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McKinsey & Company Senior Analyst salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹11.9 Lakhs - ₹37 Lakhs
Salary of majority employees
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250% more than the average Senior Analyst Salary in Management Consulting Companies for 2 - 10 years of experience

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Salaries in different departments

Data Science & Analytics
Senior Analyst Salary
2 - 10 years exp. (41 salaries)
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₹15 L/yr - ₹35 L/yr

Finance & Accounting
Senior Analyst Salary
2 - 10 years exp. (41 salaries)
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₹15 L/yr - ₹30 L/yr

Consulting
Senior Analyst Salary
3 - 8 years exp. (20 salaries)
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₹15 L/yr - ₹31 L/yr

Strategic & Top Management
Senior Analyst Salary
3 - 9 years exp. (10 salaries)
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₹20 L/yr - ₹33.6 L/yr

Engineering - Software & QA
Senior Analyst Salary
3 - 9 years exp. (6 salaries)
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₹25.3 L/yr - ₹30 L/yr

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Last Updated: 21 Mar 2025

Companies similar to McKinsey & Company for Senior Analyst

Company name Avg Annual Salary Open Jobs
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0 - 10 years exp. (5.9k salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 60% less
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1 - 8 years exp. (1.2k salaries)

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₹3 L/yr - ₹12.3 L/yr

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0 - 6 years exp. (1.1k salaries)

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₹1.9 L/yr - ₹8 L/yr

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Willis Towers Watson Senior Analyst Salary

6 - 13 years exp. (312 salaries)

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₹6 L/yr - ₹26.9 L/yr

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The Smart Cube Senior Analyst Salary

1 - 5 years exp. (281 salaries)

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₹6.5 L/yr - ₹17 L/yr

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Huron Senior Analyst Salary

2 - 5 years exp. (156 salaries)

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₹3.8 L/yr - ₹15.6 L/yr

arrow icon 69% less
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BCG Senior Analyst Salary

3 - 11 years exp. (143 salaries)

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₹11 L/yr - ₹31.4 L/yr

arrow icon 26% less
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Bain & Company Senior Analyst Salary

1 - 3 years exp. (128 salaries)

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₹8.5 L/yr - ₹20 L/yr

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Senior Analyst salary at McKinsey & Company ranges between ₹11.9 Lakhs to ₹37 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 189 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Senior Analyst

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Experience wise McKinsey & Company Senior Analyst salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
2 years  (10 salaries)

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₹15.2 L/yr - ₹32.2 L/yr
3 years  (35 salaries)

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₹15.2 L/yr - ₹32 L/yr
4 years  (29 salaries)

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₹13 L/yr - ₹33 L/yr
5 years  (38 salaries)

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₹13.3 L/yr - ₹33 L/yr
6 years  (25 salaries)

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₹12 L/yr - ₹36.4 L/yr
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McKinsey & Company Senior Analyst Salary and Career Growth

From

To

Senior Analyst

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2 - 10 years exp.

Expert

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6 - 15 years exp.

Senior Analyst 2 - 10 years exp.
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Specialist 5 - 11 years exp.
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arrow icon 35% hike
    Expert 6 - 15 years exp.
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    arrow icon 43% hike
    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

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    ₹9.1 L/yr - ₹25 L/yr
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    ₹8.03 L/yr - ₹32.17 L/yr
    Analyst Salary
    (237 salaries)
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    ₹17 L/yr - ₹28 L/yr
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    ₹2.25 L/yr - ₹6.75 L/yr
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    ₹22 L/yr - ₹72 L/yr
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    ₹9.5 L/yr - ₹28 L/yr
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    ₹15.68 L/yr - ₹24 L/yr
    Accountant Salary
    (4 salaries)
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    ₹2.4 L/yr - ₹18.87 L/yr
    Team Lead Salary
    (46 salaries)
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    ₹5.5 L/yr - ₹20.9 L/yr
    Deputy Manager Salary
    (5 salaries)
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    ₹12.25 L/yr - ₹45 L/yr

    Top skills at McKinsey & Company for Senior Analyst

    Taxation Statutory Reporting Auditing US Payroll

    Salary related reviews for McKinsey & Company

    4.1

    Rated by 19 employees for salary & benefits

    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.

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    • Salary - Poor
    • +2 more

    Finance & Accounting Department

    4.0
      •  posted on 14 Apr 2022

    3.0
     for  Salary and Benefits

    Likes

    For a fresher, it is advised not to start a career in Mckinsey because the salary would be way less than the market average. But for an experienced professional, the company will provide better package. Compare to other organization mckinsey will only be having 8 hrs of working( 7+1 ) Job safety and leave are one of the advantage Sodexo is an additional advantage

    read more
    • Job security - Excellent
    • +1 more

    Dislikes

    Career growth and opportunity would be slow. HR and management won't consider much about employee issues like long working hours ( work from home ), stressful work. Micro management can be expected from certain teams. For an experienced professional journey would be smooth compared to a fresher. Expense reimbursement of stakeholders roles doesn't have any career growth since the role is limited within McKinsey.

    read more
    • Work satisfaction - Poor
    • +1 more

    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.

    read more
    • 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.

    read more

    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)

    read more
    • Job security - Bad
    • +4 more

    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.

    read more
    • Skill development - Bad
    • +5 more
    see more salary related reviews

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    McKinsey & Company Senior Analyst Salary FAQs

    What is the salary of Senior Analyst at McKinsey & Company ?
    The average salary of a Senior Analyst at McKinsey & Company in India typically ranges from ₹11.9 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 2 years to 10 years).

    The top 10% of Senior Analyst at McKinsey & Company earn more than ₹31.5 Lakhs per year, and the top 1% earn over ₹35.9 Lakhs per year. Senior 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 100+ McKinsey & Company employees in India.
    What is the estimated take home salary of a Senior Analyst at McKinsey & Company in India?
    The estimated take-home salary of a Senior Analyst at McKinsey & Company in India typically ranges from ₹1,77,267 to ₹1,84,145 per month. This is based on the average salary range of ₹11.9 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 100+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Senior Analyst at McKinsey & Company ?
    To be a Senior Analyst at McKinsey & Company in india, the key skills required include:

    • - Taxation
    • - Statutory Reporting
    • - Auditing
    • - US Payroll

    These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.
    What is the salary of a Senior Analyst in companies similar to McKinsey & Company in India?
    The salary of a Senior Analyst at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    BCG ₹11.0 Lakhs to ₹31.4 Lakhs per year
    Kearney ₹18.4 Lakhs to ₹33.9 Lakhs per year
    Gartner ₹13.0 Lakhs to ₹22.5 Lakhs per year
    ZS ₹9.0 Lakhs to ₹18.5 Lakhs per year
    Willis Towers Watson ₹6.0 Lakhs to ₹26.9 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 Senior Analyst at McKinsey & Company in India?
    The salary growth for a Senior Analyst at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Senior Analyst can expect the following growth trajectory at McKinsey & Company:

    Experience Average Salary Range
    2 years ₹15.2 Lakhs to ₹32.2 Lakhs per year
    3 years ₹15.2 Lakhs to ₹32.0 Lakhs per year
    4 years ₹13.0 Lakhs to ₹33.0 Lakhs per year
    5 years ₹13.3 Lakhs to ₹33.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    McKinsey & Company Senior Analyst salary in India ranges between ₹11.9 Lakhs to ₹37 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 189 McKinsey & Company latest salaries received from various employees of McKinsey & Company.