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Morningstar Data Research Analyst salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹1.7 Lakh - ₹8.1 Lakhs
Salary of majority employees
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Fixed (90%)
₹4.9 Lakhs
Variable (10%)
₹0.5 Lakh
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At par with the average Data Research Analyst Salary in Financial Services Companies for 0 - 4 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Finance & Accounting
Data Research Analyst Salary
0 - 4 years exp. (450 salaries)
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₹1.7 L/yr - ₹7.2 L/yr

BFSI, Investments & Trading
Data Research Analyst Salary
0 - 4 years exp. (131 salaries)
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₹3.3 L/yr - ₹7.6 L/yr

Data Science & Analytics
Data Research Analyst Salary
0 - 4 years exp. (95 salaries)
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₹3.6 L/yr - ₹7 L/yr

Research & Development
Data Research Analyst Salary
0 - 4 years exp. (22 salaries)
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₹4 L/yr - ₹8.1 L/yr

Customer Success, Service & Operations
Data Research Analyst Salary
0 - 4 years exp. (19 salaries)
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₹3.8 L/yr - ₹6.8 L/yr

Last Updated: 20 Feb 2025

Companies similar to Morningstar for Data Research Analyst in Mumbai

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Morningstar Data Research Analyst Salary

0 - 4 years exp. (955 salaries)

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₹1.7 L/yr - ₹8.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Crisil Data Research Analyst Salary

1 - 2 years exp. (3 salaries)

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₹3.2 L/yr - ₹3.7 L/yr

arrow icon 36% less
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S&P Global Data Research Analyst Salary

0 - 5 years exp. (11 salaries)

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₹2.7 L/yr - ₹6 L/yr

arrow icon 4% less
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Amrut Software Data Research Analyst Salary

0 - 7 years exp. (22 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 50% less
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Bahar Infocons Data Research Analyst Salary

0 - 5 years exp. (14 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 49% less
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 38% less
Data Research Analyst salary at Morningstar ranges between ₹1.7 Lakh to ₹8.1 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 955 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Data Research Analyst in Mumbai

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Experience wise Morningstar Data Research Analyst salaries in Mumbai

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
Fresher  (130 salaries)

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₹1.7 L/yr - ₹6.1 L/yr
1 year  (355 salaries)

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₹3.2 L/yr - ₹7 L/yr
2 years  (298 salaries)

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₹3 L/yr - ₹8.1 L/yr
3 years  (126 salaries)

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₹3 L/yr - ₹7.2 L/yr
4 years  (46 salaries)

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₹2 L/yr - ₹6.8 L/yr
Morningstar Data Research Analyst Salary and Career Growth

From

To

Data Research Analyst

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0 - 4 years exp.

Associate Manager

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6 - 12 years exp.

Data Research Analyst 0 - 4 years exp.
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Senior Data Research Analyst 1 - 6 years exp.
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arrow icon 23% hike
Associate - Team Lead 1 - 10 years exp.
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arrow icon 59% hike

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Similar Designation salaries in Morningstar

Research Analyst Salary
(111 salaries)
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₹2.7 L/yr - ₹7 L/yr
Analyst Salary
(40 salaries)
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₹4.15 L/yr - ₹14.2 L/yr
Senior Analyst Salary
(28 salaries)
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₹5 L/yr - ₹18.75 L/yr
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₹3.05 L/yr - ₹10.5 L/yr
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₹5 L/yr - ₹19.4 L/yr
Credit Analyst Salary
(13 salaries)
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₹7.1 L/yr - ₹11.4 L/yr
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₹4 L/yr - ₹7.2 L/yr
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₹4.6 L/yr - ₹6.05 L/yr

Top skills at Morningstar for Data Research Analyst

Data Collection Data Research Research Analysis Equity Finance Financial Analysis Fundamentals Data Quality Data Management SQL Analytical Operations Market Research Data Analysis Recruitment

Salary related reviews for Morningstar

3.4

Rated by 44 employees for salary & benefits

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

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,

read more
  • Job security - Excellent
  • +2 more

Dislikes

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

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  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 11 Oct 2023

1.0
 for  Salary and Benefits

Likes

Work life balance, Education stipends.

  • Skill development - Good
  • +1 more

Dislikes

Salary is way below market, Very Limited Growth in career, Cost cutting is almost everything, Manager way to aged to manage young guys (In my team), Bonus are very low to minimum. In the end Salary in hand is the big big issue because of new HR's and unnecessary Bulk hiring.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Other Department

4.0
  •  posted on 26 Sep 2023

4.0
 for  Salary and Benefits

Likes

Good work life balance, work culture. Salary is decent and development opportunities are plentiful

read more
  • Salary - Good
  • +3 more

Dislikes

Most profiles don't have a further scope, it's more of a data job than a finance/financial services job.

Finance & Accounting Department

4.0
  •  posted on 20 Dec 2021

2.0
 for  Salary and Benefits

Likes

Work culture is good. Working hours are not long. Team members are very helpful and friendly

  • Skill development - Good
  • +3 more

Dislikes

The compensation could be much better. More transparency about the workings of the company would be appreciated.

read more
  • Salary - Poor
see more salary related reviews

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Morningstar Data Research Analyst Salary FAQs

What is the salary of Data Research Analyst at Morningstar Mumbai?
Data Research Analyst salary at Morningstar in Mumbai ranges between ₹1.7 Lakhs to ₹8.1 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 4% more than the average Data Research Analyst Salary in India. Salary estimates are based on 955 latest salaries received from various employees of Morningstar Mumbai.
How does the salary of a Data Research Analyst at Morningstar Mumbai compare with the average salary range for this job?
The average salary of a Data Research Analyst at Morningstar is 4% more than the average salary of a Data Research Analyst in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Data Research Analyst at Morningstar?
Data Collection, Data Research, Research Analysis, Equity and Finance are some of the popular skills required to work as a Data Research Analyst at Morningstar Mumbai.
What is the salary of a Data Research Analyst in companies similar to Morningstar in Mumbai?
  • S&P Global Data Research Analyst Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year
  • Crisil Data Research Analyst Salary - ₹3.2 Lakhs to ₹3.7 Lakhs per year
  • Decimal Point Analytics Data Research Analyst Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
  • Bahar Infocons Data Research Analyst Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
  • Amrut Software Data Research Analyst Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Data Research Analyst at Morningstar in Mumbai?
The estimated take-home salary of a Data Research Analyst at Morningstar ranges between ₹40,832 per month to ₹41,985 per month in Mumbai. The take-home salary calculation is based on the average Morningstar Data Research Analyst salary in India which ranges between ₹1.7 Lakhs to ₹8.1 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Data Research Analyst at Morningstar in Mumbai?
According to AmbitionBox, 76% of the Morningstar Data Research Analysts in Mumbai reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 531 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Morningstar Data Research Analyst salary in Mumbai ranges between ₹1.7 Lakh to ₹8.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 955 Morningstar latest salaries received from various employees of Morningstar.