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Morningstar Research Associate salaries in Navi Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹3.3 Lakhs - ₹7 Lakhs
Salary of majority employees
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Fixed (88%)
₹5.1 Lakhs
Variable (12%)
₹0.7 Lakh
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28% more than the average Research Associate Salary in Financial Services Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Research Associate Salary
0 - 4 years exp. (47 salaries)
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₹3.8 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Research Associate Salary
0 - 3 years exp. (36 salaries)
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₹3.9 L/yr - ₹7 L/yr

Research & Development
Research Associate Salary
0 - 3 years exp. (18 salaries)
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₹3.9 L/yr - ₹6 L/yr

Data Science & Analytics
Research Associate Salary
0 - 2 years exp. (8 salaries)
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₹3.3 L/yr - ₹6.5 L/yr

Last Updated: 27 Feb 2025

Companies similar to Morningstar for Research Associate in Navi Mumbai

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Morningstar Research Associate Salary

0 - 4 years exp. (164 salaries)

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₹3.3 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Crisil Research Associate Salary

4 - 8 years exp. (3 salaries)

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₹8.8 L/yr - ₹13 L/yr

arrow icon 85% more
6 job openings
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₹2.3 L/yr - ₹7.2 L/yr

arrow icon 11% less
2 job openings
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Alkem Laboratories Research Associate Salary

1 - 8 years exp. (45 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 22% less
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₹2.8 L/yr - ₹6 L/yr

arrow icon 27% less
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Sitec Labs Research Associate Salary

0 - 4 years exp. (28 salaries)

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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 43% less

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Research Associate salary at Morningstar ranges between ₹3.3 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 164 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Research Associate in Navi Mumbai

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Experience wise Morningstar Research Associate salaries in Navi Mumbai

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
Fresher  (29 salaries)

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₹3.3 L/yr - ₹6 L/yr
1 year  (86 salaries)

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₹3.8 L/yr - ₹7 L/yr
2 years  (39 salaries)

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₹4 L/yr - ₹7 L/yr
3 years  (8 salaries)

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₹4.2 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7 L/yr
Morningstar Research Associate Salary and Career Growth

From

To

Research Associate

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0 - 4 years exp.

Associate Manager

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6 - 12 years exp.

Research Associate 0 - 4 years exp.
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Senior Research Associate 1 - 5 years exp.
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arrow icon 15% hike
Quality Assurance Specialist 2 - 6 years exp.
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arrow icon 17% hike

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Similar Designation salaries in Morningstar

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₹6.5 L/yr - ₹16.8 L/yr
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₹4.2 L/yr - ₹11 L/yr
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₹3.75 L/yr - ₹6.6 L/yr
Analyst Salary
(6 salaries)
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₹3.26 L/yr - ₹11.5 L/yr
Technical Lead Salary
(3 salaries)
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₹25 L/yr - ₹26.75 L/yr

Top skills at Morningstar for Research Associate

Data Research Research Secondary Research Research Analysis Data Collection Sustainability Sustainable Development Management Private Equity Investment Banking Venture Capital Excel Analytical Financial Analysis Web Technologies

Salary related reviews for Morningstar

3.1

Rated by 61 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.

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  • 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.

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  • 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.

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  • 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.

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Morningstar Research Associate Salary FAQs

What is the salary of Research Associate at Morningstar Navi Mumbai?
Research Associate salary at Morningstar in Navi Mumbai ranges between ₹3.3 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 28% more than the average Research Associate Salary in India. Salary estimates are based on 164 latest salaries received from various employees of Morningstar Navi Mumbai.
How does the salary of a Research Associate at Morningstar Navi Mumbai compare with the average salary range for this job?
The average salary of a Research Associate at Morningstar is 28% more than the average salary of a Research Associate in Navi Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Research Associate at Morningstar?
Data Research, Research, Secondary Research, Research Analysis and Data Collection are some of the popular skills required to work as a Research Associate at Morningstar Navi Mumbai.
Which similar companies are paying more than Morningstar to a Research Associate in Navi Mumbai?
  • Crisil Research Associate Salary - ₹8.8 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Research Associate in companies similar to Morningstar in Navi Mumbai?
  • Glenmark Pharmaceuticals Research Associate Salary - ₹2.3 Lakhs to ₹7.2 Lakhs per year
  • Alkem Laboratories Research Associate Salary - ₹1.8 Lakhs to ₹6.5 Lakhs per year
  • Macleods Pharmaceuticals Research Associate Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
  • Sitec Labs Research Associate Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Research Associate at Morningstar in Navi Mumbai?
The estimated take-home salary of a Research Associate at Morningstar ranges between ₹44,345 per month to ₹45,446 per month in Navi Mumbai. The take-home salary calculation is based on the average Morningstar Research Associate salary in India which ranges between ₹3.3 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Research Associate at Morningstar in Navi Mumbai?
According to AmbitionBox, 78% of the Morningstar Research Associates in Navi Mumbai 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 104 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Morningstar Research Associate salary in Navi Mumbai ranges between ₹3.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 164 Morningstar latest salaries received from various employees of Morningstar.