Morningstar Senior Data Engineer Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹24.5 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

Fixed (84%)

₹24.1 Lakhs

Variable (16%)

₹4.7 Lakhs

49% more than the average Senior Data Engineer Salary in Financial Services Companies for 6 - 8 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Data Engineer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.3 L/yr
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IT & Information Security Senior Data Engineer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹22.1 L/yr - ₹27 L/yr

Last Updated: 10 Mar 2025

Companies similar to Morningstar for Senior Data Engineer

Company name	Avg Annual Salary	Open Jobs
Mr Cooper Senior Data Engineer Salary 4 - 8 years exp. (11 salaries)	₹12 L/yr - ₹26 L/yr 37% less
Ameriprise Financial Senior Data Engineer Salary 3 - 7 years exp. (10 salaries)	₹11 L/yr - ₹35 L/yr 20% less
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Franklin Templeton Investments Senior Data Engineer Salary 5 - 9 years exp. (6 salaries)	₹14.2 L/yr - ₹35.6 L/yr 3% more
Fidelity International Senior Data Engineer Salary 6 - 9 years exp. (4 salaries)	₹16.5 L/yr - ₹25 L/yr 27% less
TIAA Global Business Services Senior Data Engineer Salary 8 - 12 years exp. (4 salaries)	₹20.5 L/yr - ₹29.9 L/yr 9% less
ANZ Operations & Technology Senior Data Engineer Salary 4 - 15 years exp. (4 salaries)	₹24 L/yr - ₹90 L/yr 60% more
Invesco Senior Data Engineer Salary 5 - 16 years exp. (4 salaries)	₹23 L/yr - ₹30 L/yr 10% less
Macquarie Group Senior Data Engineer Salary 4 - 10 years exp. (4 salaries)	₹20 L/yr - ₹33 L/yr 11% less
CSC Senior Data Engineer Salary 4 years exp. (3 salaries)	₹15.3 L/yr - ₹19.5 L/yr 41% less
Sun Life Financial Senior Data Engineer Salary 5 - 13 years exp. (3 salaries)	₹22 L/yr - ₹35 L/yr 6% less
ICE Data Services Senior Data Engineer Salary 7 - 13 years exp. (3 salaries)	₹24 L/yr - ₹28.4 L/yr 6% less
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Senior Data Engineer salary at Morningstar ranges between ₹24.5 Lakhs to ₹33 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Senior Data Engineer salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹28.2 L/yr
7 years (AmbitionBox Estimate)	₹25.9 L/yr - ₹33.1 L/yr
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8 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr

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Salary related reviews for Morningstar

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

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

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Morningstar Senior Data Engineer Salary FAQs

What is the salary of Senior Data Engineer at Morningstar ?

The average salary of a Senior Data Engineer at Morningstar in India typically ranges from ₹24.5 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior Data Engineer at Morningstar earn more than ₹33.0 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Senior Data 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 4 Morningstar employees in India.

What is the estimated take home salary of a Senior Data Engineer at Morningstar in India?

The estimated take-home salary of a Senior Data Engineer at Morningstar in India typically ranges from ₹1,78,404 to ₹1,85,334 per month. This is based on the average salary range of ₹24.5 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 4 salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Morningstar for Senior Data Engineer in India?

ANZ Operations & Technology	₹24.0 Lakhs to ₹90.0 Lakhs per year
Franklin Templeton Investments	₹14.2 Lakhs to ₹35.6 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 Engineer in companies similar to Morningstar in India?

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

Sun Life Financial	₹22.0 Lakhs to ₹35.0 Lakhs per year
ICE Data Services	₹24.0 Lakhs to ₹28.4 Lakhs per year
TIAA Global Business Services	₹20.5 Lakhs to ₹29.9 Lakhs per year
Invesco	₹23.0 Lakhs to ₹30.0 Lakhs per year
Macquarie Group	₹20.0 Lakhs to ₹33.0 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 Engineer at Morningstar in India?

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

Experience	Average Salary Range
6 years	₹22.1 Lakhs to ₹28.2 Lakhs per year
7 years	₹25.9 Lakhs to ₹33.1 Lakhs per year
8 years	₹29.7 Lakhs to ₹37.9 Lakhs per year

and so on.

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Morningstar Senior Data Engineer Salaries

Morningstar Senior Data Engineer salary in India ranges between ₹24.5 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Morningstar latest salaries received from various employees of Morningstar.