Alvarez & Marsal Mumbai Senior Associate Salaries by 50+ Employees (Updated 2025)

2 - 6 years exp.

₹15 Lakhs - ₹35.6 Lakhs

Salary of majority employees

147% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 6 years of experience

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Salaries in different departments

Consulting Senior Associate Salary 2 - 5 years exp. (12 salaries)	₹15.5 L/yr - ₹35 L/yr
Strategic & Top Management Senior Associate Salary 2 - 6 years exp. (8 salaries)	₹23 L/yr - ₹35.6 L/yr
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Finance & Accounting Senior Associate Salary 2 - 5 years exp. (7 salaries)	₹18 L/yr - ₹28 L/yr
Research & Development Senior Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹23.5 L/yr - ₹33 L/yr
BFSI, Investments & Trading Senior Associate Salary 2 years exp. (AmbitionBox Estimate)	₹23.1 L/yr - ₹28 L/yr

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Last Updated: 20 Dec 2024

Companies similar to Alvarez & Marsal for Senior Associate in Mumbai

Alvarez & Marsal Senior Associate Salary

2 - 6 years exp. (59 salaries)

₹15 L/yr - ₹35.6 L/yr

Company name	Avg Annual Salary	Open Jobs
KPMG India Senior Associate Salary 0 - 7 years exp. (92 salaries)	₹8 L/yr - ₹27 L/yr 34% less
Ernst & Young Senior Associate Salary 0 - 12 years exp. (330 salaries)	₹7.1 L/yr - ₹31 L/yr 32% less	45 job openings
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Deloitte Senior Associate Salary 1 - 9 years exp. (28 salaries)	₹6.7 L/yr - ₹25.5 L/yr 41% less
PwC Senior Associate Salary 0 - 12 years exp. (1.2k salaries)	₹8 L/yr - ₹31 L/yr 27% less	1057 job openings
McKinsey & Company Senior Associate Salary 3 - 9 years exp. (10 salaries)	₹24 L/yr - ₹65 L/yr 107% more
BCG Senior Associate Salary 0 - 6 years exp. (106 salaries)	₹24 L/yr - ₹49 L/yr 56% more
Accenture Senior Associate Salary 0 - 10 years exp. (620 salaries)	₹1.9 L/yr - ₹9.5 L/yr 80% less
TCS Senior Associate Salary 0 - 13 years exp. (1.2k salaries)	₹2 L/yr - ₹7.5 L/yr 81% less
Wipro Senior Associate Salary 0 - 7 years exp. (708 salaries)	₹1 L/yr - ₹7.6 L/yr 88% less	2 job openings
Willis Towers Watson Senior Associate Salary 3 - 12 years exp. (384 salaries)	₹3 L/yr - ₹9.5 L/yr 77% less
BDO Senior Associate Salary 0 - 10 years exp. (127 salaries)	₹6 L/yr - ₹16.5 L/yr 53% less
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VISTRA INTERNATIONAL EXPANSION Senior Associate Salary 3 - 11 years exp. (76 salaries)	₹2 L/yr - ₹7.5 L/yr 76% less	2 job openings
Grant Thornton Senior Associate Salary 0 - 7 years exp. (27 salaries)	₹7.4 L/yr - ₹17 L/yr 61% less	13 job openings
Blackrock Senior Associate Salary 6 - 13 years exp. (15 salaries)	₹11.3 L/yr - ₹32.5 L/yr 26% less
RSM US in India Senior Associate Salary 2 - 7 years exp. (6 salaries)	₹12 L/yr - ₹19.5 L/yr 43% less	38 job openings

Senior Associate salary at Alvarez & Marsal ranges between ₹15 Lakhs to ₹35.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 59 latest salaries received from various employees of Alvarez & Marsal.

Experience wise Alvarez & Marsal Senior Associate salaries in Mumbai

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
2 years (14 salaries)	₹15 L/yr - ₹35 L/yr
3 years (16 salaries)	₹16 L/yr - ₹35.6 L/yr
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4 years (13 salaries)	₹15 L/yr - ₹34 L/yr
5 years (11 salaries)	₹15 L/yr - ₹35 L/yr
6 years (5 salaries)	₹18 L/yr - ₹30 L/yr

Similar Designation salaries in Alvarez & Marsal

Director Salary

(23 salaries)

₹40 L/yr - ₹95 L/yr

Analyst Salary

(15 salaries)

₹6 L/yr - ₹16 L/yr

Senior Vice President Salary

(8 salaries)

₹40.95 L/yr - ₹51 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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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Alvarez & Marsal Senior Associate Salary FAQs

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

Senior Associate salary at Alvarez & Marsal in Mumbai ranges between ₹15.0 Lakhs to ₹35.6 Lakhs for experience between 2 years to 6 years. According to our estimates it is 147% more than the average Senior Associate Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Alvarez & Marsal Mumbai.

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

The average salary of a Senior Associate at Alvarez & Marsal is 147% more than the average salary of a Senior Associate in Mumbai. 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 Mumbai.

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

McKinsey & Company Senior Associate Salary - ₹24.0 Lakhs to ₹65.0 Lakhs per year
BCG Senior Associate Salary - ₹24.0 Lakhs to ₹49.0 Lakhs per year

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

Blackrock Senior Associate Salary - ₹11.3 Lakhs to ₹32.5 Lakhs per year
PwC Senior Associate Salary - ₹8.0 Lakhs to ₹31.0 Lakhs per year
Ernst & Young Senior Associate Salary - ₹7.1 Lakhs to ₹31.0 Lakhs per year
KPMG India Senior Associate Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
Deloitte Senior Associate Salary - ₹6.7 Lakhs to ₹25.5 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Alvarez & Marsal ranges between ₹1,59,471 per month to ₹1,65,545 per month in Mumbai. 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 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the Alvarez & Marsal Senior Associates in Mumbai reported a notice period of 2 Months, 17% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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Alvarez & Marsal Senior Associate Salaries in Mumbai

Alvarez & Marsal Senior Associate salary in Mumbai ranges between ₹15 Lakhs to ₹35.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 Alvarez & Marsal latest salaries received from various employees of Alvarez & Marsal.