Q: Do managing directors get paid well?

Yes, managing directors get paid well. The average base salary for managing directors is $160,500, or roughly $77 an hour. Management directors direct and control company operations which is a position similar to the Chief Executive. Managing Director (MD) describes a corporate position similar to a CEO and high-level investment banker.

Q: How much do top managing directors make?

Top managing directors make millions of dollars. Anyone earning under a million in investment banking is considered a poor performer at the highest levels. Their job is fully responsible for winning deals and clients and are ultimately responsible for investment banking revenue.

Question 1

How much does a managing director make?

Accepted Answer

The average managing director salary in the United States is $129,690. Managing director salaries typically range between $72,000 and $233,000 yearly. The average hourly rate for managing directors is $62.35 per hour.

Managing director salary is impacted by location, education, and experience. Managing directors earn the highest average salary in New York.

Question 2

What state pays Managing Directors the most?

Accepted Answer

New York pays Managing Directors the most in the United States, with an average salary of $166,113 per year, or $79.86 per hour.

Question 3

How do I know if I'm being paid fairly as a managing director?

Accepted Answer

You know if you are being paid fairly as a managing director if your pay is close to the average pay for the state you live in. For example, if you live in Connecticut you should be paid close to $153,104 per year.

Question 4

What is a good starting salary for a Managing Director?

Accepted Answer

A good starting salary for a managing director is $107,000 in the United States. That puts you in the 10th percentile of annual income for a managing director in the U.S., which is about what you would expect if you were new to the field. The average salary for managing directors is $196,703, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a managing director can vary by state.

Question 5

Do managing directors get paid well?

Accepted Answer

Yes, managing directors get paid well. The average base salary for managing directors is $160,500, or roughly $77 an hour.

Management directors direct and control company operations which is a position similar to the Chief Executive. Managing Director (MD) describes a corporate position similar to a CEO and high-level investment banker.

Question 6

How much do big 4 managing directors make?

Accepted Answer

Big 4 managing directors make about $290,000 compared to the national average of $160,500. The Big 4 is a nickname for the biggest accounting firms in the United States and includes Deloitte, Ernst & Young, Price Water House Coopers, and KPMG.

Question 7

How much do top managing directors make?

Accepted Answer

Top managing directors make millions of dollars. Anyone earning under a million in investment banking is considered a poor performer at the highest levels. Their job is fully responsible for winning deals and clients and are ultimately responsible for investment banking revenue.

Question 8

How much does a finance managing director make?

Accepted Answer

A finance managing director makes $125,677 a year, on average. There is a considerable range in how much a finance director can make - starting from as little as $92,000 a year to as much as $363,000 a year. Factors such as location and industry impact how much a finance managing director can make.

Question 9

How much does a managing director make at JP Morgan?

Accepted Answer

A managing director at JP Morgan makes about $350,000 and above. In 2020, the JP Morgan average salary was $375,735, or $193 an hour; additional bonuses and stock options over the base wage significantly increase this base.

Question 10

What are the qualifications for a managing director?

Accepted Answer

The qualifications for a managing director are 10 to 20 years of work experience and a proven management track record when referring to executive leadership positions. As the managing director, you are running the company at the very top.

Experience level	Avg. salary	Hourly rate
Entry-level managing director	$53,400	$25.68
Mid-level managing director	$82,500	$39.66
Senior-level managing director	$150,000	$71.92

Rank	State	Avg. salary	Hourly rate
1	New York	$166,113	$79.86
2	Connecticut	$153,104	$73.61
3	Delaware	$140,200	$67.40
4	New Jersey	$147,835	$71.07
5	Massachusetts	$142,536	$68.53
6	District of Columbia	$148,131	$71.22
7	Louisiana	$130,354	$62.67
8	South Dakota	$124,974	$60.08
9	Rhode Island	$134,195	$64.52
10	North Carolina	$129,906	$62.45
11	California	$133,285	$64.08
12	Virginia	$132,993	$63.94
13	Illinois	$120,339	$57.86
14	Wisconsin	$122,626	$58.95
15	Washington	$122,606	$58.95
16	Ohio	$121,307	$58.32
17	Colorado	$123,872	$59.55
18	Alabama	$114,257	$54.93
19	Texas	$116,464	$55.99
20	Pennsylvania	$118,631	$57.03
21	Maryland	$127,037	$61.08
22	Maine	$117,967	$56.71
23	Michigan	$122,159	$58.73
24	New Hampshire	$118,701	$57.07
25	Nevada	$115,963	$55.75
26	Vermont	$111,597	$53.65
27	Tennessee	$115,829	$55.69
28	West Virginia	$103,195	$49.61
29	South Carolina	$105,613	$50.78
30	Georgia	$109,827	$52.80
31	Oregon	$107,925	$51.89
32	Wyoming	$105,545	$50.74
33	Arkansas	$105,183	$50.57
34	Oklahoma	$102,858	$49.45
35	Arizona	$105,242	$50.60
36	Minnesota	$107,861	$51.86
37	Nebraska	$104,632	$50.30
38	New Mexico	$106,118	$51.02
39	Kansas	$103,683	$49.85
40	Florida	$101,927	$49.00
41	Mississippi	$94,292	$45.33
42	Alaska	$104,597	$50.29
43	Utah	$99,081	$47.64
44	Indiana	$102,350	$49.21
45	Hawaii	$103,486	$49.75
46	North Dakota	$99,540	$47.86
47	Montana	$90,784	$43.65
48	Iowa	$96,246	$46.27
49	Missouri	$95,871	$46.09
50	Idaho	$93,206	$44.81
51	Kentucky	$88,229	$42.42

Rank	City	Avg. salary	Hourly rate
1	New York, NY	$184,800	$88.85
2	Stamford, CT	$163,617	$78.66
3	Washington, DC	$157,328	$75.64
4	Jersey City, NJ	$156,922	$75.44
5	Boston, MA	$150,294	$72.26
6	Menlo Park, CA	$143,005	$68.75
7	Arlington, VA	$138,368	$66.52
8	Raleigh, NC	$136,419	$65.59
9	Baltimore, MD	$130,386	$62.69
10	Denver, CO	$126,758	$60.94
11	Cleveland, OH	$126,336	$60.74
12	Seattle, WA	$126,084	$60.62
13	Chicago, IL	$124,032	$59.63
14	Philadelphia, PA	$120,959	$58.15
15	Austin, TX	$120,844	$58.10
16	Portland, ME	$120,442	$57.90
17	Las Vegas, NV	$118,364	$56.91
18	Columbus, GA	$111,800	$53.75
19	Minneapolis, MN	$108,888	$52.35
20	Portland, OR	$107,968	$51.91

Percentile	Annual salary	Monthly salary	Hourly rate
90th Percentile	$233,000	$19,417	$112
75th Percentile	$176,000	$14,667	$85
Average	$129,690	$10,808	$62
25th Percentile	$95,000	$7,917	$46
10th Percentile	$72,000	$6,000	$35

Job title	Annual salary	Monthly salary	Hourly rate	Job openings
Division Vice President	$158,729	$13,227	$76.31	68,176
Director Of Operations And Finance	$118,503	$9,875	$56.97	186,569
Director Of Business Operations	$111,945	$9,329	$53.82	202,032
Director Of Managed Services	$120,859	$10,072	$58.11	117,659
Regional Director Of Operations	$115,156	$9,596	$55.36	130,533
Group Director	$149,193	$12,433	$71.73	89,420

Managing director salary

Average managing director salary

$129,690