MGB Assistant Manager Salaries by 20+ Employees (Updated 2025)

1 - 7 years exp.

₹5 Lakhs - ₹16 Lakhs

Salary of majority employees

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28% more than the average Assistant Manager Salary in Management Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 7 years exp. (11 salaries)	Unlock ₹8 L/yr - ₹15.5 L/yr
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Risk Management & Compliance Assistant Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹13 L/yr

Last Updated: 2 Feb 2025

Companies similar to MGB for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Tata Group Assistant Manager Salary 3 - 15 years exp. (114 salaries)	Unlock ₹3.9 L/yr - ₹16.1 L/yr 14% less	1 job opening
Reliance Industries Assistant Manager Salary 0 - 17 years exp. (2.7k salaries)	Unlock ₹1.8 L/yr - ₹10 L/yr 43% less
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Aditya Birla Group Assistant Manager Salary 1 - 12 years exp. (355 salaries)	Unlock ₹5 L/yr - ₹18.2 L/yr 1% more
Mahindra & Mahindra Assistant Manager Salary 0 - 15 years exp. (2.3k salaries)	Unlock ₹4.3 L/yr - ₹12.8 L/yr 25% less	6 job openings
Godrej Industries Group Assistant Manager Salary 2 - 12 years exp. (143 salaries)	Unlock ₹4.2 L/yr - ₹15.6 L/yr 12% less
Bajaj Group Assistant Manager Salary 2 - 11 years exp. (6 salaries)	Unlock ₹7.2 L/yr - ₹13.5 L/yr 10% less
Adani Group Assistant Manager Salary 0 - 17 years exp. (746 salaries)	Unlock ₹6 L/yr - ₹18.5 L/yr At par	5 job openings
ITC Assistant Manager Salary 1 - 16 years exp. (608 salaries)	Unlock ₹8 L/yr - ₹14.9 L/yr 32% more
Hindustan Unilever Assistant Manager Salary 2 - 18 years exp. (736 salaries)	Unlock ₹10.4 L/yr - ₹29.3 L/yr 107% more
Maruti Suzuki Assistant Manager Salary 0 - 15 years exp. (1.9k salaries)	Unlock ₹7.1 L/yr - ₹20 L/yr 33% more	38 job openings
The Smart Cube Assistant Manager Salary 3 - 9 years exp. (241 salaries)	Unlock ₹9.9 L/yr - ₹25.6 L/yr 61% more
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McKinsey & Company Assistant Manager Salary 4 - 13 years exp. (42 salaries)	Unlock ₹12.2 L/yr - ₹32 L/yr 121% more
Valueonshore Advisors Assistant Manager Salary 5 - 10 years exp. (36 salaries)	Unlock ₹7.1 L/yr - ₹18 L/yr 15% more
QDegrees Assistant Manager Salary 1 - 10 years exp. (34 salaries)	Unlock ₹3.3 L/yr - ₹7.5 L/yr 49% less
S.M. Consultants Assistant Manager Salary 1 - 7 years exp. (14 salaries)	Unlock ₹2.5 L/yr - ₹5.2 L/yr 65% less
Protiviti India Member Assistant Manager Salary 0 - 9 years exp. (9 salaries)	Unlock ₹10 L/yr - ₹41.5 L/yr 124% more
Hero Corporate Services Assistant Manager Salary 0 - 11 years exp. (6 salaries)	Unlock ₹6 L/yr - ₹13 L/yr 19% less
Egon Zehnder International Assistant Manager Salary 7 - 17 years exp. (6 salaries)	Unlock ₹30.7 L/yr - ₹58 L/yr 227% more	1 job opening
Frost & Sullivan Assistant Manager Salary 12 - 17 years exp. (6 salaries)	Unlock ₹7 L/yr - ₹14.5 L/yr 15% more
Milliman Assistant Manager Salary 12 - 15 years exp. (5 salaries)	Unlock ₹20.1 L/yr - ₹30 L/yr 118% more

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Assistant Manager salary at MGB ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 22 latest salaries received from various employees of MGB.

Latest annual salaries shared by MGB Assistant Manager

3d ago

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4 years exp.

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2 years exp.

11mo ago

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6 years exp.

11mo ago

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6 years exp.

1y ago

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4 years exp.

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5 years exp.

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4 years exp.

Experience wise MGB Assistant Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹20.6 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹14.5 L/yr
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3 years (4 salaries)	Unlock ₹9 L/yr - ₹15.5 L/yr
4 years (6 salaries)	Unlock ₹8 L/yr - ₹16 L/yr
5 years (5 salaries)	Unlock ₹5.5 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹18.6 L/yr
7 years (3 salaries)	Unlock ₹8.4 L/yr - ₹10.4 L/yr

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Similar Designation salaries in MGB

Store Manager Salary

(AmbitionBox Estimate)

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₹0.2 L/yr - ₹0.2 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr

Senior Associate Salary

(51 salaries)

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₹6.5 L/yr - ₹12 L/yr

Top skills at MGB for Assistant Manager

Lead Generation Relationship Management Management Cold Calling Advisory

Salary related reviews for MGB

4.8

Rated by 4 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 Assistant Manager Salary FAQs

What is the salary of Assistant Manager at MGB?

Assistant Manager salary at MGB in India ranges between ₹5.0 Lakhs to ₹16.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 28% more than the average Assistant Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of MGB India.

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

The average salary of a Assistant Manager at MGB is 28% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

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

Lead Generation, Relationship Management, Management, Cold Calling and Advisory are some of the popular skills required to work as a Assistant Manager at MGB India.

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

Egon Zehnder International Assistant Manager Salary - ₹30.7 Lakhs to ₹58.0 Lakhs per year
Protiviti India Member Assistant Manager Salary - ₹10.0 Lakhs to ₹41.5 Lakhs per year
McKinsey & Company Assistant Manager Salary - ₹12.2 Lakhs to ₹32.0 Lakhs per year
Milliman Assistant Manager Salary - ₹20.1 Lakhs to ₹30.0 Lakhs per year
Hindustan Unilever Assistant Manager Salary - ₹10.4 Lakhs to ₹29.3 Lakhs per year

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

Huron Assistant Manager Salary - ₹15.5 Lakhs to ₹25.0 Lakhs per year
The Smart Cube Assistant Manager Salary - ₹9.9 Lakhs to ₹25.6 Lakhs per year
Maruti Suzuki Assistant Manager Salary - ₹7.1 Lakhs to ₹20.0 Lakhs per year
ITC Assistant Manager Salary - ₹8.0 Lakhs to ₹14.9 Lakhs per year
Beroe Inc Assistant Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at MGB ranges between ₹77,289 per month to ₹79,295 per month in India. The take-home salary calculation is based on the average MGB Assistant Manager salary in India which ranges between ₹5.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at MGB?

According to AmbitionBox, 79% of the MGB Assistant Managers reported a notice period of 2 Months, 21% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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MGB Assistant Manager Salaries

MGB Assistant Manager salary in India ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 MGB latest salaries received from various employees of MGB.