Morningstar reviews

3.8

75% would recommend to a friend

(4,140 total reviews)
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Kunal Kapoor

83% approve of CEO

71% positive business outlook

Morningstar has an employee rating of 3.8 out of 5 stars, based on 4,140 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morningstar employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

4K reviews
3.0
Oct 24, 2018

Summer Intern

Recommend
CEO approval
Business Outlook

Pros

Nobody really does work, and so expectations are very low. I really impressed everyone there and barely did anything all summer.

Cons

Doing no work might hurt when it comes to full-time recruiting. Also the pay for full-time positions is considerably lower than other firms, not at all competitive.

1.0
Sep 3, 2018

Terrible place

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Gain good experience developing interpersonal skills on the phone.

Cons

Managers of the development program, upward mobility, opportunities

3.0
Apr 30, 2018

Morningstar Development Program

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The best thing about being a MDP is having the MDP community. Now that every MDP starts in client support, you'll instantly be placed on a team with 5-10 others just out of college. This makes for a fun, social work environment with frequent happy hours and weekend bonding. It also helps that no one on support is allowed to work more than 40 hours/week. (The fact that the 'social' aspect of the job is my biggest 'pro' should be taken as a double-edged sword).

Cons

Unfortunately, the MDP is often not what it claims to be. It's not uncommon for someone to get stuck on the phone for 12+ months because 20+ MDPs are all interviewing for the same 3-5 positions. Do not believe anyone when they tell you it is a 'rotational' program. The only rotational aspect is the fact that about 25% of MDPs leave each year. Additionally, as a MDP, your pay will be significantly lower than were you to work a similar job at a different company. Of course, this salary cap is lifted upon graduating from the MDP program, but that puts you at about 2.5 years on the MDP salary (think 50k starting, plus a 0-6% increase twice annually). This salary is certainly fair when on client support, but quickly loses its appeal when accepted for a (real) job.

Viewing 163 - 165 of 4,140 Reviews

Glassdoor has 4,442 Morningstar reviews submitted anonymously by Morningstar employees. Read employee reviews and ratings on Glassdoor to decide if Morningstar is right for you.