Business professionals often work their way into top executive management positions by putting in years of service at a single company or by starting their own enterprises.
Some schools offer advanced degree programs for business professionals who are eager to learn executive management skills. Many programs feature flexible night and weekend courses to work around schedules.
Educational prerequisites vary from institution to institution, but a bachelor's degree (and sometimes a master's degree) in business or a related field is the most common requirement for gaining admittance into an MBA or Ph.D. program. Some programs offered at the graduate level even require incoming students to have demonstrable professional work experience. Programs can generally be completed in one to two years.
Degrees in Executive Management
An executive management degree program includes courses related to advanced business skills and management principles. Some of these include:
- Management and administration
- Marketing management
- Strategic risk analysis and management
- Global economic concerns
- Strategy development and execution
- Financial strategy
Popular Career Options
Graduates of a degree program in executive management have several advanced career opportunities available to them. Available executive positions include:
- Chief operating officer
- Chief executive officer
- General manager
- President or vice president of operations
- Executive administrator
- Financial/sales manager
Employment Outlook and Salary Info
According to the U.S. Bureau of Labor Statistics, the median annual wage for top executives was about $185,950 a year as of May 2020 (www.bls.gov). Top executive employment is expected to grow 4% from 2019 to 2029, an average pace compared to all occupations. Employment growth depends on the particular industry as competition will remain strong for top executive employment.
Achieving a degree in executive management is a very impressive asset that individuals can be sure will help them land lucrative careers in a variety of upper-management positions in a number of industries.