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

0 - 4 years exp.

₹10 Lakhs - ₹20 Lakhs

Salary of majority employees

73% more than the average Associate Salary in Management Consulting Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 4 years exp. (11 salaries)	₹10 L/yr - ₹20 L/yr
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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 - 4 years exp. (24 salaries)

₹10 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
PwC Associate Salary 0 - 8 years exp. (1.7k salaries)	₹5.3 L/yr - ₹20 L/yr 19% less	163 job openings
Ernst & Young Associate Salary 0 - 7 years exp. (328 salaries)	₹4.8 L/yr - ₹19 L/yr 22% less	32 job openings
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Willis Towers Watson Associate Salary 0 - 6 years exp. (76 salaries)	₹2 L/yr - ₹6 L/yr 73% less
KPMG India Associate Salary 0 - 6 years exp. (75 salaries)	₹5 L/yr - ₹19.8 L/yr 11% less	1 job opening
McKinsey & Company Associate Salary 1 - 9 years exp. (50 salaries)	₹23 L/yr - ₹79.5 L/yr 274% more
VISTRA INTERNATIONAL EXPANSION Associate Salary 1 - 8 years exp. (41 salaries)	₹2.2 L/yr - ₹5 L/yr 70% less
Deloitte Associate Salary 0 - 5 years exp. (40 salaries)	₹6.2 L/yr - ₹13.5 L/yr 37% less
BCG Associate Salary 0 - 4 years exp. (22 salaries)	₹8.8 L/yr - ₹27.6 L/yr 28% more
Bain & Company Associate Salary 0 - 4 years exp. (13 salaries)	₹13 L/yr - ₹25 L/yr 30% more	5 job openings
ZS Associate Salary 0 - 4 years exp. (13 salaries)	₹8 L/yr - ₹14.9 L/yr At par	1 job opening
Mercer Associate Salary 9 - 12 years exp. (6 salaries)	₹17 L/yr - ₹40 L/yr 143% more
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Frost & Sullivan Associate Salary 0 - 2 years exp. (4 salaries)	₹4.8 L/yr - ₹6.5 L/yr 61% less
RSM US in India Associate Salary 1 - 3 years exp. (4 salaries)	₹5.5 L/yr - ₹11.8 L/yr 22% less	10 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 4 years. Salary estimates are based on 24 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
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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

From

Associate

0 - 4 years exp.

Senior Associate

2 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Alvarez & Marsal

Senior Associate Salary

(59 salaries)

₹14.5 L/yr - ₹35.6 L/yr

Associate Consultant Salary

(3 salaries)

₹18.5 L/yr - ₹25 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.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Alvarez & Marsal Associate Salary FAQs

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

The average salary of a Associate at Alvarez & Marsal in Mumbai typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Associate in Mumbai at Alvarez & Marsal earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Associate Salaries at Alvarez & Marsal can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Alvarez & Marsal employees in India.

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 in Mumbai typically ranges from ₹95,907 to ₹98,496 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Alvarez & Marsal. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate at Alvarez & Marsal in Mumbai?

To be a Associate at Alvarez & Marsal in Mumbai, the key skills required include:

- Consulting
- Accounting
- Private Equity
- Claims
- Analytical skills

These skills are highly valued at Alvarez & Marsal and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Alvarez & Marsal for Associate in India?

McKinsey & Company	₹23.0 Lakhs to ₹79.5 Lakhs per year
Mercer	₹17.0 Lakhs to ₹40.0 Lakhs per year
Bain & Company	₹13.0 Lakhs to ₹25.0 Lakhs per year
BCG	₹8.8 Lakhs to ₹27.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Alvarez & Marsal, depending on the role and experience level.

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

The salary of a Associate at companies similar to Alvarez & Marsal in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ZS	₹8.0 Lakhs to ₹14.9 Lakhs per year
KPMG India	₹5.0 Lakhs to ₹19.8 Lakhs per year
PwC	₹5.3 Lakhs to ₹20.0 Lakhs per year
RSM US in India	₹5.5 Lakhs to ₹11.8 Lakhs per year
Ernst & Young	₹4.8 Lakhs to ₹19.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate at Alvarez & Marsal in Mumbai?

The salary growth for a Associate at Alvarez & Marsal in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Alvarez & Marsal:

Experience	Average Salary Range
Fresher	₹13.3 Lakhs to ₹15.0 Lakhs per year
1 year	₹10.0 Lakhs to ₹17.0 Lakhs per year
2 years	₹11.0 Lakhs to ₹17.0 Lakhs per year
3 years	₹10.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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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 24 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.