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What does a management development program do?

Updated January 8, 2025
9 min read
Quoted expert
Michael Baker

Management Development Program Participants are fresh graduates with an opportunity to be fast-tracked to a management role. They are exposed to different departments or roles in the company to determine where they fit the most. These stints will be used to assess where they can contribute the most. Participants are given projects to hone their skills and maximize their potential. They may also be given pen and paper exams to assess their learnings. Management Development Program Participants are usually top students from reputable universities or colleges.

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Management development program responsibilities

Here are examples of responsibilities from real management development program resumes:

  • Manage POS systems using Novell Netware v6.
  • Manage POS system, petty cash, deposits and sales reports.
  • Develop and release an RFP, coordinate vendor demonstrations, manage stakeholder evaluations, negotiate with select vendor.
  • Assist in HFM/FDM annual SOX audits by providing documents, data and reports to internal/external auditors.
  • Monitor ACH transactions daily for risk compliance.correspond with customers by telephone, secure email, or fax of ACH audits.
  • Support SOX testing requirements for systems that directly support external reporting.
  • Coordinate travel and logistics, prepare travel itineraries, and assist in obtaining necessary travel documents for site visits and conferences.
  • Evaluate and offer solutions to a major real estate investment firm on the efficiency and adequacy of their information technology portfolio.
  • Design global Facebook and google marketing campaigns targeting candidates for recruitment.

Management development program skills and personality traits

We calculated that 23% of Management Development Programs are proficient in Customer Service, Management Development, and Project Management. They’re also known for soft skills such as Communication skills, Interpersonal skills, and Problem-solving skills.

We break down the percentage of Management Development Programs that have these skills listed on their resume here:

  • Customer Service, 23%

    Worked in all aspects of distribution/customer service/direct sales process at the Miami Herald as preparation for later executive leadership.

  • Management Development, 13%

    Hand selected out of 52 representatives by District Manager and Regional Business Director to begin process into the Management Development Program.

  • Project Management, 11%

    Project Management responsibilities, included budget development/scope, schedule development design from conceptual through Construction documents and implementation.

  • Leadership, 8%

    Provided leadership by engendering excitement, enthusiasm, positive attitude and flexibility that allowed performance above and beyond.

  • SQL Server, 5%

    Processed slice, dice, drill up/down and pivot activities in SQL Server 2008 Reporting Services (SSRS).

  • C++, 5%

    Developed a set of tools to monitor existing RMBS, MBS, CMO positions in C++, Intex, ADCO.

"customer service," "management development," and "project management" are among the most common skills that management development programs use at work. You can find even more management development program responsibilities below, including:

Communication skills. To carry out their duties, the most important skill for a management development program to have is communication skills. Their role and responsibilities require that "management analysts must be able to convey information clearly in both writing and speaking." Management development programs often use communication skills in their day-to-day job, as shown by this real resume: "structured and implemented the communication of hr changes and developed training for 1,000 employees in the new systems. "

Interpersonal skills. Another essential skill to perform management development program duties is interpersonal skills. Management development programs responsibilities require that "management analysts work with managers and other employees of the organizations for which they provide consulting services." Management development programs also use interpersonal skills in their role according to a real resume snippet: "utilized excellent interpersonal skills and diplomacy communicating with foreign and u.s. military and government officials resulting in flawless international communications boards. "

Problem-solving skills. This is an important skill for management development programs to perform their duties. For an example of how management development program responsibilities depend on this skill, consider that "management analysts must be able to think creatively to solve clients’ problems." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a management development program: "gained experience dealing with government agencies drafted leasing and property management agreements gained problem resolution skills gained real estate financial analysis skills".

Time-management skills. A big part of what management development programs do relies on "time-management skills." You can see how essential it is to management development program responsibilities because "management analysts often work under tight deadlines and must use their time efficiently to complete projects on schedule." Here's an example of how this skill is used from a resume that represents typical management development program tasks: "delivered all status reports and internal/client deliverables on time. "

Analytical skills. Another crucial skill for a management development program to carry out their responsibilities is "analytical skills." A big part of what management development programs relies on this skill, since "management analysts must be able to interpret information and use their findings to make proposals." How this skill relates to management development program duties can be seen in an example from a management development program resume snippet: "integrated people soft, oracle erp applications using fdm to integrate data related to financial applications. "

Most common management development program skills

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Compare different management development programs

Management development program vs. Business analyst-consultant

A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.

The annual salary of business analyst-consultants is $34,909 higher than the average salary of management development programs.While their salaries may differ, the common ground between management development programs and business analyst-consultants are a few of the skills required in each roleacirc;euro;trade;s responsibilities. In both careers, employee duties involve skills like project management, sql server, and html.

There are some key differences in the responsibilities of each position. For example, management development program responsibilities require skills like "customer service," "management development," "leadership," and "c++." Meanwhile a typical business analyst-consultant has skills in areas such as "strong analytical," "business process," "business analysts," and "process improvement." This difference in skills reveals the differences in what each career does.

Business analyst-consultants earn the highest salaries when working in the finance industry, with an average yearly salary of $105,940. On the other hand, management development programs are paid more in the automotive industry with an average salary of $86,316.The education levels that business analyst-consultants earn slightly differ from management development programs. In particular, business analyst-consultants are 4.8% more likely to graduate with a Master's Degree than a management development program. Additionally, they're 1.3% less likely to earn a Doctoral Degree.

Management development program vs. Associate consultant

An associate consultant is responsible for evaluating the project requirements based on clients' specifications, ensuring that the team meets project deliverables efficiently. Associate consultants test system applications and network infrastructure to recommend possible modifications for optimal performance and flawless navigation. They also identify cost-efficient business opportunities to gain more clients and improve overall project management procedures. An associate consultant may also facilitate training programs for the staff to maximize their productivity and hone their potential.

On average, associate consultants earn a $18,122 higher salary than management development programs a year.A few skills overlap for management development programs and associate consultants. Resumes from both professions show that the duties of each career rely on skills like "customer service," "project management," and "sql server. "

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that management development program responsibilities requires skills like "management development," "leadership," "mdp," and "ui." But an associate consultant might use other skills in their typical duties, such as, "healthcare," "azure," "ruby," and "leading training."

Associate consultants earn a higher average salary than management development programs. But associate consultants earn the highest pay in the finance industry, with an average salary of $76,409. Additionally, management development programs earn the highest salaries in the automotive with average pay of $86,316 annually.associate consultants earn similar levels of education than management development programs in general. They're 4.9% more likely to graduate with a Master's Degree and 1.3% less likely to earn a Doctoral Degree.

What technology do you think will become more important and prevalent for management development programs in the next 3-5 years?

Michael BakerMichael Baker LinkedIn profile

Founder & Partner, m3 Development

The non-profit sector, like every sector, has been impacted greatly by technology. I believe innovation and disruption from technology is a key tool for making non-profits more efficient and effective. AI is already being used by the big non-profits and will become more common throughout our sector in mid-sized and small non-profit organizations when it is more cost-effective. The current, future and recent graduates are mostly Generation Z. This is the generation that was born into and has grown up with the internet and technology. The most important technology is and will continue to be online and mobile. Non-profits need to continue developing and investing in technology, tools, and support systems to meet the needs of their mission. Technology has brought us the internet, social media, the cloud, cashless forms of payments, automating work, evaluation tools creating dashboards that automatically monitor performance, electronic health records, and will continue to evolve. I believe machine-based learning and artificial intelligence are technology now and for the future. Technology that supports transparency, engagement, impact, and data analytics will be what is important in the next 3 to 5 years for non-profit organizations.

Management development program vs. Business consultant

A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.

On average scale, business consultants bring in higher salaries than management development programs. In fact, they earn a $31,996 higher salary per year.Using the responsibilities included on management development programs and business consultants resumes, we found that both professions have similar skill requirements, such as "customer service," "project management," and "sql server.rdquo;

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from management development program resumes include skills like "management development," "leadership," "c++," and "java," whereas a business consultant is more likely to list skills in "strong analytical," "analytics," "healthcare," and "tableau. "

Business consultants earn the best pay in the technology industry, where they command an average salary of $89,294. Management development programs earn the highest pay from the automotive industry, with an average salary of $86,316.business consultants typically earn similar educational levels compared to management development programs. Specifically, they're 2.8% more likely to graduate with a Master's Degree, and 0.3% more likely to earn a Doctoral Degree.

Management development program vs. Senior consultant

Senior consultants are individual contributors whose services are tapped by the organization for guidance on specific projects. They are experienced experts in a particular field that the company operates in or would like to have projects in. They are given primers on specific projects, and they comment on the feasibility of the undertaking. Once the task is deemed feasible, senior consultants act as guides throughout the project's planning and initial implementation stages. They provide their expert opinion to ensure the success of the project.

Senior consultants typically earn higher pay than management development programs. On average, senior consultants earn a $44,970 higher salary per year.While their salaries may vary, management development programs and senior consultants both use similar skills to perform their duties. Resumes from both professions include skills like "customer service," "project management," and "sql server. "

Even though a few skill sets overlap between management development programs and senior consultants, there are some differences that are important to note. For one, a management development program might have more use for skills like "management development," "leadership," "mdp," and "ui." Meanwhile, some responsibilities of senior consultants require skills like "healthcare," "strong problem-solving," "architecture," and "sr."

The finance industry tends to pay the highest salaries for senior consultants, with average annual pay of $103,619. Comparatively, the highest management development program annual salary comes from the automotive industry.The average resume of senior consultants showed that they earn higher levels of education compared to management development programs. So much so that theyacirc;euro;trade;re 5.9% more likely to earn a Master's Degree and less likely to earn a Doctoral Degree by 0.0%.

Types of management development program

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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