How many people worldwide do you estimate are applying to management consulting companies each year? I figure around 150-200K... realistic ?

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There’s at least 600k consultants in US and considering 20% turnover, would need 120K a year to just maintain. Assuming 20 candidates a job but also assuming you apply to 4 places on avg (not right math but good approx) that means at least 500k people apply in the US alone.

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Worldwide, each year? Depends on what is considered an application. Resume drop through LinkedIn, Indeed, etc? Ops and delivery jobs? Call centers, offshore? I'd venture to say far more.

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Deloitte is still harder to get into than Harvard

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Yeah let me clarify - serious candidates who are preparing for the interview, will apply directly to at least 1 management consulting firm

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B1- op said ‘management consultants”, not consultants. assuming only entry hire scenarios into mbb, plus small % from Big 4 and some boutiques, think an entry class would be <75k in the US. Extrapolate it to the world, it would maybe go 8x to 500k. Apply a success rate of 25%, total “interested applicants” globally would be 2m

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McK hires 1% of applicants. If McK hires ~3k people per year into consulting roles (just guessing), that would suggest McK alone is getting ~300k applicants per year.

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This is why market sizing interview questions are stupid.

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75k? Lol.

Try 10k in the USA. Maybe even less

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My first pass at this landed me at a 10% of salary after 9 months.

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What is the firm doing about retention/turnover? Any discussion about improving benefits? 401k match? Pto?

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Hi Fishes,

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