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McKinsey & Company Senior Associate salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
2 - 8 years exp.
₹28 Lakhs - ₹55 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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367% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 8 years of experience

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Last Updated: 11 Mar 2025

Companies similar to McKinsey & Company for Senior Associate in Bangalore / Bengaluru

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McKinsey & Company Senior Associate Salary

2 - 8 years exp. (9 salaries)
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₹28 L/yr - ₹55 L/yr

vs
Company name Avg Annual Salary Open Jobs
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PwC Senior Associate Salary

0 - 12 years exp. (4.5k salaries)
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₹8.3 L/yr - ₹32 L/yr

arrow icon 59% less
 766 job openings
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Ernst & Young Senior Associate Salary

0 - 12 years exp. (842 salaries)
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₹5 L/yr - ₹21 L/yr

arrow icon 74% less
 42 job openings
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KPMG India Senior Associate Salary

0 - 10 years exp. (332 salaries)
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₹6.8 L/yr - ₹26 L/yr

arrow icon 68% less
 1 job opening
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BCG Senior Associate Salary

0 - 5 years exp. (82 salaries)
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₹27 L/yr - ₹50 L/yr

arrow icon 16% less
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Deloitte Senior Associate Salary

1 - 9 years exp. (61 salaries)
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₹7 L/yr - ₹26.4 L/yr

arrow icon 67% less
 1 job opening
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RSM US in India Senior Associate Salary

2 - 8 years exp. (42 salaries)
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₹6.5 L/yr - ₹20.4 L/yr

arrow icon 71% less
 27 job openings
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Bain & Company Senior Associate Salary

1 - 6 years exp. (15 salaries)
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₹14 L/yr - ₹25 L/yr

arrow icon 57% less
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Huron Senior Associate Salary

5 - 9 years exp. (14 salaries)
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₹7 L/yr - ₹29 L/yr

arrow icon 65% less
 1 job opening
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Gartner Senior Associate Salary

2 - 6 years exp. (5 salaries)
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₹6.1 L/yr - ₹10 L/yr

arrow icon 83% less
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Alvarez & Marsal Senior Associate Salary

2 - 5 years exp. (4 salaries)
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₹17.5 L/yr - ₹27 L/yr

arrow icon 48% less
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ZS Senior Associate Salary

1 - 4 years exp. (4 salaries)
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₹14 L/yr - ₹17.2 L/yr

arrow icon 69% less
Senior Associate salary at McKinsey & Company ranges between ₹28 Lakhs to ₹55 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Senior Associate in Bangalore / Bengaluru

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2 years exp.
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Experience wise McKinsey & Company Senior Associate salaries in Bangalore / Bengaluru

Last Updated: 11 Mar 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹38 L/yr - ₹79.3 L/yr
3 years (AmbitionBox Estimate)

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₹40.5 L/yr - ₹51.8 L/yr
4 years (AmbitionBox Estimate)

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₹41.4 L/yr - ₹52.9 L/yr
5 years (AmbitionBox Estimate)

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₹42.3 L/yr - ₹54 L/yr
6 years  (3 salaries)

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₹28 L/yr - ₹50 L/yr
View all

Similar Designation salaries in McKinsey & Company

Senior Software Engineer Salary
(20 salaries)
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₹22.2 L/yr - ₹40 L/yr
Team Lead Salary
(14 salaries)
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₹8.5 L/yr - ₹14 L/yr
Software Engineer Salary
(11 salaries)
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₹15 L/yr - ₹32 L/yr
Senior Consultant Salary
(10 salaries)
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₹18 L/yr - ₹55 L/yr
Senior Engineer Salary
(7 salaries)
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₹28 L/yr - ₹50.6 L/yr

Salary related reviews for McKinsey & Company

4.0

Rated by 1 employees for salary & benefits

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)

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • Salary - Poor
    • +4 more

Senior Process Associate in Bangalore / Bengaluru

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
    • +2 more
see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
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McKinsey & Company Senior Associate Salary FAQs

What is the salary of Senior Associate at McKinsey & Company in Bangalore / Bengaluru?
The average salary of a Senior Associate at McKinsey & Company in Bangalore / Bengaluru typically ranges from ₹28.0 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Senior Associate in Bangalore / Bengaluru at McKinsey & Company earn more than ₹53.0 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Senior Associate 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 Senior Associate at McKinsey & Company in Bangalore / Bengaluru?
The estimated take-home salary of a Senior Associate at McKinsey & Company in Bangalore / Bengaluru typically ranges from ₹2,78,063 to ₹2,89,499 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 Senior Associate in companies similar to McKinsey & Company in Bangalore / Bengaluru?
The salary of a Senior Associate at companies similar to McKinsey & Company in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BCG ₹27.0 Lakhs to ₹50.0 Lakhs per year
Alvarez & Marsal ₹17.5 Lakhs to ₹27.0 Lakhs per year
Bain & Company ₹14.0 Lakhs to ₹25.0 Lakhs per year
PwC ₹8.3 Lakhs to ₹32.0 Lakhs per year
Huron ₹7.0 Lakhs to ₹29.0 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 Senior Associate at McKinsey & Company in Bangalore / Bengaluru?
The salary growth for a Senior Associate at McKinsey & Company in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Bangalore / Bengaluru can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
2 years ₹38.0 Lakhs to ₹79.3 Lakhs per year
3 years ₹40.5 Lakhs to ₹51.8 Lakhs per year
4 years ₹41.4 Lakhs to ₹52.9 Lakhs per year
5 years ₹42.3 Lakhs to ₹54.0 Lakhs per year
and so on.

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McKinsey & Company Senior Associate salary in Bangalore / Bengaluru ranges between ₹28 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 McKinsey & Company latest salaries received from various employees of McKinsey & Company.