MGB Associate Consultant Salaries by 3 Employees

1 - 9 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

55% less than the average Associate Consultant Salary in Management Consulting Companies for 1 - 9 years of experience

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Salaries in different departments

Data Science & Analytics Associate Consultant Salary 2 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr
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Finance & Accounting Associate Consultant Salary 9 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 13 Jun 2023

Companies similar to MGB for Associate Consultant

Company name	Avg Annual Salary	Open Jobs
Tata Group Associate Consultant Salary 7 - 14 years exp. (18 salaries)	₹14.6 L/yr - ₹35 L/yr 328% more
Reliance Industries Associate Consultant Salary 2 - 4 years exp. (8 salaries)	₹2.6 L/yr - ₹7 L/yr 44% more
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Aditya Birla Group Associate Consultant Salary 1 - 31 years exp. (5 salaries)	₹7.4 L/yr - ₹35.5 L/yr 348% more
Mahindra & Mahindra Associate Consultant Salary 0 - 3 years exp. (7 salaries)	₹1.6 L/yr - ₹8.7 L/yr 31% more
Adani Group Associate Consultant Salary 5 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 6% more
ITC Associate Consultant Salary 0 - 7 years exp. (17 salaries)	₹4.3 L/yr - ₹13.4 L/yr 90% more
Hindustan Unilever Associate Consultant Salary 2 - 6 years exp. (7 salaries)	₹1.3 L/yr - ₹6.1 L/yr 9% less
Huron Associate Consultant Salary 0 - 3 years exp. (87 salaries)	₹4 L/yr - ₹10 L/yr 46% more	7 job openings
McKinsey & Company Associate Consultant Salary 0 - 7 years exp. (57 salaries)	₹18.4 L/yr - ₹73.6 L/yr 812% more
Frost & Sullivan Associate Consultant Salary 0 - 3 years exp. (26 salaries)	₹4.2 L/yr - ₹7.5 L/yr 27% more
Korn Ferry Associate Consultant Salary 1 - 4 years exp. (25 salaries)	₹6 L/yr - ₹23.5 L/yr 193% more
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The Hackett Group Associate Consultant Salary 1 - 3 years exp. (24 salaries)	₹4.6 L/yr - ₹7 L/yr 24% more
Protiviti India Member Associate Consultant Salary 0 - 2 years exp. (6 salaries)	₹6.5 L/yr - ₹13 L/yr 129% more
Argano Software Associate Consultant Salary 1 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹8.2 L/yr 17% more
Alvarez & Marsal Associate Consultant Salary 0 - 4 years exp. (4 salaries)	₹12 L/yr - ₹25 L/yr 323% more
ICF International Associate Consultant Salary 3 years exp. (4 salaries)	₹8.6 L/yr - ₹15 L/yr 157% more
The Smart Cube Associate Consultant Salary 0 - 5 years exp. (4 salaries)	₹6.8 L/yr - ₹20 L/yr 204% more
Thoucentric Associate Consultant Salary 0 - 2 years exp. (4 salaries)	₹8.5 L/yr - ₹18 L/yr 219% more

Associate Consultant salary at MGB ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 3 latest salaries received from various employees of MGB.

Experience wise MGB Associate Consultant salaries

Last Updated: 13 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in MGB

Senior Associate Salary

(51 salaries)

₹6.5 L/yr - ₹12 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for MGB

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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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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MGB Associate Consultant Salary FAQs

What is the notice period for Associate Consultant at MGB?

According to AmbitionBox, 100% of the MGB Associate Consultants reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MGB Associate Consultant Salaries

MGB Associate Consultant salary in India ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MGB latest salaries received from various employees of MGB.