McKinsey & Company Mumbai Engagement Manager Salaries by 30+ Employees (Updated 2025)

4 - 14 years exp.

₹40 Lakhs - ₹1 Crore

Salary of majority employees

116% more than the average Engagement Manager Salary in Management Consulting Companies for 4 - 14 years of experience

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Salaries in different departments

Strategic & Top Management Engagement Manager Salary 4 - 14 years exp. (8 salaries)	₹82.5 L/yr - ₹1 Cr/yr
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Consulting Engagement Manager Salary 8 years exp. (AmbitionBox Estimate)	₹68 L/yr - ₹89.1 L/yr

Last Updated: 16 Feb 2025

Companies similar to McKinsey & Company for Engagement Manager in Mumbai

McKinsey & Company Engagement Manager Salary

4 - 14 years exp. (30 salaries)

₹40 L/yr - ₹1 Cr/yr

Company name	Avg Annual Salary	Open Jobs
Bain & Company Engagement Manager Salary 7 - 11 years exp. (3 salaries)	₹55 L/yr - ₹73 L/yr 23% less
Deloitte Engagement Manager Salary 6 - 11 years exp. (6 salaries)	₹33 L/yr - ₹56 L/yr 41% less
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Accenture Engagement Manager Salary 6 - 12 years exp. (19 salaries)	₹28 L/yr - ₹75 L/yr 31% less
KPMG India Engagement Manager Salary 9 - 11 years exp. (3 salaries)	₹21 L/yr - ₹30 L/yr 66% less
PwC Engagement Manager Salary 4 - 11 years exp. (6 salaries)	₹27.5 L/yr - ₹45.5 L/yr 58% less
Ernst & Young Engagement Manager Salary 5 - 12 years exp. (16 salaries)	₹25 L/yr - ₹50 L/yr 55% less
Capgemini Engagement Manager Salary 14 - 22 years exp. (47 salaries)	₹11.7 L/yr - ₹35.5 L/yr 72% less	6 job openings
TCS Engagement Manager Salary 16 - 19 years exp. (7 salaries)	₹20.3 L/yr - ₹35 L/yr 64% less
Zinnov Management Consulting Engagement Manager Salary 9 - 15 years exp. (7 salaries)	₹30 L/yr - ₹48 L/yr 50% less	3 job openings

Engagement Manager salary at McKinsey & Company ranges between ₹40 Lakhs to ₹1 Crore per year for employees with experience between 4 years to 14 years. Salary estimates are based on 30 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Engagement Manager salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
4 years (5 salaries)	₹50 L/yr - ₹1 Cr/yr
5 years (3 salaries)	₹85 L/yr - ₹1 Cr/yr
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6 years (AmbitionBox Estimate)	₹40 L/yr - ₹96 L/yr
7 years (7 salaries)	₹50 L/yr - ₹90 L/yr
8 years (AmbitionBox Estimate)	₹68 L/yr - ₹1.5 Cr/yr
9 years (7 salaries)	₹50 L/yr - ₹1 Cr/yr
10 years (AmbitionBox Estimate)	₹79.5 L/yr - ₹87.9 L/yr
11 years (AmbitionBox Estimate)	₹79.2 L/yr - ₹87.5 L/yr
12 years (3 salaries)	₹80 L/yr - ₹94 L/yr
13 years (AmbitionBox Estimate)	₹78.5 L/yr - ₹86.8 L/yr
14 years (AmbitionBox Estimate)	₹32.9 L/yr - ₹83 L/yr

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Similar Designation salaries in McKinsey & Company

Management Consultant Salary

(4 salaries)

₹33 L/yr - ₹50 L/yr

Salary related reviews for McKinsey & Company

5.0

Rated by 1 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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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 Engagement Manager Salary FAQs

What is the salary of Engagement Manager at McKinsey & Company Mumbai?

Engagement Manager salary at McKinsey & Company in Mumbai ranges between ₹40.0 Lakhs to ₹101.0 Lakhs for experience between 4 years to 14 years. According to our estimates it is 116% more than the average Engagement Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of McKinsey & Company Mumbai.

How does the salary of a Engagement Manager at McKinsey & Company Mumbai compare with the average salary range for this job?

The average salary of a Engagement Manager at McKinsey & Company is 116% more than the average salary of a Engagement Manager in Mumbai. To know exact salary insights, login to view.

What is the salary of a Engagement Manager in companies similar to McKinsey & Company in Mumbai?

Bain & Company Engagement Manager Salary - ₹55.0 Lakhs to ₹73.0 Lakhs per year
Accenture Engagement Manager Salary - ₹28.0 Lakhs to ₹75.0 Lakhs per year
Deloitte Engagement Manager Salary - ₹33.0 Lakhs to ₹56.0 Lakhs per year
Zinnov Management Consulting Engagement Manager Salary - ₹30.0 Lakhs to ₹48.0 Lakhs per year
Ernst & Young Engagement Manager Salary - ₹25.0 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Engagement Manager at McKinsey & Company in Mumbai?

The estimated take-home salary of a Engagement Manager at McKinsey & Company ranges between ₹4,61,178 per month to ₹4,74,216 per month in Mumbai. The take-home salary calculation is based on the average McKinsey & Company Engagement Manager salary in India which ranges between ₹40.0 Lakhs to ₹101.0 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Engagement Manager at McKinsey & Company in Mumbai?

According to AmbitionBox, 50% of the McKinsey & Company Engagement Managers in Mumbai reported a notice period of 1 Month, 30% reported a notice period of 2 Months 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 Engagement Manager Salaries in Mumbai

McKinsey & Company Engagement Manager salary in Mumbai ranges between ₹40 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 30 McKinsey & Company latest salaries received from various employees of McKinsey & Company.