Career Center: Chief Executive Officer (CEO)

Wednesday December 12, 2012 by Valerie Jones

Dr. Yoram Neumann is the chief executive officer of Touro University Worldwide and Touro College Los Angeles.

"I didn't know in which sector of the workforce I would end up, but the more I learned, the more I leaned toward the higher education sector," Neumann said. "I've worked for several universities and I enjoy academia very much. Eventually, institutions began seeking my expertise to lend to their schools."

Responsibilities

CEOs typically provide the overall direction for their companies or organizations, including managing daily operations and creating policies.

As CEO of an online institution of higher education, Neumann said he helps make decisions about the functions of the university, anywhere from academics to financials to information technology. He also analyzes the environments of other institutions and helps find solutions and resolutions that uniquely fit his own.

Education

A number of CEOs have a bachelor's or master's degree in business administration, according to the Bureau of Labor Statistics, with college presidents typically holding a doctoral degree.

"It's important for MBA students to know the skills they acquire while pursuing their degree can be useful in a career as a CEO because being a CEO begins with skill competencies to understand all parts of an organization," said Neumann, who also serves as professor of business administration for Touro University Worldwide.

Pay

The salary expectations of a CEO can vary significantly, depending on the industry, the size of the company, and the location. According to the BLS, the median salary for chief executives in May 2010 was $165,080.

Labor Projections

According to the BLS, chief executives are expected to grow by 4 percent by the year 2020.

"Education is quite dominant compared to work experience in terms of giving you the tools and competencies needed to understand what's going on," Neumann said. "Obviously if you are moving to a high-level position, work experience counts more and more and your track record speaks for itself."

Dr. Yoram Neumann is the chief executive officer of Touro University Worldwide and Touro University Los Angeles, which includes a growing online learning division and bricks and mortar division (Touro College Los Angeles.

Touro University Worldwide is enrolling new students every day. To discuss a program or find out how you can apply or participate, please contact:

TUW offers online Masters' Degree Programs in Business (MBA), Industrial and Organizational Psychology, Media and Communications Psychology, and Marriage and Family Therapy. For program and enrollment information, visit: .

About the Touro College and University System

Touro is a system of non-profit institutions of higher and professional education that welcomes students of all cultures and backgrounds. Touro College was chartered in 1970 primarily to enrich the Jewish heritage, and to serve the larger American and global community. Approximately 19,000 students are currently enrolled in its various schools and divisions. Touro College has branch campuses, locations and instructional sites in the New York area, as well as branch campuses and programs in Berlin, Jerusalem, Moscow, Paris, and Florida. Touro University California and Nevada as well as Touro University Los Angeles and Touro University Worldwide are members of the Touro College and University System.