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The differences between managing directors and directors of managed services can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a managing director, becoming a director of managed services takes usually requires 6-8 years. Additionally, a managing director has an average salary of $129,690, which is higher than the $120,859 average annual salary of a director of managed services.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a director of managed services are oversight, cloud, and project management.
| Managing Director | Director Of Managed Services | |
| Yearly salary | $129,690 | $120,859 |
| Hourly rate | $62.35 | $58.11 |
| Growth rate | 6% | 16% |
| Number of jobs | 81,022 | 117,659 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 61% |
| Average age | 44 | 47 |
| Years of experience | 6 | 8 |
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.
A director of managed services is in charge of overseeing the business processes in an organization, ensuring efficiency and smooth workflow. Their responsibilities typically revolve around setting goals and objectives, managing the workforce, spearheading projects and campaigns, devising strategies to optimize services, and coordinating with analysts to identify new business opportunities. Furthermore, as a director, it is essential to lead and encourage the workforce to reach new heights, all while implementing the company's policies and regulations.
Managing directors and directors of managed services have different pay scales, as shown below.
| Managing Director | Director Of Managed Services | |
| Average salary | $129,690 | $120,859 |
| Salary range | Between $72,000 And $233,000 | Between $80,000 And $182,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | |
| Best paying industry | Finance | Retail |
There are a few differences between a managing director and a director of managed services in terms of educational background:
| Managing Director | Director Of Managed Services | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Carnegie Mellon University |
Here are the differences between managing directors' and directors of managed services' demographics:
| Managing Director | Director Of Managed Services | |
| Average age | 44 | 47 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 65.4% Female, 34.6% |
| Race ratio | 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% | Black or African American, 6.5% Unknown, 5.2% Hispanic or Latino, 9.7% Asian, 12.8% White, 65.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 11% |