McKinsey & Company External Consultant Salaries by 6 Employees (Updated 2025)

3 - 13 years exp.

₹16 Lakhs - ₹48 Lakhs

Low Confidence

Salary of majority employees

118% more than the average External Consultant Salary in Management Consulting Companies for 3 - 13 years of experience

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Salaries in different departments

Marketing & Communication External Consultant Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹37 L/yr - ₹48 L/yr
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Strategic & Top Management External Consultant Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹38.7 L/yr

Last Updated: 9 Mar 2024

Companies similar to McKinsey & Company for External Consultant

Company name	Avg Annual Salary	Open Jobs
BCG External Consultant Salary 2 - 16 years exp. (13 salaries)	₹25 L/yr - ₹40 L/yr At par
Deloitte External Consultant Salary 1 - 13 years exp. (7 salaries)	₹6.8 L/yr - ₹21.5 L/yr 66% less
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TCS External Consultant Salary 1 - 6 years exp. (3 salaries)	₹4 L/yr - ₹18 L/yr 65% less
IQVIA External Consultant Salary 0 - 4 years exp. (14 salaries)	₹2.5 L/yr - ₹8.8 L/yr 86% less
Indian Institute for Human Settlements External Consultant Salary 0 - 8 years exp. (11 salaries)	₹3 L/yr - ₹6 L/yr 87% less

External Consultant salary at McKinsey & Company ranges between ₹16 Lakhs to ₹48 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company External Consultant salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹16 L/yr - ₹56 L/yr
4 years (AmbitionBox Estimate)	₹28.7 L/yr - ₹36.6 L/yr
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5 years (AmbitionBox Estimate)	₹17 L/yr - ₹58.6 L/yr
6 years (AmbitionBox Estimate)	₹29.9 L/yr - ₹38.3 L/yr
7 years (AmbitionBox Estimate)	₹30.6 L/yr - ₹39.1 L/yr
8 years (AmbitionBox Estimate)	₹31.2 L/yr - ₹39.9 L/yr
9 years (AmbitionBox Estimate)	₹31.9 L/yr - ₹40.7 L/yr
10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹37 L/yr
11 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹66.3 L/yr
12 years (AmbitionBox Estimate)	₹33.8 L/yr - ₹43.2 L/yr
13 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹48 L/yr

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Salary related reviews for McKinsey & Company

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5.0

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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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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McKinsey & Company External Consultant Salary FAQs

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

External Consultant salary at McKinsey & Company in India ranges between ₹16.0 Lakhs to ₹48.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 118% more than the average External Consultant Salary in India. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company India.

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

The average salary of a External Consultant at McKinsey & Company is 118% more than the average salary of a External Consultant in India. To know exact salary insights, login to view.

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

BCG External Consultant Salary - ₹25.0 Lakhs to ₹40.0 Lakhs per year

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

TCS External Consultant Salary - ₹4.0 Lakhs to ₹18.0 Lakhs per year
Deloitte External Consultant Salary - ₹6.8 Lakhs to ₹21.5 Lakhs per year
IQVIA External Consultant Salary - ₹2.5 Lakhs to ₹8.8 Lakhs per year
Indian Institute for Human Settlements External Consultant Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a External Consultant at McKinsey & Company ranges between ₹2,19,704 per month to ₹2,28,501 per month in India. The take-home salary calculation is based on the average McKinsey & Company External Consultant salary in India which ranges between ₹16.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the McKinsey & Company External Consultants reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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McKinsey & Company External Consultant Salaries

McKinsey & Company External Consultant salary in India ranges between ₹16 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 McKinsey & Company latest salaries received from various employees of McKinsey & Company.