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McKinsey & Company Business Analyst salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹8 Lakhs - ₹32.2 Lakhs
Salary of majority employees
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86% more than the average Business Analyst Salary in Management Consulting Companies for 0 - 5 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
1 - 5 years exp. (3 salaries)
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₹10.3 L/yr - ₹20 L/yr

Consulting
Business Analyst Salary
1 - 2 years exp. (3 salaries)
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₹19.5 L/yr - ₹23 L/yr

Strategic & Top Management
Business Analyst Salary
2 years exp. (3 salaries)
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₹20 L/yr - ₹24 L/yr

Customer Success, Service & Operations
Business Analyst Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹17.6 L/yr - ₹21 L/yr

Last Updated: 16 Mar 2025

Companies similar to McKinsey & Company for Business Analyst

Company name Avg Annual Salary Open Jobs
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Deloitte Business Analyst Salary

0 - 7 years exp. (1.6k salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 43% less
1 job opening
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Ernst & Young Business Analyst Salary

1 - 9 years exp. (332 salaries)

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₹5 L/yr - ₹17.7 L/yr

arrow icon 38% less
6 job openings
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Gartner Business Analyst Salary

0 - 6 years exp. (234 salaries)

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₹8 L/yr - ₹24.5 L/yr

arrow icon 25% less
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PwC Business Analyst Salary

1 - 9 years exp. (225 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 34% less
3 job openings
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ZS Business Analyst Salary

0 - 3 years exp. (219 salaries)

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₹6 L/yr - ₹18 L/yr

arrow icon 33% less
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KPMG India Business Analyst Salary

0 - 7 years exp. (161 salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 43% less
2 job openings
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Mercer Business Analyst Salary

4 - 11 years exp. (62 salaries)

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₹5.4 L/yr - ₹20 L/yr

arrow icon 27% less
1 job opening
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Bain & Company Business Analyst Salary

0 - 4 years exp. (33 salaries)

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₹4.8 L/yr - ₹14.8 L/yr

arrow icon 45% less
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BCG Business Analyst Salary

1 - 6 years exp. (29 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 43% less
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Willis Towers Watson Business Analyst Salary

2 - 14 years exp. (22 salaries)

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₹5 L/yr - ₹13 L/yr

arrow icon 57% less
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Kearney Business Analyst Salary

0 - 2 years exp. (21 salaries)

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₹12 L/yr - ₹18 L/yr

arrow icon 4% less
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Huron Business Analyst Salary

2 - 7 years exp. (7 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 33% less
1 job opening
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Protiviti Consulting Business Analyst Salary

1 - 4 years exp. (7 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 69% less
1 job opening
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₹11 L/yr - ₹19 L/yr

arrow icon 17% less
1 job opening
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The Smart Cube Business Analyst Salary

1 - 5 years exp. (6 salaries)

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₹7.3 L/yr - ₹13.8 L/yr

arrow icon 39% less
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₹3.8 L/yr - ₹5 L/yr

arrow icon 76% less
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WSP Business Analyst Salary

3 - 10 years exp. (5 salaries)

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₹11.9 L/yr - ₹18 L/yr

arrow icon 11% less
1 job opening
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₹5 L/yr - ₹13.3 L/yr

arrow icon 57% less
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Frost & Sullivan Business Analyst Salary

4 - 13 years exp. (5 salaries)

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₹5.6 L/yr - ₹6.4 L/yr

arrow icon 65% less
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Alvarez & Marsal Business Analyst Salary

0 - 1 year exp. (4 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 53% less
View all
Business Analyst salary at McKinsey & Company ranges between ₹8 Lakhs to ₹32.2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 78 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Business Analyst

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Experience wise McKinsey & Company Business Analyst salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
Fresher  (21 salaries)

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₹17.8 L/yr - ₹34.5 L/yr
1 year  (22 salaries)

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₹7.6 L/yr - ₹28.7 L/yr
2 years  (17 salaries)

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₹7.8 L/yr - ₹31.3 L/yr
3 years  (11 salaries)

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₹7.2 L/yr - ₹32.3 L/yr
4 years  (3 salaries)

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₹8.5 L/yr - ₹25 L/yr
View all

Similar Designation salaries in McKinsey & Company

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₹10.6 L/yr - ₹33 L/yr
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₹9.1 L/yr - ₹25 L/yr
Senior Analyst Salary
(189 salaries)
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₹11.91 L/yr - ₹37 L/yr
Data Analyst Salary
(71 salaries)
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₹8.27 L/yr - ₹25.5 L/yr
Analyst Salary
(237 salaries)
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₹17 L/yr - ₹28 L/yr
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₹14 L/yr - ₹33 L/yr
Team Lead Salary
(46 salaries)
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₹5.5 L/yr - ₹20.9 L/yr
Data Scientist Salary
(38 salaries)
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₹13 L/yr - ₹46 L/yr
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₹36 L/yr - ₹70 L/yr
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₹36 L/yr - ₹50 L/yr

Salary related reviews for McKinsey & Company

3.6

Rated by 12 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

 · 

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
see more salary related reviews

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McKinsey & Company Business Analyst Salary FAQs

What is the salary of Business Analyst at McKinsey & Company ?
The average salary of a Business Analyst at McKinsey & Company in India typically ranges from ₹8.0 Lakhs to ₹32.2 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Business Analyst at McKinsey & Company earn more than ₹32.2 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Business Analyst 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 70+ McKinsey & Company employees in India.
What is the estimated take home salary of a Business Analyst at McKinsey & Company in India?
The estimated take-home salary of a Business Analyst at McKinsey & Company in India typically ranges from ₹1,22,254 to ₹1,25,812 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹32.2 Lakhs per year for employees with experience ranging from Fresher to 5 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 70+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Business Analyst in companies similar to McKinsey & Company in India?
The salary of a Business Analyst at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kearney ₹12.0 Lakhs to ₹18.0 Lakhs per year
WSP ₹11.9 Lakhs to ₹18.0 Lakhs per year
VISTRA INTERNATIONAL EXPANSION ₹11.0 Lakhs to ₹19.0 Lakhs per year
Gartner ₹8.0 Lakhs to ₹24.5 Lakhs per year
Mercer ₹5.4 Lakhs to ₹20.0 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 Business Analyst at McKinsey & Company in India?
The salary growth for a Business Analyst at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
Fresher ₹17.8 Lakhs to ₹34.5 Lakhs per year
1 year ₹7.6 Lakhs to ₹28.7 Lakhs per year
2 years ₹7.8 Lakhs to ₹31.3 Lakhs per year
3 years ₹7.2 Lakhs to ₹32.3 Lakhs per year
and so on.

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McKinsey & Company Business Analyst salary in India ranges between ₹8 Lakhs to ₹32.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 78 McKinsey & Company latest salaries received from various employees of McKinsey & Company.