If you have a dream to hold a senior position within a successful corporation, a job that comes with authority over operational procedures and making business decisions, then taking the role of an executive vice president may help make your dream a reality. The executive vice president is one of the most prestigious and highest ranked positions in management. Here, you'll play a crucial role in leading the company's business development activities.

Becoming an executive vice president would bring you an incredible opportunity to design and implement your strategic vision and marketing plans for improving the organization. Dealing with business development and its profitability, you will typically work in an office setting during regular business hours. However, you may need to travel on weekends or holidays to attend client meetings or seminars.

If you aspire to pursue the decision-making role of executive vice president, you will likely need a bachelor's or master's degree, preferably in business management, business administration, or a relevant industry. Additional certificate, internship, or supervisory experience may help boost your chances for this role as well. Working as an executive vice president, you could earn a potential annual wage of $238,000, along with bonuses and commissions based on your company's profit. With advanced knowledge of business processes and experience, you may prosper in your career both personally and professionally.

What Does an Executive Vice President Do

There are certain skills that many executive vice presidents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, management skills and problem-solving skills.

Learn more about what an Executive Vice President does

How To Become an Executive Vice President

If you're interested in becoming an executive vice president, one of the first things to consider is how much education you need. We've determined that 71.2% of executive vice presidents have a bachelor's degree. In terms of higher education levels, we found that 17.1% of executive vice presidents have master's degrees. Even though most executive vice presidents have a college degree, it's impossible to become one with only a high school degree or GED.

Learn More About How To Become an Executive Vice President

Executive Vice President Career Paths

Average Salary for an Executive Vice President

Executive Vice Presidents in America make an average salary of $216,285 per year or $104 per hour. The top 10 percent makes over $394,000 per year, while the bottom 10 percent under $118,000 per year.
Average Executive Vice President Salary
$216,285 Yearly
$103.98 hourly
$118,000
10 %
$216,000
Median
$394,000
90 %

What Am I Worth?

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Executive Vice President Education

Executive Vice President Majors

30.6 %
9.3 %

Executive Vice President Degrees

Bachelors

71.2 %

Masters

17.1 %

Associate

4.8 %

Top Colleges for Executive Vice Presidents

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

5. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

6. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

9. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

10. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

Top Skills For an Executive Vice President

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 9.1% of executive vice presidents listed financial statements on their resume, but soft skills such as leadership skills and management skills are important as well.

Choose From 10+ Customizable Executive Vice President Resume templates

Zippia allows you to choose from different easy-to-use Executive Vice President templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Executive Vice President resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Executive Vice President Demographics

Executive Vice President Gender Distribution

Male
Male
75%
Female
Female
25%

After extensive research and analysis, Zippia's data science team found that:

  • Among executive vice presidents, 25.3% of them are women, while 74.7% are men.

  • The most common race/ethnicity among executive vice presidents is White, which makes up 81.6% of all executive vice presidents.

  • The most common foreign language among executive vice presidents is Spanish at 37.0%.

Online Courses For Executive Vice President That You May Like

Advertising Disclosure  The courses listed below are affiliate links. This means if you click on the link and purchase the course, we may receive a commission.
Strategic Planning Basics for Human Resources
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4.5
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Learn to collaborate with your organizational leaders on the development and implementation of a strategic plan...

Certification Course in Human Resource Management
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4.1
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Project Execution
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Project Execution has many challenges and a good project must learn how to execute projects and adjust to changes that may derail your project plans in the traditional and agile project management environments. In this course, the student will define direct and manage project work and knowledge. By the end of this course, you will be able to: - Direct and manage project work by preparing proactively for changes that lead to adjusting and re-planning your projects to success. - Conduct project ex...

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Best States For an Executive Vice President

Some places are better than others when it comes to starting a career as an executive vice president. The best states for people in this position are Washington, Massachusetts, New York, and New Jersey. Executive vice presidents make the most in Washington with an average salary of $195,146. Whereas in Massachusetts and New York, they would average $192,924 and $192,649, respectively. While executive vice presidents would only make an average of $192,592 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Executive Vice President Jobs:
2,461
Highest 10% Earn:
$275,000
Location Quotient:
1.5 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Washington

Total Executive Vice President Jobs:
1,432
Highest 10% Earn:
$278,000
Location Quotient:
1.1 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Executive Vice President Jobs:
730
Highest 10% Earn:
$273,000
Location Quotient:
1.23 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Executive Vice Presidents

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Top Executive Vice President Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ executive vice presidents and discovered their number of executive vice president opportunities and average salary. Through our research, we concluded that Sigma Kappa Sorority was the best, especially with an average salary of $49,529. Citigroup follows up with an average salary of $253,383, and then comes Bank of America with an average of $167,503. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as an executive vice president. The employers include Liberty Mutual Insurance, Xero, and L3Harris

Most Common Employers For Executive Vice President

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Leo Burnett$284,557$136.8119
2DHR Global$275,797$132.5917
3Citi$253,383$121.8241
4JPMorgan Chase & Co.$239,840$115.3119
5United Bank$239,779$115.2811
6Southern$231,430$111.2612
7IRI$231,269$111.1914
8*n/a*$230,132$110.6413
9IBM$227,705$109.4713
10Client Services$219,261$105.4111

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Becoming an Executive Vice President FAQs

How many years of experience do you need to be a VP?

You need five or more years of experience to be a VP. To become a vice president (VP), you'll need to work your way up the corporate ladder and demonstrate you have the expertise and industry experience that this role requires.

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