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Morningstar Senior Software Engineer salaries in Mumbai (Updated 2025)

Annual salary range
4 - 10 years exp.
₹9.1 Lakhs - ₹27 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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43% more than the average Senior Software Engineer Salary in Financial Services Companies for 4 - 10 years of experience

Interested in this particular role? 12 job openings

Last Updated: 6 Apr 2025

Companies similar to Morningstar for Senior Software Engineer in Mumbai

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Morningstar Senior Software Engineer Salary

4 - 10 years exp. (181 salaries)

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₹9.1 L/yr - ₹27 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹11.5 L/yr - ₹30 L/yr

arrow icon 22% more
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Travelex Senior Software Engineer Salary

6 - 12 years exp. (13 salaries)

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₹9 L/yr - ₹15.5 L/yr

arrow icon 42% less
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₹13 L/yr - ₹24.1 L/yr

arrow icon 14% more
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CSC Senior Software Engineer Salary

3 - 7 years exp. (9 salaries)

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₹6 L/yr - ₹11.5 L/yr

arrow icon 47% less
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₹9.6 L/yr - ₹35.3 L/yr

arrow icon 4% less
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Sharekhan Senior Software Engineer Salary

9 - 11 years exp. (3 salaries)

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₹10.4 L/yr - ₹19 L/yr

arrow icon 30% less
Senior Software Engineer salary at Morningstar ranges between ₹9.1 Lakhs to ₹27 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 181 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Senior Software Engineer in Mumbai

3d ago
₹17.3 Lakhs
5 years exp.
6d ago
₹22 Lakhs
8 years exp.
3w ago
₹24 Lakhs
8 years exp.
1mo ago
₹17.9 Lakhs
8 years exp.
1mo ago
₹18 Lakhs
4 years exp.
1mo ago
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10 years exp.
2mo ago
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6 years exp.
2mo ago
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8 years exp.
2mo ago
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5 years exp.
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7 years exp.

Experience wise Morningstar Senior Software Engineer salaries in Mumbai

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
4 years  (14 salaries)

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₹8.5 L/yr - ₹19.5 L/yr
5 years  (36 salaries)

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₹10.3 L/yr - ₹24.6 L/yr
6 years  (40 salaries)

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₹9 L/yr - ₹24.5 L/yr
7 years  (42 salaries)

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₹8.8 L/yr - ₹27 L/yr
8 years  (31 salaries)

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₹12 L/yr - ₹26 L/yr
View all
Morningstar Senior Software Engineer Salary and Career Growth

From

To

Senior Software Engineer

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4 - 10 years exp.

Lead Software Engineer

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6 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Morningstar

Software Engineer Salary
(179 salaries)
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₹6.6 L/yr - ₹18 L/yr
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₹17 L/yr - ₹30.5 L/yr
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₹6 L/yr - ₹10.25 L/yr
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₹7 L/yr - ₹24 L/yr
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₹10 L/yr - ₹24.61 L/yr

Top skills at Morningstar for Senior Software Engineer

Agile Coding Python Javascript Scrum SQL Open Source MS SQL Computer science MySQL Automation MVC Data Structures Front End Linux

Salary related reviews for Morningstar

3.9

Rated by 6 employees for salary & benefits

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

read more
  • Salary - Bad
  • +4 more

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)

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Can improve in terms of being a better pay-master.

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.

read more
  • 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.

read more
  • Salary - Poor
see more salary related reviews

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Morningstar Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Morningstar in Mumbai?
The average salary of a Senior Software Engineer at Morningstar in Mumbai typically ranges from ₹9.1 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Senior Software Engineer in Mumbai at Morningstar earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹26.7 Lakhs per year. Senior Software 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 100+ Morningstar employees in India.
What is the estimated take home salary of a Senior Software Engineer at Morningstar in Mumbai?
The estimated take-home salary of a Senior Software Engineer at Morningstar in Mumbai typically ranges from ₹1,36,786 to ₹1,41,834 per month. This is based on the average salary range of ₹9.1 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 100+ 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 Software Engineer at Morningstar in Mumbai?
To be a Senior Software Engineer at Morningstar in Mumbai, the key skills required include:

  • - Agile
  • - Coding
  • - Python
  • - Javascript
  • - Scrum

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 Software Engineer in India?
TIAA Global Business Services ₹11.5 Lakhs to ₹30.0 Lakhs per year
TSYS|Total System Services ₹13.0 Lakhs to ₹24.1 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 Software Engineer in companies similar to Morningstar in Mumbai?
The salary of a Senior Software Engineer at companies similar to Morningstar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities ₹9.6 Lakhs to ₹35.3 Lakhs per year
Sharekhan ₹10.4 Lakhs to ₹19.0 Lakhs per year
Travelex ₹9.0 Lakhs to ₹15.5 Lakhs per year
CSC ₹6.0 Lakhs to ₹11.5 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 Software Engineer at Morningstar in Mumbai?
The salary growth for a Senior Software Engineer at Morningstar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer in Mumbai can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
4 years ₹8.5 Lakhs to ₹19.5 Lakhs per year
5 years ₹10.3 Lakhs to ₹24.6 Lakhs per year
6 years ₹9.0 Lakhs to ₹24.5 Lakhs per year
7 years ₹8.8 Lakhs to ₹27.0 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Senior Software Engineer salary in Mumbai ranges between ₹9.1 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 181 Morningstar latest salaries received from various employees of Morningstar.