Management Consultant

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Management Consultant Salary in India

based on 8.1k latest salaries

Average Annual Salary

27.3 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

1.5 Lakh - ₹ 1.6 Lakh

Management Consultant salary in India ranges between ₹ 6.8 Lakhs to ₹ 42.0 Lakhs with an average annual salary of ₹ 27.3 Lakhs. Salary estimates are based on 8.1k latest salaries received from Management Consultants.

Last Updated: 9 Oct, 2024

Salaries in different departments

Consulting
Management Consultant Salary
2 - 16 years exp. (1.9k salaries)
27.5 Lakhs

₹7 L/yr - ₹42 L/yr

Strategic & Top Management
Management Consultant Salary
2 - 16 years exp. (735 salaries)
28 Lakhs

₹7 L/yr - ₹42 L/yr

Data Science & Analytics
Management Consultant Salary
2 - 16 years exp. (506 salaries)
27.7 Lakhs

₹7 L/yr - ₹42 L/yr

Engineering - Software & QA
Management Consultant Salary
2 - 16 years exp. (273 salaries)
30.2 Lakhs

₹7 L/yr - ₹41 L/yr

Project & Program Management
Management Consultant Salary
2 - 16 years exp. (245 salaries)
27.9 Lakhs

₹8 L/yr - ₹41.6 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Management Consultant salary in India with less than 2 year of experience to 17 years ranges from ₹ 6.8 Lakhs to ₹ 42.0 Lakhs with an average annual salary of ₹ 27.3 Lakhs based on 8.1k latest salaries.

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8.4 Lakhs
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(2.5L salaries)
5.5 Lakhs
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Project Manager Salary
(1.5L salaries)
17.5 Lakhs
₹4.3 L/yr - ₹30 L/yr
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(2.4L salaries)
9.5 Lakhs
₹2.3 L/yr - ₹22.7 L/yr
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(2.2L salaries)
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(1.6L salaries)
4.6 Lakhs
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(2.3L salaries)
7.5 Lakhs
₹1.9 L/yr - ₹16.4 L/yr
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(57.5k salaries)
15.3 Lakhs
₹4.3 L/yr - ₹30 L/yr
12.5 Lakhs
₹7.2 L/yr - ₹14.9 L/yr

Top Skills for Management Consultants

based on 1,275 jobs

Skills

Jobs demanding the skill

1

Project Management

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2

Management Consulting

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3

Strategy consulting

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4

Consulting

View jobs

Popular Companies for Management Consultant in India

Company Name Avg Annual Salary
2 - 13 yrs exp. (2.9k salaries)

30.7 Lakhs

₹15.5 L/yr - ₹47 L/yr

0 - 9 yrs exp. (508 salaries)

24 Lakhs

₹10.5 L/yr - ₹40.5 L/yr

12 - 20 yrs exp. (414 salaries)

31.6 Lakhs

₹14 L/yr - ₹41.2 L/yr

1 - 8 yrs exp. (353 salaries)

23.4 Lakhs

₹10.2 L/yr - ₹40 L/yr

12 - 23 yrs exp. (240 salaries)

32.4 Lakhs

₹15 L/yr - ₹47 L/yr

2 - 8 yrs exp. (239 salaries)

20.2 Lakhs

₹10 L/yr - ₹32.7 L/yr

2 - 20 yrs exp. (204 salaries)

28.2 Lakhs

₹12 L/yr - ₹43.3 L/yr

0 - 10 yrs exp. (168 salaries)

18.5 Lakhs

₹7.5 L/yr - ₹32 L/yr

1 - 8 yrs exp. (144 salaries)

19.4 Lakhs

₹10.5 L/yr - ₹33 L/yr

3 - 16 yrs exp. (139 salaries)

25.6 Lakhs

₹11.1 L/yr - ₹37.4 L/yr

Salary related reviews by similar designations like Management Consultant

Deputy Manager

4.0
posted on 15 Jul 2024

4.0 for Salary and Benefits

Likes

Salary is a perk if you are in right process.

Dislikes

Office politics even if your team size is as tiny as 3 still you can face office politics, people on higher post doesn't have time to address problems of the associates. If you are in wipro then you are on your own..if you win, you win if you lose you lose nobody is there for backup. Huge gap between CTC and In hand.

read more

Senior Consultant

3.0
posted on 28 Sep 2024

3.0 for Salary and Benefits

Likes

Skills can be upgraded.

Dislikes

Deloitte is a ethics oriented company in organization point of view only. But not in respect of employee point, example they are holding PLR bonus of earlier rating year for 03 months, and also should not be in notice period during the waiting time after appraisal cycle closes even. One more point, same grade employees are in different with benefits providing. These both really shocking and dishonours the employee contributions.

read more

Associate

4.0
posted on 03 Oct 2024

3.0 for Salary and Benefits

Likes

Learning opportunities Helpful seniors A good introduction to corporate culture (services industry)

Dislikes

Not sufficiently compensated for the long hours Minimal benefits outside of salary Outdated hardware Bureaucracy

read more

Consultant

5.0
posted on 26 Aug 2024

3.0 for Salary and Benefits

Likes

Every day is different. There are literally so many projects that you will never feel bored and will always have opportunity to reskill/ upskill.

read more

Dislikes

The pay structure could be better. Also onsite opportunity for which consulting is known as , is not present.

read more

Associate Manager

4.0
posted on 07 Aug 2024

3.0 for Salary and Benefits

Likes

Good work culture. Constant Training and skill enhancement. Free skill certifications specially in Microsoft area. Cab facilities pick and drop. Many benifits women workers. Work from home facility.

read more

Dislikes

No job security specially when you are on bench. No on sites. Variable pay are very poor. No salary hike from last two years specially 2022 to 2023. Bad Accenture HR.

read more

Frequently Asked Questions about Management Consultant Salaries

What is the salary of a Management Consultant in India?
Average salary for a Management Consultant in India is 27.3 Lakhs per year (₹2.3L per month). Salary estimates are based on 8.1k latest salaries received from various Management Consultants across industries.
What are the top paying companies that employ Management Consultants?
What is the starting salary for a Management Consultant in India?
Average starting Salary for Management Consultant in India is around ₹6.8 Lakhs per year (₹56.7k per month). 2 years of minimum experience is required to be a Management Consultant.
What is the highest salary for a Management Consultant in India?
Highest salary that a Management Consultant can earn is ₹42.0 Lakhs per year (₹3.5L per month).
How does Management Consultant Salary in India change with experience?
An Entry Level Management Consultant with less than three years of experience earns an average salary of ₹17.4 Lakhs per year. A mid-career Management Consultant with 4-9 years of experience earns an average salary of ₹24.5 Lakhs per year, while an experienced Management Consultant with 10-20 years of experience earns an average salary of ₹29.1 Lakhs per year.
What are the top paying industries for Management Consultant in India?
What are the top paying cities for Management Consultant in India?
What are the popular/top skills required to become a Management Consultant?
These are the top skills of a Management Consultant based on 1.3k jobs posted by employers.
  • Project Management
  • Management Consulting
  • Strategy consulting
  • Consulting
  • SAP