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Internship Morningstar Development Program Jobs (NOW HIRING)

Morningstar Credit Ratings, LLC

$71K/yr

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 ...

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How much do internship morningstar development program jobs pay per hour?

As of Sep 13, 2026, the average hourly pay for internship morningstar development program in the United States is $17.04, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $19.23 per hour, depending on experience, location, and employer.

What is the difference between Internship Morningstar Development Program vs Investment Banking Intern?

AspectInternship Morningstar Development ProgramInvestment Banking Intern
Required CredentialsUndergraduate or graduate student, relevant courseworkUndergraduate student, finance or related major
Work EnvironmentFinancial services, research, and data analysisCorporate finance, client meetings, financial modeling
Employer & Industry UsageMorningstar, investment research, asset managementInvestment banks, mergers & acquisitions, capital markets

The Internship Morningstar Development Program focuses on financial research, data analysis, and asset management, offering a broader exposure to investment research. In contrast, an Investment Banking Intern typically engages in financial modeling, deal analysis, and client presentations within a corporate finance setting. Both internships require strong analytical skills and relevant coursework but differ in industry focus and daily tasks.

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Internship Morningstar Development Program jobs near you
Infographic showing various Internship Morningstar Development Program job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $35,436 per year, or $17 per hour.

Morningstar Development Program - Rotational Track (current interns)

Chicago, IL • On-site

Morningstar
Health Care and Social Assistance • 1 - 5K employees
Learn more about Morningstarexternal

$71K/yr

Full-time

Medical, Dental, Life, Retirement

This job post has expired 2 days ago. Applications are no longer accepted.

MorningStar Senior Living rating

6.7

Company rating: 6.7 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

Job description

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

The base salary for the rotational track associate is $71,667.00

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 plansand coverages

    • Additional medical Wellness Incentives - up to $300-$600 annual

    • Company-provided long- and short-termdisabilityinsurance

  • 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 & FormalMentorshipOpportunities

    • 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.

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