Morningstar Business Analyst Salaries by 50+ Employees (Updated 2025)

0 - 9 years exp.

₹5 Lakhs - ₹16 Lakhs

Salary of majority employees

At par with the average Business Analyst Salary in Financial Services Companies for 0 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics Business Analyst Salary 0 - 5 years exp. (13 salaries)	₹5 L/yr - ₹16 L/yr
BFSI, Investments & Trading Business Analyst Salary 3 - 5 years exp. (5 salaries)	₹6.8 L/yr - ₹14 L/yr
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Product Management Business Analyst Salary 3 - 5 years exp. (4 salaries)	₹7.6 L/yr - ₹12.6 L/yr
Finance & Accounting Business Analyst Salary 4 - 6 years exp. (3 salaries)	₹7.1 L/yr - ₹15 L/yr
Project & Program Management Business Analyst Salary 3 - 6 years exp. (3 salaries)	₹9.3 L/yr - ₹14 L/yr

View all

Last Updated: 29 Mar 2025

Companies similar to Morningstar for Business Analyst

Company name	Avg Annual Salary	Open Jobs
Better.com Business Analyst Salary 1 - 7 years exp. (97 salaries)	₹6 L/yr - ₹12 L/yr 8% less
Franklin Templeton Investments Business Analyst Salary 2 - 12 years exp. (68 salaries)	₹3.6 L/yr - ₹13.1 L/yr 13% less
Login to view exact salary
Ameriprise Financial Business Analyst Salary 1 - 4 years exp. (66 salaries)	₹4 L/yr - ₹11.9 L/yr 31% less
Ocwen Financial Solutions Business Analyst Salary 1 - 6 years exp. (58 salaries)	₹3.5 L/yr - ₹10 L/yr 32% less
FactSet Business Analyst Salary 3 - 12 years exp. (56 salaries)	₹4.3 L/yr - ₹16 L/yr 7% less
Kotak Securities Business Analyst Salary 1 - 7 years exp. (39 salaries)	₹3.8 L/yr - ₹14.8 L/yr 11% less
Northern Trust Operating Services Business Analyst Salary 0 - 10 years exp. (32 salaries)	₹2.8 L/yr - ₹12.7 L/yr 25% less
TSYS\|Total System Services Business Analyst Salary 3 - 10 years exp. (32 salaries)	₹7.8 L/yr - ₹25 L/yr 63% more
TIAA Global Business Services Business Analyst Salary 3 - 9 years exp. (31 salaries)	₹6.5 L/yr - ₹22 L/yr 24% more
Invesco Business Analyst Salary 2 - 10 years exp. (29 salaries)	₹4.9 L/yr - ₹18 L/yr 1% more

View all

Business Analyst salary at Morningstar ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 57 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Business Analyst salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.9 L/yr - ₹17.7 L/yr
1 year (8 salaries)	₹4.2 L/yr - ₹11 L/yr
Login to view exact salary
2 years (6 salaries)	₹6 L/yr - ₹14 L/yr
3 years (8 salaries)	₹7.6 L/yr - ₹16 L/yr
4 years (12 salaries)	₹6.8 L/yr - ₹16.5 L/yr
5 years (12 salaries)	₹5 L/yr - ₹18 L/yr
6 years (5 salaries)	₹7.1 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
9 years (3 salaries)	₹6.8 L/yr - ₹11.8 L/yr

View all

From

Business Analyst

0 - 9 years exp.

Implementation Consultant

4 - 7 years exp.

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.

Similar Designation salaries in Morningstar

Senior Business Analyst Salary

(13 salaries)

₹19 L/yr - ₹30 L/yr

Research Analyst Salary

(187 salaries)

₹2.7 L/yr - ₹7 L/yr

Senior Analyst Salary

(48 salaries)

₹4.4 L/yr - ₹17.94 L/yr

Data Analyst Salary

(152 salaries)

₹3 L/yr - ₹7 L/yr

Analyst Salary

(75 salaries)

₹4.13 L/yr - ₹15 L/yr

Senior Data Analyst Salary

(87 salaries)

₹4 L/yr - ₹11.05 L/yr

Team Lead Salary

(110 salaries)

₹7 L/yr - ₹18.59 L/yr

Data Scientist Salary

(25 salaries)

₹5.6 L/yr - ₹18 L/yr

Project Manager Salary

(13 salaries)

₹11.17 L/yr - ₹29 L/yr

Senior Associate Salary

(15 salaries)

₹4.3 L/yr - ₹14 L/yr

Top skills at Morningstar for Business Analyst

Business Analysis Agile Project Management Analytical SQL Analytical skills Product Management Financial Services Business operations Scrum Agile Coaching Customer Service Wealth Management Analytical Chemistry User Acceptance Testing

Salary related reviews for Morningstar

3.4

Rated by 4 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.

Data Analyst in Navi Mumbai

Full Time

Data Science & Analytics Department

1.0

• posted on 21 Jul 2023

4.0

for Salary and Benefits

Likes

Salary,infrastructure,

Salary - Good

Dislikes

Lots of politics, Favouritism,micro managing,poor leads no growth at all will never recommend any one to join this company, my humble request not to join this pathetic company or else you will regret

Skill development - Bad

+5 more

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

see more salary related reviews

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Morningstar Business Analyst Salary FAQs

What is the salary of Business Analyst at Morningstar ?

The average salary of a Business Analyst at Morningstar in India typically ranges from ₹5.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Business Analyst at Morningstar earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹19.9 Lakhs per year. Business 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 50+ Morningstar employees in India.

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

The estimated take-home salary of a Business Analyst at Morningstar in India typically ranges from ₹73,757 to ₹75,664 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 50+ 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 Business Analyst at Morningstar ?

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

- Business Analysis
- Agile
- Project Management
- Analytical
- SQL

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 Business Analyst in India?

Macquarie Group	₹12.9 Lakhs to ₹21.3 Lakhs per year
Wtw Global Delivery And Solutions	₹17.7 Lakhs to ₹17.7 Lakhs per year
TSYS\|Total System Services	₹7.8 Lakhs to ₹25.0 Lakhs per year
ANZ Operations & Technology	₹8.5 Lakhs to ₹26.1 Lakhs per year
Mr Cooper	₹6.0 Lakhs to ₹23.6 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 Business Analyst in companies similar to Morningstar in India?

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

DTCC	₹8.0 Lakhs to ₹19.9 Lakhs per year
TIAA Global Business Services	₹6.5 Lakhs to ₹22.0 Lakhs per year
Fidelity International	₹8.0 Lakhs to ₹16.0 Lakhs per year
Sun Life Financial	₹5.0 Lakhs to ₹19.4 Lakhs per year
Apex Group	₹10.0 Lakhs to ₹16.7 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 Business Analyst at Morningstar in India?

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

Experience	Average Salary Range
Fresher	₹3.9 Lakhs to ₹17.7 Lakhs per year
1 year	₹4.2 Lakhs to ₹11.0 Lakhs per year
2 years	₹6.0 Lakhs to ₹14.0 Lakhs per year
3 years	₹7.6 Lakhs to ₹16.0 Lakhs per year

and so on.

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Morningstar Business Analyst Salaries

Morningstar Business Analyst salary in India ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Morningstar latest salaries received from various employees of Morningstar.