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

21% 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
Ernst & Young Business Consultant Salary 0 - 9 years exp. (549 salaries)	₹6.5 L/yr - ₹25 L/yr 17% less	48 job openings
ZS Business Consultant Salary 3 - 8 years exp. (65 salaries)	₹14 L/yr - ₹35 L/yr 55% more
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Deloitte Business Consultant Salary 2 - 8 years exp. (62 salaries)	₹8 L/yr - ₹28 L/yr 6% less
KPMG India Business Consultant Salary 1 - 5 years exp. (26 salaries)	₹6.2 L/yr - ₹15.5 L/yr 12% less	8 job openings
PwC Business Consultant Salary 0 - 3 years exp. (6 salaries)	₹15 L/yr - ₹22 L/yr 1% less
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
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
Gartner Business Consultant Salary 0 - 14 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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Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

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McKinsey & Company Business Consultant Salary FAQs

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

The average salary of a Business Consultant at McKinsey & Company in India typically ranges from ₹8.0 Lakhs to ₹25.8 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Business Consultant at McKinsey & Company earn more than ₹33.7 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Business Consultant 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 7 McKinsey & Company employees in India.

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 in India typically ranges from ₹1,16,593 to ₹1,19,850 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹25.8 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than McKinsey & Company for Business Consultant in India?

ZS	₹14.0 Lakhs to ₹35.0 Lakhs per year
BCG	₹24.0 Lakhs to ₹33.0 Lakhs per year
Bain & Company	₹10.0 Lakhs to ₹39.0 Lakhs per year
Gartner	₹14.0 Lakhs to ₹35.6 Lakhs per year
Mercer	₹15.5 Lakhs to ₹17.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by McKinsey & Company, depending on the role and experience level.

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

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

PwC	₹15.0 Lakhs to ₹22.0 Lakhs per year
Deloitte	₹8.0 Lakhs to ₹28.0 Lakhs per year
KPMG India	₹6.2 Lakhs to ₹15.5 Lakhs per year
Ernst & Young	₹6.5 Lakhs to ₹25.0 Lakhs per year
Protiviti	₹3.5 Lakhs to ₹9.0 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 Consultant at McKinsey & Company in India?

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

Experience	Average Salary Range
1 year	₹8.0 Lakhs to ₹15.6 Lakhs per year
2 years	₹8.0 Lakhs to ₹21.8 Lakhs per year
3 years	₹14.0 Lakhs to ₹17.9 Lakhs per year
4 years	₹7.6 Lakhs to ₹34.1 Lakhs per year

and so on.

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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.