3.1 L/yr - ₹8.3 L/yr 24% more
Acuity Knowledge Partners Associate Salary 1 - 6 years exp. (31 salaries)	₹5.1 L/yr - ₹12 L/yr 72% more	6 job openings
Kotak Securities Associate Salary 0 - 4 years exp. (9 salaries)	₹1.4 L/yr - ₹3.5 L/yr 42% less
Acuité Ratings & Research Associate Salary 0 - 3 years exp. (8 salaries)	₹2 L/yr - ₹5.8 L/yr 2% less
CareEdge Ratings Associate Salary 1 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹6.6 L/yr 22% less

Associate salary at Morningstar ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 14 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Associate salaries in Mumbai

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.6 L/yr - ₹5 L/yr
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1 year (8 salaries)	₹4 L/yr - ₹6 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 1 - 7 years exp.

22% hike

Similar Designation salaries in Morningstar

Team Lead Salary

(73 salaries)

₹7 L/yr - ₹18.59 L/yr

Technical Lead Salary

(5 salaries)

₹22 L/yr - ₹29.5 L/yr

Top skills at Morningstar for Associate

Research Secondary Research Data Collection Sustainability Data Research

Salary related reviews for Morningstar

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.

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.

see more salary related reviews

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Hi All, I have got a good hike and opportunity in Organisation Workday. I have an experience of more than 9 yrs. Could you please help me with some advise and review on the company. Whether I should go ahead. Since I am currently working in a good company with good WLB and also remotely.

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Morningstar Associate Salary FAQs

What is the salary of Associate at Morningstar Mumbai?

Associate salary at Morningstar in Mumbai ranges between ₹3.6 Lakhs to ₹6.0 Lakhs for less than 1 year of experience. According to our estimates it is 40% less than the average Associate Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Morningstar Mumbai.

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

The average salary of a Associate at Morningstar is 40% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

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

Research, Secondary Research, Data Collection, Sustainability and Data Research are some of the popular skills required to work as a Associate at Morningstar Mumbai.

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

McKinsey & Company Associate Salary - ₹25.8 Lakhs to ₹66.0 Lakhs per year
TIAA Global Business Services Associate Salary - ₹9.4 Lakhs to ₹30.0 Lakhs per year
KPMG India Associate Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
PwC Associate Salary - ₹5.8 Lakhs to ₹19.0 Lakhs per year
Ernst & Young Associate Salary - ₹4.6 Lakhs to ₹19.0 Lakhs per year

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

Deloitte Associate Salary - ₹6.4 Lakhs to ₹13.8 Lakhs per year
Moody's Analytics Associate Salary - ₹6.0 Lakhs to ₹10.4 Lakhs per year
Acuity Knowledge Partners Associate Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Crisil Associate Salary - ₹2.2 Lakhs to ₹12.2 Lakhs per year
Apex Group Associate Salary - ₹3.5 Lakhs to ₹9.6 Lakhs per year

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

The estimated take-home salary of a Associate at Morningstar ranges between ₹34,965 per month to ₹36,205 per month in Mumbai. The take-home salary calculation is based on the average Morningstar Associate salary in India which ranges between ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Associate at Morningstar in Mumbai?

According to AmbitionBox, 54% of the Morningstar Associates in Mumbai reported a notice period of 2 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Morningstar Associate Salaries in Mumbai

Morningstar Associate salary in Mumbai ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Morningstar latest salaries received from various employees of Morningstar.