Managing Director
Annual salary range
₹4 Lakhs - ₹1.5 Crore
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byManaging Director Salary in Mumbai (Updated 2025)
based on 551
latest salaries
• updated:
29 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Managing Director Salary in Mumbai ranges between ₹4 Lakhs to ₹1.5 Crore for 3 years of experience to 28 years of experience. Salary estimates are based on 551 latest salaries received from Managing Director.
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 |
|---|---|---|
Goldman Sachs Managing Director Salary
15 years exp |  | |
JPMorgan Chase & Co. Managing Director Salary
15 years exp | | |
 Managing Director Salary
15 years exp | | |
 Managing Director Salary
15 years exp | | |
 Managing Director Salary
15 years exp | | |
Is this list helpful? | ||
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
17 -
18
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
|
19 -
20
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹68.4 L/yr - ₹75.6 L/yr | |
Login to view exact salary
| ||
|
15 -
18
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27 L/yr - ₹34.5 L/yr | |
|
16 -
18
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹19.8 L/yr - ₹25.3 L/yr | |
|
14 -
21
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹50.8 L/yr - ₹56.2 L/yr | |
|
25 -
27
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹95.5 L/yr - ₹1.1 Cr/yr | |
|
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
|
27 -
29
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹93.1 L/yr - ₹1 Cr/yr | |
Login to view exact salary
| ||
|
25 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹72.2 L/yr - ₹79.8 L/yr | |
|
11 -
12
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
Latest annual salaries shared by Managing Directors
1d ago
Acu-Mdx Laboratory and Research Center
Managing Director
19 years exp.
1d ago
SBPP Co-operative Bank
Managing Director
19 years exp.
2d ago
WildBeez Creative Services
Managing Director
7 years exp.
2d ago
State Street Global Advisors
Managing Director
23 years exp.
2d ago
Stakeboat Capital
Managing Director
14 years exp.
2d ago
Sprang Automations
Managing Director
23 years exp.
3d ago
Accenture
Managing Director
17 years exp.
3d ago
Trodat Marking India
Managing Director
28 years exp.
3d ago
Tar Tech Consultancy Services
Managing Director
26 years exp.
3d ago
Concrete Works Construction Chemicals
Managing Director
27 years exp.
View all latest salaries
Managing Director salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(8
salaries)
| ₹3.3 L/yr - ₹8 L/yr |
4
years
(8
salaries)
| ₹3.2 L/yr - ₹21 L/yr |
Login to view exact salary
| |
5
years
(21
salaries)
| ₹0.2 L/yr - ₹20 L/yr |
6
years
(16
salaries)
| ₹3.3 L/yr - ₹12 L/yr |
7
years
(12
salaries)
| ₹3.5 L/yr - ₹50 L/yr |
View all salaries by experience
Managing Director Jobs in Mumbai
Managing Director
· 15-18 years
Maier Vidorno
Mumbai
Managing Director
· 5-10 years
IIMT Group of Colleges
₹0.7
L/yr
- ₹1
L/yr
Meerut
Managing Director
· 15-28 years
Success Booster
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Director Salary
11 -
25
years
exp.
(358 salaries)
| ₹23 L/yr - ₹1 Cr/yr |
Managing Partner Salary
2 -
24
years
exp.
(358 salaries)
| ₹4 L/yr - ₹90 L/yr |
Login to view exact salary
| |
Associate Director Salary
8 -
20
years
exp.
(4.2k salaries)
| ₹17.5 L/yr - ₹55 L/yr |
Executive Director Salary
9 -
31
years
exp.
(560 salaries)
| ₹12 L/yr - ₹1.1 Cr/yr |
Director Salary
7 -
25
years
exp.
(4.3k salaries)
| ₹10.1 L/yr - ₹94.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Managing Director
Accenture
Manager in Bangalore / Bengaluru
• posted on 17 Jan 2025
Likes
Org is Serious about quality of client delivery. Salary and hikes are better than peers. Promotions based on work
read more- Salary - Good
+5 more
Dislikes
The culture has diluted over last 15 years. Its not the Accenture that it was 15 years back.. HR has no say now and its all senior management driven
read moreJPMorgan Chase & Co.
Manager in Bangalore / Bengaluru
• posted on 22 Dec 2024
Likes
Company is good. It has good policies for their employees. Providing decent salary, good bonus and other great perquisites. Employees transportation and insurance cost is borne by the company and not charged from employees. Every employee is covered not just under medical insurance but under term life insurance also.
read more- Salary - Good
+4 more
Dislikes
1. No leave encashment policy. Balance leaves will be encashed only if you are leaving the company. 2. With respect to work life balance this company is not too good. 3. This company is not an HR oriented company. Meaning it is little bit difficult to approach HR. I am not much aware of whether HR is taking any sessions or interacting with operations employees to know the working situation.
read morePwC
Manager in Pune
• posted on 14 Feb 2025
Likes
Pay is decent with good bonus.Reasonable good hike and promotions.
- Salary - Good
+2 more
Dislikes
Limited no.of projects and opportunities within BFS domain. Travel intensive resulting in fatigue,burn out and ill-health.
read moreDeloitte
Management Consultant in Bangalore / Bengaluru
• posted on 16 Oct 2024
- Salary - Excellent
+6 more
Dislikes
Sometimes the US client timings can make your working days longer
Top skills for Managing Director
Managing Director Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Managing Director
3 -
29
years
exp.
| ₹4.6 L/yr - ₹1.2 Cr/yr |
New Delhi
Managing Director
3 -
29
years
exp.
| ₹3.5 L/yr - ₹1 Cr/yr |
Login to view exact salary
| |
Pune
Managing Director
3 -
28
years
exp.
| ₹4.4 L/yr - ₹1.1 Cr/yr |
Chennai
Managing Director
3 -
28
years
exp.
| ₹2.5 L/yr - ₹1 Cr/yr |
Hyderabad / Secunderabad
Managing Director
3 -
27
years
exp.
| ₹3.1 L/yr - ₹1 Cr/yr |
View More
Managing Director Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Managing Director
3 -
28
years
exp.
| ₹10 L/yr - ₹1.3 Cr/yr |
Financial Services Managing Director
3 -
28
years
exp.
| ₹4.5 L/yr - ₹3 Cr/yr |
Login to view exact salary
| |
Software Product Managing Director
3 -
28
years
exp.
| ₹7.5 L/yr - ₹1.3 Cr/yr |
Management Consulting Managing Director
5 -
27
years
exp.
| ₹42 L/yr - ₹1.5 Cr/yr |
Analytics & KPO Managing Director
3 -
27
years
exp.
| ₹22 L/yr - ₹1.3 Cr/yr |
View More
Frequently Asked Questions (FAQS) about Managing Director Salaries
What is the salary of a Managing Director in India?
The salary of a Managing Director in India varies based on experience, location, company & Industry.
On average, Managing Director salaries ranges from ₹4.0 Lakhs to ₹150.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.0 Lakhs to ₹150.0 Lakhs per year, with the highest salary reaching ₹50.0 Lakhs to ₹218.5 Lakhs per year. Salary estimates are based on 551 salaries received from various Managing Directors across industries.
The average starting salary is around ₹4.0 Lakhs to ₹150.0 Lakhs per year, with the highest salary reaching ₹50.0 Lakhs to ₹218.5 Lakhs per year. Salary estimates are based on 551 salaries received from various Managing Directors across industries.
What are the top paying companies that employ Managing Directors?
Managing Director Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Goldman Sachs Managing Director Salary | ₹50 Lakhs to ₹2.2 Lakhs per year |
| JPMorgan Chase & Co. Managing Director Salary | ₹50 Lakhs to ₹1.9 Lakhs per year |
| State Street Corporation Managing Director Salary | ₹70 Lakhs to ₹1.3 Lakhs per year |
| PwC Managing Director Salary | ₹65 Lakhs to ₹1.6 Lakhs per year |
| Deloitte Managing Director Salary | ₹42 Lakhs to ₹1.6 Lakhs per year |
What are the top paying cities for Managing Director in India?
The annual salary for Managing Director in India varies by location. Top paying cities for Managing Director are
Salary expectations for Managing Director may vary based on job roles, experience, and specific employer requirements.
| Managing Director Salary in Noida | ₹2.4 Lakhs to ₹102.0 Lakhs per year |
| Managing Director Salary in Gurgaon / Gurugram | ₹5.7 Lakhs to ₹125.0 Lakhs per year |
| Managing Director Salary in New Delhi | ₹3.5 Lakhs to ₹102.0 Lakhs per year |
| Managing Director Salary in Bangalore / Bengaluru | ₹4.6 Lakhs to ₹118.0 Lakhs per year |
| Managing Director Salary in Pune | ₹4.4 Lakhs to ₹105.0 Lakhs per year |
What are the top paying industries for Managing Director in India?
Top 5 paying Industries for Managing Director in India are:
| Managing Director Salary in Financial Services | ₹4.5 Lakhs to ₹300.0 Lakhs per year |
| Managing Director Salary in Consulting | ₹8.0 Lakhs to ₹210.0 Lakhs per year |
| Managing Director Salary in Management Consulting | ₹42.0 Lakhs to ₹150.0 Lakhs per year |
| Managing Director Salary in Analytics & KPO | ₹22.0 Lakhs to ₹130.0 Lakhs per year |
| Managing Director Salary in Software Product | ₹7.5 Lakhs to ₹130.0 Lakhs per year |
How does experience affect salaries of a Managing Director in India?
Experience significantly impacts a Managing Director salary in India. Salaries increase with experience, as Managing Director take on more complex tasks, responsibilities, and leadership roles.
Managing Director salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹3.3 Lakhs to ₹8.0 Lakhs per year |
| 4 years | ₹3.2 Lakhs to ₹21.0 Lakhs per year |
| 5 years | ₹0.2 Lakhs to ₹20.0 Lakhs per year |
| 6 years | ₹3.3 Lakhs to ₹12.0 Lakhs per year |
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