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Strategy Manager Salary in India, Eligibility, Courses, Types, Jobs and Salary

Strategy Managers are professionals who strategizes plans for a company in terms of long-term and short-term targets. A Strategy Manager is in charge of keeping track and building strategies that comply with the mandates of the company for the profit of the organization and they are the main player in the world of business. .

In order to become a Strategy Manager there are several online and offline courses available which cost around INR 60,000 to 1,25,000. Candidates can pursue Business courses and earn an average salary of INR 13 - 15 LPA. The salary increases with experience, designation, and qualifications.

Strategy Manager Salary

  • As per the salary estimates, the research suggests that the annual Strategy Manager's salary in India varies from INR 5.5 Lakhs to INR 41.6 Lakhs, however, in most cases average salary is around INR 18.0 Lakhs. 
  • The monthly average base strategy manager's salary in India is INR 62,786. Conversely, the cities in India that provide the highest salary to Strategy Managers are Gurgaon, Delhi, Mumbai with INR 88,107, INR 80,167 and INR 74,918, respectively. 
  • On the other hand, the lowest-paying cities to Strategy Managers are Hyderabad, Telangana, and Bengaluru, Karnataka at INR 57,760 and INR 46,702, respectively.
  • When it comes to experience, any candidate who aspires to become a strategy manager would like to kickstart their career by working for a startup. It is in fact, only after gaining experience of 2-3 years that you can become a strategy manager in India. 
Management courses MBA

Strategic Project Manager Salary

  • The responsibilities that come with being a Strategic Project Manager are creating a layout of feasible goals and business operations and making sure that targets are achieved within the decided timeframe. Workflow assessment, project portfolios assessment are other key duties of a Strategic Project Manager. 
  • They also ensure a satisfactory customer base and always stay ahead of their competitors in the market. According to research, it is believed that the Strategic Project Manager profile is going to see an upsurge in demand of 6% by 2028. 
Job Profile Average Salary (INR)
Strategic Project Manager 1,29,623 per month
Senior Strategy Manager  27,65,806 per annum
Strategy Consultant 15,82,258 per annum

Senior Strategy Manager Salary

  • The Senior Strategy Manager supports and forms the business' drawn-out essential plans, and proposals comparable to issues, for example, arising industry patterns, competitive elements, extension opportunities, and business performance upgrades.
  • Senior Strategy Managers in the Big 4 firms procure a high amount of salary. 
Experience (years wise) Average Salary (INR)
1-4 8,11,408
5-9  15,85,507 
10-19  28.31,220 
20+ 34,64,626

Strategy Consultant Salary

  • Strategy Consultants exhort associations on significant level choices in a fair-minded manner, utilizing profound industry information to convey the best outcomes. 
  • It is a kind of Management Consulting, which for the most part suggests educating at the most significant level concerning an organization. Strategy Consultants' salaries in India also vary depending on the college you are from. 
Basic Salary of Strategy Consultant INR 1,60,000 - 2,00,000 LPA
Bonus of Strategy Consultant INR 1, 59,000 - 4,92,000 LPA
Profit-Sharing of Strategy Consultant INR 1,44,000 - 2,00,000 LPA
Overall Pay of Strategy Consultant INR 7,00,000 - 30,00,000 LPA

Strategy Manager Salary: Experience Wise Salary

Check out the salary of strategy managers based on their experience, in the table below.

Years of Experience Average Annual Salary (INR)
0 - 2 years 8-13.0 LPA
2 - 5 years 15-18.0 LPA
5 - 10 years 23.08 LPA
10 - 15 years 25.0 LPA
15 years and above 35-41.0 LPA

Strategy Manager Salary: Company Wise Salary

Check out the salary of strategy managers based on the company they work on, in the table below.

Companies Average Salary (INR)
Accenture 36,02,201
Microsoft 28,00,000
Google 15,55,476
IBM 16,00,000
Uber 21,68,555

Strategy Manager: Skills Required

Check out the skills required to become a strategy manager in the table below.

Project management skills Multitasking Expertise (financial structures)
Mathematical skills Swift decision-making Good interpersonal skills
Statistical skills Organizational skills Analytical experience

Strategy Manager: Jobs

There are numerous job prospects for a strategy manager. Check the top job profiles for strategy managers with their job description and average salary in the table below.

Job Profile Description Average Salary (INR)
Financial Analyst Conducting quantitative analysis of data hampering investments. 5,11,000 LPA
Business Analyst Business Analysts work with associations to assist them with working on their cycles and frameworks. They lead examination and investigation to concoct answers for business issues and help to acquaint these frameworks with organizations and their customers. 7,42,500 LPA
Project Analyst Answerable for the administration and improvement of new ventures once information assortment, examination and investigation are executed.  6,39,773 LPA
Research Investigator  Answerable for acquiring data for different purposes through research and inside and out examination, guaranteeing the validness and precision of information to address cases. 10,18,325 LPA
Process Coordinator Works for a manufacturing company to enhance its operating and manufacturing process. 5,39,250 LPA

Strategy Manager: Top Recruiters

The top recruiters for strategy managers in India, have been given below.

Amazon JP Morgan  Accenture 
Deloitte Reliance Industries Xerox
Cognizant Novell Cognizant Capgemini IBM India ICICI Lombard

How to Get Hired as a Strategy Manager in 2023

  • Pursue your undergraduate degree in a relevant field (accounting, finance, risk management etc.)
  • Enhancing your communication skills is a must (you can take online courses for the same)
  • Explore the opportunities and gain hands-on experience for 2-3 years to be promoted as a strategy manager.
  • Pursue your post-graduation (MBA).
  • You can also take up certificate/ diploma courses/ online courses.

Strategy Manager Salary: FAQs

Ques. What are the day-to-day activities of a strategy manager at Accenture?

Ans. Apply profound business procedure advancement, architecting esteem and working model design abilities to impact customer plans through knowledge. Band together with our customers to settle on striking choices on need C-Suite issues at the crossing point of innovation and activities. 

Ques. What salary do they give for MBAs in Strategy management?

Ans. If you have 10 to 19 years of involvement, your normal MBA Salary is INR 1,400,000. In case you have 20 years of involvement or more, your normal MBA pay in India yields to the senior degree of the executives like chief, ranking executive, Vice President, and the salary offered is near INR 2,550,000.

Ques. What is the average salary of a change management consultant in India?

Ans. The loftiest salary for a Change Management Consultant in India is INR 20,22,018 per annum. The lowest base salary for a Change Management Consultant in India is INR 3,35,785 per annum.

Ques. How useful is the Google Strategic Project Manager certificate? 

Ans. This certificate is incredibly useful as it gives an insight regarding the basics of project management strategies and this course has been introduced by Google to train more people so there might be high chances of getting into Google as well after the completion of the course. 

Ques. What is the lowest and highest Strategic Project Manager Salary in India?

Ans. The highest base payroll for a Strategic Project Manager in India is INR 1,31,334 LPA. The lowest salary for a Strategic Project Manager in India is INR 1,03,673 LPA.

Ques. What is the lowest and highest Senior Strategy Manager Salary in India?

Ans. The highest pay for a Senior Strategy Manager in India is INR 56,82,046 per annum. The lowest pay for a Senior Strategy Manager in India is INR 13,43,018 per annum.

Ques. What is the lowest and highest Strategy Consultant Salary in India?

Ans. The highest salary for a Strategy Consultant in India is INR 34,83,012 per annum. The lowest salary for a Strategy Consultant in India is INR 8,14,734 per annum.

Ques. Why are salary consultant salaries so low?

Ans. The primary concern: First-year specialists can unquestionably bring in a colossal measure of cash with just a Bachelor's certificate close by. In any case, the stunning totals that large firms promote aren't actually what they appear. 

On an hourly premise, consultant pay rates aren't too not quite the same as those of other working-class occupations - they're simply changed in accordance with the enormous number of hours these representatives will place in.

Ques. What is the role and salary of a strategy consultant?

Ans. Strategy consultants support their clients by walking into complex situations and producing cogent, logical plans of action that assist companies to meet their defined ends.

Ques. What is the average salary of a change management consultant at Accenture India?

Ans. The medium salary for a Change Management Consultant is INR 6,68,488 per annum in India, which is 57% lower than the common Accenture salary of INR 15,64,775 per annum for this job.

Ques. What is the salary of a fresher as a Strategy Consultant at Accenture?

Ans. The standard Accenture Strategy Consultant payroll is INR 29,76,401 LPA. Strategy Consultant wages at Accenture can differ from INR 22,11,908 - INR 46,29,971 per annum.

Master of Business Administration [MBA] (Strategic Management) : 25 answered questions

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Ques. How good is it to do PGDPM from NITIE for a fresher?

● Top Answer By Aditi Roy on 24 Mar 23

Ans. The course offered by the National Institute of Industrial Engineering (NITIE) is designed to cater to the needs of both freshers and experienced professionals. The course curriculum is carefully crafted to provide a comprehensive understanding of the industrial engineering domain to students from diverse backgrounds. Whether you are a fresher who has just completed your undergraduate degree or an experienced professional looking to enhance your skills, NITIE's course can offer you valuable learning opportunities. The institution's faculty members are experts in their respective fields, and they bring a wealth of industry experience and academic knowledge to the classroom. As a fresher who is currently pursuing the course at NITIE, I can attest to the fact that the course offers excellent exposure and learning opportunities. The coursework is challenging yet rewarding, and the hands-on training and practical sessions have helped me gain a deeper understanding of industrial engineering concepts. One of the key advantages of the course is its emphasis on practical learning. The institution offers several industry-focused programs and projects, which help students apply the theoretical concepts they learn in the classroom to real-world scenarios. This practical approach helps students develop their problem-solving skills and prepares them for the challenges they may face in their future careers. In addition, NITIE has a vibrant student community, with several clubs and societies catering to a range of interests. The institution also hosts several cultural and technical events throughout the year, providing students with ample opportunities to showcase their skills and talents. Overall, NITIE's course in industrial engineering is a well-rounded and comprehensive program that can offer valuable learning opportunities to both freshers and experienced professionals. The institution's focus on practical learning, industry exposure, and student life makes it an attractive choice for those looking to pursue a career in the industrial engineering domain.Read more
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Ques. Is it worth going for an MBA in operations management from K J Somaiya, I have a work ex of 39 months in operations in a consumer electronics company?

● Top Answer By Swapnil Choudhury on 23 Sept 22

Ans. KJ Somaiys MBA in Operations Management isn’t worth pursuing if you have more than 39 months of experience. The career opportunities offered won’t do justice to your experience. It’s better if you look for better B-Schools. NITIE Mumbai can be a good option for you. You will be able to job opportunities according to your experience. NITIE Mumbai placements are great. According to the recent placement drive, the average CTC offered was INR 35.84 LPA.Read more
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Ques. Which one should I choose: MBA at IIT Kharagpur (operations) or IMT Ghaziabad (finance)?

● Top Answer By Akriti Banerjee on 06 Oct 23

Ans. IIT Kharagpur for operations would be better than IMT Ghaziabad (finance). As IMT Ghaziabad is more famous for its marketing course than finance. IIT Kharagpur is known for its operations management program and has a strong reputation as an institution of the Indian Institutes of Technology (IITs). A few key aspects of IIT Kharagpur are as follows: In 2023 IIT Kharagpur secured 14th rank among all top management schools in India. This does reflect its academic excellence, infrastructural abilities, faculty strength, and placement records.  The faculties are adequately skilled and helpful while imparting quality education. The hostel's amenities include triple and double sharing, as well as all the essentials. The food is of high quality, and you will have four meals. The admissions procedure includes signing up for the hostel. Accommodation in a hostel is required for all students. IIT Kharagpur placements 2023 have been concluded. IT Kgp highest package stood at INR 43.37 LPA whereas VGSOM IIT Kharagpur's average package stood at INR 22.13 LPA. So based on these aspects IIT Kharagpur is a better option for pursuing an MBA in operation management.Read more
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Ques. In NITIE which program among PGDIE, PGDMM and PGDPM is best suitable for computer and IT related person?

● Top Answer By Sangita Roy on 26 Aug 21

Ans. Among the mentioned programs PGDMM and PGDPM are comparatively newer and provide some really good courses for students with computer and IT backgrounds. If you want to take the GATE exam and get into NITIE through PGDIE then in the 2nd year of your course you will get a wide range of electives available. Here are some of the electives.  Advanced IT for Industrial and Manufacturing Engineering Business Process Integration and Management Computer Integrated Manufacturing Data Analysis and Decision Making Data Analytics Data Communications and Networking Data Mining for Business Intelligence Decision Support Systems and Expert Systems E commerce E customer Relationship Management ERP, etc.  Most of the courses here are Computer sector-related and related to the programming and software side whereas some of them are related to the IT sector and mainly deal with the hardware side.  But make a note that IE is not an M.Tech course. It is a management course. So, you will get placed in management roles post your degree. Read more
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Ques. Is it worthy to take admission for PGDPM at NITIE, Mumbai? What are the placement opportunities for it?

● Top Answer By Juhi Gill on 18 Aug 21

Ans. PGDPM program is for those students who want to make their career either in the business or technical field or in a new field of expertise and move into project management. This course is suitable for both students with or without work experience.  This course provides the necessary skills that blend with other management skills.  Its focus is to provide professional techniques to the students for executing projects and programs.  This course also provides the students with methodologies and systematic approaches, required for solving industry-related problems.  The placement opportunities available for this course are excellent as a lot of companies visit the campus for interviews.  Categories PGDPM at NITIE Mumbai Course Fee 12.53 lakhs Highest CTC 29 LPA Average CTC 16 LPA Recruiting Companies Deloitte, ICICI Bank, Aditya Birla, P&G, etc. The PGDPM graduates get many career opportunities from industries like Manufacturing, Oil & Gas, Construction, Utilities, Finance & Insurance, Information Services, and Business Services. Hence, PGDPM is a very good course to pursue, and the placement opportunities available in this field are really good. Read more
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Ques. What's better, project management at NITIE or VJTI?

● Top Answer By Ved Mehta on 16 Aug 21

Ans. Having to know some people from both these institutions, I can say that both of these colleges are specialized in two different fields. Let me share some facts about both these colleges I gathered by interacting with them. VJTI is one of the prominent engineering colleges and NITIE is prominent among the top B-schools of India.  NITIE is recognized for its extensive alumni and professional professors who are experts in their fields.  Project Management at NITIE, in terms of studies, is the best among the B-schools in the country. From Project Management at VJTI, 18% of the students are placed in prominent companies. NITIE is known for its high management extension. The placement and faculty of VJTI are not up to the mark when compared to NITIE. Categories Project Management at NITIE Project Management at VJTI Course Fee 12.53 lakh 1.65 lakh Highest CTC 22 LPA - Average CTC 14 LPA 5.5-6 LPA Recruiting Companies Deloitte, Dabur, KPMG, Marico, etc. Bank of America, Barclays, Capgemini, Crisil, etc. Hence, there is no comparison between VJTI and NITIE. But one of my friends has recommended NITIE as in many aspects it manages to be better than VJTI. Read more
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Ques. What is advisable, to join the PGDMM/PGDPM at NITIE or get a job?

● Top Answer By Krishna Mehar on 20 Aug 21

Ans. It's a subjective question and mostly depends on your profile. PGDMM would be advantageous, if you are a fresher, especially with a mechanical or manufacturing background. It is better in terms of securing a good profile, a good package (Avg. 12 LPA), and robust manufacturing domain command. A few years of work experience would be preferable for the PGDPM course, but it is not required. It's a safe option to play for both freshmen and those with a little experience because it improves your profile, package, and adds the rich experience of a top MBA school - NITIE.Read more
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Ques. Is studying operations management at SIOM worth it? Is it somewhere at par with NITIE?

● Top Answer By Vikas Shetty on 20 Aug 21

Ans. NITIE is famous for its excellence in the field of Operations Management. But SIOM would be a good option to pursue this course. The college has earned awards and recognition with a USP syllabus.  The faculty members have a broad mind in terms of studies and cooperation. They help the students in their fields of interest.  SIOM has a strong alumni network. They have ties with the industries around Nashik which helps the students to have good industrial visits. The placement opportunities are good and are getting better every year. There are big brands and companies that visit the campus. Categories SIOM Course Fee 12.20 lakhs Placement Percentage 90% Highest CTC 35 LPA Average CTC 12-15 LPA Recruiting Companies Nestle, KPMG, Bosch, Deloitte, etc. Therefore, SIOM is a better option to study Operations Management than NITIE. SIOM provides you ample opportunities and will also help you in your career.Read more
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Ques. Which programme is better in terms of placement amongst PGDPM and PGDMM at NITIE, Mumbai?

● Top Answer By Nitin Kumar on 16 Aug 21

Ans. These courses were first inaugurated in the year 2014, and ever since then, students undeniably acquired satisfactory placement offers.  The seats in NITIE Mumbai depend upon which category you belong to. The current seat availability is about 304, considering each course. This is one reason why both the courses are equally good to pursue.  Both PGDPM and PGDMM offer better results in terms of placements. Talking about the scope, it is almost the same for both the courses. The opportunity either course will bring is similar and has less to no difference at all.  Both the subjects will allow students to sit for summer internships, as will be brought in by different firms.  Also it will permit all of them to sit for the final placements likewise. The average salary offered for PGDPM is 12-15 LPA while for PGDMM, it is 11-12 LPA The only separate piece of information this has is that in PGDPM, students are preferred by recruiters if they come with a minimum work experience of about 2 to 3 years. Read more
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Ques. Is Vels University Chennai good for studying logistics and supply chain management?

● Top Answer By Rahul Singhal on 14 Sept 21

Ans. Vels University aspires to be the epitome of excellence in higher education by effectively providing high-quality education and rigorous training to its students, with ample opportunities for all-round personality development and the promotion of positive change and social justice for the betterment of society. It has a good placement record. According to the recent placement highlights the average and highest CTC offered at the institute is 5.50 LPA and 8 LPA.  Vels University is a great place to learn about logistics and supply chain management.Read more
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