If you believe you have the work experience and educational background for the position, read COO job descriptions and highlight relevant work experience that can qualify you. A chief operating officer's salary varies based on the area of expertise, level of experience, education, certifications, and other factors. COO requirements are generally the same as top executives and may vary by organization, industry, and position. Typically, these professionals work their way up from lower-level positions. To be considered for a COO position, one needs a combination of education and significant experience. In fact, to perform them, the chief operating officer At the master's level, students may wish to begin specializing in business areas more closely related to management or the position they are targeting in their career. Answer the following questions to find the best school options for your degree. If they're already registered, it's possible to skip this step by completing an RN-to-MSN degree program. Other titles to describe this role include President, General Manager, Managing Director, among others. The COO must help effectively grow the company and ensure its financial strength and operating efficiency. Look at job-search resources like Indeed.com, Monster.com, and Glassdoor.com for available positions. Chief executives often travel to conferences, meetings, and different business units of their company. Prospective chief operating officers are required to hold two business degrees, the first being a Bachelor of Business Administration (BBA). (Chief Operating Officer (COO): Job Description, Education & Salary. The path to become a chief operating officer (COO) can differ from one industry to another, and it may also depend on what type of corporation you want to work for. There isn't one agreed-upon list of what the job entails, and the role may also have different titles depending on the organization. This ability is a crucial characteristic of a successful, well-respected COO. COO (Chief Operating Officer) is a title used to describe a high-ranking operations executive manager in a private or publicly traded organization. Individuals should choose the company they like the most and feel they could contribute to overall job satisfaction. Chief Operating Officer (COO): Job Description, Education & Salary. By using The Balance Careers, you accept our. There is no one way to go about getting this job, but you will typically need a business administration degree in addition to extensive work experience. Source: U.S. Bureau of Labor Statistics, 2018. Find Schools. Officer Business Forum Professional Development for the COO and the Second-in-Command We are a professional development association of Second-in-Command Executives: Chief Operating Officers, Operating CFOs, General Managers, Divisional Presidents, Operating CIOs, and Executive Vice Presidents. Once they have completed the undergraduate program, candidates can enroll into a Master of Business Administration program, usually regarded as the minimal degree required to become a chief operating officer. What Can You Do With a PhD in Political Science? Look for jobs in companies that allow you to move around and gain experience in different departments, or companies that have a management-training track that helps you gain more exposure to all of the company's various operations. They earn a median annual salary of $183,270, reports the Bureau of Labor Statistics, but individual earnings can vary greatly based on the size of the organization and the industry, as well as the individual’s responsibilities. Study.com, 14 Jan 2021 published. While working in a management position, some nurses may choose to pursue degrees that enhance their knowledge of administrative practices… A chief nursing officer plays a powerful and invaluable role in the operation of a hospital. Depending on the industries, median annual wages could vary from government at $110,230 to manufacturing at $208,000 or more for top executives. They risk losing their jobs in a poorly performing organization. Included at both the bachelor's and master's level of degrees should be a flexible list of accounting and finance (budget and profitability), marketing and sales (achieving product fundamentals and availability), and information systems (enterprise software, operations, and measurement). 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