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Morningstar Development Program Jobs (NOW HIRING)

Morningstar

Program Manager

Chicago, IL · Hybrid

... across the Morningstar Retirement organization. This role is responsible for owning program ... Understanding of SDLC (Software Development Lifecycle) is a must. Background in Agile environments ...

Morningstar, Inc.

Program Manager

Chicago, IL · On-site

... across the Morningstar Retirement organization. This role is responsible for owning program ... Understanding of SDLC (Software Development Lifecycle) is a must. • Background in Agile ...

Morningstar

Editor, Publications

Chicago, IL

$81.33K - $119.28K/yr

Morningstar's Editorial team plays a crucial role in supporting this mission. We create engaging ... That's why we champion your wellness through a wide range of programs that support all stages of ...

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How much do morningstar development program jobs pay per year?

As of May 30, 2026, the average yearly pay for morningstar development program in the United States is $120,059.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $143,000.00 per year, depending on experience, location, and employer.

What is a Morningstar Development Program job?

The Morningstar Development Program (MDP) is a full-time, rotational program designed for recent graduates to develop skills across different areas of Morningstar’s business. Participants gain hands-on experience through structured training, mentorship, and project-based work in fields like data analysis, investment research, product management, and technology. The program typically lasts two years and provides exposure to Morningstar’s mission of empowering investor success. It prepares associates for long-term career growth within the company by offering networking opportunities and continuous learning.

What are the key skills and qualifications needed to thrive in the Morningstar Development Program position, and why are they important?

To thrive in the Morningstar Development Program, applicants generally need a strong academic background in finance, economics, or related fields, along with analytical and problem-solving skills. Familiarity with Excel, data analytics tools, and financial modeling is highly valued, and internships or certifications such as CFA Level I can be advantageous. Outstanding communication skills, curiosity, teamwork, and adaptability help candidates stand out in a collaborative, fast-paced environment. These competencies are crucial to excel in rotational assignments, work on cross-functional projects, and build a foundation for a successful career at Morningstar.

What kinds of projects and responsibilities can participants expect during the Morningstar Development Program?

Participants in the Morningstar Development Program can expect to work on a range of projects across different business units, such as investment research, product development, or client solutions. Assignments typically involve data analysis, market research, process optimization, and supporting strategic initiatives, often in a team-based setting. This structure provides exposure to multiple functions and helps participants build a comprehensive understanding of Morningstar's business. The program's rotation-based format enables individuals to explore various interests while developing valuable professional relationships and skills. Upon successful completion, graduates are often placed in roles that match their strengths and career aspirations.
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Morningstar Development Program - Technology Track

Morningstar Development Program - Technology Track

Morningstar

Chicago, IL • On-site

Full-time

Medical, Dental, Life, Retirement

Posted 19 days ago

MorningStar Senior Living rating

6.4

Company rating: 6.4 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

78th of 228 rated social care providers

Job description

The Program: We built the Morningstar Development Program for Technologists to evolve recent college graduates and prepare them for successful, long-term careers at our company. Throughout this two-year program, you will tackle different roles across Morningstar's technology business. In the Technology organization, you'll be part of a diverse team that builds innovative and useful software that users love, using contemporary techniques, tools, and infrastructure.
Technology is core to Morningstar's ability to deliver independent research, data, and insights to investors, advisors, asset managers, and institutions around the world. Our technology teams work closely with business and product partners to build, enhance, and support the platforms, tools, and analytics that power Morningstar's products and services.
Technology roles at Morningstar span software engineering, data and analytics, platform development, cloud and infrastructure, product technology, and technology enablement, all with a strong focus on reliability, scalability, and business impact.
The Morningstar Development Program (MDP) is a full-time, early career program designed to launch high-potential graduates into impactful, long-term careers at Morningstar. Participants gain hands-on experience through meaningful project work, mentorship from experienced technologists and leaders, and exposure to Morningstar's products, data, and business model.
The Role:
The Morningstar Development Program - Technology is accepting applicants graduating in 2026. Successful candidates will join a Morningstar technology team aligned to a business, product, or platform area and will be assigned real work that contributes to Morningstar's core products and operations.
MDP associates are expected to take ownership of their work, collaborate across technology, product, and business teams, and communicate effectively with both technical and non-technical partners. Throughout the program, associates receive structured mentorship, ongoing feedback, and professional development support to build a strong foundation for a technology career at Morningstar.
All roles are based in our Chicago office, with an in-office expectation of 4 days per week.
Responsibilities:
  • Contribute as a member of an Agile technology team, helping solve real business problems through analysis, design, and hands-on development
  • Design, build, test, and enhance technology solutions that support Morningstar products, platforms, or internal business operations
  • Collaborate with engineers, product managers, data teams, and business stakeholders to translate requirements into practical, scalable solutions
  • Participate in individual and team-based projects, presenting work and outcomes to peers, managers, and senior leaders
  • Learn Morningstar's products, data sets, and technology ecosystem, gaining exposure to how technology enables Morningstar's mission
  • Engage in training, mentorship, and professional development opportunities as part of the MDP cohort experience

Preferred Qualifications:
  • Experience with software development, data analysis, or technology platforms, gained through internships, coursework, or projects
  • Strong programming fundamentals; experience with languages such as Python, Java, C++, SQL, or similar is a plus
  • Interest in how technology supports financial services, investment research, data, or analytics-driven products
  • Demonstrated ability to take initiative, learn quickly, and work independently when needed
  • Strong communication skills, with the ability to explain technical concepts clearly to diverse audiences
  • Analytical, curious, and collaborative mindset with strong problem-solving skills

Requirements:
  • A bachelor's degree or higher
  • 0-2 years of experience
  • A resume is required to apply.
    **Please be sure to include the word "Resume" in the name of the resume you upload to your application on the front page.

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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