The job of a business development associate is exactly like it sounds. They help businesses develop strategies to boost sales, increase brand awareness, optimize efficiency, and meet other business goals. That said, their role is crucial in the continuity and longevity of a business.

To help a business achieve its goals in the most efficient and cost-effective way possible, a business development associate conducts research to analyze customer needs, develop appropriate strategies based on their findings, and help the business implement these strategies effectively. After which, a business development associate is also typically responsible for evaluating the effectiveness of these strategies and making modifications when necessary.

As expected, the ideal educational background for this role is a degree in business, but you can also qualify with a degree in marketing, finance, or communication. In terms of experience, most employers prefer candidates with as much experience in the industry as possible, but the minimum is usually two to three years.

When it comes to compensation, you can earn an average of $54,000 a year as a business development associate. Of course, this will depend on your education, expertise, and experience.

What Does a Business Development Associate Do

There are certain skills that many business development associates 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, communication skills and creativity.

Learn more about what a Business Development Associate does

How To Become a Business Development Associate

If you're interested in becoming a business development associate, one of the first things to consider is how much education you need. We've determined that 78.3% of business development associates have a bachelor's degree. In terms of higher education levels, we found that 11.7% of business development associates have master's degrees. Even though most business development associates have a college degree, it's impossible to become one with only a high school degree or GED.

Learn More About How To Become a Business Development Associate

Business Development Associate Career Paths

Average Salary for a Business Development Associate

Business Development Associates in America make an average salary of $65,126 per year or $31 per hour. The top 10 percent makes over $106,000 per year, while the bottom 10 percent under $39,000 per year.
Average Business Development Associate Salary
$65,126 Yearly
$31.31 hourly
$39,000
10 %
$65,000
Median
$106,000
90 %

What Am I Worth?

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How To Become a Business Development Associate
How To Become a Business Development Associate Career Overview

States With The Most Business Development Associate Jobs

Mouse over a state to see the number of active business development associate jobs in each state. The darker areas on the map show where business development associates earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Business Development Associate Jobs By State

RankStateNumber of JobsAverage Salary
1California4,908$72,406
2Texas4,622$52,933
3Florida2,734$49,978
4Ohio2,469$60,600
5New York2,432$73,518
6Pennsylvania2,108$63,787
7Minnesota2,054$53,390
8Michigan2,027$63,034
9Georgia1,841$51,071
10Illinois1,826$57,829
11Missouri1,469$58,186
12Indiana1,430$55,656
13Massachusetts1,423$74,210
14Wisconsin1,419$63,116
15Tennessee1,395$56,094
16Virginia1,345$62,993
17Arizona1,268$63,851
18North Carolina1,120$61,568
19New Jersey1,105$71,761
20South Carolina913$55,348
21Alabama885$54,285
22Kentucky875$57,886
23Washington824$79,863
24Kansas818$62,100
25Colorado813$58,958
26Iowa792$60,426
27Arkansas734$55,282
28Oregon732$83,180
29Maryland654$66,872
30Louisiana641$61,683
31Nebraska629$59,121
32Oklahoma614$53,452
33Nevada584$62,393
34New Mexico523$51,782
35Utah481$67,522
36Connecticut402$83,586
37Mississippi375$54,904
38West Virginia295$62,800
39South Dakota290$57,641
40Montana233$54,034
41Alaska219$53,031
42Rhode Island211$67,413
43New Hampshire209$73,999
44North Dakota186$57,143
45Idaho185$59,354
46Maine171$66,217
47Delaware169$69,851
48Wyoming152$52,377
49Hawaii151$60,236
50Vermont126$62,168

Business Development Associate Education

Business Development Associate Majors

27.6 %
10.4 %

Business Development Associate Degrees

Bachelors

78.3 %

Masters

11.7 %

Associate

5.7 %

Top Colleges for Business Development Associates

1. University of Southern California

Los Angeles, CA • Private

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

2. University of Pennsylvania

Philadelphia, PA • Private

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

3. Western Carolina University

Cullowhee, NC • Private

In-State Tuition
$3,926
Enrollment
9,835

4. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

5. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

6. Northwestern University

Evanston, IL • Private

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

7. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

8. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

9. Bowling Green State University

Bowling Green, OH • Private

In-State Tuition
$11,105
Enrollment
13,729

10. SUNY College at Plattsburgh

Plattsburgh, NY • Private

In-State Tuition
$8,369
Enrollment
5,229

Top Skills For a Business Development Associate

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, 9.2% of business development associates listed customer service on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Business Development Associate Resume templates

Zippia allows you to choose from different easy-to-use Business Development Associate templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Business Development Associate 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 Associate Demographics

Business Development Associate Gender Distribution

Male
Male
55%
Female
Female
46%

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

  • Among business development associates, 45.5% of them are women, while 54.5% are men.

  • The most common race/ethnicity among business development associates is White, which makes up 73.9% of all business development associates.

  • The most common foreign language among business development associates is Spanish at 37.0%.

Work Experience Programs For Business Development Associates

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Software Development Program

Company: Standard Bank

Cost: Free

Duration: 4.5-5.5 hours

Markets - Sales & Trading Program

Company: Citi APAC

Cost: Free

Duration: 5-6 hours

Business and Human Rights Program

Company: Clifford Chance

Cost: Free

Duration: 7.5-8.5 hours

Professional Skills Development Program

Company: Two Sigma

Cost: Free

Duration: 5-6 hours

Developer Program

Company: Accenture Nordics

Cost: Free

Duration: 2-3 hours

Markets (Sales & Trading) Program

Company: JPMorgan Chase

Cost: Free

Duration: 4-5 hours

Law and Professional Development Program

Company: Clyde & Co

Cost: Free

Duration: 4.5 hours

Global Banking & Markets Program

Company: HSBC

Cost: Free

Duration: 5-6 hours

Global Finance and Business Management Program

Company: JPMorgan Chase & Co.

Cost: Free

Duration: 4-5 hours

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Best States For a Business Development Associate

Some places are better than others when it comes to starting a career as a business development associate. The best states for people in this position are Connecticut, Oregon, Washington, and Massachusetts. Business development associates make the most in Connecticut with an average salary of $83,586. Whereas in Oregon and Washington, they would average $83,180 and $79,863, respectively. While business development associates would only make an average of $74,210 in Massachusetts, 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. Oregon

Total Business Development Associate Jobs:
732
Highest 10% Earn:
$142,000
Location Quotient:
0.93

2. Connecticut

Total Business Development Associate Jobs:
402
Highest 10% Earn:
$145,000
Location Quotient:
0.64

3. Massachusetts

Total Business Development Associate Jobs:
1,423
Highest 10% Earn:
$129,000
Location Quotient:
0.81
Full List Of Best States For Business Development Associates

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Top Business Development Associate 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 associates and discovered their number of business development associate opportunities and average salary. Through our research, we concluded that Staples Business Advantage was the best, especially with an average salary of $71,908. Staples follows up with an average salary of $53,543, and then comes Arrow Electronics with an average of $63,011. 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 associate. The employers include Thermo Fisher Scientific, UnitedHealth Group, and Res-Care Premier

Most Common Employers For Business Development Associate

RankCompanyAverage SalaryHourly RateJob Openings
1Two Sigma$125,379$60.2812
2BlackRock$108,096$51.9713
3InfosysPublicService$101,657$48.8728
4U.S. Bank$82,950$39.8819
5Halliburton$81,781$39.3217
6WMC Mortgage$76,756$36.9027
7City and County of Denver Government$73,506$35.3412
8Staples Business Advantage$71,908$34.57156
9AutoNation$71,693$34.4714
10Rainmaker Systems$64,026$30.7814

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