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Good salary and benefits, specifically for the consulting path
Annual salary range
4 - 12 years exp.
₹67
Lakhs - ₹1.1
Crore
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary385% more than the average Principal Salary in Management Consulting Companies for 4 - 12 years of experience
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Companies similar to McKinsey & Company for Principal
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bain & Company Principal Salary
5 - 15 years exp. (4 salaries) |  ₹50 L/yr - ₹82 L/yr 
31%
less | |
 BCG Principal Salary
5 - 15 years exp. (42 salaries) | ₹60 L/yr - ₹1.3 Cr/yr 
11%
more | |
Login to view exact salary
| ||
 Deloitte Principal Salary
8 years exp. (4 salaries) | ₹13.2 L/yr - ₹1 Cr/yr
54%
less | |
 Accenture Principal Salary
9 - 15 years exp. (63 salaries) | ₹30 L/yr - ₹1.1 Cr/yr
34%
less | |
 PwC Principal Salary
9 - 16 years exp. (5 salaries) | ₹20 L/yr - ₹32 L/yr
70%
less | |
 Ernst & Young Principal Salary
0 - 20 years exp. (3 salaries) | ₹4.8 L/yr - ₹95 L/yr
54%
less | |
 TCS Principal Salary
5 - 20 years exp. (4 salaries) | ₹24 L/yr - ₹39.3 L/yr
66%
less | |
 Infosys Principal Salary
12 - 20 years exp. (30 salaries) | ₹20.4 L/yr - ₹54 L/yr
58%
less | |
 Wipro Principal Salary
13 - 26 years exp. (6 salaries) | ₹24 L/yr - ₹51.5 L/yr
59%
less | |
 Gartner Principal Salary
6 - 9 years exp. (41 salaries) | ₹13.3 L/yr - ₹30 L/yr
77%
less | 2 job openings |
 ZS Principal Salary
4 - 20 years exp. (18 salaries) | ₹65 L/yr - ₹2 Cr/yr
24%
more | |
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| ||
 Zinnov Management Consulting Principal Salary
9 - 13 years exp. (11 salaries) | ₹40 L/yr - ₹67 L/yr
45%
less | |
 Kearney Principal Salary
8 - 15 years exp. (8 salaries) | ₹50 L/yr - ₹1.2 Cr/yr
6%
less | |
 Mercer Principal Salary
15 - 20 years exp. (6 salaries) | ₹35 L/yr - ₹85 L/yr
41%
less | |
 Nspira Management Services Principal Salary
6 - 29 years exp. (4 salaries) | ₹6 L/yr - ₹24 L/yr
85%
less | |
 Capgemini Principal Salary
17 - 23 years exp. (4 salaries) | ₹34 L/yr - ₹94.6 L/yr
42%
less | |
 IBM Principal Salary
12 - 18 years exp. (4 salaries) | ₹37 L/yr - ₹50 L/yr
53%
less | |
 Beroe Inc Principal Salary
9 - 14 years exp. (3 salaries) | ₹16.1 L/yr - ₹36 L/yr
74%
less | |
 Korn Ferry Principal Salary
7 - 20 years exp. (3 salaries) | ₹54 L/yr - ₹56 L/yr
41%
less | |
Principal salary at McKinsey & Company ranges between ₹67
Lakhs
to ₹1.1
Crore
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.
Latest annual salaries shared by McKinsey & Company Principal
7mo ago
4
years
exp.
8mo ago
6
years
exp.
11mo ago
8
years
exp.
1y ago
12
years
exp.
1y ago
7
years
exp.
Experience wise McKinsey & Company Principal salaries
Last Updated: 11 May 2024
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹67
L/yr
- ₹1.5
Cr/yr
|
| 5 years (AmbitionBox Estimate) |
₹80.5
L/yr
- ₹88.9
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹35
L/yr
- ₹93.5
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹88
L/yr
- ₹1.6
Cr/yr
|
| 8 years (AmbitionBox Estimate) |
₹37.3
L/yr
- ₹1.1
Cr/yr
|
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I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
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McKinsey & Company Principal Salary FAQs
What is the salary of Principal at McKinsey & Company?
Principal salary at McKinsey & Company in India ranges between ₹67.0 Lakhs to ₹110.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 385% more than the average Principal Salary in India. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company India.
How does the salary of a Principal at McKinsey & Company India compare with the average salary range for this job?
The average salary of a Principal at McKinsey & Company is 385% more than the average salary of a Principal in India. To know exact salary insights, login to view.
Which similar companies are paying more than McKinsey & Company to a Principal in India?
- ZS Principal Salary - ₹65.0 Lakhs to ₹200.0 Lakhs per year
- BCG Principal Salary - ₹60.0 Lakhs to ₹130.0 Lakhs per year
What is the salary of a Principal in companies similar to McKinsey & Company in India?
- Kearney Principal Salary - ₹50.0 Lakhs to ₹120.0 Lakhs per year
- Bain & Company Principal Salary - ₹50.0 Lakhs to ₹82.0 Lakhs per year
- Accenture Principal Salary - ₹30.0 Lakhs to ₹108.8 Lakhs per year
- Mercer Principal Salary - ₹35.0 Lakhs to ₹85.0 Lakhs per year
- Korn Ferry Principal Salary - ₹54.0 Lakhs to ₹56.0 Lakhs per year
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 ranges between ₹5,09,117 per month to ₹5,22,452 per month in India. The take-home salary calculation is based on the average McKinsey & Company Principal salary in India which ranges between ₹67.0 Lakhs to ₹110.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
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McKinsey & Company Principal salary
in
India
ranges between ₹67
Lakhs to ₹1.1
Crore with an average annual salary of
₹. Salary estimates are based on
6
McKinsey & Company latest salaries received from various employees of
McKinsey & Company.