McKinsey & Company Kolkata Associate Salaries by 10+ Employees (Updated 2024)

1 - 6 years exp.

₹24 Lakhs - ₹60 Lakhs

Salary of majority employees

573% more than the average Associate Salary in Management Consulting Companies for 1 - 6 years of experience

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Last Updated: 27 Oct 2024

Companies similar to McKinsey & Company for Associate in Kolkata

McKinsey & Company Associate Salary

1 - 6 years exp. (14 salaries)

₹24 L/yr - ₹60 L/yr

Company name	Avg Annual Salary	Open Jobs
Deloitte Associate Salary 1 - 4 years exp. (11 salaries)	₹6.3 L/yr - ₹15.7 L/yr 82% less
Accenture Associate Salary 0 - 6 years exp. (67 salaries)	₹0.8 L/yr - ₹7.8 L/yr 91% less	106 job openings
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KPMG India Associate Salary 0 - 5 years exp. (23 salaries)	₹5.4 L/yr - ₹18 L/yr 75% less
Ernst & Young Associate Salary 0 - 8 years exp. (66 salaries)	₹3.9 L/yr - ₹15 L/yr 80% less	25 job openings
PwC Associate Salary 0 - 7 years exp. (2.5k salaries)	₹4.1 L/yr - ₹15 L/yr 79% less	167 job openings
TCS Associate Salary 0 - 8 years exp. (850 salaries)	₹1 L/yr - ₹6 L/yr 93% less
Wipro Associate Salary 0 - 10 years exp. (1.6k salaries)	₹0.7 L/yr - ₹4.3 L/yr 94% less	8 job openings
Capgemini Associate Salary 0 - 4 years exp. (239 salaries)	₹1 L/yr - ₹4.1 L/yr 94% less	1 job opening

Associate salary at McKinsey & Company ranges between ₹24 Lakhs to ₹60 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 14 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Associate salaries in Kolkata

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹42 L/yr - ₹81.8 L/yr
2 years (AmbitionBox Estimate)	₹44 L/yr - ₹83.2 L/yr
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3 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹60 L/yr
4 years (3 salaries)	₹24 L/yr - ₹60 L/yr
5 years (3 salaries)	₹24 L/yr - ₹87.5 L/yr
6 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹60 L/yr

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Similar Designation salaries in McKinsey & Company

Junior Associate Salary

(7 salaries)

₹29 L/yr - ₹42 L/yr

Top skills at McKinsey & Company for Associate

Bank Reconciliation General Accounting Finance P2P Invoice Processing

Salary related reviews for McKinsey & Company

Associate (working remotely)

Full Time

Project & Program Management Department

2.0

• posted on 28 Jul 2023

5.0

for Salary and Benefits

Likes

Great benefits and salary. Smart people

Dislikes

Shoving people under the bus is something that happens recurrently, there is no coaching, people will change huge demands just because they want to and you have to be able to deliver. WLB is non existing. People are always sick or burnout

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

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)

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

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.

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.

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

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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McKinsey & Company Associate Salary FAQs

What is the salary of Associate at McKinsey & Company Kolkata?

Associate salary at McKinsey & Company in Kolkata ranges between ₹24.0 Lakhs to ₹60.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 573% more than the average Associate Salary in India. Salary estimates are based on 14 latest salaries received from various employees of McKinsey & Company Kolkata.

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

The average salary of a Associate at McKinsey & Company is 573% more than the average salary of a Associate in Kolkata. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at McKinsey & Company?

Bank Reconciliation, General Accounting, Finance, P2P and Invoice Processing are some of the popular skills required to work as a Associate at McKinsey & Company Kolkata.

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

KPMG India Associate Salary - ₹5.4 Lakhs to ₹18.0 Lakhs per year
PwC Associate Salary - ₹4.1 Lakhs to ₹15.0 Lakhs per year
Ernst & Young Associate Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
Deloitte Associate Salary - ₹6.3 Lakhs to ₹15.7 Lakhs per year
Accenture Associate Salary - ₹0.8 Lakhs to ₹7.8 Lakhs per year

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

The estimated take-home salary of a Associate at McKinsey & Company ranges between ₹2,82,239 per month to ₹2,93,819 per month in Kolkata. The take-home salary calculation is based on the average McKinsey & Company Associate salary in India which ranges between ₹24.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the McKinsey & Company Associates in Kolkata reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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McKinsey & Company Associate Salaries in Kolkata

McKinsey & Company Associate salary in Kolkata ranges between ₹24 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 McKinsey & Company latest salaries received from various employees of McKinsey & Company.