Management Consultant
Annual salary range
₹8 Lakhs - ₹43 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byManagement Consultant Salary in Mumbai (Updated 2025)
based on 1.1k
latest salaries
• updated:
20 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Management Consultant Salary in Mumbai ranges between ₹8 Lakhs to ₹43 Lakhs for 2 years of experience to 16 years of experience. Salary estimates are based on 1.1k latest salaries received from Management Consultant.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
BCG Management Consultant Salary
5 years exp |  | |
Bain & Company Management Consultant Salary
5 years exp | | |
 Management Consultant Salary
5 years exp | | |
 Management Consultant Salary
5 years exp | | |
 Management Consultant Salary
5 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
2 -
13
yrs
exp.
.
Mumbai
(378 salaries)
|
₹14 L/yr - ₹47 L/yr | |
0 -
8
yrs
exp.
.
Mumbai
(96 salaries)
|
₹10 L/yr - ₹35 L/yr | |
Login to view exact salary
| ||
0 -
7
yrs
exp.
.
Mumbai
(65 salaries)
|
₹10 L/yr - ₹36 L/yr | |
2 -
7
yrs
exp.
.
Mumbai
(53 salaries)
|
₹10 L/yr - ₹29.6 L/yr | |
1 -
10
yrs
exp.
.
Mumbai
(52 salaries)
|
₹9.5 L/yr - ₹26.4 L/yr | |
3 -
8
yrs
exp.
.
Mumbai
(40 salaries)
|
₹18.5 L/yr - ₹39 L/yr | |
2 -
20
yrs
exp.
.
Mumbai
(40 salaries)
|
₹12.5 L/yr - ₹36 L/yr | 1 job opening |
12 -
20
yrs
exp.
.
Mumbai
(31 salaries)
|
₹17 L/yr - ₹37 L/yr | 3 job openings |
Login to view exact salary
| ||
2 -
8
yrs
exp.
.
Mumbai
(26 salaries)
|
₹12 L/yr - ₹26 L/yr | |
12 -
24
yrs
exp.
.
Mumbai
(22 salaries)
|
₹20 L/yr - ₹39.2 L/yr | |
Latest annual salaries shared by Management Consultants
1d ago
Accenture
Management Consultant
6 years exp.
1d ago
Accenture
Management Consultant
10 years exp.
1d ago
Accenture
Management Consultant
11 years exp.
1d ago
Accenture
Management Consultant
12 years exp.
1d ago
Accenture
Management Consultant
5 years exp.
1d ago
PwC
Management Consultant
2 years exp.
1d ago
Accenture
Management Consultant
12 years exp.
1d ago
Accenture
Management Consultant
9 years exp.
1d ago
PwC
Management Consultant
7 years exp.
2d ago
Accenture
Management Consultant
3 years exp.
View all latest salaries
Management Consultant salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(111
salaries)
| ₹3 L/yr - ₹32 L/yr |
3
years
(121
salaries)
| ₹7.1 L/yr - ₹33 L/yr |
Login to view exact salary
| |
4
years
(138
salaries)
| ₹10 L/yr - ₹36 L/yr |
5
years
(146
salaries)
| ₹8.5 L/yr - ₹38 L/yr |
6
years
(113
salaries)
| ₹11.3 L/yr - ₹45 L/yr |
View all salaries by experience
Management Consultant Jobs in Mumbai
Management Consultant
· 3-6 years
Arcadis Consulting India Pvt. Ltd
Mumbai
Management Consultant
· 8-12 years
IBM India Pvt. Limited
Mumbai
Management Consultant
· 10-20 years
DEUTSCHE BANK AG
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Strategy Consultant Salary
1 -
10
years
exp.
(340 salaries)
| ₹7.5 L/yr - ₹45 L/yr |
Management Consulting Analyst Salary
1 -
6
years
exp.
(195 salaries)
| ₹14.9 L/yr - ₹33 L/yr |
Login to view exact salary
| |
Senior Consultant Salary
4 -
12
years
exp.
(14.6k salaries)
| ₹6.6 L/yr - ₹28 L/yr |
Business Consultant Salary
1 -
15
years
exp.
(726 salaries)
| ₹3 L/yr - ₹28.9 L/yr |
Functional Consultant Salary
2 -
9
years
exp.
(578 salaries)
| ₹3.5 L/yr - ₹15 L/yr |
View more similar designations
Salary related reviews by similar designations like Management Consultant
KPMG India
Associate Consultant in Mumbai
• posted on 04 Dec 2024
Likes
It gives you opportunities to work on multiple projects which will enhance your skills and knowledge.
- Skill development - Good
+1 more
Dislikes
Mentality to work beyond your office timing. Management expect you to work 12 hours but will salary for 8 hours.
read more- Company culture - Poor
+1 more
Deloitte
Consultant in Pune
• posted on 30 Jan 2025
Likes
Hybrid work culture, good salaries and work life balance, Decent salary increments, few additional benifits like mobile phone reimbursement and well being reimbursement are few good things.
read more- Salary - Excellent
+5 more
Dislikes
Don't have anything to dislike
Renoir Consulting
Management Consultant in New Delhi
• posted on 17 Mar 2025
Likes
Excellent Perks. Competitive Salary. Stay is luxurious hotels. Air Travel every week (not in other consultancy firms). Freedom to spend daily allowance ( good amount). Small Organization, great to learn, Super Supportive People.
read more- Salary - Excellent
+6 more
Dislikes
Travel is hectic (like other consultancy firms). If bad luck (I guess), you might get a not supportive Team / Manager. However, channels are present to address grievances. Work Load depends on project and YOUR SKILL of how you manage things. Be smart in working.
read moreCapgemini
Associate Consultant in Pune
• posted on 18 Dec 2024
Likes
The work life balance is great!
- Skill development - Good
+5 more
Dislikes
Obviously the compensation part of it. As a well performing employee in the company I believe I deserve better compensation but I'm still stuck at below par salary package
read moreCognizant
Consultant in Noida
• posted on 13 Dec 2024
Likes
Get to work on projects for good companies. This gives an overall exposure into some of the biggest businesses around the world
read more- Skill development - Good
+1 more
Dislikes
1. Compensation is very poor 2. No work life balance 3. No policy for over-time work 4. No policy for late night shifts 5. No additional benifits 6. No additional gifts / bonuses / cheers points for festivals etc.
read more- Work-life balance - Poor
Top skills for Management Consultant
Management Consultant Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Management Consultant
2 -
17
years
exp.
| ₹12 L/yr - ₹41 L/yr |
Gurgaon / Gurugram
Management Consultant
2 -
17
years
exp.
| ₹14 L/yr - ₹44.5 L/yr |
Login to view exact salary
| |
New Delhi
Management Consultant
2 -
17
years
exp.
| ₹7 L/yr - ₹42 L/yr |
Pune
Management Consultant
2 -
16
years
exp.
| ₹5.7 L/yr - ₹39 L/yr |
Hyderabad / Secunderabad
Management Consultant
2 -
16
years
exp.
| ₹7 L/yr - ₹40.6 L/yr |
View More
Management Consultant Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Management Consultant
2 -
17
years
exp.
| ₹13.5 L/yr - ₹41 L/yr |
Management Consulting Management Consultant
2 -
16
years
exp.
| ₹13 L/yr - ₹42 L/yr |
Login to view exact salary
| |
Software Product Management Consultant
2 -
17
years
exp.
| ₹15.2 L/yr - ₹42 L/yr |
Analytics & KPO Management Consultant
2 -
16
years
exp.
| ₹16.5 L/yr - ₹42 L/yr |
Consulting Management Consultant
2 -
16
years
exp.
| ₹9.5 L/yr - ₹48.6 L/yr |
View More
Frequently Asked Questions (FAQS) about Management Consultant Salaries
What is the salary of a Management Consultant in India?
The salary of a Management Consultant in India varies based on experience, location, company & Industry.
On average, Management Consultant salaries ranges from ₹8.0 Lakhs to ₹43.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹8.0 Lakhs to ₹43.0 Lakhs per year, with the highest salary reaching ₹21.0 Lakhs to ₹79.0 Lakhs per year. Salary estimates are based on 1.1k salaries received from various Management Consultants across industries.
The average starting salary is around ₹8.0 Lakhs to ₹43.0 Lakhs per year, with the highest salary reaching ₹21.0 Lakhs to ₹79.0 Lakhs per year. Salary estimates are based on 1.1k salaries received from various Management Consultants across industries.
What are the top paying companies that employ Management Consultants?
Management Consultant Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| BCG Management Consultant Salary | ₹21 Lakhs to ₹79 Lakhs per year |
| Bain & Company Management Consultant Salary | ₹23 Lakhs to ₹82.7 Lakhs per year |
| McKinsey & Company Management Consultant Salary | ₹25 Lakhs to ₹42.5 Lakhs per year |
| ABC Consultants Management Consultant Salary | ₹25 Lakhs to ₹42 Lakhs per year |
| Accenture Management Consultant Salary | ₹15.9 Lakhs to ₹46 Lakhs per year |
What are the top paying cities for Management Consultant in India?
The annual salary for Management Consultant in India varies by location. Top paying cities for Management Consultant are
Salary expectations for Management Consultant may vary based on job roles, experience, and specific employer requirements.
| Management Consultant Salary in Bangalore / Bengaluru | ₹12.0 Lakhs to ₹41.0 Lakhs per year |
| Management Consultant Salary in Gurgaon / Gurugram | ₹14.0 Lakhs to ₹44.5 Lakhs per year |
| Management Consultant Salary in New Delhi | ₹7.0 Lakhs to ₹42.0 Lakhs per year |
| Management Consultant Salary in Pune | ₹5.7 Lakhs to ₹39.0 Lakhs per year |
| Management Consultant Salary in Hyderabad / Secunderabad | ₹7.0 Lakhs to ₹40.6 Lakhs per year |
What are the top paying industries for Management Consultant in India?
Top 5 paying Industries for Management Consultant in India are:
| Management Consultant Salary in IT Services & Consulting | ₹13.5 Lakhs to ₹41.0 Lakhs per year |
| Management Consultant Salary in Management Consulting | ₹13.0 Lakhs to ₹42.0 Lakhs per year |
| Management Consultant Salary in Software Product | ₹15.2 Lakhs to ₹42.0 Lakhs per year |
| Management Consultant Salary in Analytics & KPO | ₹16.5 Lakhs to ₹42.0 Lakhs per year |
| Management Consultant Salary in Consulting | ₹9.5 Lakhs to ₹48.6 Lakhs per year |
How does experience affect salaries of a Management Consultant in India?
Experience significantly impacts a Management Consultant salary in India. Salaries increase with experience, as Management Consultant take on more complex tasks, responsibilities, and leadership roles.
Management Consultant salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.0 Lakhs to ₹32.0 Lakhs per year |
| 3 years | ₹7.1 Lakhs to ₹33.0 Lakhs per year |
| 4 years | ₹10.0 Lakhs to ₹36.0 Lakhs per year |
| 5 years | ₹8.5 Lakhs to ₹38.0 Lakhs per year |
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