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McKinsey & Company Product Manager salaries in Gurgaon / Gurugram (Updated 2025)

Annual salary range
6 - 14 years exp.
₹18.2 Lakhs - ₹55 Lakhs
Salary of majority employees
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Fixed (87%)
₹34.8 Lakhs
Variable (13%)
₹5.4 Lakhs
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75% more than the average Product Manager Salary in Management Consulting Companies for 6 - 14 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
7 - 14 years exp. (9 salaries)
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₹24 L/yr - ₹55 L/yr

Data Science & Analytics
Product Manager Salary
7 - 13 years exp. (6 salaries)
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₹35.2 L/yr - ₹45 L/yr

Engineering - Hardware & Networks
Product Manager Salary
9 - 12 years exp. (3 salaries)
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₹17 L/yr - ₹43 L/yr

Project & Program Management
Product Manager Salary
6 - 13 years exp. (3 salaries)
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₹27 L/yr - ₹44.6 L/yr

Construction & Site Engineering
Product Manager Salary
12 - 14 years exp. (3 salaries)
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₹39 L/yr - ₹43 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to McKinsey & Company for Product Manager in Gurgaon / Gurugram

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McKinsey & Company Product Manager Salary

6 - 14 years exp. (31 salaries)

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₹18.2 L/yr - ₹55 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Gartner Product Manager Salary

3 - 12 years exp. (30 salaries)

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₹15 L/yr - ₹32 L/yr

arrow icon 39% less
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BCG Product Manager Salary

7 - 17 years exp. (20 salaries)

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₹14 L/yr - ₹55 L/yr

arrow icon 18% less
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Deloitte Product Manager Salary

2 - 15 years exp. (15 salaries)

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₹13 L/yr - ₹40 L/yr

arrow icon 30% less
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Ernst & Young Product Manager Salary

4 - 12 years exp. (14 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 37% less
2 job openings
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PwC Product Manager Salary

4 - 12 years exp. (13 salaries)

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₹10.5 L/yr - ₹36 L/yr

arrow icon 42% less
3 job openings
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ZS Product Manager Salary

5 - 13 years exp. (5 salaries)

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₹25 L/yr - ₹39 L/yr

arrow icon 24% less
1 job opening
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Korn Ferry Product Manager Salary

9 - 10 years exp. (3 salaries)

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₹22.4 L/yr - ₹26 L/yr

arrow icon 41% less
Product Manager salary at McKinsey & Company ranges between ₹18.2 Lakhs to ₹55 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 31 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Product Manager in Gurgaon / Gurugram

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Experience wise McKinsey & Company Product Manager salaries in Gurgaon / Gurugram

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹31.9 L/yr - ₹40.8 L/yr
7 years  (3 salaries)

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₹14.7 L/yr - ₹47 L/yr
8 years  (3 salaries)

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₹15.7 L/yr - ₹68.1 L/yr
9 years  (5 salaries)

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₹17 L/yr - ₹50 L/yr
10 years  (5 salaries)

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₹24 L/yr - ₹44 L/yr
View all

Similar Designation salaries in McKinsey & Company

Product Owner Salary
(3 salaries)
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₹20 L/yr - ₹23.45 L/yr

Salary related reviews for McKinsey & Company

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)

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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.

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  • Skill development - Bad
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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.

read more
  • Salary - Good
  • +6 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

  • 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

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.

read more
  • Salary - Poor
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see more salary related reviews

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McKinsey & Company Product Manager Salary FAQs

What is the salary of Product Manager at McKinsey & Company in Gurgaon / Gurugram?
The average salary of a Product Manager at McKinsey & Company in Gurgaon / Gurugram typically ranges from ₹18.2 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Product Manager in Gurgaon / Gurugram at McKinsey & Company earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Product Manager 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 30+ McKinsey & Company employees in India.
What is the estimated take home salary of a Product Manager at McKinsey & Company in Gurgaon / Gurugram?
The estimated take-home salary of a Product Manager at McKinsey & Company in Gurgaon / Gurugram typically ranges from ₹2,39,442 to ₹2,49,131 per month. This is based on the average salary range of ₹18.2 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 6 years to 14 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 30+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Product Manager in companies similar to McKinsey & Company in Gurgaon / Gurugram?
The salary of a Product Manager at companies similar to McKinsey & Company in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BCG ₹14.0 Lakhs to ₹55.0 Lakhs per year
ZS ₹25.0 Lakhs to ₹39.0 Lakhs per year
Deloitte ₹13.0 Lakhs to ₹40.0 Lakhs per year
Ernst & Young ₹15.0 Lakhs to ₹40.0 Lakhs per year
Gartner ₹15.0 Lakhs to ₹32.0 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 Product Manager at McKinsey & Company in Gurgaon / Gurugram?
The salary growth for a Product Manager at McKinsey & Company in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Product Manager in Gurgaon / Gurugram can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
6 years ₹31.9 Lakhs to ₹40.8 Lakhs per year
7 years ₹14.7 Lakhs to ₹47.0 Lakhs per year
8 years ₹15.7 Lakhs to ₹68.1 Lakhs per year
9 years ₹17.0 Lakhs to ₹50.0 Lakhs per year
and so on.

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McKinsey & Company Product Manager salary in Gurgaon / Gurugram ranges between ₹18.2 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 McKinsey & Company latest salaries received from various employees of McKinsey & Company.