Oracle Bangalore / Bengaluru Managing Principal Consultant Salaries by 6 Employees

14 - 18 years exp.

₹23 Lakhs - ₹36.8 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

12% more than the average Managing Principal Consultant Salary in Software Product Companies for 14 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Engineering - Software & QA Managing Principal Consultant Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹32 L/yr - ₹34.5 L/yr
Project & Program Management Managing Principal Consultant Salary 14 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹32.4 L/yr
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Consulting Managing Principal Consultant Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹31.9 L/yr - ₹36.8 L/yr

Last Updated: 24 Sep 2024

Companies similar to Oracle for Managing Principal Consultant in Bangalore / Bengaluru

Oracle Managing Principal Consultant Salary

14 - 18 years exp. (6 salaries)

₹23 L/yr - ₹36.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Oracle Financial Services Software Managing Principal Consultant Salary 12 - 18 years exp. (15 salaries)	₹11.3 L/yr - ₹31 L/yr 21% less
Login to view exact salary
Inspirage Managing Principal Consultant Salary 15 - 17 years exp. (4 salaries)	₹32 L/yr - ₹36 L/yr 9% more

Managing Principal Consultant salary at Oracle ranges between ₹23 Lakhs to ₹36.8 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Oracle.

Experience wise Oracle Managing Principal Consultant salaries in Bangalore / Bengaluru

Last Updated: 24 Sep 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹26.8 L/yr - ₹34.2 L/yr
Login to view exact salary
15+ years (4 salaries)	₹12.8 L/yr - ₹36.8 L/yr

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Top skills at Oracle for Managing Principal Consultant

ERP ERP Implementation Team Leading

Salary related reviews for Oracle

Applications Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 17 Oct 2024

2.0

for Salary and Benefits

Likes

Oracle has customers world wide so the work that you do impacts many people. This gives a huge satisfaction as a Software Developer. The work life balance is great where 5-6 hours of solid work is enough to get you through your daily tasks. I have not heard of any layoffs in Oracle's Application Development Unit so the job security is great.

Job security - Excellent

+3 more

Dislikes

...USD in stocks and if you join as an IC2 with 1-4 years of experience, you get 0. The salary desparity is huge and as far as I have heard, the hike cycles are non existent. With regards to learning, as an Applications Developer at Oracle, you will work with Internal tools like VBS and ADF which are not widely used in the industry. These are low code tools which require good problem solving and debugging skills to master but do not require hands on coding as such. Additionally, now they have also started 5 days WFO in most of the Hyderabad teams.

Salary - Poor

+1 more

Analyst in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 25 Oct 2023

3.0

for Salary and Benefits

Likes

The flexibility of the organization, when it comes to having certain work-life balance scenarios. You can take a bit of break here and there to manage your personal responsibilities along with work.

Job security - Excellent

+3 more

Dislikes

The promotions and hikes are far and between. You may get stuck on a particular job role and pay grade for years.

Applications Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 May 2023

2.0

for Salary and Benefits

Likes

Flexible hours

Job security - Good

+2 more

Dislikes

...irritating and demotivating. No salary growth, no transparency in appraisals. Will hire people from outside at very high package but will not provide even a small percentage salary increment to the project people.

Salary - Poor

+3 more

Analyst in Bangalore / Bengaluru

Full Time

Project & Program Management Department

3.0

• posted on 10 May 2019

2.0

for Salary and Benefits

Likes

the belief on the employees and the work culture

Skill development - Good

+3 more

Dislikes

there is no any growth in the company like there are o hikes and increase in salary even if you are serving it for lot more years but is having a best working culture when we compare

Salary - Poor

+2 more

Analyst in Kadubisanahalli

Full Time

Engineering - Software & QA Department

2.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

Campus

Work-life balance - Good

Dislikes

Work culture, there will be no promotion, no salary hikes. No skill development. No entertainment. More work load. Managers were biased. We should hold bucket to manager so they may help you higlight your name even if you are not eligible and have no process knowledge

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Oracle Managing Principal Consultant Salary FAQs

What is the salary of Managing Principal Consultant at Oracle in Bangalore / Bengaluru?

The average salary of a Managing Principal Consultant at Oracle in Bangalore / Bengaluru typically ranges from ₹23.0 Lakhs to ₹36.8 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Managing Principal Consultant in Bangalore / Bengaluru at Oracle earn more than ₹36.8 Lakhs per year, and the top 1% earn over ₹36.8 Lakhs per year. Managing Principal Consultant Salaries at Oracle can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Oracle employees in India.

What is the estimated take home salary of a Managing Principal Consultant at Oracle in Bangalore / Bengaluru?

The estimated take-home salary of a Managing Principal Consultant at Oracle in Bangalore / Bengaluru typically ranges from ₹1,91,982 to ₹1,99,525 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹36.8 Lakhs per year for employees with experience ranging from 14 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Oracle. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Managing Principal Consultant at Oracle in Bangalore / Bengaluru?

To be a Managing Principal Consultant at Oracle in Bangalore / Bengaluru, the key skills required include:

- ERP
- ERP Implementation
- Team Leading

These skills are highly valued at Oracle and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Oracle for Managing Principal Consultant in India?

Inspirage

₹32.0 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Oracle, depending on the role and experience level.

What is the salary of a Managing Principal Consultant in companies similar to Oracle in Bangalore / Bengaluru?

The salary of a Managing Principal Consultant at companies similar to Oracle in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Oracle Financial Services Software

₹11.3 Lakhs to ₹31.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Managing Principal Consultant at Oracle in Bangalore / Bengaluru?

The salary growth for a Managing Principal Consultant at Oracle in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Managing Principal Consultant in Bangalore / Bengaluru can expect the following growth trajectory at Oracle:

Experience	Average Salary Range
14 years	₹26.8 Lakhs to ₹34.2 Lakhs per year
15 years	₹12.8 Lakhs to ₹36.8 Lakhs per year

and so on.

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Oracle Managing Principal Consultant Salaries in Bangalore / Bengaluru

Oracle Managing Principal Consultant salary in Bangalore / Bengaluru ranges between ₹23 Lakhs to ₹36.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Oracle latest salaries received from various employees of Oracle.