BUSINESS Zone 5: Extensive Preparation

Chief Executives

With a national median of $213,990 and +3.2% projected job growth through 2035, Chief Executives offers both strong financial return and stable long-term demand.

About Chief Executives

This page sets out what the federal data says about working as a chief executives: what the job pays, how fast it is growing, and what it takes to get in. Most people arrive through a degree in Business Administration and what it leads to, though it is not the only route.

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.


Median Wage
$213,990
Employed Nationally
204K
Openings / Year
19,100
Entry Education
Bachelor's degree
Job Zone
Zone 5: Extensive Preparation

Also known as:

Aeronautics Commission Director Agency Owner Agricultural Services Director Arts and Humanities Council Director Bank President

How Much Do Chief Executives Make?

Most chief executives take home around $213,990 a year, well above what most college graduates make. Half earn somewhere between $129,540 and $356,200, so where you land depends a lot on employer, specialty and city. Worth weighing against how long the training takes. Source: BLS.

A wage on its own says nothing about whether the degree behind it pays for itself, which is a question of lifetime earnings set against the total cost of getting there.

$213,990
National Median (Annual)

Well above average for college graduates.

$130K–$356K
Middle 50% Range

25th to 75th percentile. Most workers earn within this band.


Earnings Range

The mean wage for this occupation is $269,630, above the median. A concentration of very high earners pulls the average up. The median is the better gauge of typical pay.

What Do Chief Executives Do?

This is what the job actually looks like on a Tuesday: 5 core activities and 5 skills the work depends on. Read it before the salary, because pay matters less than whether you would want to spend your days doing this. Source: O*NET.

What You'll Do

  • Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
  • Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
  • Prepare budgets for approval, including those for funding or implementation of programs.
  • Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
  • Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.

Core Skills Employers Look For

Judgment and Decision Making Complex Problem Solving Critical Thinking Systems Evaluation Management of Personnel Resources

Who Thrives Here

E
Enterprising

Leadership, influence, and business acumen are rewarded here, where managing teams, driving decisions, or persuading others shapes career outcomes.

E
Enterprising

Leadership, influence, and business acumen are rewarded here, where managing teams, driving decisions, or persuading others shapes career outcomes.

C
Conventional

Success depends on precision and structured processes, where detail-oriented people who work consistently within established systems perform best.

Where Do Chief Executives Work?

What the physical and mental conditions of this job actually look like day to day, based on O*NET Work Context data collected from people working in this occupation.

Work Setting
Mixed

Split between indoor and outdoor or field settings.

Physical Demands
Light

Mix of sitting and movement throughout the day.

Stress Level
Moderate

Moderate pressure. Regular deadlines exist but are generally manageable with experience.

What Is the Job Outlook for Chief Executives?

Through 2035 the BLS expects this field to change by +3.2%, meaning it is growing slowly, a little behind the average job. Around 19,100 roles open up each year, which is the number that matters most if you are starting out. Source: BLS.

Growth rates are only meaningful next to other occupations, and the full list of careers with their projected growth puts this one in context.

↗ +3.2%
10-Year Growth (2025–2035)

About as fast as average.

19,100
Annual Openings

New positions plus replacements for retirees and career-changers.

204K
Currently Employed

Total US employment as of BLS May 2025.

Source: BLS Employment Projections 2025–2035 and Occupational Employment and Wage Statistics May 2025.

Where the Jobs Are

The five states below employ the most Chief Executives professionals nationwide. State-level wages can differ significantly from the $213,990 national median. Research your specific market before committing to a program.

# State Jobs Median Wage vs. National
1 California 34,700 $218,600 +2.2%
2 Pennsylvania 8,850 $232,560 +8.7%
3 Texas 8,780 $257,850 +20.5%
4 New York 8,430 $257,980 +20.6%
5 Minnesota 6,740 $195,670 -8.6%

Source: BLS Occupational Employment and Wage Statistics, May 2025. Employment figures rounded. Read our methodology →

How to Get Here

To get hired here you will usually need a bachelor's degree. The 7 programs below are the most common routes in, ordered by how many people actually graduate from each one.

The next most common path is a Finance program and the colleges offering it, which suits a different kind of applicant.

Bachelor's degree
Zone 5: Extensive Preparation

Extensive education (usually a master's or doctoral degree) plus years of field experience is required to qualify for most positions.


Degree Programs That Lead Here

# Program Graduates/yr 4yr Median Colleges
1 Business Administration 395,227 $68,257 2,611
2 Finance 58,013 $83,343 949
3 Business 57,204 $68,407 933
4 Management Sciences 56,747 $86,176 593
5 Public Administration 15,867 $65,093 496
6 Entrepreneurship 12,707 $61,027 919
7 International Business 7,505 $73,201 574

Top Colleges for Aspiring Chief Executives

Colleges offering the degree programs that lead to this career, ranked by UCD Score. A strong program plus solid outcomes is a good place to begin your search.

# College UCD Score Net Price Salary 10yr
1 United States Coast Guard Academy New London, CT 96 — —
2 United States Air Force Academy USAF Academy, CO 96 — —
3 United States Military Academy West Point, NY 96 — —
4 CUNY Bernard M Baruch College New York, NY 93 $3,033 $75,971
5 University of California-Los Angeles Los Angeles, CA 93 $12,548 $82,511
6 University of California-San Diego La Jolla, CA 93 $12,470 $84,943

Plan Your Path

Once you've sized up Chief Executives, these tools turn the numbers into a plan. Estimate the real cost of a degree that leads here, weigh the long-term payoff, compare specific colleges side-by-side, and find programs that match your profile.

Chief Executives Pros & Cons

The data on Chief Executives shows 3 measurable strengths and 1 real trade-offs. All points are drawn from BLS wage data, employment projections, and IPEDS program completions.

PROS
  • Very high median salary The national median of $213,990 places this career well above average for college graduates, with significant upside at the 75th percentile.
  • High earning ceiling Top earners (75th percentile) reach $356,200 annually. Strong performers, specialists, and those in high-cost markets have significant upside beyond the median.
  • Wide job market 204K professionals are employed in this field, large enough to offer geographic flexibility and multiple entry paths.
CONS
  • Extensive preparation before reaching full earning potential This is a Job Zone 5 occupation, extensive education (usually a master's or doctoral degree) plus years of field experience is required to qualify for most positions. Most workers in this field spend their first several years at entry-level pay well below the $213,990 median while building the experience employers require.

Chief Executives Frequently Asked Questions

How much do Chief Executives professionals earn?
Around $213,990 a year for the typical worker, well into the top quartile of US wages. The middle 50% of earners fall between $129,540 and $356,200. Treat the national figure as a starting point rather than a promise: employer size, industry and city all move it.
Is Chief Executives a good career?
Yes, for the right person, but the commitment is significant. The $213,990 median wage reflects years of training most workers invest, and the path to a first career-level role typically spans 8 to 12 or more years. Job growth of +3.2% through 2035 means demand is real. The harder question is whether the education investment at your specific program will pay off. School selection matters enormously at this preparation level.
How long does it take to work as Chief Executives?
Plan on 8 to 12 or more years of combined education and supervised training before qualifying for career-level roles. A bachelor's degree is the typical minimum credential. Degree programs like Business Administration are typical entry paths. Early-career pay during this ramp-up period will be meaningfully below the $213,990 national median. Factor that gap into any program ROI calculation.
What is the job outlook for Chief Executives?
Employment is projected to change by +3.2% through 2035, about as fast as average compared with other occupations. Around 19,100 roles open each year once you count people retiring and moving on, which matters more to someone starting out than the growth rate does. 204K people do this job nationwide today, so it is an established field rather than a niche one. Source: BLS May 2025.
Why do Chief Executives salaries vary so widely?
The $226,660 gap between the 25th ($129,540) and 75th ($356,200) percentile reflects how much employer type, industry, specialization, and geography affect pay. Entry-level roles and lower-demand markets cluster near the bottom; senior, specialized, or high-cost-metro positions push the top. In fields with this much spread, where you work and what you specialize in often matters more than years of experience.
What skills do Chief Executives professionals need?
Mainly Judgment and Decision Making, Complex Problem Solving, Critical Thinking, Systems Evaluation, and Management of Personnel Resources. Notice how many of those are habits rather than facts: they come from doing the work, not from a lecture. That is why programs with an internship or co-op requirement put you ahead of people who only studied the theory. Source: O*NET.

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