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Morningstar Senior Research Associate salaries in Mumbai

Annual salary range
1 - 5 years exp.
₹3.9 Lakhs - ₹9.8 Lakhs
Salary of majority employees
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8% less than the average Senior Research Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Senior Research Associate Salary
1 - 5 years exp. (82 salaries)
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₹3.9 L/yr - ₹7.4 L/yr

BFSI, Investments & Trading
Senior Research Associate Salary
1 - 5 years exp. (40 salaries)
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₹4 L/yr - ₹9.6 L/yr

Research & Development
Senior Research Associate Salary
2 - 5 years exp. (14 salaries)
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₹6 L/yr - ₹9.8 L/yr

Data Science & Analytics
Senior Research Associate Salary
1 - 4 years exp. (13 salaries)
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₹5 L/yr - ₹9.1 L/yr

Consulting
Senior Research Associate Salary
2 - 5 years exp. (4 salaries)
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₹7 L/yr - ₹9 L/yr

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Last Updated: 5 Jan 2025

Companies similar to Morningstar for Senior Research Associate in Mumbai

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Morningstar Senior Research Associate Salary

1 - 5 years exp. (198 salaries)

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₹3.9 L/yr - ₹9.8 L/yr

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

4 - 10 years exp. (4 salaries)

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₹8 L/yr - ₹18 L/yr

arrow icon 89% more
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S&P Global Senior Research Associate Salary

4 - 10 years exp. (5 salaries)

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₹9.2 L/yr - ₹10.2 L/yr

arrow icon 39% more
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₹5.2 L/yr - ₹9.5 L/yr

arrow icon 9% more
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₹3 L/yr - ₹8.9 L/yr

arrow icon 11% less
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Ajanta Pharma Senior Research Associate Salary

6 - 11 years exp. (182 salaries)

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₹4 L/yr - ₹7.9 L/yr

arrow icon 7% less
Senior Research Associate salary at Morningstar ranges between ₹3.9 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 198 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Senior Research Associate in Mumbai

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Experience wise Morningstar Senior Research Associate salaries in Mumbai

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
1 year  (28 salaries)

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₹4 L/yr - ₹6.7 L/yr
2 years  (97 salaries)

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₹4 L/yr - ₹9 L/yr
3 years  (44 salaries)

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₹3.9 L/yr - ₹9.8 L/yr
4 years  (21 salaries)

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₹4.5 L/yr - ₹9.6 L/yr
5 years  (8 salaries)

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₹6 L/yr - ₹9 L/yr
Morningstar Senior Research Associate Salary and Career Growth

From

To

Senior Research Associate

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1 - 5 years exp.

Associate Manager

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6 - 12 years exp.

Senior Research Associate 1 - 5 years exp.
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Quality Assurance Specialist 2 - 6 years exp.
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arrow icon 18% hike
Associate - Team Lead 1 - 10 years exp.
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arrow icon 30% hike

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Similar Designation salaries in Morningstar

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₹3 L/yr - ₹8.2 L/yr
Software Engineer Salary
(162 salaries)
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₹6 L/yr - ₹17.35 L/yr
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₹10 L/yr - ₹28.12 L/yr
Research Analyst Salary
(112 salaries)
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₹2.7 L/yr - ₹8.9 L/yr
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₹7 L/yr - ₹14.9 L/yr
Technical Lead Salary
(5 salaries)
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₹22 L/yr - ₹29.5 L/yr

Top skills at Morningstar for Senior Research Associate

Research Secondary Research Sustainability Sustainable Development Analytical Climate Change Research Analysis Investment Banking Operations Continuous Improvement microsoft SCR Management MS Office Suite Project Management

Salary related reviews for Morningstar

3.1

Rated by 10 employees for salary & benefits

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

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.

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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.

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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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Full Time

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Product Management Department

3.0
  •  posted on 23 Jul 2024

1.0
 for  Salary and Benefits

Likes

1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

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Dislikes

1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

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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

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

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Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 06 Feb 2024

2.0
 for  Salary and Benefits

Likes

Great company culture, high job security, not too much workload, good work life balance, currently some business units have hybrid work mode which is good for flexibility and work life balance,

read more

Dislikes

... which reduces flexibility. Promotions/appraisal opportunities are few and slow. Pay is average.

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Morningstar Senior Research Associate Salary FAQs

What is the salary of Senior Research Associate at Morningstar Mumbai?
Senior Research Associate salary at Morningstar in Mumbai ranges between ₹3.9 Lakhs to ₹9.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 8% less than the average Senior Research Associate Salary in India. Salary estimates are based on 198 latest salaries received from various employees of Morningstar Mumbai.
How does the salary of a Senior Research Associate at Morningstar Mumbai compare with the average salary range for this job?
The average salary of a Senior Research Associate at Morningstar is 8% less than the average salary of a Senior Research Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Research Associate at Morningstar?
Research, Secondary Research, Sustainability, Sustainable Development and Analytical are some of the popular skills required to work as a Senior Research Associate at Morningstar Mumbai.
Which similar companies are paying more than Morningstar to a Senior Research Associate in Mumbai?
  • Crisil Senior Research Associate Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
  • S&P Global Senior Research Associate Salary - ₹9.2 Lakhs to ₹10.2 Lakhs per year
  • India Ratings & Research Senior Research Associate Salary - ₹5.2 Lakhs to ₹9.5 Lakhs per year
What is the salary of a Senior Research Associate in companies similar to Morningstar in Mumbai?
  • Ajanta Pharma Senior Research Associate Salary - ₹4.0 Lakhs to ₹7.9 Lakhs per year
  • Macleods Pharmaceuticals Senior Research Associate Salary - ₹3.0 Lakhs to ₹8.9 Lakhs per year
What is the estimated take home salary of a Senior Research Associate at Morningstar in Mumbai?
The estimated take-home salary of a Senior Research Associate at Morningstar ranges between ₹50,720 per month to ₹51,917 per month in Mumbai. The take-home salary calculation is based on the average Morningstar Senior Research Associate salary in India which ranges between ₹3.9 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Senior Research Associate at Morningstar in Mumbai?
According to AmbitionBox, 82% of the Morningstar Senior Research Associates in Mumbai reported a notice period of 2 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 136 responses on AmbitionBox in last 2 years.

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Morningstar Senior Research Associate salary in Mumbai ranges between ₹3.9 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 198 Morningstar latest salaries received from various employees of Morningstar.