Morningstar Mumbai Data Consultant Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹6.5 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Data Consultant Salary in Financial Services Companies for 1 - 4 years of experience

Interested in this particular role? 1 job opening

Last Updated: 14 Feb 2025

Companies similar to Morningstar for Data Consultant in Mumbai

Morningstar Data Consultant Salary

1 - 4 years exp. (4 salaries)

₹6.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Satori Group Data Consultant Salary 0 - 5 years exp. (22 salaries)	₹1.8 L/yr - ₹4.5 L/yr 55% less
Eversana Data Consultant Salary 11 - 14 years exp. (4 salaries)	₹21 L/yr - ₹31 L/yr 268% more
Login to view exact salary
Ugam Solution Data Consultant Salary 0 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 65% less
Fractal Analytics Data Consultant Salary 2 - 7 years exp. (3 salaries)	₹8.3 L/yr - ₹9.6 L/yr 29% more

Data Consultant salary at Morningstar ranges between ₹6.5 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Data Consultant salaries in Mumbai

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr

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Senior Analyst Salary

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Top skills at Morningstar for Data Consultant

Data Collection Investment Banking IT Business Analysis Project Management Finance MS Office Relationship Management Fixed Income Software Asset Management Project Management Excel Data Collection Excel Investment Management Process Improvement

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.

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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I am going for an interview for MDP associate role. But I do have a notice period of 60 days which I mentioned in the application. I don't think my application will be considered after watching this. Do you think the company will wait 60 days for a process they are hiring in bulk

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Morningstar Data Consultant Salary FAQs

What is the salary of Data Consultant at Morningstar in Mumbai?

The average salary of a Data Consultant at Morningstar in Mumbai typically ranges from ₹6.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Data Consultant in Mumbai at Morningstar earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Data Consultant 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 4 Morningstar employees in India.

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

The estimated take-home salary of a Data Consultant at Morningstar in Mumbai typically ranges from ₹52,853 to ₹54,168 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 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 Consultant at Morningstar in Mumbai?

To be a Data Consultant at Morningstar in Mumbai, the key skills required include:

- Data Collection
- Investment Banking
- IT Business Analysis
- Project Management
- Finance

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 Consultant in India?

Eversana	₹21.0 Lakhs to ₹31.0 Lakhs per year
Fractal Analytics	₹8.3 Lakhs to ₹9.6 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 Data Consultant in companies similar to Morningstar in Mumbai?

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

Satori Group	₹1.8 Lakhs to ₹4.5 Lakhs per year
Ugam Solution	₹2.3 Lakhs to ₹2.9 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 Data Consultant at Morningstar in Mumbai?

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

Experience	Average Salary Range
1 year	₹6.1 Lakhs to ₹7.8 Lakhs per year
2 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
3 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
4 years	₹6.6 Lakhs to ₹8.5 Lakhs per year

and so on.

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Morningstar Data Consultant Salaries in Mumbai

Morningstar Data Consultant salary in Mumbai ranges between ₹6.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Morningstar latest salaries received from various employees of Morningstar.