Ernst & Young Principal Consultant Salaries by 100+ Employees (Updated 2025)

8 - 15 years exp.

₹18 Lakhs - ₹34 Lakhs

Salary of majority employees

At par with the average Principal Consultant Salary in Management Consulting Companies for 8 - 15 years of experience

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Salaries in different departments

Consulting Principal Consultant Salary 8 - 15 years exp. (29 salaries)	₹20.4 L/yr - ₹33.6 L/yr
Engineering - Software & QA Principal Consultant Salary 8 - 15 years exp. (24 salaries)	₹18.2 L/yr - ₹33 L/yr
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Data Science & Analytics Principal Consultant Salary 8 - 15 years exp. (16 salaries)	₹20 L/yr - ₹28.5 L/yr
BFSI, Investments & Trading Principal Consultant Salary 8 - 14 years exp. (10 salaries)	₹19.1 L/yr - ₹33.4 L/yr
Project & Program Management Principal Consultant Salary 8 - 14 years exp. (8 salaries)	₹20.5 L/yr - ₹34 L/yr

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Last Updated: 4 Mar 2025

Companies similar to Ernst & Young for Principal Consultant

Company name	Avg Annual Salary	Open Jobs
PwC Principal Consultant Salary 7 - 18 years exp. (608 salaries)	₹11.3 L/yr - ₹41.3 L/yr 1% less
Huron Principal Consultant Salary 5 - 17 years exp. (55 salaries)	₹14.5 L/yr - ₹35 L/yr 3% less
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Frost & Sullivan Principal Consultant Salary 7 - 16 years exp. (20 salaries)	₹19 L/yr - ₹38.7 L/yr 7% more
Deloitte Principal Consultant Salary 3 - 19 years exp. (13 salaries)	₹18.5 L/yr - ₹35 L/yr 7% less
Mott MacDonald Principal Consultant Salary 12 - 19 years exp. (13 salaries)	₹14.4 L/yr - ₹26 L/yr 29% less
KPMG India Principal Consultant Salary 6 - 16 years exp. (10 salaries)	₹11.3 L/yr - ₹33.3 L/yr 18% less
Entercoms Principal Consultant Salary 10 - 13 years exp. (4 salaries)	₹14.5 L/yr - ₹17.7 L/yr 47% less
WSP Principal Consultant Salary 4 - 15 years exp. (8 salaries)	₹18.5 L/yr - ₹33 L/yr 17% less	3 job openings
BCG Principal Consultant Salary 5 - 13 years exp. (12 salaries)	₹29 L/yr - ₹70.7 L/yr 151% more
Gartner Principal Consultant Salary 6 - 11 years exp. (5 salaries)	₹18 L/yr - ₹25 L/yr 20% less
Bain & Company Principal Consultant Salary 7 - 10 years exp. (4 salaries)	₹68 L/yr - ₹82 L/yr 169% more
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Mercer Principal Consultant Salary 10 - 16 years exp. (4 salaries)	₹20 L/yr - ₹76.6 L/yr 77% more
ZS Principal Consultant Salary 4 - 15 years exp. (4 salaries)	₹34 L/yr - ₹65 L/yr 84% more
Willis Towers Watson Principal Consultant Salary 14 - 16 years exp. (3 salaries)	₹35.5 L/yr - ₹46 L/yr 54% more
Protiviti Consulting Principal Consultant Salary 4 - 14 years exp. (3 salaries)	₹7.2 L/yr - ₹32 L/yr 24% less
Guidehouse Principal Consultant Salary 8 - 23 years exp. (3 salaries)	₹24 L/yr - ₹37 L/yr 3% more

Principal Consultant salary at Ernst & Young ranges between ₹18 Lakhs to ₹34 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 128 latest salaries received from various employees of Ernst & Young.

Experience wise Ernst & Young Principal Consultant salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
8 years (8 salaries)	₹20 L/yr - ₹27.5 L/yr
9 years (15 salaries)	₹19 L/yr - ₹32 L/yr
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10 years (21 salaries)	₹18 L/yr - ₹33.6 L/yr
11 years (21 salaries)	₹18 L/yr - ₹34 L/yr
12 years (19 salaries)	₹20 L/yr - ₹30 L/yr
13 years (20 salaries)	₹18.1 L/yr - ₹34 L/yr
14 years (16 salaries)	₹20.5 L/yr - ₹31.9 L/yr
15+ years (8 salaries)	₹22 L/yr - ₹32 L/yr

View all

From

Principal Consultant

₹

Lakhs/yr

8 - 15 years exp.

Partner

₹

Crore/yr

13 - 23 years exp.

Principal Consultant

8 - 15 years exp.

Manager

4 - 18 years exp.

7% hike

Senior Manager

7 - 21 years exp.

47% hike

From

View 3 more levels

Principal Consultant

8 - 15 years exp.

Associate Partner

12 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at Ernst & Young for Principal Consultant

Hyperion Essbase Hyperion Planning PBCS RFP RFI Sharepoint Maintenance Activities Proposal Management Fund Administration

Salary related reviews for Ernst & Young

4.0

Rated by 14 employees for salary & benefits

Senior Consultant in New Delhi

Full Time

Consulting Department

3.0

• posted on 19 Mar 2025

2.0

for Salary and Benefits

Likes

Job security - Good

Dislikes

I don't understand their FTE conecpt, most of the Employees in Govt Advisory are hired on FTE basis and even though most of them do BDEV along with project they are not part of company bonus. Any one who has been working on multiple things should be part of company bonus as per my view. To convert to on roll from FTE is still shady and many people don't know how to get it done

Salary - Poor

+2 more

Senior Consultant in Kolkata

Full Time

Consulting Department

1.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Just 10% annual salary hike

Dislikes

Everything is negative here, boot-licking culture. Client is always right even they say that a man have 5 legs, EY upper management will agree on that. No support for their employees.

Salary - Poor

+6 more

Associate Consultant in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Feb 2025

4.0

for Salary and Benefits

Likes

Good hikes and bonus with changes of working on upcoming and trending technologies, which again would depend on the kind of project you are alloted with. Flexible working is a plus.

Salary - Good

+1 more

Dislikes

Poor work-life balance, toxic managers, tight deadlines.

Work satisfaction - Poor

+2 more

Associate Consultant in Bangalore / Bengaluru

Full Time

IT & Information Security Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Their is nothing to like about they make you work for over 10-12 hrs a day without any recognition

Dislikes

The culture is very toxic with office politics always taking first place. Even if you outperform your peers you will not get appraisal or bonus because office politics may not allow it

Salary - Bad

+6 more

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 11 Dec 2024

4.0

for Salary and Benefits

Likes

The manager was very supportive and the work life balance was good.

Salary - Good

+4 more

Dislikes

...sary pressure to work from office and the unsupportive rude behaviour of the HR. There was nothing given above and beyond the salary not even box of sweets on small occasions. All the team outings and activities were self sponsored.

see more salary related reviews

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What people are saying about Ernst & Young

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survivor800

works at

Ernst & Young

Hi Folks Which one to choose Have 7+ years of exp in java and react Current location is gurgaon 1) SAP-29 LPA fix-BLR 2)Morgan stanely-33 lpa fix- mumbai 3)Oracle-35.1 LPA fix- bangalore 4)Optum-29.4lpa fix- gurgaon 5)PWC-30.5+ 2lakh JB- gurgaon

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Ernst & Young Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Ernst & Young ?

The average salary of a Principal Consultant at Ernst & Young in India typically ranges from ₹18.0 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Principal Consultant at Ernst & Young earn more than ₹30.9 Lakhs per year, and the top 1% earn over ₹34.0 Lakhs per year. Principal Consultant Salaries at Ernst & Young 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 100+ Ernst & Young employees in India.

What is the estimated take home salary of a Principal Consultant at Ernst & Young in India?

The estimated take-home salary of a Principal Consultant at Ernst & Young in India typically ranges from ₹1,72,039 to ₹1,78,681 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹34.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 100+ salaries received from various employees of Ernst & Young. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Consultant at Ernst & Young ?

To be a Principal Consultant at Ernst & Young in india, the key skills required include:

- Hyperion Essbase
- Hyperion Planning
- PBCS
- RFP
- RFI

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

Which companies offer higher salaries than Ernst & Young for Principal Consultant in India?

Bain & Company	₹68.0 Lakhs to ₹82.0 Lakhs per year
BCG	₹29.0 Lakhs to ₹70.7 Lakhs per year
ZS	₹34.0 Lakhs to ₹65.0 Lakhs per year
Mercer	₹20.0 Lakhs to ₹76.6 Lakhs per year
Willis Towers Watson	₹35.5 Lakhs to ₹46.0 Lakhs per year

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

What is the salary of a Principal Consultant in companies similar to Ernst & Young in India?

The salary of a Principal Consultant at companies similar to Ernst & Young in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Frost & Sullivan	₹19.0 Lakhs to ₹38.7 Lakhs per year
Guidehouse	₹24.0 Lakhs to ₹37.0 Lakhs per year
PwC	₹11.3 Lakhs to ₹41.3 Lakhs per year
Huron	₹14.5 Lakhs to ₹35.0 Lakhs per year
Deloitte	₹18.5 Lakhs to ₹35.0 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 Principal Consultant at Ernst & Young in India?

The salary growth for a Principal Consultant at Ernst & Young depends on factors such as experience, performance, and promotions. On average, a Principal Consultant can expect the following growth trajectory at Ernst & Young:

Experience	Average Salary Range
8 years	₹20.0 Lakhs to ₹27.5 Lakhs per year
9 years	₹19.0 Lakhs to ₹32.0 Lakhs per year
10 years	₹18.0 Lakhs to ₹33.6 Lakhs per year
11 years	₹18.0 Lakhs to ₹34.0 Lakhs per year

and so on.

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Ernst & Young Principal Consultant Salaries

Ernst & Young Principal Consultant salary in India ranges between ₹18 Lakhs to ₹34 Lakhs with an average annual salary of ₹. Salary estimates are based on 128 Ernst & Young latest salaries received from various employees of Ernst & Young.