McKinsey & Company Consultant Salaries by 100+ Employees (Updated 2025)

0 - 8 years exp.

₹16.5 Lakhs - ₹55.2 Lakhs

Salary of majority employees

146% more than the average Consultant Salary in Management Consulting Companies for 0 - 8 years of experience

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Salaries in different departments

Consulting Consultant Salary 0 - 8 years exp. (85 salaries)	₹15 L/yr - ₹55 L/yr
Strategic & Top Management Consultant Salary 1 - 8 years exp. (19 salaries)	₹17 L/yr - ₹60 L/yr
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Procurement & Supply Chain Consultant Salary 4 - 7 years exp. (6 salaries)	₹22.5 L/yr - ₹38 L/yr
Data Science & Analytics Consultant Salary 3 - 5 years exp. (4 salaries)	₹13.5 L/yr - ₹27.2 L/yr

Last Updated: 24 Feb 2025

Companies similar to McKinsey & Company for Consultant

Company name	Avg Annual Salary	Open Jobs
BCG Consultant Salary 2 - 12 years exp. (551 salaries)	₹25 L/yr - ₹93.5 L/yr 64% more	2 job openings
Global Wings Abudhabi Consultant Salary 1 - 12 years exp. (14 salaries)	₹5.4 L/yr - ₹17 L/yr 64% less
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Bain & Company Consultant Salary 2 - 6 years exp. (188 salaries)	₹24 L/yr - ₹70 L/yr 62% more	1 job opening
Deloitte Consultant Salary 0 - 10 years exp. (33.4k salaries)	₹6.3 L/yr - ₹23.2 L/yr 55% less	3 job openings
PwC Consultant Salary 0 - 8 years exp. (2.7k salaries)	₹6 L/yr - ₹25 L/yr 56% less	8 job openings
KPMG India Consultant Salary 0 - 10 years exp. (7.7k salaries)	₹6.5 L/yr - ₹27 L/yr 56% less	20 job openings
Capgemini Consultant Salary 1 - 10 years exp. (55.2k salaries)	₹5.2 L/yr - ₹17.5 L/yr 67% less	5 job openings
Ernst & Young Consultant Salary 0 - 9 years exp. (12k salaries)	₹6.5 L/yr - ₹20.4 L/yr 62% less	136 job openings
TCS Consultant Salary 2 - 25 years exp. (5.9k salaries)	₹7.9 L/yr - ₹40 L/yr 33% less	2 job openings
Accenture Consultant Salary 1 - 13 years exp. (2.4k salaries)	₹9.3 L/yr - ₹34.7 L/yr 39% less	148 job openings
IBM Consultant Salary 0 - 13 years exp. (1.4k salaries)	₹8 L/yr - ₹28 L/yr 51% less	1 job opening
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ZS Consultant Salary 4 - 10 years exp. (640 salaries)	₹13 L/yr - ₹38 L/yr 21% less
Protiviti Consultant Salary 0 - 6 years exp. (484 salaries)	₹3 L/yr - ₹12.2 L/yr 79% less	1 job opening
Protiviti Consulting Consultant Salary 0 - 6 years exp. (138 salaries)	₹3.2 L/yr - ₹13.4 L/yr 77% less
Zinnov Management Consulting Consultant Salary 0 - 3 years exp. (89 salaries)	₹7 L/yr - ₹16.3 L/yr 66% less
Mercer Consultant Salary 1 - 7 years exp. (81 salaries)	₹12.1 L/yr - ₹28.1 L/yr 40% less
Kearney Consultant Salary 0 - 7 years exp. (61 salaries)	₹23 L/yr - ₹48 L/yr 2% less
Frost & Sullivan Consultant Salary 3 - 10 years exp. (45 salaries)	₹9 L/yr - ₹21 L/yr 56% less	2 job openings
The Hackett Group Consultant Salary 2 - 8 years exp. (51 salaries)	₹5 L/yr - ₹19.7 L/yr 66% less	6 job openings
Mott MacDonald Consultant Salary 0 - 9 years exp. (37 salaries)	₹5.4 L/yr - ₹10.6 L/yr 76% less	3 job openings

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Consultant salary at McKinsey & Company ranges between ₹16.5 Lakhs to ₹55.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 188 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Consultant salaries

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
Fresher (34 salaries)	₹25 L/yr - ₹55 L/yr
1 year (22 salaries)	₹16 L/yr - ₹50.6 L/yr
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2 years (29 salaries)	₹17.6 L/yr - ₹58.7 L/yr
3 years (25 salaries)	₹13.5 L/yr - ₹58 L/yr
4 years (26 salaries)	₹15 L/yr - ₹60 L/yr
5 years (21 salaries)	₹21 L/yr - ₹44 L/yr
6 years (12 salaries)	₹20 L/yr - ₹40 L/yr
7 years (11 salaries)	₹18 L/yr - ₹45 L/yr
8 years (8 salaries)	₹25 L/yr - ₹60 L/yr

View all

Similar Designation salaries in McKinsey & Company

Senior Consultant Salary

(78 salaries)

₹13 L/yr - ₹54.98 L/yr

Team Lead Salary

(49 salaries)

₹5.5 L/yr - ₹20.6 L/yr

Associate Consultant Salary

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₹18.35 L/yr - ₹73.6 L/yr

Technical Lead Salary

(5 salaries)

₹25 L/yr - ₹40 L/yr

Lead Engineer Salary

(3 salaries)

₹23.2 L/yr - ₹36.2 L/yr

Senior Engineer Salary

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₹18 L/yr - ₹50.6 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹26.6 L/yr - ₹33.9 L/yr

Senior Associate Salary

(45 salaries)

₹22 L/yr - ₹76 L/yr

Senior Developer Salary

(4 salaries)

₹22 L/yr - ₹28 L/yr

System Engineer Salary

(6 salaries)

₹2.6 L/yr - ₹3 L/yr

Salary related reviews for McKinsey & Company

4.6

Rated by 4 employees for salary & benefits

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

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)

Job security - Bad

+4 more

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

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.

Skill development - Bad

+5 more

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.

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

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

Salary - Poor

+4 more

Senior Process Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

5.0

• posted on 18 Feb 2022

2.0

for Salary and Benefits

Likes

We do have job security and opportunities to learn

Skill development - Good

+2 more

Dislikes

...was just done as formality. Its more like a monopoly and leads are very partial. Compensation is way below the market standards.

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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McKinsey & Company Consultant Salary FAQs

What is the salary of Consultant at McKinsey & Company?

Consultant salary at McKinsey & Company in India ranges between ₹16.5 Lakhs to ₹55.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 146% more than the average Consultant Salary in India. Salary estimates are based on 188 latest salaries received from various employees of McKinsey & Company India.

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

The average salary of a Consultant at McKinsey & Company is 146% more than the average salary of a Consultant in India. To know exact salary insights, login to view.

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

BCG Consultant Salary - ₹25.0 Lakhs to ₹93.5 Lakhs per year
Bain & Company Consultant Salary - ₹24.0 Lakhs to ₹70.0 Lakhs per year

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

Kearney Consultant Salary - ₹23.0 Lakhs to ₹48.0 Lakhs per year
ZS Consultant Salary - ₹13.0 Lakhs to ₹38.0 Lakhs per year
TCS Consultant Salary - ₹7.9 Lakhs to ₹40.0 Lakhs per year
Willis Towers Watson Consultant Salary - ₹9.3 Lakhs to ₹29.3 Lakhs per year
Accenture Consultant Salary - ₹9.3 Lakhs to ₹34.7 Lakhs per year

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

The estimated take-home salary of a Consultant at McKinsey & Company ranges between ₹2,07,410 per month to ₹2,15,651 per month in India. The take-home salary calculation is based on the average McKinsey & Company Consultant salary in India which ranges between ₹16.5 Lakhs to ₹55.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Consultant at McKinsey & Company?

According to AmbitionBox, 60% of the McKinsey & Company Consultants reported a notice period of 1 Month, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 53 responses on AmbitionBox in last 2 years.

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McKinsey & Company Consultant Salaries

McKinsey & Company Consultant salary in India ranges between ₹16.5 Lakhs to ₹55.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 188 McKinsey & Company latest salaries received from various employees of McKinsey & Company.