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Career and Education Opportunities for Chief Executive Officers in Madison, Wisconsin

If you want to be a chief executive officer, the Madison, Wisconsin area offers many opportunities both for education and employment. There are currently 5,580 working chief executive officers in Wisconsin; this should shrink 2% to 5,490 working chief executive officers in the state by 2016. This is not quite as good as the national trend for chief executive officers, which sees this job pool shrinking by about 1.4% over the next eight years. Chief executive officers generally determine and formulate policies and provide the overall direction of companies or private and public sector organizations within the guidelines set up by a board of directors or similar governing body.

The income of a chief executive officer is about $72 hourly or $151,610 annually on average in Wisconsin. In the U.S. as a whole, their income is about $76 hourly or $158,560 yearly on average. Compared with people working in the overall category of Computer and Operations, people working as chief executive officers in Wisconsin earn more. They earn more than people working in the overall category of Computer and Operations nationally. Chief executive officers work in a variety of jobs, including: water commissioner, store manager, and regional wildlife agent.

There are six schools within twenty-five miles of Madison where you can study to be a chief executive officer, among thirteen schools of higher education total in the Madison area. Chief executive officers usually hold a Bachelor's degree, so you can expect to spend about four years training to become a chief executive officer if you already have a high school diploma.

CAREER DESCRIPTION: Chief Executive Officer

In general, chief executive officers determine and formulate policies and provide the overall direction of companies or private and public sector organizations within the guidelines set up by a board of directors or similar governing body. They also plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Chief executive officers talk with board members, organization officials, and staff members to consider issues and resolve problems. They also appoint department heads or managers and assign or delegate responsibilities to them. Equally important, chief executive officers have to direct human resources efforts, including the approval of human resource plans and efforts, the selection of directors and other high-level staff, and establishment and organization of major departments. They are often called upon to inspect reports submitted by staff members to recommend approval or to suggest changes. They are expected to ready budgets for approval, including those for funding and implementation of programs. Finally, chief executive officers negotiate or approve contracts and agreements with suppliers, distributors, federal and state agencies, and other organizational entities.

Every day, chief executive officers are expected to be able to speak clearly. They need to think through problems and come up with general rules. It is also important that they piece together evidence to, in some sense, diagnose what is going on in a situation.

It is important for chief executive officers to deliver speeches and present data at meetings or conventions to promote services and accomplish objectives. They are often called upon to preside over or serve on boards of directors or other governing boards. They also direct non-merchandising departments such as advertising and accounting. They are sometimes expected to direct and schedule efforts of businesses or departments concerned with production or distribution of products. Somewhat less frequently, chief executive officers are also expected to organize and approve promotional campaigns.

Chief executive officers sometimes are asked to administer programs for selection of sites, development of buildings, and provision of equipment and supplies. They also have to be able to interpret and explain policies, rules and laws to organizations, government and corporate officials, and individuals And finally, they sometimes have to preside over or serve on boards of directors or other governing boards.

Like many other jobs, chief executive officers must have exceptional integrity and be able to take change and lead.

Similar jobs with educational opportunities in Madison include:

  • Academic Director. Plan, direct, or coordinate research, instructional, student administration and services, and other educational activities at postsecondary institutions, including universities, and junior and community colleges.
  • Administrator. Plan, direct, or coordinate supportive services of an organization, such as recordkeeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.
  • Business Administrator. Plan, direct, or coordinate the operations of companies or public and private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Includes owners and managers who head small business establishments whose duties are primarily managerial.
  • Comptroller. Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
  • Computer Operations Manager. Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, and computer programming.
  • Food Service Manager. Plan, direct, or coordinate activities of an organization or department that serves food and beverages.
  • Industrial Production Manager. Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.
  • Marketing Manager. Determine the demand for products and services offered by a firm and its competitors and identify potential customers. Develop pricing strategies with the goal of maximizing the firm's profits or share of the market while ensuring the firm's customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
  • Natural Resources Specialist. Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, and research and development in these fields.
  • Shipping Receiving Manager. Plan, direct, and coordinate the storage and distribution operations within an organization or the activities of organizations that are engaged in storing and distributing materials and products.

EDUCATIONAL OPPORTUNITIES: Chief Executive Officer Training

Edgewood College - Madison, WI

Edgewood College, 1000 Edgewood College Drive, Madison, WI 53711-1997. Edgewood College is a small college located in Madison, Wisconsin. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,544 students and an admission rate of 76%. Edgewood College has 2 areas of study related to Chief Executive Officer. They are:

  • International Relations and Affairs, bachelor's degree which graduated 1 student in 2008.
  • Business Administration and Management, bachelor's degree which graduated 26 students in 2008.

Herzing College - Madison, WI

Herzing College, 5218 E. Terrace Dr., Madison, WI 53718. Herzing College is a small college located in Madison, Wisconsin. It is a private for-profit school with primarily 4-year or above programs and has 2,085 students. Herzing College has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated fifteen and forty-nine students respectively in 2008.

University of Phoenix-Madison Campus - Madison, WI

University of Phoenix-Madison Campus, 2310 Crossroads Dr. Ste 3000, Madison, WI 53718-2416. University of Phoenix-Madison Campus is a small university located in Madison, Wisconsin. It is a private for-profit school with primarily 4-year or above programs and has 55 students. University of Phoenix-Madison Campus has a bachelor's degree and a master's degree program in Business Administration and Management which graduated one and ten students respectively in 2008.

Madison Area Technical College - Madison, WI

Madison Area Technical College, 3550 Anderson St, Madison, WI 53704. Madison Area Technical College is a large college located in Madison, Wisconsin. It is a public school with primarily 4-year or above programs and has 14,553 students. Madison Area Technical College has an associate's degree program in Business Administration and Management which graduated fifty students in 2008.

University of Wisconsin-Madison - Madison, WI

University of Wisconsin-Madison, 500 Lincoln Dr, Madison, WI 53706-1380. University of Wisconsin-Madison is a large university located in Madison, Wisconsin. It is a public school with primarily 4-year or above programs. It has 41,581 students and an admission rate of 63%. University of Wisconsin-Madison has 4 areas of study related to Chief Executive Officer. They are:

  • Public Policy Analysis, master's degree which graduated 34 students in 2008.
  • International Relations and Affairs, master's degree which graduated 20 students in 2008.
  • Business Administration and Management, bachelor's degree and master's degree which graduated thirty-one and twelve students respectively in 2008.
  • International Business/Trade/Commerce, bachelor's degree which graduated 17 students in 2008.

Blackhawk Technical College - Janesville, WI

Blackhawk Technical College, 6004 County Road G, Janesville, WI 53547-5009. Blackhawk Technical College is a small college located in Janesville, Wisconsin. It is a public school with primarily 2-year programs and has 2,755 students. Blackhawk Technical College has an associate's degree program in Business Administration and Management which graduated six students in 2008.

CERTIFICATIONS

Certified Corrections Executive: This category includes individuals at the highest level of adult and juvenile corrections who oversee the development and implementation of policies and procedures.

For more information, see the American Correctional Association website.

Certified Corrections Executive/Juvenile: This category includes individuals at the highest level of juvenile corrections who oversee the development and implementation of policies and procedures.

For more information, see the American Correctional Association website.

Associate in Risk Management: The Insurance Institute of America's newly revised Associate in Risk Management (ARM) designation program will teach your employees the practical, relevant skills they need to help manage risk at all levels of your company.

For more information, see the American Institute for CPCU and Insurance Institute of America website.

Associate in Risk Management for Public Entities: The Insurance Institute of America's newly revised Associate in Risk Management (ARM) designation program will teach your employees the practical, relevant skills they need to help manage risk at all levels of your company.

For more information, see the American Institute for CPCU and Insurance Institute of America website.

CIAC-Certified Strategic Leader: The Strategic Leader designation is applicable to executives who are responsible for the leadership and strategic management of a contact center.

For more information, see the Call Center Industry Advisory Council website.

Certified Manager: Certified Manager certification is valued for the credibility and recognition it brings to managers and the organizations for which they work.

For more information, see the Institute of Certified Professional Managers website.

Certified Economic Developer: Economic development organizations need professionals who possess the expertise to combat new challenges that emerge in a constantly changing industry.

For more information, see the International Economic Development Council website.

Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.

For more information, see the Investment Management Consultants Association website.

Specialist in Housing Credit Management: The Specialist in Housing Credit Management(SHCM) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program.

For more information, see the National Affordable Housing Management Association website.

Certified Collegiate Retailer: Every journey has a destination-make yours the Certified Collegiate Retailer (CCR) designation.

For more information, see the National Association of College Bookstores website.

Certified Associate in Project Management: As project management grows in scope, importance and recognition, so do the related career and credential options available to you.

For more information, see the Project Management Institute website.

Program Management Professional: Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program.

For more information, see the Project Management Institute website.

Certified Transfer Station Technical Associate: This certification was developed to address the increased interest in transfer stations and provide transfer station managers and others the opportunity to learn more about transfer station design and operation.

For more information, see the Solid Waste Association of North America website.

Certified Chamber Executive: Earn the only national certification for chamber professionals! The CCE program is designed to assess the applicant's knowledge of the four core chamber management areas - management, planning and development, membership and communications, and operations.

For more information, see the The American Chamber of Commerce Executives website.

LOCATION INFORMATION: Madison, Wisconsin

Madison, Wisconsin
Madison, Wisconsin photo by Dori

Madison is situated in Dane County, Wisconsin. It has a population of over 231,916, which has grown by 11.5% in the past ten years. The cost of living index in Madison, 86, is well below the national average. New single-family homes in Madison are valued at $243,800 on average, which is near the state average. In 2008, one hundred forty-eight new homes were constructed in Madison, down from three hundred seventy-four the previous year.

The top three industries for women in Madison are educational services, health care, and finance and insurance. For men, it is educational services, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 18 minutes. More than 48.2% of Madison residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 20.9%, is higher than the state average.

The unemployment rate in Madison is 5.2%, which is less than Wisconsin's average of 7.7%.

The percentage of Madison residents that are affiliated with a religious congregation, 52.5%, is more than the national average but less than the state average. Gates of Heaven Synagogue, Abundant Life Church and Grace Episcopal Church are some of the churches located in Madison. The most common religious groups are the Catholic Church, the Evangelical Lutheran Church in America and the United Methodist Church.

Madison is home to the Allen Centennial Gardens and the Annie C Stewart Memorial Fountain as well as Bordner Park and Brigham Park. Shopping centers in the area include Brookwood Village Shopping Center, Whitney Square Shopping Center and Walnut Grove Shopping Center. Visitors to Madison can choose from Comfort Inn Madison, Howard Johnson-Plaza Hotel and Country Inn Sts Madison for temporary stays in the area.