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Morningstar Research Associate II salaries in Navi Mumbai (Updated 2025)

Annual salary range
0 - 3 years exp.
₹6.2 Lakhs - ₹9 Lakhs
Salary of majority employees
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32% more than the average Research Associate II Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Research Associate II Salary
0 - 2 years exp. (3 salaries)
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₹6.2 L/yr - ₹7.7 L/yr

Finance & Accounting
Research Associate II Salary
0 - 2 years exp. (3 salaries)
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₹7.4 L/yr - ₹8 L/yr

Data Science & Analytics
Research Associate II Salary
2 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹8 L/yr

Quality Assurance
Research Associate II Salary
2 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹8.5 L/yr

Consulting
Research Associate II Salary
1 year exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9 L/yr

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Last Updated: 4 Jan 2025

Companies similar to Morningstar for Research Associate II in Navi Mumbai

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Morningstar Research Associate II Salary

0 - 3 years exp. (17 salaries)

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₹6.2 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Encube Ethicals Research Associate II Salary

1 - 4 years exp. (5 salaries)

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₹3.3 L/yr - ₹4.6 L/yr

arrow icon 53% less
Research Associate II salary at Morningstar ranges between ₹6.2 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 17 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Research Associate II in Navi Mumbai

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Experience wise Morningstar Research Associate II salaries in Navi Mumbai

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹7.1 L/yr - ₹7.5 L/yr
1 year (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
2 years  (12 salaries)

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₹6.2 L/yr - ₹8.5 L/yr
3 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
Morningstar Research Associate II Salary and Career Growth

From

To

Research Associate II

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0 - 3 years exp.

Senior Research Associate 2

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2 - 4 years exp.

Research Associate II 0 - 3 years exp.
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arrow icon 32% hike
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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

    unlock blur
    ₹3.3 L/yr - ₹7 L/yr
    unlock blur
    ₹4.2 L/yr - ₹10.4 L/yr
    unlock blur
    ₹4.15 L/yr - ₹7 L/yr

    Salary related reviews for Morningstar

    3.2

    Rated by 4 employees for salary & benefits

    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%.

    read more
    • 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.

    read more
    • Salary - Bad
    • +1 more

    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.

    read more
    • 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.

    read more
    • Salary - Bad
    • +3 more

    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.

    read more
    • 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.

    read more
    • Salary - Poor

    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
    • Salary - Good
    • +3 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
    • Skill development - Bad
    • +1 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.

    read more
    • Salary - Excellent
    • +6 more

    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.

    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 in Navi Mumbai?
    The average salary of a Research Associate II at Morningstar in Navi Mumbai typically ranges from ₹6.2 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 3 years).

    The top 10% of Research Associate II in Navi Mumbai at Morningstar earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Research Associate II 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 Research Associate II at Morningstar in Navi Mumbai?
    The estimated take-home salary of a Research Associate II at Morningstar in Navi Mumbai typically ranges from ₹57,018 to ₹58,450 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from Fresher 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 10+ salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.
    What is the salary of a Research Associate II in companies similar to Morningstar in Navi Mumbai?
    The salary of a Research Associate II at companies similar to Morningstar in Navi Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Encube Ethicals ₹3.3 Lakhs to ₹4.6 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 Research Associate II at Morningstar in Navi Mumbai?
    The salary growth for a Research Associate II at Morningstar in Navi Mumbai depends on factors such as experience, performance, and promotions. On average, a Research Associate II in Navi Mumbai can expect the following growth trajectory at Morningstar:

    Experience Average Salary Range
    Fresher ₹7.1 Lakhs to ₹7.5 Lakhs per year
    1 year ₹6.8 Lakhs to ₹8.7 Lakhs per year
    2 years ₹6.2 Lakhs to ₹8.5 Lakhs per year
    3 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Morningstar Research Associate II salary in Navi Mumbai ranges between ₹6.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Morningstar latest salaries received from various employees of Morningstar.