McKinsey & Company Financial Associate Salaries by 60+ Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹6.7 Lakhs

Salary of majority employees

At par with the average Financial Associate Salary in Management Consulting Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Financial Associate Salary 1 - 5 years exp. (50 salaries)	₹3 L/yr - ₹6.7 L/yr
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Human Resources Financial Associate Salary 2 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹6.6 L/yr

Last Updated: 14 Jan 2025

Companies similar to McKinsey & Company for Financial Associate

Company name	Avg Annual Salary	Open Jobs
BCG Financial Associate Salary 1 - 5 years exp. (19 salaries)	₹4.5 L/yr - ₹15 L/yr 124% more
Bain & Company Financial Associate Salary 3 - 10 years exp. (16 salaries)	₹5.5 L/yr - ₹12 L/yr 69% more
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Deloitte Financial Associate Salary 0 - 4 years exp. (17 salaries)	₹3.5 L/yr - ₹11 L/yr 38% more
PwC Financial Associate Salary 1 - 5 years exp. (28 salaries)	₹3.7 L/yr - ₹15 L/yr 94% more
KPMG India Financial Associate Salary 0 - 5 years exp. (7 salaries)	₹4 L/yr - ₹7.3 L/yr 9% more
Ernst & Young Financial Associate Salary 1 - 5 years exp. (79 salaries)	₹2.9 L/yr - ₹6.7 L/yr 10% more	1 job opening
Accenture Financial Associate Salary 0 - 6 years exp. (539 salaries)	₹1.6 L/yr - ₹7 L/yr 11% less
Goldman Sachs Financial Associate Salary 1 - 5 years exp. (21 salaries)	₹7.1 L/yr - ₹26.1 L/yr 241% more
Morgan Stanley Financial Associate Salary 2 - 6 years exp. (41 salaries)	₹7 L/yr - ₹19.1 L/yr 164% more
JPMorgan Chase & Co. Financial Associate Salary 2 - 8 years exp. (72 salaries)	₹8 L/yr - ₹29 L/yr 302% more
Barclays Financial Associate Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 1% more
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Deutsche Bank Financial Associate Salary 9 - 14 years exp. (7 salaries)	₹11 L/yr - ₹24 L/yr 235% more
HSBC Group Financial Associate Salary 0 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 31% less
American Express Financial Associate Salary 1 - 3 years exp. (3 salaries)	₹6 L/yr - ₹11 L/yr 74% more
Blackrock Financial Associate Salary 3 - 7 years exp. (8 salaries)	₹6.5 L/yr - ₹23 L/yr 220% more
State Street Corporation Financial Associate Salary 1 - 3 years exp. (82 salaries)	₹2 L/yr - ₹5 L/yr 22% less
ICICI Bank Financial Associate Salary 0 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹5.3 L/yr 21% less
HDFC Bank Financial Associate Salary 1 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹5.1 L/yr 28% less
Axis Bank Financial Associate Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 56% less
IndusInd Bank Financial Associate Salary 0 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹4 L/yr 48% less

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Financial Associate salary at McKinsey & Company ranges between ₹2 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 66 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Financial Associate salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.7 L/yr - ₹7.8 L/yr
2 years (10 salaries)	₹3 L/yr - ₹6 L/yr
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3 years (21 salaries)	₹2 L/yr - ₹6 L/yr
4 years (23 salaries)	₹3.7 L/yr - ₹6.7 L/yr
5 years (8 salaries)	₹4 L/yr - ₹6.6 L/yr

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Top skills at McKinsey & Company for Financial Associate

Auditing Payroll Processing Payroll P2P Invoice Processing Payroll Administration salary processing US Payroll Payroll Management 401K PF Act

Salary related reviews for McKinsey & Company

3.7

Rated by 6 employees for salary & benefits

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.

Dislikes

Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

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

Dislikes

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

Process Associate in Chennai

Finance & Accounting Department

4.0

• posted on 14 Apr 2022

3.0

for Salary and Benefits

Likes

For a fresher, it is advised not to start a career in Mckinsey because the salary would be way less than the market average. But for an experienced professional, the company will provide better package. Compare to other organization mckinsey will only be having 8 hrs of working( 7+1 ) Job safety and leave are one of the advantage Sodexo is an additional advantage

Dislikes

Career growth and opportunity would be slow. HR and management won't consider much about employee issues like long working hours ( work from home ), stressful work. Micro management can be expected from certain teams. For an experienced professional journey would be smooth compared to a fresher. Expense reimbursement of stakeholders roles doesn't have any career growth since the role is limited within McKinsey.

Analyst in Gurgaon / Gurugram

NA Department

5.0

• posted on 29 Jul 2022

5.0

for Salary and Benefits

Likes

...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

Dislikes

Up or out. You have to consistently perform, or you are looking at exit. Plus, you are not becoming an expert in any field, as in you may be consulting, but consulting and getting things done are two different things.

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

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)

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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McKinsey & Company Financial Associate Salary FAQs

What is the salary of Financial Associate at McKinsey & Company?

Financial Associate salary at McKinsey & Company in India ranges between ₹2.0 Lakhs to ₹6.7 Lakhs for experience between 1 years to 5 years. According to our estimates it is 3% less than the average Financial Associate Salary in India. Salary estimates are based on 66 latest salaries received from various employees of McKinsey & Company India.

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

The average salary of a Financial Associate at McKinsey & Company is 3% less than the average salary of a Financial Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Financial Associate at McKinsey & Company?

Auditing, Payroll Processing, Payroll, P2P and Invoice Processing are some of the popular skills required to work as a Financial Associate at McKinsey & Company India.

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

JPMorgan Chase & Co. Financial Associate Salary - ₹8.0 Lakhs to ₹29.0 Lakhs per year
Goldman Sachs Financial Associate Salary - ₹7.1 Lakhs to ₹26.1 Lakhs per year
Deutsche Bank Financial Associate Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
Blackrock Financial Associate Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Morgan Stanley Financial Associate Salary - ₹7.0 Lakhs to ₹19.1 Lakhs per year

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

Infosys Financial Associate Salary - ₹7.2 Lakhs to ₹13.0 Lakhs per year
BCG Financial Associate Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
PwC Financial Associate Salary - ₹3.7 Lakhs to ₹15.0 Lakhs per year
ZS Financial Associate Salary - ₹4.0 Lakhs to ₹11.2 Lakhs per year
American Express Financial Associate Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Financial Associate at McKinsey & Company ranges between ₹33,946 per month to ₹35,202 per month in India. The take-home salary calculation is based on the average McKinsey & Company Financial Associate salary in India which ranges between ₹2.0 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Financial Associate at McKinsey & Company?

According to AmbitionBox, 77% of the McKinsey & Company Financial Associates reported a notice period of 2 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 62 responses on AmbitionBox in last 2 years.

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McKinsey & Company Financial Associate Salaries

McKinsey & Company Financial Associate salary in India ranges between ₹2 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

McKinsey & Company Financial Associate salaries in India

Companies similar to McKinsey & Company for Financial Associate

Latest annual salaries shared by McKinsey & Company Financial Associate

Experience wise McKinsey & Company Financial Associate salaries

Similar Designation salaries in McKinsey & Company

Top skills at McKinsey & Company for Financial Associate

Salary related reviews for McKinsey & Company

Financial Associate in Chennai

Senior Process Associate in Bangalore / Bengaluru

Process Associate in Chennai

Analyst in Gurgaon / Gurugram

Junior Associate in Mumbai

McKinsey & Company Financial Associate Salary FAQs

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