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McKinsey & Company Associate Consultant salaries in India

Annual salary range
0 - 7 years exp.
₹18 Lakhs - ₹74 Lakhs
Salary of majority employees
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304% more than the average Associate Consultant Salary in Management Consulting Companies for 0 - 7 years of experience

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Salaries in different departments

Consulting
Associate Consultant Salary
4 - 7 years exp. (5 salaries)
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₹37 L/yr - ₹60 L/yr

Strategic & Top Management
Associate Consultant Salary
4 - 7 years exp. (4 salaries)
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₹44 L/yr - ₹70 L/yr

Last Updated: 13 Feb 2025

Companies similar to McKinsey & Company for Associate Consultant

Company name Avg Annual Salary Open Jobs
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Bain & Company Associate Consultant Salary

0 - 4 years exp. (131 salaries)

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₹13.5 L/yr - ₹43 L/yr

arrow icon 37% less
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BCG Associate Consultant Salary

0 - 2 years exp. (56 salaries)

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₹16 L/yr - ₹45 L/yr

arrow icon 39% less
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Accenture Associate Consultant Salary

1 - 7 years exp. (565 salaries)

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₹4 L/yr - ₹13.9 L/yr

arrow icon 80% less
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Deloitte Associate Consultant Salary

1 - 4 years exp. (210 salaries)

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₹4.8 L/yr - ₹18 L/yr

arrow icon 75% less
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KPMG India Associate Consultant Salary

0 - 7 years exp. (4.6k salaries)

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₹4.5 L/yr - ₹15.9 L/yr

arrow icon 76% less
11 job openings
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PwC Associate Consultant Salary

0 - 6 years exp. (1.7k salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 73% less
4 job openings
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Ernst & Young Associate Consultant Salary

0 - 6 years exp. (3.9k salaries)

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₹3.4 L/yr - ₹12 L/yr

arrow icon 80% less
34 job openings
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TCS Associate Consultant Salary

6 - 21 years exp. (29.3k salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 52% less
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Infosys Associate Consultant Salary

0 - 6 years exp. (18k salaries)

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₹5 L/yr - ₹16.1 L/yr

arrow icon 77% less
7 job openings
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Wipro Associate Consultant Salary

1 - 16 years exp. (6.9k salaries)

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₹4.8 L/yr - ₹23 L/yr

arrow icon 68% less
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Capgemini Associate Consultant Salary

0 - 7 years exp. (50.8k salaries)

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₹3 L/yr - ₹11.8 L/yr

arrow icon 84% less
1 job opening
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ZS Associate Consultant Salary

2 - 8 years exp. (2k salaries)

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₹9.3 L/yr - ₹26 L/yr

arrow icon 54% less
1 job opening
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IBM Associate Consultant Salary

1 - 8 years exp. (480 salaries)

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₹4.5 L/yr - ₹17.1 L/yr

arrow icon 74% less
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Huron Associate Consultant Salary

0 - 5 years exp. (82 salaries)

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₹4.7 L/yr - ₹11.6 L/yr

arrow icon 81% less
8 job openings
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Gartner Associate Consultant Salary

2 - 8 years exp. (46 salaries)

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₹10.2 L/yr - ₹24 L/yr

arrow icon 59% less
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₹5 L/yr - ₹10 L/yr

arrow icon 81% less
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Korn Ferry Associate Consultant Salary

1 - 4 years exp. (24 salaries)

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₹6 L/yr - ₹23.6 L/yr

arrow icon 69% less
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Frost & Sullivan Associate Consultant Salary

0 - 3 years exp. (26 salaries)

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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 86% less
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The Hackett Group Associate Consultant Salary

1 - 3 years exp. (24 salaries)

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₹4.6 L/yr - ₹7 L/yr

arrow icon 86% less
1 job opening
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Kearney Associate Consultant Salary

0 - 7 years exp. (14 salaries)

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₹24 L/yr - ₹65 L/yr

arrow icon 9% more
View all
Associate Consultant salary at McKinsey & Company ranges between ₹18 Lakhs to ₹74 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 55 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Associate Consultant

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Experience wise McKinsey & Company Associate Consultant salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹22 L/yr - ₹44 L/yr
1 year  (8 salaries)

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₹16.5 L/yr - ₹47 L/yr
2 years  (8 salaries)

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₹19.1 L/yr - ₹65 L/yr
3 years  (3 salaries)

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₹18 L/yr - ₹75.2 L/yr
4 years  (13 salaries)

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₹18 L/yr - ₹77 L/yr
View all

Similar Designation salaries in McKinsey & Company

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₹13 L/yr - ₹54.98 L/yr
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₹22 L/yr - ₹76 L/yr
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₹11 L/yr - ₹30.5 L/yr
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₹9 L/yr - ₹29 L/yr
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₹2.6 L/yr - ₹3 L/yr
Technical Lead Salary
(5 salaries)
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₹25 L/yr - ₹40 L/yr
Senior Engineer Salary
(19 salaries)
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₹18 L/yr - ₹50.6 L/yr
Lead Engineer Salary
(3 salaries)
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₹23.2 L/yr - ₹36.2 L/yr
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₹22 L/yr - ₹28 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹26.6 L/yr - ₹33.9 L/yr

Salary related reviews for McKinsey & Company

5.0

Rated by 1 employees for salary & benefits

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

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 24 Aug 2023

4.0
 for  Salary and Benefits

Likes

...re is impressive. And you can work in a very flexible setup. It is hybrid model. Free meal pass is provided every month apart from salary.cab pick up and drop available. Colleagues are fun and supportive.

read more
  • Salary - Good
  • +6 more

Dislikes

Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 07 Jan 2023

2.0
 for  Salary and Benefits

Likes

desk job. good start for a fresher

  • Job security - Good

Dislikes

...ality its a biased place. those who the manager likes will move to better roles. salary and Hike is less when compared to same profiles on other companies

read more
  • Salary - Poor
  • +4 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
see more salary related reviews

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McKinsey & Company Associate Consultant Salary FAQs

What is the salary of Associate Consultant at McKinsey & Company?
Associate Consultant salary at McKinsey & Company in India ranges between ₹18.0 Lakhs to ₹74.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 304% more than the average Associate Consultant Salary in India. Salary estimates are based on 55 latest salaries received from various employees of McKinsey & Company India.
How does the salary of a Associate Consultant at McKinsey & Company India compare with the average salary range for this job?
The average salary of a Associate Consultant at McKinsey & Company is 304% more than the average salary of a Associate Consultant in India. To know exact salary insights, login to view.
Which similar companies are paying more than McKinsey & Company to a Associate Consultant in India?
  • Kearney Associate Consultant Salary - ₹24.0 Lakhs to ₹65.0 Lakhs per year
What is the salary of a Associate Consultant in companies similar to McKinsey & Company in India?
  • Bain & Company Associate Consultant Salary - ₹13.5 Lakhs to ₹43.0 Lakhs per year
  • BCG Associate Consultant Salary - ₹16.0 Lakhs to ₹45.0 Lakhs per year
  • Mercer Associate Consultant Salary - ₹10.5 Lakhs to ₹36.7 Lakhs per year
  • TCS Associate Consultant Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
  • ZS Associate Consultant Salary - ₹9.3 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Associate Consultant at McKinsey & Company in India?
The estimated take-home salary of a Associate Consultant at McKinsey & Company ranges between ₹2,50,639 per month to ₹2,60,834 per month in India. The take-home salary calculation is based on the average McKinsey & Company Associate Consultant salary in India which ranges between ₹18.0 Lakhs to ₹74.0 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 Associate Consultant at McKinsey & Company?
According to AmbitionBox, 71% of the McKinsey & Company Associate Consultants reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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McKinsey & Company Associate Consultant salary in India ranges between ₹18 Lakhs to ₹74 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 55 McKinsey & Company latest salaries received from various employees of McKinsey & Company.