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The differences between consulting services directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a consulting services director, becoming a managing director takes usually requires 4-6 years. Additionally, a consulting services director has an average salary of $142,390, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a consulting services director include cloud, business development and project management. The most important skills for a managing director are healthcare, portfolio, and business development.
| Consulting Services Director | Managing Director | |
| Yearly salary | $142,390 | $129,690 |
| Hourly rate | $68.46 | $62.35 |
| Growth rate | 16% | 6% |
| Number of jobs | 97,977 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Average age | 47 | 44 |
| Years of experience | 8 | 6 |
A consulting services director is responsible for determining, developing, and delivering innovative strategies and solutions to existing and potential clients. You will be initiating team efforts to collect, analyze, and interpret data and provide recommendations and conclusions. In addition, you will be responsible for developing solutions to difficult client situations to ensure goals and objectives are met. Other duties include performing client interviews on interpretation and analysis of data, developing and reviewing employee performance, and monitoring the progress of projects.
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.
Consulting services directors and managing directors have different pay scales, as shown below.
| Consulting Services Director | Managing Director | |
| Average salary | $142,390 | $129,690 |
| Salary range | Between $106,000 And $190,000 | Between $72,000 And $233,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Arizona | New York |
| Best paying company | Palo Alto Networks | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | Professional | Finance |
There are a few differences between a consulting services director and a managing director in terms of educational background:
| Consulting Services Director | Managing Director | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Carnegie Mellon University | University of Pennsylvania |
Here are the differences between consulting services directors' and managing directors' demographics:
| Consulting Services Director | Managing Director | |
| Average age | 47 | 44 |
| Gender ratio | Male, 72.9% Female, 27.1% | Male, 73.5% Female, 26.5% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% | 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 | 11% | 10% |