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Morningstar Data Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹7 Lakhs
Salary of majority employees
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13% less than the average Data Analyst Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Data Analyst Salary
0 - 3 years exp. (24 salaries)
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₹3 L/yr - ₹6.5 L/yr

Data Science & Analytics
Data Analyst Salary
0 - 3 years exp. (19 salaries)
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₹4 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Data Analyst Salary
0 - 3 years exp. (5 salaries)
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₹5 L/yr - ₹5.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to Morningstar for Data Analyst in Mumbai

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Morningstar Data Analyst Salary

0 - 3 years exp. (63 salaries)

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₹3 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kroll Data Analyst Salary

0 - 3 years exp. (21 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 32% less
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₹4.5 L/yr - ₹15.6 L/yr

arrow icon 73% more
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Travelex Data Analyst Salary

2 - 4 years exp. (5 salaries)

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₹6.5 L/yr - ₹8 L/yr

arrow icon 32% more
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Kotak Securities Data Analyst Salary

1 - 7 years exp. (3 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 11% more
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Sharekhan Data Analyst Salary

1 - 4 years exp. (3 salaries)

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₹4 L/yr - ₹5.7 L/yr

arrow icon 12% less
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Axis Direct Data Analyst Salary

0 - 11 years exp. (3 salaries)

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₹1 L/yr - ₹12 L/yr

arrow icon 3% less
Data Analyst salary at Morningstar ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 63 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Data Analyst in Mumbai

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Experience wise Morningstar Data Analyst salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹3.4 L/yr - ₹9.9 L/yr
1 year  (27 salaries)

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₹3.5 L/yr - ₹6.1 L/yr
2 years  (21 salaries)

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₹3 L/yr - ₹7 L/yr
3 years  (8 salaries)

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₹5 L/yr - ₹6.5 L/yr
Morningstar Data Analyst Salary and Career Growth

From

To

Data Analyst

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0 - 3 years exp.

Associate Manager

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6 - 12 years exp.

Data Analyst

0 - 3 years exp.
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Senior Data Research Analyst

0 - 7 years exp.
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arrow icon 19% hike

Associate - Team Lead

1 - 10 years exp.
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arrow icon 56% 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.

Similar Designation salaries in Morningstar

Research Analyst Salary
(108 salaries)
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₹2.7 L/yr - ₹7 L/yr
Team Lead Salary
(81 salaries)
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₹7 L/yr - ₹18.59 L/yr
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₹4 L/yr - ₹8.5 L/yr
Analyst Salary
(40 salaries)
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₹3.54 L/yr - ₹14.2 L/yr
Senior Analyst Salary
(30 salaries)
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₹5 L/yr - ₹18.75 L/yr
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₹5 L/yr - ₹16 L/yr
Data Scientist Salary
(14 salaries)
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₹7 L/yr - ₹18 L/yr
Data Engineer Salary
(7 salaries)
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₹9.5 L/yr - ₹13.5 L/yr

Top skills at Morningstar for Data Analyst

Software Configuration Management Finance Data Analysis Interpersonal Skills Data Mining Data Analytics Administration Python Data Visualization Quality Assurance Reporting Operations Excel Data Cleansing Data Analysis

Salary related reviews for Morningstar

2.9

Rated by 5 employees for salary & benefits

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

read more
  • Skill development - Bad
  • +5 more

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

read more
  • Salary - Bad
  • +4 more

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)

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Can improve in terms of being a better pay-master.

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +1 more
see more salary related reviews

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Morningstar Data Analyst Salary FAQs

What is the salary of Data Analyst at Morningstar in Mumbai?
The average salary of a Data Analyst at Morningstar in Mumbai typically ranges from ₹3.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Data Analyst in Mumbai at Morningstar earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Data 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 60+ Morningstar employees in India.
What is the estimated take home salary of a Data Analyst at Morningstar in Mumbai?
The estimated take-home salary of a Data Analyst at Morningstar in Mumbai typically ranges from ₹43,382 to ₹44,497 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 60+ 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 Data Analyst at Morningstar in Mumbai?
To be a Data Analyst at Morningstar in Mumbai, the key skills required include:

  • - Software Configuration Management
  • - Finance
  • - Data Analysis
  • - Interpersonal Skills
  • - Data Mining

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 Data Analyst in India?
Franklin Templeton Investments ₹4.5 Lakhs to ₹15.6 Lakhs per year
Travelex ₹6.5 Lakhs to ₹8.0 Lakhs per year
Kotak Securities ₹3.0 Lakhs to ₹9.0 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 Data Analyst in companies similar to Morningstar in Mumbai?
The salary of a Data Analyst at companies similar to Morningstar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Direct ₹1.0 Lakhs to ₹12.0 Lakhs per year
Sharekhan ₹4.0 Lakhs to ₹5.7 Lakhs per year
Kroll ₹3.2 Lakhs to ₹4.5 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 Data Analyst at Morningstar in Mumbai?
The salary growth for a Data Analyst at Morningstar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Analyst in Mumbai can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
Fresher ₹3.4 Lakhs to ₹9.9 Lakhs per year
1 year ₹3.5 Lakhs to ₹6.1 Lakhs per year
2 years ₹3.0 Lakhs to ₹7.0 Lakhs per year
3 years ₹5.0 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Data Analyst salary in Mumbai ranges between ₹3 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 63 Morningstar latest salaries received from various employees of Morningstar.