Alvarez & Marsal Associate Salaries by 60+ Employees (Updated 2025)

0 - 5 years exp.

₹9.5 Lakhs - ₹20 Lakhs

Salary of majority employees

75% more than the average Associate Salary in Management Consulting Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 5 years exp. (18 salaries)	₹10 L/yr - ₹20 L/yr
Consulting Associate Salary 0 - 4 years exp. (11 salaries)	₹10.5 L/yr - ₹16 L/yr
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BFSI, Investments & Trading Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹13.6 L/yr
Data Science & Analytics Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹13.2 L/yr

Last Updated: 20 Feb 2025

Companies similar to Alvarez & Marsal for Associate

Company name	Avg Annual Salary	Open Jobs
KPMG India Associate Salary 0 - 6 years exp. (585 salaries)	₹5 L/yr - ₹19 L/yr 15% less	1 job opening
Ernst & Young Associate Salary 0 - 10 years exp. (1.9k salaries)	₹3.7 L/yr - ₹15.1 L/yr 31% less	28 job openings
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Deloitte Associate Salary 0 - 5 years exp. (459 salaries)	₹3.5 L/yr - ₹12 L/yr 36% less
PwC Associate Salary 0 - 8 years exp. (13.1k salaries)	₹4.8 L/yr - ₹17 L/yr 19% less	207 job openings
McKinsey & Company Associate Salary 1 - 7 years exp. (227 salaries)	₹24 L/yr - ₹69.9 L/yr 271% more
BCG Associate Salary 0 - 4 years exp. (132 salaries)	₹8 L/yr - ₹30 L/yr 30% more
Bain & Company Associate Salary 0 - 5 years exp. (663 salaries)	₹7.8 L/yr - ₹25 L/yr 34% more	5 job openings
Accenture Associate Salary 0 - 6 years exp. (5.8k salaries)	₹0.8 L/yr - ₹7 L/yr 69% less	54 job openings
Capgemini Associate Salary 0 - 4 years exp. (2k salaries)	₹0.6 L/yr - ₹7 L/yr 73% less
IBM Associate Salary 1 - 5 years exp. (216 salaries)	₹1.8 L/yr - ₹9 L/yr 58% less

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Associate salary at Alvarez & Marsal ranges between ₹9.5 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 61 latest salaries received from various employees of Alvarez & Marsal.

Experience wise Alvarez & Marsal Associate salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (17 salaries)	₹10 L/yr - ₹18 L/yr
1 year (10 salaries)	₹10 L/yr - ₹18 L/yr
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2 years (9 salaries)	₹9.5 L/yr - ₹17 L/yr
3 years (13 salaries)	₹10 L/yr - ₹20 L/yr
4 years (8 salaries)	₹10 L/yr - ₹17 L/yr
5 years (4 salaries)	₹9.5 L/yr - ₹16 L/yr

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Similar Designation salaries in Alvarez & Marsal

Senior Associate Salary

(123 salaries)

₹15 L/yr - ₹35.6 L/yr

Associate Consultant Salary

(4 salaries)

₹12 L/yr - ₹25 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Senior Consultant Salary

(4 salaries)

₹15 L/yr - ₹35 L/yr

Top skills at Alvarez & Marsal for Associate

Consulting Accounting Private Equity Claims Analytical skills

Salary related reviews for Alvarez & Marsal

3.7

Rated by 3 employees for salary & benefits

Manager in Mumbai

Disputes & Investigations Department

4.0

• posted on 26 May 2021

4.0

for Salary and Benefits

Likes

The company offers a good learning and growth environment. The kind of projects that people work on are very impactful and decide the future course of action for clients. The exposure one gets is really good. Overall from a growth and learning perspective, a good place to be in. As a part of the consulting job, one gets to travel a lot. The good part about A&M is that you get to stay at the best of the places - mostly 5-star hotels and live a good life while you are traveling on projects away from your family.

Salary - Good

+5 more

Dislikes

... than not, MDs are interested in maintaining their P&L above everything else. Even though overall salaries are decent (a bit below other strategy consulting firms), the salary structure is not very employee-friendly. The variable component is way too high (30-50% of your annual fixed salary) which doesn't go well.

Work-life balance - Poor

Senior Associate in New Delhi

Full Time

IT & Information Security Department

5.0

• posted on 11 Oct 2023

4.0

for Salary and Benefits

Likes

Culture at the firm, leadership backing you to take on new challenges, always on a lookout for something different, constant push towards skill development and learning, good bonus and remuneration with respect to other consulting firms.

Salary - Good

+5 more

Dislikes

Work-life balance is not upto the expectations, constantly challenging tasks are exhausting, stay on your feet 24*7.

Senior Manager- Business Transformation Services in Client Location

Full Time

Finance & Accounting Department

5.0

• posted on 28 Dec 2022

4.0

for Salary and Benefits

Likes

People working with you would be smartest people in the industry. You will get the responsibility quickly compared to your counterparts in industry. Faster growth opportunities. Opportunities to learn about multiple functions and Industries.

Salary - Good

+5 more

Dislikes

Work hours could be long and tiring. You will be required to work on multiple things simultaneously. Poor work life balance. Good for individuals who are unmarried and like traveling to country side.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Alvarez & Marsal Associate Salary FAQs

What is the salary of Associate at Alvarez & Marsal?

Associate salary at Alvarez & Marsal in India ranges between ₹9.5 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 75% more than the average Associate Salary in India. Salary estimates are based on 61 latest salaries received from various employees of Alvarez & Marsal India.

How does the salary of a Associate at Alvarez & Marsal India compare with the average salary range for this job?

The average salary of a Associate at Alvarez & Marsal is 75% more than the average salary of a Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at Alvarez & Marsal?

Consulting, Accounting, Private Equity, Claims and Analytical skills are some of the popular skills required to work as a Associate at Alvarez & Marsal India.

Which similar companies are paying more than Alvarez & Marsal to a Associate in India?

McKinsey & Company Associate Salary - ₹24.0 Lakhs to ₹69.9 Lakhs per year
WSP Associate Salary - ₹25.0 Lakhs to ₹41.5 Lakhs per year
Mercer Associate Salary - ₹14.9 Lakhs to ₹48.0 Lakhs per year
Blackrock Associate Salary - ₹10.0 Lakhs to ₹37.0 Lakhs per year
Bain & Company Associate Salary - ₹7.8 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Associate in companies similar to Alvarez & Marsal in India?

BCG Associate Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Huron Associate Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
ZS Associate Salary - ₹6.1 Lakhs to ₹17.0 Lakhs per year
ICF International Associate Salary - ₹5.4 Lakhs to ₹17.0 Lakhs per year
KPMG India Associate Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Associate at Alvarez & Marsal in India?

The estimated take-home salary of a Associate at Alvarez & Marsal ranges between ₹93,265 per month to ₹95,769 per month in India. The take-home salary calculation is based on the average Alvarez & Marsal Associate salary in India which ranges between ₹9.5 Lakhs to ₹20.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate at Alvarez & Marsal?

According to AmbitionBox, 43% of the Alvarez & Marsal Associates reported a notice period of 2 Months, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 37 responses on AmbitionBox in last 2 years.

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Alvarez & Marsal Associate Salaries

Alvarez & Marsal Associate salary in India ranges between ₹9.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 61 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.