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The differences between corporate vice presidents and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a corporate vice president, becoming a division vice president takes usually requires 4-6 years. Additionally, a corporate vice president has an average salary of $165,788, which is higher than the $158,729 average annual salary of a division vice president.
The top three skills for a corporate vice president include risk management, portfolio and oversight. The most important skills for a division vice president are healthcare, oversight, and business development.
| Corporate Vice President | Division Vice President | |
| Yearly salary | $165,788 | $158,729 |
| Hourly rate | $79.71 | $76.31 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,051 | 68,176 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.
Corporate vice presidents and division vice presidents have different pay scales, as shown below.
| Corporate Vice President | Division Vice President | |
| Average salary | $165,788 | $158,729 |
| Salary range | Between $113,000 And $242,000 | Between $104,000 And $240,000 |
| Highest paying City | Washington, DC | Mahwah, NJ |
| Highest paying state | Nevada | Connecticut |
| Best paying company | Brookfield Properties | Barclays |
| Best paying industry | Hospitality | Media |
There are a few differences between a corporate vice president and a division vice president in terms of educational background:
| Corporate Vice President | Division Vice President | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between corporate vice presidents' and division vice presidents' demographics:
| Corporate Vice President | Division Vice President | |
| Average age | 52 | 44 |
| Gender ratio | Male, 73.8% Female, 26.2% | Male, 78.4% Female, 21.6% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |