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Internship Morningstar Development Program information

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$9

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

As of Aug 16, 2026, the average hourly pay for internship morningstar development program in Chicago, IL is $17.55, according to ZipRecruiter salary data. Most workers in this role earn between $14.86 and $19.81 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 Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, 1% Temporary, and 3% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $36,504 per year, or $17.6 per hour.

Morningstar Summer Tech Internship Program 2027

Morningstar, Inc.

Chicago, IL • On-site

$30/hr

Full-time

Medical, Dental, Life, Retirement

This job post has expired today. 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

64th of 242 rated social care providers

Job description

The Group:
Technology drives our business. Our team is made up of talented software engineers, infrastructure engineers, leaders and UX professionals. We care about technology as a craft and a differentiator. We bring our global products to market with a mix of software, cloud, data centers, infrastructure, design and grit. We created the Morningstar Summer Intern Program for Technologists for college students entering their final year as a first step towards successful, long-term careers in technology. Participants will contribute to different aspects of Morningstar's technology organization through ten-week- individual and group projects, learning about financial series, data, and products. You will also receive hands-on mentoring from your colleagues and the Summer Intern team to help you succeed at Morningstar.
The Role:
The Morningstar Summer Internship Program for Technologists is accepting applicants graduating in 2027. Successful applicants will be assigned meaningful work suitable for their background. The program advisors and mentors will meet with you regularly to identify and develop your summer goals. Summer interns have the opportunity to apply directly to the Morningstar Development Program after graduation. All positions are based in our Chicago office, 5 days a week.
Responsibilities
  • Join a Morningstar Agile squad to help address business problems through thoughtful research, analysis, and creative thinking in an individual project.
  • Collaborate on a ten-week-long group case study and present the results to senior leaders, stakeholders, and managers.
  • Participate in training sessions with Morningstar employees across the company spectrum, building a foundation of knowledge to develop throughout your Morningstar career.

Preferred Qualifications
  • An outstanding academic record.
  • Excellent communication and leadership skills.
  • Coding skills.
  • Demonstrated critical thinking and creative problem-solving skills.
  • Ability to adapt well to different situations and thrive in a challenging, fast-paced environment.

Requirements
  • Between 0-2 years of professional working experience.
  • Currently enrolled in full-time bachelor's degree program, in your second or third year of study, preferably studying Computer Science.
  • A resume is required to apply.
    **Please be sure to include the word "Resume" in the file name of your resume**

Compensation for this role is $30 per hour.
This role will be posted until August 14th for initial applicant review and re-opened in September.
#LI-DNI
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.

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