Morningstar Mumbai Senior Data Analyst Salaries by 50+ Employees (Updated 2025)

2 - 6 years exp.

₹4 Lakhs - ₹8.5 Lakhs

Salary of majority employees

30% less than the average Senior Data Analyst Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Senior Data Analyst Salary 2 - 6 years exp. (37 salaries)	₹4 L/yr - ₹8.1 L/yr
Data Science & Analytics Senior Data Analyst Salary 2 - 6 years exp. (11 salaries)	₹4.7 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Senior Data Analyst Salary 3 - 4 years exp. (4 salaries)	₹4.8 L/yr - ₹7.9 L/yr
Customer Success, Service & Operations Senior Data Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr

Last Updated: 10 Mar 2025

Companies similar to Morningstar for Senior Data Analyst in Mumbai

Morningstar Senior Data Analyst Salary

2 - 6 years exp. (59 salaries)

₹4 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Travelex Senior Data Analyst Salary 7 - 11 years exp. (3 salaries)	₹8 L/yr - ₹12.7 L/yr 61% more
Capgemini Senior Data Analyst Salary 1 - 5 years exp. (57 salaries)	₹2.6 L/yr - ₹8 L/yr 29% less
Login to view exact salary
eClerx Senior Data Analyst Salary 1 - 6 years exp. (54 salaries)	₹2.8 L/yr - ₹10.6 L/yr 19% less
Accenture Senior Data Analyst Salary 3 - 10 years exp. (48 salaries)	₹4.7 L/yr - ₹19 L/yr 65% more
TCS Senior Data Analyst Salary 2 - 9 years exp. (40 salaries)	₹2.5 L/yr - ₹9.8 L/yr 8% less

Senior Data Analyst salary at Morningstar ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 59 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Senior Data Analyst salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
2 years (16 salaries)	₹5 L/yr - ₹8.1 L/yr
3 years (15 salaries)	₹4.7 L/yr - ₹8 L/yr
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4 years (13 salaries)	₹4.8 L/yr - ₹7.9 L/yr
5 years (7 salaries)	₹4 L/yr - ₹8.5 L/yr
6 years (8 salaries)	₹4.5 L/yr - ₹12.3 L/yr

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Research Analyst Salary

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₹2.7 L/yr - ₹7 L/yr

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Senior Analyst Salary

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Business Analyst Salary

(17 salaries)

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Senior Data Scientist Salary

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Senior Business Analyst Salary

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₹19 L/yr - ₹30 L/yr

Associate Analyst Salary

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Senior Data Engineer Salary

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₹24.5 L/yr - ₹33 L/yr

Top skills at Morningstar for Senior Data Analyst

Administration Operations Data Analysis Credit Rating Structured Finance Customer Service Salesforce Finance Interpersonal Skills Publishing Automation SQL Queries Monitoring Continuous Improvement Corporate Actions

Salary related reviews for Morningstar

2.0

Rated by 1 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.

Data Analyst in Navi Mumbai

Full Time

Data Science & Analytics Department

1.0

• posted on 21 Jul 2023

4.0

for Salary and Benefits

Likes

Salary,infrastructure,

Salary - Good

Dislikes

Lots of politics, Favouritism,micro managing,poor leads no growth at all will never recommend any one to join this company, my humble request not to join this pathetic company or else you will regret

Skill development - Bad

+5 more

Senior Analyst in Navi Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 04 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing is good about company

Dislikes

...motion activity is very slow and lot of politics. Lack of appreciation for work. Company does not pay well

Salary - Bad

+6 more

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

see more salary related reviews

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Morningstar Senior Data Analyst Salary FAQs

What is the salary of Senior Data Analyst at Morningstar in Mumbai?

The average salary of a Senior Data Analyst at Morningstar in Mumbai typically ranges from ₹4.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Data Analyst in Mumbai at Morningstar earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Senior Data Analyst 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 50+ Morningstar employees in India.

What is the estimated take home salary of a Senior Data Analyst at Morningstar in Mumbai?

The estimated take-home salary of a Senior Data Analyst at Morningstar in Mumbai typically ranges from ₹52,993 to ₹54,240 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 50+ 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 Senior Data Analyst at Morningstar in Mumbai?

To be a Senior Data Analyst at Morningstar in Mumbai, the key skills required include:

- Administration
- Operations
- Data Analysis
- Credit Rating
- Structured Finance

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 Senior Data Analyst in India?

Accenture	₹4.7 Lakhs to ₹19.0 Lakhs per year
Travelex	₹8.0 Lakhs to ₹12.7 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 Senior Data Analyst in companies similar to Morningstar in Mumbai?

The salary of a Senior Data Analyst at companies similar to Morningstar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹2.5 Lakhs to ₹9.8 Lakhs per year
eClerx	₹2.8 Lakhs to ₹10.6 Lakhs per year
Capgemini	₹2.6 Lakhs to ₹8.0 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 Senior Data Analyst at Morningstar in Mumbai?

The salary growth for a Senior Data Analyst at Morningstar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Data Analyst in Mumbai can expect the following growth trajectory at Morningstar:

Experience	Average Salary Range
2 years	₹5.0 Lakhs to ₹8.1 Lakhs per year
3 years	₹4.7 Lakhs to ₹8.0 Lakhs per year
4 years	₹4.8 Lakhs to ₹7.9 Lakhs per year
5 years	₹4.0 Lakhs to ₹8.5 Lakhs per year

and so on.

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Morningstar Senior Data Analyst Salaries in Mumbai

Morningstar Senior Data Analyst salary in Mumbai ranges between ₹4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 Morningstar latest salaries received from various employees of Morningstar.