In the fiercely competitive business world today, the role of a CEO is the height of success in the business arena. The highly ambitious, therefore, consider various paths that will lead them to such a coveted leadership role. An MBA, or Master of Business Administration, is usually considered a stepping stone toward higher-level leadership roles. The question, however, is how an individual becomes a CEO after obtaining an MBA. For instance, is getting an MBA a requirement for such leadership? If so, which are the best business schools for those who want to become a CEO? These are two very vital questions that will be explored in this blog.
How to Become a CEO After an MBA
Choose the Right Specialization
Choosing the right area for specializing in an MBA program is very important. The foundation of a CEO in business disciplines, such as finance, strategy, operations, and management, is a sound one. The types of specializations that would be relevant to the kind of industry you are targeting would certainly make you stand out and be able to provide a background that equips you with hands-on skills for being a top executive of an organization.
Gain relevant work experience
While an MBA forms a good foundation, work experience is given equal weightage. Those eyeing the role of a CEO typically have a wealth of relevant experience in various positions, especially in management and leadership roles. Your career can start with a business analyst or project manager where you may potentially gain the necessary knowledge and skills to run a business through the gradual progression of your career.
Create a strong professional network
Networking has become one of the very crucial ingredients in the corporate world as far as growth is concerned. As you are studying during your MBA course, make sure to network through attending alumni events, guest lectures, and internships. Building relationships with professional people in your field of interest may open you to a whole new opportunity or mentorship, which can be influential in a CEO role.
Develop and nurture leadership skills
It means that they do not just require knowledge of business but strong leadership skills as well. Be keen to take up leadership positions, try to manage projects, or take a proactive role in all group assignments during your MBA course. Participate in extracurricular activities that can enhance your leadership skills, such as joining some student organizations, clubs, etc., or doing community service.
Also, read this blog post: How an MBA Can Give You a Competitive Edge in Entrepreneurship
Learning and constantly improving oneself
The business world changes continuously, and great chief executive officers take an approach to learning that lasts a lifetime. If you like executive education programs or certifications, do it after your MBA for additional refinement of your skillset. The only way to cut it in the ever-evolving field is by keeping yourself updated with the trends and innovations in the industry.
Connect with mentors
Seek mentorship for important advice and recommendations based on personal experiences. Mentorship will guide your path for career development, provide critical advice, and open up networks in the industry to critical connections.
