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McKinsey & Company Verified Tick

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3.8

based on 620 Reviews

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McKinsey & Company Salaries in Mumbai (Updated 2025)

based on 333 latest salaries
Explore Salaries by Departments
Consulting Strategic & Top Management Data Science & Analytics UX, Design & Architecture + 6 more
Designation Avg Annual Salary Open Jobs

Engagement Manager

4 - 14 years exp. · Mumbai (33 salaries)
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₹41.5 L/yr - ₹1 Cr/yr

Junior Associate

0 - 5 years exp. · Mumbai (27 salaries)
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₹23 L/yr - ₹47.5 L/yr

Senior Associate

3 - 10 years exp. · Mumbai (12 salaries)
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₹24 L/yr - ₹72 L/yr

Senior Consultant

1 - 10 years exp. · Mumbai (8 salaries)
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₹20 L/yr - ₹54.7 L/yr

Starting your career? Discover McKinsey & Company fresher salaries in India

Senior Engagement Manager

4 - 17 years exp. · Mumbai (8 salaries)
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₹92.2 L/yr - ₹1 Cr/yr

Associate Partner

9 - 20 years exp. · Mumbai (8 salaries)
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₹78 L/yr - ₹2 Cr/yr

Associate Consultant

2 - 5 years exp. · Mumbai (8 salaries)
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₹18 L/yr - ₹56 L/yr

Senior Knowledge Analyst

3 - 7 years exp. · Mumbai (6 salaries)
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₹20 L/yr - ₹32 L/yr

Junior Engagement Manager

4 - 12 years exp. · Mumbai (5 salaries)
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₹50 L/yr - ₹70 L/yr

Team Assistant

2 - 7 years exp. · Mumbai (5 salaries)
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₹5.3 L/yr - ₹9.9 L/yr

Management Consultant

3 - 10 years exp. · Mumbai (5 salaries)
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₹33 L/yr - ₹50 L/yr

Communication Specialist

12 - 16 years exp. · Mumbai (4 salaries)
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₹30 L/yr - ₹39.4 L/yr

Practice Specialist

8 - 10 years exp. · Mumbai (4 salaries)
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₹56 L/yr - ₹66 L/yr

Implementation Consultant

2 - 9 years exp. · Mumbai (4 salaries)
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₹21 L/yr - ₹32 L/yr

Business Analyst

1 - 4 years exp. · Mumbai (4 salaries)
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₹16.5 L/yr - ₹24 L/yr

growth manager

1 year exp. · Mumbai (4 salaries)
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₹4 L/yr - ₹4.1 L/yr

Summer Associate

1 - 3 years exp. · Mumbai (4 salaries)
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₹20 L/yr - ₹35 L/yr

Data Scientist

2 - 5 years exp. · Mumbai (3 salaries)
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₹23.1 L/yr - ₹35 L/yr

Senior Designer

19 - 20 years exp. · Mumbai (3 salaries)
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₹21 L/yr - ₹23 L/yr

Senior Research Analyst

4 - 5 years exp. · Mumbai (3 salaries)
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₹20 L/yr - ₹25 L/yr

Last Updated: 20 Mar, 2025

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Salary related reviews for McKinsey & Company

4.0

Rated by 24 employees for salary & benefits

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

  • Salary - Excellent

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)

read more
  • Job security - Bad
    • +4 more

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

  • Salary - Excellent

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.

read more
  • Skill development - Bad
    • +5 more

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.

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  • Salary - Good
    • +6 more

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

  • Job security - Good

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

read more
  • Salary - Poor
    • +4 more

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

  • Skill development - Good
    • +2 more

Dislikes

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

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  • Salary - Poor
    • +2 more
see more salary related reviews

McKinsey & Company interview questions by designations

Consultant (66)Business Analyst (22)Business Presentation Specialist (19)Summer Intern (13)
View all 216 interview experiences

Know more about McKinsey & Company Mumbai

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McKinsey & Company Salary FAQs

How much does McKinsey & Company pay to its employees?
The average annual salary at McKinsey & Company varies depending on the role, experience, and location. The salary ranges for some popular designations at McKinsey & Company, are as follows:

Engagement Manager ₹41.5 Lakhs to ₹1 Lakhs per year
Junior Associate ₹23 Lakhs to ₹47.5 Lakhs per year
Senior Associate ₹24 Lakhs to ₹72 Lakhs per year
Senior Consultant ₹20 Lakhs to ₹54.7 Lakhs per year

The highest-paying role, Senior Partner, earns between ₹1.2 Crore to ₹4.4 Crores per year. The top 10% of employees earn more than ₹52.1 Lakhs per year, and the top 1% earn over ₹1.2 Lakhs per year. 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 salary estimates are based on data from 333 salaries submitted by McKinsey & Company employees. McKinsey & Company is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at McKinsey & Company in Mumbai?
The salary of a fresher at McKinsey & Company in Mumbai typically ranges from ₹1.8 Lakh to ₹44 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Business Presentation Specialist Salary ₹3 Lakhs to ₹5 Lakhs per year
Fresher as a Junior Associate Salary ₹25 Lakhs to ₹42 Lakhs per year
Fresher as a Business Analyst Salary ₹17.8 Lakhs to ₹34.5 Lakhs per year
Fresher as a Junior Analyst Salary ₹6.5 Lakhs to ₹16 Lakhs per year

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Average annual salary in McKinsey & Company , Mumbai is INRunlock blur . Salary estimates are based on 333 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

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