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Morningstar Software Engineer salaries in Thane (Updated 2025)

Annual salary range
2 - 5 years exp.
₹7.5 Lakhs - ₹17.2 Lakhs
Salary of majority employees
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68% 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

Last Updated: 20 Feb 2025

Companies similar to Morningstar for Software Engineer in Thane

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Morningstar Software Engineer Salary

2 - 5 years exp. (7 salaries)

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₹7.5 L/yr - ₹17.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Euronet Worldwide Software Engineer Salary

1 - 5 years exp. (16 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 43% less
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Apmosys Technologies Software Engineer Salary

0 - 5 years exp. (12 salaries)

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₹2.2 L/yr - ₹8.5 L/yr

arrow icon 64% less
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Maximus Infoware Software Engineer Salary

1 - 4 years exp. (11 salaries)

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₹3.6 L/yr - ₹8 L/yr

arrow icon 56% less
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₹3 L/yr - ₹5 L/yr

arrow icon 68% less
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₹4 L/yr - ₹9 L/yr

arrow icon 47% less
Software Engineer salary at Morningstar ranges between ₹7.5 Lakhs to ₹17.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Software Engineer in Thane

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Experience wise Morningstar Software Engineer salaries in Thane

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹18.4 L/yr
3 years  (3 salaries)

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₹9 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.9 L/yr
5 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹17.1 L/yr
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 - 11 years exp.

Software Engineer 1 - 6 years exp.
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Senior Software Engineer 5 - 10 years exp.
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arrow icon 80% 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

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    ₹12 L/yr - ₹22.73 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

    4.4

    Rated by 2 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

     · 

    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
    • 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

    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.

    read more
    • 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.

    read more

    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.

    read more
    • 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.

    read more
    • Salary - 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 in Thane?
    The average salary of a Software Engineer at Morningstar in Thane typically ranges from ₹7.5 Lakhs to ₹17.2 Lakhs per year, depending on experience (from 2 years to 5 years).

    The top 10% of Software Engineer in Thane at Morningstar earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹17.2 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 7 Morningstar employees in India.
    What is the estimated take home salary of a Software Engineer at Morningstar in Thane?
    The estimated take-home salary of a Software Engineer at Morningstar in Thane typically ranges from ₹84,650 to ₹86,865 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹17.2 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 7 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 Thane?
    To be a Software Engineer at Morningstar in Thane, 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.
    What is the salary of a Software Engineer in companies similar to Morningstar in Thane?
    The salary of a Software Engineer at companies similar to Morningstar in Thane varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Euronet Worldwide ₹4.2 Lakhs to ₹10.0 Lakhs per year
    Netcore Cloud Private Limited ₹4.0 Lakhs to ₹9.0 Lakhs per year
    Maximus Infoware ₹3.6 Lakhs to ₹8.0 Lakhs per year
    Apmosys Technologies ₹2.2 Lakhs to ₹8.5 Lakhs per year
    SmartConnect Technologies ₹3.0 Lakhs to ₹5.0 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 Thane?
    The salary growth for a Software Engineer at Morningstar in Thane depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Thane can expect the following growth trajectory at Morningstar:

    Experience Average Salary Range
    2 years ₹7.5 Lakhs to ₹18.4 Lakhs per year
    3 years ₹9.0 Lakhs to ₹16.0 Lakhs per year
    4 years ₹5.0 Lakhs to ₹12.9 Lakhs per year
    5 years ₹5.4 Lakhs to ₹17.1 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Morningstar Software Engineer salary in Thane ranges between ₹7.5 Lakhs to ₹17.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Morningstar latest salaries received from various employees of Morningstar.