Senior managed vs managing director

The differences between senior manageds and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior managed, becoming a managing director takes usually requires 4-6 years. Additionally, a managing director has an average salary of $129,690, which is higher than the $107,923 average annual salary of a senior managed.

The top three skills for a senior managed include project management, portfolio and emerging technologies. The most important skills for a managing director are healthcare, portfolio, and business development.

Senior managed vs managing director overview

	Senior Managed	Managing Director
Yearly salary	$107,923	$129,690
Hourly rate	$51.89	$62.35
Growth rate	17%	6%
Number of jobs	49,112	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 68%
Average age	46	44
Years of experience	8	6

What does a senior managed do?

Senior managers are responsible for organizing and managing the performance of a group of individuals. They observe their work and rectify actions when necessary. These managers usually direct the most important group in the company and may supervise the workers directly or guide their supervisors that in turn, managed them. Their duties include controlling the overall financial budgeting. Also, they approve hiring and firing requests within the company and guide the distinguishing of talents as well as the growth processes for the function. Additionally, they work with senior management and other peers for the establishment of strategies and implementation planning.

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.

Senior managed vs managing director salary

Senior manageds and managing directors have different pay scales, as shown below.

	Senior Managed	Managing Director
Average salary	$107,923	$129,690
Salary range	Between $71,000 And $162,000	Between $72,000 And $233,000
Highest paying City	Sacramento, CA	New York, NY
Highest paying state	Washington	New York
Best paying company	Walmart	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Technology	Finance

Differences between senior managed and managing director education

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

	Senior Managed	Managing Director
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Senior managed vs managing director demographics

Here are the differences between senior manageds' and managing directors' demographics:

	Senior Managed	Managing Director
Average age	46	44
Gender ratio	Male, 61.6% Female, 38.4%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3%	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%
LGBT Percentage	11%	10%

Differences between senior managed and managing director duties and responsibilities

Senior managed example responsibilities.

Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
Provide DoD specific perspective of information security enhancing interoperability with IC.
Determine need for and plane detailed assessments of logistics situations which adversely affect readiness.
Direct all technical deployments and job scheduling with oversight for vendor and operations management.
Spearhead internal and external logistics network optimization projects to secure material cost and lead-time reductions.
Develop custom connectors to reconcile data from applications by interacting at database layer and performing provisioning for account and entitlement operations.

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.

Senior managed vs managing director skills

Common senior managed skills

Project Management, 10%
Portfolio, 9%
Emerging Technologies, 6%
Mutual Funds, 5%
Risk Management, 4%
Working Independently, 4%

Common managing director skills

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

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Senior Managed vs Managing Director

Updated January 8, 2025

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