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Morningstar Research Associate II salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹4.8 Lakhs - ₹10.3 Lakhs
Salary of majority employees
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18% more than the average Research Associate II Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Research Associate II Salary
1 - 3 years exp. (5 salaries)
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₹6.5 L/yr - ₹8.8 L/yr

CSR & Social Service
Research Associate II Salary
2 - 3 years exp. (4 salaries)
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₹7 L/yr - ₹8.5 L/yr

Research & Development
Research Associate II Salary
1 - 2 years exp. (4 salaries)
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₹4.8 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Research Associate II Salary
1 - 3 years exp. (3 salaries)
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₹6 L/yr - ₹8.5 L/yr

Data Science & Analytics
Research Associate II Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹8 L/yr

Last Updated: 28 Nov 2024

Companies similar to Morningstar for Research Associate II in Mumbai

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Morningstar Research Associate II Salary

1 - 3 years exp. (25 salaries)

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₹4.8 L/yr - ₹10.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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S&P Global Research Associate II Salary

0 - 5 years exp. (9 salaries)

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₹7 L/yr - ₹9 L/yr

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₹5.5 L/yr - ₹8.5 L/yr

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Encube Ethicals Research Associate II Salary

1 - 4 years exp. (27 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 54% less
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₹4.5 L/yr - ₹5.9 L/yr

arrow icon 31% less
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₹6.7 L/yr - ₹9.6 L/yr

arrow icon 15% more
Research Associate II salary at Morningstar ranges between ₹4.8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 25 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Research Associate II in Mumbai

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Experience wise Morningstar Research Associate II salaries in Mumbai

Last Updated: 28 Nov 2024

Experience Avg Annual Salary
1 year  (8 salaries)

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₹4.8 L/yr - ₹9 L/yr
2 years  (9 salaries)

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₹6 L/yr - ₹10.3 L/yr
3 years  (8 salaries)

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₹7 L/yr - ₹8.8 L/yr
Morningstar Research Associate II Salary and Career Growth

From

To

Research Associate II

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1 - 3 years exp.

Senior Research Associate 2

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2 - 4 years exp.

Research Associate II 1 - 3 years exp.
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Senior Research Associate 1 2 - 6 years exp.
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arrow icon 38% hike
    Senior Research Associate 2 2 - 4 years exp.
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    arrow icon -2% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Morningstar

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    ₹3 L/yr - ₹8.2 L/yr
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    ₹3.9 L/yr - ₹9.83 L/yr
    unlock blur
    ₹4 L/yr - ₹6.4 L/yr
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    ₹11.5 L/yr - ₹19.4 L/yr

    Salary related reviews for Morningstar

    3.7

    Rated by 3 employees for salary & benefits

    Full Time

     · 

    Finance & Accounting Department

    3.0
      •  posted on 02 Jan 2025

    4.0
     for  Salary and Benefits

    Likes

    The work culture is pretty good if you compare it to the Big 4s or the major Indian firms. The work itself is not too stressful, although it depends on your team and the manager.

    read more

    Dislikes

    Expect absolutely 0% growth in your career and skills during your time here. This is a dead end job which will just be good to pay your bills but kill your growth in the long run. It’s like working at a 100 year old Indian Public Bank with the same systems and processes, copy and paste model. You’ll always feel stuck and frustrated here no matter how long you’ve been here. I’d advise working at a different company where you’ll have to burn the midnight oil for a year, but could equip yourself with the right skills ensuring long term growth. This job is for those who’ve been defeated by luck, who were left with no other choice but to accept this job. If you are in a desperate need of a job, like many people in the country at the moment, then you can go for this one. It’s decent as compared to the toxic environment in other major firms in our nation. But don’t expect any progress in your professional life.

    read more

    Full Time

     · 

    Customer Success, Service & Operations Department

    4.0
      •  posted on 25 Dec 2024

    5.0
     for  Salary and Benefits

    Likes

    ... life Balance. Structured Training and Excellent Work Culture to learn and grow. In short it's a good company to join for Freshers as it is offering decent package for them.

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    Dislikes

    After a point of time, Promotions and growth are a bit slow. Also the work here what most of the Teams/Departments do is more of Collection in nature and not of that Research.

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    Full Time

     · 

    Product Management Department

    3.0
      •  posted on 23 Jul 2024

    1.0
     for  Salary and Benefits

    Likes

    1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

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    Dislikes

    1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

    read more

    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

    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

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    Full Time

     · 

    Finance & Accounting Department

    4.0
      •  posted on 06 Feb 2024

    2.0
     for  Salary and Benefits

    Likes

    Great company culture, high job security, not too much workload, good work life balance, currently some business units have hybrid work mode which is good for flexibility and work life balance,

    read more

    Dislikes

    ... which reduces flexibility. Promotions/appraisal opportunities are few and slow. Pay is average.

    read more
    see more salary related reviews

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    Morningstar Research Associate II Salary FAQs

    What is the salary of Research Associate II at Morningstar Mumbai?
    Research Associate II salary at Morningstar in Mumbai ranges between ₹4.8 Lakhs to ₹10.3 Lakhs for experience between 1 years to 3 years. According to our estimates it is 18% more than the average Research Associate II Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Morningstar Mumbai.
    How does the salary of a Research Associate II at Morningstar Mumbai compare with the average salary range for this job?
    The average salary of a Research Associate II at Morningstar is 18% more than the average salary of a Research Associate II in Mumbai. To know exact salary insights, login to view.
    Which similar companies are paying more than Morningstar to a Research Associate II in Mumbai?
    • InSync Analytics Research Associate II Salary - ₹6.7 Lakhs to ₹9.6 Lakhs per year
    What is the salary of a Research Associate II in companies similar to Morningstar in Mumbai?
    • S&P Global Research Associate II Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
    • Visible Alpha Solutions Research Associate II Salary - ₹5.5 Lakhs to ₹8.5 Lakhs per year
    • S Zhaveri Pharmakem Research Associate II Salary - ₹4.5 Lakhs to ₹5.9 Lakhs per year
    • Encube Ethicals Research Associate II Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
    What is the estimated take home salary of a Research Associate II at Morningstar in Mumbai?
    The estimated take-home salary of a Research Associate II at Morningstar ranges between ₹56,270 per month to ₹57,681 per month in Mumbai. The take-home salary calculation is based on the average Morningstar Research Associate II salary in India which ranges between ₹4.8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
    What is the notice period for Research Associate II at Morningstar in Mumbai?
    According to AmbitionBox, 87% of the Morningstar Research Associate IIs in Mumbai reported a notice period of 2 Months, 13% reported a notice period of 1 Month.This is based on 23 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Morningstar Research Associate II salary in Mumbai ranges between ₹4.8 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Morningstar latest salaries received from various employees of Morningstar.