Managing director vs division director

The differences between managing directors and division directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a managing director and a division director. Additionally, a managing director has an average salary of $129,690, which is higher than the $120,757 average annual salary of a division director.

The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a division director are client relationships, business development, and customer service.

Managing director vs division director overview

	Managing Director	Division Director
Yearly salary	$129,690	$120,757
Hourly rate	$62.35	$58.06
Growth rate	6%	6%
Number of jobs	81,022	63,545
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	6	6

What does a managing director do?

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.

What does a division director do?

A division director is an individual who is responsible for managing team members and business operations that are assigned in his/her or her division to achieve the goals of a company. Division directors are required to evaluate division performance and ensure that the team's work complies with the company policies and procedures. They must lead new business development efforts with customers or brokers and should work closely with legal to ensure the protection of the company's interest. Division directors also assist in employee recruitment and provide training to the team if there are skill gaps.

Managing director vs division director salary

Managing directors and division directors have different pay scales, as shown below.

	Managing Director	Division Director
Average salary	$129,690	$120,757
Salary range	Between $72,000 And $233,000	Between $68,000 And $213,000
Highest paying City	New York, NY	Albany, NY
Highest paying state	New York	Rhode Island
Best paying company	Paul, Weiss, Rifkind, Wharton & Garrison	Mayo Clinic
Best paying industry	Finance	Finance

Differences between managing director and division director education

There are a few differences between a managing director and a division director in terms of educational background:

	Managing Director	Division Director
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing director vs division director demographics

Here are the differences between managing directors' and division directors' demographics:

	Managing Director	Division Director
Average age	44	44
Gender ratio	Male, 73.5% Female, 26.5%	Male, 61.7% Female, 38.3%
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, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between managing director and division director duties and responsibilities

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Division director example responsibilities.

Lead preparation of financial briefings for local and HQ.
Lead in-sourcing efforts to ensure a smooth transition between key components, OSD, and AF.
Manage system implementation, accounting, financial analysis, oversight of premium financing programs, and reinsurance acquisition.
Protect valuable banking, insurance and healthcare customer relationships while managing client global communication needs and adhering to regulatory compliance standards.
Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.

Managing director vs division director skills

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

Common division director skills

Client Relationships, 18%
Business Development, 13%
Customer Service, 10%
Healthcare, 8%
Oversight, 6%
Patients, 5%

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Managing Director
Managing Director vs Division Director

Updated January 8, 2025

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