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The differences between business unit directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business unit director and a managing director. Additionally, a business unit director has an average salary of $135,050, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a business unit director include project management, digital marketing and sigma. The most important skills for a managing director are healthcare, portfolio, and business development.
| Business Unit Director | Managing Director | |
| Yearly salary | $135,050 | $129,690 |
| Hourly rate | $64.93 | $62.35 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,707 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A business unit director is a person that makes sure that a segment or unit of a company meets its daily goals. The business unit director monitors the production of units in a company and provides support to increase efficiency. The business unit director's responsibility is to determine each member of a business unit's skill development to ensure the increased productive output of the entire company. The business unit director works with the company's administrative and executive departments to ensure all business units work cohesively and well-coordinated.
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.
Business unit directors and managing directors have different pay scales, as shown below.
| Business Unit Director | Managing Director | |
| Average salary | $135,050 | $129,690 |
| Salary range | Between $95,000 And $190,000 | Between $72,000 And $233,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | Lasko Products | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a business unit director and a managing director in terms of educational background:
| Business Unit Director | Managing Director | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business unit directors' and managing directors' demographics:
| Business Unit Director | Managing Director | |
| Average age | 44 | 44 |
| Gender ratio | Male, 81.8% Female, 18.2% | Male, 73.5% Female, 26.5% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% | 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% |