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McKinsey & Company Analyst salaries in India

Annual salary range
0 - 7 years exp.
₹17.2 Lakhs - ₹28 Lakhs
Salary of majority employees
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194% more than the average Analyst Salary in Management Consulting Companies for 0 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Analyst Salary
0 - 7 years exp. (43 salaries)
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₹12.9 L/yr - ₹26 L/yr

Data Science & Analytics
Analyst Salary
1 - 5 years exp. (25 salaries)
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₹9.7 L/yr - ₹28 L/yr

Consulting
Analyst Salary
2 - 6 years exp. (18 salaries)
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₹16.2 L/yr - ₹25 L/yr

BFSI, Investments & Trading
Analyst Salary
1 - 5 years exp. (10 salaries)
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₹11.8 L/yr - ₹23 L/yr

Strategic & Top Management
Analyst Salary
2 - 5 years exp. (9 salaries)
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₹10 L/yr - ₹27 L/yr

Last Updated: 15 Feb 2025

Companies similar to McKinsey & Company for Analyst

Company name Avg Annual Salary Open Jobs
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Bain & Company Analyst Salary

0 - 2 years exp. (189 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 38% less
1 job opening
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BCG Analyst Salary

1 - 6 years exp. (161 salaries)

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₹7 L/yr - ₹21.8 L/yr

arrow icon 27% less
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Deloitte Analyst Salary

0 - 6 years exp. (14.2k salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 57% less
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Accenture Analyst Salary

0 - 11 years exp. (10.7k salaries)

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₹2.8 L/yr - ₹12.8 L/yr

arrow icon 62% less
74 job openings
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KPMG India Analyst Salary

0 - 4 years exp. (3.4k salaries)

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₹1 L/yr - ₹9.8 L/yr

arrow icon 75% less
8 job openings
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Ernst & Young Analyst Salary

0 - 6 years exp. (2.3k salaries)

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₹1.8 L/yr - ₹10.3 L/yr

arrow icon 68% less
19 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

arrow icon 69% less
1 job opening
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IBM Analyst Salary

0 - 5 years exp. (471 salaries)

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₹1.8 L/yr - ₹7.9 L/yr

arrow icon 76% less
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Capgemini Analyst Salary

0 - 4 years exp. (8.6k salaries)

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₹0.8 L/yr - ₹5.5 L/yr

arrow icon 79% less
7 job openings
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TCS Analyst Salary

0 - 12 years exp. (6.6k salaries)

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₹2 L/yr - ₹9.5 L/yr

arrow icon 66% less
View all
Analyst salary at McKinsey & Company ranges between ₹17.2 Lakhs to ₹28 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 240 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: 15 Feb 2025

Experience Avg Annual Salary
Fresher  (15 salaries)

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₹7.5 L/yr - ₹21 L/yr
1 year  (39 salaries)

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₹9 L/yr - ₹27 L/yr
2 years  (75 salaries)

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₹8.6 L/yr - ₹28 L/yr
3 years  (51 salaries)

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₹7.6 L/yr - ₹27 L/yr
4 years  (33 salaries)

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₹7.8 L/yr - ₹25 L/yr
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McKinsey & Company Analyst Salary and Career Growth

From

To

Analyst

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0 - 7 years exp.

Expert

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6 - 16 years exp.

Analyst 0 - 7 years exp.
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Senior Analyst 2 - 10 years exp.
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arrow icon 47% hike
Specialist 5 - 11 years exp.
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arrow icon 36% hike

View more

From

To

Analyst

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0 - 7 years exp.

Senior Analyst

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2 - 10 years exp.

Similar Designation salaries in McKinsey & Company

Senior Analyst Salary
(188 salaries)
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₹15.05 L/yr - ₹37 L/yr
Accountant Salary
(4 salaries)
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₹2.4 L/yr - ₹18.87 L/yr
Team Lead Salary
(49 salaries)
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₹5.5 L/yr - ₹20.6 L/yr
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₹8 L/yr - ₹26.25 L/yr
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₹8.2 L/yr - ₹22 L/yr
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₹2.25 L/yr - ₹7.13 L/yr
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₹9.5 L/yr - ₹28 L/yr
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₹22 L/yr - ₹76 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

Advanced Excel Payroll Processing Expenses Reporting Tools Payroll Fraud Investigation Financial Analysis Policies Auditing Payroll Preparation Fraud Analysis Analytical Skills Clinical SAS Programming Life Sciences Software Configuration Management

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
  • Salary - Excellent
  • +3 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

  • Skill development - Good
  • +2 more

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
  • Salary - Poor
  • +2 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

read more
  • Job security - Excellent
  • +1 more

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
  • Work satisfaction - Poor
  • +1 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

  • Salary - Excellent

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
  • Job security - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Pay and benefits

  • Salary - Excellent

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
  • Skill development - Bad
  • +5 more
see more salary related reviews

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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 ₹17.2 Lakhs to ₹28.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 194% more than the average Analyst Salary in India. Salary estimates are based on 240 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 194% 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?
Advanced Excel, Payroll Processing, Expenses, Reporting Tools and Payroll 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 - ₹7.0 Lakhs to ₹21.8 Lakhs per year
  • ZS Analyst Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
  • Bain & Company Analyst Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • Kearney Analyst Salary - ₹5.5 Lakhs to ₹16.5 Lakhs per year
  • Gartner Analyst Salary - ₹5.0 Lakhs to ₹19.3 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 ₹1,27,762 per month to ₹1,32,053 per month in India. The take-home salary calculation is based on the average McKinsey & Company Analyst salary in India which ranges between ₹17.2 Lakhs to ₹28.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Analyst at McKinsey & Company?
According to AmbitionBox, 65% of the McKinsey & Company Analysts reported a notice period of 2 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 52 responses on AmbitionBox in last 2 years.

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McKinsey & Company Analyst salary in India ranges between ₹17.2 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 240 McKinsey & Company latest salaries received from various employees of McKinsey & Company.