McKinsey & Company Business Analyst Salaries by 100+ Employees (Updated 2024)

0 - 3 years exp.

₹7.3 Lakhs - ₹27 Lakhs

Salary of majority employees

71% more than the average Business Analyst Salary in Management Consulting Companies for 0 - 3 years of experience

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Last Updated: 21 Sep 2024

Companies similar to McKinsey & Company for Business Analyst

Company name	Avg Annual Salary	Open Jobs
BCG Business Analyst Salary 0 - 7 years exp. (51 salaries)	₹5 L/yr - ₹21.8 L/yr 26% less
Bain & Company Business Analyst Salary 0 - 5 years exp. (53 salaries)	₹5.6 L/yr - ₹16.1 L/yr 37% less
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Deloitte Business Analyst Salary 0 - 7 years exp. (2k salaries)	₹4.5 L/yr - ₹17 L/yr 39% less
PwC Business Analyst Salary 1 - 9 years exp. (228 salaries)	₹5.5 L/yr - ₹22.5 L/yr 25% less	12 job openings
Ernst & Young Business Analyst Salary 2 - 12 years exp. (313 salaries)	₹9.1 L/yr - ₹26.2 L/yr 6% less	2 job openings
KPMG India Business Analyst Salary 0 - 10 years exp. (193 salaries)	₹8.2 L/yr - ₹19.9 L/yr 24% less
Accenture Business Analyst Salary 0 - 11 years exp. (3.8k salaries)	₹4.1 L/yr - ₹17.5 L/yr 41% less	166 job openings
Capgemini Business Analyst Salary 1 - 12 years exp. (1.4k salaries)	₹5 L/yr - ₹21 L/yr 30% less	17 job openings
TCS Business Analyst Salary 0 - 13 years exp. (9.2k salaries)	₹4 L/yr - ₹15.1 L/yr 46% less
Infosys Business Analyst Salary 0 - 11 years exp. (1.4k salaries)	₹4.5 L/yr - ₹18 L/yr 39% less	1 job opening
IBM Business Analyst Salary 0 - 13 years exp. (1.4k salaries)	₹3.8 L/yr - ₹21.6 L/yr 29% less	5 job openings
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ZS Business Analyst Salary 0 - 3 years exp. (295 salaries)	₹6 L/yr - ₹18 L/yr 27% less
Gartner Business Analyst Salary 0 - 6 years exp. (252 salaries)	₹6 L/yr - ₹20.8 L/yr 26% less
Mercer Business Analyst Salary 4 - 11 years exp. (61 salaries)	₹5.4 L/yr - ₹20 L/yr 22% less
Blackrock Business Analyst Salary 0 - 6 years exp. (39 salaries)	₹3.9 L/yr - ₹13.4 L/yr 52% less
Willis Towers Watson Business Analyst Salary 0 - 14 years exp. (22 salaries)	₹5 L/yr - ₹13 L/yr 55% less
Kearney Business Analyst Salary 0 - 2 years exp. (21 salaries)	₹12 L/yr - ₹18 L/yr 5% more
The Smart Cube Business Analyst Salary 0 - 5 years exp. (10 salaries)	₹6 L/yr - ₹13 L/yr 37% less
Protiviti Consulting Business Analyst Salary 2 - 7 years exp. (9 salaries)	₹5 L/yr - ₹19 L/yr 29% less
VISTRA INTERNATIONAL EXPANSION Business Analyst Salary 5 - 9 years exp. (8 salaries)	₹8.7 L/yr - ₹19 L/yr 10% less

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Business Analyst salary at McKinsey & Company ranges between ₹7.3 Lakhs to ₹27 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 118 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Business Analyst salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
Fresher (73 salaries)	₹8 L/yr - ₹27 L/yr
1 year (25 salaries)	₹7.1 L/yr - ₹25.3 L/yr
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2 years (10 salaries)	₹8.8 L/yr - ₹24 L/yr
3 years (10 salaries)	₹8.2 L/yr - ₹26 L/yr

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Salary related reviews for McKinsey & Company

3.6

Rated by 12 employees for salary & benefits

Analyst in Gurgaon / Gurugram

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.

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.

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

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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 Business Analyst Salary FAQs

What is the salary of Business Analyst at McKinsey & Company?

Business Analyst salary at McKinsey & Company in India ranges between ₹7.3 Lakhs to ₹27.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 71% more than the average Business Analyst Salary in India. Salary estimates are based on 118 latest salaries received from various employees of McKinsey & Company India.

How does the salary of a Business Analyst at McKinsey & Company India compare with the average salary range for this job?

The average salary of a Business Analyst at McKinsey & Company is 71% more than the average salary of a Business Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than McKinsey & Company to a Business Analyst in India?

Kearney Business Analyst Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Business Analyst in companies similar to McKinsey & Company in India?

WSP Business Analyst Salary - ₹11.9 Lakhs to ₹18.0 Lakhs per year
Ernst & Young Business Analyst Salary - ₹9.1 Lakhs to ₹26.2 Lakhs per year
VISTRA INTERNATIONAL EXPANSION Business Analyst Salary - ₹8.7 Lakhs to ₹19.0 Lakhs per year
Mercer Business Analyst Salary - ₹5.4 Lakhs to ₹20.0 Lakhs per year
Mott MacDonald Business Analyst Salary - ₹5.5 Lakhs to ₹25.0 Lakhs per year

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 ranges between ₹1,13,616 per month to ₹1,16,777 per month in India. The take-home salary calculation is based on the average McKinsey & Company Business Analyst salary in India which ranges between ₹7.3 Lakhs to ₹27.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at McKinsey & Company?

According to AmbitionBox, 40% of the McKinsey & Company Business Analysts reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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McKinsey & Company Business Analyst Salaries

McKinsey & Company Business Analyst salary in India ranges between ₹7.3 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 118 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

McKinsey & Company Business Analyst salaries in India

Companies similar to McKinsey & Company for Business Analyst

Latest annual salaries shared by McKinsey & Company Business Analyst

Experience wise McKinsey & Company Business Analyst salaries

Similar Designation salaries in McKinsey & Company

Salary related reviews for McKinsey & Company

Analyst in Gurgaon / Gurugram

Junior Associate in Mumbai

Manager in New Delhi

Financial Associate in Chennai

Business Presentation Specialist in Bangalore / Bengaluru

McKinsey & Company Business Analyst Salary FAQs

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