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McKinsey & Company Consultant salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹27.6 Lakhs - ₹50 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Consultant Salary at McKinsey & Company ranges between ₹27.6 Lakhs to ₹50 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 244 latest salaries received from... Read more

154% more than the average Consultant Salary in Management Consulting Companies for 1 - 10 years of experience

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Last Updated: 18 Jul 2025

Companies similar to McKinsey & Company for Consultant

Company name Avg Annual Salary Open Jobs
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Deloitte Consultant Salary

0 - 9 years exp. (40.7k salaries)

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₹10.4 L/yr - ₹21.6 L/yr

arrow icon 58% less
209 job openings
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Ernst & Young Consultant Salary

0 - 9 years exp. (13.3k salaries)

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₹10 L/yr - ₹18 L/yr

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0 - 9 years exp. (2.8k salaries)

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₹11.9 L/yr - ₹20 L/yr

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BCG Consultant Salary

0 - 10 years exp. (659 salaries)

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₹36.2 L/yr - ₹65 L/yr

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Protiviti Consultant Salary

0 - 6 years exp. (563 salaries)

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₹4.8 L/yr - ₹10.8 L/yr

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Bain & Company Consultant Salary

1 - 7 years exp. (277 salaries)

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₹45 L/yr - ₹72 L/yr

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1 - 7 years exp. (223 salaries)

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₹4.8 L/yr - ₹10.6 L/yr

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Mercer Consultant Salary

0 - 8 years exp. (95 salaries)

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₹16 L/yr - ₹28.1 L/yr

arrow icon 44% less
2 job openings
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₹9 L/yr - ₹16.2 L/yr

arrow icon 68% less
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Frost & Sullivan Consultant Salary

3 - 10 years exp. (52 salaries)

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₹11.7 L/yr - ₹19.7 L/yr

arrow icon 59% less
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₹9.6 L/yr - ₹17.3 L/yr

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5 job openings
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2 - 6 years exp. (19 salaries)

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₹8.1 L/yr - ₹12.4 L/yr

arrow icon 72% less
1 job opening
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2 - 6 years exp. (16 salaries)

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₹14.5 L/yr - ₹27 L/yr

arrow icon 47% less
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Willis Towers Watson Consultant Salary

2 - 9 years exp. (14 salaries)

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₹14 L/yr - ₹25 L/yr

arrow icon 49% less
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Huron Consultant Salary

0 - 10 years exp. (8 salaries)

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₹6.3 L/yr - ₹25.6 L/yr

arrow icon 56% less
3 job openings
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The Smart Cube Consultant Salary

2 - 6 years exp. (6 salaries)

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₹12.5 L/yr - ₹20 L/yr

arrow icon 55% less
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DNV Consultant Salary

5 - 10 years exp. (4 salaries)

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₹6 L/yr - ₹23 L/yr

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Arcadia Consulting Services Consultant Salary

4 - 10 years exp. (4 salaries)

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₹5.1 L/yr - ₹17 L/yr

arrow icon 69% less

Latest annual salaries shared by McKinsey & Company Consultant

4d ago
₹45 Lakhs
5 years exp.
1w ago
₹30 Lakhs
2 years exp.
1w ago
₹45 Lakhs
7 years exp.
1w ago
₹45 Lakhs
10 years exp.
2w ago
₹27 Lakhs
4 years exp.
3w ago
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McKinsey & Company Consultant salaries by

Years of experience Avg. annual salary
1 year  (47 salaries)

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₹27.6 L/yr - ₹48.6 L/yr
2 years  (42 salaries)

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₹27.6 L/yr - ₹46.5 L/yr
3 years  (45 salaries)

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₹27.6 L/yr - ₹44.3 L/yr
4 years  (23 salaries)

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₹27.6 L/yr - ₹48.4 L/yr
5 years  (27 salaries)

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₹27.6 L/yr - ₹50 L/yr
View all salaries by experience

Similar Designation Salaries at McKinsey & Company

Similar Designation Avg. annual salary
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₹15 L/yr - ₹54.9 L/yr

Team Lead Salary
(48 salaries)
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₹5.5 L/yr - ₹18.5 L/yr

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₹16.3 L/yr - ₹60 L/yr

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₹25 L/yr - ₹40 L/yr

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₹23.2 L/yr - ₹36.2 L/yr

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₹18 L/yr - ₹55 L/yr

Java Developer Salary
(AmbitionBox Estimate)
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₹32.4 L/yr - ₹41.4 L/yr

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₹22.5 L/yr - ₹80 L/yr

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₹22 L/yr - ₹28 L/yr

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₹2.6 L/yr - ₹3 L/yr

View more similar designations

Top trending discussions

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Salary Discussions
2w
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No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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McKinsey & Company Consultant Salary FAQs

What is the salary of Consultant at McKinsey & Company ?
The average salary of a Consultant at McKinsey & Company in India typically ranges from ₹27.6 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Consultant at McKinsey & Company earn more than ₹55.0 Lakhs per year, and the top 1% earn over ₹100.0 Lakhs per year. Consultant Salaries at McKinsey & Company 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 200+ McKinsey & Company employees in India.
What is the estimated take home salary of a Consultant at McKinsey & Company in India?
The estimated take-home salary of a Consultant at McKinsey & Company in India typically ranges from ₹2,21,030 to ₹2,29,887 per month. This is based on the average salary range of ₹27.6 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 200+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than McKinsey & Company for Consultant in India?
Bain & Company ₹45.0 Lakhs to ₹72.0 Lakhs per year
BCG ₹36.2 Lakhs to ₹65.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by McKinsey & Company, depending on the role and experience level.
What is the salary of a Consultant in companies similar to McKinsey & Company in India?
The salary of a Consultant at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mercer ₹16.0 Lakhs to ₹28.1 Lakhs per year
ICF International ₹14.5 Lakhs to ₹27.0 Lakhs per year
Willis Towers Watson ₹14.0 Lakhs to ₹25.0 Lakhs per year
The Smart Cube ₹12.5 Lakhs to ₹20.0 Lakhs per year
Huron ₹6.3 Lakhs to ₹25.6 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 Consultant at McKinsey & Company in India?
The salary growth for a Consultant at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Consultant can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
1 year ₹27.6 Lakhs to ₹48.6 Lakhs per year
2 years ₹27.6 Lakhs to ₹46.5 Lakhs per year
3 years ₹27.6 Lakhs to ₹44.3 Lakhs per year
4 years ₹27.6 Lakhs to ₹48.4 Lakhs per year
and so on.

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McKinsey & Company Consultant salary in India ranges between ₹27.6 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 244 McKinsey & Company latest salaries received from various employees of McKinsey & Company.