Is Morningstar a good company to work for as a MDP Program?

MDP Program professionals working at Morningstar have rated their employer with 3.8 out of 5 stars in 111 Glassdoor reviews. This is an average score with the overall rating of Morningstar employees being 3.8 out of 5 stars. Search open MDP Program Jobs at Morningstar now and start preparing for your job interview by browsing frequently asked MDP Program interview questions at Morningstar .

Does Morningstar pay MDP Program employees well?

MDP Program professionals rate their compensation and benefits at Morningstar with 3.7 out of 5 stars based on 111 anonymously submitted employee reviews. This is 11.4% better than the company average rating for salary and benefits. Find out more about MDP Program salaries at Morningstar.

How happy are MDP Program professionals working at Morningstar?

67% of MDP Program employees at Morningstar would recommend their employer to a friend. This rating has decreased by 24% in the past 12 months. MDP Program professionals have also rated Morningstar with a 3.8 rating for work-life-balance, 4.1 rating for diversity and inclusion, 4.3 rating for culture and values and 3.5 rating for career opportunities.

What are the top reviewed jobs at Morningstar?

Data Research Analyst (462) , Research Associate (181) , Software Engineer (151) , Analyst (123) , Senior Software Engineer (102) , Data Analyst (80) , Senior Data Research Analyst (80) , Product Manager (65) , MDP Associate (58) , Research Analyst (57) , Senior Data Analyst (56) , Senior Research Associate (44) , Intern (41) , Team Leader (37) , Associate Software Engineer (36)

What are the pros of working at Morningstar according to real employee reviews?

"Flexible and good work life balance" ((in 592 reviews)); "great culture and work balance" ((in 495 reviews)); "The people are great and fun to work with." ((in 332 reviews)); "Good Work Culture and Collogues" ((in 305 reviews)); "Great benefits and paid sabbatical" ((in 191 reviews))

What are the cons of working at Morningstar according to real employee reviews?

"low salary and lack of long time challenge" ((in 294 reviews)); "I think the pay is low for the industry and I think it's hard to advance super high up in this company." ((in 278 reviews)); "extremely low compensation which affects the morale of an employee" ((in 104 reviews)); "Monotonous work with limited growth opportunities" ((in 48 reviews)); "making and senior management were not strong." ((in 34 reviews))

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Morningstar MDP Program reviews

3.8

67% would recommend to a friend

(111 total reviews)

Kunal Kapoor

72% approve of CEO

67% positive business outlook

Ratings by category

4.3

Culture & values

4.1

Diversity & inclusion

3.8

Work/Life balance

3.7

Compensation and benefits

3.6

Senior management

3.5

Career opportunities

MDP Program employees have rated Morningstar with 3.8 out of 5 stars, based on 111 company reviews on Glassdoor. This indicates that most MDP Program professionals have a good working experience there. Morningstar is rated in line with the average (within 1 standard deviation) by MDP Program professionals compared to other employers within the Management & Consulting industry (3.7 stars).

Ratings by demographic groups

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Reviews by job title

111 reviews

5.0

Jul 5, 2026

Good work-life balance, but lacks remote options

Mdp associate

Recommend

CEO approval

Business Outlook

Pros

Good work life balance for life

Cons

Need work from home faciltity

5.0

Jun 4, 2026

Great first job, but work can be monotonous

Mdp associate

Recommend

CEO approval

Business Outlook

Pros

good for a first job

Cons

monotonous work so be prepared

1.0

Jun 3, 2026

Flexible PTO, but poor new grad program experience

Mdp (morningstar development program)

Recommend

CEO approval

Business Outlook

Pros

Honestly, the only pro is the flexible pto policy.

Cons

Morningstar hooks new grads up with this program where they keep you answering the phone on customer support for years without actually learning skills or rotating you to new roles as promised. Once you are finally able to rotate, no roles will want you because you don’t have any experience doing anything other than answering the phone for clients. And after, you don’t qualify for others companies new grad jobs. I don’t recommend this program to anyone. It is not what they advertise it to be.

Morningstar Response

Thank you for sharing your perspective. We recognize that experiences can vary, and we're sorry the program did not meet your expectations. The Morningstar Development Program (MDP) has evolved significantly over time and is designed to help early-career professionals build foundational skills, gain hands-on experience, receive mentorship, and grow within a defined career track. The program includes structured learning, coaching, real-world projects, and opportunities to build skills across the business. We continuously review feedback from participants and use it to improve the experience for future cohorts. We appreciate you taking the time to share your feedback and wish you'll also share your personal perspective with your manager and the leads of the MDP program.

Viewing 1 - 3 of 111 Reviews

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Reviews by job title

Good work-life balance, but lacks remote options

Great first job, but work can be monotonous

Flexible PTO, but poor new grad program experience

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