News: Engineering-MBA still is winning formula to become CEO

C-Suite

Engineering-MBA still is winning formula to become CEO

What’s the classic recipe for corporate success? Get an engineering degree and top it up with an MBA from a premier B-school. This formula will help you scale the corporate ladder to the seat of the CEO, according to a report in Economic Times. Not surprisingly then, a majority of Indian CEOs have taken this predictable route to the echelons of corporate power.

What’s the classic recipe for corporate success? Get an engineering degree and top it up with an MBA from a premier B-school. This formula will help you scale the corporate ladder to the seat of the CEO, according to a report in Economic Times. Not surprisingly then, a majority of Indian CEOs have taken this predictable route to the echelons of corporate power.

To understand how best to navigate your way into the corner office, TOI commissioned global recruitment firm Randstad to go deep into CEOs' CVs, the report said. They found that 45 per cent of them were equipped with engineering degrees at the undergraduate level, out of which 78 per cent had gone on and completed postgraduation as well.

What is significant, though, is that 64 per cent of those who pursued a postgraduate degree went for an MBA, according to the study which was conducted among the BSE 100 firms. Additionally, 42 per cent of the CEOs finished their MBA degrees from top management schools such as the IIMs, XLRI, Harvard, Stanford and Wharton.

Read the full report here

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Topics: C-Suite, #Updates

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