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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?

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

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.
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Project CoordinatorHouston, TX - 6 months ago
The reality is that not everyone gets the same opportunities! 🙄 This image oversimplifies the journey to become a managing director.
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HR SpecialistMiami, FL - 6 months 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.
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.
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ConsultantChicago, IL - 6 months ago
Managing Directors in consulting are strategic beasts who thrive on new challenges. They're always on the lookout for better opportunities. 💪
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ProfessorBoston, MA - 6 months ago
Managing Directors in academia have stability and tenure, so they rarely leave their prestigious positions. 📚
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.
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Financial AnalystHouston, TX - 6 months ago
🔥 I've seen Managing Directors come and go, but stability and consistent growth are key to their success!
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Operations ManagerMiami, FL - 6 months ago
managing directors changing jobs often? What a rollercoaster ride! Does it hint at constantly searching for greener pastures?

Career path

Path to job

Discover a Managing Director's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Managing Director typically studied at.
Harvard Business School
New York University

Path after job

Community

Demographics

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.
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Managing DirectorMiami, FL - 6 months 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. 🧐
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Managing DirectorSeattle, WA - 6 months 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

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.
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Managing DirectorBoston, MA - 6 months 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.
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Managing DirectorSan Francisco, CA - 6 months 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
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.
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Managing DirectorHouston, TX - 6 months ago
I just got promoted to Managing Director in the professional services industry. Any tips for balancing the demands of both clients and employees?
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Managing DirectorPhiladelphia, PA - 6 months ago
🙄 Ugh, as a Managing Director in the administrative field, how do you deal with constant budget constraints and limited resources?

Find your job as Managing Director

Discussion about Managing Director

Want to know more about Managing Director position?
Share your thoughts and ideas about Managing Director position with others in our community.
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Do a lot of women work as a Managing Director?
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Isabella Holmes3 years ago
Mostly men choose this job, but women also choose this.
What is the typical age to work as a Managing Director?
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Isabella Holmes3 years ago
The typical age is 37.
Is a Managing Director considered to be a senior profession?
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Benjamin Gardner3 years ago
On average, people have 7 years of experience when they start working as a Managing Director
What industries does a Managing Director typically work in?
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Liam Brown3 years ago
Finance & Insurance is the most frequent for a Managing Director.
What kind of degree is needed to work as a Managing Director?
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Benjamin Gardner3 years ago
A Bachelor of Arts degree could not hurt if you want to be a Managing Director
As a Managing Director, which company should I definitely check out for jobs?
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Liam Brown3 years ago
Accenture, Deloitte, Goldman Sachs, J.P. Morgan and Newmark Knight Frank has the most employees.
How many years do people spend as a Managing Director in their career path?
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Sophie Hayes3 years ago
You should work for more than 5 years before considering changing to another role.
How common is it for a Managing Director to jump from company to company?
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Liam Brown3 years ago
It’s likely to work for multiple companies while holding the same title.
What do people usually work as before switching to Managing Director?
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Sophie Hayes3 years ago
Most people come from Vice President, Principal or Executive Director roles
If I’m working as a Managing Director, what next position could I have?
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Isabella Holmes3 years ago
Changing from a Managing Director to Vice President, Principal or Managing Partner is a typical career path.
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Disclaimer

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