McKinsey & Company Business Consultant Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹8 Lakhs - ₹25.8 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Business Consultant Salary in Management Consulting Companies for 1 - 6 years of experience

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Last Updated: 6 Feb 2025

Companies similar to McKinsey & Company for Business Consultant

Company name	Avg Annual Salary	Open Jobs
BCG Business Consultant Salary 0 - 1 year exp. (4 salaries)	₹24 L/yr - ₹33 L/yr 51% more
Bain & Company Business Consultant Salary 0 - 4 years exp. (3 salaries)	₹10 L/yr - ₹39 L/yr 51% more
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Deloitte Business Consultant Salary 2 - 9 years exp. (60 salaries)	₹9.1 L/yr - ₹23 L/yr 6% less
PwC Business Consultant Salary 0 - 3 years exp. (8 salaries)	₹9.5 L/yr - ₹22 L/yr 7% less
KPMG India Business Consultant Salary 0 - 4 years exp. (24 salaries)	₹10 L/yr - ₹28.2 L/yr 3% more	5 job openings
Accenture Business Consultant Salary 3 - 10 years exp. (89 salaries)	₹7.3 L/yr - ₹31 L/yr 4% more
Ernst & Young Business Consultant Salary 0 - 9 years exp. (587 salaries)	₹6.5 L/yr - ₹25.8 L/yr 17% less	38 job openings
IBM Business Consultant Salary 0 - 10 years exp. (20 salaries)	₹6 L/yr - ₹18.6 L/yr 30% less
Capgemini Business Consultant Salary 2 - 9 years exp. (100 salaries)	₹6.5 L/yr - ₹17.4 L/yr 25% less
TCS Business Consultant Salary 1 - 13 years exp. (446 salaries)	₹8 L/yr - ₹32 L/yr 10% more
ZS Business Consultant Salary 5 - 8 years exp. (56 salaries)	₹14.6 L/yr - ₹35 L/yr 67% more
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Mercer Business Consultant Salary 10 - 12 years exp. (5 salaries)	₹15.5 L/yr - ₹17.5 L/yr At par
Protiviti Business Consultant Salary 0 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹9 L/yr 63% less	2 job openings
Blackrock Business Consultant Salary 5 - 9 years exp. (3 salaries)	₹8.6 L/yr - ₹23 L/yr 22% less
Gartner Business Consultant Salary 0 - 13 years exp. (3 salaries)	₹14 L/yr - ₹35.6 L/yr 23% more

Business Consultant salary at McKinsey & Company ranges between ₹8 Lakhs to ₹25.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Business Consultant salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹15.6 L/yr
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹21.8 L/yr
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3 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
4 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹34.1 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹40.2 L/yr
6 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹28.5 L/yr

View all

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Salary related reviews for McKinsey & Company

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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

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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)

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Manager in New Delhi

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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

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Financial Associate in Chennai

Full Time

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5.0

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for Salary and Benefits

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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.

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

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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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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McKinsey & Company Business Consultant Salary FAQs

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

Business Consultant salary at McKinsey & Company in India ranges between ₹8.0 Lakhs to ₹25.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 19% more than the average Business Consultant Salary in India. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company India.

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

The average salary of a Business Consultant at McKinsey & Company is 19% more than the average salary of a Business Consultant in India. To know exact salary insights, login to view.

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

ZS Business Consultant Salary - ₹14.6 Lakhs to ₹35.0 Lakhs per year
BCG Business Consultant Salary - ₹24.0 Lakhs to ₹33.0 Lakhs per year
Bain & Company Business Consultant Salary - ₹10.0 Lakhs to ₹39.0 Lakhs per year
Gartner Business Consultant Salary - ₹14.0 Lakhs to ₹35.6 Lakhs per year
TCS Business Consultant Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year

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

Accenture Business Consultant Salary - ₹7.3 Lakhs to ₹31.0 Lakhs per year
KPMG India Business Consultant Salary - ₹10.0 Lakhs to ₹28.2 Lakhs per year
Mercer Business Consultant Salary - ₹15.5 Lakhs to ₹17.5 Lakhs per year
Deloitte Business Consultant Salary - ₹9.1 Lakhs to ₹23.0 Lakhs per year
PwC Business Consultant Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Business Consultant at McKinsey & Company in India?

The estimated take-home salary of a Business Consultant at McKinsey & Company ranges between ₹1,16,593 per month to ₹1,19,850 per month in India. The take-home salary calculation is based on the average McKinsey & Company Business Consultant salary in India which ranges between ₹8.0 Lakhs to ₹25.8 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 Business Consultant at McKinsey & Company?

According to AmbitionBox, 100% of the McKinsey & Company Business Consultants reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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McKinsey & Company Business Consultant Salaries

McKinsey & Company Business Consultant salary in India ranges between ₹8 Lakhs to ₹25.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 McKinsey & Company latest salaries received from various employees of McKinsey & Company.