Delhi-Based Management Consultant’s salary stirs social media buzz

A Delhi-based management consultant sparked widespread astonishment with revelations about his substantial earnings and professional background.

| Updated: 11 July, 2024 11:41 am IST

NEW DELHI: In a viral interview on Instagram, a Delhi-based management consultant sparked widespread astonishment with revelations about his substantial earnings and professional background.

 

The consultant, who chose to remain unidentified, was approached for an impromptu interview while strolling through New York City.

 

When asked about their occupation, the consultant disclosed being a management consultant, a role synonymous with providing expert advice to organizations to enhance their operational efficiency and performance. Highlighting the compensation norms in India, the consultant shared insights into the salary expectations within the industry.

 

“In India, salaries for management consultants are quite standardized. Across the top firms, someone at my level—akin to a senior manager—can expect to earn between ₹80,000 to ₹1.2 crore annually,” the consultant revealed during the interview.

 

The interviewer, visibly taken aback by the figures, described the salary as “a crazy amount of money as per Indian standards,” reflecting the disparity between average incomes and those in high-profile consulting roles.

 

Moreover, the consultant mentioned that performance bonuses could significantly augment these figures, underscoring the lucrative nature of the profession.

 

Educational qualifications were also a topic of interest during the interview. The consultant disclosed having completed an MBA from the prestigious Indian School of Business (ISB), highlighting the role of top-tier education in career advancement within the consulting sector.

 

The interview quickly gained traction on social media platforms, creating a range of reactions from viewers. Many expressed astonishment and admiration, with comments like “Wow, so inspiring” and “Living the dream life” flooding the comments section. The salary range cited by the consultant was deemed “insane” by several online users, sparking discussions on career aspirations and educational goals.

 

Recruitment practices within the consulting industry were also touched upon, with the consultant noting that hiring often occurs through campus placements, emphasizing the competitive nature of entry into top consulting firms.

The interview served as a catalyst for discussions on career trajectories and earnings potential, resonating deeply with audiences intrigued by the dynamics of high-profile professions in India.

 

As the story continues to circulate online, it underscores the allure and rewards associated with careers in management consulting, particularly within the context of global industry leaders often referred to as the “Big Three”: McKinsey & Company, Boston Consulting Group, and Bain & Company.

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