McKinsey & Company Research Analyst Salaries by 30+ Employees (Updated 2025)

0 - 6 years exp.

₹8.2 Lakhs - ₹22 Lakhs

Salary of majority employees

217% more than the average Research Analyst Salary in Management Consulting Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Research Analyst Salary 0 - 3 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr
Marketing & Communication Research Analyst Salary 2 - 4 years exp. (4 salaries)	₹9.2 L/yr - ₹20 L/yr
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Research & Development Research Analyst Salary 3 - 5 years exp. (3 salaries)	₹5.4 L/yr - ₹10.8 L/yr
BFSI, Investments & Trading Research Analyst Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹19.1 L/yr - ₹20 L/yr
Data Science & Analytics Research Analyst Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹14.2 L/yr

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Last Updated: 12 Jan 2025

Companies similar to McKinsey & Company for Research Analyst

Company name	Avg Annual Salary	Open Jobs
Bain & Company Research Analyst Salary 0 - 2 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr 50% less
BCG Research Analyst Salary 2 - 5 years exp. (75 salaries)	₹9 L/yr - ₹16 L/yr 17% less
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Deloitte Research Analyst Salary 1 - 5 years exp. (132 salaries)	₹5 L/yr - ₹15 L/yr 36% less
Ernst & Young Research Analyst Salary 0 - 5 years exp. (41 salaries)	₹3.6 L/yr - ₹14.7 L/yr 48% less
PwC Research Analyst Salary 0 - 5 years exp. (10 salaries)	₹3.3 L/yr - ₹6.5 L/yr 66% less
KPMG India Research Analyst Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹6.5 L/yr 71% less
Accenture Research Analyst Salary 2 - 7 years exp. (42 salaries)	₹3 L/yr - ₹9.9 L/yr 64% less
Capgemini Research Analyst Salary 0 - 5 years exp. (12 salaries)	₹2.6 L/yr - ₹6.5 L/yr 61% less
IBM Research Analyst Salary 0 - 10 years exp. (9 salaries)	₹2 L/yr - ₹5.6 L/yr 74% less
TCS Research Analyst Salary 1 - 7 years exp. (110 salaries)	₹1.5 L/yr - ₹8 L/yr 75% less

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Research Analyst salary at McKinsey & Company ranges between ₹8.2 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 37 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Research Analyst salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹7.8 L/yr - ₹18 L/yr
1 year (5 salaries)	₹14.2 L/yr - ₹21 L/yr
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2 years (7 salaries)	₹8 L/yr - ₹21 L/yr
3 years (12 salaries)	₹8 L/yr - ₹22 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹28.5 L/yr
6 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹28.5 L/yr

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From

Research Analyst

₹

Lakhs/yr

0 - 6 years exp.

Expert

₹

Lakhs/yr

6 - 15 years exp.

Research Analyst 0 - 6 years exp.

Senior Analyst 2 - 10 years exp.

76% hike

Specialist 5 - 11 years exp.

37% hike

From

1 more level

Research Analyst

0 - 6 years exp.

Service Line Lead

Salary unavailable

Similar Designation salaries in McKinsey & Company

Research Scientist Salary

(3 salaries)

₹18 L/yr - ₹23 L/yr

Research Associate Salary

(4 salaries)

₹5.5 L/yr - ₹21 L/yr

Research Assistant Salary

(11 salaries)

₹4 L/yr - ₹6.1 L/yr

Analyst Salary

(237 salaries)

₹17.42 L/yr - ₹28 L/yr

Senior Engineer Salary

(19 salaries)

₹18 L/yr - ₹50.6 L/yr

Technical Lead Salary

(5 salaries)

₹25 L/yr - ₹40 L/yr

Lead Engineer Salary

(3 salaries)

₹23.2 L/yr - ₹36.2 L/yr

Deputy Manager Salary

(5 salaries)

₹12.25 L/yr - ₹45 L/yr

Senior Research Associate Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Software Engineer Salary

(40 salaries)

₹9 L/yr - ₹29 L/yr

Salary related reviews for McKinsey & Company

5.0

Rated by 3 employees for salary & benefits

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.

Salary - Excellent

+3 more

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

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)

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.

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.

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

Salary - Poor

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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McKinsey & Company Research Analyst Salary FAQs

What is the salary of Research Analyst at McKinsey & Company?

Research Analyst salary at McKinsey & Company in India ranges between ₹8.2 Lakhs to ₹22.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 217% more than the average Research Analyst Salary in India. Salary estimates are based on 37 latest salaries received from various employees of McKinsey & Company India.

How does the salary of a Research Analyst at McKinsey & Company India compare with the average salary range for this job?

The average salary of a Research Analyst at McKinsey & Company is 217% more than the average salary of a Research Analyst in India. To know exact salary insights, login to view.

What is the salary of a Research Analyst in companies similar to McKinsey & Company in India?

BCG Research Analyst Salary - ₹9.0 Lakhs to ₹16.0 Lakhs per year
Blackrock Research Analyst Salary - ₹9.1 Lakhs to ₹16.0 Lakhs per year
Korn Ferry Research Analyst Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Kearney Research Analyst Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Deloitte Research Analyst Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Research Analyst at McKinsey & Company ranges between ₹1,08,476 per month to ₹1,11,471 per month in India. The take-home salary calculation is based on the average McKinsey & Company Research Analyst salary in India which ranges between ₹8.2 Lakhs to ₹22.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Research Analyst at McKinsey & Company?

According to AmbitionBox, 100% of the McKinsey & Company Research Analysts reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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McKinsey & Company Research Analyst Salaries

McKinsey & Company Research Analyst salary in India ranges between ₹8.2 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 McKinsey & Company latest salaries received from various employees of McKinsey & Company.