After reading a lot of success stories of people like Jeff Bezos, Sundar Pichai, Mark Zuckerberg, Tim Cook, etc. a lot of us have dreamt of leading a company someday, right? We might feel that this dream of ours will just remain a dream and never turn into a reality.
Being a CEO is not easy. Not all CEOs start their own company. Many individuals climb the ladder to become CEOs. CEOs often advance to their position through the managerial levels by building a reputation for themselves in various operational departments.
Although, if you have the conviction to do something incredibly challenging, take effort, and work really hard and you can turn that dream into a reality. If you feel that you are ready to be accountable and take responsibility in this challenging leadership role, read this blog and learn everything you need to know about how to become a CEO after 12th in India.
Who is a CEO?
A Chief Executive Officer (CEO) is the highest rank of an executive manager. They serve as the crucial link for information and communication between the directors, shareholders, and operations of the business. The CEO of a firm is frequently referred to as ‘the face of the company since they represent the organization’s mission and vision to the public. Additionally, they are tasked with making crucial administrative decisions and have the power to change the focus of certain departments as they see fit.
How to become a CEO? [Step by Step guide]
Here’s a step-by-step guide on how to become a CEO:
Step 1: Stream Selection
If you are determined to start your own business, it is ideal for you to take up the Commerce stream and learn subjects such as accounting, business, economics, finance, and management. You can also take Science and pursue Engineering.
Also Read – How to become a CMO
Step 2: Certification and Project Courses
It is always a great idea to take up courses and acquire skills that will help you succeed in the career you want to pursue.
Here’s a list of a few topics for courses that you can take:
- Executive Strategy and Management
- Leadership Skills and Team Management
- Managing Project Teams
- Entrepreneurship, leadership, and employment
- The Essentials of Business and Risk Analysis
If you are really keen on learning about these topics, want hands-on exposure, and want to learn more about how to become a CEO, check out the Clever Harvey Future CEO program.
Step 3: Educational Qualification
How To Become A CEO After 10th
After completing this level of education, many students prefer to pursue some courses along with their 11th standard studies. This helps them to prepare for entrance exams that they may appear for after their 12th or for their graduation in a particular field.
Diploma Courses for becoming CEO
|Diploma in Business Management and Entrepreneurship||15-20 hours|
|Diploma in Technology Forecasting for strategic decision-making||6-10 hours|
How To Become A CEO After 12th
If you are truly committed to becoming a CEO, you should begin putting together your resume in high school. Select a career path where finance, economics, and business studies are major courses in your Class 12 curriculum.
What Should I Study To Become A CEO In India
There is no specific course designed for the position of CEO. Although, here’s a list of a few degree programs that you can take in order to become a successful CEO.
Undergraduate Courses For CEOs in India
|BA Business Economics||3 years|
|BSc (Hons) Economics and Management||3 years|
|BBA (Bachelor of Business Administration) Finance||3 years|
|Bachelor in Business Economics||3 years|
Top colleges in India for Economics and Business
- Symbiosis School of Economics
- IGNOU Delhi
- Jamia Milia Islamia
- IIT Bombay
- MSU Baroda – Maharaja Sayajirao University of Baroda
- Christ University
- JNU Delhi – Jawaharlal Nehru University
- AMU Aligarh – Aligarh Muslim University
- IIT Kharagpur – Indian Institute of Technology
What Should I Study To Become A CEO Abroad
Here’s everything you need to know about what you should study abroad to become a CEO.
Undergraduate Courses For CEOs Abroad
|BA in Economics and Business||4 years|
|BA (Hons) Business Economics||3-4 years|
|Bachelor of Science in Economics and Business Economics||3 years|
|Bachelor in Business Economics||3 years|
|Bachelors in Economics and Management||3 years|
|BSc in Business Economics||4 years|
Top colleges abroad for Economics and Business
- International University in Geneva
- Unicaf University
- University of Lincoln
- Utrecht University
- Ca’ Foscari University of Venice
- University at Albany
- University of Tampa – Sykes College of Business
- University of Sopron
Step 4: Job Preparation
You could find the following helpful in landing the desired employment and securing your success.
1. Introspect, learn, and unlearn: In order to continuously adjust our trajectory, we must first introspect and get feedback from others on a frequent basis.
One should make sure to spend quality time reflecting. When we reflect, we realize that some of our behaviors, mindsets, and decisions weren’t the best. It is crucial to understand that all of our ideas and tactics are losing their viability on a daily basis due to the speed and scope of change.
2. Find a coach or mentor: A excellent mentor can significantly alter your life. Your smart professional and personal decisions will only benefit from it. If the coach or mentor is familiar with our environment and can help you see the larger picture more clearly, it is beneficial.
3. Obtain a variety of experiences: Make an effort to gain exposure across functional, industrial, and geographic boundaries. It is wise to volunteer and take on more duties inside the organization because doing so will pay off handsomely in the future.
Develop connections with other functional heads and make an effort to comprehend their struggles and gain knowledge from them. Simply put, be eager to learn about your job as well as the bigger picture from an organizational perspective.
If you are really keen on learning about these topics, want hands-on exposure, and want to learn more about how to become a CEO, check out the Clever Harvey JuniorMBA Entrepreneurship course.
Skills To Become A CEO
CEOs must exhibit some hard and soft talents that illustrate their executive mastery.
The following are the top 10 abilities CEOs need to master:
- Growth mindset
- Creative and Innovative
Salary of a CEO in India
The average annual remuneration for a Chief Executive Officer (CEO) at the entry level with less than 1 year of experience is ₹827,230 (which includes tips, bonus, and overtime pay).
An entry-level Chief Executive Officer (CEO) with 1-4 years of experience receives an average annual total remuneration of ₹1,011,304.
Salary of a CEO abroad
CEOs across the globe earn hefty salaries.
The average salary of a CEO in different countries is as follows
Top recruiters in India
- Aditya Birla Group
- Tata Consultancy Services
- Hindustan Unilever
- Reliance Industries
- Wipro GE
Top recruiters Abroad
Do you think you have what it takes to pursue such a challenging career? We guess, this blog contained all the answers to your questions about how to become a CEO, what you must study, how you can prepare for the job and a lot more. Good luck young CEO!
FAQs on how to become a CEO:
Q1) How long does it typically take to become a CEO?
The simple answer is that most CEOs have at least a bachelor’s degree and five years of management experience before they become a CEO, though every case is slightly different.
Q2) What is a CEOs job?
CEOs are in charge of overseeing a company’s general operations. Delegating and directing agendas, promoting profitability, controlling the organizational structure and direction of the company, and interacting with the board of directors are a few examples of this.
Q3) How to become a CEO of a company?
Without having founded your own business, your chances of becoming a CEO are essentially nonexistent. Even though you’d rather work your way up the corporate ladder than devote four years to education, getting a degree is necessary and will pay off in the long run.
Q4) What educational qualifications do I require to be a CEO?
An applicant who wants to work as a CEO in India must earn a bachelor’s degree in business or economics. He or she should pursue a Master of Business Administration (MBA) or comparable post-graduate degree after earning a Bachelor’s degree.
Q5) What is the salary of a CEO?
The average CEO compensation in India is 29.9 Lakhs per year, with salaries ranging from 3.6 Lakhs to 102.0 Lakhs.
Q6) How does a CEO get fired?
If a CEO is employed on a contract, such contract may be terminated at the end of the term if the company has new owners or is headed on a different path. Even if the CEO was the one who incorporated the business, they frequently lose their jobs when it is struggling financially.
Q7) Whose designation is higher, CEO or president?
The chief executive officer (CEO) is typically regarded as the highest-ranking officer in a company, and the president is considered to be second in command. However, due to the variety of corporate governance and structure arrangements, the roles of both the CEO and president may vary depending on the company.
Q8) What are the roles and responsibilities of a CEO?
Making administrative decisions
Human resource administration
Q9) What subjects should I study to become a CEO?
You should study subjects like finance, economics, business, management studies, etc. to become a CEO.
Q10) What are some qualities of a good CEO?
Creative and Innovative