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4.0

based on 588 Reviews

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McKinsey & Company Management Consultant salaries in Bangalore / Bengaluru

Annual salary range
2 - 9 years exp.
₹18.5 Lakhs - ₹50 Lakhs
Salary of majority employees
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39% more than the average Management Consultant Salary in Management Consulting Companies for 2 - 9 years of experience

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Salaries in different departments

Consulting
Management Consultant Salary
2 - 9 years exp. (5 salaries)
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₹20 L/yr - ₹50 L/yr

Strategic & Top Management
Management Consultant Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹18.5 L/yr - ₹40 L/yr

Last Updated: 7 Nov 2024

Companies similar to McKinsey & Company for Management Consultant in Bangalore / Bengaluru

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McKinsey & Company Management Consultant Salary

2 - 9 years exp. (9 salaries)

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₹18.5 L/yr - ₹50 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bain & Company Management Consultant Salary

3 - 11 years exp. (7 salaries)

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₹40 L/yr - ₹72 L/yr

arrow icon 37% more
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BCG Management Consultant Salary

2 - 9 years exp. (11 salaries)

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₹19 L/yr - ₹63 L/yr

arrow icon 18% more
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Deloitte Management Consultant Salary

1 - 8 years exp. (106 salaries)

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₹10 L/yr - ₹37.1 L/yr

arrow icon 39% less
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Accenture Management Consultant Salary

2 - 13 years exp. (998 salaries)

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₹13.3 L/yr - ₹47 L/yr

arrow icon 19% less
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KPMG India Management Consultant Salary

2 - 7 years exp. (67 salaries)

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₹9 L/yr - ₹34 L/yr

arrow icon 46% less
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PwC Management Consultant Salary

1 - 9 years exp. (173 salaries)

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₹12.4 L/yr - ₹39.9 L/yr

arrow icon 34% less
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Ernst & Young Management Consultant Salary

2 - 17 years exp. (51 salaries)

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₹12.9 L/yr - ₹40 L/yr

arrow icon 21% less
1 job opening
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IBM Management Consultant Salary

10 - 20 years exp. (84 salaries)

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₹16 L/yr - ₹43 L/yr

arrow icon 17% less
3 job openings
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Capgemini Management Consultant Salary

1 - 11 years exp. (36 salaries)

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₹8.5 L/yr - ₹32 L/yr

arrow icon 53% less
2 job openings
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₹9 L/yr - ₹15.5 L/yr

arrow icon 66% less
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TCS Management Consultant Salary

4 - 18 years exp. (5 salaries)

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₹12.3 L/yr - ₹38.3 L/yr

arrow icon 43% less
Management Consultant salary at McKinsey & Company ranges between ₹18.5 Lakhs to ₹50 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Management Consultant in Bangalore / Bengaluru

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Experience wise McKinsey & Company Management Consultant salaries in Bangalore / Bengaluru

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹20 L/yr - ₹61.9 L/yr
3 years (AmbitionBox Estimate)

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₹31.8 L/yr - ₹40.6 L/yr
4 years (AmbitionBox Estimate)

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₹25 L/yr - ₹50 L/yr
5 years (AmbitionBox Estimate)

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₹33.4 L/yr - ₹42.7 L/yr
6 years (AmbitionBox Estimate)

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₹18.5 L/yr - ₹68.5 L/yr
View all

Similar Designation salaries in McKinsey & Company

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₹18 L/yr - ₹35 L/yr
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₹16.67 L/yr - ₹22 L/yr
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₹26.62 L/yr - ₹47 L/yr
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₹24 L/yr - ₹41.3 L/yr

Salary related reviews for McKinsey & Company

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5.0
  •  posted on 29 Jul 2022

5.0
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...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

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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.

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Finance & Accounting Department

2.0
  •  posted on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Pay and benefits

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.

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 · 

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.

read more

Dislikes

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

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

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

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McKinsey & Company Management Consultant Salary FAQs

What is the salary of Management Consultant at McKinsey & Company Bangalore / Bengaluru?
Management Consultant salary at McKinsey & Company in Bangalore / Bengaluru ranges between ₹18.5 Lakhs to ₹50.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 39% more than the average Management Consultant Salary in India. Salary estimates are based on 9 latest salaries received from various employees of McKinsey & Company Bangalore / Bengaluru.
How does the salary of a Management Consultant at McKinsey & Company Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Management Consultant at McKinsey & Company is 39% more than the average salary of a Management Consultant in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than McKinsey & Company to a Management Consultant in Bangalore / Bengaluru?
  • Bain & Company Management Consultant Salary - ₹40.0 Lakhs to ₹72.0 Lakhs per year
  • BCG Management Consultant Salary - ₹19.0 Lakhs to ₹63.0 Lakhs per year
What is the salary of a Management Consultant in companies similar to McKinsey & Company in Bangalore / Bengaluru?
  • IBM Management Consultant Salary - ₹16.0 Lakhs to ₹43.0 Lakhs per year
  • Accenture Management Consultant Salary - ₹13.3 Lakhs to ₹47.0 Lakhs per year
  • Ernst & Young Management Consultant Salary - ₹12.9 Lakhs to ₹40.0 Lakhs per year
  • PwC Management Consultant Salary - ₹12.4 Lakhs to ₹39.9 Lakhs per year
  • Deloitte Management Consultant Salary - ₹10.0 Lakhs to ₹37.1 Lakhs per year
What is the estimated take home salary of a Management Consultant at McKinsey & Company in Bangalore / Bengaluru?
The estimated take-home salary of a Management Consultant at McKinsey & Company ranges between ₹2,32,857 per month to ₹2,42,249 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average McKinsey & Company Management Consultant salary in India which ranges between ₹18.5 Lakhs to ₹50.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Management Consultant at McKinsey & Company in Bangalore / Bengaluru?
According to AmbitionBox, 50% of the McKinsey & Company Management Consultants in Bangalore / Bengaluru reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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McKinsey & Company Management Consultant salary in Bangalore / Bengaluru ranges between ₹18.5 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 McKinsey & Company latest salaries received from various employees of McKinsey & Company.