Do you enjoy being a person who manages multiple teams? Do you have the foresight and analytical mind to come up with tech solutions? Then Chief Technology Officer, also known as CTO, might just be the career for you!
One of the top C-suite positions, it is a highly demanding job with a promising pay scale. From research and development to the product cycle, a CTO oversees multiple aspects to meet the business goal.
If keeping up with technological trends is your thing, you should try a career as a CTO. This blog will cover the career path, industries, qualifications, and courses you can try to have a career as a CTO or Chief Technology Officer.
What does a CTO do?
A CTO must have ten years or more of experience in management positions, software development, or technical/data engineering positions. The Chief Technology Officer (CTO) of the organization collaborates with the Chief Information Officer (CIO) and reports to either the CEO or Chief Product Officer (CPO).
The nature of the job demands these core responsibilities from a CTO:
- Research and Development:
A CTO blends their prior knowledge and experience in technology with current trends to bring about innovations. Conducting research is necessary for developing and applying these innovations to an existing or new system.
- System Analysis:
Since a CTO knows the technology industry, they thoroughly analyze and monitor the company’s management of hardware, software, databases, and licenses.
They assist departments in making profitable use of technology and mentor teams of software developers and engineers.
- Business Management:
They guarantee that the technical products and services are in line with the larger business objectives. It helps with scheduling tasks and allocating funds.
Together with the other firm executives, they guide and make recommendations for strategic business decisions.
- Strategic Planning: While observing the market and competition trends, they meticulously plan the technical components of the products and connect them with the corporate objectives.
- Customer output:
If a business ignores the requirements and feedback of its customers, the product cannot succeed. A CTO analyses data and assesses the systems and products to determine the system’s or product’s potential worth to the firm.
- Product cycle: In their career as a CTO, they contribute to the effective management of the product life cycle and create durable, profitable goods and services.
Job Roles for CTO
To apply for the position of Chief Technology Officer, one needs a relevant experience in technology management roles or directorial roles. Here are a few roles that one can transition from to having a career as a CTO.
- ArchitectNetwork architecture
- Data Engineer
- Information security management
- Infrastructure Engineer
- Project Manager
- Software Engineer
- Security Engineer
- Web Software developer
- Technical Project Manager
- Technical Business Analyst
- UX / UI Designer
Career path for CTO
A Chief Technology Officer (CTO) is the person in charge of overseeing and managing a company’s technical decisions. It includes but is not limited to research and development (R&D), the adoption of technological solutions and advances, product software development, resource budget requirements, and cost-effective production.
Following are the two pathways through which you can pursue your career as a CTO
Path I
- A minimum of 55% in Grade 12. (Science stream)
- Bachelors in Computer Science/Software engineering/ Web Development/ Web design/ Computer Science/Digital Forensics/ Information Technology
- Work experience as Data Engineer/ Information security management/Infrastructure Engineer/Project Manager
Path II
- A minimum of 55% in Grade 12. (Science stream)
- Bachelors in Computer Science/Software engineering/ Web Development/ Web design/ Computer Science/Digital Forensics/ Information Technology
- Work experience as Data Engineer/ Information security management/Infrastructure Engineer/Project Manager
- Postgraduation in Business Administration/ Computer Science/Programming/Technology or related fields.
Salary in different stages of a career as a CTO
Though it is a position that requires 10+ years of experience, one might become a CTO at an earlier stage as well. Based on the payscale data available on ambition box, pay scale, and glassdoor. The estimated salary one can get in their career as a CTO in India is as follows:
Skills Required to become a CTO
Technical Skills:
CTO is one of the top positions concerning technology in a company. Thus, this position requires a person to have excellent technical skills. Which demands being akin to the existing and new technological advancements in the market and creating room for innovation.
One should possess a strong knowledge of software development, programming, design, system architecture, and product development to become a CTO. Since a CTO has to implement optimum utilization of the products and services, it necessitates a thorough understanding of the product and its technicalities.
Business Skills
A CTO works with the other executive leaders to plan strategies and objectives for a profitable endeavour. It requires knowledge in subject areas such as finance, business modelling, and project management. Understanding data and statistics of market spaces requires a business outlook and coming up with tech-driven solutions.
Interpersonal Skills
- Leadership Skills
CTO is a top leadership position that entails organizing and managing big teams of people a leader is someone who not only leads but also walks alongside the team.
As a CTO, you will be responsible for mentoring software and data engineer teams, inviting contributions, and collaborating on ideas. A leadership position like CTO needs patience and a problem-solving approach.
- Communication skills
Everyone has experienced receiving the same input from two persons but preferring A’s explanation to B’s. That is possible because the feedback from A was more convincing and constructive.
A CTO must communicate with people from various backgrounds, which demands effective speaking and listening skills. Not to mention having an excellent sense of time and speaking persuasively.
- Time management
So many tasks, so little time. CTOs are subject to stringent time and deadline limitations. As a result, they must have good time management abilities. It entails periodically working with other teams to coordinate and keep track of teams handling different aspects of the product/ system.
- Critical thinking
To develop strategies that support the company’s overarching commercial goal, a CTO must keep up with current technological advancements. The CTO must use sound judgment to guide teams and uphold long-term corporate objectives. Careful data analysis will help in planning solutions for potential problems.
Is CTO a good career option?
Due to the rapid advancement of technology, the chief technology officer position is rapidly changing. Given the extensive training and experience needed to become a CTO, businesses understand how crucial it is to compensate CTOs well.
Beyond a good salary, having a career as a CTO has other advantages.
A CTO is qualified to predict how technology will benefit a company’s success. Within limitations of time, money, and demand, it is their responsibility to put such concepts into action.
According to Forbes, a passion for learning and the capacity to see the big picture are crucial characteristics for any CTO. It is one of the stressful job positions with a rapidly changing setup.
Type of industries Hiring CTOs
A Chief Technical Officer’s (CTO) duties and responsibilities vary from one industry to another. Several of the sectors that use CTOs include:
- Finance
- Ecommerce
- Consultancy
- Tech companies
- Software Architecture
- Automobiles
- Defence
- Healthcare/ Pharmaceutical
- Food Industry
Top Recruiters for CTO in India
- Tata Steels
- Mahindra
- Birla Chemicals
- Infosys
- Larsen & Toubro
- Reliance
- Bajaj FinServ
- Adani
- Nestle
- Kotak Mahindra
- HCL
- Airtel
Courses to upskill as a CTO
Although they are not required to become a CTO. Recruiters favour and value applicants who have succeeded in obtaining the following certificates. C-suite positions are always on the lookout for people regularly improving their tech expertise.
Name of the course | Validity |
Certified Information Systems Security Professional (CISSP) | 3 years |
Certified in the Governance of Enterprise IT (CGEIT) | 3 years |
Certified Information Security Manager (CISM) | 3 years |
Certified Associate in Project Management (CAPM) | 5 years |
One can enrol in computer science, coding, or technology certificate programs during and after Grade 10 or 12 to build the abilities necessary for the field. Check out Clever Harvey’s JuniorMBA Chief Technology Officer course to learn practical technical and problem-solving skills.
Qualifications to become CTO
A minimum of ten to twelve years of experience and a bachelor’s degree are required for this executive-level position. The first step in one’s journey can be to enrol in a Bachelor’s program in computer science, software engineering, or a related field after completing the 12th grade. An ideal applicant will have a master’s degree in business administration and related experience in senior technological jobs.
Degrees in India
The eligibility criteria and top colleges to apply for are explained in detail in our blog- How to become a CTO. A managerial level position demands an individual who has held leadership positions in different stages of their academic and career. Thus, gaining experience through projects and internships is a must for this profession.
UG degree
A candidate can apply for a 3-4 years graduate program in computer science, software engineering, or similar subjects after completing Grade 12 To be able to apply for the course, one must have a minimum overall score of 55%. And a good score in JEE and CET examinations.
Following are a few undergraduate degrees one can consider:
- Bachelor in Software engineering
- Bachelors in Web Development/ Web design
- Bachelors in Computer Science
- Bachelors in Digital Forensics
- Bachelors in Information Technology
PG
One can apply for a postgraduation program either after gaining 2-3 years of experience or right after completing undergraduate with internship experience.
A minimum of 55% or equivalent grade point average during bachelor’s in computer science, information technology, software engineering, web design, or related fields. Some universities have their own entrance exam or require a GATE score during admission.
A few postgraduate courses you can try:
Name of the course | Duration |
MBA in IT | 2 years |
M.S. in Technology Management | 2 years |
M.S. in Cybersecurity and Information Assurance | 2 years |
Abroad
After the completion of Grade 12, one can apply for a bachelor’s degree in Applied Science in Computer Engineering, Computer Science (Software Engineering ), Electronics and Data Engineering, Design in Computing, Hardware and Software Engineering, etc.
The eligibility criteria for a postgraduate degree abroad are:
- A minimum of Grade B or equivalent grade point average in a bachelor’s program in a parallel field.
- GRE or GMAT score
- Language proficiency score: IELTS, TOEFL, or PTE. (differs based on university location)
- Few universities might also ask for a portfolio.
Postgraduate degrees you can apply:
Name of the course | Duration |
MS Computer Science with Artificial Intelligence | 2 years |
MBA in Technology | 2 years |
Executive MBA in Innovation and Business Creation | 2 years |
References for CTO
10 people you can follow
- Sauvik Banerjee – Tata Industries
- Chad Fowler – Microsoft
- Mark Russinovich – Microsoft
- Dharmesh Shah – HubSpot
- Tushar Vagal – Larsen & Toubro Realty
- Michael Bettes – Tata Consultancy Services
- Ravi Rao BE(Elec) Hons, IIM L, PMP – Kotak Mahindra Bank
- Vinod K. – Infosys
- Sivakumar R – Bharat Petroleum Corporation
- Gopinath Jayraj – Tata Motors
Books you can read
- Modern CTO by Joel Beasley
- Managing Humans: Biting and Humorous Tales of a Software Engineering Manager by Michael Lopp
- The Lean Startup by Eric Ries
- The CTO ¦ CIO Bible: The Mission Objectives Strategies and Tactics Needed To Be a Super Successful CTO by Rorie Devine
- Don’t make me think! by Steve Krug
We will leave you with some advice from CTO.
Reiner Kraft, the CTO of YUNAR and creator of the Fellowship of Mindful Tech Leaders on, ‘Why CTO should expose themselves to challenges
“CTO is a job for engineers who know the technical ins and outs but also contribute business ideas and show leadership skills. If you want to become really good at it, you need to get up from your working station and learn everything practically on a daily basis”
FAQs about the Career as a CTO
What does a CTO do?
A Chief Technology Officer (CTO) is the person in charge of overseeing and managing a company’s technical decisions. It includes but is not limited to research and development (R&D), the adoption of technological solutions and advances, product software development, resource budget requirements, and cost-effective production.
What is the eligibility criteria to apply for postgraduate degree abroad to become a CTO?
Ans: The eligibility criteria for a postgraduate degree abroad are:
A minimum of Grade B or equivalent grade point average in a bachelor’s program in a parallel field.
GRE or GMAT score
Language proficiency score: IELTS, TOEFL, or PTE. (differs based on university location)
Few universities might also ask for a portfolio.
Where do CTOs work?
Ans: A Chief Technical Officer’s (CTO) duties and responsibilities vary from one industry to another. Several of the sectors that use CTOs include:
Finance
Ecommerce
Consultancy
Tech companies
Software Architecture
Automobiles
Defence
Healthcare/ Pharmaceutical
Food Industry
Why should I become a CTO?
Due to the rapid advancement of technology, the chief technology officer position is rapidly changing. Given the extensive training and experience needed to become a CTO, businesses understand how crucial it is to compensate CTOs well.
Which all roles can I transition from to become a CTO?
Ans: To apply for the position of Chief Technology Officer, one needs a relevant experience in technology management roles or directorial roles. Here are a few roles that one can transition from for CTO.
Architect
Network architecture
Data Engineer
Information security management
Infrastructure Engineer
Project Manager
Software Engineer
Security Engineer
Web Software developer
Technical Project Manager
Technical Business Analyst
UX / UI Designer