McKinsey & Company New Delhi Research Analyst Salaries by 9 Employees

0 - 3 years exp.

₹16.3 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

189% more than the average Research Analyst Salary in Management Consulting Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Analyst Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹17.5 L/yr - ₹20 L/yr
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Finance & Accounting Research Analyst Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹18.3 L/yr

Last Updated: 27 Feb 2024

Companies similar to McKinsey & Company for Research Analyst in New Delhi

McKinsey & Company Research Analyst Salary

0 - 3 years exp. (9 salaries)

₹16.3 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
The Smart Cube Research Analyst Salary 0 - 2 years exp. (26 salaries)	₹5.7 L/yr - ₹8.3 L/yr 57% less
BCG Research Analyst Salary 2 - 6 years exp. (14 salaries)	₹9.6 L/yr - ₹14 L/yr 25% less
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KPMG India Research Analyst Salary 0 - 4 years exp. (12 salaries)	₹2 L/yr - ₹6 L/yr 77% less
Kearney Research Analyst Salary 2 - 4 years exp. (12 salaries)	₹6 L/yr - ₹12 L/yr 41% less
Ernst & Young Research Analyst Salary 1 - 4 years exp. (11 salaries)	₹3.6 L/yr - ₹12.5 L/yr 58% less
Deloitte Research Analyst Salary 1 - 3 years exp. (5 salaries)	₹5.5 L/yr - ₹13.3 L/yr 42% less
Gartner Research Analyst Salary 0 - 6 years exp. (5 salaries)	₹5 L/yr - ₹7.3 L/yr 61% less
Protiviti Consulting Research Analyst Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹7.5 L/yr 76% less
Willis Towers Watson Research Analyst Salary 0 - 2 years exp. (3 salaries)	₹5.2 L/yr - ₹10 L/yr 50% less
Gerson Lehrman Group Research Analyst Salary 3 - 7 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 59% less

Research Analyst salary at McKinsey & Company ranges between ₹16.3 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Research Analyst salaries in New Delhi

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹6.5 L/yr - ₹29.3 L/yr
1 year (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr
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2 years (4 salaries)	₹8 L/yr - ₹20 L/yr
3 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr

From

Research Analyst

₹

Lakhs/yr

0 - 6 years exp.

Expert

₹

Lakhs/yr

6 - 13 years exp.

Research Analyst

0 - 6 years exp.

Senior Analyst

2 - 10 years exp.

51% hike

Specialist

5 - 11 years exp.

35% hike

From

View 1 more level

Research Analyst

0 - 6 years exp.

Service Line Lead

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in McKinsey & Company

Analyst Salary

(56 salaries)

₹10.65 L/yr - ₹25 L/yr

Research Assistant Salary

(5 salaries)

₹5 L/yr - ₹6.1 L/yr

Research Scientist Salary

(3 salaries)

₹18 L/yr - ₹23 L/yr

Salary related reviews for McKinsey & Company

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

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1.0

• posted on 09 Jun 2024

5.0

for Salary and Benefits

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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McKinsey & Company Research Analyst Salary FAQs

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

The average salary of a Research Analyst at McKinsey & Company in New Delhi typically ranges from ₹16.3 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Research Analyst in New Delhi at McKinsey & Company earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Research Analyst 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 9 McKinsey & Company employees in India.

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

The estimated take-home salary of a Research Analyst at McKinsey & Company in New Delhi typically ranges from ₹1,18,707 to ₹1,22,033 per month. This is based on the average salary range of ₹16.3 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 9 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 Research Analyst in companies similar to McKinsey & Company in New Delhi?

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

BCG	₹9.6 Lakhs to ₹14.0 Lakhs per year
Kearney	₹6.0 Lakhs to ₹12.0 Lakhs per year
Deloitte	₹5.5 Lakhs to ₹13.3 Lakhs per year
Willis Towers Watson	₹5.2 Lakhs to ₹10.0 Lakhs per year
The Smart Cube	₹5.7 Lakhs to ₹8.3 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 Research Analyst at McKinsey & Company in New Delhi?

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

Experience	Average Salary Range
Fresher	₹6.5 Lakhs to ₹29.3 Lakhs per year
1 year	₹15.1 Lakhs to ₹19.2 Lakhs per year
2 years	₹8.0 Lakhs to ₹20.0 Lakhs per year
3 years	₹15.8 Lakhs to ₹20.2 Lakhs per year

and so on.

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McKinsey & Company Research Analyst Salaries in New Delhi

McKinsey & Company Research Analyst salary in New Delhi ranges between ₹16.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 McKinsey & Company latest salaries received from various employees of McKinsey & Company.