There’s nothing wrong in dreaming big, but it is beneficial to start early to achieve them. CEO, “Chief Executive Officer” is not just a job but one of the most responsible positions of any organization/ company. The journey of acquiring this big of a position starts with your determination, dedication, and never-ending hard work. Class 12th could seem a smaller requirement in front of becoming a CEO, but it is where your base builds up at.
Have you ever dreamt of becoming a CEO of leading organizations in India? If Yes, then build up your determination for the upcoming years. However, with this thought, you must begin to prepare to become CEO, and if you too are looking answer for doubts like, how to become CEO after 12th Commerce? or how to become CEO after 12th Science? Then the article below will guide you with the best.
Is It Possible to Become CEO After 12th Commerce?
Yes, anyone can become a CEO after 12th Commerce; however, the journey is long and requires degrees, experience, skills, and dedication. CEO is a job title and a more significant responsibility that can make or break any organization’s name and position.
Who is a CEO?
CEO, “Chief Executive Officer” is one of the leading corporate executives that manage the organization by making significant decisions. They are the ultimate authority who make top-level managerial decisions and are directly accountable to the company’s Board of Directors. Their role might differ from company to company, but they deal with the high-level strategies only that decide the growth of the company they work for.
How to Become a CEO of a Company After 12th Commerce| Detailed Explanation
For becoming a CEO, it requires a great deal of education, years of experience, and the ability to lead an organization altogether. Becoming a CEO directly after 12th is only possible if your family owns a business and you are going to grab the position with that effect.
However, otherwise, the prospects of becoming a CEO requires at least a Bachelor’s degree.
Also Read: Best Courses After 12th Commerce for Girls
Two ways of becoming a CEO:
#1 Establish your own business or join the family business
When you start your own business, you choose to work at any position (including the CEO) and of course, by default, you are responsible for leading that business. You might not require a specific degree, however practical knowledge, ability to run the business, and relevant skills are still a must.
But building your business and taking it to higher levels is equally challenging.
For example, Mark Elliot Zuckerberg, the CEO of Facebook, is a co-founder, CEO, Chairman, and controlling shareholder of the company. With a few friends, he launched Facebook and worked to build it as massive as we know it today. This made him the youngest CEO of one of the leading companies.
#2 Become the CEO of other organization and businesses
For becoming the CEO of other organizations and businesses, one must earn degree, experience, skills and prove himself/ herself to the company. This way is definitely longer than the first one.
For example, the leading organization Google, which is well-known globally, was founded by two American men Larry Page and Sergey Brin. However, the current CEO at Google is an Indian- American man Pichai Sundararajan also known as Sundar Pichai. He begins his career as a materialengineer but now is working as Google’s CEO from the last 5 to 6 years.
Educational Requirements for becoming a CEO
- 10+2 with a Bachelor’s degree through any stream (Science, Commerce, Arts)
- MBA (Masters in Business Administration) in Management, Finance, Economics, or Accounting.
- Ph. D in Business Administration (Doctorate Degree)
A Bachelor’s degree provides you with exposure to join any organization. And when your focus is significant, it is ideal to begin with, the best qualification and university for that matter. You cannot directly join for the post of CEO with just one degree in hand the process requires working experience.
The graduation path for becoming a CEO after 12th Commerce depends on your field of interest and expertise even though the candidates who have studied Science in their senior secondary and graduation years can also become a CEO one day.
The public sector CEOs usually have their Bachelor’s degree in Business, Management, Finance, Economics, Accounts or basically the Commerce dedicated fields. Furthermore, pursuing a Masters in Business Administration and earning an MBA degree opens up your paths for joining higher posts in various organizations.
To season up the educational qualification, learning scientific methodology, development and analytical skills and joining job for higher-level vacancies, it is ideal to pursue Ph. D in Business Administration. Though, if not regularly, CEO aspirants can also pursue a higher degree after a few years of job experience.
Work experience for becoming a CEO
- A minimum of 5 years. The maximum limit depends upon the position you have joined with and the position your experience has taken you up at.
Apart from educational qualification, the post of CEO requires professional and managerial experience that cannot be acquired overnight. Before finally reaching the CEO’s post, it requires years of working experience, management & leadership skills, learning business practices and eventually earning qualities and proving yourself as a concrete pillar for the organization.
- For Bachelor’s degree holder: It might take about fifteen or more years of working experience and prove yourself to reach the CEO position.
- For Master’s degree holder: It can take 10 or more years of working experience to reach the position of CEO.
- For Ph. D holders: A minimum of 4 to 5 years of on job experience and proving yourself as a competent CEO candidate.
- Also, in leading organizations like Google, Microsoft, Boston consulting group, UnitedHealth Group, CVS Health and others, it generally takes 20 to 25 years of industrial experience with years of dedication towards the organization itself.
Skills and Personality traits every CEO must-have.
A set of traits beyond degree and number of working years is what takes you towards a CEO’s position.
Skills of a successful CEO
- Management of Personnel Resources
- Management of Financial Resources
- Management of Material Resources
- Judgment and Decision Making
- Complex Problem Solving
- Critical thinking
- Speaking and active listening
- Systems analysis and evaluation
- Service orientation and learning strategies
- Persuasion and Negotiation
- Strategic thinking and planning
- Stakeholder Management
Personality traits of a successful CEO
- Strong verbal and communication skills, so that the message they spread is always clear and understood by the team and clients.
- They must be able to judge unforeseen opportunities and thus can take calculative business decisions.
- Unique thinking that must suit the time and need
- Ability to learn and plan from past mistakes
- Building relationships with employees, clients and even competitors for that matter.
- Controlled emotions and ego of the position they are at.
Also Read: How to Make Money While Studying Full Time?
How to Become CEO After 12th Science?
Reaching above to the post of CEO in any organization is always more about your experience, dedication and quality of proving yourself than which stream you have studied in the senior secondary. Being a Science or Commerce student can lead you only to the path of keeping the foundation to begin your career with.
Students who aspire of becoming a CEO after 12th Science must likely opt for graduation in any of the Commerce fields. However, suppose you are into engineering or other Science field during your under-graduation years. In that case, you can still pursue MBA further to build business management base and learn the required skills.
The maximum of skills and traits one requires for becoming a CEO is learned during the working years. No degree or course can provide you with the skills of leading a company, but your own journey can definitely do that.
What is the CEO Responsible For?
A CEO is responsible for meeting the goals, growth, policies and procedures of an organization. They manage both budget and financial aspects. CEOs are frequently on their toes, attending meetings, conferences, travelling within and even outside the countries, and taking the most significant decisions.
The job role of a CEO is extremely stressful and requires them to work endlessly for hours and days.
How Much Does a CEO Earn?
On an Average, CEO’s earn a hefty amount of 30 to 40 lakhs per annum. Moreover, depending upon the size and position of the organization they are working for, their annual salary package goes as much as ten crores or even above.
The process of continued learning is all that takes you to heights within your working career. Whether you dream of becoming a CEO after 12th Commerce of a leading company or acquiring any other leading post, you have to work dedicatedly towards it for years.
Also, it is not necessary that working in an organization for years leads to the CEO’s post. An employee must act smart and take calculative career decision at every step of his/ her journey. The process of becoming a CEO is too lengthy and time-consuming, but the position is worth it as well. Build your foundation stronger after 12th completion itself so that the pathway you head towards stay strong and grow stronger further.