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Operations Development Program information

See Schaumburg, IL salary details

$39.3K

$107.5K

$155.6K

How much do operations development program jobs pay per year?

As of Jun 9, 2026, the average yearly pay for operations development program in Schaumburg, IL is $107,503.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,000.00 and $130,100.00 per year, depending on experience, location, and employer.

What types of projects and rotations can I expect during an Operations Development Program, and how do they contribute to career growth?

During an Operations Development Program, participants typically rotate through various departments such as supply chain, process improvement, logistics, and quality control. These rotations expose you to different facets of operations, allowing you to develop a well-rounded skill set and gain a comprehensive understanding of how the business functions. You’ll often work on cross-functional projects, collaborate with diverse teams, and tackle real business challenges. This structure is designed to accelerate your learning, build leadership skills, and position you for future advancement into supervisory or managerial roles within operations.

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

To thrive in an Operations Development Program, you need a bachelor's degree in business, engineering, or a related field, along with strong analytical and problem-solving skills. Familiarity with process improvement methodologies, project management software, and data analysis tools such as Excel or ERP systems is typically expected. Excellent communication, adaptability, and leadership potential are standout soft skills for this role. These capabilities are crucial as they enable you to drive operational efficiency, manage cross-functional projects, and develop into future leadership positions.

What is the difference between Operations Development Program vs Operations Analyst?

AspectOperations Development ProgramOperations Analyst
Required CredentialsBachelor's degree, internship experience, leadership potentialBachelor's degree, analytical skills, industry knowledge
Work EnvironmentRotational assignments across departments, training programsData analysis, reporting, process improvement
Employer & Industry UsageCommon in large corporations, management training tracksWidely used in operations, logistics, and supply chain roles
Comparison Search IntentUnderstanding entry-level management trainingAnalyzing operational data and processes

The Operations Development Program is a structured, rotational training initiative designed for recent graduates aiming for management roles, while an Operations Analyst focuses on analyzing data and improving operational efficiency. Both roles are essential in operations but differ in scope, training, and responsibilities.

What is an Operations Development Program?

An Operations Development Program is a structured, rotational training initiative offered by many companies to develop future leaders in operations management. Participants typically rotate through different departments such as supply chain, logistics, manufacturing, and process improvement to gain hands-on experience and a broad understanding of business operations. These programs are designed for recent graduates or early-career professionals and often include mentorship, leadership development, and project management opportunities. Successful completion of the program can lead to placement in key operational roles within the company.
What are popular job titles related to Operations Development Program jobs in Schaumburg, IL? For Operations Development Program jobs in Schaumburg, IL, the most frequently searched job titles are:
What job categories do people searching Operations Development Program jobs in Schaumburg, IL look for? The top searched job categories for Operations Development Program jobs in Schaumburg, IL are:
Operations Development Program jobs near you
Morningstar Development Program - Technology Track

Morningstar Development Program - Technology Track

Morningstar

Chicago, IL

Full-time

Medical, Dental, Life, Retirement

Posted 28 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

81st 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 degreeor 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 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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