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

Annual salary range
1 - 9 years exp.
₹22 Lakhs - ₹76 Lakhs
Salary of majority employees
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403% more than the average Senior Associate Salary in Management Consulting Companies for 1 - 9 years of experience

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Salaries in different departments

Strategic & Top Management
Senior Associate Salary
5 - 8 years exp. (3 salaries)
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₹30.2 L/yr - ₹55 L/yr

Data Science & Analytics
Senior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹55 L/yr - ₹57.9 L/yr

Last Updated: 8 Feb 2025

Companies similar to McKinsey & Company for Senior Associate

Company name Avg Annual Salary Open Jobs
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Bain & Company Senior Associate Salary

1 - 6 years exp. (305 salaries)

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₹9.5 L/yr - ₹26.8 L/yr

arrow icon 59% less
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BCG Senior Associate Salary

0 - 5 years exp. (421 salaries)

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₹24 L/yr - ₹50 L/yr

arrow icon 17% less
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Deloitte Senior Associate Salary

1 - 9 years exp. (504 salaries)

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₹6.5 L/yr - ₹28 L/yr

arrow icon 66% less
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PwC Senior Associate Salary

0 - 12 years exp. (15.3k salaries)

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₹8 L/yr - ₹30.1 L/yr

arrow icon 62% less
1042 job openings
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Ernst & Young Senior Associate Salary

0 - 12 years exp. (3.7k salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 73% less
38 job openings
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KPMG India Senior Associate Salary

0 - 9 years exp. (983 salaries)

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₹6.8 L/yr - ₹25 L/yr

arrow icon 68% less
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Accenture Senior Associate Salary

0 - 10 years exp. (3.7k salaries)

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₹1.5 L/yr - ₹9 L/yr

arrow icon 88% less
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Capgemini Senior Associate Salary

0 - 10 years exp. (7.6k salaries)

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₹1.5 L/yr - ₹7.4 L/yr

arrow icon 91% less
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TCS Senior Associate Salary

0 - 13 years exp. (7.6k salaries)

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₹1.4 L/yr - ₹8.1 L/yr

arrow icon 90% less
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Infosys Senior Associate Salary

1 - 8 years exp. (1.2k salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 80% less
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IBM Senior Associate Salary

2 - 10 years exp. (636 salaries)

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₹5.4 L/yr - ₹13.2 L/yr

arrow icon 80% less
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Willis Towers Watson Senior Associate Salary

3 - 12 years exp. (441 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 88% less
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RSM US in India Senior Associate Salary

2 - 8 years exp. (307 salaries)

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₹7.5 L/yr - ₹21 L/yr

arrow icon 70% less
36 job openings
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₹2 L/yr - ₹7.5 L/yr

arrow icon 88% less
1 job opening
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ZS Senior Associate Salary

1 - 5 years exp. (73 salaries)

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₹9 L/yr - ₹17.2 L/yr

arrow icon 71% less
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Mercer Senior Associate Salary

2 - 6 years exp. (63 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

arrow icon 91% less
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Blackrock Senior Associate Salary

6 - 13 years exp. (50 salaries)

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₹11 L/yr - ₹33 L/yr

arrow icon 57% less
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Gartner Senior Associate Salary

2 - 6 years exp. (36 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 83% less
1 job opening
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Huron Senior Associate Salary

3 - 10 years exp. (34 salaries)

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₹9 L/yr - ₹29 L/yr

arrow icon 63% less
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The Smart Cube Senior Associate Salary

4 - 7 years exp. (22 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 74% less
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Senior Associate salary at McKinsey & Company ranges between ₹22 Lakhs to ₹76 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 45 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Senior Associate

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Experience wise McKinsey & Company Senior Associate salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹23 L/yr - ₹83.4 L/yr
2 years  (5 salaries)

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₹22 L/yr - ₹55 L/yr
3 years  (5 salaries)

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₹24 L/yr - ₹65 L/yr
4 years (AmbitionBox Estimate)

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₹24 L/yr - ₹76 L/yr
5 years  (12 salaries)

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₹25.5 L/yr - ₹62 L/yr
View all

Similar Designation salaries in McKinsey & Company

Senior Engineer Salary
(19 salaries)
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₹18 L/yr - ₹50.6 L/yr
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₹13 L/yr - ₹54.98 L/yr
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₹22 L/yr - ₹28 L/yr
Lead Engineer Salary
(3 salaries)
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₹23.2 L/yr - ₹36.2 L/yr
Team Lead Salary
(49 salaries)
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₹5.5 L/yr - ₹20.6 L/yr
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₹2.6 L/yr - ₹3 L/yr
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(5 salaries)
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₹25 L/yr - ₹40 L/yr
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₹9 L/yr - ₹29 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹20.69 L/yr - ₹42 L/yr
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Salary related reviews for McKinsey & Company

4.0

Rated by 7 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +5 more

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.

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  • Salary - Poor
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see more salary related reviews

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McKinsey & Company Senior Associate Salary FAQs

What is the salary of Senior Associate at McKinsey & Company?
Senior Associate salary at McKinsey & Company in India ranges between ₹22.0 Lakhs to ₹76.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 403% more than the average Senior Associate Salary in India. Salary estimates are based on 45 latest salaries received from various employees of McKinsey & Company India.
How does the salary of a Senior Associate at McKinsey & Company India compare with the average salary range for this job?
The average salary of a Senior Associate at McKinsey & Company is 403% more than the average salary of a Senior Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than McKinsey & Company to a Senior Associate in India?
  • Kearney Senior Associate Salary - ₹40.0 Lakhs to ₹68.0 Lakhs per year
What is the salary of a Senior Associate in companies similar to McKinsey & Company in India?
  • BCG Senior Associate Salary - ₹24.0 Lakhs to ₹50.0 Lakhs per year
  • Korn Ferry Senior Associate Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year
  • Blackrock Senior Associate Salary - ₹11.0 Lakhs to ₹33.0 Lakhs per year
  • Bain & Company Senior Associate Salary - ₹9.5 Lakhs to ₹26.8 Lakhs per year
  • WSP Senior Associate Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
What is the estimated take home salary of a Senior Associate at McKinsey & Company in India?
The estimated take-home salary of a Senior Associate at McKinsey & Company ranges between ₹2,76,688 per month to ₹2,88,062 per month in India. The take-home salary calculation is based on the average McKinsey & Company Senior Associate salary in India which ranges between ₹22.0 Lakhs to ₹76.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at McKinsey & Company?
According to AmbitionBox, 64% of the McKinsey & Company Senior Associates reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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McKinsey & Company Senior Associate salary in India ranges between ₹22 Lakhs to ₹76 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

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