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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.
|Job Title||Company||Location||Start Date||Salary|
|Laser Product Division Manager||Thorlabs, Inc.||Newton, NJ||Dec 15, 2014||$184,309|
|Division Manager, Chamber of Commerce||Mountainchild, Inc.||CA||Mar 16, 2012||$168,463|
|Division Manager||Hilti, Inc.||Plano, TX||Nov 29, 2016||$167,627|
|Manager Division Completions||EOG Resources, Inc.||San Antonio, TX||Jan 06, 2011||$167,000 -
|Division Manager, MO Central Division 55||Hilti Inc.||Flower Mound, TX||Sep 15, 2015||$161,332|
|Cruise Division Manager||MHG Services, Inc. D/B/A MHG Insurance Brokers||Fort Lauderdale, FL||May 11, 2015||$152,547|
|Manager, Banking Division||Simon Kucher and Partners LLC||New York, NY||Jul 12, 2016||$144,123|
|Processing Division Manager||True Nature Seafood LLC||Miami, FL||Sep 26, 2011||$144,000|
|Division Manager||Bobrick Washroom Equipment, Inc.||Durant, OK||Jun 21, 2015||$142,740|
|Division Manager||Bobrick Washroom Equipment, Inc.||Durant, OK||Jun 22, 2014||$142,740|
|Division Manager||Bobrick Washroom Equipment, Inc.||Durant, OK||Jun 22, 2016||$142,740|
|Tobacco Division Manager||Mother Murphy's Laboratories, Inc.||Greensboro, NC||Sep 14, 2012||$135,408|
|Tobacco Division Manager||Mother Murphy's Laboratories, Inc.||Greensboro, NC||Sep 16, 2012||$135,408|
|Manager, America's Division||Simon-Kucher & Partners Strategy & Marketing Consultants LLC||Mountain View, CA||May 04, 2015||$135,000|
|Manager Salmon Division||John Keeler & Co. Inc.||Doral, FL||Sep 13, 2016||$108,576|
|Quality Division Manager||Exterran Energy Solutions, L.P.||Houston, TX||Aug 28, 2015||$108,000|
|Division Manager for Laboratory Product Line||Nipro Medical Corporation||Miami, FL||Nov 16, 2014||$108,000|
|Division Manager/Underwater Construction||Vector Construction, Inc.||Palm Bay, FL||Mar 11, 2011||$105,400|
|Rooms Division Manager||Thompson Hotel Associates||New York, NY||Jul 20, 2015||$104,229|
|Marketing Intelligence Division Manager||Magnesita Refractories Company N.A.||York, PA||Oct 01, 2013||$100,990|
|Marketing and Sales Division Manager||Yamaha Motor Distribution Latin America, Inc.||Miami, FL||Sep 25, 2014||$100,000|
|Division Manager||The Northern Trust Company||Chicago, IL||Oct 01, 2011||$100,000 -
|Project/Division Manager Microtunneling||College Park Paving, Inc.||Beltsville, MD||Sep 16, 2016||$78,000|
|Mill Division Manager||Brighton Best International, Inc.||Grand Prairie, TX||Nov 01, 2014||$76,000|
|Mill Division Manager||Brighton Best International, Inc.||Grand Prairie, TX||Oct 01, 2015||$76,000|
|Alternative Energy Division Manager||Soluciones Electricas Integrales, LLC||Miami, FL||Dec 01, 2011||$75,000|
|Mill Division Manager||Brighton Best International, Inc.||Grand Prairie, TX||Nov 01, 2014||$73,000|
|Mill Division Manager||Brighton-Best International, Inc.||Strongsville, OH||Oct 01, 2012||$73,000|
|Division Manager||Bio-Medical Services, Inc.||National City, CA||Jan 08, 2016||$72,800|
|Division Manager||Bio-Medical Services, Inc.||CA||Jan 08, 2016||$72,800|
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