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Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience.Education
Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).
College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.
Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.Work Experience in a Related Occupation
Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.
Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.
Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.Important Qualities
Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.
Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.
Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.
Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.
Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.
Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.
Average Length of Employment
Top Careers Before Business Manager
Top Careers After Business Manager
Hispanic or Latino9.5%
Black or African American0.7%
Unfortunately we don’t have enough data for this section.
University of Phoenix26.8%
Michigan State University5.3%
Pennsylvania State University4.4%
Southern New Hampshire University4.3%
George Washington University4.2%
New York University4.0%
University of Texas at Austin3.8%
American InterContinental University3.8%
Northern Illinois University3.2%
University of Maryland - University College3.2%
Ohio State University3.1%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|Business Strategy Manager||Coursera Inc.||Mountain View, CA||May 16, 2016||$225,000|
|Finance Business Manager||Cisco Systems, Inc.||San Jose, CA||Jan 28, 2015||$207,709 -
|Executive Business Manager||Maxim Integrated Products, Inc.||San Jose, CA||Feb 10, 2015||$207,709|
|Business Execution Manager, New York||Australia and New Zealand Banking Group Limited||New York, NY||Jul 15, 2016||$200,000|
|Business Strategy Manager||Accenture LLP||New York, NY||Jun 05, 2015||$195,000|
|Business Strategy Manager||Accenture LLP||San Diego, CA||May 13, 2015||$195,000|
|Business Strategy Manager||Accenture LLP||New York, NY||May 13, 2015||$195,000|
|Business Strategy Manager||Accenture LLP||San Francisco, CA||Nov 23, 2016||$191,400|
|Country Business Manager Babynes US||Gerber Products Company||Florham Park, NJ||Oct 01, 2015||$190,000 -
|Business Industrialization Manager||Accenture LLP||Woburn, MA||Aug 16, 2016||$185,000|
|Business Industrialization Manager||Accenture LLP||Berwyn, PA||Aug 16, 2016||$185,000|
|Business Industrialization Manager||Accenture LLP||Boston, MA||Aug 16, 2016||$185,000|
|Business Manager, Technology Innovations||FQG Holding LLC||Great Neck, NY||Oct 01, 2015||$180,000|
|Business Strategy Manager||Hewlett-Packard Enterprise Company||Palo Alto, CA||Mar 03, 2016||$175,000 -
|Project and Business Readiness Manager||House of Thaller, Inc.||Knoxville, TN||Feb 18, 2016||$119,870|
|Business Manager||Capital One Advisors LLC||Seattle, WA||Mar 14, 2016||$119,600 -
|Business Optimization Manager||Baker Hughes, Inc.||Houston, TX||Sep 21, 2015||$119,309|
|PI-Enterprise Intelligence-Business Manager||Ernst & Young U.S. LLP||Boston, MA||Feb 12, 2015||$119,180 -
|Business Manager||U.S.A. Gateway Inc.||Plano, TX||Apr 13, 2016||$118,700 -
|Business Valuation Manager||Deloitte Transactions and Business Analytics LLP||Ridgefield, NJ||Mar 16, 2015||$118,000|
|Business Valuation Manager||Deloitte Transactions & Business Analytics, LLP||New York, NY||Oct 13, 2016||$117,437 -
|Hospitality Business Manager||Standard High Line Employer, LLC||New York, NY||Jul 20, 2016||$117,437|
|Business Manager||Trade Lines Inc.||South Plainfield, NJ||Dec 22, 2016||$98,634|
|Business Manager||Capital One, National Association||Plano, TX||Sep 12, 2015||$98,500 -
|Business Devel. Manager.-Latin America & European Dist.||GP Acoustics (Us), Inc.||Marlboro, NJ||Apr 17, 2016||$98,155|
|TAS Manager-Valuation & Business Modelling||Ernst & Young U.S. LLP||Houston, TX||Aug 04, 2015||$98,000 -
|Business Manager||LPB Ventures Inc.||Miami, FL||Apr 27, 2016||$98,000|
|Business Manager||Capital One, National Association||Plano, TX||Sep 07, 2016||$97,000 -
|Business Manager||Capital One, National Association||McLean, VA||Aug 23, 2016||$96,000 -
|Business Manager||Capital One Services, LLC||McLean, VA||Apr 25, 2016||$96,000 -
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