Morningstar Principal Software Engineer Salaries by 10+ Employees (Updated 2025)

10 - 15 years exp.

₹29.2 Lakhs - ₹39.4 Lakhs

Salary of majority employees

8% more than the average Principal Software Engineer Salary in Financial Services Companies for 10 - 15 years of experience

Interested in this particular role? 3 job openings

Last Updated: 13 Mar 2025

Companies similar to Morningstar for Principal Software Engineer

Company name	Avg Annual Salary	Open Jobs
DTCC Principal Software Engineer Salary 9 - 18 years exp. (14 salaries)	₹27 L/yr - ₹41 L/yr 1% less	1 job opening
Invesco Principal Software Engineer Salary 7 - 12 years exp. (9 salaries)	₹25.9 L/yr - ₹37 L/yr 6% less
Login to view exact salary
Fidelity International Principal Software Engineer Salary 10 - 18 years exp. (5 salaries)	₹37.1 L/yr - ₹58 L/yr 46% more
Go-Jek Principal Software Engineer Salary 6 - 12 years exp. (4 salaries)	₹75 L/yr - ₹1.2 Cr/yr 188% more
Synchrony Principal Software Engineer Salary 7 - 11 years exp. (3 salaries)	₹19.2 L/yr - ₹31 L/yr 25% less	1 job opening
Ameriprise Financial Principal Software Engineer Salary 3 - 10 years exp. (3 salaries)	₹19.8 L/yr - ₹31.5 L/yr 21% less

Principal Software Engineer salary at Morningstar ranges between ₹29.2 Lakhs to ₹39.4 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 14 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Principal Software Engineer salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹29.2 L/yr - ₹35 L/yr
11 years (3 salaries)	₹32 L/yr - ₹35 L/yr
Login to view exact salary
12 years (3 salaries)	₹31.9 L/yr - ₹38.7 L/yr
13 years (4 salaries)	₹31.9 L/yr - ₹39.4 L/yr
14 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹35 L/yr
15+ years (AmbitionBox Estimate)	₹33 L/yr - ₹62.8 L/yr

View all

Similar Designation salaries in Morningstar

Senior Software Engineer Salary

(261 salaries)

₹10 L/yr - ₹28.18 L/yr

Associate Software Engineer Salary

(89 salaries)

₹6 L/yr - ₹10.25 L/yr

Lead Software Engineer Salary

(53 salaries)

₹17 L/yr - ₹30.5 L/yr

Software Engineer Salary

(329 salaries)

₹6.6 L/yr - ₹17.15 L/yr

Senior Engineer Salary

(3 salaries)

₹13.7 L/yr - ₹24 L/yr

Senior Software Developer Salary

(12 salaries)

₹10 L/yr - ₹24.61 L/yr

System Engineer Salary

(4 salaries)

₹3.83 L/yr - ₹10.3 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Software Developer Salary

(38 salaries)

₹6.2 L/yr - ₹24.25 L/yr

Software Development Engineer Salary

(5 salaries)

₹10 L/yr - ₹14 L/yr

Top skills at Morningstar for Principal Software Engineer

Scrum Coding Agile Data Structures SQL Automation MS SQL MySQL Cloud Computing Javascript Open Source Java Unit Testing Architecture Front End

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.

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

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 . expiring in 3d

Got a question about Morningstar?

Ask anonymously on communities.

Morningstar Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Morningstar ?

The average salary of a Principal Software Engineer at Morningstar in India typically ranges from ₹29.2 Lakhs to ₹39.4 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Principal Software Engineer at Morningstar earn more than ₹38.7 Lakhs per year, and the top 1% earn over ₹39.4 Lakhs per year. Principal Software Engineer 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 10+ Morningstar employees in India.

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

The estimated take-home salary of a Principal Software Engineer at Morningstar in India typically ranges from ₹2,09,417 to ₹2,17,750 per month. This is based on the average salary range of ₹29.2 Lakhs to ₹39.4 Lakhs per year for employees with experience ranging from 10 years to 15 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 10+ 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 Principal Software Engineer at Morningstar ?

To be a Principal Software Engineer at Morningstar in india, the key skills required include:

- Scrum
- Coding
- Agile
- Data Structures
- SQL

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 Principal Software Engineer in India?

Go-Jek	₹75.0 Lakhs to ₹120.0 Lakhs per year
Fidelity International	₹37.1 Lakhs to ₹58.0 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 Principal Software Engineer in companies similar to Morningstar in India?

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

DTCC	₹27.0 Lakhs to ₹41.0 Lakhs per year
Invesco	₹25.9 Lakhs to ₹37.0 Lakhs per year
Ameriprise Financial	₹19.8 Lakhs to ₹31.5 Lakhs per year
Synchrony	₹19.2 Lakhs to ₹31.0 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 Principal Software Engineer at Morningstar in India?

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

Experience	Average Salary Range
10 years	₹29.2 Lakhs to ₹35.0 Lakhs per year
11 years	₹32.0 Lakhs to ₹35.0 Lakhs per year
12 years	₹31.9 Lakhs to ₹38.7 Lakhs per year
13 years	₹31.9 Lakhs to ₹39.4 Lakhs per year

and so on.

Tell us how to improve this page.

Morningstar Principal Software Engineer Salaries by Location

Home >
Salaries >
Morningstar Salaries >
Morningstar Principal Software Engineer Salaries

Morningstar Principal Software Engineer salary in India ranges between ₹29.2 Lakhs to ₹39.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Morningstar latest salaries received from various employees of Morningstar.

Morningstar Principal Software Engineer salaries in India (Updated 2025)

Companies similar to Morningstar for Principal Software Engineer

Latest annual salaries shared by Morningstar Principal Software Engineer

Experience wise Morningstar Principal Software Engineer salaries

Similar Designation salaries in Morningstar

Top skills at Morningstar for Principal Software Engineer

Salary related reviews for Morningstar

Team Lead in Mumbai

Team Lead in Navi Mumbai

Research Associate in Mumbai

Senior Research Associate in Mumbai

Senior Research Associate in Navi Mumbai

Morningstar Principal Software Engineer Salary FAQs

Tell us how to improve this page.

Morningstar Principal Software Engineer Salaries by Location