Chief Executives and Managing Directors determine, formulate and review the general policy programs and the overall direction of organisations within the framework established by boards of directors and similar governing bodies.

Also known as: Chief Executive Officer.

Specialisations: Director-General, Executive Director, Secretary (Government Department).

Extensive managerial experience is needed to work as a Chief Executive or Managing Director. Formal qualifications might be useful but aren't essential. Chief Executives and Managing Directors often have university qualifications.

Tasks

  • determining objectives, strategies, policies and programs for organisations
  • providing overall direction and management to organisations
  • authorising material, human and financial resources to implement organisational policies and programs
  • monitoring and evaluating performance of organisations against organisational objectives and strategies
  • consulting with senior subordinate staff and reviewing recommendations and reports
  • preparing, or arranging for the preparation of, reports, budgets and forecasts and presenting them to governing bodies
  • representing the organisation at official occasions, in negotiations, at conventions, seminars, public hearings and forums, and liaising between areas of responsibility
  • selecting and approving the selection of senior staff
  • ensuring the organisation complies with company laws and other relevant legislation

All Chief Executives and Managing Directors

  • Unavailable Weekly Pay
  • Strong Future Growth
  • Lower unemployment Unemployment
  • 62,800 workers Employment Size
  • Very high skill Skill level rating
  • 88% Full-Time Full-Time Share
  • 52 hours Average full-time
  • 50 years Average age
  • 21% female Gender Share

The number of people working as Chief Executives and Managing Directors (in their main job) is about the same as 5 years ago and is expected to grow strongly over the next 5 years:
from 62,800 in 2018 to 68,600 by 2023.
Job openings can come from new jobs being created, but most come from turnover (workers leaving).
There are likely to be around 31,000 job openings over 5 years (that's about 6,200 a year).

  • Size: This is a very large occupation.
  • Unemployment: Unemployment was below average in 2018.
  • Location: Chief Executives and Managing Directors work in many regions of Australia.
  • Industries: They work in many industries such as Professional, Scientific and Technical Services; Manufacturing; and Health Care and Social Assistance.
  • Full-time: Most work full-time (88%, much higher than the average of 66%).
  • Hours: Full-time workers spend around 52 hours per week at work (compared to the average of 44 hours).
  • Age: The average age is 50 years (compared to the average of 40 years). Many workers are 45 years or older (69%).
  • Gender: 21% of workers are female (compared to the average of 48%).

Employment Outlook

Number of Workers

Source: ABS Labour Force Survey, Department of Jobs and Small Business trend data to May 2018 and Department of Jobs and Small Business projections to 2023.
YearNumber of Workers
200845000
200946300
201065800
201154000
201276800
201363700
201449200
201553400
201661100
201746700
201862800
202368600

Weekly Earnings

Weekly Earnings (Before Tax)

No data is available for the selected graph for this Occupation.

Main Industries

Main Employing Industries (% Share)

Source: Based on ABS Census 2016, Customised Report. Industries are based on the Australian and New Zealand Standard Industrial Classification (ANZSIC 06).
Main Employing IndustriesIndustry (% share)
Professional, Scientific and Technical Services17.6
Manufacturing11.7
Health Care and Social Assistance7.9
Construction7.6
Other Industries55.2

States and Territories

  • NSW

  • VIC

  • QLD

  • SA

  • TAS

  • NT

  • ACT

Employment by State and Territory (% Share)

Source: Based on Based on ABS Census 2016, Customised Report. Share of workers across Australian States and Territories, in this job compared to the all jobs average.
StateChief Executives and Managing DirectorsAll Jobs Average
NSW33.831.6
VIC28.025.6
QLD16.720.0
SA6.47.0
WA10.410.8
TAS1.72.0
NT1.01.0
ACT2.01.9

Age Profile

Age Profile (% Share)

Source: Based on Based on ABS Census 2016, Customised Report. Age profile of workers in this job compared to the all jobs average.
Age BracketChief Executives and Managing DirectorsAll Jobs AverageAll Jobs Average
15-190.0-5.05.0
20-240.5-9.39.3
25-347.9-22.922.9
35-4422.7-22.022.0
45-5434.0-21.621.6
55-5914.6-9.09.0
60-6410.2-6.06.0
65 and Over10.1-4.24.2

Education Level

Highest Level of Education (% Share)

Source: ABS, ABS Census 2016, Customised Report. Highest qualification completed by workers in this job (in any field of study). Qualifications needed by new workers might be different from the qualifications of workers already in the job.
Type of QualificationChief Executives and Managing DirectorsAll Jobs AverageAll Jobs Average
Post Graduate/Graduate Diploma or Graduate Certificate22.8-10.110.1
Bachelor degree31.1-21.821.8
Advanced Diploma/Diploma12.3-11.611.6
Certificate III/IV13.7-21.121.1
Year 1212.3-18.118.1
Year 112.5-4.84.8
Year 10 and below5.3-12.512.5

Extensive managerial experience is needed to work as a Chief Executive or Managing Director. Formal qualifications might be useful but aren't essential. Chief Executives and Managing Directors often have university qualifications.

Thinking about study or training?

Before starting a course, check it will provide you with the skills and qualifications you need.

  • Search and compare thousands of higher education courses, and their entry requirements from different institutions across Australia at Course Seeker website.
  • Compare undergraduate and postgraduate student experiences and outcomes on the QILT website.
  • Compare Vocational Education and Training (VET) courses, providers and student outcomes on the My Skills website.
  • You might be interested in Business Services VET training pathways on the AAPathways website.

Or check out related courses on Job Outlook.

Useful links and resources


The course listings on this page are provided by Good Education Group.

Employers look for Chief Executives and Managing Directors who have strong communication skills, can interact with a range of people and provide leadership.

Filter Skills & Knowledge

Knowledge

These are important topics, subjects or knowledge areas.

  1. Administration and Management

    89% Skill level

    Business principles involved in strategic planning, leadership, and coordinating people and resources.

  2. Customer and Personal Service

    79% Skill level

    Understanding customer needs, providing good quality service, and measuring customer satisfaction.

  3. Personnel and Human Resources

    72% Skill level

    Recruiting and training people, managing pay and other entitlements (like sick leave), and negotiating pay and conditions.

  4. English Language

    65% Skill level

    English language including the meaning and spelling of words, rules of composition, and grammar.

  5. Education and Training

    64% Skill level

    Curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 11-1011.00 - Chief Executives.

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Filter Work Environment

Demands

The physical and social demands workers face most often are shown below.

  1. Electronic Mail

    100% Important

    How often do you use electronic mail?

  2. Telephone

    100% Important

    How often do you talk on the telephone?

  3. Face-to-Face Discussions

    100% Important

    How often do you talk with people face-to-face?

  4. Structured versus Unstructured Work

    100% Important

    How much freedom do you have to decide on tasks, priorities, and goals?

  5. Freedom to Make Decisions

    98% Important

    How much freedom do you have to make decision on your own?

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 11-1011.00 - Chief Executives.

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