Alvarez & Marsal Mumbai Manager Salaries by 70+ Employees (Updated 2025)

0 - 9 years exp.

₹19 Lakhs - ₹40 Lakhs

Salary of majority employees

Fixed (79%)

₹26.5 Lakhs

Variable (21%)

₹7.0 Lakhs

103% more than the average Manager Salary in Management Consulting Companies for 0 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Consulting Manager Salary 0 - 9 years exp. (53 salaries)	₹19 L/yr - ₹40 L/yr
Strategic & Top Management Manager Salary 4 - 8 years exp. (8 salaries)	₹28 L/yr - ₹37 L/yr
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Data Science & Analytics Manager Salary 0 - 8 years exp. (4 salaries)	₹26 L/yr - ₹35 L/yr
Finance & Accounting Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹31.5 L/yr
Project & Program Management Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹33.8 L/yr - ₹36.5 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Alvarez & Marsal for Manager in Mumbai

Alvarez & Marsal Manager Salary

0 - 9 years exp. (78 salaries)

₹19 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
KPMG India Manager Salary 4 - 18 years exp. (522 salaries)	₹12.5 L/yr - ₹48 L/yr 14% less	19 job openings
Deloitte Manager Salary 3 - 20 years exp. (1.3k salaries)	₹15.6 L/yr - ₹52 L/yr 7% less	5 job openings
Login to view exact salary
Ernst & Young Manager Salary 4 - 18 years exp. (1.2k salaries)	₹11.7 L/yr - ₹46 L/yr 17% less	102 job openings
PwC Manager Salary 4 - 17 years exp. (977 salaries)	₹16 L/yr - ₹52 L/yr 10% less	182 job openings
Accenture Manager Salary 8 - 22 years exp. (447 salaries)	₹15.2 L/yr - ₹55 L/yr 1% less	107 job openings
TCS Manager Salary 6 - 21 years exp. (387 salaries)	₹6.9 L/yr - ₹28 L/yr 52% less
Wipro Manager Salary 6 - 20 years exp. (90 salaries)	₹8.9 L/yr - ₹34 L/yr 42% less	11 job openings
Grant Thornton Manager Salary 4 - 14 years exp. (110 salaries)	₹15 L/yr - ₹32 L/yr 24% less	5 job openings
BDO Manager Salary 4 - 12 years exp. (58 salaries)	₹10.3 L/yr - ₹32 L/yr 32% less
Protiviti Manager Salary 5 - 12 years exp. (53 salaries)	₹12 L/yr - ₹27 L/yr 37% less
Willis Towers Watson Manager Salary 7 - 20 years exp. (37 salaries)	₹7 L/yr - ₹28 L/yr 49% less
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Protiviti India Member Manager Salary 5 - 9 years exp. (33 salaries)	₹14 L/yr - ₹25.9 L/yr 40% less
RSM India Manager Salary 3 - 11 years exp. (29 salaries)	₹8.4 L/yr - ₹22 L/yr 53% less	4 job openings
Blackrock Manager Salary 7 - 16 years exp. (20 salaries)	₹9.1 L/yr - ₹22 L/yr 50% less
Bain & Company Manager Salary 7 - 12 years exp. (12 salaries)	₹20.6 L/yr - ₹80 L/yr 47% more	1 job opening
VISTRA INTERNATIONAL EXPANSION Manager Salary 11 - 18 years exp. (11 salaries)	₹8 L/yr - ₹19 L/yr 55% less
Mercer Manager Salary 10 - 15 years exp. (6 salaries)	₹13 L/yr - ₹18.5 L/yr 52% less
Guidehouse Manager Salary 16 - 20 years exp. (3 salaries)	₹16.3 L/yr - ₹19 L/yr 50% less	3 job openings

Manager salary at Alvarez & Marsal ranges between ₹19 Lakhs to ₹40 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 78 latest salaries received from various employees of Alvarez & Marsal.

Experience wise Alvarez & Marsal Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹28 L/yr - ₹33 L/yr
1 year (5 salaries)	₹26 L/yr - ₹33 L/yr
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2 years (10 salaries)	₹24 L/yr - ₹36 L/yr
3 years (8 salaries)	₹19 L/yr - ₹37 L/yr
4 years (11 salaries)	₹21 L/yr - ₹36 L/yr
5 years (10 salaries)	₹23 L/yr - ₹39 L/yr
6 years (10 salaries)	₹28 L/yr - ₹38 L/yr
7 years (11 salaries)	₹20.6 L/yr - ₹37 L/yr
8 years (9 salaries)	₹29.2 L/yr - ₹40 L/yr
9 years (AmbitionBox Estimate)	₹30 L/yr - ₹61.6 L/yr

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Similar Designation salaries in Alvarez & Marsal

Senior Associate Salary

(59 salaries)

₹15 L/yr - ₹35.6 L/yr

Top skills at Alvarez & Marsal for Manager

Project Management Operations Recruitment Accounting Analytical skills

Salary related reviews for Alvarez & Marsal

3.7

Rated by 5 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

1w (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.

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Alvarez & Marsal Manager Salary FAQs

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

Manager salary at Alvarez & Marsal in Mumbai ranges between ₹19.0 Lakhs to ₹40.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 103% more than the average Manager Salary in India. Salary estimates are based on 78 latest salaries received from various employees of Alvarez & Marsal Mumbai.

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

The average salary of a Manager at Alvarez & Marsal is 103% more than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Project Management, Operations, Recruitment, Accounting and Analytical skills are some of the popular skills required to work as a Manager at Alvarez & Marsal Mumbai.

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

Bain & Company Manager Salary - ₹20.6 Lakhs to ₹80.0 Lakhs per year

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

Accenture Manager Salary - ₹15.2 Lakhs to ₹55.0 Lakhs per year
Deloitte Manager Salary - ₹15.6 Lakhs to ₹52.0 Lakhs per year
PwC Manager Salary - ₹16.0 Lakhs to ₹52.0 Lakhs per year
KPMG India Manager Salary - ₹12.5 Lakhs to ₹48.0 Lakhs per year
Ernst & Young Manager Salary - ₹11.7 Lakhs to ₹46.0 Lakhs per year

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

The estimated take-home salary of a Manager at Alvarez & Marsal ranges between ₹2,03,669 per month to ₹2,11,741 per month in Mumbai. The take-home salary calculation is based on the average Alvarez & Marsal Manager salary in India which ranges between ₹19.0 Lakhs to ₹40.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Manager at Alvarez & Marsal in Mumbai?

According to AmbitionBox, 81% of the Alvarez & Marsal Managers in Mumbai reported a notice period of 2 Months, 15% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Alvarez & Marsal Manager Salaries in Mumbai

Alvarez & Marsal Manager salary in Mumbai ranges between ₹19 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 78 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.