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Consulting facts & stats

4 sourced facts about management consulting, each with the context behind the number. 4 more are in today's round and appear here after it closes.

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The basics

About how many people work as management analysts (consultants) in the U.S.?

Answerabout 1.1 million

It's one of the larger professional occupations tracked by the government.

Source: U.S. Bureau of Labor Statistics (2025) bls.gov

Going deeper

Over the next decade, roughly how many additional management-analyst positions are projected to be added in the U.S.?

Answerabout 109,200

That's on top of the roughly 16,000 average yearly openings from turnover and retirements.

Source: U.S. Bureau of Labor Statistics (2025) bls.gov

Expert level

About how many Fortune 500 CEOs are former management consultants?

Answer47 (about 9.4%)

McKinsey alumni lead the pack with 17 of those 47 CEOs, followed by BCG, EY and Accenture.

Source: Fortune / Yahoo Finance analysis (2023) finance.yahoo.com

One industry estimate (FEACO) puts the size of the global management consulting market at around what figure?

Answernearly $280 billion

Estimates of the global consulting market vary hugely by source, from around $120 billion to $280 billion, depending on methodology.

Source: Consultancy.org (industry estimate roundup) (2022) consultancy.org

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