Morningstar Development Program - Rotational Track

Posted 2 Days Ago
Chicago, IL, USA
Hybrid
100K-500K Annually
Entry level
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Empowering Investor Success
The Role
The Morningstar Development Program offers recent graduates a two-year rotational track to develop skills across various business teams, enhance analytical and communication abilities, and engage with clients while building a career at Morningstar.
Summary Generated by Built In
The Program:
At Morningstar, we want people who are smart, creative, hard-working, curious, and passionate about their work. We hire all majors, including liberal arts, as we appreciate the different perspectives they bring to our company. We built the Morningstar Development Program (MDP) to prepare recent college graduates for successful, long-term careers here at Morningstar. Throughout this two-year program, you will be placed in a cohort where you'll receive ongoing career development, networking, mentoring, training opportunities, practicum program opportunities, and exposure to different areas of the business to help you succeed at Morningstar.
Rotational MDP Track:
Within our new Rotational MDP track, you will gain exposure to a variety of business teams that will immerse you in what it's like to work in each area. Build your skillset and gain experience in areas that help drive Morningstar's mission! This is ideal for candidates who are open and interested in exploring Morningstar's various business groups.
Responsibilities for the Rotational Track:
  • Build deep expertise in Morningstar's data, products, and research

  • Directly interact with Morningstar's clients, including advisors, and individual and institutional investors

  • Contribute to ongoing training sessions and stretch projects while developing a strong foundation of knowledge to build on and use in your Morningstar career

  • Develop both analytical and communication skills by navigating Morningstar to build a variety of expertise

  • Ability to adapt well to different situations and thrive in a challenging, fast-paced environment

  • Excellent communication and leadership skills

  • Creativity and good analytical ability

Requirements:
  • A bachelor's degree

  • A resume is required to apply (be sure "resume") is in the title of your file

The salary for this position is $71,667
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
  • Financial Health
    • 100% 401k match up to 6% of salary
    • Stock Ownership Potential
    • Company provided life insurance - 1x salary + commission
  • Physical Health
    • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
    • Additional medical Wellness Incentives - up to $300-$600 annual
    • Company-provided long- and short-term disability insurance
  • Emotional Health
    • Trust-Based Time Off
    • 6-week Paid Sabbatical Program
    • 6-Week Paid Family Caregiving Leave
    • Competitive 8-24 Week Paid Parental Leave
    • Adoption Assistance
    • Leadership Coaching & Formal Mentorship Opportunities
    • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
    • Tuition Reimbursement
  • Social Health
    • Charitable Matching Gifts program
    • Dollars for Doers volunteer program
    • Paid volunteering days
    • 15+ Employee Resource & Affinity Groups

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

Skills Required

  • A bachelor's degree

What the Team is Saying

Anna
Upasna
Saurabh
Wendell
Raaghavendar
Jeff

Morningstar Compensation & Benefits Highlights

  • Leave & Time Off Breadth Time away options include a paid six‑week sabbatical every four years and flexible time off in North America, with broad usage reported in 2024. Feedback suggests these programs are a distinctive strength by market standards.
  • Parental & Family Support A global minimum beginning in 2025 provides at least 16 weeks paid leave for primary caregivers and up to 8 weeks for secondary caregivers, plus at least 6 weeks paid caregiving leave. This breadth positions family support as a clear pillar of the package.
  • Equity Value & Accessibility An optional Shared Ownership program lets employees direct part of a bonus into RSUs with a 50% company match. This structure adds a notable long‑term ownership component to total rewards.

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The Company
HQ: Chicago, IL
11,500 Employees
Year Founded: 1984

What We Do

At Morningstar, we believe in building great products in-house in a highly collaborative, agile environment where we focus on technical excellence, the user experience, and continuous improvement. Our technologists represent a range of skills and experience levels, but they all view their work as a craft and push technology’s boundaries.

Why Work With Us

Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!

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Morningstar Offices

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Employees engage in a combination of remote and on-site work.

Typical time on-site: 3 days a week
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