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The differences between assistant vice presidents and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an assistant vice president and a vice president, business development. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $125,190 average annual salary of an assistant vice president.
The top three skills for an assistant vice president include AVP, risk management and project management. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Assistant Vice President | Vice President, Business Development | |
| Yearly salary | $125,190 | $165,159 |
| Hourly rate | $60.19 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 41,222 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An assistant vice president is responsible for supporting the company's strategies and procedures for growth and development, working alongside the board executives. Assistant vice presidents should ensure that all the company's policies and legal procedures comply with all employees. They also supervise every operations department's head to ensure the smooth flow of business processes, providing additional assistance and resources as needed. Assistant vice presidents also monitor the company's expenses and sales goals to improve the business' performance and profitability.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Assistant vice presidents and vice presidents, business development have different pay scales, as shown below.
| Assistant Vice President | Vice President, Business Development | |
| Average salary | $125,190 | $165,159 |
| Salary range | Between $96,000 And $163,000 | Between $104,000 And $262,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | Rhode Island | Washington |
| Best paying company | MetLife | Fanatics |
| Best paying industry | Finance | Manufacturing |
There are a few differences between an assistant vice president and a vice president, business development in terms of educational background:
| Assistant Vice President | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between assistant vice presidents' and vice presidents, business development' demographics:
| Assistant Vice President | Vice President, Business Development | |
| Average age | 52 | 52 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.6% White, 76.3% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |