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Alvarez & Marsal

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3.5

based on 44 Reviews

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Alvarez & Marsal Senior Associate salaries in Bangalore / Bengaluru

Annual salary range
2 - 5 years exp.
₹17.5 Lakhs - ₹27 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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146% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 5 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Strategic & Top Management
Senior Associate Salary
2 - 5 years exp. (3 salaries)
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₹27 L/yr - ₹30.8 L/yr

Finance & Accounting
Senior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹17.5 L/yr - ₹26 L/yr

Last Updated: 22 Nov 2024

Companies similar to Alvarez & Marsal for Senior Associate in Bangalore / Bengaluru

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Alvarez & Marsal Senior Associate Salary

2 - 5 years exp. (4 salaries)
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₹17.5 L/yr - ₹27 L/yr

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KPMG India Senior Associate Salary

0 - 10 years exp. (392 salaries)
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₹6.5 L/yr - ₹26 L/yr

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BCG Senior Associate Salary

0 - 5 years exp. (82 salaries)
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₹27 L/yr - ₹50 L/yr

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RSM US in India Senior Associate Salary

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Bain & Company Senior Associate Salary

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₹14 L/yr - ₹25 L/yr

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Huron Senior Associate Salary

5 - 9 years exp. (14 salaries)
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McKinsey & Company Senior Associate Salary

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₹28 L/yr - ₹55 L/yr

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4 - 7 years exp. (9 salaries)
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₹4 L/yr - ₹7 L/yr

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2 - 6 years exp. (5 salaries)
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₹6.1 L/yr - ₹10 L/yr

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ZS Senior Associate Salary

1 - 4 years exp. (4 salaries)
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₹14 L/yr - ₹17.2 L/yr

arrow icon 41% less
Senior Associate salary at Alvarez & Marsal ranges between ₹17.5 Lakhs to ₹27 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Alvarez & Marsal.

Latest annual salaries shared by Alvarez & Marsal Senior Associate in Bangalore / Bengaluru

4mo ago
₹17.5 Lakhs
2 years exp.
1y ago
₹27 Lakhs
5 years exp.

Experience wise Alvarez & Marsal Senior Associate salaries in Bangalore / Bengaluru

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹19.7 L/yr - ₹25.2 L/yr
3 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
4 years (AmbitionBox Estimate)

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₹21.7 L/yr - ₹27.7 L/yr
5 years (AmbitionBox Estimate)

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₹22.7 L/yr - ₹29 L/yr

Similar Designation salaries in Alvarez & Marsal

Team Manager Salary
(5 salaries)
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₹23.83 L/yr - ₹26 L/yr
Business Associate Salary
(3 salaries)
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₹16 L/yr - ₹18 L/yr

Top skills at Alvarez & Marsal for Senior Associate

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

Salary related reviews for Alvarez & Marsal

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.

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

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.

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.

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.

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
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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Alvarez & Marsal Senior Associate Salary FAQs

What is the salary of Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru?
The average salary of a Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru typically ranges from ₹17.5 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Senior Associate in Bangalore / Bengaluru at Alvarez & Marsal earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 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 4 Alvarez & Marsal employees in India.
What is the estimated take home salary of a Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru?
The estimated take-home salary of a Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru typically ranges from ₹1,59,399 to ₹1,65,469 per month. This is based on the average salary range of ₹17.5 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 in Bangalore / Bengaluru?
To be a Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru, 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 ₹28.0 Lakhs to ₹55.0 Lakhs per year
BCG ₹27.0 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 Bangalore / Bengaluru?
The salary of a Senior Associate at companies similar to Alvarez & Marsal in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bain & Company ₹14.0 Lakhs to ₹25.0 Lakhs per year
PwC ₹8.3 Lakhs to ₹32.0 Lakhs per year
Huron ₹7.0 Lakhs to ₹29.0 Lakhs per year
Deloitte ₹6.5 Lakhs to ₹25.5 Lakhs per year
KPMG India ₹6.5 Lakhs to ₹26.0 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 Bangalore / Bengaluru?
The salary growth for a Senior Associate at Alvarez & Marsal in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Bangalore / Bengaluru can expect the following growth trajectory at Alvarez & Marsal:

Experience Average Salary Range
2 years ₹19.7 Lakhs to ₹25.2 Lakhs per year
3 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
4 years ₹21.7 Lakhs to ₹27.7 Lakhs per year
5 years ₹22.7 Lakhs to ₹29.0 Lakhs per year
and so on.

Tell us how to improve this page.

Alvarez & Marsal Senior Associate salary in Bangalore / Bengaluru ranges between ₹17.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.