Morningstar Mumbai Financial Analyst Salaries by 20+ Employees (Updated 2025)

1 - 10 years exp.

₹3.1 Lakhs - ₹10.5 Lakhs

Salary of majority employees

5% more than the average Financial Analyst Salary in Financial Services Companies for 1 - 10 years of experience

Interested in this particular role?

Last Updated: 21 Jan 2025

Companies similar to Morningstar for Financial Analyst in Mumbai

Morningstar Financial Analyst Salary

1 - 10 years exp. (21 salaries)

₹3.1 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Travelex Financial Analyst Salary 2 - 11 years exp. (54 salaries)	₹3.3 L/yr - ₹9.6 L/yr 15% more	1 job opening
TIAA Global Business Services Financial Analyst Salary 1 - 6 years exp. (14 salaries)	₹4.5 L/yr - ₹10 L/yr 16% more
Login to view exact salary
Kroll Financial Analyst Salary 1 - 3 years exp. (6 salaries)	₹4 L/yr - ₹8 L/yr 9% less
Apex Group Financial Analyst Salary 1 - 8 years exp. (4 salaries)	₹5.4 L/yr - ₹7 L/yr 8% more
Ocwen Financial Solutions Financial Analyst Salary 3 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 30% less

Financial Analyst salary at Morningstar ranges between ₹3.1 Lakhs to ₹10.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 21 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Financial Analyst salaries in Mumbai

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
2 years (3 salaries)	₹3.2 L/yr - ₹9.7 L/yr
Login to view exact salary
3 years (4 salaries)	₹3.1 L/yr - ₹8 L/yr
4 years (4 salaries)	₹3.8 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Morningstar

Research Analyst Salary

(112 salaries)

₹2.7 L/yr - ₹7 L/yr

Team Lead Salary

(81 salaries)

₹7 L/yr - ₹18.59 L/yr

Analyst Salary

(40 salaries)

₹3.54 L/yr - ₹14.2 L/yr

Senior Analyst Salary

(30 salaries)

₹5 L/yr - ₹18.75 L/yr

Business Analyst Salary

(17 salaries)

₹5 L/yr - ₹16 L/yr

Credit Analyst Salary

(12 salaries)

₹7.1 L/yr - ₹10.22 L/yr

Senior Financial Analyst Salary

(8 salaries)

₹4 L/yr - ₹7.2 L/yr

Finance Executive Salary

(5 salaries)

₹3 L/yr - ₹6.3 L/yr

Top skills at Morningstar for Financial Analyst

ERP Payroll Billing Income Tax Transfer pricing Reconciliation Forecasting Taxation Corporate Finance Budgeting

Salary related reviews for Morningstar

3.0

Rated by 1 employees for salary & benefits

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.

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

Senior Research Associate in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 02 Feb 2025

1.0

for Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

Job security - Excellent

+1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

Salary - Bad

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Morningstar

View All

freestorm

works at

Morningstar

Which Company to join?

Which company should I join for product management- Morgan Stanley or Morningstar? I have offers from both and package is similar.

Morningstar Inc

Morgan Stanley

3 participants . poll closed

Got a question about Morningstar?

Ask anonymously on communities.

Morningstar Financial Analyst Salary FAQs

What is the salary of Financial Analyst at Morningstar in Mumbai?

The average salary of a Financial Analyst at Morningstar in Mumbai typically ranges from ₹3.1 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Financial Analyst in Mumbai at Morningstar earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Financial 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 20+ Morningstar employees in India.

What is the estimated take home salary of a Financial Analyst at Morningstar in Mumbai?

The estimated take-home salary of a Financial Analyst at Morningstar in Mumbai typically ranges from ₹48,691 to ₹49,842 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 1 year to 10 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 20+ 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 Financial Analyst at Morningstar in Mumbai?

To be a Financial Analyst at Morningstar in Mumbai, the key skills required include:

- ERP
- Payroll
- Billing
- Income Tax
- Transfer pricing

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 Financial Analyst in India?

TIAA Global Business Services	₹4.5 Lakhs to ₹10.0 Lakhs per year
Travelex	₹3.3 Lakhs to ₹9.6 Lakhs per year
Apex Group	₹5.4 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 Financial Analyst in companies similar to Morningstar in Mumbai?

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

Kroll	₹4.0 Lakhs to ₹8.0 Lakhs per year
Ocwen Financial Solutions	₹4.0 Lakhs to ₹4.5 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 Financial Analyst at Morningstar in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.6 Lakhs to ₹5.9 Lakhs per year
2 years	₹3.2 Lakhs to ₹9.7 Lakhs per year
3 years	₹3.1 Lakhs to ₹8.0 Lakhs per year
4 years	₹3.8 Lakhs to ₹7.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Morningstar Salaries >
Morningstar Financial Analyst Salaries >
Morningstar Financial Analyst Salaries in Mumbai

Morningstar Financial Analyst salary in Mumbai ranges between ₹3.1 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Morningstar latest salaries received from various employees of Morningstar.