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Online Business Schools
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American InterContinental University Online (Business, Tech,
Design)
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Capella University (Business, Tech, Psychology)
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DeVry
University Online (Business, Design, IT)
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DeVry University's Keller Graduate School of
Management
(MBA, Tech)
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Everest University Online (Business, Criminal Justice, Paralegal)
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Ellis
College (MBA)
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ITT
Tech Online (IT, Tech)
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Jones International University Online (Business, MBA)
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Kaplan College Online (Business, IT, Paralegal, Criminal Justice,
Health Care)
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Norwich University Online (MBA Program)
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Regis University Online (MBA Program)
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Saint Leo University Online (Business, Tech, Liberal
Arts)
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University of Liverpool Online (MBA, MSc in IT)
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University of Phoenix Online (Business, MBA, Nursing, Tech)
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Walden University (Management, MBA, Phd, Psychology, Human
Services)
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Warren National University
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WIU Interactive Online (Business, Tech)
More on Business Organizations
All organizations have specific goals and objectives that they
strive to meet. Top executives devise strategies and formulate
policies to ensure that these objectives are met. Although they have
a wide range of titles—such as chief executive officer, chief
operating officer, board chair, president, vice president, school
superintendent, county administrator, or tax commissioner—all
formulate policies and direct the operations of businesses and
corporations, nonprofit institutions, governments, and other
organizations.
A corporation’s goals and policies are established by the
chief executive officer in collaboration with other top
executives, who are overseen by a board of directors. In a large
corporation, the chief executive officer meets frequently with
subordinate executives to ensure that operations are conducted in
accordance with these policies. The chief executive officer of a
corporation retains overall accountability; however, a chief
operating officer may be delegated several responsibilities,
including the authority to oversee executives who direct the
activities of various departments and implement the organization’s
policies on a day-to-day basis. In publicly held and nonprofit
corporations, the board of directors ultimately is accountable for
the success or failure of the enterprise, and the chief executive
officer reports to the board.
The nature of other high-level executives’ responsibilities
depends upon the size of the organization. In large organizations,
the duties of such executives are highly specialized. Some managers,
for instance, are responsible for the overall performance of one
aspect of the organization, such as manufacturing, marketing, sales,
purchasing, finance, personnel, training, administrative services,
computer and information systems, property management,
transportation, or the legal services department.
Earnings Potential for Executive Business
Professionals
Top executives are among the highest paid workers in the U.S.
economy. However, salary levels vary substantially depending upon
the level of managerial responsibility, length of service, and type,
size, and location of the firm. For example, a top manager in a very
large corporation can earn significantly more than a counterpart in
a small firm.
Median annual earnings of general and operations managers in 2002
were $68,210. The middle 50 percent earned between $45,720 and
$104,970. Because the specific responsibilities of general and
operations managers vary significantly within industries, earnings
also tend to vary considerably. Median annual earnings in the
industries employing the largest numbers of general and operations
managers in 2002 were:
| Management of companies and enterprises |
$94,600 |
| Building equipment contractors |
74,550 |
| Depository credit intermediation |
68,110 |
| Local government |
60,470 |
| Grocery stores |
44,980 |
Median annual earnings of chief executives in 2002 were $126,260.
Median annual earnings in the industries employing the largest
numbers of chief executives in 2002 were:
| Management of companies and enterprises |
$145,600 |
| Architectural, engineering, and related
services |
133,880 |
| Depository credit intermediation |
123,220 |
| Colleges, universities, and professional
schools |
103,120 |
| Local government |
73,990 |
Salaries vary substantially by type and level of responsibilities
and by industry. According to a survey by Abbott, Langer &
Associates, the median income of chief executive officers in the
nonprofit sector was $81,000 in 2003, but some of the highest paid
made $600,000.
Bureau of Labor Statistics, U.S. Department of
Labor, Occupational Outlook
Handbook, 2004-05 Edition,
Top Executives
If
you can't find a school near you, try our
College Search Engine
NOTE: People that
have graduated from college earn an average of 98% more
income than people that have not completed college.
People that have completed a master's degree earn 170%
more! This gap is widening. (Source: US Department of
Commerce.)....(more)
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