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McKinsey & Company Senior Analyst salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹20.7 Lakhs - ₹37 Lakhs
Salary of majority employees info icon
Avg. annual salary
unlock blur

Monthly In-hand Salary

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Senior Analyst Salary at McKinsey & Company ranges between ₹20.7 Lakhs to ₹37 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 203 latest salaries received... Read more

226% more than the average Senior Analyst Salary in Management Consulting Companies for 1 - 8 years of experience

Interested in this particular role?

Last Updated: 18 Jul 2025

Companies similar to McKinsey & Company for Senior Analyst

Company name Avg Annual Salary Open Jobs
Logo
Deloitte Senior Analyst Salary

0 - 10 years exp. (6.9k salaries)

unlock blur

₹6.2 L/yr - ₹15.7 L/yr

arrow icon 58% less
10 job openings
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Ernst & Young Senior Analyst Salary

0 - 8 years exp. (3.1k salaries)

unlock blur

₹5.5 L/yr - ₹14 L/yr

arrow icon 65% less
1 job opening
Login to view exact salary info icon
Logo
PwC Senior Analyst Salary

0 - 8 years exp. (1.3k salaries)

unlock blur

₹4.5 L/yr - ₹9.5 L/yr

arrow icon 73% less
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Mercer Senior Analyst Salary

1 - 7 years exp. (1.1k salaries)

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₹2.5 L/yr - ₹8.2 L/yr

arrow icon 82% less
2 job openings
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Willis Towers Watson Senior Analyst Salary

3 - 14 years exp. (418 salaries)

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₹11.7 L/yr - ₹20 L/yr

arrow icon 43% less
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Citco Senior Analyst Salary

2 - 9 years exp. (288 salaries)

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₹5 L/yr - ₹11.2 L/yr

arrow icon 71% less
3 job openings
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The Smart Cube Senior Analyst Salary

1 - 5 years exp. (287 salaries)

unlock blur

₹8 L/yr - ₹14.4 L/yr

arrow icon 62% less
Login to view exact salary info icon
Logo
Huron Senior Analyst Salary

2 - 6 years exp. (197 salaries)

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₹5.5 L/yr - ₹12.7 L/yr

arrow icon 67% less
1 job opening
Logo
BCG Senior Analyst Salary

3 - 13 years exp. (161 salaries)

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₹17.3 L/yr - ₹28 L/yr

arrow icon 22% less
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Bain & Company Senior Analyst Salary

1 - 5 years exp. (137 salaries)

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₹11.9 L/yr - ₹22 L/yr

arrow icon 42% less
4 job openings
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Zinnov Management Consulting Senior Analyst Salary

1 - 7 years exp. (31 salaries)

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₹5 L/yr - ₹8.6 L/yr

arrow icon 77% less
1 job opening
Login to view exact salary info icon
Logo
Protiviti Senior Analyst Salary

1 - 8 years exp. (27 salaries)

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₹5 L/yr - ₹12.2 L/yr

arrow icon 70% less
Logo
National Institute for Smart Government Senior Analyst Salary

6 - 10 years exp. (10 salaries)

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₹7.3 L/yr - ₹9.9 L/yr

arrow icon 69% less
1 job opening
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QDegrees Senior Analyst Salary

2 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 89% less
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Egon Zehnder International Senior Analyst Salary

4 - 6 years exp. (5 salaries)

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₹16.5 L/yr - ₹24.8 L/yr

arrow icon 32% less
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Protiviti India Member Senior Analyst Salary

4 - 8 years exp. (5 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 71% less
Logo
Frost & Sullivan Senior Analyst Salary

3 - 8 years exp. (5 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 59% less
Logo
Pathfinder Business Analysis Senior Analyst Salary

3 - 8 years exp. (4 salaries)

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₹2.1 L/yr - ₹4.6 L/yr

arrow icon 88% less
Logo
Gerson Lehrman Group Senior Analyst Salary

3 - 9 years exp. (4 salaries)

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₹7.3 L/yr - ₹9 L/yr

arrow icon 70% less
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VISTRA INTERNATIONAL EXPANSION Senior Analyst Salary

3 - 10 years exp. (4 salaries)

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₹4.4 L/yr - ₹10 L/yr

arrow icon 73% less
Logo
WSP Senior Analyst Salary

7 - 9 years exp. (3 salaries)

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₹12 L/yr - ₹18.5 L/yr

arrow icon 45% less
View all
McKinsey & Company Senior Analyst Salary and Career Growth

From

To

Senior Analyst

₹unlock blur Lakhs/yr

1 - 8 years exp.

Expert

₹unlock blur Lakhs/yr

6 - 15 years exp.

Senior Analyst 1 - 8 years exp.
unlock blur
Specialist 4 - 11 years exp.
unlock blur
arrow icon 37% hike
    Expert 6 - 15 years exp.
    unlock blur
    arrow icon 57% hike
    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.
    Career and salary growth
    cross

    From

    To

    Senior Analyst

    ₹ 27.5 Lakhs/yr

    1 - 8 years exp.

    Expert

    ₹ 59.2 Lakhs/yr

    6 - 15 years exp.

    There are 2 career paths to reach the Expert level at McKinsey & Company.
    Career Path 1 Career Path 2
    Senior Analyst 1 - 8 years exp.
    ₹ 27.5 L/yr
    Specialist 4 - 11 years exp.
    ₹ 37.8 L/yr
    arrow icon 37% hike
      Expert 6 - 15 years exp.
      ₹ 59.2 L/yr
      arrow icon 57% hike
      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.
      Did you find above career path helpful?

      Latest annual salaries shared by McKinsey & Company Senior Analyst

      1d ago
      ₹33 Lakhs
      4 years exp.
      1d ago
      ₹30 Lakhs
      5 years exp.
      2d ago
      ₹29 Lakhs
      5 years exp.
      3d ago
      ₹27 Lakhs
      4 years exp.
      1w ago
      ₹32 Lakhs
      7 years exp.
      2w ago
      avg blur mobile
      5 years exp.
      2w ago
      avg blur mobile
      5 years exp.
      2w ago
      avg blur mobile
      6 years exp.
      4w ago
      avg blur mobile
      3 years exp.
      1mo ago
      avg blur mobile
      4 years exp.

      McKinsey & Company Senior Analyst salaries by

      Years of experience Avg. annual salary
      1 year  (5 salaries)

      unlock blur

      ₹20.7 L/yr - ₹27 L/yr
      2 years  (13 salaries)

      unlock blur

      ₹20.7 L/yr - ₹32.2 L/yr
      Login to view exact salary info icon
      3 years  (39 salaries)

      unlock blur

      ₹20.7 L/yr - ₹32 L/yr
      4 years  (36 salaries)

      unlock blur

      ₹20.7 L/yr - ₹33 L/yr
      5 years  (46 salaries)

      unlock blur

      ₹20.9 L/yr - ₹33 L/yr
      6 years  (27 salaries)

      unlock blur

      ₹23 L/yr - ₹36.4 L/yr
      7 years  (22 salaries)

      unlock blur

      ₹22 L/yr - ₹35 L/yr
      8 years  (15 salaries)

      unlock blur

      ₹22.6 L/yr - ₹37 L/yr
      View all salaries by experience

      Similar Designation Salaries at McKinsey & Company

      Similar Designation Avg. annual salary
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      (33 salaries)
      unlock-blur

      ₹8.4 L/yr - ₹25 L/yr

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      (96 salaries)
      unlock-blur

      ₹8 L/yr - ₹33.0 L/yr

      Login to view exact salary info icon
      Analyst Salary
      (213 salaries)
      unlock-blur

      ₹9 L/yr - ₹27 L/yr

      Financial Analyst Salary
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      ₹4 L/yr - ₹16.0 L/yr

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      ₹22.5 L/yr - ₹80 L/yr

      Associate Analyst Salary
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      ₹9.5 L/yr - ₹28 L/yr

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      ₹17.8 L/yr - ₹25.8 L/yr

      Accountant Salary
      (3 salaries)
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      ₹6 L/yr - ₹12 L/yr

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

      Deputy Manager Salary
      (6 salaries)
      unlock-blur

      ₹25 L/yr - ₹61 L/yr

      View more similar designations

      Top trending discussions

      View All
      Salary Discussions, Hike & Promotions
      1w
      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?
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      Salary related reviews for McKinsey & Company

      4.1

      Rated by 19 employees for salary & benefits

      Senior Process Associate in Bangalore / Bengaluru

      Full Time

       · 

      Finance & Accounting Department

      5.0
        •  updated on 18 Feb 2022

      2.0
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      Process Associate in Chennai

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      4.0
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      For a fresher, it is advised not to start a career in Mckinsey because the salary would be way less than the market average. But for an experienced professional, the company will provide better package. Compare to other organization mckinsey will only be having 8 hrs of working( 7+1 ) Job safety and leave are one of the advantage Sodexo is an additional advantage

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      • Job security - Excellent
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      Career growth and opportunity would be slow. HR and management won't consider much about employee issues like long working hours ( work from home ), stressful work. Micro management can be expected from certain teams. For an experienced professional journey would be smooth compared to a fresher. Expense reimbursement of stakeholders roles doesn't have any career growth since the role is limited within McKinsey.

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      Analyst in Gurgaon / Gurugram

      NA Department

      5.0
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      5.0
       for  Salary and Benefits

      Likes

      ...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

      read more
      • Salary - Excellent
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      Up or out. You have to consistently perform, or you are looking at exit. Plus, you are not becoming an expert in any field, as in you may be consulting, but consulting and getting things done are two different things.

      read more

      Junior Associate in Mumbai

      Full Time

       · 

      Consulting Department

      1.0
        •  updated on 09 Jun 2024

      5.0
       for  Salary and Benefits

      Likes

      Good salary and benefits, specifically for the consulting path

      • Salary - Excellent

      Dislikes

      Up or out culture where progression depends on having “sponsors” within the Firm who are willing to staff you; in fact, there is no other way to get staffed on projects except finding these sponsors since there are so few projects (most are lost to BCG, some never come due to deteriorating quality)

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      • Job security - Bad
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      Manager in New Delhi

      Full Time

       · 

      Finance & Accounting Department

      2.0
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      5.0
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      Pay and benefits

      • Salary - Excellent

      Dislikes

      Disgusting work culture. Too much politics at mid to senior level. You need to gang up to survive in this company. There is a condescending attitude towards new hires. They firmly believe that they are doing a favour to you by hiring you. They even cut your designation when hiring to prove as if they are some sort of God. The environment is like the movie Hunger games. If you don’t have support of the big group or some senior partner, even the smallest mistake will be viewed very harshly and rudely. They will create a situation where you will be compelled to resign. Everyone is in survival mode to protect the “partner compensation” during this current global economic situation. They will not bat an eye to give a poor rating to highly capable and highly experienced people on some silly excuse. Then they will claim that the person didn’t meet the performance standards. The entire 360 degree review system here is a facade. It can be manipulated to save you hide or send you to the gallows.

      read more
      • Skill development - Bad
      • +5 more
      see more salary related reviews
      More about working at McKinsey & Company
      • HQ - New York
      • Management Consulting
      • 501-1k Employees (India)

      McKinsey & Company Senior Analyst Salary FAQs

      What is the salary of Senior Analyst at McKinsey & Company ?
      The average salary of a Senior Analyst at McKinsey & Company in India typically ranges from ₹20.7 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 1 year to 8 years).

      The top 10% of Senior Analyst at McKinsey & Company earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹35.7 Lakhs per year. Senior Analyst 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 Senior Analyst at McKinsey & Company in India?
      The estimated take-home salary of a Senior Analyst at McKinsey & Company in India typically ranges from ₹1,71,988 to ₹1,78,628 per month. This is based on the average salary range of ₹20.7 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 1 year to 8 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.
      What are the key skills required to be a Senior Analyst at McKinsey & Company ?
      To be a Senior Analyst at McKinsey & Company in india, the key skills required include:

      • - Taxation
      • - Statutory Reporting
      • - Auditing
      • - US Payroll

      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 Senior Analyst in companies similar to McKinsey & Company in India?
      The salary of a Senior Analyst at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

      BCG ₹17.3 Lakhs to ₹28.0 Lakhs per year
      Egon Zehnder International ₹16.5 Lakhs to ₹24.8 Lakhs per year
      Bain & Company ₹11.9 Lakhs to ₹22.0 Lakhs per year
      Willis Towers Watson ₹11.7 Lakhs to ₹20.0 Lakhs per year
      WSP ₹12.0 Lakhs to ₹18.5 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 Senior Analyst at McKinsey & Company in India?
      The salary growth for a Senior Analyst at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Senior Analyst can expect the following growth trajectory at McKinsey & Company:

      Experience Average Salary Range
      1 year ₹20.7 Lakhs to ₹27.0 Lakhs per year
      2 years ₹20.7 Lakhs to ₹32.2 Lakhs per year
      3 years ₹20.7 Lakhs to ₹32.0 Lakhs per year
      4 years ₹20.7 Lakhs to ₹33.0 Lakhs per year
      and so on.

      Tell us how to improve this page.

      McKinsey & Company Senior Analyst Salaries by Location

      • McKinsey & Company Senior Analyst salaries in Gurgaon / Gurugram
      • McKinsey & Company Senior Analyst salaries in New Delhi
      • McKinsey & Company Senior Analyst salaries in Chennai
      • McKinsey & Company Senior Analyst salaries in Bangalore / Bengaluru
      • Home >
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      • McKinsey & Company Salaries >
      • McKinsey & Company Senior Analyst Salaries

      McKinsey & Company Senior Analyst salary in India ranges between ₹20.7 Lakhs to ₹37 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 203 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

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      Senior Analyst Salary in India
      based on 1.6L salaries
      ₹3.1 L/yr - ₹17 L/yr
      226% more than the average Senior Analyst Salary in India
      View more details

      McKinsey & Company Senior Analyst Reviews and Ratings

      based on 19 reviews

      3.5/5

      Rating in categories

      3.5

      Skill development

      2.8

      Work-life balance

      4.1

      Salary

      3.0

      Job security

      3.0

      Company culture

      3.6

      Promotions

      3.0

      Work satisfaction

      Explore 19 Reviews and Ratings

      Gender Based Ratings at McKinsey & Company

      based on 19 Senior Analyst salaries
      2.3
      Rated by 6 Women

      for Salary and Benefits at McKinsey & Company

      women
      3.9
      Rated by 13 Men

      for Salary and Benefits at McKinsey & Company

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      Notice Period for Senior Analyst at McKinsey & Company

      based on 91 responses

      2 Months
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      16%
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