Morningstar Interview Questions

37 total interview insight submissions
Interview Experience (90%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (83%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.6
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (89%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

55%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Morningstar

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
1st Year Analyst
Year 2025
Job Title 1st Year Analyst
Group/Division Private Markets
Location Mumbai
Experience
Neutral
Difficulty
Easy
Intern
Year 2025
Job Title Intern
Group/Division N/A
Location Chicago
Experience
Positive
Difficulty
Average
Associate Director
Year 2025
Job Title Associate Director
Group/Division Other
Location Chicago
Experience
Neutral
Difficulty
Very Easy
Student / Prospective Monkey
Year 2023
Job Title Student / Prospective Monkey
Group/Division N/A
Location Chicago
Experience
Positive
Difficulty
Very Easy
Intern
Year 2024
Job Title Intern
Group/Division Generalist
Location Chicago
Experience
Very Positive
Difficulty
Average
Research Associate
Year 2023
Job Title Research Associate
Group/Division Equity Research
Location
Experience
Neutral
Difficulty
Average
Summer Associate Intern
Year 2022
Job Title Summer Associate Intern
Group/Division Mutual Funds
Location Chicago
Experience
Very Positive
Difficulty
Easy
Summer Associate Intern
Year 2023
Job Title Summer Associate Intern
Group/Division Equity Research
Location Chicago
Experience
Positive
Difficulty
Average
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Investment Research
Location Chicago
Experience
Positive
Difficulty
Average
Student / Prospective Monkey
Year 2021
Job Title Student / Prospective Monkey
Group/Division Generalist
Location City of Chicago
Experience
Negative
Difficulty
Average

Interview Questions & Answers - Morningstar Examples

Analyst Interview - Private Markets

Anonymous employee in Mumbai
Interviewed: January 2025
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Skills Test
Personality Test
Background Check
Other
Interview
Before my interview, the company required me to complete an assessment that tested my writing skills, basic math abilities, and my capacity to analyze and extract meaningful information from essays.

After successfully passing the test, I went through two rounds of interviews. The first round was primarily behavioral, focusing on my background, experiences, and overall fit for the role.

The second round was more technical, though not overly complex since I was applying for an entry-level position. The interviewers wanted to assess my foundational understanding of finance. They asked questions such as: What are derivatives? Can you explain NAV? What are ETFs? The focus was on evaluating my grasp of basic financial concepts.
Interview Questions
The questions were not overly challenging, as the focus was on assessing my foundational understanding rather than advanced technical expertise.

Quantitative Research Intern Interview

Anonymous interview candidate in Chicago
Interviewed: November 2025
Outcome
No Offer
Interview Source
Recruiter
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
1st - Video Interview (5 Questions) 2nd- First Round Interview (Behaivoral) 3rd - Second Round Interview (N/A)
Interview Questions
None, the questions were all pretty okay. I haven't done the 2nd round yet.

Associate Director Interview - Other

Anonymous interview candidate in Chicago
Interviewed: April 2025
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Got the phone screen from HR. light and easy. got asked about sponsorship status then..... I am an international stu
Interview Questions
Why morning star, why ratings, have you done ratings before? 5year plan

Software Engineer Interview

Anonymous interview candidate in Chicago
Interviewed: October 2023
Outcome
Declined Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
Interview
Two rounds phone screen and employee interview. No leetcode just basic qs about experiences and resume.
Interview Questions
No hard questions.

Summer Internship Interview - Generalist

Anonymous interview candidate in Chicago
Interviewed: October 2024
Outcome
Declined Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview

I secured the interview through networking, and there was only one round. It involved both behavioral and technical questions of medium difficulty, focusing on my background, skills, and fit for the role. Overall, the process was straightforward, and the interviewer was approachable and professional.
Interview Questions
What would you bring to the company that another student wouldn't.

Associate Equity Analyst Interview - Equity Research

Anonymous interview candidate in
Interviewed: January 2023
Outcome
No Offer
Interview Source
Applied Online
Length of Process
2-3 months
Application
Phone Interview
Presentation
Skills Test
Interview
The timeline of the application was as follows:
1) Online application - Classic fill up the form + a brief paragraph on why this role / Morningstar
2) Online assessment (3 sections) - GMAT style essay writing, logic questions and a section on financial analysis - think CFA
3) HR phone call - Behavioural questions, call was conducted in Chinese to test proficiency
3) Panel interview
4) Presentation to panel on a given case study (2 weeks to prepare)
Interview Questions
1) Why investing - what got you interested in investing and what has changed since then?
1a) What would you have done differently if you were to go back in time till you started investing?
1b) What is an area of coverage that you are interested in recently?
2) For case study - what are the areas of competitive advantage does this company have? Do they have any barriers to entry? Are they able to sustain their revenue growth?

Summer Intern Interview - Mutual Funds

Anonymous employee in Chicago
Interviewed: December 2022
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
1 on 1 Interview
Other
Interview
Pretty straightforward behavioral interviews. 3 interviews: 1) Hirevue with 3 basic questions (why Morningstar etc) 2) Interview with someone in the firm with a couple years of experience (tell me about a time etc) 3) Behavioral interview with HR or some senior person in the firm
Interview Questions
None - all were fairly straightforward behavioral questions

Summer Intern Interview - Equity Research

Anonymous employee in Chicago
Interviewed: November 2023
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
I had my first interview with HR. They asked behavioral questions - determining if I was a good fit for Morningstar.
Interview Questions
They weren't any difficult questions per se. Questions largely focused on future plans, past experiences. Interviewers are trying to determine if you are actually interested to work at Morningstar

MDP Interview - Investment Research

Anonymous employee in Chicago
Interviewed: December 2022
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
2-3 months
Application
Phone Interview
1 on 1 Interview
Interview
The interview contains three stages. After sending your resume, they will send you a one-way interview if you are selected. If you pass through the first round, they will send out two more virtual interviews to talk with current MDPs. The interviewers are really nice and compassionate, and I can definitely imagine myself working with this firm!
Interview Questions
What are some concrete ways you can improve your time management skills?

Morningstar Development Program Interview - Generalist

Anonymous interview candidate in City of Chicago
Interviewed: October 2021
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Group Interview
Presentation
IQ / Intelligence Test
Personality Test
Interview
submitted application on website - 1st round (w. senior analyst) - final round (group case, 4 interviews with director/senior analyst from different team) - rejected after one week

personally don't like the process and I got into the final round when they sent a reject letter before my 1st round; asking for my i20 to confirm my degree after the final round but still being rejected
Interview Questions
WHY MDP?
video
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