How To Become A President And Managing Director: What It Is and Career Path

What is a president and managing director and how to become one

Updated January 8, 2025

3 min read

The average president and managing director salary is $142,254. The most common degree is a bachelor's degree degree with an business major. It usually takes 4-6 years of experience to become a president and managing director. President and managing directors with a Certified Aviation Manager (CAM) certification earn more money. Between 2018 and 2028, the career is expected to grow 6% and produce 189,200 job opportunities across the U.S.

ScorePresident And Managing DirectorUS Average

Salary

8.7

Avg. Salary $142,254

Avg. Salary $59,228

Stability level

9.6

Growth rate 6%

Growth rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.47%

Asian 6.36%

Black or African American 6.18%

Hispanic or Latino 15.19%

Unknown 4.34%

White 67.46%

Gender

female 26.16%

male 73.84%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

9.6

Stress level is very high

7.1 - high

Complexity level

9.2

Complexity level is advanced

7 - challenging

Work life balance

3.6

Work life balance is poor

6.4 - fair

Key steps to become a president and managing director

Explore president and managing director education requirements

Most common president and managing director degrees

Bachelor's

64.6 %

Master's

18.7 %

Associate

7.3 %

Start to develop specific president and managing director skills

Skills	Percentages
Financial Services	14.05%
Product Development	9.14%
R	8.48%
Real Estate	5.37%
Non-Profit Organization	5.14%

Complete relevant president and managing director training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New president and managing directors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a president and managing director based on U.S. Bureau of Labor Statistics data and data from real president and managing director resumes.

Research president and managing director duties and responsibilities

Manage business start-up from formation including development of business and marketing plans, equipment selection/installation, staffing, and product offerings.
Monitor, track and analyze healthcare, pension and airline industry trends.
Provide consulting, health reform, benefits advisory and lobbying services to select health plan, government and healthcare clients.
Manage business start-up from formation including development of business and marketing plans, equipment selection/installation, staffing, and product offerings.

Get president and managing director experience

Generally, it takes 4-6 years to become a president and managing director. The most common roles before becoming a president and managing director include vice president, president team lead and director.

Apply for president and managing director jobs

Now it's time to start searching for a president and managing director job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

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President and managing director reviews

A zippia user wrote a review on Jun 2022

Cons

I am responsible for everything be it any side of the business