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BCG Associate salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹7 Lakhs - ₹29 Lakhs
Salary of majority employees
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110% more than the average Associate Salary in Management Consulting Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
1 year exp. (3 salaries)
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₹14 L/yr - ₹23 L/yr

Consulting
Associate Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹26 L/yr

Strategic & Top Management
Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹17 L/yr - ₹29 L/yr

Last Updated: 17 Mar 2025

Companies similar to BCG for Associate in Mumbai

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BCG Associate Salary

0 - 4 years exp. (21 salaries)

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₹7 L/yr - ₹29 L/yr

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Company name Avg Annual Salary Open Jobs
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McKinsey & Company Associate Salary

1 - 9 years exp. (48 salaries)

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₹20.5 L/yr - ₹80.6 L/yr

arrow icon 206% more
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Bain & Company Associate Salary

0 - 5 years exp. (13 salaries)

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₹13 L/yr - ₹25 L/yr

arrow icon 6% more
5 job openings
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Deloitte Associate Salary

0 - 5 years exp. (40 salaries)

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₹6.4 L/yr - ₹13.5 L/yr

arrow icon 48% less
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KPMG India Associate Salary

0 - 5 years exp. (74 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 31% less
1 job opening
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PwC Associate Salary

0 - 8 years exp. (1.7k salaries)

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₹5.8 L/yr - ₹19 L/yr

arrow icon 31% less
161 job openings
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Accenture Associate Salary

0 - 7 years exp. (821 salaries)

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₹1 L/yr - ₹8.5 L/yr

arrow icon 76% less
68 job openings
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Amazon Associate Salary

0 - 6 years exp. (81 salaries)

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₹0.8 L/yr - ₹8 L/yr

arrow icon 79% less
19 job openings
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Oracle Associate Salary

2 - 7 years exp. (28 salaries)

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₹1.9 L/yr - ₹9.8 L/yr

arrow icon 71% less
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TCS Associate Salary

0 - 9 years exp. (714 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 78% less
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Wipro Associate Salary

0 - 5 years exp. (1.2k salaries)

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₹0.9 L/yr - ₹4.5 L/yr

arrow icon 83% less
29 job openings
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Capgemini Associate Salary

0 - 5 years exp. (97 salaries)

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₹1 L/yr - ₹8.7 L/yr

arrow icon 77% less
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Ernst & Young Associate Salary

0 - 7 years exp. (315 salaries)

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₹4.8 L/yr - ₹20 L/yr

arrow icon 31% less
30 job openings
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (3k salaries)

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₹10 L/yr - ₹37.1 L/yr

arrow icon 49% more
49 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (2.1k salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 27% less
1 job opening
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UBS Associate Salary

1 - 10 years exp. (32 salaries)

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₹6.7 L/yr - ₹19.1 L/yr

arrow icon 16% less
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Standard Chartered Associate Salary

1 - 13 years exp. (56 salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 21% more
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HSBC Group Associate Salary

1 - 7 years exp. (12 salaries)

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₹7.5 L/yr - ₹17.3 L/yr

arrow icon 39% less
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Blackrock Associate Salary

2 - 12 years exp. (241 salaries)

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₹8.6 L/yr - ₹33.6 L/yr

arrow icon 17% more
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Willis Towers Watson Associate Salary

0 - 6 years exp. (76 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 78% less
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Nexdigm Associate Salary

0 - 4 years exp. (23 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 83% less
28 job openings
View all
Associate salary at BCG ranges between ₹7 Lakhs to ₹29 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 21 latest salaries received from various employees of BCG.

Latest annual salaries shared by BCG Associate in Mumbai

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Experience wise BCG Associate salaries in Mumbai

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹10 L/yr - ₹25 L/yr
1 year  (13 salaries)

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₹7.5 L/yr - ₹29 L/yr
2 years  (4 salaries)

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₹6.7 L/yr - ₹26 L/yr
3 years (AmbitionBox Estimate)

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₹13.8 L/yr - ₹17.6 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹15 L/yr

Similar Designation salaries in BCG

Senior Associate Salary
(108 salaries)
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₹24 L/yr - ₹49 L/yr
Team Lead Salary
(7 salaries)
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₹20 L/yr - ₹32 L/yr
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₹21 L/yr - ₹25 L/yr

Top skills at BCG for Associate

ERP Payroll Analytical Risk Management Auditing

Salary related reviews for BCG

3.6

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 05 Oct 2024

4.0
 for  Salary and Benefits

Likes

Just the salary package, only if you want to earn enough for one year because management will not let you stay there more than that

read more
  • Salary - Good

Dislikes

Finance leadership team especially one managing Travel and Expense process are not trustworthy I made a mistake and joined this team without doing my due diligence on the culture of team. It’s available on ambition box

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 03 Oct 2024

2.0
 for  Salary and Benefits

Likes

Working with BCG is an exceptional experience; we get to meet and collaborate with colleagues from various spectrums, overall creating a very healthy and positive working environment. You are given loads of opportunities to hone your skillsets and work on needs improvement pointers.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Not so competitive salary structure. Appraisals are generic to entire team and not to your individual performance. Equal opportunities for growth is limited to only experienced members of the team.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

UX, Design & Architecture Department

5.0
  •  posted on 09 Oct 2023

4.0
 for  Salary and Benefits

Likes

...azing clients and solve challenging UX problems - Annual Offsite - Free Food - Fair pay - Alcohol at parties

read more
  • Salary - Good
  • +3 more

Dislikes

- Long working hours - Unrealistic timeline - Job security - Office Politics - Always Challenging environment

  • Job security - Poor

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 29 Jul 2023

1.0
 for  Salary and Benefits

Likes

Free food

  • Job security - Excellent

Dislikes

Less hikes to internal employees. They benchmark you down if they hire you on a higher package. Otherwise people who are paid less are given excuses like benchmarking cannot happen before two years and it cannot happen after promotion etc. For promotion you get same excuses. Official limit is 18 months but manager say that before three years its like asking a favour. They tell you from day one that bcg will not retain an employee and they let go such people who have better offer. The day you resgn everything changes all rules out of the window. They say that they support IJP but will not allow you to go for it before 18 months on your current role. At that time yoj also become elogible for promotion so if you apply for IJP manager outright threatens that you will not be considered for promotion in the team so now its either cracking an IJP or stay at same position.

read more
  • Salary - Bad
  • +2 more

Part Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Nov 2023

5.0
 for  Salary and Benefits

Likes

working is a consulting group or brain and company can be demanding fast paced and intellectually stimulating .the culture is result oriented with a strong emphasis on team work team work ,collaboration ,and continuous learning .

read more
  • Salary - Excellent
  • +6 more

Dislikes

BCG is rated 3.8 based on 209 reviews by empolyees on ambition box BCG is know for salary benefits which is rated at the top and givien a rating of 4.1 however work life balance is rated the lowest at 3.3 and can be improved ambition box

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BCG Associate Salary FAQs

What is the salary of Associate at BCG in Mumbai?
The average salary of a Associate at BCG in Mumbai typically ranges from ₹7.0 Lakhs to ₹29.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Associate in Mumbai at BCG earn more than ₹26.4 Lakhs per year, and the top 1% earn over ₹29.0 Lakhs per year. Associate Salaries at BCG 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 20+ BCG employees in India.
What is the estimated take home salary of a Associate at BCG in Mumbai?
The estimated take-home salary of a Associate at BCG in Mumbai typically ranges from ₹1,13,610 to ₹1,16,771 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹29.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of BCG. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at BCG in Mumbai?
To be a Associate at BCG in Mumbai, the key skills required include:

  • - ERP
  • - Payroll
  • - Analytical
  • - Risk Management
  • - Auditing

These skills are highly valued at BCG and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than BCG for Associate in India?
McKinsey & Company ₹20.5 Lakhs to ₹80.6 Lakhs per year
Mercer ₹17.0 Lakhs to ₹40.0 Lakhs per year
JPMorgan Chase & Co. ₹10.0 Lakhs to ₹37.1 Lakhs per year
Standard Chartered ₹10.0 Lakhs to ₹35.0 Lakhs per year
Blackrock ₹8.6 Lakhs to ₹33.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by BCG, depending on the role and experience level.
What is the salary of a Associate in companies similar to BCG in Mumbai?
The salary of a Associate at companies similar to BCG in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bain & Company ₹13.0 Lakhs to ₹25.0 Lakhs per year
UBS ₹6.7 Lakhs to ₹19.1 Lakhs per year
ZS ₹8.0 Lakhs to ₹14.9 Lakhs per year
Morgan Stanley ₹5.0 Lakhs to ₹21.0 Lakhs per year
PwC ₹5.8 Lakhs to ₹19.0 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 Associate at BCG in Mumbai?
The salary growth for a Associate at BCG in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at BCG:

Experience Average Salary Range
Fresher ₹10.0 Lakhs to ₹25.0 Lakhs per year
1 year ₹7.5 Lakhs to ₹29.0 Lakhs per year
2 years ₹6.7 Lakhs to ₹26.0 Lakhs per year
3 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
and so on.

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BCG Associate salary in Mumbai ranges between ₹7 Lakhs to ₹29 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 BCG latest salaries received from various employees of BCG.