Ernst & Young Mumbai Principal Consultant Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹24 Lakhs - ₹31 Lakhs

Salary of majority employees

At par with the average Principal Consultant Salary in Management Consulting Companies for 8 - 12 years of experience

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Last Updated: 2 Jan 2025

Companies similar to Ernst & Young for Principal Consultant in Mumbai

Ernst & Young Principal Consultant Salary

8 - 12 years exp. (4 salaries)

₹24 L/yr - ₹31 L/yr

Company name	Avg Annual Salary	Open Jobs
PwC Principal Consultant Salary 7 - 18 years exp. (129 salaries)	₹14 L/yr - ₹39.2 L/yr At par
Accenture Principal Consultant Salary 13 - 15 years exp. (3 salaries)	₹38 L/yr - ₹45 L/yr 48% more
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TCS Principal Consultant Salary 11 - 29 years exp. (6 salaries)	₹25 L/yr - ₹87.8 L/yr 77% more
Infosys Principal Consultant Salary 12 - 24 years exp. (63 salaries)	₹18 L/yr - ₹50 L/yr 35% more	1 job opening
Wipro Principal Consultant Salary 9 - 22 years exp. (111 salaries)	₹15.8 L/yr - ₹44 L/yr 5% more	5 job openings
Huron Principal Consultant Salary 8 - 14 years exp. (4 salaries)	₹13.1 L/yr - ₹30 L/yr 5% less
Mott MacDonald Principal Consultant Salary 15 - 17 years exp. (4 salaries)	₹20.9 L/yr - ₹24.8 L/yr 16% less
Frost & Sullivan Principal Consultant Salary 7 - 11 years exp. (3 salaries)	₹25 L/yr - ₹31.2 L/yr 4% more

Principal Consultant salary at Ernst & Young ranges between ₹24 Lakhs to ₹31 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Ernst & Young.

Experience wise Ernst & Young Principal Consultant salaries in Mumbai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹24 L/yr - ₹47.7 L/yr
9 years (AmbitionBox Estimate)	₹26 L/yr - ₹48.5 L/yr
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10 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹31 L/yr
11 years (AmbitionBox Estimate)	₹25 L/yr - ₹32 L/yr
12 years (AmbitionBox Estimate)	₹26 L/yr - ₹50.8 L/yr

From

Principal Consultant

₹

Lakhs/yr

8 - 15 years exp.

Partner

₹

Crore/yr

13 - 23 years exp.

Principal Consultant 8 - 15 years exp.

Manager 4 - 18 years exp.

7% hike

Senior Manager 7 - 21 years exp.

46% hike

From

3 more levels

Principal Consultant

8 - 15 years exp.

Associate Partner

12 - 22 years exp.

Similar Designation salaries in Ernst & Young

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Senior Associate Salary

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Technical Lead Salary

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₹10.35 L/yr - ₹30.37 L/yr

Top skills at Ernst & Young for Principal Consultant

Hyperion Essbase Hyperion Planning PBCS RFP RFI Sharepoint Maintenance Activities Proposal Management Fund Administration

Salary related reviews for Ernst & Young

Associate Consultant in Bangalore / Bengaluru

Full Time

IT & Information Security Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Their is nothing to like about they make you work for over 10-12 hrs a day without any recognition

Dislikes

The culture is very toxic with office politics always taking first place. Even if you outperform your peers you will not get appraisal or bonus because office politics may not allow it

Salary - Bad

+6 more

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 11 Dec 2024

4.0

for Salary and Benefits

Likes

The manager was very supportive and the work life balance was good.

Salary - Good

+4 more

Dislikes

...sary pressure to work from office and the unsupportive rude behaviour of the HR. There was nothing given above and beyond the salary not even box of sweets on small occasions. All the team outings and activities were self sponsored.

Senior Software Engineer in Kolkata

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Nov 2024

5.0

for Salary and Benefits

Likes

...nd after office hours. People are around to provide helping hand whenever stuck. Hikes and bonus is better than most companies around.

Salary - Excellent

+4 more

Dislikes

Lesser projects with better technologies and lesser growth opportunities in terms of tech stack. Many legacy applications are still operative which requires people to work on legacy technologies.

Senior Associate in Ahmedabad

Full Time

Finance & Accounting Department

2.0

• posted on 25 Sep 2024

3.0

for Salary and Benefits

Likes

Appraisals and pay scale amongst the other big 4s are ok

Job security - Good

Dislikes

It has terrible work-life balance and toxic work culture. You are forced to work on Saturday by creating undue pressure although there is no deadline

Skill development - Poor

+3 more

Senior Consultant in Mumbai

Full Time

Consulting Department

3.0

• posted on 10 Sep 2024

2.0

for Salary and Benefits

Likes

1. Learning about different types of work

Dislikes

...Place to Work) 2. Favoritism based on the known faces instead of performance 3. Compensation is not justified as per market standards

Salary - Poor

+6 more

see more salary related reviews

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What people are saying about Ernst & Young

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a senior software engineer

2w (edited)

NTT DATA OFFER

I recently had offers from EY (26 LPA CTC) and NTT Data (22.8 LPA CTC), both offering interesting roles—EY with 21 LPA fixed, 20% variable, and a 1 Lakh joining bonus, and NTT Data with 20 LPA fixed and 14% variable for a remote BMW client project. When I shared my Photon offer (25 LPA fixed CTC) as a counter, the NTT Data recruiter dismissed it, claiming it had no joining date and uncertainty from the client. She said she could have matched it only if I had an offer like EY—essentially lowballing me. When I went back with EY’s offer, she again lowballed me, saying EY has high work pressure and that NTT Data is a better choice. Despite multiple attempts, she was not even ready to match EY’s offer. She then asked for my EY joining date, which was tomorrow (though EY was flexible for a week’s extension). Note: I have wrote extension in comment box due to text limit.

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Ernst & Young Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Ernst & Young Mumbai?

Principal Consultant salary at Ernst & Young in Mumbai ranges between ₹24.0 Lakhs to ₹31.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 2% less than the average Principal Consultant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ernst & Young Mumbai.

How does the salary of a Principal Consultant at Ernst & Young Mumbai compare with the average salary range for this job?

The average salary of a Principal Consultant at Ernst & Young is 2% less than the average salary of a Principal Consultant in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Consultant at Ernst & Young?

Hyperion Essbase, Hyperion Planning, PBCS, RFP and RFI are some of the popular skills required to work as a Principal Consultant at Ernst & Young Mumbai.

Which similar companies are paying more than Ernst & Young to a Principal Consultant in Mumbai?

TCS Principal Consultant Salary - ₹25.0 Lakhs to ₹87.8 Lakhs per year
Accenture Principal Consultant Salary - ₹38.0 Lakhs to ₹45.0 Lakhs per year
Infosys Principal Consultant Salary - ₹18.0 Lakhs to ₹50.0 Lakhs per year
Wipro Principal Consultant Salary - ₹15.8 Lakhs to ₹44.0 Lakhs per year
Frost & Sullivan Principal Consultant Salary - ₹25.0 Lakhs to ₹31.2 Lakhs per year

What is the salary of a Principal Consultant in companies similar to Ernst & Young in Mumbai?

PwC Principal Consultant Salary - ₹14.0 Lakhs to ₹39.2 Lakhs per year
Huron Principal Consultant Salary - ₹13.1 Lakhs to ₹30.0 Lakhs per year
Mott MacDonald Principal Consultant Salary - ₹20.9 Lakhs to ₹24.8 Lakhs per year

What is the estimated take home salary of a Principal Consultant at Ernst & Young in Mumbai?

The estimated take-home salary of a Principal Consultant at Ernst & Young ranges between ₹1,74,448 per month to ₹1,81,199 per month in Mumbai. The take-home salary calculation is based on the average Ernst & Young Principal Consultant salary in India which ranges between ₹24.0 Lakhs to ₹31.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Principal Consultant at Ernst & Young in Mumbai?

According to AmbitionBox, 100% of the Ernst & Young Principal Consultants in Mumbai reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Ernst & Young Principal Consultant Salaries in Mumbai

Ernst & Young Principal Consultant salary in Mumbai ranges between ₹24 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ernst & Young latest salaries received from various employees of Ernst & Young.