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Working as a Managing Owner

There is more than meets the eye when it comes to being a managing owner. For example, did you know that they make an average of $71.0 an hour? That's $147,671 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Managing Owner Do

There are certain skills that many managing owners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.

When it comes to the most important skills required to be a managing owner, we found that a lot of resumes listed 12.2% of managing owners included customer service, while 8.6% of resumes included management process, and 8.2% of resumes included itil. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the managing owner job title. But what industry to start with? Most managing owners actually find jobs in the technology and manufacturing industries.

How To Become a Managing Owner

If you're interested in becoming a managing owner, one of the first things to consider is how much education you need. We've determined that 36.4% of managing owners have a bachelor's degree. In terms of higher education levels, we found that 14.3% of managing owners have master's degrees. Even though most managing owners have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a managing owner. When we researched the most common majors for a managing owner, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on managing owner resumes include master's degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a managing owner. In fact, many managing owner jobs require experience in a role such as manager. Meanwhile, many managing owners also have previous career experience in roles such as owner or project manager.

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Average Salary$147,671
Job Growth Rate6%

Managing Owner Career Paths

Top Careers Before Managing Owner

Manager
10.2 %
Owner
8.5 %

Top Careers After Managing Owner

Owner
12.5 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Managing Owner

Managing Owners in America make an average salary of $147,671 per year or $71 per hour. The top 10 percent makes over $247,000 per year, while the bottom 10 percent under $88,000 per year.
Average Salary
$147,671

Best Paying Cities

0

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Managing Owner
Managing Owner
State of North Carolina
State of North Carolina
06/28/2019
06/28/2019
$56,33906/28/2019
$56,339
SR Program Owner Prop Mgmt
SR Program Owner Prop Mgmt
Target Enterprise, Inc.
Target Enterprise, Inc.
02/15/2019
02/15/2019
$91,49902/15/2019
$91,499
Divisional Process Owner Revenue Management Cloud Services
Divisional Process Owner Revenue Management Cloud Services
Oracle America, Inc.
Oracle America, Inc.
04/25/2017
04/25/2017
$103,02204/25/2017
$103,022
SR. IT Solution Owner, Inventory and Device Lifecycle Mgmt
SR. IT Solution Owner, Inventory and Device Lifecycle Mgmt
T-Mobile USA, Inc.
T-Mobile USA, Inc.
08/27/2015
08/27/2015
$109,00008/27/2015
$109,000

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Managing Owner Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Managing Owner. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Managing Owner Resume

At Zippia, we went through countless Managing Owner resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Managing Owner Demographics

Gender

male

54.7 %

female

39.4 %

unknown

6.0 %

Ethnicity

White

72.8 %

Hispanic or Latino

12.9 %

Asian

6.0 %

Foreign Languages Spoken

Spanish

50.6 %

French

6.2 %

Russian

6.2 %
See More Demographics

Managing Owner Education

Majors

Business
34.8 %
Law
9.4 %

Degrees

Bachelors

36.4 %

Associate

16.5 %

Masters

14.3 %

Top Colleges for Managing Owners

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Public

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Public

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Managing Owner

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.2% of managing owners listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.

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Top Managing Owner Employers

1. Target
4.6
Avg. Salary: 
$107,969
Managing Owners Hired: 
5+
2. IBM
4.8
Avg. Salary: 
$132,608
Managing Owners Hired: 
5+
3. CW Bollinger co
4.6
Avg. Salary: 
$33,524
Managing Owners Hired: 
3+
4. Dell
4.8
Avg. Salary: 
$114,805
Managing Owners Hired: 
3+
5. Nokia
4.9
Avg. Salary: 
$109,458
Managing Owners Hired: 
3+
6. HP
4.8
Avg. Salary: 
$141,516
Managing Owners Hired: 
3+

Managing Owner Videos

Updated October 2, 2020