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Ernst & Young Strategy Consultant salaries in Mumbai

Annual salary range
2 - 8 years exp.
₹13.9 Lakhs - ₹24 Lakhs
Salary of majority employees
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44% less than the average Strategy Consultant Salary in Management Consulting Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Consulting
Strategy Consultant Salary
2 - 7 years exp. (AmbitionBox Estimate)
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₹13.9 L/yr - ₹24 L/yr

Strategic & Top Management
Strategy Consultant Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹15.9 L/yr - ₹20 L/yr

Last Updated: 4 Dec 2024

Companies similar to Ernst & Young for Strategy Consultant in Mumbai

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Ernst & Young Strategy Consultant Salary

2 - 8 years exp. (6 salaries)

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₹13.9 L/yr - ₹24 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deloitte Strategy Consultant Salary

2 - 7 years exp. (26 salaries)

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₹16 L/yr - ₹32 L/yr

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KPMG India Strategy Consultant Salary

3 - 7 years exp. (10 salaries)

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₹17.5 L/yr - ₹30 L/yr

arrow icon 51% more
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PwC Strategy Consultant Salary

2 - 8 years exp. (8 salaries)

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₹20 L/yr - ₹30 L/yr

arrow icon 72% more
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BCG Strategy Consultant Salary

3 - 5 years exp. (3 salaries)

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₹48.9 L/yr - ₹1 Cr/yr

arrow icon 301% more
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Accenture Strategy Consultant Salary

2 - 10 years exp. (79 salaries)

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₹17.4 L/yr - ₹51 L/yr

arrow icon 145% more
2 job openings
Strategy Consultant salary at Ernst & Young ranges between ₹13.9 Lakhs to ₹24 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Ernst & Young.

Latest annual salaries shared by Ernst & Young Strategy Consultant in Mumbai

3mo ago
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7 years exp.
1y ago
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5 years exp.

Experience wise Ernst & Young Strategy Consultant salaries in Mumbai

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.2 L/yr
3 years (AmbitionBox Estimate)

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₹13.6 L/yr - ₹17.3 L/yr
4 years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹17.5 L/yr
5 years (AmbitionBox Estimate)

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₹13.9 L/yr - ₹17.7 L/yr
6 years (AmbitionBox Estimate)

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₹14 L/yr - ₹17.9 L/yr
View all

Similar Designation salaries in Ernst & Young

Senior Consultant Salary
(2.3k salaries)
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₹10 L/yr - ₹33 L/yr
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₹4 L/yr - ₹14 L/yr
Senior Analyst Salary
(225 salaries)
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₹4 L/yr - ₹14.5 L/yr
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₹6.37 L/yr - ₹27.19 L/yr
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₹13.4 L/yr - ₹36 L/yr
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₹7.77 L/yr - ₹22.35 L/yr
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₹5 L/yr - ₹13.5 L/yr
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₹9.2 L/yr - ₹25.65 L/yr
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₹7.2 L/yr - ₹15 L/yr

Top skills at Ernst & Young for Strategy Consultant

Strategy consulting IT Strategy Cost Optimization Agri Strategic Management IT Strategy Project Management Strategy Development Azure Big4 Cloud Financial Services AWS Consulting Healthcare

Salary related reviews for Ernst & Young

Full Time

 · 

Consulting Department

3.0
  •  posted on 19 Mar 2025

2.0
 for  Salary and Benefits

Likes

  • Job security - Good

Dislikes

I don't understand their FTE conecpt, most of the Employees in Govt Advisory are hired on FTE basis and even though most of them do BDEV along with project they are not part of company bonus. Any one who has been working on multiple things should be part of company bonus as per my view. To convert to on roll from FTE is still shady and many people don't know how to get it done

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Consulting Department

1.0
  •  posted on 17 Feb 2025

2.0
 for  Salary and Benefits

Likes

Just 10% annual salary hike

Dislikes

Everything is negative here, boot-licking culture. Client is always right even they say that a man have 5 legs, EY upper management will agree on that. No support for their employees.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 16 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

... offer whatsoever. Redundant work with close to nothing in terms of improvement. Salary: Pays well. But not enough and nothing is enough to completely dismantle your work-life balance and your private life as well. Company culture: Worst. Plagued with internal politics and favouritism. Kolkata branch especially has deep-rooted nepotism so do make friends with the ones who have familiar connections with the top brass (If you're an unfortunate employee in the Kolkata branch). Job security: Officially EY doesn't believe in the hire-and-fire culture as communicated quite vocally by the HRs, but unofficially and as the truth is about them, if you get on the wrong footing with the seniors, they will make it a personal mission to see you're thrown out of the company. Promotions: Be on the good books of the nepo colleagues and they will have a good word for you with the higher management (their relatives) and viola! You have been promoted! Or, get on their bad books and see yourself getting thrown out the next year or so. Yes, work isn't a qualifying metric for promotions, sadly. Work satisfaction: If you are up for redundant work and looking for a place to exclusively retire yourself having done all the improvements and upskilling that you could in your entire career and finally said to yourself it's time to hang up the boots but still need a moderate source of income, then this is the right place for you to be and you'd be satisfied by how stagnant and redundant the work here is. A great and stable close-to-retirement work-life which competes with the likes of working at TCS.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 06 Feb 2025

4.0
 for  Salary and Benefits

Likes

Good hikes and bonus with changes of working on upcoming and trending technologies, which again would depend on the kind of project you are alloted with. Flexible working is a plus.

read more
  • Salary - Good
  • +1 more

Dislikes

Poor work-life balance, toxic managers, tight deadlines.

  • Work satisfaction - Poor
  • +2 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Ernst & Young Strategy Consultant Salary FAQs

What is the salary of Strategy Consultant at Ernst & Young in Mumbai?
The average salary of a Strategy Consultant at Ernst & Young in Mumbai typically ranges from ₹13.9 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Strategy Consultant in Mumbai at Ernst & Young earn more than ₹23.6 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Strategy Consultant Salaries at Ernst & Young 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 6 Ernst & Young employees in India.
What is the estimated take home salary of a Strategy Consultant at Ernst & Young in Mumbai?
The estimated take-home salary of a Strategy Consultant at Ernst & Young in Mumbai typically ranges from ₹1,05,434 to ₹1,08,331 per month. This is based on the average salary range of ₹13.9 Lakhs to ₹24.0 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 6 salaries received from various employees of Ernst & Young. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Strategy Consultant at Ernst & Young in Mumbai?
To be a Strategy Consultant at Ernst & Young in Mumbai, the key skills required include:

  • - Strategy consulting
  • - IT Strategy
  • - Cost Optimization
  • - Agri
  • - Strategic Management

These skills are highly valued at Ernst & Young and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Ernst & Young for Strategy Consultant in India?
BCG ₹48.9 Lakhs to ₹102.0 Lakhs per year
Accenture ₹17.4 Lakhs to ₹51.0 Lakhs per year
PwC ₹20.0 Lakhs to ₹30.0 Lakhs per year
Deloitte ₹16.0 Lakhs to ₹32.0 Lakhs per year
KPMG India ₹17.5 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ernst & Young, depending on the role and experience level.
How the salary growth look like for a Strategy Consultant at Ernst & Young in Mumbai?
The salary growth for a Strategy Consultant at Ernst & Young in Mumbai depends on factors such as experience, performance, and promotions. On average, a Strategy Consultant in Mumbai can expect the following growth trajectory at Ernst & Young:

Experience Average Salary Range
2 years ₹13.4 Lakhs to ₹17.2 Lakhs per year
3 years ₹13.6 Lakhs to ₹17.3 Lakhs per year
4 years ₹13.7 Lakhs to ₹17.5 Lakhs per year
5 years ₹13.9 Lakhs to ₹17.7 Lakhs per year
and so on.

Tell us how to improve this page.

Ernst & Young Strategy Consultant salary in Mumbai ranges between ₹13.9 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Ernst & Young latest salaries received from various employees of Ernst & Young.