📍
Madrid, Spain

Data Analyst Intern

Internship
Finance
Data / Analytics
Posted:
December 28, 2025

Morningstar

Investment research & data provider
76.4
Palpable Score
Apply >view company >

The Role:

We are accepting recent graduates. While we look for individuals who have an interest in investing, your major is not as important as your ability to apply concepts to real-life scenarios. We welcome all fields of study. If you are selected for the program, you will be placed in a role that involves developing subject matter expertise on Morningstar data to support our clients and learning deep knowledge of Morningstar’s product and especially data landscape. The internship is designed to equip participants with the skills and knowledge to become future leaders at Morningstar. All positions are based in our Madrid office.


Responsibilities:


• Build deep expertise of Morningstar’s products, customer and especially data landscape.
• Gain experience in project management and provide input into the data process.
• Contribute to ongoing training sessions, stretch projects, and round-table discussions while developing a strong foundation of knowledge to build on and use in your Morningstar career.
• Develop critical skills and areas of expertise that will help prepare you for advancement into positions across the organization.
• Ensure high levels of data accuracy, completeness and coverage.
• Meet the predetermined production deadlines for internal and external clients.


Requirements:


• A completed bachelor’s and master's degree.
• An outstanding academic record.
• Fluency in English and German is required, or English and Spanish plus one additional EU language.
• Strong communication skills, both written and oral, together with good relationship-building skills.
• Medium-High level of SQL is desirable.
• Creativity and strong analytical ability.
• Independent thinking and strong initiative.
• Excellent collaboration skills.
• Ability to adapt well to different situations and thrive in a challenging, fast-paced environment.

About the company

Morningstar

Company overview
Morningstar provides independent investment insights, data, ratings, and software used by individual investors and institutions. The company also runs products and businesses such as PitchBook, Sustainalytics, and DBRS Morningstar alongside Morningstar-branded research and analytics. Morningstar serves financial advisors, asset managers, institutional investors, and fintech teams building investor-facing products. The company is headquartered in Chicago and operates globally.

Locations and presence

Morningstar operates across 40-plus offices worldwide, with a major hub in Chicago and a long list of regional offices across North America, Europe, and Asia-Pacific. Many roles follow a hybrid setup with regular in-office collaboration, commonly framed as at least three days per week, with some postings indicating four days in-office in most locations.

Palpable Score

76.4
/ 100
Morningstar offers clear, recurring early-career entry points through both internships and a structured two-year graduate program, with plenty of detail on mentoring, training, and early ownership of work. Hiring transparency is better than average because the company publishes a process outline and promises closure, but candidate feedback suggests the experience can be inconsistent. Pay looks broadly market-aligned for early roles and internships, yet public salary-range transparency and outcomes data like conversion rates and retention are limited.
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