Pay by Role
India · Salary comparison

Financial Advisor vs Management Consultant salary

In India, a management consultant earns about 13% more than a financial advisor $29,322 vs $25,971 per year.

Showing amounts in USD (USD default; source data is INR). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Finance & Business
Financial Advisor
$25,971/yr
Monthly
$2,165
Hourly
$12
Range
$14,284$40,254
10-yr outlook
+13%
Pays more
Finance & Business
Management Consultant
$29,322/yr
Monthly
$2,443
Hourly
$14
Range
$16,127$45,448
10-yr outlook
+10%

Pay range, side by side

PercentileFinancial AdvisorManagement Consultant
Entry (10th)$14,284$16,127
25th$20,127$22,724
Median$25,971$29,322
75th$33,112$37,385
Senior (90th)$40,254$45,448

National India figures in INR. Individual pay varies with experience, employer, and location.

More Finance & Business comparisons

Frequently asked questions

Does a financial advisor or management consultant earn more in India?
A management consultant earns more, at about ₹28,00,000 per year vs ₹24,80,000 for a financial advisor — roughly 13% (₹3,20,000) more.
What is the salary range for these roles in India?
A financial advisor typically earns ₹13,64,000–₹38,44,000, while a management consultant earns ₹15,40,000–₹43,40,000 per year.
How much do these jobs pay per month in India?
On a monthly basis before tax, a financial advisor averages about ₹2,06,700 and a management consultant about ₹2,33,300.
How do entry-level salaries compare?
At the 10th percentile in India, a financial advisor earns about ₹13,64,000 while a management consultant earns about ₹15,40,000 per year.
How do senior-level salaries compare?
At the 90th percentile in India, a financial advisor earns about ₹38,44,000 while a management consultant earns about ₹43,40,000 per year.
Are financial advisor and management consultant similar careers?
Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.