ANZSCO Code: 111111 (Chief Executive or Managing Director)
Chief Executive or Managing Director determines, formulates and reviews the general policy program and the overall direction of an organisation within the framework established by a board of directors or similar governing body.
Chief Executive or Managing Director Skill Assessment Authority:
Institute of Managers and Leaders (IML)
Skill Level
1
Alternative Titles
Chief Executive Officer
Specialisation:
Director-General
Executive Director
Secretary (Government Department) (Aus)
Unit Group: 1111 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.
Skill Level
Most occupations under this unit group are skill level 1 occupation and a relevant bachelor's degree or higher can equate to this skill level. At least five years of relevant experience and/or relevant vendor certification may substitute for the formal qualification. In some instances, relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Other Occupations in this Unit Group
Consult us today to get assessment for the occupations mentioned in this unit group.
| Occupations |
|---|
| 111111 Chief Executive or Managing Director |
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, or Approving the Selection of Senior Staff
- Ensuring the Organisation Complies with Company Laws and Other Relevant Legislation
Years of experience
Applicants must meet certain employment requirements depending on their educational background and the occupation being assessed.
Applicant Holds a Relevant
Bachelor's or Master's Degree
If an applicant holds a Bachelor's or Master's degree that is highly relevant to the occupation being assessed and comparable to an equivalent AQF qualification, the applicant must demonstrate employment experience:
- in a senior management role for at least three years; plus
- in the role as CEO/MD for at least two years.
Applicant Holds a Relevant
Bachelor's or Master's Degree
If an applicant does not hold a bachelor’s or Master's degree that is highly relevant to the occupation being assessed and comparable to an equivalent AQF qualification, the applicant must demonstrate employment experience:
- in a senior management role for at least five years; plus
- in the role as CEO/MD for at least two years.
/Visa Options for Chief Executive or Managing Director:
186 - Employer Nomination Scheme visa
407 - Training visa
482 - Medium Term Stream - Temporary Skill Shortage visa
187 - Regional Sponsor Migration Scheme visa
494 - Employer Sponsored Stream - Skilled Employer Sponsored Regional (Provisional) visa
Overview of Key Employment Statistics for Chief Executive or Managing Director ANZSCO 111111:
Employed
60,800
Part-time share
16%
Female share
30%
Median weekly earnings
N/A
Median age
51
Annual employment growth
6,200
State distributions
Learn how Chief Executive or Managing Director ANZSCO 111111 professionals are spread across different states and territories.
New South Wales
33.9%
Victoria
28.0%
Greenland
15.6%
South Australia
5.2%
Western Australia
12.2%
Tasmania
1.6%
Northern Territory
1.5%
Australian Capital Territory
2.0%
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Frequently
asked questions
Have a look at frequently asked questions.
What is the ANZSCO code for Chief Executive or Managing Director?
The ANZSCO code for a Chief Executive or Managing Director is ANZSCO 111111, as classified by the Australian and New Zealand Standard Classification of Occupations (ANZSCO).
What is the minimum qualification required for skill assessment as Chief Executive or Managing Director?
To receive an assessment as a Chief Executive or Managing Director ANZSCO 111111, you typically need a relevant or industry-specific Bachelor’s or Master’s degree along with a senior management role for at least three years plus in the role as CEO/MD for at least two years. If you do not hold a relevant bachelors or masters degree but demonstrate experience in a senior management role for at least five years plus in the role as CEO/MD for at least two years.
What tasks are typically performed by a Chief Executive or Managing Director ANZSCO 111111?
Chief Executive or Managing Director ANZSCO 111111 determines, formulates and reviews the general policy program and the overall direction of an organisation within the framework established by a board of directors or similar governing body.
Is Chief Executive or Managing Director a high demand occupation in Australia?
Chief Executive or Managing Director is at economy-wide average future demand with it being in shortage in Tasmania and Northern Territory while not being in shortage in Queensland, NSW, Victoria, Western Australia, South Australia and ACT as per Skills Priority List 2023. It is also included on the Medium and Long-term Strategic Skills List (MLTSSL) which highlights it as a skill in demand in Australia.
What is the difference between a Chief Executive Officer and a Managing Director?
Managing Directors are accountable for the performance of their business department, while CEOs are accountable for the company's overall growth.