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Morningstar

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3.9

based on 1.1k Reviews

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Morningstar Software Engineer salaries in Pune (Updated 2025)

Annual salary range
2 - 5 years exp.
₹6.7 Lakhs - ₹18 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
₹unlock blur Lakh

Monthly In-hand Salary

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49% more than the average Software Engineer Salary in Financial Services Companies for 2 - 5 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
2 - 5 years exp. (26 salaries)
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₹6.7 L/yr - ₹18 L/yr

Data Science & Analytics
Software Engineer Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹10.3 L/yr - ₹13.8 L/yr

BFSI, Investments & Trading
Software Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹13.7 L/yr

Last Updated: 6 Apr 2025

Companies similar to Morningstar for Software Engineer in Pune

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Morningstar Software Engineer Salary

2 - 5 years exp. (30 salaries)
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₹6.7 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TSYS|Total System Services Software Engineer Salary

2 - 7 years exp. (116 salaries)
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₹7.3 L/yr - ₹21.5 L/yr

arrow icon 8% more
Logo
TIAA Global Business Services Software Engineer Salary

0 - 8 years exp. (24 salaries)
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₹7.5 L/yr - ₹25 L/yr

arrow icon 13% more
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Tech Mahindra Software Engineer Salary

0 - 7 years exp. (4.2k salaries)
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₹2.1 L/yr - ₹10 L/yr

arrow icon 54% less
 11 job openings
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Capgemini Software Engineer Salary

0 - 9 years exp. (3.1k salaries)
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₹2 L/yr - ₹11 L/yr

arrow icon 51% less
 112 job openings
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Cybage Software Engineer Salary

0 - 6 years exp. (2.7k salaries)
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₹2.7 L/yr - ₹12.8 L/yr

arrow icon 37% less
Software Engineer salary at Morningstar ranges between ₹6.7 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 30 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Software Engineer in Pune

1d ago
₹12 Lakhs
4 years exp.
4d ago
₹12 Lakhs
5 years exp.
2w ago
₹13 Lakhs
3 years exp.
2w ago
₹12 Lakhs
4 years exp.
2w ago
₹14.7 Lakhs
4 years exp.
3mo ago
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2 years exp.
3mo ago
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3 years exp.
4mo ago
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4 years exp.
4mo ago
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3 years exp.
5mo ago
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3 years exp.

Experience wise Morningstar Software Engineer salaries in Pune

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
2 years  (10 salaries)

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₹6.7 L/yr - ₹11.5 L/yr
3 years  (10 salaries)

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₹8.2 L/yr - ₹18 L/yr
4 years  (7 salaries)

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₹10.8 L/yr - ₹14.7 L/yr
5 years  (3 salaries)

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₹12 L/yr - ₹17 L/yr
Morningstar Software Engineer Salary and Career Growth

From

To

Software Engineer

₹unlock blur Lakhs/yr

2 - 5 years exp.

Lead Software Engineer

₹unlock blur Lakhs/yr

6 - 11 years exp.

Software Engineer 2 - 5 years exp.
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Senior Software Engineer 4 - 10 years exp.
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arrow icon 70% hike
    Lead Software Engineer 6 - 11 years exp.
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    arrow icon 18% 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

    Senior Software Engineer Salary
    (11 salaries)
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    ₹10.69 L/yr - ₹23 L/yr
    Associate Software Engineer Salary
    (8 salaries)
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    ₹7.05 L/yr - ₹10.21 L/yr
    Software Developer Salary
    (6 salaries)
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    ₹6.2 L/yr - ₹16.5 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 Python

    Salary related reviews for Morningstar

    5.0

    Rated by 2 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

    read more
    • 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)

    read more
    • Skill development - Excellent
      • +5 more

    Dislikes

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

    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%.

    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

    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.

    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

    Senior Research Associate in Navi Mumbai

    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

    Discover interview dos and don'ts from real experiences

    What people are saying about Morningstar

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    Interview Question
    I am going for an interview for MDP associate role. But I do have a notice period of 60 days which I mentioned in the application. I don't think my application will be considered after watching this. Do you think the company will wait 60 days for a process they are hiring in bulk
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    Morningstar Software Engineer Salary FAQs

    What is the salary of Software Engineer at Morningstar in Pune?
    The average salary of a Software Engineer at Morningstar in Pune typically ranges from ₹6.7 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 2 years to 5 years).

    The top 10% of Software Engineer in Pune at Morningstar earn more than ₹15.4 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. 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 30+ Morningstar employees in India.
    What is the estimated take home salary of a Software Engineer at Morningstar in Pune?
    The estimated take-home salary of a Software Engineer at Morningstar in Pune typically ranges from ₹88,160 to ₹90,474 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 30+ 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 Software Engineer at Morningstar in Pune?
    To be a Software Engineer at Morningstar in Pune, the key skills required include:

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

    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 Software Engineer in India?
    TIAA Global Business Services ₹7.5 Lakhs to ₹25.0 Lakhs per year
    TSYS|Total System Services ₹7.3 Lakhs to ₹21.5 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 Software Engineer in companies similar to Morningstar in Pune?
    The salary of a Software Engineer at companies similar to Morningstar in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Cybage ₹2.7 Lakhs to ₹12.8 Lakhs per year
    Capgemini ₹2.0 Lakhs to ₹11.0 Lakhs per year
    Tech Mahindra ₹2.1 Lakhs to ₹10.0 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 Software Engineer at Morningstar in Pune?
    The salary growth for a Software Engineer at Morningstar in Pune depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Pune can expect the following growth trajectory at Morningstar:

    Experience Average Salary Range
    2 years ₹6.7 Lakhs to ₹11.5 Lakhs per year
    3 years ₹8.2 Lakhs to ₹18.0 Lakhs per year
    4 years ₹10.8 Lakhs to ₹14.7 Lakhs per year
    5 years ₹12.0 Lakhs to ₹17.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Morningstar Software Engineer salary in Pune ranges between ₹6.7 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Morningstar latest salaries received from various employees of Morningstar.