Morningstar Senior Software Developer Salaries by 10+ Employees (Updated 2025)

6 - 11 years exp.

₹10 Lakhs - ₹24.6 Lakhs

Salary of majority employees

36% more than the average Senior Software Developer Salary in Financial Services Companies for 6 - 11 years of experience

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Last Updated: 7 Oct 2024

Companies similar to Morningstar for Senior Software Developer

Company name	Avg Annual Salary	Open Jobs
Crisil Senior Software Developer Salary 2 - 7 years exp. (17 salaries)	₹7 L/yr - ₹23 L/yr 30% less
Acuité Ratings & Research Senior Software Developer Salary 6 - 7 years exp. (3 salaries)	₹7.5 L/yr - ₹8.7 L/yr 57% less
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Acuity Knowledge Partners Senior Software Developer Salary 6 - 7 years exp. (4 salaries)	₹8.3 L/yr - ₹17 L/yr 34% less
S&P Global Senior Software Developer Salary 5 - 11 years exp. (185 salaries)	₹11.6 L/yr - ₹35 L/yr 29% more	1 job opening
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TSYS\|Total System Services Senior Software Developer Salary 5 - 10 years exp. (66 salaries)	₹11.6 L/yr - ₹23 L/yr 3% less
Ameriprise Financial Senior Software Developer Salary 4 - 8 years exp. (16 salaries)	₹12 L/yr - ₹31 L/yr 27% more
Ocwen Financial Solutions Senior Software Developer Salary 6 - 10 years exp. (12 salaries)	₹14 L/yr - ₹19.4 L/yr 17% less
FactSet Senior Software Developer Salary 4 - 8 years exp. (9 salaries)	₹16.5 L/yr - ₹28 L/yr 29% more
Sun Life Financial Senior Software Developer Salary 4 - 10 years exp. (7 salaries)	₹9 L/yr - ₹21 L/yr 23% less
Fidelity Investments Senior Software Developer Salary 6 - 9 years exp. (6 salaries)	₹9.5 L/yr - ₹23 L/yr 33% less
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Sharekhan Senior Software Developer Salary 4 - 11 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 40% less
Fidelity International Senior Software Developer Salary 3 - 8 years exp. (5 salaries)	₹12.7 L/yr - ₹27 L/yr 3% less
Synchrony Senior Software Developer Salary 3 - 11 years exp. (5 salaries)	₹9 L/yr - ₹41.7 L/yr 28% more
Mr Cooper Senior Software Developer Salary 5 - 7 years exp. (5 salaries)	₹9.3 L/yr - ₹15.6 L/yr 31% less
Kotak Securities Senior Software Developer Salary 3 - 7 years exp. (4 salaries)	₹15 L/yr - ₹16 L/yr 19% less
Franklin Templeton Investments Senior Software Developer Salary 2 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹11 L/yr 55% less
CSC Global Senior Software Developer Salary 6 - 14 years exp. (4 salaries)	₹13 L/yr - ₹13.9 L/yr 30% less
Invesco Senior Software Developer Salary 4 - 7 years exp. (4 salaries)	₹13 L/yr - ₹28 L/yr 6% more
Axis Direct Senior Software Developer Salary 5 - 7 years exp. (3 salaries)	₹5.6 L/yr - ₹8.5 L/yr 66% less

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Senior Software Developer salary at Morningstar ranges between ₹10 Lakhs to ₹24.6 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Senior Software Developer salaries

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
6 years (4 salaries)	₹10 L/yr - ₹21 L/yr
7 years (3 salaries)	₹17 L/yr - ₹21 L/yr
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8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹22 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹24.6 L/yr
10 years (AmbitionBox Estimate)	₹18 L/yr - ₹36.3 L/yr
11 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹37.3 L/yr

View all

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Top skills at Morningstar for Senior Software Developer

Coding Javascript Management Agile Methodology Product Management GIT Linux Investment Banking Software Solutions Research SQL Computer science Power Bi Instrumentation Azure

Salary related reviews for Morningstar

1.0

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 Research Analyst in Mumbai

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.

Salary - Good

+3 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.

Skill development - Bad

+1 more

Senior Data Research Analyst in Mumbai

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.

Salary - Excellent

+6 more

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.

Associate Business Analyst in Mumbai

Full Time

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.

Skill development - Good

+3 more

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.

Salary - Bad

+1 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Morningstar Senior Software Developer Salary FAQs

What is the salary of Senior Software Developer at Morningstar?

Senior Software Developer salary at Morningstar in India ranges between ₹10.0 Lakhs to ₹24.6 Lakhs for experience between 6 years to 11 years. According to our estimates it is 36% more than the average Senior Software Developer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Morningstar India.

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

The average salary of a Senior Software Developer at Morningstar is 36% more than the average salary of a Senior Software Developer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Software Developer at Morningstar?

Coding, Javascript, Management, Agile Methodology and Product Management are some of the popular skills required to work as a Senior Software Developer at Morningstar India.

Which similar companies are paying more than Morningstar to a Senior Software Developer in India?

Macquarie Group Senior Software Developer Salary - ₹19.2 Lakhs to ₹40.0 Lakhs per year
FactSet Senior Software Developer Salary - ₹16.5 Lakhs to ₹28.0 Lakhs per year
S&P Global Senior Software Developer Salary - ₹11.6 Lakhs to ₹35.0 Lakhs per year
Synchrony Senior Software Developer Salary - ₹9.0 Lakhs to ₹41.7 Lakhs per year
Ameriprise Financial Senior Software Developer Salary - ₹12.0 Lakhs to ₹31.0 Lakhs per year

What is the salary of a Senior Software Developer in companies similar to Morningstar in India?

Invesco Senior Software Developer Salary - ₹13.0 Lakhs to ₹28.0 Lakhs per year
TIAA Global Business Services Senior Software Developer Salary - ₹8.5 Lakhs to ₹28.0 Lakhs per year
TSYS|Total System Services Senior Software Developer Salary - ₹11.6 Lakhs to ₹23.0 Lakhs per year
Fidelity International Senior Software Developer Salary - ₹12.7 Lakhs to ₹27.0 Lakhs per year
Ocwen Financial Solutions Senior Software Developer Salary - ₹14.0 Lakhs to ₹19.4 Lakhs per year

What is the estimated take home salary of a Senior Software Developer at Morningstar in India?

The estimated take-home salary of a Senior Software Developer at Morningstar ranges between ₹1,28,071 per month to ₹1,32,402 per month in India. The take-home salary calculation is based on the average Morningstar Senior Software Developer salary in India which ranges between ₹10.0 Lakhs to ₹24.6 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Software Developer at Morningstar?

According to AmbitionBox, 50% of the Morningstar Senior Software Developers reported a notice period of 2 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Morningstar Senior Software Developer Salaries

Morningstar Senior Software Developer salary in India ranges between ₹10 Lakhs to ₹24.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Morningstar latest salaries received from various employees of Morningstar.