No, it doesn't. Jesus is not an 'exalted human'. That's some kind of weird adoptionism. Jesus is the incarnate Word of God. Rather it is humanity that is 'exalted', if you will, by His having voluntarily taken not just our form, but our nature, in a true and living human body with a rational soul (that is the entire point of the incarnation).
The entire point of the incarnation was very simple: to establish his spirit body into his human flesh body. That process was, partially described by Gabriel to Mary in Luke 1, especially
verse 35:
Luke 1:31-35 King James Version (KJV)
31 And, behold, thou shalt conceive in thy womb, and bring forth a son, and shalt call his name Jesus.
32 He shall be great, and shall be called the Son of the Highest: and the Lord God shall give unto him the throne of his father David:
33 And he shall reign over the house of Jacob for ever; and of his kingdom there shall be no end.
34 Then said Mary unto the angel, How shall this be, seeing I know not a man?
35 And the angel answered and said unto her, The Holy Ghost shall come upon thee, and the power of the Highest shall overshadow thee: therefore also that holy thing which shall be born of thee shall be called the Son of God.
This gave Jesus his human flesh body (which made Jesus the only begotten Son of God - since no other human has God as their earthly Father - Of course Joseph was not his real earthly father, but Mary was his mother). And the spirit and the body make up the soul of man. Jesus did the same natural birth process as the rest of us. He was conceived in the womb by the Holy Ghost and the power of the Highest (God the Father), he grew in the womb until he was 9 months and then was born as a baby in Bethleham on Christmas day 0BC/AD
Philippians 2:5-9 King James Version (KJV)
5 Let this mind be in you, which was also in Christ Jesus:
6 Who, being in the form of God, thought it not robbery to be equal with God:
7 But made himself of no reputation, and took upon him the form of a servant, and was made in the likeness of men:
8 And being found in fashion as a man, he humbled himself, and became obedient unto death, even the death of the cross.
9 Wherefore God also hath highly exalted him, and given him a name which is above every name:
He united this human nature with His divinity without mixture, without change, and without confusion.
I would like a 3 paragraph, (including bible scriptures) explanation of how Jesus did that?
This is not comparable to Mormonism's 'progression to godhood' or whatever, because Christ was never not God -- He never became God; He always was God, always is God, and always will be God.
Paul actually calls Jesus a 'creature' in Colossians 1: See especially vs 15
Colossians 1:12-15 King James Version (KJV)
12 Giving thanks unto the Father, which hath made us meet to be partakers of the inheritance of the saints in light:
13 Who hath delivered us from the power of darkness, and hath translated us into the kingdom of his dear Son:
14 In whom we have redemption through his blood, even the forgiveness of sins:
15 Who is the image of the invisible God, the firstborn of every creature:
And Jesus calls himself the "beginning of all creation" in Revelations 3
Revelation 3:14 King James Version (KJV)
14 And unto the angel of the church of the Laodiceans write; These things saith the Amen, the faithful and true witness, the beginning of the creation of God;
So we believe there was a progression, but there was never a time that Jesus did not exist (like Arius believed) but there was a time that he was sat on the right hand of God and was God himself.
Psalm 110:1 King James Version (KJV)
110 The Lord said unto my Lord, Sit thou at my right hand, until I make thine enemies thy footstool.
And God the Father now called his Son Jesus God:
Psalm 45:6-7 King James Version (KJV)
6 Thy throne, O God, is for ever and ever: the sceptre of thy kingdom is a right sceptre.
7 Thou lovest righteousness, and hatest wickedness: therefore God, thy God, hath anointed thee with the oil of gladness above thy fellows.
Jesus still needed fulfill his role as our Savior, which was established before the world was.
It was during this earthly ministry that he learned obedience through the things that he suffered (Hebrews 5:8)
It was during this earthly ministry that he overcame the world (Revelations 3:21)
It was during this earthly ministry that he finished his work so that he could be perfected or exalted
(Luke 13:32)
And now could ascend to his Father and his God (John 20:17)
And take upon him the same glory that he had with God the Father before his incarnation and be exalted and sit on the right hand of the Father again. (Acts 2:33)
The interesting thing about Jesus is that he made it possible for all of us to be just like him and to also be exalted and sit with him in his throne. (Revelations 3:21)
What a great future we hope for if we will keep our eyes on Jesus and endure to the end and claim our crowns in his kingdom. So trust in Christ and keep doing well and it will be good for us.