Low pay and wage stagnation - Senior Equity Research Analyst Morningstar Employee Review

While the compensation starts out 25%-40% below industry norms, the bigger issue is poor wage progression. Three or four years into the job, you will be earning less than half of your peers at other firms. Other post-MBA work such as consulting pays significantly more. While the pressue might be less than at typical sell-side positions, do not expect to be working less than 50-55 hours per week.