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Become A Business Development Analyst

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Working As A Business Development Analyst

  • Analyzing Data or Information
  • Getting Information
  • Interacting With Computers
  • Interpreting the Meaning of Information for Others
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Make Decisions

  • $59,480

    Average Salary

What Does A Business Development Analyst Do At L3 Technologies

* Support business development activities and associated functions associated with the undersea and related maritime domains
* Conduct comprehensive research of business opportunities, budgets, and potential acquisitions
* Conduct research and analysis of potential competitors within the defense and intelligence community markets
* Prepare packages for “Black Hat” competitive analysis activities
* Maintain a data base of market research data
* Prepare and give presentations on results of research activities
* Support proposal activities
* Coordinate with staff from other L3 divisions as necessary
* Coordinate with support contractors for external research activities
* Maintain a strong understanding of the competitive market
* Conduct business development activities with impeccable ethics
* Support full compliance with Division, Corporate, and government policies.
* KNOWLEDGE

What Does A Business Development Analyst Do At Penn National Gaming

* Responsible for supporting the Company’s business development efforts by analysis and recommendation of new development initiatives.
* Assists with identifying shortcomings for pending transactions in terms of due diligence with respect to the pending use of the property/premises.
* Performs market analysis using historical data to forecast the market trends and determine market elasticity.
* Market analysis includes understanding the seasonality, marketing programs, capacity constraints, future expansion plans and regulatory changes in order to predict competitor market growth.
* Partners with Director of Corporate Development, Finance, and Operations to develop and implement financial models for potential sites and projects.
* Ensures systems and methods are in place to gather data in a timely, accurate, and consistent manner.
* Develops and maintains communication vehicles to distribute key operating metrics and analytical findings.
* Performs ad hoc analysis on all business development operations.
* Prepares ad hoc reports as necessary.
* Conducts demographic analysis to understand market changes and makes recommendations to Director based upon analysis.
* Prepares initial site and market analysis including demographic reports, maps, competition reports, and general site information.
* Analyzes potential merger and acquisition opportunities and makes recommendations to Director based upon findings.
* Conducts financial analysis of any business development related projects, either by revenue driving initiatives or expense controls, culminating in actionable recommendations to senior leadership.
* Analyzes data to identify trends for use in forecasts and budgets.
* Assists Director and senior leadership withfinancial and market due diligence.
* Assembles presentations for senior leadership as assigned to include, but not limited to, analysis findings.
* Conducts market analysis and maintains database pertaining to marketing information.
* Makes recommendations to Director based upon analysis.
* Studies and evaluates demographic data and benchmarks, trade area and site variables to develop strategy and tactical plans.
* Reports findings to Director and makes recommendations based upon evaluations.
* Prepares and maintains reports and documents for executive management, including updates of all active & idle sites, proposed site packages for committee review, new location status and renewal /expiration /terminations reports.
* Prepares Strategic Plan Reports as assigned and assists Director of Corporate Development for presentations to Executive Committee.
* Responsible for ensuring the compliance with all regulatory compliance within area of responsibility and reporting potential issues to management.
* Maintains strict confidentiality in all departmental and company matters.
* To be successful in this position it will require the following skill set

What Does A Business Development Analyst Do At Duke University

* Project Coordination_
* Coordinate multi-disciplinary work groups in collaboration with leadership
* Create project management work stream organization / tracking mechanisms
* Establish and monitor project timelines
* Coordinate logistics for multi-disciplinary work groups
* Create meeting materials including, agendas, presentations, spreadsheets, meeting minutes, and reports for leadership and project teams
* Coordinate due diligence processes by working with external and internal parties to collect and review data and documentation
* Business Planning_
* Provide market research and analysis towards development of strategic organizational targets, new program development, identification of business opportunities and evaluation of existing affiliate relationships; to include in part, health organization research as well as compilation and analysis of market information
* Synthesize data, translating it in a useful way and presenting the information for use by senior leadership -- in support of the evaluation and execution of strategic initiatives that enhance access to services
* Assist in drafting written business plans to include in part, guiding principles, goals, market / financial / risk assessments, operational imperatives, timelines and success factors
* Assist in development of Network Services strategies and ongoing goal monitoring
* Assist with the evaluation of new or alternative decision support and project management tools and/or systems
* Presentation Production_
* Draft, coordinate production and maintain a library of PowerPoint presentations in support of initiatives across the Network Services department
* Provide presentation production across Network Services department, including but not limited to business development efforts, strategic planning efforts, operational updates, pipeline updates, employee forums and marketing
* Utilize design and branding conventions to produce professional, executive level documentation that incorporates a variety of graphics, graphs, tables and text
* Other Institutional and Divisional Support:
* Assist with the Certificate of Need process as applicable
* Interact with Strategic Planning department to discuss project progress, priorities and alignment with Network Services strategic initiative; coordinate efforts and share information with Network Services leadership as applicable

What Does A Business Development Analyst Do At System One Services

* Research product acquisition and licensing targets
* Analyze competitive drug landscape from both financial and scientific perspectives
* Create product and company models and construct term sheets
* Creating financial and forecasting models which can be applied across therapy areas of interest and flexible to accommodate a variety of deal structures
* Review potential in-licensing candidates
* Contribute and support clinical initiatives to improve the quality and content of all clinical programs as well as the cross functional/organization processes designed to effectively deliver R&D portfolio
* Support senior management in deal negotiations, due diligence and executio

What Does A Business Development Analyst Do At Corning Incorporated

* Account management –manage existing accounts and strategically target new customers based upon market analysis.
* Establish demand for products through initial sales calls, customer meetings, and technical reviews.
* Analyze markets and new business opportunities.
* Work with program teams, existing business teams and internal and external resources to develop and recommend strategies for market and product development.
* Guide customers through value creation to establish additional demand and support pricing strategies.
* Interact with senior external personnel on significant technical and commercial matters often requiring coordination between departments and organizations.
* Interact with senior management to review program and secure resources for program execution.
* Communicate key customer needs internally to ensure proper positioning of existing products and the roadmap for future product development.
* Progress customers through the CPT sales cycle through solid follow-up, as well as creatively finding new ways to advance the customer.
* Track key opportunities in Salesforce.com to ensure proper forecasting of sales performance and product needs

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How To Become A Business Development Analyst

Most market research analysts need at least a bachelor’s degree. Top research positions may require a master’s degree. Strong math and analytical skills are essential. 

Education

Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or communications.

Courses in statistics, research methods, and marketing are essential for these workers. Courses in communications and social sciences, such as economics or consumer behavior, are also important.

Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research. 

Licenses, Certifications, and Registrations

Certification is voluntary, but analysts may pursue certification to demonstrate a level of professional competency. The Marketing Research Association offers the Professional Researcher Certification (PRC) for market research analysts. Candidates qualify based on experience and knowledge; they must pass an exam, be a member of a professional organization, and have at least 3 years working in opinion and marketing research. Individuals must complete 20 hours of industry-related continuing education courses every 2 years to renew their certification.

Important Qualities

Analytical skills. Market research analysts must be able to understand large amounts of data and information. 

Communication skills. Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients. 

Critical-thinking skills. To determine what marketing strategy would work best for a company, market research analysts must assess all available information.

Detail oriented. Market research analysts must be detail oriented because they often do precise data analysis.

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Business Development Analyst jobs

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Business Development Analyst Career Paths

Business Development Analyst
Analyst Data Analyst Marketing Coordinator
Associate Marketing Manager
5 Yearsyrs
Account Executive Marketing Director
Brand Director
11 Yearsyrs
Program Manager Project Director Research Manager
Consumer Marketing Manager
6 Yearsyrs
Business Developer Business Development Manager
Director Of Sales
10 Yearsyrs
Analyst Product Manager Marketing Manager
Director, Global Marketing
12 Yearsyrs
Senior Finance Analyst Senior Business Analyst Product Manager
Director, Product Marketing
11 Yearsyrs
Business Developer Business Development Consultant Business Development Manager
Marketing Director
7 Yearsyrs
Program Manager Marketing Consultant
Marketing Lead
6 Yearsyrs
Business Development Manager Senior Account Manager Account Executive
Marketing Manager
6 Yearsyrs
Product Manager Marketing Consultant Marketing Communications Manager
Marketing Program Manager
7 Yearsyrs
Product Manager Sales Manager Marketing Consultant
Marketing Strategist
6 Yearsyrs
Senior Finance Analyst Senior Manager Business Developer
Marketing/Business Development
8 Yearsyrs
Project Manager Senior Project Manager Senior Product Manager
Product Management Director
12 Yearsyrs
Project Manager Program Manager Marketing Manager
Product Marketing Manager
7 Yearsyrs
Account Executive Marketing Manager
Regional Marketing Manager
7 Yearsyrs
Business Development Manager Marketing Director
Senior Director Of Marketing
13 Yearsyrs
Marketing Manager General Manager Senior Manager
Senior Manager Of Marketing
9 Yearsyrs
Business Analyst Product Manager
Senior Product Manager
9 Yearsyrs
Marketing Manager Product Marketing Manager
Senior Product Marketing Manager
10 Yearsyrs
Business Analyst Program Manager Business Developer
Vice President, Business Development
13 Yearsyrs
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Business Development Analyst Demographics

Gender

  • Male

    56.6%
  • Female

    40.5%
  • Unknown

    3.0%

Ethnicity

  • White

    70.6%
  • Asian

    14.6%
  • Hispanic or Latino

    10.7%
  • Unknown

    2.8%
  • Black or African American

    1.3%
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Languages Spoken

  • Spanish

    29.2%
  • Chinese

    11.7%
  • Mandarin

    10.4%
  • French

    10.4%
  • Portuguese

    6.5%
  • Japanese

    4.5%
  • Russian

    3.2%
  • Cantonese

    3.2%
  • Italian

    3.2%
  • German

    3.2%
  • Hindi

    2.6%
  • Arabic

    2.6%
  • Turkish

    1.3%
  • Vietnamese

    1.3%
  • Carrier

    1.3%
  • Croatian

    1.3%
  • Hebrew

    1.3%
  • Polish

    1.3%
  • Hungarian

    0.6%
  • Tamil

    0.6%
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Business Development Analyst

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Business Development Analyst Education

Business Development Analyst

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Real Business Development Analyst Salaries

Job Title Company Location Start Date Salary
Strategy & Business Development Analyst Arris Solutions, Inc. Horsham, PA Jul 27, 2016 $185,827 -
$228,500
Strategy & Business Development Analyst Arris Technology, Inc. Horsham, PA Feb 08, 2016 $185,827 -
$228,500
Business Development Analyst, Principal Lockheed Martin Corporation Orlando, FL Oct 09, 2016 $182,164
Strategy & Business Development Analyst Arris Technology, Inc. Horsham, PA Jul 04, 2016 $177,944
Business Development Analyst Abpro Corporation Woburn, MA Jun 15, 2016 $168,667
Business Development Analyst, Telecommunications (Latin American Market) Endeavor Link Inc. Suwanee, GA Nov 16, 2016 $163,696
Business Development Analyst Straidvalley Developments USA, Inc. Rockville, MD Sep 24, 2016 $150,000
Business Development Analyst GPE-USA LLC Rockville, MD Sep 25, 2016 $150,000
Business Development Analyst Straidvalley Developments USA, Inc. Rockville, MD May 09, 2016 $150,000
Business Development Analyst, Principal Lockheed Martin Corporation Orlando, FL Jul 31, 2015 $147,160 -
$199,598
Business Development Analyst Opportunity Network Inc. New York, NY Sep 02, 2015 $142,793
Business Development Cost Analyst Expolanka USA LLC NY Aug 18, 2015 $142,792
SR. Business Development Analyst Su-Raj Intergold New York, NY Jul 30, 2015 $142,792
Business Development Analyst FPT USA, Corp Renton, WA Jan 26, 2016 $140,504
Business Development Analyst Marvell Semiconductor Inc. Santa Clara, CA Nov 18, 2016 $68,500 -
$73,500
International Business Development Analyst Amidi Partners, LLC Sunnyvale, CA Sep 22, 2016 $68,500
International Business Development Analyst Plug & Play, LLC. Sunnyvale, CA Sep 22, 2016 $68,500
Business Development Analyst Dolby Laboratories, Inc. San Francisco, CA Aug 15, 2015 $68,266 -
$93,537
Business Development Analyst ICF Incorporated L.L.C. Fairfax, VA Dec 14, 2016 $67,995
Business Development Analyst ICF Incorporated, LLC Fairfax, VA Jun 12, 2016 $67,995
Business Development Analyst 3 Little Pigs, LLC New York, NY Jul 23, 2016 $67,285
Business Development Analyst Discover Momentum LLC Scottsdale, AZ Jul 31, 2015 $66,950
Business Stragegy and Development Analyst Rongcheng Trading, LLC Industry, CA Aug 01, 2015 $54,262
Business Development Analyst Vidhwan, Inc. San Jose, CA Sep 17, 2015 $54,262
Business Strategy and Development Analyst Rongcheng Trading, LLC Industry, CA Jan 08, 2016 $54,262
Business Development Analyst (Non-Manager) Cellularusa Inc. Farmers Branch, TX Mar 10, 2015 $54,246
Business Development Analyst Oldcastle Materials Inc. (A Oldcastle Inc. Subsidiary) Atlanta, GA Aug 26, 2015 $54,000
Business Development Analyst (Global Operations) Sealink International Inc. Dallas, TX Aug 20, 2016 $53,331
Business Development Analyst TYCO Electronics Corporation, A Te Connectivity Ltd. Company Berwyn, PA Sep 04, 2015 $53,000
Financial/Business Development Analyst-Seafood Legal Sea Foods, LLC Boston, MA Sep 02, 2015 $53,000

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Top Skills for A Business Development Analyst

BusinessDevelopmentActivitiesProposalDevelopmentFinancialModelsDataAnalysisMarketResearchRFPBusinessPlanDueDiligenceProceduresCRMSalesforceBusinessUnitMarketAnalysisCustomerServiceProjectManagementCompetitiveAnalysisMarketSharePotentialClientsPowerpointBusinessRequirements

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Top Business Development Analyst Skills

  1. Business Development Activities
  2. Proposal Development
  3. Financial Models
You can check out examples of real life uses of top skills on resumes here:
  • Lead global project team to develop a case study database to facilitate business development activities.
  • Acted as Proposal Development's subcontractor liaison, maintained subcontract agreements and ensured proper processing of subcontract invoices.
  • Increased efficiency and accuracy by developing financial models for valuation, and price multiple analysis.
  • Influence leadership decisions through presentation of data analysis.
  • Prepare market research summary of information on targeted business development opportunities.

Top Business Development Analyst Employers

Business Development Analyst Videos

Career Advice on becoming a Business Development Manager by Victoria P (Full Version)

Day in the Life: Clara, WW Business Development Manager

Career Advice on becoming a Business Development Manager by Dave N (Full Version)

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