Morningstar Equity Research Associate Salaries by 5 Employees

0 - 1 year exp.

₹4.3 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Equity Research Associate Salary in Financial Services Companies for 0 - 1 year of experience

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Last Updated: 28 Jan 2024

Companies similar to Morningstar for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7 L/yr 37% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 29% less
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Reliance Capital Equity Research Associate Salary 1 - 7 years exp. (4 salaries)	₹6.8 L/yr - ₹16 L/yr 118% more
Macquarie Group Equity Research Associate Salary 1 - 5 years exp. (4 salaries)	₹22 L/yr - ₹25 L/yr 380% more
FactSet Equity Research Associate Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹5 L/yr 22% less

Equity Research Associate salary at Morningstar ranges between ₹4.3 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Equity Research Associate salaries

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.3 L/yr - ₹5 L/yr
Login to view exact salary
1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.6 L/yr

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Salary related reviews for Morningstar

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

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

Equity Research Analyst in Mumbai

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

Job security - Good

Dislikes

Politics and low salary and no recognition

Salary - Bad

+5 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.

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

see more salary related reviews

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Morningstar Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Morningstar ?

The average salary of a Equity Research Associate at Morningstar in India typically ranges from ₹4.3 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Equity Research Associate at Morningstar earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Equity Research Associate 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 Equity Research Associate at Morningstar in India?

The estimated take-home salary of a Equity Research Associate at Morningstar in India typically ranges from ₹36,708 to ₹37,922 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 1 year.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.

Which companies offer higher salaries than Morningstar for Equity Research Associate in India?

Macquarie Group	₹22.0 Lakhs to ₹25.0 Lakhs per year
Reliance Capital	₹6.8 Lakhs to ₹16.0 Lakhs per year
Axis Direct	₹4.0 Lakhs to ₹7.0 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 Equity Research Associate in companies similar to Morningstar in India?

The salary of a Equity Research Associate at companies similar to Morningstar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FactSet	₹2.6 Lakhs to ₹5.0 Lakhs per year
Kotak Securities	₹2.3 Lakhs to ₹5.2 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 Associate at Morningstar in India?

The salary growth for a Equity Research Associate at Morningstar depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at Morningstar:

Experience	Average Salary Range
Fresher	₹4.3 Lakhs to ₹5.0 Lakhs per year
1 year	₹5.1 Lakhs to ₹5.6 Lakhs per year

and so on.

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Morningstar Equity Research Associate Salaries

Morningstar Equity Research Associate salary in India ranges between ₹4.3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Morningstar latest salaries received from various employees of Morningstar.