Over 140,000 members have been initiated into Alpha Kappa Psi. Of this number about 4,000 are faculty members, approximately 6,000 are college students working for degrees in business administration, and the remainder are engaged in business throughout the United States and Canada, and in other parts of the world. 

Of Alpha Kappa Psi's alumni membership, over 17,750 are life members. Members are viewed as being very loyal, friendly, sympathetic, honest, dependable, and trustworthy. 

Among the benefits of being a member, each member has the opportunity to participate in a number of chapter activities and to be a part of an organization with a strong sense of pride, honor, history and tradition. Each member is encouraged to take an active role in the fraternity. There are tremendous opportunities for growth and leadership on the executive board, various committees.