McKinsey & Company New Delhi Management Consultant Salaries by 6 Employees (Updated 2024)

4 - 12 years exp.

₹20.4 Lakhs - ₹60 Lakhs

Salary of majority employees

60% more than the average Management Consultant Salary in Management Consulting Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Consultant Salary 5 - 12 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹48.5 L/yr
Strategic & Top Management Management Consultant Salary 7 years exp. (AmbitionBox Estimate)	₹45 L/yr - ₹60 L/yr
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Consulting Management Consultant Salary 10 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹49 L/yr

Last Updated: 24 Nov 2024

Companies similar to McKinsey & Company for Management Consultant in New Delhi

McKinsey & Company Management Consultant Salary

4 - 12 years exp. (6 salaries)

₹20.4 L/yr - ₹60 L/yr

Company name	Avg Annual Salary	Open Jobs
Bain & Company Management Consultant Salary 6 - 12 years exp. (3 salaries)	₹44 L/yr - ₹55 L/yr 9% more
BCG Management Consultant Salary 4 - 9 years exp. (11 salaries)	₹21 L/yr - ₹60 L/yr 2% more
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Deloitte Management Consultant Salary 1 - 8 years exp. (27 salaries)	₹13 L/yr - ₹35 L/yr 49% less
Accenture Management Consultant Salary 2 - 14 years exp. (235 salaries)	₹14.4 L/yr - ₹45 L/yr 31% less
KPMG India Management Consultant Salary 2 - 7 years exp. (23 salaries)	₹11.5 L/yr - ₹30 L/yr 48% less
PwC Management Consultant Salary 0 - 8 years exp. (39 salaries)	₹9.7 L/yr - ₹30 L/yr 50% less
Ernst & Young Management Consultant Salary 2 - 9 years exp. (18 salaries)	₹19.2 L/yr - ₹37.5 L/yr 38% less	1 job opening
Capgemini Management Consultant Salary 1 - 7 years exp. (18 salaries)	₹10 L/yr - ₹27 L/yr 60% less	2 job openings
IBM Management Consultant Salary 12 - 19 years exp. (14 salaries)	₹19 L/yr - ₹41.2 L/yr 29% less	3 job openings
TCS Management Consultant Salary 3 - 19 years exp. (10 salaries)	₹16 L/yr - ₹35.1 L/yr 43% less
Kearney Management Consultant Salary 1 - 8 years exp. (9 salaries)	₹27 L/yr - ₹62 L/yr 12% less
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Zinnov Management Consulting Management Consultant Salary 1 - 4 years exp. (4 salaries)	₹10 L/yr - ₹12.8 L/yr 72% less

Management Consultant salary at McKinsey & Company ranges between ₹20.4 Lakhs to ₹60 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Management Consultant salaries in New Delhi

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹17 L/yr - ₹60 L/yr
5 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹78.1 L/yr
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6 years (AmbitionBox Estimate)	₹39.9 L/yr - ₹50.9 L/yr
7 years (AmbitionBox Estimate)	₹45 L/yr - ₹60 L/yr
8 years (AmbitionBox Estimate)	₹41.5 L/yr - ₹53 L/yr
9 years (AmbitionBox Estimate)	₹42.3 L/yr - ₹54.1 L/yr
10 years (AmbitionBox Estimate)	₹35 L/yr - ₹86.3 L/yr
11 years (AmbitionBox Estimate)	₹44 L/yr - ₹56.2 L/yr
12 years (AmbitionBox Estimate)	₹40 L/yr - ₹89.6 L/yr

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Similar Designation salaries in McKinsey & Company

Senior Consultant Salary

(5 salaries)

₹22 L/yr - ₹40.05 L/yr

Salary related reviews for McKinsey & Company

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)

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

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.

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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McKinsey & Company Management Consultant Salary FAQs

What is the salary of Management Consultant at McKinsey & Company New Delhi?

Management Consultant salary at McKinsey & Company in New Delhi ranges between ₹20.4 Lakhs to ₹60.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 60% more than the average Management Consultant Salary in India. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company New Delhi.

How does the salary of a Management Consultant at McKinsey & Company New Delhi compare with the average salary range for this job?

The average salary of a Management Consultant at McKinsey & Company is 60% more than the average salary of a Management Consultant in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than McKinsey & Company to a Management Consultant in New Delhi?

Bain & Company Management Consultant Salary - ₹44.0 Lakhs to ₹55.0 Lakhs per year
BCG Management Consultant Salary - ₹21.0 Lakhs to ₹60.0 Lakhs per year

What is the salary of a Management Consultant in companies similar to McKinsey & Company in New Delhi?

Kearney Management Consultant Salary - ₹27.0 Lakhs to ₹62.0 Lakhs per year
IBM Management Consultant Salary - ₹19.0 Lakhs to ₹41.2 Lakhs per year
Accenture Management Consultant Salary - ₹14.4 Lakhs to ₹45.0 Lakhs per year
Ernst & Young Management Consultant Salary - ₹19.2 Lakhs to ₹37.5 Lakhs per year
TCS Management Consultant Salary - ₹16.0 Lakhs to ₹35.1 Lakhs per year

What is the estimated take home salary of a Management Consultant at McKinsey & Company in New Delhi?

The estimated take-home salary of a Management Consultant at McKinsey & Company ranges between ₹2,66,138 per month to ₹2,77,034 per month in New Delhi. The take-home salary calculation is based on the average McKinsey & Company Management Consultant salary in India which ranges between ₹20.4 Lakhs to ₹60.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Management Consultant at McKinsey & Company in New Delhi?

According to AmbitionBox, 50% of the McKinsey & Company Management Consultants in New Delhi 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 Salaries in New Delhi

McKinsey & Company Management Consultant salary in New Delhi ranges between ₹20.4 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 McKinsey & Company latest salaries received from various employees of McKinsey & Company.