Alvarez & Marsal Mumbai Associate Salaries by 20+ Employees (Updated 2025)

0 - 5 years exp.

₹10 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (80%)

₹10.8 Lakhs

Variable (20%)

₹2.7 Lakhs

72% more than the average Associate Salary in Management Consulting Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Associate Salary 0 - 4 years exp. (11 salaries)	₹10 L/yr - ₹20 L/yr
Login to view exact salary
Consulting Associate Salary 1 - 4 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr

Last Updated: 4 Mar 2025

Companies similar to Alvarez & Marsal for Associate in Mumbai

Alvarez & Marsal Associate Salary

0 - 5 years exp. (25 salaries)

₹10 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
KPMG India Associate Salary 0 - 6 years exp. (74 salaries)	₹5 L/yr - ₹19.9 L/yr 17% less	1 job opening
Ernst & Young Associate Salary 0 - 7 years exp. (310 salaries)	₹4.8 L/yr - ₹20 L/yr 14% less	27 job openings
Login to view exact salary
Deloitte Associate Salary 0 - 4 years exp. (36 salaries)	₹7 L/yr - ₹12 L/yr 38% less
PwC Associate Salary 0 - 8 years exp. (1.6k salaries)	₹5.8 L/yr - ₹19 L/yr 14% less	201 job openings
McKinsey & Company Associate Salary 1 - 7 years exp. (45 salaries)	₹20.5 L/yr - ₹82.2 L/yr 268% more
BCG Associate Salary 0 - 4 years exp. (20 salaries)	₹10 L/yr - ₹29 L/yr 35% more
Bain & Company Associate Salary 0 - 5 years exp. (13 salaries)	₹13 L/yr - ₹25 L/yr 32% more	5 job openings
Accenture Associate Salary 0 - 6 years exp. (814 salaries)	₹1 L/yr - ₹8.5 L/yr 71% less	70 job openings
Capgemini Associate Salary 0 - 4 years exp. (88 salaries)	₹1 L/yr - ₹7.2 L/yr 73% less
Blackrock Associate Salary 3 - 13 years exp. (239 salaries)	₹9 L/yr - ₹31 L/yr 34% more
BDO Associate Salary 0 - 8 years exp. (146 salaries)	₹4.8 L/yr - ₹14 L/yr 29% less
Login to view exact salary
Willis Towers Watson Associate Salary 0 - 6 years exp. (76 salaries)	₹2 L/yr - ₹6 L/yr 72% less
VISTRA INTERNATIONAL EXPANSION Associate Salary 1 - 8 years exp. (41 salaries)	₹2.2 L/yr - ₹5 L/yr 69% less
Grant Thornton Associate Salary 0 - 6 years exp. (15 salaries)	₹2.9 L/yr - ₹11 L/yr 43% less	6 job openings
ZS Associate Salary 0 - 4 years exp. (12 salaries)	₹8 L/yr - ₹14.9 L/yr 2% more
Mercer Associate Salary 9 - 12 years exp. (6 salaries)	₹17 L/yr - ₹40 L/yr 134% more
Frost & Sullivan Associate Salary 0 - 2 years exp. (5 salaries)	₹4.8 L/yr - ₹6.5 L/yr 60% less
RSM US in India Associate Salary 1 - 3 years exp. (4 salaries)	₹5.5 L/yr - ₹11.3 L/yr 23% less	11 job openings
Guidehouse Associate Salary 2 - 5 years exp. (3 salaries)	₹3.7 L/yr - ₹4 L/yr 72% less

Associate salary at Alvarez & Marsal ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 25 latest salaries received from various employees of Alvarez & Marsal.

Experience wise Alvarez & Marsal Associate salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹13.3 L/yr - ₹15 L/yr
1 year (4 salaries)	₹10 L/yr - ₹17 L/yr
Login to view exact salary
2 years (4 salaries)	₹11 L/yr - ₹17 L/yr
3 years (8 salaries)	₹10 L/yr - ₹20 L/yr
4 years (5 salaries)	₹10 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr

View all

Similar Designation salaries in Alvarez & Marsal

Senior Associate Salary

(59 salaries)

₹15 L/yr - ₹35.6 L/yr

Top skills at Alvarez & Marsal for Associate

Consulting Accounting Private Equity Claims Analytical skills

Salary related reviews for Alvarez & Marsal

3.4

Rated by 2 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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about Alvarez & Marsal?

Ask anonymously on communities.

Alvarez & Marsal Associate Salary FAQs

What is the salary of Associate at Alvarez & Marsal Mumbai?

Associate salary at Alvarez & Marsal in Mumbai ranges between ₹10.0 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 72% more than the average Associate Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Alvarez & Marsal Mumbai.

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

The average salary of a Associate at Alvarez & Marsal is 72% more than the average salary of a Associate in Mumbai. 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 Mumbai.

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

McKinsey & Company Associate Salary - ₹20.5 Lakhs to ₹82.2 Lakhs per year
Mercer Associate Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
BCG Associate Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
Blackrock Associate Salary - ₹9.0 Lakhs to ₹31.0 Lakhs per year
Bain & Company Associate Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year

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

ZS Associate Salary - ₹8.0 Lakhs to ₹14.9 Lakhs per year
Ernst & Young Associate Salary - ₹4.8 Lakhs to ₹20.0 Lakhs per year
PwC Associate Salary - ₹5.8 Lakhs to ₹19.0 Lakhs per year
KPMG India Associate Salary - ₹5.0 Lakhs to ₹19.9 Lakhs per year
RSM US in India Associate Salary - ₹5.5 Lakhs to ₹11.3 Lakhs per year

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

The estimated take-home salary of a Associate at Alvarez & Marsal ranges between ₹94,643 per month to ₹97,191 per month in Mumbai. The take-home salary calculation is based on the average Alvarez & Marsal Associate salary in India which ranges between ₹10.0 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 in Mumbai?

According to AmbitionBox, 83% of the Alvarez & Marsal Associates in Mumbai reported a notice period of 2 Months, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Alvarez & Marsal Salaries >
Alvarez & Marsal Associate Salaries >
Alvarez & Marsal Associate Salaries in Mumbai

Alvarez & Marsal Associate salary in Mumbai ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.