Major League Baseball owners possess different types of functional background experience. I examine the financial and on-field effects of the functional and geographic background of owners in the MLB from 2001-2014. A functional background in entrepreneurship appeared to have an insignificant effect on a team’s payroll expense and on-field performance. However, teams owned by corporations appeared to have significantly lower payrolls than all other teams, a relationship that supports the theory that corporations are not concerned with their team’s on-field performance. The operating income of teams, with owners, who inherited the franchise from a family member or purchased the team using an inherited trust, was significantly higher than other teams. However, the number of team wins was negatively affected by owners, who inherited ownership. A personal tie between the owner and the team’s location was insignificant as a determinant of team payroll expense and team wins.

This thesis will identify what career paths, advanced degrees, and supportive industries best enable engineers and other highly technical professionals to move past middle management layers into executive leadership. Specific questions to be addressed include: 1. Which technical degrees most often lead to CEO appointments? 2. Which industries offer the most advancement opportunities for technical degree graduates? 3. Which advanced degrees are most useful for ascension into CEO ranks? This research is specifically geared to extend the key learnings of the University of Texas at Austin Executive Engineering Management curriculum giving the reader foresight into what executive career paths are available for those with technical degrees. / text