Morningstar Lead Software Engineer Salaries by 50+ Employees (Updated 2025)

6 - 11 years exp.

₹17 Lakhs - ₹30.5 Lakhs

Salary of majority employees

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At par with the average Lead Software Engineer Salary in Financial Services Companies for 6 - 11 years of experience

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Salaries in different departments

Engineering - Software & QA Lead Software Engineer Salary 6 - 11 years exp. (44 salaries)	Unlock ₹17 L/yr - ₹30.5 L/yr
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Project & Program Management Lead Software Engineer Salary 9 - 11 years exp. (3 salaries)	Unlock ₹19.5 L/yr - ₹29 L/yr

Last Updated: 8 Mar 2025

Companies similar to Morningstar for Lead Software Engineer

Company name	Avg Annual Salary	Open Jobs
Crisil Lead Software Engineer Salary 3 - 9 years exp. (3 salaries)	Unlock ₹23 L/yr - ₹30 L/yr 10% more
S&P Global Lead Software Engineer Salary 8 - 13 years exp. (147 salaries)	Unlock ₹14.8 L/yr - ₹49 L/yr 35% more
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Fidelity Investments Lead Software Engineer Salary 4 - 12 years exp. (967 salaries)	Unlock ₹12 L/yr - ₹36 L/yr 2% more
TSYS\|Total System Services Lead Software Engineer Salary 9 - 14 years exp. (103 salaries)	Unlock ₹18 L/yr - ₹39 L/yr 24% more
FactSet Lead Software Engineer Salary 7 - 13 years exp. (52 salaries)	Unlock ₹21 L/yr - ₹51 L/yr 37% more	2 job openings
Northern Trust Operating Services Lead Software Engineer Salary 8 - 14 years exp. (24 salaries)	Unlock ₹22.7 L/yr - ₹37.1 L/yr 14% more
Franklin Templeton Investments Lead Software Engineer Salary 12 - 21 years exp. (12 salaries)	Unlock ₹29.5 L/yr - ₹55 L/yr 80% more
Fidelity International Lead Software Engineer Salary 1 - 11 years exp. (5 salaries)	Unlock ₹21 L/yr - ₹24 L/yr 10% less
Macquarie Group Lead Software Engineer Salary 8 - 12 years exp. (3 salaries)	Unlock ₹20 L/yr - ₹42 L/yr 11% more

Lead Software Engineer salary at Morningstar ranges between ₹17 Lakhs to ₹30.5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 52 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Lead Software Engineer

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6 years exp.

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8 years exp.

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11 years exp.

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8 years exp.

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10 years exp.

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7 years exp.

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9 years exp.

Experience wise Morningstar Lead Software Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
6 years (5 salaries)	Unlock ₹21.3 L/yr - ₹25 L/yr
7 years (7 salaries)	Unlock ₹22 L/yr - ₹28 L/yr
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8 years (10 salaries)	Unlock ₹20.6 L/yr - ₹30 L/yr
9 years (18 salaries)	Unlock ₹17 L/yr - ₹30 L/yr
10 years (6 salaries)	Unlock ₹17.8 L/yr - ₹27.5 L/yr
11 years (6 salaries)	Unlock ₹20 L/yr - ₹30.5 L/yr

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Top skills at Morningstar for Lead Software Engineer

Agile Coding Javascript MS SQL Open Source MVC MySQL SQL Application Development Computer science Scrum Automation Core Java Java JQuery

Salary related reviews for Morningstar

3.1

Rated by 4 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.

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

Senior Research Associate in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jan 2025

2.0

for Salary and Benefits

Likes

They have very good work life balance and they are more like a family company culture is so good but for growth prospects we can't Rely on This.

Job security - Excellent

+3 more

Dislikes

The pay is not upto the mark as compared to other peer companies since they follow median pay. Even after performing Extremely well they pay you very less.

Salary - Poor

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Morningstar Lead Software Engineer Salary FAQs

What is the salary of Lead Software Engineer at Morningstar?

Lead Software Engineer salary at Morningstar in India ranges between ₹17.0 Lakhs to ₹30.5 Lakhs for experience between 6 years to 11 years. According to our estimates it is 1% less than the average Lead Software Engineer Salary in India. Salary estimates are based on 52 latest salaries received from various employees of Morningstar India.

How does the salary of a Lead Software Engineer at Morningstar India compare with the average salary range for this job?

The average salary of a Lead Software Engineer at Morningstar is 1% less than the average salary of a Lead Software Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Lead Software Engineer at Morningstar?

Agile, Coding, Javascript, MS SQL and Open Source are some of the popular skills required to work as a Lead Software Engineer at Morningstar India.

Which similar companies are paying more than Morningstar to a Lead Software Engineer in India?

Franklin Templeton Investments Lead Software Engineer Salary - ₹29.5 Lakhs to ₹55.0 Lakhs per year
FactSet Lead Software Engineer Salary - ₹21.0 Lakhs to ₹51.0 Lakhs per year
S&P Global Lead Software Engineer Salary - ₹14.8 Lakhs to ₹49.0 Lakhs per year
TSYS|Total System Services Lead Software Engineer Salary - ₹18.0 Lakhs to ₹39.0 Lakhs per year
Northern Trust Operating Services Lead Software Engineer Salary - ₹22.7 Lakhs to ₹37.1 Lakhs per year

What is the salary of a Lead Software Engineer in companies similar to Morningstar in India?

Macquarie Group Lead Software Engineer Salary - ₹20.0 Lakhs to ₹42.0 Lakhs per year
Crisil Lead Software Engineer Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
Fidelity Investments Lead Software Engineer Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
Fidelity International Lead Software Engineer Salary - ₹21.0 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Lead Software Engineer at Morningstar in India?

The estimated take-home salary of a Lead Software Engineer at Morningstar ranges between ₹1,57,593 per month to ₹1,63,583 per month in India. The take-home salary calculation is based on the average Morningstar Lead Software Engineer salary in India which ranges between ₹17.0 Lakhs to ₹30.5 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Lead Software Engineer at Morningstar?

According to AmbitionBox, 80% of the Morningstar Lead Software Engineers reported a notice period of 2 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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Morningstar Lead Software Engineer Salaries

Morningstar Lead Software Engineer salary in India ranges between ₹17 Lakhs to ₹30.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 52 Morningstar latest salaries received from various employees of Morningstar.