Upload Button Icon Add office photos

Morningstar

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Morningstar Equity Research Analyst salaries in India (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹6.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

49% less than the average Equity Research Analyst Salary in Financial Services Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Equity Research Analyst Salary
0 - 3 years exp. (62 salaries)
unlock-blur

₹3.3 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Equity Research Analyst Salary
0 - 3 years exp. (15 salaries)
unlock-blur

₹3 L/yr - ₹6.5 L/yr

Research & Development
Equity Research Analyst Salary
1 - 2 years exp. (3 salaries)
unlock-blur

₹4.7 L/yr - ₹5.7 L/yr

Customer Success, Service & Operations
Equity Research Analyst Salary
1 - 3 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.9 L/yr - ₹5.8 L/yr

Last Updated: 17 Mar 2025

Companies similar to Morningstar for Equity Research Analyst

Company name Avg Annual Salary Open Jobs
Logo
FactSet Equity Research Analyst Salary

0 - 3 years exp. (357 salaries)

unlock blur

₹1.8 L/yr - ₹4.8 L/yr

arrow icon 32% less
Logo
Sharekhan Equity Research Analyst Salary

1 - 8 years exp. (11 salaries)

unlock blur

₹8 L/yr - ₹27.1 L/yr

arrow icon 201% more
1 job opening
Logo
Axis Direct Equity Research Analyst Salary

1 - 13 years exp. (8 salaries)

unlock blur

₹9.2 L/yr - ₹23 L/yr

arrow icon 233% more
Logo
unlock blur

₹16.5 L/yr - ₹17.6 L/yr

arrow icon 212% more
unlock blur

₹15 L/yr - ₹23 L/yr

arrow icon 283% more
unlock blur

₹38 L/yr - ₹60 L/yr

arrow icon 779% more
unlock blur

₹26.1 L/yr - ₹36 L/yr

arrow icon 481% more
Equity Research Analyst salary at Morningstar ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 88 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Equity Research Analyst

3d ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
1 year exp.
1mo ago
avg blur mobile
1 year exp.
1mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
2 years exp.
3mo ago
avg blur mobile
6 months exp.

Experience wise Morningstar Equity Research Analyst salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
Fresher  (21 salaries)

unlock blur

₹3.3 L/yr - ₹5.3 L/yr
1 year  (28 salaries)

unlock blur

₹3 L/yr - ₹6 L/yr
2 years  (27 salaries)

unlock blur

₹3.8 L/yr - ₹6.5 L/yr
3 years  (12 salaries)

unlock blur

₹3.9 L/yr - ₹6 L/yr
Morningstar Equity Research Analyst Salary and Career Growth

From

To

Equity Research Analyst

unlock blur

0 - 3 years exp.

Senior Equity Research Analyst

unlock blur

1 - 5 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

Research Analyst Salary
(183 salaries)
unlock blur
₹2.7 L/yr - ₹7 L/yr
unlock blur
₹5 L/yr - ₹19.08 L/yr
unlock blur
₹1.9 L/yr - ₹10.5 L/yr
unlock blur
₹2.35 L/yr - ₹8 L/yr
Senior Analyst Salary
(48 salaries)
unlock blur
₹4.99 L/yr - ₹17.94 L/yr
Credit Analyst Salary
(16 salaries)
unlock blur
₹7.1 L/yr - ₹11.4 L/yr
unlock blur
₹3.3 L/yr - ₹7.7 L/yr
Analyst Salary
(75 salaries)
unlock blur
₹4.13 L/yr - ₹15 L/yr
unlock blur
₹4.5 L/yr - ₹6.7 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
unlock blur
₹9.4 L/yr - ₹12 L/yr

Salary related reviews for Morningstar

3.3

Rated by 7 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 18 Jun 2023

1.0
 for  Salary and Benefits

Likes

In recession period morning Star have become as stressful as any other company would be , previously it is known for work life balance but it's not the case at present

read more
  • Job security - Good

Dislikes

Politics and low salary and no recognition

  • Salary - 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

Discover interview dos and don'ts from real experiences

Morningstar Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Morningstar ?
The average salary of a Equity Research Analyst at Morningstar in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Equity Research Analyst at Morningstar earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Equity Research 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 80+ Morningstar employees in India.
What is the estimated take home salary of a Equity Research Analyst at Morningstar in India?
The estimated take-home salary of a Equity Research Analyst at Morningstar in India typically ranges from ₹41,252 to ₹42,399 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 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 80+ salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Morningstar for Equity Research Analyst in India?
Macquarie Group ₹38.0 Lakhs to ₹60.0 Lakhs per year
Franklin Templeton Investments ₹26.1 Lakhs to ₹36.0 Lakhs per year
Fidelity International ₹15.0 Lakhs to ₹23.0 Lakhs per year
Axis Direct ₹9.2 Lakhs to ₹23.0 Lakhs per year
Kotak Securities ₹16.5 Lakhs to ₹17.6 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 Equity Research Analyst in companies similar to Morningstar in India?
The salary of a Equity Research Analyst at companies similar to Morningstar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sharekhan ₹8.0 Lakhs to ₹27.1 Lakhs per year
FactSet ₹1.8 Lakhs to ₹4.8 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 Equity Research Analyst at Morningstar in India?
The salary growth for a Equity Research Analyst at Morningstar depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹5.3 Lakhs per year
1 year ₹3.0 Lakhs to ₹6.0 Lakhs per year
2 years ₹3.8 Lakhs to ₹6.5 Lakhs per year
3 years ₹3.9 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Equity Research Analyst salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 88 Morningstar latest salaries received from various employees of Morningstar.