McKinsey & Company New Delhi Associate Salaries by 30+ Employees (Updated 2025)

2 - 8 years exp.

₹32 Lakhs - ₹67.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

757% more than the average Associate Salary in Management Consulting Companies for 2 - 8 years of experience

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Salaries in different departments

Consulting Associate Salary 2 - 8 years exp. (13 salaries)	₹40 L/yr - ₹62 L/yr
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Strategic & Top Management Associate Salary 2 - 5 years exp. (5 salaries)	₹44 L/yr - ₹58 L/yr

Last Updated: 14 Mar 2025

Companies similar to McKinsey & Company for Associate in New Delhi

McKinsey & Company Associate Salary

2 - 8 years exp. (33 salaries)

₹32 L/yr - ₹67.3 L/yr

Company name	Avg Annual Salary	Open Jobs
PwC Associate Salary 0 - 8 years exp. (1.1k salaries)	₹5 L/yr - ₹18 L/yr 77% less	177 job openings
Ernst & Young Associate Salary 0 - 10 years exp. (396 salaries)	₹3.7 L/yr - ₹15 L/yr 82% less	36 job openings
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Bain & Company Associate Salary 0 - 6 years exp. (180 salaries)	₹7.8 L/yr - ₹25 L/yr 65% less	7 job openings
ZS Associate Salary 0 - 5 years exp. (63 salaries)	₹5.5 L/yr - ₹16.1 L/yr 73% less	1 job opening
KPMG India Associate Salary 0 - 7 years exp. (51 salaries)	₹5.7 L/yr - ₹19.3 L/yr 76% less	1 job opening
RSM US in India Associate Salary 0 - 5 years exp. (43 salaries)	₹6 L/yr - ₹17.5 L/yr 77% less	6 job openings
Deloitte Associate Salary 0 - 5 years exp. (33 salaries)	₹4 L/yr - ₹13 L/yr 82% less
BCG Associate Salary 0 - 6 years exp. (28 salaries)	₹6.4 L/yr - ₹24.1 L/yr 71% less
Gerson Lehrman Group Associate Salary 0 - 6 years exp. (17 salaries)	₹5.2 L/yr - ₹11.8 L/yr 84% less
Alvarez & Marsal Associate Salary 0 - 5 years exp. (13 salaries)	₹10 L/yr - ₹16 L/yr 74% less	1 job opening
Mercer Associate Salary 6 - 15 years exp. (10 salaries)	₹17.6 L/yr - ₹38 L/yr 35% less
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Gartner Associate Salary 1 - 3 years exp. (9 salaries)	₹5 L/yr - ₹8.5 L/yr 88% less
Protiviti Associate Salary 2 - 4 years exp. (4 salaries)	₹5 L/yr - ₹7.4 L/yr 86% less
Frost & Sullivan Associate Salary 0 - 2 years exp. (3 salaries)	₹4.2 L/yr - ₹5.6 L/yr 90% less

Associate salary at McKinsey & Company ranges between ₹32 Lakhs to ₹67.3 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 33 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Associate in New Delhi

3w ago

₹50 Lakhs

8 years exp.

4w ago

₹56 Lakhs

6 years exp.

1mo ago

₹62 Lakhs

5 years exp.

2mo ago

₹60 Lakhs

4 years exp.

2mo ago

₹46 Lakhs

5 years exp.

2mo ago

2 years exp.

2mo ago

3 years exp.

3mo ago

4 years exp.

3mo ago

3 years exp.

3mo ago

5 years exp.

Experience wise McKinsey & Company Associate salaries in New Delhi

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
2 years (7 salaries)	₹40 L/yr - ₹67.3 L/yr
3 years (7 salaries)	₹34 L/yr - ₹65 L/yr
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4 years (6 salaries)	₹34 L/yr - ₹60 L/yr
5 years (7 salaries)	₹32 L/yr - ₹62 L/yr
6 years (4 salaries)	₹32 L/yr - ₹58 L/yr
7 years (AmbitionBox Estimate)	₹48.9 L/yr - ₹54.1 L/yr
8 years (AmbitionBox Estimate)	₹49.1 L/yr - ₹54.3 L/yr

View all

Similar Designation salaries in McKinsey & Company

Senior Consultant Salary

(8 salaries)

₹15 L/yr - ₹40.05 L/yr

Top skills at McKinsey & Company for Associate

Bank Reconciliation General Accounting Finance P2P Invoice Processing

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Financial Associate in Chennai

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...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.

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desk job. good start for a fresher

Job security - Good

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...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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McKinsey & Company Associate Salary FAQs

What is the salary of Associate at McKinsey & Company in New Delhi?

The average salary of a Associate at McKinsey & Company in New Delhi typically ranges from ₹32.0 Lakhs to ₹67.3 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Associate in New Delhi at McKinsey & Company earn more than ₹60.4 Lakhs per year, and the top 1% earn over ₹67.3 Lakhs per year. Associate Salaries at McKinsey & Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ McKinsey & Company employees in India.

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

The estimated take-home salary of a Associate at McKinsey & Company in New Delhi typically ranges from ₹2,97,816 to ₹3,09,525 per month. This is based on the average salary range of ₹32.0 Lakhs to ₹67.3 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate at McKinsey & Company in New Delhi?

To be a Associate at McKinsey & Company in New Delhi, the key skills required include:

- Bank Reconciliation
- General Accounting
- Finance
- P2P
- Invoice Processing

These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.

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

The salary of a Associate at companies similar to McKinsey & Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mercer	₹17.6 Lakhs to ₹38.0 Lakhs per year
Bain & Company	₹7.8 Lakhs to ₹25.0 Lakhs per year
BCG	₹6.4 Lakhs to ₹24.1 Lakhs per year
ZS	₹5.5 Lakhs to ₹16.1 Lakhs per year
Alvarez & Marsal	₹10.0 Lakhs to ₹16.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate at McKinsey & Company in New Delhi?

The salary growth for a Associate at McKinsey & Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Associate in New Delhi can expect the following growth trajectory at McKinsey & Company:

Experience	Average Salary Range
2 years	₹40.0 Lakhs to ₹67.3 Lakhs per year
3 years	₹34.0 Lakhs to ₹65.0 Lakhs per year
4 years	₹34.0 Lakhs to ₹60.0 Lakhs per year
5 years	₹32.0 Lakhs to ₹62.0 Lakhs per year

and so on.

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McKinsey & Company Associate Salaries in New Delhi

McKinsey & Company Associate salary in New Delhi ranges between ₹32 Lakhs to ₹67.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 McKinsey & Company latest salaries received from various employees of McKinsey & Company.