I have heard these two terms but I do not know the difference between them. Are they the same?
They are different. Managed mode is for pretty much normal WiFi connections (a client connecting to an access point). Managed mode will ignore frames that go to a different MAC address. Promiscuous mode will process them.
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Does that mean promiscuos mode is like monitor mode but in the the range when I have been connected to the specific AP? – Danny Jan 12 at 18:06
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1Yes, promiscuous mode only captures from the network you are connected to. See What is the difference between Promiscuous and Monitor Mode in Wireless Networks for more. – Kirishima Jan 12 at 18:13
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1And depending on drivers can also inject packets in promiscuous mode. +1 – Tim_Stewart Jan 13 at 5:39