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MGB Salaries in India (Updated 2025)

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Salaries by designations

Based on 513 salaries · Updated: 14 Aug 2025
All Departments
Designation Avg Annual Salary Open Jobs
2 - 7 years exp. (56 salaries)
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₹5 L/yr - ₹12 L/yr

0 - 5 years exp. (49 salaries)
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₹2.4 L/yr - ₹7 L/yr

0 - 7 years exp. (7 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

0 - 3 years exp. (7 salaries)
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₹1 L/yr - ₹2.1 L/yr

5 - 9 years exp. (6 salaries)
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₹2 L/yr - ₹5.5 L/yr

1 - 13 years exp. (6 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

0 - 6 years exp. (6 salaries)
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₹3.4 L/yr - ₹13 L/yr

11 - 17 years exp. (5 salaries)
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₹35 L/yr - ₹47 L/yr

1 - 3 years exp. (5 salaries)
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₹3.9 L/yr - ₹7.7 L/yr

14 - 21 years exp. (5 salaries)
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₹18.6 L/yr - ₹33 L/yr

Fresher (5 salaries)
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₹7 L/yr - ₹9 L/yr

1 - 5 years exp. (5 salaries)
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₹3.5 L/yr - ₹7 L/yr

5 - 13 years exp. (4 salaries)
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₹3 L/yr - ₹5.2 L/yr

2 - 5 years exp. (4 salaries)
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₹3 L/yr - ₹4 L/yr

0 - 1 year exp. (4 salaries)
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₹1.2 L/yr - ₹2.5 L/yr

2 - 8 years exp. (4 salaries)
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₹1.5 L/yr - ₹4.2 L/yr

7 - 14 years exp. (4 salaries)
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₹14.5 L/yr - ₹22 L/yr

4 - 5 years exp. (4 salaries)
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₹3.3 L/yr - ₹3.6 L/yr

1 - 3 years exp. (4 salaries)
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₹7 L/yr - ₹12 L/yr

0 - 1 year exp. (4 salaries)
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₹2.8 L/yr - ₹5.1 L/yr

Latest salaries by MGB employees

4d ago

Assistant Manager

5 years exp.

₹17 Lakhs
5d ago

Data Analyst

5 months exp.

₹1.8 Lakh
1w ago

Principal

22 years exp.

₹25 Lakhs
1w ago

Analyst

7 months exp.

₹3 Lakhs
1w ago

Senior Associate

4 years exp.

₹12 Lakhs
1w ago

Statutory Audit Associate

1 year exp.

avg blur mobile
2w ago

Article Assistant

2 years exp.

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3w ago

HR Analyst

5 months exp.

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1mo ago

Associate

9 months exp.

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1mo ago

Trainee

5 months exp.

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Salary related reviews for MGB

2.8

Rated by 93 employees for salary & benefits

Finance & Accounting Department

4.0
  •  updated on 22 Aug 2023

5.0
 for  Salary and Benefits

Likes

No unnecessary late night sittings in all departments except statutory audit even after peak tax se...

read more

Dislikes

Poisonous politics in office, Terrible promotions, Employee's performance measured and deficiencies...

read more

Sales & Business Development Department

1.0
  •  updated on 31 May 2022

1.0
 for  Salary and Benefits

Likes

All the things like culture, environment, reporting person attitude, delay in salary, no limits of...

read more

Dislikes

Every thing.

Finance & Accounting Department

1.0
  •  updated on 28 Dec 2023

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

The work culture is bad, alot of favouritism happening, plus the rules are terrible. In Probation pe...

read more

Finance & Accounting Department

1.0
  •  updated on 19 Jun 2023

2.0
 for  Salary and Benefits

Likes

Nothing to like

Dislikes

MGB- Delhi branch is disaster in the name of corporate culture as well as in the name of CA communit...

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Other Department

3.0
  •  updated on 11 Feb 2023

3.0
 for  Salary and Benefits

Likes

The clients are big and one can join the audit department even without having prior audit experience...

read more

Dislikes

The clients are rude and overbearing.

see more salary related reviews

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MGB Salary FAQs

How much does MGB pay to its employees?
The average annual salary at MGB varies depending on the role, experience, and location. The salary ranges for some popular designations at MGB, are as follows:

Senior Associate ₹5 Lakhs to ₹12 Lakhs per year
Analyst ₹2.4 Lakhs to ₹7 Lakhs per year
HR Associate ₹3.6 Lakhs to ₹4.5 Lakhs per year
Article Assistant ₹1 Lakhs to ₹2.1 Lakhs per year

The highest-paying role, Director, earns between ₹35 Lakhs to ₹47 Lakhs per year. The top 10% of employees earn more than ₹14 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. Salaries at MGB 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 salary estimates are based on data from 513 salaries submitted by MGB employees. MGB is rated 2.8 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at MGB in India?
The salary of a fresher at MGB in India typically ranges from ₹3 Lakhs to ₹9 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Analyst Salary ₹3 Lakhs to ₹5.5 Lakhs per year
Fresher as a Investment Banking Associate Salary ₹7 Lakhs to ₹9 Lakhs per year
Fresher as a Article Assistant Salary ₹1 Lakhs to ₹2 Lakhs per year
Fresher as a Business Development Executive Salary ₹4.8 Lakhs to ₹6.1 Lakhs per year

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Average annual salary in MGB is INRunlock blur . Salary estimates are based on 500+ MGB latest salaries received from various employees of MGB.

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