Tata Strategic Management Group Mumbai Associate Consultant Salaries by 7 Employees (Updated 2025)

3 - 8 years exp.

₹23 Lakhs - ₹36 Lakhs

Avg. annual salary

Monthly In-hand Salary

211% more than the average Associate Consultant Salary in Analytics & KPO Companies for 3 - 8 years of experience

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Salaries in different departments

Consulting Associate Consultant Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹35 L/yr
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Strategic & Top Management Associate Consultant Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹31.2 L/yr - ₹36 L/yr

Last Updated: 22 Mar 2025

Companies similar to Tata Strategic Management Group for Associate Consultant in Mumbai

Tata Strategic Management Group Associate Consultant Salary

3 - 8 years exp. (7 salaries)

₹23 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Market Insights Associate Consultant Salary 1 - 3 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 85% less
Capgemini Associate Consultant Salary 0 - 8 years exp. (5.8k salaries)	₹3.2 L/yr - ₹9.7 L/yr 80% less
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TCS Associate Consultant Salary 6 - 21 years exp. (1.6k salaries)	₹8.6 L/yr - ₹31 L/yr 39% less
KPMG India Associate Consultant Salary 0 - 7 years exp. (724 salaries)	₹4 L/yr - ₹15 L/yr 70% less	10 job openings
Ernst & Young Associate Consultant Salary 0 - 6 years exp. (648 salaries)	₹4 L/yr - ₹14 L/yr 74% less	49 job openings

Associate Consultant salary at Tata Strategic Management Group ranges between ₹23 Lakhs to ₹36 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Tata Strategic Management Group.

Experience wise Tata Strategic Management Group Associate Consultant salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹28.2 L/yr - ₹36.1 L/yr
4 years (3 salaries)	₹25 L/yr - ₹35 L/yr
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5 years (AmbitionBox Estimate)	₹29.1 L/yr - ₹37.1 L/yr
6 years (AmbitionBox Estimate)	₹29.5 L/yr - ₹37.7 L/yr
7 years (AmbitionBox Estimate)	₹29.9 L/yr - ₹38.2 L/yr
8 years (AmbitionBox Estimate)	₹30.3 L/yr - ₹38.8 L/yr

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Similar Designation salaries in Tata Strategic Management Group

Senior Consultant Salary

(4 salaries)

₹43.7 L/yr - ₹52 L/yr

Salary related reviews for Tata Strategic Management Group

Consultant in Mumbai

Production, Manufacturing & Engineering Department

1.0

• posted on 14 Apr 2018

1.0

for Salary and Benefits

Likes

The only pro about TSMG is that as you have no direction you end up doing everything (struggling with everything ) and hence you learn fast.. But there is only so much you can learn on your own.

Dislikes

Feedback for chemical practice a) Spineless infective leadership b) extremely Political environment c) Bunch of sales people pretending to be consultant (Chemical practice ) d) No respect, recognition or opportunity for growth unless you are a boot licker e) Worst people I've ever met. They make enemies and take their enmity out on you. Especially Chemical practice. Worst people I've met ever. f) Extremely disrespectful culture g) Only targets are given and almost every time you would find yourself explaining the principals and senior practice head your recommendations and thought process and surprise they don't even present to client.

Salary - Bad

+6 more

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Top trending discussions

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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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Tata Strategic Management Group Associate Consultant Salary FAQs

What is the salary of Associate Consultant at Tata Strategic Management Group in Mumbai?

The average salary of a Associate Consultant at Tata Strategic Management Group in Mumbai typically ranges from ₹23.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Associate Consultant in Mumbai at Tata Strategic Management Group earn more than ₹35.8 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Associate Consultant Salaries at Tata Strategic Management Group 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 7 Tata Strategic Management Group employees in India.

What is the estimated take home salary of a Associate Consultant at Tata Strategic Management Group in Mumbai?

The estimated take-home salary of a Associate Consultant at Tata Strategic Management Group in Mumbai typically ranges from ₹1,98,565 to ₹2,06,407 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 7 salaries received from various employees of Tata Strategic Management Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Associate Consultant in companies similar to Tata Strategic Management Group in Mumbai?

The salary of a Associate Consultant at companies similar to Tata Strategic Management Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹8.6 Lakhs to ₹31.0 Lakhs per year
KPMG India	₹4.0 Lakhs to ₹15.0 Lakhs per year
Ernst & Young	₹4.0 Lakhs to ₹14.0 Lakhs per year
Capgemini	₹3.2 Lakhs to ₹9.7 Lakhs per year
Future Market Insights	₹4.0 Lakhs to ₹5.0 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 Associate Consultant at Tata Strategic Management Group in Mumbai?

The salary growth for a Associate Consultant at Tata Strategic Management Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Consultant in Mumbai can expect the following growth trajectory at Tata Strategic Management Group:

Experience	Average Salary Range
3 years	₹28.2 Lakhs to ₹36.1 Lakhs per year
4 years	₹25.0 Lakhs to ₹35.0 Lakhs per year
5 years	₹29.1 Lakhs to ₹37.1 Lakhs per year
6 years	₹29.5 Lakhs to ₹37.7 Lakhs per year

and so on.

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Tata Strategic Management Group Associate Consultant Salaries in Mumbai

Tata Strategic Management Group Associate Consultant salary in Mumbai ranges between ₹23 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tata Strategic Management Group latest salaries received from various employees of Tata Strategic Management Group.

Tata Strategic Management Group Associate Consultant salaries in Mumbai (Updated 2025)