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What is a Business Development Analyst

Do you have superb analytical skills and an eye for detail? Are you drawn to big data? If you answered yes, then you may have what it takes to become a business development analyst. These professions monitor, analyze, and improve a business' offerings. They do this via conducting research collating data, and interpreting it.

As a business development analyst, your job isn't only to analyze trends. A large part of the job is also recommending possible actions based on your findings. If you work in-house, you may also be required to follow up on your recommendations.

A day in a business development analyst's life may include meeting with clients and stakeholders, collaborating with colleagues, studying data, and generating reports. They use skills like attention to detail, multitasking, and problem-solving to complete tasks.

To become a business development analyst, you'll need a degree in accounting, business, or related fields. Employers also favor internship experience when filling this role.

There is more than meets the eye when it comes to being a Business Development Analyst. For example, did you know that they make an average of $31.29 an hour? That's $65,076 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does a Business Development Analyst Do

There are certain skills that many Business Development Analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Interpersonal skills, Problem-solving skills and Time-management skills.

Learn more about what a Business Development Analyst does

How To Become a Business Development Analyst

If you're interested in becoming a Business Development Analyst, one of the first things to consider is how much education you need. We've determined that 73.8% of Business Development Analysts have a bachelor's degree. In terms of higher education levels, we found that 18.3% of Business Development Analysts have master's degrees. Even though most Business Development Analysts have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Business Development Analyst. When we researched the most common majors for a Business Development Analyst, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Business Development Analyst resumes include Associate Degree degrees or Diploma degrees.

You may find that experience in other jobs will help you become a Business Development Analyst. In fact, many Business Development Analyst jobs require experience in a role such as Business Analyst. Meanwhile, many Business Development Analysts also have previous career experience in roles such as Internship or Developer.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Microsoft Jobs (32)
  2. Citigroup Jobs (12)
  3. Thermo Fisher Scientific Jobs (12)
  4. Bank of America Jobs (18)
  5. JPMorgan Chase & Co. Jobs (18)
Average Salary
$65,076
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
229,265
Job Openings
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Business Development Analyst Career Paths

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Average Salary for a Business Development Analyst

Business Development Analysts in America make an average salary of $65,076 per year or $31 per hour. The top 10 percent makes over $95,000 per year, while the bottom 10 percent under $44,000 per year.
Average Salary
$65,076
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How much should you be earning as an Business Development Analyst? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
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5 Business Development Analyst Resume Examples

Learn How To Write a Business Development Analyst Resume

At Zippia, we went through countless Business Development Analyst resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Business Development Analyst Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Microsoft Jobs (32)
  2. Citigroup Jobs (12)
  3. Thermo Fisher Scientific Jobs (12)
  4. Bank of America Jobs (18)
  5. JPMorgan Chase & Co. Jobs (18)

Choose From 10+ Customizable Business Development Analyst Resume templates

Zippia allows you to choose from different easy-to-use Business Development Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Business Development Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Business Development Analyst Resume
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Business Development Analyst Resume
Business Development Analyst Resume
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Business Development Analyst Resume
Business Development Analyst Resume
Business Development Analyst Resume
Business Development Analyst Resume
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Business Development Analyst Resume

Business Development Analyst Demographics

Business Development Analyst Gender Distribution

Male
Male
61%
Female
Female
39%

After extensive research and analysis, Zippia's data science team found that:

  • Among Business Development Analysts, 38.9% of them are women, while 61.1% are men.

  • The most common race/ethnicity among Business Development Analysts is White, which makes up 68.0% of all Business Development Analysts.

  • The most common foreign language among Business Development Analysts is Spanish at 32.0%.

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Business Development Analyst Education

Business Development Analyst Majors

25.5 %
12.1 %

Business Development Analyst Degrees

Bachelors

73.8 %

Masters

18.3 %

Associate

5.5 %

Top Colleges for Business Development Analysts

1. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

6. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

9. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

10. University of Rochester

Rochester, NY • Private

In-State Tuition
$53,909
Enrollment
6,348
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Top Skills For a Business Development Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.8% of Business Development Analysts listed Business Development on their resume, but soft skills such as Interpersonal skills and Problem-solving skills are important as well.

Best States For a Business Development Analyst

Some places are better than others when it comes to starting a career as a Business Development Analyst. The best states for people in this position are Washington, Oregon, New Jersey, and Alaska. Business Development Analysts make the most in Washington with an average salary of $105,079. Whereas in Oregon and New Jersey, they would average $86,953 and $79,442, respectively. While Business Development Analysts would only make an average of $77,892 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Alaska

Total Business Development Analyst Jobs:
271
Highest 10% Earn:
$94,000
Location Quotient:
1.28
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Business Development Analyst Jobs:
317
Highest 10% Earn:
$109,000
Location Quotient:
1.03
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Oregon

Total Business Development Analyst Jobs:
977
Highest 10% Earn:
$137,000
Location Quotient:
0.93
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Business Development Analysts

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Top Business Development Analyst Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ Business Development Analysts and discovered their number of Business Development Analyst opportunities and average salary. Through our research, we concluded that Mediterranean Shipping Company was the best, especially with an average salary of $56,516. Lockheed Martin follows up with an average salary of $71,377, and then comes Microsoft with an average of $122,951. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a Business Development Analyst. The employers include McLane, Pearson Plc, and DaVita

Most Common Employers For Business Development Analyst

RankCompanyZippia ScoreAverage Business Development Analyst SalaryAverage Salary
1$122,951
2$100,707
3$94,791
4$91,493
5$91,017
6$85,802

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