McKinsey & Company Mumbai Associate Partner Salaries by 7 Employees (Updated 2025)

9 - 17 years exp.

₹78 Lakhs - ₹1.7 Crore

Salary of majority employees

107% more than the average Associate Partner Salary in Management Consulting Companies for 9 - 17 years of experience

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Salaries in different departments

Finance & Accounting Associate Partner Salary 17 years exp. (AmbitionBox Estimate)	₹1 Cr/yr - ₹1.2 Cr/yr
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Strategic & Top Management Associate Partner Salary 15 years exp. (AmbitionBox Estimate)	₹1.2 Cr/yr - ₹1.5 Cr/yr

Last Updated: 31 Jan 2025

Companies similar to McKinsey & Company for Associate Partner in Mumbai

McKinsey & Company Associate Partner Salary

9 - 17 years exp. (7 salaries)

₹78 L/yr - ₹1.7 Cr/yr

Company name	Avg Annual Salary	Open Jobs
Ernst & Young Associate Partner Salary 15 - 22 years exp. (4 salaries)	₹65 L/yr - ₹1 Cr/yr 29% less
PwC Associate Partner Salary 10 - 17 years exp. (6 salaries)	₹51 L/yr - ₹80 L/yr 41% less
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KPMG India Associate Partner Salary 14 - 23 years exp. (6 salaries)	₹75 L/yr - ₹95 L/yr 26% less
IBM Associate Partner Salary 16 - 25 years exp. (20 salaries)	₹52 L/yr - ₹1 Cr/yr 31% less
Economic Laws Practice Associate Partner Salary 8 - 12 years exp. (11 salaries)	₹39 L/yr - ₹50 L/yr 63% less

Associate Partner salary at McKinsey & Company ranges between ₹78 Lakhs to ₹1.7 Crore per year for employees with experience between 9 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Associate Partner salaries in Mumbai

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹95 L/yr - ₹1.7 Cr/yr
10 years (AmbitionBox Estimate)	₹90 L/yr - ₹1.5 Cr/yr
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11 years (AmbitionBox Estimate)	₹78 L/yr - ₹2.2 Cr/yr
12 years (AmbitionBox Estimate)	₹1.1 Cr/yr - ₹1.3 Cr/yr
13 years (AmbitionBox Estimate)	₹1.1 Cr/yr - ₹1.3 Cr/yr
14 years (AmbitionBox Estimate)	₹1.1 Cr/yr - ₹1.3 Cr/yr
15+ years (AmbitionBox Estimate)	₹1 Cr/yr - ₹1.5 Cr/yr

View all

Similar Designation salaries in McKinsey & Company

Senior Associate Salary

(10 salaries)

₹24 L/yr - ₹65 L/yr

Salary related reviews for McKinsey & Company

Junior Associate in Mumbai

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)

Job security - Bad

+4 more

Manager in New Delhi

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.

Skill development - Bad

+5 more

Financial Associate in Chennai

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.

Salary - Good

+6 more

Dislikes

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

Business Presentation Specialist in Bangalore / Bengaluru

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

Salary - Poor

+4 more

Senior Process Associate in Bangalore / Bengaluru

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.

Salary - Poor

+2 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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McKinsey & Company Associate Partner Salary FAQs

What is the salary of Associate Partner at McKinsey & Company Mumbai?

Associate Partner salary at McKinsey & Company in Mumbai ranges between ₹78.0 Lakhs to ₹166.0 Lakhs for experience between 9 years to 17 years. According to our estimates it is 107% more than the average Associate Partner Salary in India. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company Mumbai.

How does the salary of a Associate Partner at McKinsey & Company Mumbai compare with the average salary range for this job?

The average salary of a Associate Partner at McKinsey & Company is 107% more than the average salary of a Associate Partner in Mumbai. To know exact salary insights, login to view.

What is the salary of a Associate Partner in companies similar to McKinsey & Company in Mumbai?

KPMG India Associate Partner Salary - ₹75.0 Lakhs to ₹95.0 Lakhs per year
Ernst & Young Associate Partner Salary - ₹65.0 Lakhs to ₹100.0 Lakhs per year
IBM Associate Partner Salary - ₹52.0 Lakhs to ₹101.0 Lakhs per year
PwC Associate Partner Salary - ₹51.0 Lakhs to ₹80.0 Lakhs per year
Economic Laws Practice Associate Partner Salary - ₹39.0 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Associate Partner at McKinsey & Company in Mumbai?

The estimated take-home salary of a Associate Partner at McKinsey & Company ranges between ₹6,34,631 per month to ₹6,48,493 per month in Mumbai. The take-home salary calculation is based on the average McKinsey & Company Associate Partner salary in India which ranges between ₹78.0 Lakhs to ₹166.0 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Associate Partner at McKinsey & Company in Mumbai?

According to AmbitionBox, 33% of the McKinsey & Company Associate Partners in Mumbai reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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McKinsey & Company Associate Partner Salaries in Mumbai

McKinsey & Company Associate Partner salary in Mumbai ranges between ₹78 Lakhs to ₹1.7 Crore with an average annual salary of ₹. Salary estimates are based on 7 McKinsey & Company latest salaries received from various employees of McKinsey & Company.