FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
×
FIND
PERSONALIZED JOBS

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

or

The email and password you specified are invalid. Please, try again.

User already exist with emailId.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already Have An Account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Become A Managing Director

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Managing Director

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Coordinating the Work and Activities of Others
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Make Decisions

  • Stressful

  • $150,000

    Average Salary

What Does A Managing Director Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

Show More

Show Less

How To Become A Managing Director

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

Show More

Show Less

Do you work as a Managing Director?

Managing Director Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Do you work as a Managing Director?

Help others decide if this is a good career for them

Average Length of Employment
Managing Partner 5.2 years
Vice President 4.1 years
Managing Director 4.0 years
Corporate Director 3.9 years
Senior Director 3.9 years
Group Director 3.5 years
Top Employers Before
Director 9.7%
Manager 6.2%
Consultant 5.5%
President 4.6%
Associate 3.5%
Principal 3.1%
Top Employers After
Consultant 8.5%
Director 8.2%
President 7.0%
Principal 5.8%
Manager 3.2%

Do you work as a Managing Director?

Managing Director Demographics

Gender

Male

70.9%

Female

26.3%

Unknown

2.8%
Ethnicity

White

79.4%

Hispanic or Latino

8.8%

Asian

8.4%

Unknown

2.6%

Black or African American

0.8%
Show More
Languages Spoken

Spanish

34.9%

French

15.9%

German

8.4%

Portuguese

6.2%

Italian

4.6%

Mandarin

4.3%

Chinese

4.1%

Russian

3.6%

Japanese

3.4%

Arabic

3.3%

Korean

2.0%

Hebrew

1.2%

Carrier

1.2%

Hindi

1.1%

Dutch

1.1%

Cantonese

1.1%

Greek

1.0%

Thai

0.9%

Turkish

0.8%

Polish

0.8%
Show More

Managing Director Education

Schools

New York University

10.0%

University of Phoenix

8.8%

Harvard University

6.5%

Northwestern University

6.2%

University of Pennsylvania

5.9%

Columbia University

5.7%

University of Chicago

5.6%

George Washington University

5.4%

Cornell University

4.8%

University of Southern California

4.7%

Fordham University

4.3%

University of Texas at Austin

4.0%

Villanova University

3.9%

Michigan State University

3.8%

Temple University

3.6%

Boston University

3.5%

Syracuse University

3.4%

Georgetown University

3.4%

Pennsylvania State University

3.3%

Stanford University

3.2%
Show More
Majors

Business

33.0%

Finance

13.8%

Marketing

7.1%

Management

7.1%

Accounting

5.5%

Economics

4.2%

Political Science

3.2%

Law

3.2%

Communication

3.2%

Computer Science

2.8%

Psychology

2.5%

English

2.1%

Education

2.0%

Electrical Engineering

1.7%

Human Resources Management

1.6%

Mechanical Engineering

1.4%

International Business

1.4%

Real Estate

1.4%

Computer Information Systems

1.3%

Journalism

1.3%
Show More
Degrees

Masters

37.2%

Bachelors

36.9%

Other

14.3%

Doctorate

5.1%

Certificate

2.8%

Associate

2.5%

Diploma

1.0%

License

0.2%
Show More
Job type you want
Full Time
Part Time
Internship
Temporary

Real Managing Director Salaries

Job Title Company Location Start Date Salary
Senior Managing Director, Head of Investor Relations Lone Star Americas Acquisitions, L.L.C. New York, NY Jun 29, 2016 $775,000 -
$900,000
Managing Director Dyal Co. LLC Armonk, NY Sep 06, 2016 $650,000
Managing Director Vivo Capital, LLC Palo Alto, CA Sep 21, 2016 $600,000
Managing Director, Head of Latam Derivatives Trading Deutsche Bank Securities, Inc. New York, NY Jul 27, 2016 $525,000
Managing Director Bregal Energy, Inc. New York, NY Apr 24, 2016 $500,000
Managing Director RSL Investments II Corporation New York, NY May 13, 2016 $500,000
Extended Managing Director Goldman, Sachs & Co. New York, NY Feb 08, 2015 $500,000
Extended Managing Director Goldman, Sachs & Co. New York, NY Jul 12, 2015 $500,000
Extended Managing Director Goldman, Sachs & Co. New York, NY Mar 22, 2016 $500,000
Managing Director Head of Digital Business Jpmorgan Chase & Co. New York, NY Feb 09, 2015 $500,000
Managing Director Vici Capital Partners, LLC Concord, MA Jan 04, 2016 $480,000
Senior Managing Director MacQuarie Holdings (USA) Inc. New York, NY Mar 15, 2015 $450,000
Managing Director, Client Portfolio Manager Jpmorgan Chase & Co. New York, NY Nov 14, 2016 $450,000
Extended Managing Director Goldman, Sachs & Co. New York, NY Sep 16, 2016 $450,000
Managing Director, Internal Audit Early Stage Solutions LLC (Aka David Landau & ASOC Fairfield, NJ Dec 16, 2016 $245,500
Managing Director Deluxe Media Creative Services, Inc. Santa Monica, CA Oct 20, 2015 $245,000 -
$255,000
Managing Director/Marketing-Americas Global Paper Solutions, Inc. Atlanta, GA Sep 09, 2015 $245,000
Managing Director EPI-Use America, Inc. Atlanta, GA May 01, 2016 $244,691
Managing Director TSAR USA LLC New York, NY Aug 19, 2016 $240,005
Managing Director, Latam Markets Dinosaur Securities LLC New York, NY Sep 15, 2015 $240,000
Managing Director, MCO Sic Consulting, LLC South Riding, VA Mar 19, 2015 $240,000
Managing Director KPMG LLP Dallas, TX Sep 18, 2015 $235,000 -
$515,000
Managing Director of Washington DC Office Propeople Inc. Washington, DC May 07, 2016 $178,755
Managing Director Sierra Capital LLC New York, NY Jun 22, 2016 $178,235
Managing Director Geneva Global Inc. Wayne, PA Jul 28, 2016 $177,674
Senior Managing Director and Fund Manager MGM Innova Capital LLC Miami, FL May 10, 2016 $175,038
Managing Director, Investment Team Seven Harbour Global, LP New York, NY Sep 03, 2015 $175,000
Managing Director (Real Estate Market Analyst) Taurus Investment Holdings, LLC Boston, MA Jun 09, 2016 $175,000
Managing Director Coverall Gaming LLC Dallas, TX Sep 19, 2015 $175,000
Managing Director, Executive Recruiter Jpmorgan Chase & Co. New York, NY Jan 01, 2015 $175,000 -
$300,000

No Results

To get more results, try adjusting your search by changing your filters.

Show More

How Would You Rate The Salary Of a Managing Director?

Have you worked as a Managing Director? Help other job seekers by rating your experience as a Managing Director.

Top Skills for A Managing Director

FinancialServicesBusinessStrategyProductDevelopmentRegulatoryComplianceBusinessDevelopmentPortfolioPPrivateEquityDeliveryAssetManagementClientRelationshipsOversightRealEstateProjectManagementBusinessPlanCustomerServiceHumanResourcesWebHealthcareAdditional

Show More

  1. Financial Services
  2. Business Strategy
  3. Product Development
You can check out examples of real life uses of top skills on resumes here:
  • Provided expert services and other litigation support to banks and financial services firms, in ongoing mortgage and credit related matters.
  • Line of business strategy development and execution.
  • Program Director, Product Development Directed business development, purchasing, marketing and promotion plans for consumer and commercial customers.
  • Maintain regulatory compliance in occupational safety, fire protection and environmental areas.
  • Reported to upper management and responsible for unit's business development, overall management, and financial results.

How Would You Rate Working As a Managing Director?

Are you working as a Managing Director? Help us rate Managing Director as a Career.

Top Managing Director Employers

Managing Director Videos

Career Advice on becoming a Managing Director by Stephen P (Full Version)

Career Advice on becoming a Managing Director by Nick H (Highlights)

Career Advice on becoming a Managing Director by Paul T (Highlights)