Do you dream of a coveted position in C-level leadership? How about becoming the next CEO of a 500 S&P company? You’re not alone. CEOs rake in the big bucks, they are the faces of their companies, and they are members of a prestigious group. If your goals include advancement to C-level leadership, you might be surprised by the degree it takes to get there.
According to SpencerStuart’s research, Route to the Top, CEOs are most likely to have an undergraduate degree in engineering (33%). (Only 11% of CEOs have degrees in business administration.) Why? Not only are engineers able to design fascinating new products, they also understand the economy and the market trends that enable them to sell their products. Even more surprising, Ivy League alumni make up less than 10% of S&P 500 CEOs. Real life experience earned from working, and the ability to leverage education in real-world applications, such as with Kettering University’s master’s programs, make more of an impact.
Did you know that 60% of a CEO's time is spent in meetings? If you need your own space to crank out projects, a CEO position might not be the best position for you. If you enjoy managing simultaneous projects and overseeing how entire sections of companies fit together without getting involved in the nitty gritty, a CEO position might be a perfect fit.
The majority (60%) of CEOs in SpencerStuart’s survey cited creativity as the most important leadership quality. This might come as a shock, as many predict that it is good communication skills that catapult workers into C-level positions. Think of creativity as it relates to engineering. Engineers think of creative ways to solve problems all the time. Whether drawing the plans for a new car part, or putting together the most effective teams, an engineer’s ability to be creative is at the center of his or her success.
If your background is in engineering, and you want to become CEO, the next logical step is to earn a Master’s degree in Engineering Management. Kettering University Online offers an online Master of Science Engineering Management degree that puts your technical expertise to work while helping you developing the skills you need to run a large company.