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The differences between vice presidents of professional services 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 vice president of professional services, becoming a managing director takes usually requires 4-6 years. Additionally, a vice president of professional services has an average salary of $168,634, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a vice president of professional services include service delivery, professional services organization and financial services. The most important skills for a managing director are healthcare, portfolio, and business development.
| Vice President Of Professional Services | Managing Director | |
| Yearly salary | $168,634 | $129,690 |
| Hourly rate | $81.07 | $62.35 |
| Growth rate | 5% | 6% |
| Number of jobs | 148,865 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
A vice president of professional services spearheads and oversees programs and projects, ensuring efficiency and client satisfaction. They are responsible for managing staff, liaising with key clients and business partners, supervising the development of services, studying client feedback, and monitoring the progress of all operations, resolving concerns should any arise. They must also produce and present reports to the president, coordinating regularly. Moreover, a vice president must implement the company's policies and regulations, developing new ones as needed.
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.
Vice presidents of professional services and managing directors have different pay scales, as shown below.
| Vice President Of Professional Services | Managing Director | |
| Average salary | $168,634 | $129,690 |
| Salary range | Between $114,000 And $247,000 | Between $72,000 And $233,000 |
| Highest paying City | Portland, OR | New York, NY |
| Highest paying state | Oregon | New York |
| Best paying company | Oden | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | Start-up | Finance |
There are a few differences between a vice president of professional services and a managing director in terms of educational background:
| Vice President Of Professional Services | Managing Director | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between vice presidents of professional services' and managing directors' demographics:
| Vice President Of Professional Services | Managing Director | |
| Average age | 46 | 44 |
| Gender ratio | Male, 81.8% Female, 18.2% | Male, 73.5% Female, 26.5% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | 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 | 7% | 10% |