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McKinsey & Company Junior Consultant salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹10 Lakhs - ₹38.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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208% more than the average Junior Consultant Salary in Management Consulting Companies for 0 - 10 years of experience

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Last Updated: 24 Feb 2025

Companies similar to McKinsey & Company for Junior Consultant

Company name Avg Annual Salary Open Jobs
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Bain & Company Junior Consultant Salary

0 - 4 years exp. (76 salaries)

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₹24 L/yr - ₹40 L/yr

arrow icon 31% more
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Deloitte Junior Consultant Salary

0 - 5 years exp. (12 salaries)

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₹4.3 L/yr - ₹16.5 L/yr

arrow icon 60% less
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Ernst & Young Junior Consultant Salary

0 - 3 years exp. (11 salaries)

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₹3 L/yr - ₹10.8 L/yr

arrow icon 77% less
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KPMG India Junior Consultant Salary

0 - 3 years exp. (8 salaries)

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₹5.2 L/yr - ₹15.5 L/yr

arrow icon 60% less
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PwC Junior Consultant Salary

0 - 4 years exp. (7 salaries)

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₹6 L/yr - ₹17 L/yr

arrow icon 62% less
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BCG Junior Consultant Salary

0 - 4 years exp. (3 salaries)

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₹24 L/yr - ₹37.2 L/yr

arrow icon 30% more
Junior Consultant salary at McKinsey & Company ranges between ₹10 Lakhs to ₹38.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Junior Consultant

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Experience wise McKinsey & Company Junior Consultant salaries

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹20 L/yr - ₹44 L/yr
1 year (AmbitionBox Estimate)

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₹32 L/yr - ₹40.9 L/yr
2 years (AmbitionBox Estimate)

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₹29.6 L/yr - ₹37.8 L/yr
3 years (AmbitionBox Estimate)

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₹12.1 L/yr - ₹50 L/yr
4 years (AmbitionBox Estimate)

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₹24.8 L/yr - ₹31.7 L/yr
View all

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₹17.23 L/yr - ₹26.72 L/yr
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₹11.91 L/yr - ₹37 L/yr
Junior Associate Salary
(172 salaries)
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(71 salaries)
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₹8.27 L/yr - ₹25.5 L/yr
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₹14 L/yr - ₹24 L/yr

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McKinsey & Company Junior Consultant Salary FAQs

What is the salary of Junior Consultant at McKinsey & Company ?
The average salary of a Junior Consultant at McKinsey & Company in India typically ranges from ₹10.0 Lakhs to ₹38.2 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Junior Consultant at McKinsey & Company earn more than ₹49.4 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Junior 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 6 McKinsey & Company employees in India.
What is the estimated take home salary of a Junior Consultant at McKinsey & Company in India?
The estimated take-home salary of a Junior Consultant at McKinsey & Company in India typically ranges from ₹1,57,965 to ₹1,63,971 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹38.2 Lakhs per year for employees with experience ranging from Fresher to 10 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 6 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 Junior Consultant in India?
Bain & Company ₹24.0 Lakhs to ₹40.0 Lakhs per year
BCG ₹24.0 Lakhs to ₹37.2 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 Junior Consultant in companies similar to McKinsey & Company in India?
The salary of a Junior Consultant at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deloitte ₹4.3 Lakhs to ₹16.5 Lakhs per year
KPMG India ₹5.2 Lakhs to ₹15.5 Lakhs per year
PwC ₹6.0 Lakhs to ₹17.0 Lakhs per year
Ernst & Young ₹3.0 Lakhs to ₹10.8 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 Junior Consultant at McKinsey & Company in India?
The salary growth for a Junior Consultant at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Junior Consultant can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
Fresher ₹20.0 Lakhs to ₹44.0 Lakhs per year
1 year ₹32.0 Lakhs to ₹40.9 Lakhs per year
2 years ₹29.6 Lakhs to ₹37.8 Lakhs per year
3 years ₹12.1 Lakhs to ₹50.0 Lakhs per year
and so on.

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McKinsey & Company Junior Consultant salary in India ranges between ₹10 Lakhs to ₹38.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 McKinsey & Company latest salaries received from various employees of McKinsey & Company.