McKinsey & Company Strategy Consultant Salaries by 6 Employees (Updated 2025)

5 - 7 years exp.

₹24 Lakhs - ₹53.1 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Strategy Consultant Salary in Management Consulting Companies for 5 - 7 years of experience

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Last Updated: 1 Aug 2024

Companies similar to McKinsey & Company for Strategy Consultant

Company name	Avg Annual Salary	Open Jobs
BCG Strategy Consultant Salary 1 - 8 years exp. (13 salaries)	₹27.7 L/yr - ₹1 Cr/yr 98% more
Bain & Company Strategy Consultant Salary 0 - 2 years exp. (5 salaries)	₹10 L/yr - ₹28.5 L/yr 35% less
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Deloitte Strategy Consultant Salary 2 - 7 years exp. (187 salaries)	₹13.2 L/yr - ₹36 L/yr 18% less
PwC Strategy Consultant Salary 2 - 9 years exp. (89 salaries)	₹12.6 L/yr - ₹38 L/yr 16% less	1 job opening
KPMG India Strategy Consultant Salary 2 - 7 years exp. (40 salaries)	₹11.5 L/yr - ₹30 L/yr 36% less
Accenture Strategy Consultant Salary 2 - 11 years exp. (409 salaries)	₹18 L/yr - ₹55 L/yr 16% more	4 job openings
Ernst & Young Strategy Consultant Salary 1 - 9 years exp. (20 salaries)	₹8 L/yr - ₹25 L/yr 51% less	1 job opening
IBM Strategy Consultant Salary 2 - 9 years exp. (213 salaries)	₹8.5 L/yr - ₹30 L/yr 39% less	1 job opening
Capgemini Strategy Consultant Salary 1 - 4 years exp. (34 salaries)	₹11 L/yr - ₹17.6 L/yr 56% less
TCS Strategy Consultant Salary 2 - 16 years exp. (21 salaries)	₹7 L/yr - ₹28.6 L/yr 46% less
Gartner Strategy Consultant Salary 4 - 6 years exp. (7 salaries)	₹15 L/yr - ₹25 L/yr 36% less
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ZS Strategy Consultant Salary 3 - 7 years exp. (5 salaries)	₹24.6 L/yr - ₹28 L/yr 23% less
Blackrock Strategy Consultant Salary 1 - 4 years exp. (4 salaries)	₹17.2 L/yr - ₹32.2 L/yr 31% less
Kearney Strategy Consultant Salary 3 - 5 years exp. (4 salaries)	₹33 L/yr - ₹60 L/yr 54% more

Strategy Consultant salary at McKinsey & Company ranges between ₹24 Lakhs to ₹53.1 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Strategy Consultant salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹24 L/yr - ₹24 L/yr
6 years (4 salaries)	₹24 L/yr - ₹53.1 L/yr
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7 years (AmbitionBox Estimate)	₹38 L/yr - ₹77.1 L/yr

Similar Designation salaries in McKinsey & Company

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Salary related reviews for McKinsey & Company

3.0

Rated by 1 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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McKinsey & Company Strategy Consultant Salary FAQs

What is the salary of Strategy Consultant at McKinsey & Company?

Strategy Consultant salary at McKinsey & Company in India ranges between ₹24.0 Lakhs to ₹53.1 Lakhs for experience between 5 years to 7 years. According to our estimates it is 26% more than the average Strategy Consultant Salary in India. Salary estimates are based on 6 latest salaries received from various employees of McKinsey & Company India.

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

The average salary of a Strategy Consultant at McKinsey & Company is 26% more than the average salary of a Strategy Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than McKinsey & Company to a Strategy Consultant in India?

BCG Strategy Consultant Salary - ₹27.7 Lakhs to ₹102.0 Lakhs per year
Kearney Strategy Consultant Salary - ₹33.0 Lakhs to ₹60.0 Lakhs per year
Accenture Strategy Consultant Salary - ₹18.0 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Strategy Consultant in companies similar to McKinsey & Company in India?

PwC Strategy Consultant Salary - ₹12.6 Lakhs to ₹38.0 Lakhs per year
Deloitte Strategy Consultant Salary - ₹13.2 Lakhs to ₹36.0 Lakhs per year
ZS Strategy Consultant Salary - ₹24.6 Lakhs to ₹28.0 Lakhs per year
Blackrock Strategy Consultant Salary - ₹17.2 Lakhs to ₹32.2 Lakhs per year
Bain & Company Strategy Consultant Salary - ₹10.0 Lakhs to ₹28.5 Lakhs per year

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

The estimated take-home salary of a Strategy Consultant at McKinsey & Company ranges between ₹1,96,519 per month to ₹2,04,268 per month in India. The take-home salary calculation is based on the average McKinsey & Company Strategy Consultant salary in India which ranges between ₹24.0 Lakhs to ₹53.1 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Strategy Consultant at McKinsey & Company?

According to AmbitionBox, 50% of the McKinsey & Company Strategy Consultants reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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McKinsey & Company Strategy Consultant Salaries

McKinsey & Company Strategy Consultant salary in India ranges between ₹24 Lakhs to ₹53.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 McKinsey & Company latest salaries received from various employees of McKinsey & Company.