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Working as a Business Development Analyst

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 $30.71 an hour? That's $63,878 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 analytical skills, critical-thinking skills and creativity.

When it comes to the most important skills required to be a business development analyst, we found that a lot of resumes listed 19.4% of business development analysts included business development, while 12.0% of resumes included business requirements, and 5.9% of resumes included market research. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business development analyst job title. But what industry to start with? Most business development analysts actually find jobs in the technology and health care industries.

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 50.6% of business development analysts have a bachelor's degree. In terms of higher education levels, we found that 40.8% 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.

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Average Salary$63,878
Job Growth Rate14%

Business Development Analyst Jobs

Business Development Analyst Career Paths

Top Careers Before Business Development Analyst

Top Careers After Business Development Analyst

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Average Salary for a Business Development Analyst

Business Development Analysts in America make an average salary of $63,878 per year or $31 per hour. The top 10 percent makes over $91,000 per year, while the bottom 10 percent under $44,000 per year.
Average Salary
$63,878

Best Paying Cities

Average Salary
Salary Range63k - 105k$82k$81,660
Salary Range61k - 103k$80k$79,555
Salary Range62k - 97k$78k$78,400
Salary Range59k - 99k$77k$76,960
Salary Range59k - 98k$77k$76,797
Salary Range52k - 87k$68k$67,957
$27k
$105k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Business Development (Financial) Analyst
Business Development (Financial) Analyst
TRC Staffing Services
TRC Staffing Services
10/14/2020
10/14/2020
$50,00010/14/2020
$50,000
Business Development Analyst-Origination
Business Development Analyst-Origination
Northwest Natural Gas Company
Northwest Natural Gas Company
10/04/2020
10/04/2020
$76,40010/04/2020
$76,400
Business Development Analyst-Origination
Business Development Analyst-Origination
NW Natural
NW Natural
10/03/2020
10/03/2020
$76,40010/03/2020
$76,400
Agile-Business Developer/Analyst
Agile-Business Developer/Analyst
Randstad
Randstad
09/18/2020
09/18/2020
$114,78509/18/2020
$114,785
Business Analyst-Automation Development
Business Analyst-Automation Development
Idaho Division of Human Resources
Idaho Division of Human Resources
02/27/2020
02/27/2020
$56,34902/27/2020
$56,349
See More Recent Salaries

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Business Development Analyst Demographics

Gender

male

57.6%

female

37.2%

unknown

5.2%

Ethnicity

White

70.2%

Asian

13.5%

Hispanic or Latino

7.1%

Foreign Languages Spoken

Spanish

32.0%

French

11.9%

Mandarin

9.7%
See More Demographics

Business Development Analyst Education

Majors

Finance
16.9%

Degrees

Bachelors

50.6%

Masters

40.8%

Certificate

3.2%

Top Colleges for Business Development Analysts

1. Northwestern University

Evanston, IL

Tuition and fees
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA

Tuition and fees
$55,584
Enrollment
10,764

3. New York University

New York, NY

Tuition and fees
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA

Tuition and fees
$56,225
Enrollment
19,548

5. Harvard University

Cambridge, MA

Tuition and fees
$50,420
Enrollment
7,582

6. George Washington University, The

Washington, DC

Tuition and fees
$55,230
Enrollment
12,161

7. Lehigh University

Bethlehem, PA

Tuition and fees
$52,930
Enrollment
5,030

8. Pennsylvania State University

University Park, PA

Tuition and fees
$18,454
Enrollment
40,108

9. University of Georgia

Athens, GA

Tuition and fees
$11,830
Enrollment
29,474

10. University of Rochester

Rochester, NY

Tuition and fees
$53,909
Enrollment
6,348
See More Education Info

Entry Level Jobs For Becoming A Business Development Analyst

Job type you want
Full Time
Part Time
Internship
Temporary

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, 19.4% of business development analysts listed business development on their resume, but soft skills such as analytical skills and critical-thinking 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 Connecticut, New Jersey, Massachusetts, and Maryland. Business development analysts make the most in Connecticut with an average salary of $84,117. Whereas in New Jersey and Massachusetts, they would average $81,148 and $79,599, respectively. While business development analysts would only make an average of $77,456 in Maryland, 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. Connecticut

Total Business Development Analyst Jobs:
754
Highest 10% Earn:
$136,000
Location Quotient:
1.23
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. Massachusetts

Total Business Development Analyst Jobs:
1,984
Highest 10% Earn:
$129,000
Location Quotient:
1.23
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. New Jersey

Total Business Development Analyst Jobs:
1,554
Highest 10% Earn:
$130,000
Location Quotient:
1.04
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
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Business Development Analyst Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a business development analyst. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

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

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 best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

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Top Business Development Analyst Employers

1. Mediterranean Shipping Company
4.2
Avg. Salary: 
$43,532
Business Development Analysts Hired: 
280+
2. Lockheed Martin
4.9
Avg. Salary: 
$78,520
Business Development Analysts Hired: 
40+
3. Microsoft
4.9
Avg. Salary: 
$124,093
Business Development Analysts Hired: 
24+
4. TriZetto Healthcare Products
4.7
Avg. Salary: 
$78,774
Business Development Analysts Hired: 
23+
5. HP
4.8
Avg. Salary: 
$88,383
Business Development Analysts Hired: 
20+
6. Bank of America
4.8
Avg. Salary: 
$56,114
Business Development Analysts Hired: 
18+

Business Development Analyst Videos

Recently Added Business Development Analyst Jobs

Updated October 2, 2020