Corporate development director vs managing director

The differences between corporate development directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a corporate development director, becoming a managing director takes usually requires 4-6 years. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a managing director are healthcare, portfolio, and business development.

Corporate development director vs managing director overview

	Corporate Development Director	Managing Director
Yearly salary	$159,614	$129,690
Hourly rate	$76.74	$62.35
Growth rate	10%	6%
Number of jobs	95,421	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Average age	39	44
Years of experience	10	6

What does a corporate development director do?

Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.

What does a managing director do?

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.

Corporate development director vs managing director salary

Corporate development directors and managing directors have different pay scales, as shown below.

	Corporate Development Director	Managing Director
Average salary	$159,614	$129,690
Salary range	Between $110,000 And $230,000	Between $72,000 And $233,000
Highest paying City	San Francisco, CA	New York, NY
Highest paying state	Rhode Island	New York
Best paying company	Mayo Clinic	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Telecommunication	Finance

Differences between corporate development director and managing director education

There are a few differences between a corporate development director and a managing director in terms of educational background:

	Corporate Development Director	Managing Director
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Georgia	University of Pennsylvania

Corporate development director vs managing director demographics

Here are the differences between corporate development directors' and managing directors' demographics:

	Corporate Development Director	Managing Director
Average age	39	44
Gender ratio	Male, 69.7% Female, 30.3%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% 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	10%	10%

Differences between corporate development director and managing director duties and responsibilities

Corporate development director example responsibilities.

Create a competitive advantage by streamlining the RFP, sales and contract processes.
Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
Overhaul and optimize sales strategy, targeting, tactics, CRM, value proposition, training.
Work with sales teams to translate customer needs to winning solutions, RFP responses and deal structuring.
Support linguists and staff, providing sales and administrative tools (CRM) require to meet business objectives.
Liaise with healthcare providers to create provider-sponsore insurance product for small businesses.

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Corporate development director vs managing director skills

Common corporate development director skills

Corporate Development, 18%
Project Management, 10%
Financial Models, 8%
Business Development, 7%
HR, 6%
Mergers, 5%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Corporate Development Director
Corporate Development Director vs Managing Director

Updated January 8, 2025

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