Participating in and organizing hobbies and activities beyond your regular work hours will help you continue your personal development as a strong leader, team player, and manager. Additionally, when you take time to switch off from work, it allows you to bring a new perspective into the office, possibly providing you with a new direction or strategies.
Future CEOs gain relevant management experience by either working their way up the corporate ladder or holding progressively higher positions at various companies. Some companies provide development training to help prepare professionals for management positions. Most CEOs have formal training and work experience along with exceptional leadership, communication, and problem-solving skills. Our expert academic advisors can pave a customized roadmap to help get you started on your journey to become a CEO!
Book a free consultation to learn more about our Admissions Support Program. Extracurriculars should involve building skills aligned with CEOs, including decision-making, communication, leadership, managerial, and organizational skills. Additionally, if your school offers business or management-related classes, you should take as many as possible. At a minimum, you should take the following:. Planning ahead will help you build a good foundation of knowledge and experience and help you achieve your CEO goals faster.
Getting a degree shows your future employer that you work hard and manage your time well. It also shows you have leadership skills, initiative, and drive. There are many ways to become a CEO. Choosing an undergraduate degree from a top university is a great way to start.
Here are five of the best undergraduate degrees for anyone hoping to become a CEO. A business management degree will also teach you about big picture management, not just the day-to-day grind.
Economics is all around you. From determining the price of produce to why housing costs vary widely between countries, studying economics gives you an understanding of the world.
Like business, pursuing a degree in accounting and finance gives you a solid understanding of how business works. The difference is that accounting and finance degrees focus heavily on money and numbers. This degree pairs well with a humanities degree because it shows you can work with numbers and people.
As business standards progress, employees need to know everything from tech and marketing to analytics. A liberal arts degree helps you gain knowledge in several areas, making you very appealing to future employers. Want to know the university that best suits you? Use our college admissions calculator to find a list of recommended universities based on your current SAT or ACT scores! After completing your undergraduate degree, you will also need an MBA.
We recommend you take your MBA alongside your first graduate job, so you build the necessary skills and experience required to manage a company. Additionally, becoming a CEO not only depends on what you study but where you study. The following is a list of some of the top business schools in the world. Stanford is an elite university with a strong business major. Twenty-three billionaires on the Forbes list graduated from Stanford, the second most of any college.
Their location in Silicon Valley makes this university even more desirable for people who want to become CEOs. Technology companies in need of CEOs pop up regularly in this area.
Crimson Students are 3x more likely to gain admission to Stanford. Learn more about our Postgraduate Application program to help you gain entry into Stanford Business School. Wharton School continues to bring new ideas, deeper insights, and transformative leadership to its classrooms and out into the world. Crimson Students are 4x more likely to gain admission to Penn. Learn more about our Postgraduate Application program to help you gain entry into Wharton Business School.
MIT Sloan School of Management brings together the brightest business minds in the world to tackle some of the most significant issues facing the world today. They offer opportunities for students to experience hands-on learning, engaging people around the world through impactful global experiences.
Crimson Students are 3x more likely to gain admission to MIT. If you want to become a CEO, a degree from Harvard should get you there. Harvard is famous for its world-renowned postgraduate MBA program. Even an undergraduate degree from Harvard makes you an incredibly desirable employee and future CEO.
Twenty-eight billionaires on the Forbes list graduated from Harvard. Crimson Students are 4x more likely to gain admission to Ivy League universities such as Harvard. Learn more about our Postgraduate Application program to help you gain entry into Harvard Business School. Students receive personalized career development assistance, hands-on learning, and unique leadership opportunities through their MBA program.
Beyond their world-renowned reputation, the UK education system is known for going in-depth in subject areas. Many professionals with dreams of becoming CEOs also hold professional certifications to help them achieve their goals faster.
Certifications for CEOs include:. A communications degree trains professionals to apply effective communication techniques to business, law and media. Communications majors take a broad range of classes, studying topics like journalism, marketing, sociology and business. This broad education paired with specific courses to enhance communication practices can be invaluable to a future CEO. Professionals need communication skills in many of the roles they fill, especially those in leadership positions.
Liberal arts include a broad variety of humanities subjects, such as English, history, sociology and creative arts. Professionals with a liberal arts degree usually focus on a specific area of study.
Liberal arts majors typically have enhanced communication, critical thinking, problem-solving and creative skills. These skills can allow professionals with a liberal arts degree to succeed in many career paths.
Having a liberal arts degree is also useful if you would like to be a CEO of a specific company, such as a literary publishing house. However, because of the skill set it teaches, a liberal arts degree can be beneficial to a CEO in most fields. Students studying economics focus on the wealth, social classes, resource allocation and consumer culture of a society's financial systems. A degree in economics can strengthen a professional's critical thinking and mathematical skills.
It also can provide an advanced understanding of economic trends, which can help a CEO make smart financial decisions for the company they lead. Though not a requirement, many CEOs earn both a master's and bachelor's degree. Here's how an advanced degree may assist you on this career path:. Many future CEOs pursue a graduate degree in business administration or a master's in their desired field.
Here's a list of the most common graduate degrees for CEOs:. Although any graduate degree can improve your earning potential and career opportunities, acquiring a Master of Business Administration MBA is especially beneficial.
An MBA teaches students technical and leadership skills. MBA students focus on the subjects of finance, business and economics while also learning how to become effective managers. Because your master's and bachelor's degree can be in different subjects, you can earn a bachelor's in a specialized subject that suits the industry you would like to work in.
Then you can pursue an MBA to enhance your business expertise. Professionals who pursue a master's degree in economics often apply their advanced understanding of economic systems to make strong financial decisions for their company.
Graduate students studying economics take special courses in history, sociology and mathematics to gain a better perspective of how economic systems affect the public. An advanced degree in computer science combines the applications of engineering and science to teach aspiring professionals how to create new software, websites and coding language.
Professionals can apply this knowledge to many industries and use their expertise to help strengthen or advance the technology of their company. A Master of Science in Healthcare Management can be an excellent choice for professionals working in the health industry. This specialized management degree focuses on handling the administrative and business side of the industry.
CEOs of hospitals, insurance companies or medical-based nonprofit organizations may find this educational path helpful. Professionals can use a Master of Arts in Political Science in many industries. Students who pursue a master's in political science gain a better understanding of the impact government systems and policies have on social classes and cultures.
These professionals usually work for a company with political ties or needs. They can apply this knowledge to make better CEO management decisions for their company. Find jobs. Company reviews. Eventually, most future CEOs move into substantial operational roles, typically running the largest division or the most important international business, before they get offered the top spot. Three-quarters of Fortune CEOs come from operations. In a recent article, Adam Kleinbaum , a professor at Dartmouth College, highlighted the potential downside of such a career trajectory.
Moving straight through the ranks of the core business translates into narrow interpersonal networks and limited opportunities to connect with people in different parts of the organization. Usually, these careers are even more confined, creating the danger of viewing the entire organization through the prism of figures.
Being fluent in the language of high finance with all manner of external stakeholders is a valuable attribute in public company CEOs. As we expect the world to become more global and interconnected, future CEOs will be confronted with countless unforeseen issues and challenges. Boards are aware of this and will put a premium on track records which reflect a wide breadth of experience.
This does not mean that a solid finance or operations background will be dismissed, but throwing something else into the mix is certainly useful. A few years spent working as a consultant obviously comes to mind. After a job in IBM consulting — where she spearheaded the acquisition of PricewaterhouseCoopers — she became head of marketing and strategy, before taking the top job. Selection committees need to examine the full package, meaning both personality and track record will be taken into account.
Recent research by Egon Zehnder goes a step further. Considering how difficult it is to measure personal traits, this is not necessarily reflected in the decision of who will be appointed. After all, if a CEO decision turns out to be wrong, the members of the selection committee want to deflect the blame.
Still, even during the gruesome climb to the top, some personal characteristics are helpful. On top of the list comes personal drive and ambition. Climbing to the top translates into stress that not everyone is cut out for combined with extremely long working hours. Bill Gates, for example, spent 10, hours programming on a high-school computer from the age of In , he was kidnapped in a parking lot outside his office. Two days after his release, he was back in the office to negotiate an important deal.
It's people like these that you'll have to compete with for the CEO job. Communication skills are also high up on the list of requirements.
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