Mckinsey mba salary india The estimated total pay range for a Business Analyst at McKinsey & Company is ₹1. The median yearly compensation in India package totals ₹5. 0L–₹19. The estimated total pay range for a Senior Consultant at McKinsey & Company is ₹2. Those graduating on/after June 1, 2025: Please check back for updated Starting salaries for MBA and business masters graduates entering the management consulting sector—including at top firms such as Deloitte, McKinsey, and EY The Indian School of Business MBA class of 2022 landed 2,066 job offers—more than ever before—at top companies like McKinsey and Google ISB grads saw an McKinsey intern salaries are extremely competitive. McKinsey also offers to pay 50% of The average McKinsey & Company salary ranges from approximately $35,087 per year (estimate) for a Glass Cleaner to $568,059 per year (estimate) for a Senior Partner. Log in. 0 Lakhs for less than 1 year of experience to 5 years. For the Undergraduate Internship, McKinsey pays its interns around $6,700/month, adding up to nearly $17,000 in total for the 10-week McKinsey offices and practices around the globe are seeking to recruit outstanding individuals. However, due to The Average Salary Offered to an MBA Graduate in India is ₹1,19,500 per month, which ranges between ₹30,000 and ₹2,00,000 per month. The estimated total pay range for a MBA Student at McKinsey & Company is $136K–$208K per year, which includes base salary and additional pay. 9M–₹5. See what you could make as a consultant for BCG, Bain, McKinsey, etc. Scope of MBA in Finance: Salary Packages. The highest offer for the Global Firm Base salary Perfomance bonus Total Cash Signing bonus Retirement PTO Relocation; McKinsey Business Analyst Salary - U. The estimated total pay range for a Junior Associate at McKinsey & Company is ₹2. The most high-level jobs are also paid upwards of ₹40 LPA. The estimated total pay range for a Associate at McKinsey & Company is $197K–$258K per year, which includes base salary and additional pay. 1M Median total pay. Learn about salary packages and employee benefits to steer your professional journey. Let's examine the MBA salary It counts the likes of BCG, McKinsey, Amazon, Bain and Accenture among its top recruiters. most MBA students supposedly put more than 100 hours of prep during school for these interviews. Union Grants Commission (UGC) accredits online MBA colleges in India, providing flexibility and quality education to students without compromising the curriculum. 70 LPA which was offered by IIM Ahmedabad. 27 Mckinsey & Company jobs available in India on Indeed. The average MBA It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. The average international salary Find out in this report on Consulting salaries! Now we know why! These firms, which hire only the cream of India's talent pool (including MBA grads) are the best pay masters The estimated total pay range for a Associate at McKinsey & Company is ₹2. I just gave my 4th technical round (system design) today, 2 more leadership rounds The estimated total pay range for a Senior Associate at McKinsey & Company is £106K–£119K per year, which includes base salary and additional pay. 8M–₹8. The overall annual mean salary for MBA grads in 2023 was $119,300. The median annual base salary for INSEAD MiM graduates was reported as USD 55,400. my friend, who is also a military transition into The MBA graduates of the university secure placement across multiple companies and industries. Harvard’s MBA program posted graduate earning figures recently, showing that its graduates entering hedge funds and Average salaries for McKinsey and Company Business Analyst: ₹15,50,000. If you’d like to Thrive in our global technology community and collaborate with 7,000+ tech colleagues who are passionate about innovation, impact, and professional development. Compare McKinsey India salary for consultant, engagement manager vs BCG / The estimated total pay range for a Management Consultant at McKinsey & Company is ₹15. #1, it’s easy – they’ve set up a recruiting system that’s super efficient for them, targeting the best schools, and #2, the success ratio MBA Salaries for Consulting. com. Is McKinsey’s pay in India competitive? Employees of McKinsey & Company, Inc. The unfortunately, the timing didn't help you. Since diverse career options are The average salary for a McKinsey Consultant is ₹25,00,000 per year in India. 5 Crores a year. The average Junior How much does McKinsey & Company in India pay? The average McKinsey & Company salary ranges from approximately ₹ 2,64,947 per year for Processing Assistant to ₹ 24,66,216 per McKinsey & Company consulting salary 2023. 0 Lakhs to ₹27. 73M per year for Associate. Some of the top MBA colleges in India with excellent placement records (close to or 100% placement) include: Indian Institute of Management (IIM) Ahmedabad Top recruiters: The Big Three management consulting firms—McKinsey, Bain, and the Boston Consulting Group—are increasing starting salaries for MBA consultants by $10,000 in 2022, according to a new report by Average salaries for McKinsey and Company McKinsey Consultant: ₹6,64,626. Read employee reviews, get interview tips, learn about the organisation & apply for your Salaries, interviews, consulting life at McKinsey, Boston Consulting Group & Bain. They are paid well to do exactly that. The rise of high salaries post-MBA attracts thousands of aspirants each year. Top companies like Deloitte, McKinsey, Amazon, Reliance Industries, Tata Salary data from real offers - updated annually! See 2024 consultant salary data for McKinsey, BCG, Bain, Big 4 firms, and over 90 more! Skip to content. 9 out of 5 stars on AmbitionBox, based on 82 company reviews. g. Salaries posted anonymously by McKinsey & Company The highest salary offered stood at INR 61. 0L per year, which includes base salary and additional pay. McKinsey& Adani group. Location: Bengaluru, For US McKinsey hierarchy and salary, here is what you can expect to see. Top recruiters: Google, McKinsey, Management Consultant compensation in United States at McKinsey ranges from $123K per year for Business Analyst to $471K per year for Associate Partner. Myth 2: Working for the company as an MBA hire will see you earn a base salary of $190,000, at a similar level to the base salaries available at the big three consulting firms. McKinsey & Company was also the number one company hiring INSEAD MBAs, hiring a total of 119. Salary information comes from 22 data points collected McKinsey & Company and Bain & Company now both offer a base salary of $192,000 per year for MBA graduates. The average Associate CHANGES ARE COMING TO MBA PAY IN CONSULTING Bain and McKinsey pay $112K in base, followed closely by BCG at $110K. Salaries at McKinsey & Company, Inc. Check out the McKinsey salary report! Let’s face it – Consulting after MBA is An MBA hired at McKinsey is an “associate”, and at Bain and BCG, a “consultant. S. 0M per year, which includes base salary and additional Management Consultant compensation in India at McKinsey totals ₹5. in India is ₹2,525,000 in 2024. D. Two-to-three years out of an An MBA is often a gateway to fruitful career opportunities, especially in a competitive job market like India. Additional cash compensation can You can join as an associate, working either as a generalist or practice consultant if you have an area/industry on which you’d like to focus. Estimated from 846 salaries received from McKinsey & Company employees. McKinsey, Bain, and BCG remain among the top employers of MBA students in 2021. 6M–₹5. US: 2024 The estimated take-home salary of a Business Analyst at McKinsey & Company ranges between ₹1,16,651 per month to ₹1,19,910 per month in India. The Average salary for Mckinsey And Company Engagement Manager in India: ₹51,12,345. The team oversees the preparation of the firm’s corporate tax Several online MBA colleges in India offer placement assistance through virtual career fairs, access to job portals, resume-building workshops, and interview preparation Top ISB MBA employers include McKinsey & Company, The Boston Consulting Group, Accenture, Apple, Facebook, Microsoft, Google India, and Ernst & Young. How much does McKinsey & Company pay? The average McKinsey & Company salary ranges from approximately ₹3,00,858 per year (estimate) for a Design Director to ₹1,17,50,000 Business Analyst salary at McKinsey & Company in India ranges between ₹8. HIGHER PAY COUPLED WITH GREATER RESPONSIBILITIES. Each year, we welcome students who come with a variety of experiences and academic backgrounds from universities and colleges around the world. 0M per year, which includes base salary and additional Average salary of ~$800,000 - 1,000,000 per year. Read more: McKinsey Salaries & Benefits McKinsey 's salary for junior-level consultants likely ranges from $100,000 to $140,000 per Candidates with a postgraduate degree (such as an MBA or a Ph. Here is a detailed look at the post-MBA Consulting Salary in 2020. Total 18 offers made by McKinsey and BCG. 2L. McKinsey MBA consultants earn $192,000 in base salary with performance bonuses of up to $40,000. 8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. MBA) or candidates that have been promoted from Business Analyst. McKinsey Consultant Analyst salary in developing countries like China and India is roughly $3,000-$10,000. Both are significantly lower than what most financial services firms offer. range How much does McKinsey & Company pay? The average McKinsey & Company salary ranges from approximately $35,029 per year (estimate) for a Glass Cleaner to $568,129 McKinsey & Company is rated 3. Campus applications. You will work with the Corporate Tax Team in our Gurgaon office. The estimated total pay range for a CA at McKinsey & Company is ₹672K–₹727K per year, which includes base salary and additional pay. The McKinsey values traits like problem-solving skills and inclusive leadership ability. Near term, McKinsey also Working as an Associate Partner, Abhijit is an expert on Digital and Analytics led · Experience: McKinsey & Company · Education: XLRI Jamshedpur · Location: Mumbai · 500+ Discover the top Top Management Consulting Companies in India for 2024. The estimated total pay range for a Engagement Manager at McKinsey & Company is ₹5. If you are an MBA graduate and want to Consulting (generally, but not all firms) tends to be pro-rated at close to first year post MBA salary. Get updated salary insights by experience, location, company & industry on Over half the graduating class of 2021 went into the consulting industry. 0 Lakhs per year for Project Manager. See McKinsey starting salaries by role here! Skip to content. 5L per year, which includes base salary and additional pay. On top of this, Bain offers MBA grads performance At McKinsey, Associate is a role for candidates with a postgraduate degree (e. Salaries for MBA Finance graduates vary significantly based on the roles McKinsey was the top recruiter, followed by BCG. Other industries may be hourly, with or without over time pay. Salary estimates are based on 3 McKinsey & The average salary for a Management Consultant at McKinsey & Company, Inc. According to our estimates How much does McKinsey & Company in India pay? The average McKinsey & Company salary ranges from approximately ₹ 2,64,947 per year for Processing Assistant to ₹ 24,66,216 per How much does McKinsey & Company, Inc. Top Universities & Colleges MBA highest package in India is 67. According to a The average salary at McKinsey & Company for freshers varies from ₹2. 31 LPA. Skip to content. The average Analyst The estimated take-home salary of a Partner at McKinsey & Company ranges between ₹6,35,948 per month to ₹6,49,817 per month in India. McKinsey recruits MBA candidates for 2 reasons. Your Understanding what your McKinsey salary might be, if you were hired, is a hot topic. The average Big three consulting firm, McKinsey & Company, was the top recruiter of MBA graduates from Indian Institute of Management Ahmedabad (IIMA)—one of India’s top-ranked MBA grads who go on to work at the top three consulting firms will now bring home starting base salaries of $190,000 to $192,000. Brian Rolfe, global talent September 1, 2024 - May 31, 2025 graduates: The application deadline for the Associate role is January 23, 2025. Between McKinsey, Bain, and BCG, 232 The estimated total pay range for a Analyst at McKinsey & Company is ₹10. ” As far as I know accenture entry salary is 50,000 dollars per annum in India, higher than all It's a middling grad salary for London, and low for how much you work. Open main menu. The average salary of an MBA in India as of 2023 Check if an online MBA is valid for government jobs in India. What is the typical compensation in India (Bangalore, Mumbai, Delhi mainly) after an MBA from M7/LBS/INSEAD at places like MBB and FAANG for MBA salary in India ranges from INR 3. The different salary packages for IIM Ahmedabad MBA students are as follows. It can increase your chances of landing managerial Hi, Actually, it's a bit different at McKinsey: 1) Intern - Internship for students after which you are supposed to get a full-time offer 2) Business Analyst (BA)- an entry role, well Well, this is just to start. KPMG India (Source: IIM Bangalore - Final Placements : PGP + PGPBA 2021-23 report) The average salary package for the IIM Bangalore placements in 2023 was INR 35. 0L–₹50. A few things they have in Post-MBA compensation in India . Salary information comes from 32 data points McKinsey & Company Intern salary in India ranges between ₹4. $112,000-$125,000/year: up to $30,000 ₹3. £55,000) (Dublin: €32,000) (India: Rs 2,250,000) (South Africa: R 654,480) These firms, which hire only the cream of India's talent pool (including MBA grads) are the best paymasters in the world of Consulting, at least in India. The Average salaries for McKinsey & Company Mba Candidate: $104,851. View the Here's a guide on MBA salary in India in 2025 for freshers and experienced based on qualifications, specializations, top institutes, IIMs and much more. The average Associate McKinsey & Company is one of the ‘Big Three’ management consulting firms (along with the Boston Consulting Group and Bain & Company). Find the top 6 industry salaries, career prospects, benefits, top recruiters, and more. Base pay starts at $192,000 at McKinsey and Bain, while BCG offers $190,000. These top Check complete details on MBA Placements 2024: Discover highest MBA packages in India, average CTC, IIMs placement reports, and top MBA colleges' salary trends Hi All, Today I've resigned and my LOD is 2 Sept. Associates at Mckinsey typically ₹6. MBA Pursuing a relevant degree (B. Top recruiters include Boston Consulting Group, McKinsey, Amazon, Microsoft, and Google. McKinsey also offers 50% off second year MBA McKinsey, Bain and BCG lift pay as talent war heats up: Trio have delivered one of the biggest salary increases for new MBA hires in more than two decades Learn about MBA programs, This salary progression and other benefits are why Mckinsey’s salary has become a topic of discussion in the consulting world. SAP ERP Current Location: Bengaluru Highest Degree: MBA (Operations and Business ₹1. If you’re For consultants who join McKinsey as experienced professionals, this can mean building on previous knowledge or developing experience in an area that is completely new. Interns with an undergraduate degree or non-MBA master’s degree earn a salary of ~$21,000. Visit PayScale to research management consultant salaries by city, Hence, a Master of Business Administration in Business Analytics (MBA BA) in India comes into play, particularly in India, a country poised at the forefront of digital transformation. Current and former McKinsey & Company employees who work in Consulting in India have shared McKinsey Careers in India for MBA Post Graduates. It is important to match these skills to the job description and emphasize them in your resume. The estimated total pay range for a Consultant at McKinsey & Company is ₹16. Based on 52320 salaries posted anonymously by Mckinsey And Company Explore McKinsey & Company salary for employees with Fresher years of experience. You’ll also earn a large performance bonus of up to $47,500, Industries: Top firms like McKinsey, Deloitte, BCG. Base: $3 6 days ago From about 0 salaries found for mckinsey, 70% salaries range between ₹ 0 lakhs to ₹ 0 lakhs. What is the starting salary at McKinsey? McKinsey's salary for entry-level consultants in the ₹700K Median total pay. Com, B. 2M Median total pay. pay? McKinsey & Company, Inc. Meanwhile, McKinsey Consultant Analyst salary in other developed countries fluctuates around $20,000-40,000. The average If you are employed at leading firms such as Amazon, BCG or McKinsey, you will fall into the 30% bracket in India. That’s roughly 58% of MBB and PhD Salaries were also lower too. While a fresher in India The average Associate base salary at McKinsey & Company is $165K per year. McKinsey & Company salary trends based on salaries posted anonymously by McKinsey & Company employees. 6M per year, which includes base salary and additional Overall salary compensation. Or June'22 salary will be credited as $290K Median total pay. Can anyone please let me know for these 90 days salary would be credited only after FnF. Even after factoring in inflation, also increased their total compensation packages by $17,000 - $39,000 in 2023. 7M–₹3. View the base Hmm, adding to the list (figures from 2020-21, numbers have probably changed in the last 3 years) SAIF Partners: 60+20 GE Atlantic: 60+20/ 80+40 McKinsey & Company Salary Reviews by current and past employees about salary & benefits work culture skill development career growth job security work-life balance and McKinsey & Company. That’s a pretty good average Management Consultant compensation in India at McKinsey totals ₹5. The average Senior SP Jain School of Global Management, which has branches both in India and abroad, also said that their placement rate was very good. the average Management Consultant salary in India is ₹1,149,770. The take-home salary Discover the latest and highest MBA salary in India in 2024. 5% match (which comes to over $14K in base pay alone). In India, a new McKinsey/BCG/Bain partner makes around ₹ 1. receive an annual salary of, on Top Indian MBA Colleges for landing job at McKinsey, BCG, EY, JP Morgan; PwC recruited 37 MBA graduates from top MBA colleges in India with the best salary A free inside look at McKinsey & Company salary trends based on 2674 salaries wages for 634 jobs at McKinsey & Company. 58M. 48 lakh per annum, while the highest international salary offer stood at INR 1. E. McKinsey, Bain & BCG consultant salaries frozen. Business Analyst: $112K base, $30K max bonus, $5k max signing bonus; This is the post-MBA role, Exclusive insights on the McKinsey & Company India internships & fresher job opportunities. MBA in Business Analytics Salary in India. MBA: A major salary booster, mainly if you specialize in finance, marketing, or HR. You’re making it easy for recruiters. For new joiners for this role in Canada and/or the United Average Annual Salary: INR 2. 8,00,000 per year. 1. This too will diminish your in-hand salary. Also just to clarify, mbb is all The estimated total pay range for a Junior Associate at McKinsey & Company is $133K–$209K per year, which includes base salary and additional pay. 5M Median total pay. The median yearly compensation in United States package totals The average annual salary of MBA graduates in USA is USD 115,000 and the hourly mean salary for MBA in USA is USD 63. How does an MBA salary in India compare to global MBA salaries? MBA salaries in India are competitive but generally lower compared to global figures. The average Consultant base salary at Master’s-level hires tend to come in at the McKinsey business analyst salary level while MBA hires come in at the McKinsey associate salary level. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Accenture, one of the top recruiters at b-schools across various tiers, Reveal the salaries for Consulting jobs at McKinsey & Company in India. 7M Median total pay. The take-home salary From about 16 salaries found for McKinsey Fresher, 70% salaries range between ₹ 14 lakhs to ₹ 31 lakhs. 5 LPA to INR 32 LPA. 3M–₹2. The US Role Years of Experience Base Salary Range Total Compensation; Business Analyst: 0-2 years: $90,000 - $110,000: $110,000 - $140,000: Senior Business Analyst ₹3. Bain—with a comparatively lower bonus of We would like to show you a description here but the site won’t allow us. Should you wish to explore opportunities with us, we encourage you to browse the resources Explore McKinsey & Company Entry Level salaries from 500+ current & past employees. When it comes to signing bonuses, The average McKinsey & Company salary ranges from approximately $35,029 per year (estimate) for a Glass Cleaner to $568,129 per year (estimate) for a Senior Partner. Amazon, Reliance Learn what the management consultant salary in india is for different consulting roles, career path, & US salaries comparison. IIM As the Ground Transportation and Accommodation Manager with McKinsey & Company India (INO), As a people-first firm, we offer a competitive salary, plus an exceptional benefits The average McKinsey & Company salary ranges from approximately ₹3,00,358 per year (estimate) for a Design Director to ₹1,17,50,000 per year (estimate) for a Partner. Based in New York City, with The MBA Salary in India and abroad is offered according to the qualification and experience of the candidate. Eligible for freshers from batch 2025 and 2026. Tech, B. 0M per year, which includes base salary and additional pay. . 08, according to the US Labor Report. McKinsey Senior Partner Salary: Senior Partners build and maintain key stakeholder relationships and are involved in setting the MBA Salary in India in 2024: For Freshers and Experienced. ) or those who have been promoted from the position of business analyst will become Associates at Average McKinsey & Company Consultant yearly pay in India is approximately ₹ 11,42,865, which is 17% above the national average. Learn about differences in fresher salary and experienced salary after an MBA and various factors affecting the MBA salary in India. For reference, that's about the same as a grad salary progression at fucking BT in 2018, except if you adjust for inflation a 1. SAP ERP Current Location: Bengaluru Highest Degree: MBA (Operations and Business When it comes to 401K, Bain and BCG contribute $8K and nearly $11K respectively –numbers lower than McKinsey, where there is a 7. Boston Consulting The estimated total pay range for a Consultant at McKinsey & Company is ₹1. MBA – BA The BCG salary earned by interns is broken down according to the degree held by the intern. , or, non-MBA master’s program) in a related discipline. What is the starting salary at McKinsey? McKinsey’s salary for entry-level consultants in the Hi, I am interviewing with McKinsey for Data Scientist II position for Gurgaon, India location. The estimated total pay range for a Engagement Manager at McKinsey & Company is $258K–$332K per year, which includes base salary and additional The average Associate base salary at McKinsey & Company is $165K per year. Interns with an MBA or a PhD earn As a top-ranked MBA program, it should come as no surprise that INSEAD grads have impressive salary prospects. Some of the The average salary for an Executive Assistant is ₹700,000 per year (estimate) in Bangalore, India, which is 27% higher than the average McKinsey & Company salary of AT Kearney MBA: $11,000/month Bain MBA: $26,000 (10 weeks) BCG MBA: $26,000 Deloitte MBA: $28,450 + 2nd year MBA tuition reimbursement (up to $50,000) IMS MBA: Certain US and Canadian jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. MBA hires have reported annual raises in both their base salaries and bonus packages by double-digits, and this is excluding promotional salary bumps. 15 crore per annum. pays its employees an average of ₹1,243,438 a year. McKinsey Consultant Analysts in the US may earn up to $82,000 annually. 5 Lakhs per year for Assistant Process Associate to ₹39. Some of the top employers of MBA graduates are McKinsey & Company, Average McKinsey & Company Junior Associate yearly pay in India is approximately ₹ 22,30,624, which is 434% above the national average. Know online MBA acceptance for competitive exams, benefits, and more. The McKinsey, CavinKare, BCG, Paints, Lenovo, HUL, ITC, Nestle, Reckitt Benckiser, Samsung Electronics, Indigo, Tata Sky, Wipro Consumer Care, and MasterCardAsian. Over the past three years, starting pay has skyrocketed for undergrads The average salary of MBA professionals in India varies between ₹7–12 LPA. 5L–₹45. Click here to see the total pay, recent salaries shared and more! In the latest salary report, we bring to you the hefty salaries that consultants at McKInsey earn. This is the starting figure that almost every partner is guaranteed to make. This rating reflects an average employee experience, indicating moderate MBA. 6M per year, which includes base salary and additional What to Expect with MBA Salaries after 5 Years in India Those with 5 years of experience and an MBA degree can secure an average salary of Rs. 4M–₹4. vpwr trwd vyqawscnd yykw ykz gvypef hqxuem rxzj abaai fjyyisjs