Morningstar Senior Research Analyst Salaries by 100+ Employees (Updated 2025)

2 - 7 years exp.

₹3.6 Lakhs - ₹10 Lakhs

Salary of majority employees

13% less than the average Senior Research Analyst Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Senior Research Analyst Salary 2 - 7 years exp. (47 salaries)	₹3.6 L/yr - ₹8 L/yr
BFSI, Investments & Trading Senior Research Analyst Salary 2 - 7 years exp. (21 salaries)	₹4 L/yr - ₹7.5 L/yr
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Data Science & Analytics Senior Research Analyst Salary 2 - 7 years exp. (6 salaries)	₹5.2 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Senior Research Analyst Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.4 L/yr
Project & Program Management Senior Research Analyst Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.1 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Morningstar for Senior Research Analyst

Company name	Avg Annual Salary	Open Jobs
Crisil Senior Research Analyst Salary 2 - 10 years exp. (799 salaries)	₹7.3 L/yr - ₹22 L/yr 115% more	33 job openings
ICRA Senior Research Analyst Salary 4 - 7 years exp. (4 salaries)	₹4.1 L/yr - ₹6 L/yr 28% less
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Brickwork Ratings Senior Research Analyst Salary 7 - 11 years exp. (4 salaries)	₹9 L/yr - ₹10 L/yr 38% more
Acuité Ratings & Research Senior Research Analyst Salary 4 - 6 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr 45% more
Acuity Knowledge Partners Senior Research Analyst Salary 3 - 8 years exp. (13 salaries)	₹6.6 L/yr - ₹19 L/yr 69% more
S&P Global Senior Research Analyst Salary 4 - 10 years exp. (168 salaries)	₹6 L/yr - ₹22.6 L/yr 105% more
FactSet Senior Research Analyst Salary 2 - 8 years exp. (753 salaries)	₹2.9 L/yr - ₹9 L/yr 20% less
Franklin Templeton Investments Senior Research Analyst Salary 12 - 15 years exp. (9 salaries)	₹40 L/yr - ₹93 L/yr 864% more
Axis Direct Senior Research Analyst Salary 8 - 11 years exp. (5 salaries)	₹15 L/yr - ₹27 L/yr 172% more
Sharekhan Senior Research Analyst Salary 8 - 16 years exp. (4 salaries)	₹14 L/yr - ₹30 L/yr 238% more
Ocwen Financial Solutions Senior Research Analyst Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7 L/yr 23% less
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Senior Research Analyst salary at Morningstar ranges between ₹3.6 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 106 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Senior Research Analyst salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
2 years (22 salaries)	₹4 L/yr - ₹8 L/yr
3 years (29 salaries)	₹4 L/yr - ₹10 L/yr
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4 years (17 salaries)	₹3.6 L/yr - ₹8 L/yr
5 years (16 salaries)	₹3.8 L/yr - ₹7 L/yr
6 years (10 salaries)	₹5.3 L/yr - ₹7.5 L/yr
7 years (12 salaries)	₹4 L/yr - ₹7.5 L/yr

View all

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Salary related reviews for Morningstar

3.0

Rated by 20 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.

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Morningstar Senior Research Analyst Salary FAQs

What is the salary of Senior Research Analyst at Morningstar?

Senior Research Analyst salary at Morningstar in India ranges between ₹3.6 Lakhs to ₹10.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 13% less than the average Senior Research Analyst Salary in India. Salary estimates are based on 106 latest salaries received from various employees of Morningstar India.

How does the salary of a Senior Research Analyst at Morningstar India compare with the average salary range for this job?

The average salary of a Senior Research Analyst at Morningstar is 13% less than the average salary of a Senior Research Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than Morningstar to a Senior Research Analyst in India?

Franklin Templeton Investments Senior Research Analyst Salary - ₹40.0 Lakhs to ₹93.0 Lakhs per year
Sharekhan Senior Research Analyst Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Axis Direct Senior Research Analyst Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Crisil Senior Research Analyst Salary - ₹7.3 Lakhs to ₹22.0 Lakhs per year
S&P Global Senior Research Analyst Salary - ₹6.0 Lakhs to ₹22.6 Lakhs per year

What is the salary of a Senior Research Analyst in companies similar to Morningstar in India?

Acuity Knowledge Partners Senior Research Analyst Salary - ₹6.6 Lakhs to ₹19.0 Lakhs per year
Acuité Ratings & Research Senior Research Analyst Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
Brickwork Ratings Senior Research Analyst Salary - ₹9.0 Lakhs to ₹10.0 Lakhs per year
FactSet Senior Research Analyst Salary - ₹2.9 Lakhs to ₹9.0 Lakhs per year
Ocwen Financial Solutions Senior Research Analyst Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Senior Research Analyst at Morningstar in India?

The estimated take-home salary of a Senior Research Analyst at Morningstar ranges between ₹52,725 per month to ₹53,967 per month in India. The take-home salary calculation is based on the average Morningstar Senior Research Analyst salary in India which ranges between ₹3.6 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Research Analyst at Morningstar?

According to AmbitionBox, 57% of the Morningstar Senior Research Analysts reported a notice period of 2 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

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Morningstar Senior Research Analyst Salaries

Morningstar Senior Research Analyst salary in India ranges between ₹3.6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 106 Morningstar latest salaries received from various employees of Morningstar.