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MGB Associate salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹4 Lakhs - ₹10 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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12% less than the average Associate Salary in Management Consulting Companies for 0 - 7 years of experience

Interested in this particular role? 1 job opening

Last Updated: 30 Mar 2025

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Associate salary at MGB ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 85 latest salaries received from various employees of MGB.

Latest annual salaries shared by MGB Associate

2d ago
₹6.5 Lakhs
4 years exp.
2w ago
₹7 Lakhs
2 years exp.
1mo ago
₹10 Lakhs
9 months exp.
1mo ago
₹6.3 Lakhs
2 years exp.
2mo ago
₹9 Lakhs
2 months exp.
3mo ago
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5 months exp.
3mo ago
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4 years exp.
3mo ago
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5 years exp.
5mo ago
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3 years exp.
5mo ago
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2 years exp.

Experience wise MGB Associate salaries

Last Updated: 30 Mar 2025

Experience Avg Annual Salary
Fresher  (10 salaries)

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₹6 L/yr - ₹10 L/yr
1 year  (12 salaries)

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₹5 L/yr - ₹10 L/yr
2 years  (12 salaries)

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₹4 L/yr - ₹8 L/yr
3 years  (14 salaries)

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₹5 L/yr - ₹9.5 L/yr
4 years  (13 salaries)

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₹4.3 L/yr - ₹9 L/yr
View all

Similar Designation salaries in MGB

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₹6.5 L/yr - ₹12 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹3.6 L/yr - ₹5.4 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

Top skills at MGB for Associate

Accounting IBC Due Diligence csr IT Security

Salary related reviews for MGB

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.

read more
  • 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)

read more
  • Job security - Poor
  • +1 more

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

read more

Dislikes

Every thing.

  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Job security - Good
  • +1 more

Dislikes

The clients are rude and overbearing.

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MGB Associate salary in India ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 85 MGB latest salaries received from various employees of MGB.