Management Consulting salary in India

Management consultants are top-level business advisors and their salary scale is almost always towards the higher end of the spectrum. The average annual salary of management consultants in India is ₹11,28,850. The compensation of a management consultant depends on the company with which they work, their location, educational qualifications, their skillset, and experience.

Entry-level management consultants having less than one year of work experience, can earn an average yearly compensation of ₹6,45,841. Consultants with 1 to 4 years of work experience can make around ₹8,72,252 per annum. Mid-level management consultants with five to nine years of experience can, on average earn an annual package of ₹13,06,183. Senior-level management consultants who have 10 to 15 years of experience make around 19.5 to 23,00,000 per annum. Certain specializations also pay more than others. Strategic and financial consulting are generally towards the higher end of the pay scale. The location of the consultant also determines the pay scale. In India, consultants in Delhi earn the highest followed by Mumbai and then Bengaluru.