McKinsey & Company Expert Consultant Salaries by 10 Employees

2 - 18 years exp.

₹29 Lakhs - ₹48 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

31% more than the average Expert Consultant Salary in Management Consulting Companies for 2 - 18 years of experience

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Salaries in different departments

Consulting Expert Consultant Salary 9 - 18 years exp. (5 salaries)	₹35 L/yr - ₹48 L/yr
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Procurement & Supply Chain Expert Consultant Salary 6 years exp. (AmbitionBox Estimate)	₹42 L/yr - ₹46 L/yr

Last Updated: 15 Jun 2024

Companies similar to McKinsey & Company for Expert Consultant

Company name	Avg Annual Salary	Open Jobs
BCG Expert Consultant Salary 4 - 11 years exp. (11 salaries)	₹32 L/yr - ₹80 L/yr 53% more
Societe Generale Global Solution Centre Expert Consultant Salary 6 - 16 years exp. (41 salaries)	₹17 L/yr - ₹51 L/yr 21% less
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Finastra Expert Consultant Salary 13 - 17 years exp. (4 salaries)	₹20.8 L/yr - ₹26 L/yr 43% less
CGI Group Expert Consultant Salary 16 - 19 years exp. (4 salaries)	₹30.4 L/yr - ₹40 L/yr 10% less
Pradan Expert Consultant Salary 7 - 8 years exp. (3 salaries)	₹15 L/yr - ₹16.5 L/yr 62% less

Expert Consultant salary at McKinsey & Company ranges between ₹29 Lakhs to ₹48 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 10 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Expert Consultant

6mo ago

₹46 Lakhs

6 years exp.

8mo ago

₹46 Lakhs

5 years exp.

8mo ago

₹46 Lakhs

6 years exp.

1y ago

₹35 Lakhs

11 years exp.

1y ago

₹35 Lakhs

10 years exp.

1y ago

9 years exp.

1y ago

18 years exp.

1y ago

9 years exp.

1y ago

2 years exp.

1y ago

7 years exp.

Experience wise McKinsey & Company Expert Consultant salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹29 L/yr - ₹68.7 L/yr
3 years (AmbitionBox Estimate)	₹34.6 L/yr - ₹44.2 L/yr
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4 years (AmbitionBox Estimate)	₹34.8 L/yr - ₹44.5 L/yr
5 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹46 L/yr
6 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹46 L/yr
7 years (AmbitionBox Estimate)	₹35 L/yr - ₹71.1 L/yr
8 years (AmbitionBox Estimate)	₹35.8 L/yr - ₹45.7 L/yr
9 years (AmbitionBox Estimate)	₹35 L/yr - ₹42 L/yr
10 years (AmbitionBox Estimate)	₹35 L/yr - ₹72.6 L/yr
11 years (AmbitionBox Estimate)	₹35 L/yr - ₹73 L/yr
12 years (AmbitionBox Estimate)	₹36.8 L/yr - ₹47 L/yr
13 years (AmbitionBox Estimate)	₹37 L/yr - ₹47.3 L/yr
14 years (AmbitionBox Estimate)	₹37.3 L/yr - ₹47.6 L/yr
15+ years (AmbitionBox Estimate)	₹16.8 L/yr - ₹48 L/yr

View all

Similar Designation salaries in McKinsey & Company

Supervisor Salary

(7 salaries)

₹10.1 L/yr - ₹17.15 L/yr

Project Manager Salary

(5 salaries)

₹36 L/yr - ₹70 L/yr

Deputy Manager Salary

(5 salaries)

₹12.25 L/yr - ₹45 L/yr

Senior Engineer Salary

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₹18 L/yr - ₹50.6 L/yr

Production Manager Salary

(5 salaries)

₹23.64 L/yr - ₹45 L/yr

Junior Engineer Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹18.4 L/yr - ₹23.5 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹237.5 L/yr - ₹262.5 L/yr

Salary related reviews for McKinsey & Company

3.0

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McKinsey & Company Expert Consultant Salary FAQs

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

The average salary of a Expert Consultant at McKinsey & Company in India typically ranges from ₹29.0 Lakhs to ₹48.0 Lakhs per year, depending on experience (from 2 years to 18 years).

The top 10% of Expert Consultant at McKinsey & Company earn more than ₹47.0 Lakhs per year, and the top 1% earn over ₹48.0 Lakhs per year. Expert 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 10 McKinsey & Company employees in India.

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

The estimated take-home salary of a Expert Consultant at McKinsey & Company in India typically ranges from ₹2,40,052 to ₹2,49,769 per month. This is based on the average salary range of ₹29.0 Lakhs to ₹48.0 Lakhs per year for employees with experience ranging from 2 years to 18 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 10 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 Expert Consultant in India?

BCG	₹32.0 Lakhs to ₹80.0 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 Expert Consultant in companies similar to McKinsey & Company in India?

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

CGI Group	₹30.4 Lakhs to ₹40.0 Lakhs per year
Societe Generale Global Solution Centre	₹17.0 Lakhs to ₹51.0 Lakhs per year
Finastra	₹20.8 Lakhs to ₹26.0 Lakhs per year
Pradan	₹15.0 Lakhs to ₹16.5 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 Expert Consultant at McKinsey & Company in India?

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

Experience	Average Salary Range
2 years	₹29.0 Lakhs to ₹68.7 Lakhs per year
3 years	₹34.6 Lakhs to ₹44.2 Lakhs per year
4 years	₹34.8 Lakhs to ₹44.5 Lakhs per year
5 years	₹15.6 Lakhs to ₹46.0 Lakhs per year

and so on.

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McKinsey & Company Expert Consultant Salaries

McKinsey & Company Expert Consultant salary in India ranges between ₹29 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 McKinsey & Company latest salaries received from various employees of McKinsey & Company.