While some operations managers can be hired only with a bachelor's degree, it can be common for them to complete an advanced education. One of the most popular advanced degrees for a COO is an MBA or Master of Business Administration. An executive MBA can also set you apart from the competition. Even so, it provides you with the business knowledge you'll need for the position, but it focuses more on the leadership skills you'll also need.
It's a smart decision if you're specifically playing the role of chief operating officer, which is a very leadership-oriented position. A company's chief operating officer is the architect, instigator, and advocate for changing the company's strategy. This means that a typical chief operating officer will likely have an MBA in some type of strategic business leadership area and a strong experience in change leadership, if not a change management certification. While the CEO is ultimately the owner of the company's strategy and strategic direction, a strong COO will direct its development and implementation.