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Morningstar Software Engineer salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹6.6 Lakhs - ₹17 Lakhs
Salary of majority employees
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Fixed (88%)
₹10.2 Lakhs
Variable (12%)
₹1.4 Lakh
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52% more than the average Software Engineer Salary in Financial Services Companies for 1 - 6 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
1 - 6 years exp. (150 salaries)
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₹6.6 L/yr - ₹17 L/yr

BFSI, Investments & Trading
Software Engineer Salary
2 - 5 years exp. (4 salaries)
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₹11.3 L/yr - ₹14.1 L/yr

Data Science & Analytics
Software Engineer Salary
2 - 5 years exp. (4 salaries)
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₹10 L/yr - ₹14 L/yr

Last Updated: 19 Feb 2025

Companies similar to Morningstar for Software Engineer in Mumbai

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Morningstar Software Engineer Salary

1 - 6 years exp. (166 salaries)

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₹6.6 L/yr - ₹17 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Software Engineer Salary

0 - 7 years exp. (852 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 45% less
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Wipro Software Engineer Salary

0 - 8 years exp. (423 salaries)

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₹1.8 L/yr - ₹15.4 L/yr

arrow icon 31% less
8 job openings
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Crisil Software Engineer Salary

1 - 5 years exp. (144 salaries)

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₹4.6 L/yr - ₹15.7 L/yr

arrow icon 19% less
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Kotak Securities Software Engineer Salary

2 - 7 years exp. (8 salaries)

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₹3.6 L/yr - ₹12 L/yr

arrow icon 42% less
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₹8 L/yr - ₹16.7 L/yr

arrow icon 19% more
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₹11 L/yr - ₹24 L/yr

arrow icon 29% more
Software Engineer salary at Morningstar ranges between ₹6.6 Lakhs to ₹17 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 166 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Software Engineer in Mumbai

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Experience wise Morningstar Software Engineer salaries in Mumbai

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹8.9 L/yr - ₹11.5 L/yr
2 years  (41 salaries)

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₹6.6 L/yr - ₹15 L/yr
3 years  (47 salaries)

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₹7 L/yr - ₹16.1 L/yr
4 years  (36 salaries)

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₹8.5 L/yr - ₹17 L/yr
5 years  (28 salaries)

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₹8.5 L/yr - ₹17 L/yr
View all
Morningstar Software Engineer Salary and Career Growth

From

To

Software Engineer

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1 - 6 years exp.

Lead Software Engineer

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6 - 12 years exp.

Software Engineer 1 - 6 years exp.
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Senior Software Engineer 4 - 10 years exp.
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arrow icon 81% hike
    Lead Software Engineer 6 - 12 years exp.
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    arrow icon 19% hike
    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

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    ₹9.04 L/yr - ₹28.12 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 - ₹14.9 L/yr
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    ₹4 L/yr - ₹9.32 L/yr

    Top skills at Morningstar for Software Engineer

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

    Salary related reviews for Morningstar

    3.5

    Rated by 10 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.

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    • 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.

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    • Salary - Bad
    • +3 more

    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.

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    • 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.

    read more
    • Skill development - Bad
    • +1 more
    see more salary related reviews

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    Morningstar Software Engineer Salary FAQs

    What is the salary of Software Engineer at Morningstar Mumbai?
    Software Engineer salary at Morningstar in Mumbai ranges between ₹6.6 Lakhs to ₹17.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 52% more than the average Software Engineer Salary in India. Salary estimates are based on 166 latest salaries received from various employees of Morningstar Mumbai.
    How does the salary of a Software Engineer at Morningstar Mumbai compare with the average salary range for this job?
    The average salary of a Software Engineer at Morningstar is 52% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.
    What are the top skills required to work as a Software Engineer at Morningstar?
    Agile, Python, Coding, Scrum and Javascript are some of the popular skills required to work as a Software Engineer at Morningstar Mumbai.
    Which similar companies are paying more than Morningstar to a Software Engineer in Mumbai?
    • TIAA Global Business Services Software Engineer Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
    • TSYS|Total System Services Software Engineer Salary - ₹8.0 Lakhs to ₹16.7 Lakhs per year
    What is the salary of a Software Engineer in companies similar to Morningstar in Mumbai?
    • Crisil Software Engineer Salary - ₹4.6 Lakhs to ₹15.7 Lakhs per year
    • Wipro Software Engineer Salary - ₹1.8 Lakhs to ₹15.4 Lakhs per year
    • Kotak Securities Software Engineer Salary - ₹3.6 Lakhs to ₹12.0 Lakhs per year
    • TCS Software Engineer Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
    What is the estimated take home salary of a Software Engineer at Morningstar in Mumbai?
    The estimated take-home salary of a Software Engineer at Morningstar ranges between ₹82,554 per month to ₹84,709 per month in Mumbai. The take-home salary calculation is based on the average Morningstar Software Engineer salary in India which ranges between ₹6.6 Lakhs to ₹17.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
    What is the notice period for Software Engineer at Morningstar in Mumbai?
    According to AmbitionBox, 75% of the Morningstar Software Engineers in Mumbai reported a notice period of 2 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 100 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Morningstar Software Engineer salary in Mumbai ranges between ₹6.6 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 166 Morningstar latest salaries received from various employees of Morningstar.