Business Executive: Education & Career Requirements

Business executives plan an enterprise's future by establishing goals and implementing initiatives. Examples of upper business management titles include chief executive officer (CEO), chief operating officer (COO) and chief financial officer (CFO). Read on to learn more about the educational path to become a business executive.

View 33 Popular Schools »

Upper Business Management Educational Requirements

Bachelor's Degree for Business Executives

Not all business executives hold a bachelor's degree, but entering upper management may be easier for those who have completed a bachelor's degree program. Aspiring business executives may consider programs in business administration, finance or management. These programs cover topics ranging from accounting to building relationships. Students may also be assigned group projects in which they are responsible for a particular task, like researching trends in an industry.

College graduates usually do not become executive officers immediately. Most firms prefer young employees to work within the company so they can be trained on the job. During this period, new hires gain valuable insights into how the business functions, begin fostering relationships and build their reputations so that they may be considered for promotions.

Advanced Degrees for Business Executives

In order to speed the process of entering upper management, individuals may consider enrolling in an advanced degree program, like Master of Business Administration or Master of Science in Finance programs. Advanced degree programs typically last 1-2 years, during which students work on individual and group assignments ranging from marketing and brand management to finance and strategy. Most programs also require students to participate in presentations to build soft skills, like speaking and leadership.

Industry-Specific Education for Business Executives

Some employers within specific industries, like construction or telecommunications, may have established trainee or management programs for new hires. These programs help recent graduates to become familiarized with aspects of the business from the ground up.

Students wishing to work within a given industry, such as construction or engineering, may consider taking supplemental classes in those fields. For example, aspiring CFOs for construction management firms may enhance their employment and advancement opportunities by taking courses in sourcing, contract negotiation and bidding.

Career and Salary Information

The U.S. Bureau of Labor Statistics (BLS) predicts a 5% job growth for top executives in the years 2010-2020. Chief executives earned a median annual salary of $168,140 in 2012, according to the BLS.

Show me popular schools

Related to Business Executive: Education & Career Requirements

  • Related
  • Recently Updated
  • Popular
Business Management (Minor): Coursework Overview

A business management minor is comprised of core business subjects, such as finance or marketing. These courses are designed to...

Bachelor of Business Management: Degree Overview

A bachelor's degree in business management prepares graduates to work in various fields, such as advertising, marketing, human...

Associate of Business: Management Degree Overview

Students who earn associate's degrees in business management, business science or business administration can learn the basic...

Bachelor of Business (BB): Management Degree Overview

People interested in becoming leaders in the field of business may want to pursue a Bachelor of Business Administration degree...

Business Management (Major): Summary of Coursework

Popular Schools

Popular Schools

Avg. Wages For Related Jobs

Source: Bureau of Labor Statistics