Prepare for Your Interview with Real Experiences!
View interviews
Annual salary range
1 - 5 years exp.
₹29
Lakhs - ₹51
Lakhs
Salary of majority employees
Avg. annual salary
Fixed
₹
Lakhs
Variable
₹
Lakhs
Monthly In-hand Salary
Junior Associate Salary at McKinsey & Company ranges between ₹29 Lakhs to ₹51 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 164 latest salaries received...
Read more
851% more than the average Junior Associate Salary in Management Consulting Companies for 1 - 5 years of experience
Interested in this particular role?
Companies similar to McKinsey & Company for Junior Associate
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Deloitte Junior Associate Salary
0 - 2 years exp. (48 salaries) |  ₹2 L/yr - ₹4.8 L/yr 
91%
less | 3 job openings |
 VISTRA INTERNATIONAL EXPANSION Junior Associate Salary
0 - 6 years exp. (23 salaries) | ₹1.9 L/yr - ₹3.5 L/yr
91%
less | |
Login to view exact salary
| ||
 PwC Junior Associate Salary
0 - 3 years exp. (18 salaries) | ₹5.3 L/yr - ₹11.2 L/yr
78%
less | |
 Bain & Company Junior Associate Salary
0 - 1 year exp. (11 salaries) | ₹3.5 L/yr - ₹7.4 L/yr
85%
less | |
 BCG Junior Associate Salary
0 - 2 years exp. (10 salaries) | ₹30 L/yr - ₹40 L/yr
7%
less | |
 Ernst & Young Junior Associate Salary
0 - 4 years exp. (3 salaries) | ₹3.2 L/yr - ₹10 L/yr
85%
less | |
Latest annual salaries shared by McKinsey & Company Junior Associate
6d ago
₹48
Lakhs
3
years
exp.
3w ago
₹45
Lakhs
2
years
exp.
4w ago
₹28
Lakhs
2
years
exp.
1mo ago
₹42
Lakhs
5
years
exp.
1mo ago
₹42
Lakhs
4
years
exp.
1mo ago
1
year
exp.
1mo ago
5
years
exp.
2mo ago
3
years
exp.
2mo ago
1
year
exp.
3mo ago
3
years
exp.
McKinsey & Company Junior Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 1 year (46 salaries) |
₹29
L/yr
- ₹42
L/yr
|
| 2 years (35 salaries) |
₹29
L/yr
- ₹47
L/yr
|
Login to view exact salary
| |
| 3 years (32 salaries) |
₹29.6
L/yr
- ₹48
L/yr
|
| 4 years (33 salaries) |
₹32
L/yr
- ₹51
L/yr
|
| 5 years (18 salaries) |
₹32
L/yr
- ₹51
L/yr
|
Similar Designation Salaries at McKinsey & Company
| Similar Designation | Avg. annual salary |
|---|---|
Senior Associate Salary
(59 salaries)
| ₹22.5 L/yr - ₹80 L/yr |
Process Associate Salary
(69 salaries)
| ₹2.5 L/yr - ₹4.9 L/yr |
Login to view exact salary
| |
Audit Assistant Salary
(AmbitionBox Estimate)
| ₹5.8 L/yr - ₹7.4 L/yr |
Senior Analyst Salary
(204 salaries)
| ₹14.6 L/yr - ₹37 L/yr |
Account Assistant Salary
(AmbitionBox Estimate)
| ₹5.9 L/yr - ₹7.6 L/yr |
View more similar designations
Top trending discussions
View All
Salary Discussions
2w
a full stack developer
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?
Got a question about McKinsey & Company?
Ask anonymously on communities.
Salary related reviews for McKinsey & Company
McKinsey & Company Junior Associate Salary FAQs
What is the salary of Junior Associate at McKinsey & Company ?
The average salary of a Junior Associate at McKinsey & Company in India typically ranges from ₹29.0 Lakhs to ₹51.0 Lakhs per year, depending on experience (from 1 year to 5 years).
The top 10% of Junior Associate at McKinsey & Company earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹54.4 Lakhs per year. Junior Associate 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 100+ McKinsey & Company employees in India.
The top 10% of Junior Associate at McKinsey & Company earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹54.4 Lakhs per year. Junior Associate 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 100+ McKinsey & Company employees in India.
What is the estimated take home salary of a Junior Associate at McKinsey & Company in India?
The estimated take-home salary of a Junior Associate at McKinsey & Company in India typically ranges from ₹2,24,491 to ₹2,33,504 per month. This is based on the average salary range of
₹29.0 Lakhs to ₹51.0 Lakhs
per year for employees with experience ranging from 1 year to 5 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 McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Junior Associate at McKinsey & Company ?
To be a Junior Associate at McKinsey & Company in india, the key skills required include:
These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.
- - Client Engagement
- - Analytical Chemistry
- - Training
- - Digital Marketing
- - Computer Networking
These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.
What is the salary of a Junior Associate in companies similar to McKinsey & Company in India?
The salary of a Junior Associate at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| BCG | ₹30.0 Lakhs to ₹40.0 Lakhs per year |
| PwC | ₹5.3 Lakhs to ₹11.2 Lakhs per year |
| Bain & Company | ₹3.5 Lakhs to ₹7.4 Lakhs per year |
| Ernst & Young | ₹3.2 Lakhs to ₹10.0 Lakhs per year |
| Deloitte | ₹2.0 Lakhs to ₹4.8 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 Junior Associate at McKinsey & Company in India?
The salary growth for a Junior Associate at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Junior Associate can expect the following growth trajectory at McKinsey & Company:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹29.0 Lakhs to ₹42.0 Lakhs per year |
| 2 years | ₹29.0 Lakhs to ₹47.0 Lakhs per year |
| 3 years | ₹29.6 Lakhs to ₹48.0 Lakhs per year |
| 4 years | ₹32.0 Lakhs to ₹51.0 Lakhs per year |
Top skills at McKinsey & Company for Junior Associate
Problem Solving
Leadership
Analytical
Tell us how to improve this page.
McKinsey & Company Junior Associate Salaries by Location
- McKinsey & Company Junior Associate salaries in Gurgaon / Gurugram
- McKinsey & Company Junior Associate salaries in Mumbai
- McKinsey & Company Junior Associate salaries in Bangalore / Bengaluru
- McKinsey & Company Junior Associate salaries in New Delhi
- McKinsey & Company Junior Associate salaries in Hyderabad / Secunderabad
- Show more
- Home >
- Salaries >
- McKinsey & Company Salaries >
- McKinsey & Company Junior Associate Salaries
McKinsey & Company Junior Associate salary
in
India
ranges between ₹29
Lakhs to ₹51
Lakhs with an average annual salary of
₹. Salary estimates are based on
164
McKinsey & Company latest salaries received from various employees of
McKinsey & Company.