Want to study like a (literal) boss? Based on this inforgraphic by Entrepreneur Philippines, we take a quick look at the educational attainments of the country's top CEO based on short biographies in company annual reports, and found that only less than half of the chief executives of the Philippines’ 100 most valuable firms listed at the Philippine Stock Exchange (PSE) have a graduate degree.
Of the hundred CEOs of the top 100 listed firms, only 43 reported they possess either a master’s or a doctorate degree. Of these, 37 finished master’s degrees and six graduated with PhDs.
But those who bothered to pursue advanced studies invested not just time but also money and effort into it. As expected, a vast majority of those with graduate degrees—88 percent to be exact—pursued business-related courses such as Business Administration, Business Management, Economics or Finance. All these fields are highly relevant to running a business.
The school with the biggest number of CEO graduates is the Asian Institute of Management (AIM), an international business school located in Makati City, with eight graduates. The AIM is considered one of the region’s oldest business schools.
Though AIM is based in the Philippines, majority or 53 percent of the CEOs graduated from schools abroad, specifically the United States. The University of Chicago leads the list with five CEO graduates, followed by Northwestern University with four. Other schools include Harvard University, Massachusetts Institute of Technology, University of Michigan and University of Pennsylvania.
Local schools were led by the Ateneo de Manila University, which had four alums among the CEOs with graduate degrees. It is followed by the University of Santo Tomas with three.
Of course, being a CEO is not a prerequisite to getting post-graduate studies. In fact, it can help supplement your skills by updating you on the current best practices of your industry. So if you can, do invest in your further education. There's pretty much nothing to lose.
This story originally appeared on Entrepreneur.com.ph.
*Minor edits have been made by FemaleNetwork.com editors.