Managing Director job description and career path

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Salary and Benefits

Managing Director

$109K-$133K / yr. (est.)

$109K

$121,435 / year

$134K

Average base salary

The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Managing Director

What does a Managing Director do?

Serious director talking on cellphone in cozy office

Serious female executive communicating on mobile phone in cozy office

Fulfilling the role of Managing Director, our main purpose is to lead and control all business operations. We give strategic guidance and direction to the board to ensure that the company achieves its vision, mission, and long-term goals. For this purpose, we develop and implement strategic plans and company policies. We have a key responsibility for overall business performance. Overseeing business operations, financial performance, and investments are also on the agenda of Managing Directors. We liaise with stakeholders and drive organizational success.

Core tasks:

give strategic advice to the chairman and board members
develop, execute, and monitor business strategies and plans
report to the board, annual reporting
keep relevant stakeholders informed of developments
manage resources and oversee operations
monitor budget and ensure revenue targets
promote the wellness of staff
build and enhance the company's public profile

Insights

Professional Growth

How Many Years of Experience Do Professionals Need Before Becoming Managing Director?

On average, people work 7+ years in other positions prior to becoming a Managing Director.

Project CoordinatorHouston, TX - A year ago

The reality is that not everyone gets the same opportunities! 🙄 This image oversimplifies the journey to become a managing director.

HR SpecialistMiami, FL - A year ago

😤 I can't believe the audacity of this post! It completely ignores the amount of dedication and sacrifices required to reach the Managing Director role.

Professional Growth

How Long Do Managing Director Employees Typically Stay in Their Roles?

On average, Managing Directors works in this position for 5+ years across multiple employers.

ConsultantChicago, IL - A year ago

Managing Directors in consulting are strategic beasts who thrive on new challenges. They're always on the lookout for better opportunities. 💪

ProfessorBoston, MA - A year ago

Managing Directors in academia have stability and tenure, so they rarely leave their prestigious positions. 📚

Professional Growth

What Is the Job Hopper Score for Managing Director Employees?

Frequent job changes in Managing Director, indicating a willingness to change companies and roles more frequently.

Financial AnalystHouston, TX - A year ago

🔥 I've seen Managing Directors come and go, but stability and consistent growth are key to their success!

Operations ManagerMiami, FL - A year ago

managing directors changing jobs often? What a rollercoaster ride! Does it hint at constantly searching for greener pastures?

Career path

Path to job

Path after job

Community

Demographics

Culture & Values

What Is the Age and Gender Ratio of Managing Director Employees?

Gender ratio in Managing Director position: 0.798699516256047 Male and 0.201300483743953 Female. Age ratio in Managing Director position: 16-20: 2%, 21-30: 24%, 31-40: 37%, 41-50: 25%, 51-60: 10%, 60+: 2%. Managing Director position is predominantly male (79.9%) with the largest age group being 31-40 years old, followed by 41-50 years old.

Managing DirectorMiami, FL - A year ago

Only 2% of Managing Directors are in the 16-20 age group. Wondering what opportunities or challenges they face entering such a high-level position at a young age. 🧐

Managing DirectorSeattle, WA - A year ago

Why are 37% of the Managing Directors in the age group of 31-40? Are there certain factors favoring this age group in climbing the corporate ladder? 🤔

Workplaces

Professional Growth

Who Are the Top Employers for Managing Director?

Top employers of Managing Director position: Accenture, Deloitte, Goldman Sachs. People who work in Managing Director position most typically go on to work for the Accenture.

Managing DirectorBoston, MA - A year ago

These 'top employers' might offer great opportunities, but they don't guarantee happiness or job satisfaction. Finding the right fit for your skills, values, and goals matters more.

Managing DirectorSan Francisco, CA - A year ago

With the fierce competition and limited opportunities, working for Accenture, Deloitte, or Goldman Sachs can give professionals a significant advantage in climbing the corporate ladder.

Accenture

Deloitte

Goldman Sachs

Professional Growth

What Industries Does Managing Director Typically Have Experience In?

Industry Background: The most typical industries of Managing Director: Finance & Insurance, Professional / Scientific / Technical, Real Estate / Rental / Leasing, Information Technology, Administrative & Support. Managing Director employees most likely come from a Finance & Insurance industry background.

Managing DirectorHouston, TX - A year ago

I just got promoted to Managing Director in the professional services industry. Any tips for balancing the demands of both clients and employees?

Managing DirectorPhiladelphia, PA - A year ago

🙄 Ugh, as a Managing Director in the administrative field, how do you deal with constant budget constraints and limited resources?

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Managing Director

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About Managing Director

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Professional Growth

Professional Growth

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Path after job

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Community

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