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Morning Star Off Campus Drive 2024 |
Join as a MDP Associate in Mumbai |
Placement Officer
Introduction
Are you
passionate about finance, data analysis, and business development? Morningstar,
a global leader in investment research, is offering an exciting
opportunity for fresh graduates and early-career professionals to join their Morningstar
Development Program (MDP) as an MDP Associate in Mumbai. This role
is perfect for those who are keen to start a career in data operations,
financial research, and client-oriented projects.
About Morningstar
Morningstar,
Inc. is one
of the world's leading providers of independent investment research. The
company's mission is to empower investor success by offering a wide range of
products and services to individual investors, financial advisors, asset
managers, and institutional clients across the globe. Morningstar covers managed
investments, private companies, fixed-income securities, private credit,
and bank loans, helping clients make informed financial decisions.
What is the Morningstar Development Program (MDP)?
The Morningstar
Development Program (MDP) is designed to hire and develop entry-level
employees, providing them with the skills, mentorship, and knowledge needed to
become future leaders at Morningstar. This two-year program equips associates
with hands-on experience across various business units, ensuring a well-rounded
professional growth.
Key Details of the Position:
·
Job Title: MDP Associate
·
Location: Vashi, Navi Mumbai
·
Eligibility: Open to fresh graduates and
professionals with up to 2 years of experience
·
Work Arrangement: Hybrid Model (3 days on-site,
flexible shift hours)
·
Salary Range: ₹4,06,575
– 5,39,175 LPA
Business Units for MDP Associates
·
PitchBook Public Equity (PBPE): Collect financial and non-financial data
from public companies globally.
·
Fixed Income Data Operations: Research and analyze data on bonds and
derivatives.
·
Managed Investment Data (MID): Handle fund performance data, including NAV
and other operational metrics.
·
PitchBook Private Markets (PBPM): Gather data on private capital markets like private
equity, venture capital, and M&A.
·
Reference & Entity Data (RED): Focus on data collection and governance
strategy for Morningstar products.
·
Sustainalytics: Provide research on ESG parameters to
guide investment decisions.
·
Wealth Management Operations: Offer operational support for portfolio
reconciliation, billing, and performance analytics.
Responsibilities of an MDP Associate
1. Data
Collection & Analysis
·
Conduct in-depth screening, research, and review of company
data.
·
Use web-based tools to collect accurate operational data
from multiple sources.
·
Consistently apply research methodologies to achieve high-quality
outputs.
2.
Client-Oriented Business Development
·
Understand and align actions with Morningstar’s business goals,
policies, and procedures.
·
Identify new data collection methods and suggest
improvements to existing processes.
·
Collaborate with cross-functional teams to contribute to
various projects.
3.
Reporting & Performance Monitoring
·
Achieve both individual and team targets for production and
quality.
·
Prepare reports and updates for management to highlight key
performance indicators (KPIs).
Eligibility Criteria & Skill Sets
Educational
Background:
·
Minimum Requirement: Bachelor’s degree in any discipline with at
least 50% aggregate.
·
Experience: Freshers and candidates with up to 2
years of experience can apply. Candidates awaiting results may also apply,
conditional on the completion of graduation.
Core
Skills:
·
Communication Skills: Strong written and verbal skills for
effective communication and content interpretation.
·
Analytical Thinking: Ability to conduct data analysis and
make data-driven decisions.
·
MS Office Proficiency: Basic knowledge of MS Excel, Word,
and other tools.
·
Attention to Detail: Strong focus on ensuring data accuracy
and quality.
Preferred
Attributes:
·
Client Orientation: Passion for understanding and addressing
client needs.
·
Entrepreneurial Mindset: Willingness to innovate and take
initiatives.
·
Team Collaboration: Ability to work effectively within a
team and handle multiple projects.
Shift Timings & Work Arrangement
Morningstar
operates on a hybrid work model, with MDP Associates required to work three
days per week from the office. Teams work in different shifts, and
candidates should be flexible to work in:
·
Early Morning Shift (AU): 5:30 am to 2:30 pm
·
General Shift: 10 am to 7 pm
·
Afternoon Shift (UK): 3 pm to 12 am
·
Night Shift (US): 8 pm to 5 am
Transportation
Options:
·
AU Shift: Home-to-office pickup available.
·
UK & US Shifts: Office-to-home drop-off available.
Selection Process for MDP Associate
1. Online
Assessment: Eligible
candidates will be required to take an online assessment.
2. Information
Session: Attend a
candidate information session upon clearing the assessment.
3. Interview
Rounds:
Shortlisted candidates will go through two rounds of interviews.
4. Final
Offer: Successful
candidates will receive a permanent offer letter from Morningstar.
Why Join Morningstar as an MDP Associate?
1.
Comprehensive Learning & Growth:
·
Mentorship & Training: Access to career development programs
to enhance skills.
·
Real-Time Projects: Work on real-world projects, learning how
data and technology drive business decisions.
2.
Inclusive & Dynamic Work Environment:
·
Hybrid Work Model: Flexibility to work both on-site and
remotely.
·
Diverse Teams: Collaborate with global colleagues, gaining
exposure to different business processes.
3.
Competitive Compensation & Benefits:
·
Attractive Salary Package: Competitive annual compensation with
added shift allowances.
·
Transportation Support: Pickup/drop-off services available for
certain shifts.
·
Flexible Work Hours: Accommodate work-life balance needs with
varied shift options.
How to Apply for MDP Associate Position at Morningstar
To apply
for the MDP Associate role, follow these steps:
1. Prepare
Your Resume: Highlight
relevant skills, education, and any prior experience in data analysis,
research, or business operations.
2. Complete
the Online Assessment: Ensure
you prepare for the assessment test that will gauge your skills and
suitability for the role.
3. Attend
the Interviews: Showcase
your passion for data and business analysis during the interview rounds.
Conclusion
Kickstart
your career with Morningstar as an MDP Associate, where you can
learn, grow, and contribute to a dynamic, data-driven environment. This is a
fantastic opportunity for fresh graduates and professionals looking to gain
valuable insights into the investment research industry and develop
skills that can propel their careers forward.
Ready to
Apply? Submit Your Application Today and Begin Your Journey with Morningstar!
How to Apply:
Apply Link: Click Here To Apply
for Morningstar
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Disclaimer
The recruitment details shared above are for
informational purposes only and have been obtained from the organization’s
official website. We do not guarantee any job placements. Recruitment will be
conducted according to the company's official process. We do not charge any
fees for sharing this job information.
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