Alvarez & Marsal Senior Associate Salaries by 100+ Employees (Updated 2025)

2 - 8 years exp.

₹15 Lakhs - ₹35.6 Lakhs

Salary of majority employees

Fixed (85%)

₹20.6 Lakhs

Variable (15%)

₹3.6 Lakhs

158% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 8 years of experience

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Salaries in different departments

Consulting Senior Associate Salary 2 - 7 years exp. (26 salaries)	₹15.5 L/yr - ₹35 L/yr
Finance & Accounting Senior Associate Salary 2 - 8 years exp. (20 salaries)	₹16.5 L/yr - ₹28 L/yr
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Strategic & Top Management Senior Associate Salary 2 - 8 years exp. (12 salaries)	₹23 L/yr - ₹35.6 L/yr
Data Science & Analytics Senior Associate Salary 4 - 6 years exp. (4 salaries)	₹22.2 L/yr - ₹35.5 L/yr
BFSI, Investments & Trading Senior Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹21.8 L/yr - ₹29 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Alvarez & Marsal for Senior Associate

Company name	Avg Annual Salary	Open Jobs
KPMG India Senior Associate Salary 0 - 9 years exp. (983 salaries)	₹6.8 L/yr - ₹25 L/yr 37% less
Ernst & Young Senior Associate Salary 0 - 12 years exp. (3.7k salaries)	₹6 L/yr - ₹22 L/yr 47% less	33 job openings
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Deloitte Senior Associate Salary 1 - 9 years exp. (504 salaries)	₹6.5 L/yr - ₹28 L/yr 34% less
PwC Senior Associate Salary 0 - 12 years exp. (15.2k salaries)	₹8 L/yr - ₹30 L/yr 26% less	1014 job openings
McKinsey & Company Senior Associate Salary 1 - 9 years exp. (45 salaries)	₹22 L/yr - ₹76 L/yr 95% more
BCG Senior Associate Salary 0 - 5 years exp. (419 salaries)	₹24 L/yr - ₹50 L/yr 62% more
Accenture Senior Associate Salary 0 - 10 years exp. (3.7k salaries)	₹1.5 L/yr - ₹9 L/yr 77% less
TCS Senior Associate Salary 0 - 13 years exp. (7.6k salaries)	₹1.4 L/yr - ₹8.1 L/yr 81% less
Infosys Senior Associate Salary 1 - 8 years exp. (1.2k salaries)	₹5.8 L/yr - ₹16 L/yr 61% less
Wipro Senior Associate Salary 0 - 7 years exp. (21.3k salaries)	₹0.9 L/yr - ₹5.5 L/yr 87% less	1 job opening
BDO Senior Associate Salary 0 - 10 years exp. (521 salaries)	₹6 L/yr - ₹16.8 L/yr 51% less
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Willis Towers Watson Senior Associate Salary 3 - 12 years exp. (441 salaries)	₹3 L/yr - ₹8.5 L/yr 76% less
Grant Thornton Senior Associate Salary 0 - 7 years exp. (444 salaries)	₹4.5 L/yr - ₹17 L/yr 57% less	13 job openings
Guidehouse Senior Associate Salary 1 - 9 years exp. (342 salaries)	₹2 L/yr - ₹6.8 L/yr 80% less	1 job opening
RSM US in India Senior Associate Salary 2 - 8 years exp. (307 salaries)	₹7.5 L/yr - ₹21 L/yr 42% less	41 job openings
Bain & Company Senior Associate Salary 1 - 6 years exp. (305 salaries)	₹9.5 L/yr - ₹26.8 L/yr 19% less
VISTRA INTERNATIONAL EXPANSION Senior Associate Salary 3 - 10 years exp. (128 salaries)	₹2 L/yr - ₹7.5 L/yr 76% less	1 job opening
ZS Senior Associate Salary 1 - 5 years exp. (73 salaries)	₹9 L/yr - ₹17.2 L/yr 44% less
Mercer Senior Associate Salary 2 - 6 years exp. (63 salaries)	₹2.5 L/yr - ₹7.5 L/yr 82% less
Blackrock Senior Associate Salary 6 - 13 years exp. (50 salaries)	₹11 L/yr - ₹33 L/yr 17% less

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Senior Associate salary at Alvarez & Marsal ranges between ₹15 Lakhs to ₹35.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 123 latest salaries received from various employees of Alvarez & Marsal.

Experience wise Alvarez & Marsal Senior Associate salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (23 salaries)	₹15 L/yr - ₹35 L/yr
3 years (29 salaries)	₹16 L/yr - ₹35.6 L/yr
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4 years (24 salaries)	₹15 L/yr - ₹35.5 L/yr
5 years (24 salaries)	₹15 L/yr - ₹35 L/yr
6 years (13 salaries)	₹18 L/yr - ₹31 L/yr
7 years (6 salaries)	₹22 L/yr - ₹29 L/yr
8 years (4 salaries)	₹26 L/yr - ₹31 L/yr

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Similar Designation salaries in Alvarez & Marsal

Senior Engineer Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

Senior Consultant Salary

(4 salaries)

₹15 L/yr - ₹35 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Associate Consultant Salary

(4 salaries)

₹12 L/yr - ₹25 L/yr

Top skills at Alvarez & Marsal for Senior Associate

Private Equity Cash Flow Management Project Management Private Equity Recruitment Accounting Client Management Financial Services Logistics Due Diligence Consulting Auditing Healthcare Finance

Salary related reviews for Alvarez & Marsal

2.8

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

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 Senior Associate Salary FAQs

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

Senior Associate salary at Alvarez & Marsal in India ranges between ₹15.0 Lakhs to ₹35.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 158% more than the average Senior Associate Salary in India. Salary estimates are based on 123 latest salaries received from various employees of Alvarez & Marsal India.

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

The average salary of a Senior Associate at Alvarez & Marsal is 158% more than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

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

Private Equity, Cash Flow, Management, Project Management and Private Equity are some of the popular skills required to work as a Senior Associate at Alvarez & Marsal India.

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

McKinsey & Company Senior Associate Salary - ₹22.0 Lakhs to ₹76.0 Lakhs per year
BCG Senior Associate Salary - ₹24.0 Lakhs to ₹50.0 Lakhs per year
Korn Ferry Senior Associate Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year

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

Blackrock Senior Associate Salary - ₹11.0 Lakhs to ₹33.0 Lakhs per year
Bain & Company Senior Associate Salary - ₹9.5 Lakhs to ₹26.8 Lakhs per year
ICF International Senior Associate Salary - ₹10.0 Lakhs to ₹24.5 Lakhs per year
WSP Senior Associate Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
PwC Senior Associate Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Alvarez & Marsal ranges between ₹1,54,204 per month to ₹1,60,039 per month in India. The take-home salary calculation is based on the average Alvarez & Marsal Senior Associate salary in India which ranges between ₹15.0 Lakhs to ₹35.6 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 44% of the Alvarez & Marsal Senior Associates reported a notice period of 2 Months, 42% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 50 responses on AmbitionBox in last 2 years.

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Alvarez & Marsal Senior Associate Salaries

Alvarez & Marsal Senior Associate salary in India ranges between ₹15 Lakhs to ₹35.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 123 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.