McKinsey & Company Principal Salaries by 4 Employees (Updated 2025)

6 - 15 years exp.

₹51 Lakhs - ₹1.2 Crore

Low Confidence

Salary of majority employees

388% more than the average Principal Salary in Management Consulting Companies for 6 - 15 years of experience

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Last Updated: 1 Mar 2025

Companies similar to McKinsey & Company for Principal

Company name	Avg Annual Salary	Open Jobs
BCG Principal Salary 5 - 15 years exp. (54 salaries)	₹60 L/yr - ₹1.3 Cr/yr 12% more
Gartner Principal Salary 6 - 10 years exp. (48 salaries)	₹13.3 L/yr - ₹30 L/yr 76% less
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Zinnov Management Consulting Principal Salary 9 - 13 years exp. (11 salaries)	₹40 L/yr - ₹67 L/yr 46% less
ZS Principal Salary 4 - 20 years exp. (11 salaries)	₹65.5 L/yr - ₹1.5 Cr/yr 13% more
Kearney Principal Salary 5 - 11 years exp. (10 salaries)	₹80 L/yr - ₹1.2 Cr/yr 3% more
Mercer Principal Salary 15 - 20 years exp. (6 salaries)	₹35 L/yr - ₹85 L/yr 42% less	1 job opening
PwC Principal Salary 9 - 16 years exp. (5 salaries)	₹20 L/yr - ₹32 L/yr 71% less
Bain & Company Principal Salary 5 - 15 years exp. (4 salaries)	₹50 L/yr - ₹82 L/yr 31% less
Nspira Management Services Principal Salary 6 - 29 years exp. (4 salaries)	₹6 L/yr - ₹24 L/yr 85% less	1 job opening
Deloitte Principal Salary 8 years exp. (4 salaries)	₹13.2 L/yr - ₹1 Cr/yr 54% less
Ernst & Young Principal Salary 0 - 20 years exp. (3 salaries)	₹4.8 L/yr - ₹95 L/yr 55% less
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Korn Ferry Principal Salary 7 - 20 years exp. (3 salaries)	₹54 L/yr - ₹56 L/yr 42% less

Principal salary at McKinsey & Company ranges between ₹51 Lakhs to ₹1.2 Crore per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Principal salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹36.9 L/yr - ₹93.5 L/yr
7 years (AmbitionBox Estimate)	₹88 L/yr - ₹97.3 L/yr
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8 years (AmbitionBox Estimate)	₹37.2 L/yr - ₹1.1 Cr/yr
9 years (AmbitionBox Estimate)	₹88.6 L/yr - ₹97.9 L/yr
10 years (AmbitionBox Estimate)	₹88.9 L/yr - ₹98.2 L/yr
11 years (AmbitionBox Estimate)	₹89.2 L/yr - ₹98.5 L/yr
12 years (AmbitionBox Estimate)	₹51 L/yr - ₹1.7 Cr/yr
13 years (AmbitionBox Estimate)	₹89.7 L/yr - ₹99.2 L/yr
14 years (AmbitionBox Estimate)	₹90 L/yr - ₹99.5 L/yr
15+ years (AmbitionBox Estimate)	₹38 L/yr - ₹1.2 Cr/yr

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Similar Designation salaries in McKinsey & Company

Vice Principal Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Director Salary

(16 salaries)

₹33 L/yr - ₹100 L/yr

Coordinator Salary

(5 salaries)

₹5.4 L/yr - ₹17 L/yr

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...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

Salary - Poor

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...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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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McKinsey & Company Principal Salary FAQs

What is the salary of Principal at McKinsey & Company ?

The average salary of a Principal at McKinsey & Company in India typically ranges from ₹51.0 Lakhs to ₹120.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Principal at McKinsey & Company earn more than ₹120.0 Lakhs per year, and the top 1% earn over ₹120.0 Lakhs per year. Principal 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 4 McKinsey & Company employees in India.

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

The estimated take-home salary of a Principal at McKinsey & Company in India typically ranges from ₹5,11,949 to ₹5,25,301 per month. This is based on the average salary range of ₹51.0 Lakhs to ₹120.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 4 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 Principal in India?

ZS	₹65.5 Lakhs to ₹150.0 Lakhs per year
BCG	₹60.0 Lakhs to ₹130.0 Lakhs per year
Kearney	₹80.0 Lakhs to ₹120.0 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 Principal in companies similar to McKinsey & Company in India?

The salary of a Principal at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bain & Company	₹50.0 Lakhs to ₹82.0 Lakhs per year
Mercer	₹35.0 Lakhs to ₹85.0 Lakhs per year
Korn Ferry	₹54.0 Lakhs to ₹56.0 Lakhs per year
Zinnov Management Consulting	₹40.0 Lakhs to ₹67.0 Lakhs per year
Deloitte	₹13.2 Lakhs to ₹100.0 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 Principal at McKinsey & Company in India?

The salary growth for a Principal at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Principal can expect the following growth trajectory at McKinsey & Company:

Experience	Average Salary Range
6 years	₹36.9 Lakhs to ₹93.5 Lakhs per year
7 years	₹88.0 Lakhs to ₹97.3 Lakhs per year
8 years	₹37.2 Lakhs to ₹110.0 Lakhs per year
9 years	₹88.6 Lakhs to ₹97.9 Lakhs per year

and so on.

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McKinsey & Company Principal Salaries

McKinsey & Company Principal salary in India ranges between ₹51 Lakhs to ₹1.2 Crore with an average annual salary of ₹. Salary estimates are based on 4 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

McKinsey & Company Principal salaries in India (Updated 2025)

Companies similar to McKinsey & Company for Principal

Latest annual salaries shared by McKinsey & Company Principal

Experience wise McKinsey & Company Principal salaries

Similar Designation salaries in McKinsey & Company

Salary related reviews for McKinsey & Company

Junior Associate in Mumbai

Manager in New Delhi

Financial Associate in Chennai

Business Presentation Specialist in Bangalore / Bengaluru

Senior Process Associate in Bangalore / Bengaluru

McKinsey & Company Principal Salary FAQs

Tell us how to improve this page.