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4.0

based on 588 Reviews

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McKinsey & Company Analyst salaries in India

Annual salary range
1 - 7 years exp.
₹9.9 Lakhs - ₹30 Lakhs
Salary of majority employees
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203% more than the average Analyst Salary in Management Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Analyst Salary
1 - 7 years exp. (33 salaries)
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₹16.6 L/yr - ₹26 L/yr

Data Science & Analytics
Analyst Salary
1 - 6 years exp. (26 salaries)
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₹9.5 L/yr - ₹25 L/yr

Consulting
Analyst Salary
2 - 6 years exp. (17 salaries)
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₹16.4 L/yr - ₹25 L/yr

BFSI, Investments & Trading
Analyst Salary
1 - 5 years exp. (11 salaries)
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₹12.7 L/yr - ₹23 L/yr

Strategic & Top Management
Analyst Salary
2 - 5 years exp. (7 salaries)
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₹10 L/yr - ₹27 L/yr

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Last Updated: 16 Dec 2024

Companies similar to McKinsey & Company for Analyst

Company name Avg Annual Salary Open Jobs
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0 - 2 years exp. (183 salaries)

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₹8 L/yr - ₹14 L/yr

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BCG Analyst Salary

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₹6.5 L/yr - ₹24 L/yr

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Deloitte Analyst Salary

0 - 6 years exp. (13.7k salaries)

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₹3.8 L/yr - ₹12.6 L/yr

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Accenture Analyst Salary

0 - 12 years exp. (10.2k salaries)

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₹2.8 L/yr - ₹12.5 L/yr

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106 job openings
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KPMG India Analyst Salary

0 - 4 years exp. (3.4k salaries)

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₹1 L/yr - ₹10 L/yr

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Ernst & Young Analyst Salary

0 - 6 years exp. (2.3k salaries)

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₹2.4 L/yr - ₹10 L/yr

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15 job openings
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PwC Analyst Salary

0 - 6 years exp. (544 salaries)

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₹2 L/yr - ₹10 L/yr

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IBM Analyst Salary

0 - 5 years exp. (560 salaries)

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₹1.8 L/yr - ₹10.5 L/yr

arrow icon 72% less
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Capgemini Analyst Salary

0 - 3 years exp. (8.2k salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 80% less
6 job openings
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TCS Analyst Salary

0 - 9 years exp. (6.2k salaries)

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₹2 L/yr - ₹10.3 L/yr

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Analyst salary at McKinsey & Company ranges between ₹9.9 Lakhs to ₹30 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 247 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Analyst

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Experience wise McKinsey & Company Analyst salaries

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
1 year  (52 salaries)

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₹9 L/yr - ₹27 L/yr
2 years  (79 salaries)

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₹7.7 L/yr - ₹23.8 L/yr
3 years  (60 salaries)

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₹9.3 L/yr - ₹30 L/yr
4 years  (35 salaries)

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₹8.1 L/yr - ₹25 L/yr
5 years  (14 salaries)

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₹12.3 L/yr - ₹23 L/yr
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McKinsey & Company Analyst Salary and Career Growth

From

To

Analyst

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1 - 7 years exp.

Senior Analyst

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2 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in McKinsey & Company

Senior Analyst Salary
(191 salaries)
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₹12.05 L/yr - ₹36.4 L/yr
Accountant Salary
(5 salaries)
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₹6 L/yr - ₹21 L/yr
Team Lead Salary
(47 salaries)
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₹5.5 L/yr - ₹20.68 L/yr
Business Analyst Salary
(118 salaries)
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₹7.29 L/yr - ₹27 L/yr
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₹7.5 L/yr - ₹25 L/yr
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₹8.57 L/yr - ₹19.5 L/yr
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₹9.5 L/yr - ₹33 L/yr
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₹20 L/yr - ₹80 L/yr
Deputy Manager Salary
(5 salaries)
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₹12.25 L/yr - ₹45 L/yr
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₹9.9 L/yr - ₹35 L/yr

Top skills at McKinsey & Company for Analyst

Payroll Processing Expenses Reporting Tools Payroll Fraud Investigation Financial Analysis Policies Auditing Payroll Preparation Fraud Analysis Analytical Skills Advanced Excel Shared Services W2 US Payroll

Salary related reviews for McKinsey & Company

4.3

Rated by 19 employees for salary & benefits

NA Department

5.0
  •  posted on 29 Jul 2022

5.0
 for  Salary and Benefits

Likes

...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

read more

Dislikes

Up or out. You have to consistently perform, or you are looking at exit. Plus, you are not becoming an expert in any field, as in you may be consulting, but consulting and getting things done are two different things.

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 18 Feb 2022

2.0
 for  Salary and Benefits

Likes

We do have job security and opportunities to learn

Dislikes

...was just done as formality. Its more like a monopoly and leads are very partial. Compensation is way below the market standards.

read more

Finance & Accounting Department

4.0
  •  posted on 14 Apr 2022

3.0
 for  Salary and Benefits

Likes

For a fresher, it is advised not to start a career in Mckinsey because the salary would be way less than the market average. But for an experienced professional, the company will provide better package. Compare to other organization mckinsey will only be having 8 hrs of working( 7+1 ) Job safety and leave are one of the advantage Sodexo is an additional advantage

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Dislikes

Career growth and opportunity would be slow. HR and management won't consider much about employee issues like long working hours ( work from home ), stressful work. Micro management can be expected from certain teams. For an experienced professional journey would be smooth compared to a fresher. Expense reimbursement of stakeholders roles doesn't have any career growth since the role is limited within McKinsey.

read more

Full Time

 · 

Consulting Department

1.0
  •  posted on 09 Jun 2024

5.0
 for  Salary and Benefits

Likes

Good salary and benefits, specifically for the consulting path

Dislikes

Up or out culture where progression depends on having “sponsors” within the Firm who are willing to staff you; in fact, there is no other way to get staffed on projects except finding these sponsors since there are so few projects (most are lost to BCG, some never come due to deteriorating quality)

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Pay and benefits

Dislikes

Disgusting work culture. Too much politics at mid to senior level. You need to gang up to survive in this company. There is a condescending attitude towards new hires. They firmly believe that they are doing a favour to you by hiring you. They even cut your designation when hiring to prove as if they are some sort of God. The environment is like the movie Hunger games. If you don’t have support of the big group or some senior partner, even the smallest mistake will be viewed very harshly and rudely. They will create a situation where you will be compelled to resign. Everyone is in survival mode to protect the “partner compensation” during this current global economic situation. They will not bat an eye to give a poor rating to highly capable and highly experienced people on some silly excuse. Then they will claim that the person didn’t meet the performance standards. The entire 360 degree review system here is a facade. It can be manipulated to save you hide or send you to the gallows.

read more
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McKinsey & Company Analyst Salary FAQs

What is the salary of Analyst at McKinsey & Company?
Analyst salary at McKinsey & Company in India ranges between ₹9.9 Lakhs to ₹30.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 203% more than the average Analyst Salary in India. Salary estimates are based on 247 latest salaries received from various employees of McKinsey & Company India.
How does the salary of a Analyst at McKinsey & Company India compare with the average salary range for this job?
The average salary of a Analyst at McKinsey & Company is 203% more than the average salary of a Analyst in India. To know exact salary insights, login to view.
What are the top skills required to work as a Analyst at McKinsey & Company?
Payroll Processing, Expenses, Reporting Tools, Payroll and Fraud Investigation are some of the popular skills required to work as a Analyst at McKinsey & Company India.
What is the salary of a Analyst in companies similar to McKinsey & Company in India?
  • BCG Analyst Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
  • WSP Analyst Salary - ₹7.7 Lakhs to ₹27.5 Lakhs per year
  • Bain & Company Analyst Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
  • ZS Analyst Salary - ₹6.0 Lakhs to ₹19.6 Lakhs per year
  • Gartner Analyst Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
What is the estimated take home salary of a Analyst at McKinsey & Company in India?
The estimated take-home salary of a Analyst at McKinsey & Company ranges between ₹1,32,634 per month to ₹1,37,494 per month in India. The take-home salary calculation is based on the average McKinsey & Company Analyst salary in India which ranges between ₹9.9 Lakhs to ₹30.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Analyst at McKinsey & Company?
According to AmbitionBox, 62% of the McKinsey & Company Analysts reported a notice period of 2 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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McKinsey & Company Analyst salary in India ranges between ₹9.9 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 247 McKinsey & Company latest salaries received from various employees of McKinsey & Company.