Most top-earning CEOs in the United States have a college degree, and many hold advanced qualifications.
Based on our analysis, every highest-paid CEO across all states has at least a bachelor’s degree, and around two-thirds also have graduate degrees.
While high-profile exceptions like Mark Zuckerberg and Bill Gates are often cited, they are not typical.
For most executives, formal education remains a key part of their career path.
What degree do most CEOs have?
Business and engineering are the most common fields of study among top-earning CEOs.
- 37% studied business or finance
- 22% studied engineering
- 12% studied economics
- 12% studied social sciences, often political science
- 9% studied arts and humanities
- 2% studied natural sciences
What do most ceos major in?
Most CEOs who pursue postgraduate education choose business or law degrees, with MBAs being the most common.
- 74% earned a Master of Business Administration (MBA)
- 16% earned law degrees
This shows that advanced education for CEOs is typically focused on leadership, strategy, and business operations rather than specialized academic fields.

Do top CEOs attend elite universities?
No, most top-earning CEOs did not attend Ivy League schools.
Only a small number graduated from elite institutions, and fewer than half attended private universities.
Most studied at public colleges, with a smaller group attending universities outside the United States.
This shows that school prestige is not a requirement for reaching executive level.
What does this mean for your career path?
There is no single “correct” degree for becoming a CEO, but certain patterns are clear.
Business and engineering degrees appear most frequently because they align closely with how companies operate and grow.
However, a wide range of academic backgrounds can still lead to leadership roles.
A degree can support your career, but it is not the only factor.
Experience, decision-making ability, and leadership skills ultimately play a larger role over time.
What are the most recognized degrees for becoming a CEO?
Business and engineering are the most recognized degrees among top-earning CEOs.
In this dataset, 37% studied business or finance and 22% studied engineering, with smaller groups studying economics, social sciences, and other fields.
What degree does a CEO need?
There is no single degree required to become a CEO, but all top-earning CEOs in this dataset have at least a bachelor’s degree.
Most studied business-related or technical subjects, and many also hold postgraduate degrees such as an MBA.
Key takeaways
- Most top-earning CEOs have at least a bachelor’s degree
- Around two-thirds also hold graduate degrees, often an MBA
- Business and engineering are the most common fields of study
- Ivy League education is not required to reach executive level
- There is no single path, but practical, business-focused skills are most common
To share the static version of the chart on your site, please use the following embed code:
- Salisbury, I. (2018) This Map Shows the Highest Paid CEO In Every State. time.com
- The Associated Press. (2018) The highest-paid CEOs by state. financialpost.com
- Southern Company. (2018) Meet Tom, CEO of Southern Company. southerncompany.com
- GCI. (2018) GCI Executive Team. gci.com
- Salary.com. (2017) Compensation by Company. salary.com
- Walmart. (2018) Doug McMillon - President and CEO of Walmart. corporate.walmart.com
- Freeport-McMoRan. (2018) Corporate Governance - Executive Officers. fcx.com
- Bloomberg. (2018) Michael Rapino. bloomberg.com
- Qurate Retail Inc. (2018) Qurate Retail Inc Corporate Governance - Management. qurateretail.com
- Bryant, A. (2011) Sure, Take Me On. You Might Get a Promotion. nytimes.com
- Priceline Group. (2018) Priceline Investor Relations - Management Team. pricelinegroup.com
- Danaher. (2018) Danaher Executive Officers. danaher.com
- Incyte. (2018) Our Leadership. incyte.com
- IU News Room. (2010) New survey of CEOs’ alma maters highlights role of IU in producing corporate leaders. newsinfo.iu.edu
- Hix, C. (2001) Roper Industries, Inc. Names New Chief Executive Officer, Expects Q4 Revenue. impeller.net
- Bloomberg. (2018) Ronald Clarke. bloomberg.com
- Principal. (2018) Leadership - Senior Management Bios. principal.com
- Idacorp. (2018) Leadership. idacorpinc.com
- Mondelez International. (2018) Our Management Team.mondelezinternational.com
- Bloomberg. (2018) Company Overview of Mondelez International.bloomberg.com
- Anthem. (2018) About Anthem, Inc. antheminc.com
- Moon, J. (2015) UNC Charlotte ranks high among universities that produce Fortune 500 CEOs. inside.uncc.edu
- Bloomberg. (2018) Thomas Gentile. bloomberg.com
- Bloomberg. (2018) Company Overview of Humana Inc. bloomberg.com
- Bloomberg. (2018) Glen F. Post III. bloomberg.com
- Sarepta Therapeutics. (2018) Senior Leadership. sarepta.com
- Bloomberg. (2018) Company Overview of Discovery, Inc. bloomberg.com
- Wex. (2018) WEX Executive Team - Our Leadership. wexinc.com
- General Motors. (2018) Leadership. gm.com
- Ameriprise Financial. (2018) Corporate Leadership -James M. Cracchiolo. ameriprise.com
- World Economic Forum. (2018) People - Michael F. Neidorff. weforum.org
- Southeastern Louisiana University. (2015) MBA Lecture Series. southeastern.edu
- First Interstate Bank. (2015) Meet Kevin Riley. businesswire.com
- Bloomberg. (2018) Kevin Riley. bloomberg.com
- LendingTree. (2018) Meet the leadership. lendingtree.com
- Bucknell University. (2009) LendingTree Founder Doug Lebda ‘92. bucknell.edu
- Bloomberg. (2018) David Goodin. bloomberg.com
- Union Pacific. (2018) Executive Profiles. up.com
- Bloomberg. (2018) Lance Fritz. bloomberg.com
- Build America Mutual. (2018) Board of Directors. buildamerica.com
- Johnson & Johnson. (2018) Our Leadership Team - Alex Gorsky.jnj.com
- LinkedIn. (2018) Alex Gorsky. linkedin.com
- Bloomberg. (2018) Patricia Vincent-Collawn. bloomberg.com
- Forbes. (2018) Profile - Steve Wynn. forbes.com
- Bloomberg. (2018) Frank Bisignano. bloomberg.com
- Bloomberg. (2018) W. Nicholas Howley. bloomberg.com
- Chesapeake Energy. (2018) Management Team - Robert D. Lawler. chk.com
- Wilmoth, A. (2013) Doug Lawler talks about his new job as the second CEO of Chesapeake Energy Corp. newsok.com
- Bloomberg. (2018) Mark G. Parker. bloomberg.com
- Comcast. (2018) Leadership - Brian. L Roberts. corporate.comcast.com
- Bloomberg. (2018) Company Overview of Comcast Corporation. bloomberg.com
- Textron. (2018) Executive Profile - Scott C. Donnelly.investor.textron.com
- Schrum, R. (2012) M. Jack Sanders to Become Chief Executive Officer of Sonoco. investor.sonoco.com
- Bloomberg. (2018) J. Tyler Haahr. bloomberg.com
- Meta Financial Group. (2018) Biography - J. Tyler Haahr.metafinancialgroup.com
- Discovery. (2018) Leadership - Kenneth W. Lowe.corporate.discovery.com
- AT&T Communications. (2018) Corporate Governance - Leadership. investors.att.com
- Varex Imaging. (2018) Our Leadership Team. vareximaging.com
- Forbes. (2018) Profile - Phebe Novakovic. forbes.com
- Hobbes, M. (2015) Outstanding Alumnae Named 2016 Smith Medalists. smith.edu
- Bloomberg. (2018) Mark Okerstrom. bloomberg.com
- United Bank. (2018) Executive Leadership. bankwithunited.com
- Heath, T. (2016) United Bankshares’ expansion built on CEO’s ‘let’s make a deal’ approach. washingtonpost.com
- Exact Sciences. (2018) Kevin Conroy. exactsciences.com
- Bloomberg. (2018) Kevin Conroy. bloomberg.com
- Cloud Peak Energy. (2018) Colin Marshall. cloudpeakenergy.com





