Upload Button Icon Add office photos
filter salariesFilter salaries by

Alvarez & Marsal Senior Associate salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹14.5 Lakhs - ₹36 Lakhs
Salary of majority employees
unlock blur
Fixed (85%)
₹20.8 Lakhs
Variable (15%)
₹3.7 Lakhs
unlock blur

156% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Consulting
Senior Associate Salary
2 - 7 years exp. (27 salaries)
unlock-blur

₹15.5 L/yr - ₹35 L/yr

Finance & Accounting
Senior Associate Salary
2 - 8 years exp. (21 salaries)
unlock-blur

₹16.5 L/yr - ₹36 L/yr

Strategic & Top Management
Senior Associate Salary
2 - 8 years exp. (12 salaries)
unlock-blur

₹23 L/yr - ₹35.6 L/yr

Data Science & Analytics
Senior Associate Salary
4 - 6 years exp. (4 salaries)
unlock-blur

₹22.2 L/yr - ₹35.5 L/yr

Research & Development
Senior Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
unlock-blur

₹22.8 L/yr - ₹33 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Alvarez & Marsal for Senior Associate

Company name Avg Annual Salary Open Jobs
Logo
PwC Senior Associate Salary

0 - 12 years exp. (15.8k salaries)

unlock blur

₹8 L/yr - ₹30 L/yr

arrow icon 26% less
711 job openings
Logo
Ernst & Young Senior Associate Salary

0 - 12 years exp. (3.7k salaries)

unlock blur

₹6 L/yr - ₹22 L/yr

arrow icon 47% less
37 job openings
Logo
KPMG India Senior Associate Salary

0 - 10 years exp. (908 salaries)

unlock blur

₹6.9 L/yr - ₹27 L/yr

arrow icon 36% less
1 job opening
Logo
Deloitte Senior Associate Salary

1 - 9 years exp. (584 salaries)

unlock blur

₹6.5 L/yr - ₹27 L/yr

arrow icon 37% less
Logo
BCG Senior Associate Salary

0 - 5 years exp. (431 salaries)

unlock blur

₹24 L/yr - ₹50 L/yr

arrow icon 61% more
Logo
Willis Towers Watson Senior Associate Salary

3 - 12 years exp. (425 salaries)

unlock blur

₹3 L/yr - ₹8.5 L/yr

arrow icon 77% less
Logo
Guidehouse Senior Associate Salary

1 - 9 years exp. (363 salaries)

unlock blur

₹2 L/yr - ₹6.9 L/yr

arrow icon 81% less
1 job opening
Logo
RSM US in India Senior Associate Salary

2 - 8 years exp. (329 salaries)

unlock blur

₹6.5 L/yr - ₹21 L/yr

arrow icon 42% less
44 job openings
Logo
Bain & Company Senior Associate Salary

1 - 6 years exp. (304 salaries)

unlock blur

₹13 L/yr - ₹27 L/yr

arrow icon 20% less
unlock blur

₹2 L/yr - ₹7.5 L/yr

arrow icon 76% less
Logo
ZS Senior Associate Salary

1 - 5 years exp. (75 salaries)

unlock blur

₹10 L/yr - ₹19.5 L/yr

arrow icon 44% less
Logo
Mercer Senior Associate Salary

2 - 6 years exp. (65 salaries)

unlock blur

₹2.5 L/yr - ₹8 L/yr

arrow icon 80% less
Logo
McKinsey & Company Senior Associate Salary

1 - 10 years exp. (51 salaries)

unlock blur

₹22 L/yr - ₹72 L/yr

arrow icon 109% more
Logo
Huron Senior Associate Salary

3 - 10 years exp. (39 salaries)

unlock blur

₹7.6 L/yr - ₹32.2 L/yr

arrow icon 25% less
1 job opening
Logo
Gartner Senior Associate Salary

2 - 6 years exp. (36 salaries)

unlock blur

₹4 L/yr - ₹13 L/yr

arrow icon 68% less
1 job opening
Logo
Protiviti Senior Associate Salary

2 - 7 years exp. (21 salaries)

unlock blur

₹8 L/yr - ₹15 L/yr

arrow icon 57% less
Logo
Protiviti Consulting Senior Associate Salary

2 - 5 years exp. (15 salaries)

unlock blur

₹7 L/yr - ₹13.3 L/yr

arrow icon 58% less
Logo
Korn Ferry Senior Associate Salary

8 - 14 years exp. (8 salaries)

unlock blur

₹30 L/yr - ₹40 L/yr

arrow icon 63% more
Logo
Milliman Senior Associate Salary

3 - 7 years exp. (7 salaries)

unlock blur

₹5.5 L/yr - ₹8.4 L/yr

arrow icon 73% less
Logo
WSP Senior Associate Salary

1 - 14 years exp. (5 salaries)

unlock blur

₹11 L/yr - ₹25 L/yr

arrow icon 24% less
View all
Senior Associate salary at Alvarez & Marsal ranges between ₹14.5 Lakhs to ₹36 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.

Latest annual salaries shared by Alvarez & Marsal Senior Associate

3d ago
avg blur mobile
7 years exp.
1w ago
avg blur mobile
2 years exp.
2w ago
avg blur mobile
6 years exp.
2w ago
avg blur mobile
6 years exp.
1mo ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
7 years exp.
1mo ago
avg blur mobile
5 years exp.
1mo ago
avg blur mobile
8 years exp.
1mo ago
avg blur mobile
5 years exp.

Experience wise Alvarez & Marsal Senior Associate salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
2 years  (22 salaries)

unlock blur

₹14.5 L/yr - ₹32 L/yr
3 years  (28 salaries)

unlock blur

₹16 L/yr - ₹35.6 L/yr
4 years  (24 salaries)

unlock blur

₹15 L/yr - ₹35.5 L/yr
5 years  (25 salaries)

unlock blur

₹15 L/yr - ₹36 L/yr
6 years  (13 salaries)

unlock blur

₹18 L/yr - ₹31 L/yr
View all

Similar Designation salaries in Alvarez & Marsal

Senior Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹29.7 L/yr - ₹37.9 L/yr
unlock blur
₹15 L/yr - ₹35 L/yr
System Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹21.6 L/yr - ₹27.6 L/yr
unlock blur
₹12 L/yr - ₹25 L/yr

Top skills at Alvarez & Marsal for Senior Associate

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

Salary related reviews for Alvarez & Marsal

2.8

Rated by 5 employees for salary & benefits

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.

read more
  • 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.

read more
  • Work-life balance - Poor

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.

read more
  • Salary - Good
  • +5 more

Dislikes

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

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.

read more
  • 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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Alvarez & Marsal Senior Associate Salary FAQs

What is the salary of Senior Associate at Alvarez & Marsal ?
The average salary of a Senior Associate at Alvarez & Marsal in India typically ranges from ₹14.5 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Senior Associate at Alvarez & Marsal earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹35.7 Lakhs per year. Senior 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 100+ Alvarez & Marsal employees in India.
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 in India typically ranges from ₹1,55,516 to ₹1,61,411 per month. This is based on the average salary range of ₹14.5 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 100+ 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 Senior Associate at Alvarez & Marsal ?
To be a Senior Associate at Alvarez & Marsal in india, the key skills required include:

  • - Private Equity
  • - Private Equity
  • - Cash Flow
  • - Management
  • - Project Management

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 Senior Associate in India?
McKinsey & Company ₹22.0 Lakhs to ₹72.0 Lakhs per year
Korn Ferry ₹30.0 Lakhs to ₹40.0 Lakhs per year
BCG ₹24.0 Lakhs to ₹50.0 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 Senior Associate in companies similar to Alvarez & Marsal in India?
The salary of a Senior Associate at companies similar to Alvarez & Marsal in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bain & Company ₹13.0 Lakhs to ₹27.0 Lakhs per year
ICF International ₹10.0 Lakhs to ₹24.5 Lakhs per year
WSP ₹11.0 Lakhs to ₹25.0 Lakhs per year
Huron ₹7.6 Lakhs to ₹32.2 Lakhs per year
PwC ₹8.0 Lakhs to ₹30.0 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 Senior Associate at Alvarez & Marsal in India?
The salary growth for a Senior Associate at Alvarez & Marsal depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at Alvarez & Marsal:

Experience Average Salary Range
2 years ₹14.5 Lakhs to ₹32.0 Lakhs per year
3 years ₹16.0 Lakhs to ₹35.6 Lakhs per year
4 years ₹15.0 Lakhs to ₹35.5 Lakhs per year
5 years ₹15.0 Lakhs to ₹36.0 Lakhs per year
and so on.

Tell us how to improve this page.

Alvarez & Marsal Senior Associate salary in India ranges between ₹14.5 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 123 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.