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Morningstar Engineering Manager salaries in India

Annual salary range
12 - 14 years exp.
₹43 Lakhs - ₹52 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (79%)
₹36.8 Lakhs
Variable (21%)
₹9.9 Lakhs
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26% more than the average Engineering Manager Salary in Financial Services Companies for 12 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Project & Program Management
Engineering Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹38.7 L/yr - ₹47.3 L/yr

Engineering - Software & QA
Engineering Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹49.4 L/yr - ₹54.6 L/yr

Last Updated: 21 Aug 2024

Companies similar to Morningstar for Engineering Manager

Company name Avg Annual Salary Open Jobs
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S&P Global Engineering Manager Salary

8 - 15 years exp. (5 salaries)

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₹22 L/yr - ₹65 L/yr

arrow icon 11% less
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FactSet Engineering Manager Salary

8 - 17 years exp. (10 salaries)

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₹30 L/yr - ₹45 L/yr

arrow icon 20% less
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₹28 L/yr - ₹37 L/yr

arrow icon 31% less
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Ameriprise Financial Engineering Manager Salary

10 - 16 years exp. (4 salaries)

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₹37.7 L/yr - ₹60 L/yr

arrow icon 8% more
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Mr Cooper Engineering Manager Salary

13 - 18 years exp. (4 salaries)

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₹25.3 L/yr - ₹36 L/yr

arrow icon 34% less
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Macquarie Group Engineering Manager Salary

12 - 14 years exp. (4 salaries)

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₹28.5 L/yr - ₹40.2 L/yr

arrow icon 26% less
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Fidelity Investments Engineering Manager Salary

14 - 20 years exp. (4 salaries)

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₹46 L/yr - ₹75 L/yr

arrow icon 30% more
Engineering Manager salary at Morningstar ranges between ₹43 Lakhs to ₹52 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Engineering Manager

4mo ago
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12 years exp.
7mo ago
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12 years exp.
1y ago
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14 years exp.
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13 years exp.

Experience wise Morningstar Engineering Manager salaries

Last Updated: 21 Aug 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹20.3 L/yr - ₹52 L/yr
13 years (AmbitionBox Estimate)

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₹43 L/yr - ₹83.5 L/yr
14 years (AmbitionBox Estimate)

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₹43 L/yr - ₹43 L/yr

Similar Designation salaries in Morningstar

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₹42 L/yr - ₹70 L/yr
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₹28 L/yr - ₹70 L/yr
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₹30 L/yr - ₹40 L/yr
Project Manager Salary
(13 salaries)
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₹11.17 L/yr - ₹29 L/yr
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₹19.5 L/yr - ₹47 L/yr
Product Manager Salary
(52 salaries)
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₹13 L/yr - ₹33 L/yr
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₹28 L/yr - ₹33 L/yr
Scrum Master Salary
(7 salaries)
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₹15 L/yr - ₹22.25 L/yr
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₹31.2 L/yr - ₹34 L/yr
Principal Engineer Salary
(AmbitionBox Estimate)
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₹30.2 L/yr - ₹38.5 L/yr

Top skills at Morningstar for Engineering Manager

Python SQL Agile Coaching Data Architecture Machine Learning Apache Nifi Process Improvement Product Management Managed Services

Salary related reviews for Morningstar

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

 · 

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.

read more
  • 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.

read more

Full Time

 · 

Product Management Department

3.0
  •  posted on 23 Jul 2024

1.0
 for  Salary and Benefits

Likes

1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

read more
  • Skill development - Good
  • +3 more

Dislikes

1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

read more
  • Salary - Bad
  • +1 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

 · 

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.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Morningstar Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Morningstar ?
The average salary of a Engineering Manager at Morningstar in India typically ranges from ₹43.0 Lakhs to ₹52.0 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Engineering Manager at Morningstar earn more than ₹52.0 Lakhs per year, and the top 1% earn over ₹52.0 Lakhs per year. Engineering Manager 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 5 Morningstar employees in India.
What is the estimated take home salary of a Engineering Manager at Morningstar in India?
The estimated take-home salary of a Engineering Manager at Morningstar in India typically ranges from ₹2,74,018 to ₹2,85,270 per month. This is based on the average salary range of ₹43.0 Lakhs to ₹52.0 Lakhs per year for employees with experience ranging from 12 years to 14 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 5 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 Engineering Manager at Morningstar ?
To be a Engineering Manager at Morningstar in india, the key skills required include:

  • - Python
  • - SQL
  • - Agile Coaching
  • - Data Architecture
  • - Machine Learning

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 Engineering Manager in India?
Fidelity Investments ₹46.0 Lakhs to ₹75.0 Lakhs per year
Ameriprise Financial ₹37.7 Lakhs to ₹60.0 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 Engineering Manager in companies similar to Morningstar in India?
The salary of a Engineering Manager at companies similar to Morningstar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

S&P Global ₹22.0 Lakhs to ₹65.0 Lakhs per year
FactSet ₹30.0 Lakhs to ₹45.0 Lakhs per year
Macquarie Group ₹28.5 Lakhs to ₹40.2 Lakhs per year
TSYS|Total System Services ₹28.0 Lakhs to ₹37.0 Lakhs per year
Mr Cooper ₹25.3 Lakhs to ₹36.0 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 Engineering Manager at Morningstar in India?
The salary growth for a Engineering Manager at Morningstar depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
12 years ₹20.3 Lakhs to ₹52.0 Lakhs per year
13 years ₹43.0 Lakhs to ₹83.5 Lakhs per year
14 years ₹43.0 Lakhs to ₹43.0 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Engineering Manager salary in India ranges between ₹43 Lakhs to ₹52 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Morningstar latest salaries received from various employees of Morningstar.