Morningstar Mumbai Financial Research Analyst Salaries by 4 Employees

2 - 3 years exp.

₹4 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Financial Research Analyst Salary in Financial Services Companies for 2 - 3 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Morningstar for Financial Research Analyst in Mumbai

Morningstar Financial Research Analyst Salary

2 - 3 years exp. (4 salaries)

₹4 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kroll Financial Research Analyst Salary 2 - 4 years exp. (3 salaries)	₹4.4 L/yr - ₹5.4 L/yr 7% less
TCS Financial Research Analyst Salary 1 - 7 years exp. (17 salaries)	₹2.4 L/yr - ₹5 L/yr 48% less
Login to view exact salary
Merit Data and Technology Financial Research Analyst Salary 0 - 4 years exp. (11 salaries)	₹4.8 L/yr - ₹7.1 L/yr 27% more
Axience Consulting Financial Research Analyst Salary 0 - 4 years exp. (6 salaries)	₹4.5 L/yr - ₹11.6 L/yr 27% more
Datamatrix Technologies Financial Research Analyst Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4.4 L/yr 29% less

Financial Research Analyst salary at Morningstar ranges between ₹4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Financial Research Analyst salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
Login to view exact salary
3 years (3 salaries)	₹4 L/yr - ₹9 L/yr

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Salary related reviews for Morningstar

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

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I am going for an interview for MDP associate role. But I do have a notice period of 60 days which I mentioned in the application. I don't think my application will be considered after watching this. Do you think the company will wait 60 days for a process they are hiring in bulk

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Morningstar Financial Research Analyst Salary FAQs

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

The average salary of a Financial Research Analyst at Morningstar in Mumbai typically ranges from ₹4.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Financial Research Analyst in Mumbai at Morningstar earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Financial 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 4 Morningstar employees in India.

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

The estimated take-home salary of a Financial Research Analyst at Morningstar in Mumbai typically ranges from ₹38,977 to ₹40,158 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years 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 4 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 Financial Research Analyst in India?

Axience Consulting	₹4.5 Lakhs to ₹11.6 Lakhs per year
Merit Data and Technology	₹4.8 Lakhs to ₹7.1 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 Research Analyst in companies similar to Morningstar in Mumbai?

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

Kroll	₹4.4 Lakhs to ₹5.4 Lakhs per year
Datamatrix Technologies	₹2.0 Lakhs to ₹4.4 Lakhs per year
TCS	₹2.4 Lakhs to ₹5.0 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 Financial Research Analyst at Morningstar in Mumbai?

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

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
3 years	₹4.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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Morningstar Financial Research Analyst Salaries in Mumbai

Morningstar Financial Research Analyst salary in Mumbai ranges between ₹4 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Morningstar latest salaries received from various employees of Morningstar.