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Morningstar Development Program Jobs in Illinois

Our ideal candidate is passionate about learning and development and Morningstar's company ... Manage program logistics, communications, and participant experience end‑to‑end * Run multiple ...

Compliance Senior Manager

Chicago, IL · On-site

$121K - $186K/yr

... program for the Morningstar Wealth, Retirement, and Research groups located in the United States ... Stay informed of regulatory developments, respond to regulatory inquiries, and facilitate ...

Showing results 21-40

Morningstar Development Program information

See Illinois salary details

$31K

$116.3K

$193.8K

How much do morningstar development program jobs pay per year?

As of Sep 14, 2026, the average yearly pay for morningstar development program in Illinois is $116,340.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,500.00 and $138,600.00 per year, depending on experience, location, and employer.

What is the Morningstar Development Program?

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 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.

What are the key skills and qualifications needed to thrive in the Morningstar Development Program?

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 job categories do people searching Morningstar Development Program jobs in Illinois look for?

The top searched job categories for Morningstar Development Program jobs in Illinois are:

Infographic showing various Morningstar Development Program job openings in Illinois as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 80% Full Time, 16% Part Time, and 2% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $116,340 per year, or $55.9 per hour.

Morningstar Internship Program - Credit Analyst Intern 2027 (Partner Link)

Chicago, IL • On-site

Morningstar
Health Care and Social Assistance • 1 - 5K employees

$25/hr

Full-time

Medical, Dental, Life, Retirement

Re-posted 13 days ago


Key responsibilities

  • Gathering and analyzing financial data for credit ratings

  • Conducting market and industry research

  • Supporting the preparation of rating reports, press releases, and commentaries


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

About the Group: DBRS Morningstar is a global credit ratings business with over 700 employees across eight offices worldwide. As the world's fourth-largest credit ratings provider, we are committed to empowering investor success through cutting-edge technology, market responsiveness, and a diverse perspective. We are a recognized leader in Canada, the U.S., and Europe across multiple asset classes, rating over 2,600 issuers and 54,000 securities globally.

The Program: We created the Morningstar Summer Internship Program for college students entering their final year as a first step towards successful, long-term careers in any professional field. Participants will contribute to different aspects of Morningstar's business through ten-week- individual and group projects, learning about the financial services and securities industries, and gaining critical business development skills. Our interns receive hands-on mentoring from their colleagues and the People & Culture team to help them succeed at Morningstar.

Job Responsibilities:

  • Gathering and analyzing financial data for credit ratings

  • Conducting market and industry research

  • Reviewing legal documents related to transactions

  • Assisting in the development of financial models and cash flow engines

  • Supporting the preparation of rating reports, press releases, and commentaries

  • Participating in internal meetings and discussions with external stakeholders

  • Learning and applying DBRS Morningstar's rating methodologies

Qualifications

  • Pursuing a degree in Finance, Economics, Accounting, or a related field

  • Strong analytical and communication skills

  • Detail-oriented with the ability to manage multiple tasks

  • Proficiency in Microsoft Office (Excel, PowerPoint, Word), Excel VBA is a plus

  • Familiarity with R or Python is a plus

  • Interest in Structured Finance and credit markets

  • A resume is required to apply. Please include the word "Resume" in the file name of the resume you upload.

Location: Chicago

Compensation: $25 per hour

#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 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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