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The differences between associate vice presidents and managing directors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate vice president has an average salary of $137,944, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for an associate vice president include healthcare, oversight and portfolio. The most important skills for a managing director are healthcare, portfolio, and business development.
| Associate Vice President | Managing Director | |
| Yearly salary | $137,944 | $129,690 |
| Hourly rate | $66.32 | $62.35 |
| Growth rate | 6% | 6% |
| Number of jobs | 68,260 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Average age | 47 | 44 |
| Years of experience | - | 6 |
An associate vice president's role is to implement the company's policies and regulations, all while overseeing the business operations within a particular area. Typically responding to a president or stakeholders, an associate vice president's responsibilities revolve around supervising management officials, devising strategies to boost sales and public brand awareness, liaise with external key suppliers and agencies, and craft new policies when necessary. Furthermore, an associate vice president must promptly respond to issues and concerns and develop a budget for the company.
A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.
Associate vice presidents and managing directors have different pay scales, as shown below.
| Associate Vice President | Managing Director | |
| Average salary | $137,944 | $129,690 |
| Salary range | Between $97,000 And $194,000 | Between $72,000 And $233,000 |
| Highest paying City | Rohnert Park, CA | New York, NY |
| Highest paying state | Rhode Island | New York |
| Best paying company | Arkansas State University, Mountain Home | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | Retail | Finance |
There are a few differences between an associate vice president and a managing director in terms of educational background:
| Associate Vice President | Managing Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between associate vice presidents' and managing directors' demographics:
| Associate Vice President | Managing Director | |
| Average age | 47 | 44 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 73.5% Female, 26.5% |
| Race ratio | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.8% American Indian and Alaska Native, 0.7% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |