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based on 596 Reviews

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McKinsey & Company Senior Associate salaries in India

Annual salary range
1 - 10 years exp.
₹22 Lakhs - ₹76 Lakhs
Salary of majority employees
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417% more than the average Senior Associate Salary in Management Consulting Companies for 1 - 10 years of experience

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Salaries in different departments

Strategic & Top Management
Senior Associate Salary
5 - 10 years exp. (4 salaries)
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₹30.2 L/yr - ₹55 L/yr

Consulting
Senior Associate Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹31 L/yr - ₹72 L/yr

Data Science & Analytics
Senior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹53.4 L/yr - ₹55 L/yr

Last Updated: 7 Jan 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. (295 salaries)

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₹9.5 L/yr - ₹26.8 L/yr

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2 job openings
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0 - 5 years exp. (419 salaries)

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₹24 L/yr - ₹50 L/yr

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₹6.5 L/yr - ₹27 L/yr

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1 job opening
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0 - 12 years exp. (14.7k salaries)

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₹8 L/yr - ₹30 L/yr

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₹6 L/yr - ₹21 L/yr

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0 - 10 years exp. (888 salaries)

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₹7 L/yr - ₹25 L/yr

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0 - 10 years exp. (3.6k salaries)

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₹1.5 L/yr - ₹9 L/yr

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Capgemini Senior Associate Salary

0 - 10 years exp. (7.5k salaries)

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₹1.6 L/yr - ₹7.5 L/yr

arrow icon 91% less
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TCS Senior Associate Salary

0 - 13 years exp. (7.5k salaries)

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₹1.4 L/yr - ₹8 L/yr

arrow icon 90% less
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Infosys Senior Associate Salary

1 - 9 years exp. (1.2k salaries)

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₹5.7 L/yr - ₹16.6 L/yr

arrow icon 79% less
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IBM Senior Associate Salary

2 - 10 years exp. (644 salaries)

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₹3.5 L/yr - ₹11.8 L/yr

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Willis Towers Watson Senior Associate Salary

4 - 12 years exp. (397 salaries)

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 88% less
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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 88% less
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ZS Senior Associate Salary

1 - 5 years exp. (72 salaries)

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₹10 L/yr - ₹17.2 L/yr

arrow icon 72% less
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Mercer Senior Associate Salary

2 - 6 years exp. (64 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 91% less
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Blackrock Senior Associate Salary

4 - 13 years exp. (58 salaries)

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₹11 L/yr - ₹31.9 L/yr

arrow icon 59% less
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Gartner Senior Associate Salary

2 - 6 years exp. (37 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 84% less
1 job opening
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Huron Senior Associate Salary

4 - 10 years exp. (31 salaries)

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₹7.9 L/yr - ₹32.2 L/yr

arrow icon 59% less
1 job opening
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Kearney Senior Associate Salary

3 - 11 years exp. (23 salaries)

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₹36.4 L/yr - ₹70 L/yr

arrow icon 10% more
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Protiviti Senior Associate Salary

2 - 7 years exp. (21 salaries)

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₹6.1 L/yr - ₹15 L/yr

arrow icon 77% less
View all
Senior Associate salary at McKinsey & Company ranges between ₹22 Lakhs to ₹76 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 47 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: 7 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹23 L/yr - ₹85.8 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  (10 salaries)

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₹22.5 L/yr - ₹60 L/yr
View all

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(3 salaries)
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₹23.2 L/yr - ₹36.2 L/yr
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(46 salaries)
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₹5.5 L/yr - ₹20.9 L/yr
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₹2.6 L/yr - ₹3 L/yr
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₹10 L/yr - ₹32 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

Salary related reviews for McKinsey & Company

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Rated by 7 employees for salary & benefits

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 · 

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1.0
  •  posted on 09 Jun 2024

5.0
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Good salary and benefits, specifically for the consulting path

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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Likes

Pay and benefits

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.

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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.

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Dislikes

Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

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desk job. good start for a fresher

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We do have job security and opportunities to learn

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...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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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 10 years. According to our estimates it is 417% more than the average Senior Associate Salary in India. Salary estimates are based on 47 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 417% 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 - ₹36.4 Lakhs to ₹70.0 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
  • WSP Senior Associate Salary - ₹18.5 Lakhs to ₹32.0 Lakhs per year
  • Bain & Company Senior Associate Salary - ₹9.5 Lakhs to ₹26.8 Lakhs per year
  • Blackrock Senior Associate Salary - ₹11.0 Lakhs to ₹31.9 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 ₹2,81,284 per month to ₹2,92,856 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 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at McKinsey & Company?
According to AmbitionBox, 60% of the McKinsey & Company Senior Associates reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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 47 McKinsey & Company latest salaries received from various employees of McKinsey & Company.