Managing director vs division vice president

The differences between managing directors and division vice presidents 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 vice president. Additionally, a division vice president has an average salary of $158,729, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a division vice president are healthcare, oversight, and business development.

Managing director vs division vice president overview

	Managing Director	Division Vice President
Yearly salary	$129,690	$158,729
Hourly rate	$62.35	$76.31
Growth rate	6%	6%
Number of jobs	81,022	68,176
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
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 vice president do?

Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.

Managing director vs division vice president salary

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

	Managing Director	Division Vice President
Average salary	$129,690	$158,729
Salary range	Between $72,000 And $233,000	Between $104,000 And $240,000
Highest paying City	New York, NY	Mahwah, NJ
Highest paying state	New York	Connecticut
Best paying company	Paul, Weiss, Rifkind, Wharton & Garrison	Barclays
Best paying industry	Finance	Media

Differences between managing director and division vice president education

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

	Managing Director	Division Vice President
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing director vs division vice president demographics

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

	Managing Director	Division Vice President
Average age	44	44
Gender ratio	Male, 73.5% Female, 26.5%	Male, 78.4% Female, 21.6%
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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between managing director and division vice president 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 vice president example responsibilities.

Manage strategic alliances with distributor executives, together with communication and oversight of all corporate objectives and strategies.
Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
Develop and submit quarterly reports of outcomes data to Medicare.
Complete search and execute agreements for local Korean sales representation for Hyundai and Kia in Seoul.
Develop Renault and Nissan as new customers.

Managing director vs division vice president skills

Common managing director skills

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

Common division vice president skills

Healthcare, 18%
Oversight, 8%
Business Development, 5%
Financial Statements, 4%
Risk Management, 4%
Due Diligence, 4%

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Managing Director
Managing Director vs Division Vice President

Updated January 8, 2025

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