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The differences between directors, managing consultant 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 director, managing consultant, becoming a managing director takes usually requires 4-6 years. Additionally, a director, managing consultant has an average salary of $150,262, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a director, managing consultant include pre sales, project management and lifecycle management. The most important skills for a managing director are healthcare, portfolio, and business development.
| Director, Managing Consultant | Managing Director | |
| Yearly salary | $150,262 | $129,690 |
| Hourly rate | $72.24 | $62.35 |
| Growth rate | 10% | 6% |
| Number of jobs | 94,442 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A managing consultant director oversees and spearheads department operations in a company, ensuring everything runs smoothly and efficiently. They serve as the driving force of every program and project by setting goals and timelines, establishing budgets and strategies, and leading procedures from planning to execution. In some companies, they also participate in providing consultation services, liaising with internal and external parties, and solving issues and concerns when any arise. Moreover, as a director, it is their duty to monitor the workflow while implementing company policies and regulations.
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.
Directors, managing consultant and managing directors have different pay scales, as shown below.
| Director, Managing Consultant | Managing Director | |
| Average salary | $150,262 | $129,690 |
| Salary range | Between $106,000 And $211,000 | Between $72,000 And $233,000 |
| Highest paying City | Providence, RI | New York, NY |
| Highest paying state | Rhode Island | New York |
| Best paying company | AlixPartners | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | Technology | Finance |
There are a few differences between a director, managing consultant and a managing director in terms of educational background:
| Director, Managing Consultant | Managing Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between directors, managing consultant' and managing directors' demographics:
| Director, Managing Consultant | Managing Director | |
| Average age | 39 | 44 |
| Gender ratio | Male, 74.6% Female, 25.4% | 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% |