MGB Analyst Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹2.2 Lakhs - ₹7 Lakhs

Salary of majority employees

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27% less than the average Analyst Salary in Management Consulting Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Analyst Salary 0 - 5 years exp. (27 salaries)	Unlock ₹2.2 L/yr - ₹7 L/yr
Legal & Regulatory Analyst Salary 2 - 3 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹6 L/yr
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Consulting Analyst Salary Fresher (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹5.5 L/yr
Risk Management & Compliance Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹4 L/yr

Last Updated: 10 Mar 2025

Companies similar to MGB for Analyst

Company name	Avg Annual Salary	Open Jobs
Tata Group Analyst Salary 0 - 9 years exp. (31 salaries)	Unlock ₹4.7 L/yr - ₹19.1 L/yr 136% more
Reliance Industries Analyst Salary 2 - 7 years exp. (26 salaries)	Unlock ₹3 L/yr - ₹6.8 L/yr 37% more
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Aditya Birla Group Analyst Salary 10 - 13 years exp. (3 salaries)	Unlock ₹5.3 L/yr - ₹6.7 L/yr 38% more
Mahindra & Mahindra Analyst Salary 2 - 11 years exp. (10 salaries)	Unlock ₹2.1 L/yr - ₹6 L/yr 9% less
Godrej Industries Group Analyst Salary 0 - 3 years exp. (3 salaries)	Unlock ₹5.2 L/yr - ₹8.5 L/yr 37% more
Adani Group Analyst Salary 0 - 9 years exp. (7 salaries)	Unlock ₹1.2 L/yr - ₹10.4 L/yr 27% more
ITC Analyst Salary 0 - 3 years exp. (22 salaries)	Unlock ₹1.8 L/yr - ₹10.6 L/yr 16% more
Hindustan Unilever Analyst Salary 2 - 9 years exp. (16 salaries)	Unlock ₹3 L/yr - ₹11.4 L/yr 62% more
Maruti Suzuki Analyst Salary 2 - 5 years exp. (7 salaries)	Unlock ₹4.5 L/yr - ₹12 L/yr 58% more	1 job opening
McKinsey & Company Analyst Salary 0 - 7 years exp. (237 salaries)	Unlock ₹17.4 L/yr - ₹28 L/yr 287% more
The Smart Cube Analyst Salary 0 - 3 years exp. (108 salaries)	Unlock ₹5.3 L/yr - ₹11.3 L/yr 55% more
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Alvarez & Marsal Analyst Salary 0 - 2 years exp. (37 salaries)	Unlock ₹6 L/yr - ₹16 L/yr 88% more
Beroe Inc Analyst Salary 0 - 5 years exp. (36 salaries)	Unlock ₹4.5 L/yr - ₹8.9 L/yr 42% more
Huron Analyst Salary 1 - 4 years exp. (24 salaries)	Unlock ₹3.7 L/yr - ₹10 L/yr 32% more
The Hackett Group Analyst Salary 3 - 7 years exp. (15 salaries)	Unlock ₹3 L/yr - ₹10.2 L/yr 57% more	1 job opening
ICF International Analyst Salary 0 - 2 years exp. (12 salaries)	Unlock ₹8 L/yr - ₹12 L/yr 101% more
Protiviti India Member Analyst Salary 0 - 3 years exp. (8 salaries)	Unlock ₹3.6 L/yr - ₹6.8 L/yr 6% less
Egon Zehnder International Analyst Salary 0 - 6 years exp. (5 salaries)	Unlock ₹3.2 L/yr - ₹9.8 L/yr 24% more
Frost & Sullivan Analyst Salary 0 - 4 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹10.5 L/yr 25% more
Milliman Analyst Salary 1 - 6 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹8.4 L/yr 14% more

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Analyst salary at MGB ranges between ₹2.2 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 42 latest salaries received from various employees of MGB.

Experience wise MGB Analyst salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	Unlock ₹4 L/yr - ₹5.5 L/yr
1 year (5 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr
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2 years (13 salaries)	Unlock ₹2.2 L/yr - ₹7 L/yr
3 years (11 salaries)	Unlock ₹2.4 L/yr - ₹7 L/yr
4 years (4 salaries)	Unlock ₹2.6 L/yr - ₹5.8 L/yr
5 years (5 salaries)	Unlock ₹2.6 L/yr - ₹8.6 L/yr

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Similar Designation salaries in MGB

Accountant Salary

(3 salaries)

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₹3.7 L/yr - ₹4.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr

Financial Analyst Salary

(5 salaries)

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₹2.9 L/yr - ₹5 L/yr

Associate Analyst Salary

(AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr

Senior Associate Salary

(51 salaries)

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₹6.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Associate Consultant Salary

(3 salaries)

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₹3.6 L/yr - ₹5.4 L/yr

Top skills at MGB for Analyst

Hiring HR Talent Acquisition Recruitment Bulk Hiring Consultancy

Salary related reviews for MGB

3.1

Rated by 7 employees for salary & benefits

Assistant Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 22 Aug 2023

5.0

for Salary and Benefits

Likes

No unnecessary late night sittings in all departments except statutory audit even after peak tax season, Handsome salary package offered, timely salary credited.

Salary - Excellent

+1 more

Dislikes

Poisonous politics in office, Terrible promotions, Employee's performance measured and deficiencies communicated only at the time of appraisals instead of periodical (quarterly/semi-annually) performance so that cost-saving should be made, No anonymous review taken from employees against their seniors, If there is no work in a department then you will allocated to another department (For example :- If no work is allocated to statutory audit executive, then his/her spare capacity is utilized by temporary transfer to another internal audit or business development department by the partners)

Job security - Poor

+1 more

Business Developer in New Delhi

Sales & Business Development Department

1.0

• posted on 31 May 2022

1.0

for Salary and Benefits

Likes

All the things like culture, environment, reporting person attitude, delay in salary, no limits of working hours were horrible experience for me. I never saw such a pathetic company in my entire life

Dislikes

Every thing.

Salary - Bad

+6 more

Analyst in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 28 Dec 2023

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

The work culture is bad, alot of favouritism happening, plus the rules are terrible. In Probation period the notice period is 2 months. Plus they claim as Sat off and after joining they say that we need to work on sat as per client’s requirement and no overtime are paid nor comp off is given.

Salary - Poor

+5 more

Senior Associate in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jun 2023

2.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

MGB- Delhi branch is disaster in the name of corporate culture as well as in the name of CA community, Senior of Internal Audit team especially don't know how to manage and run a team, They are running a business like a "lala ki dukan". I will never suggest anyone to join MGB Delhi Branch especially.

Salary - Poor

+6 more

Audit Associate in Mumbai

Full Time

Other Department

3.0

• posted on 11 Feb 2023

3.0

for Salary and Benefits

Likes

The clients are big and one can join the audit department even without having prior audit experience, as long as your interview goes well. Also the work life balance is good and any CA aspirant gets sufficient leave.

Job security - Good

+1 more

Dislikes

The clients are rude and overbearing.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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MGB Analyst Salary FAQs

What is the salary of Analyst at MGB?

Analyst salary at MGB in India ranges between ₹2.2 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 27% less than the average Analyst Salary in India. Salary estimates are based on 42 latest salaries received from various employees of MGB India.

How does the salary of a Analyst at MGB India compare with the average salary range for this job?

The average salary of a Analyst at MGB is 27% less than the average salary of a Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Analyst at MGB?

Hiring, HR, Talent Acquisition, Recruitment and Bulk Hiring are some of the popular skills required to work as a Analyst at MGB India.

Which similar companies are paying more than MGB to a Analyst in India?

Thoucentric Analyst Salary - ₹14.0 Lakhs to ₹27.0 Lakhs per year
McKinsey & Company Analyst Salary - ₹17.4 Lakhs to ₹28.0 Lakhs per year
Tata Group Analyst Salary - ₹4.7 Lakhs to ₹19.1 Lakhs per year
ICF International Analyst Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Alvarez & Marsal Analyst Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Analyst in companies similar to MGB in India?

Hindustan Unilever Analyst Salary - ₹3.0 Lakhs to ₹11.4 Lakhs per year
Maruti Suzuki Analyst Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
The Hackett Group Analyst Salary - ₹3.0 Lakhs to ₹10.2 Lakhs per year
The Smart Cube Analyst Salary - ₹5.3 Lakhs to ₹11.3 Lakhs per year
Beroe Inc Analyst Salary - ₹4.5 Lakhs to ₹8.9 Lakhs per year

What is the estimated take home salary of a Analyst at MGB in India?

The estimated take-home salary of a Analyst at MGB ranges between ₹35,959 per month to ₹37,184 per month in India. The take-home salary calculation is based on the average MGB Analyst salary in India which ranges between ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Analyst at MGB?

According to AmbitionBox, 65% of the MGB Analysts reported a notice period of 2 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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MGB Analyst Salaries

MGB Analyst salary in India ranges between ₹2.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 MGB latest salaries received from various employees of MGB.