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Become A Business Development Associate

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Working As A Business Development Associate

  • $66,000

    Average Salary

What Does A Business Development Associate Do At United Technologies Corporation

* Market research and financial analysis:
* Analyze market share evolution and key competitors’ movement
* Track macro-economic trends, industry development activities and regulatory updates
* Perform segment research and gather market intelligence
* Work with finance and other functional groups to analyze GFP’s market positioning
* Strategy development:
* Support the development of data based organic and in-organic growth strategies globally
* Support strategic planning process
* Prepare strategy analysis and presentations to senior management
* Strategy execution:
* Support business units on selected strategic initiatives, including drafting business cases, coordinating internal alignment, developing execution plans, and providing project management and data analytic support
* M&A strategy and execution:
* Support M&A strategy development
* Identify / Source M&A targets per business mandate
* Support deal execution end to end, including profiling targets, working with business and functional leads to evaluate strategic fit, performing valuation / financial modeling, identifying deal risks, proposing deal structures, project managing due diligence, participating in negotiations, and drafting deal documents
* Management reporting:
* Prepare analysis and presentations for regular business strategy update and other management reporting
* Track progress on strategic initiatives

What Does A Business Development Associate Do At Raymond James

* Assists in sourcing and developing new financial advisor affiliations to achieve recruiting goals.
* Assists with the creation of business development strategies, and with maintaining and expanding referral sources including the coordination of target marketing campaigns.
* Maintains a prospect database; generates reports as needed.
* Proactively calls existing prospects to educate them on RJFS products and services.
* Responds to incoming calls and inquiries including research, follow-up, sending out materials and obtaining background information.
* Gathers information and data on prospects to be used in the sales process.
* Participates in conference calls with prospects.
* May participate with recruiter in office visits with prospective and new affiliates to identify business portfolio mix and to address issues, interests and concerns.
* Hosts prospects during their HOV, coordinates with the recruiter to ensure any issues, interests or concerns are addressed.
* Coordinates with other functional areas to ensure a professional recruiting process.
* Prepares payout analyses based on prospect's production and mix of business; generates proposals for prospects.
* Coordinates /oversees the transition process for internal transfers and/or new affiliates and ensure target dates are met.
* Follow-up with new affiliates to ensure high quality service delivery during their transition.
* Ensures proper execution of every step of the commit /onboarding process, including all necessary document preparation and approvals.
* Maintain all files for new advisors and prospects.
* Coordinates all aspects of the National Conference, Regional Due Diligence Conferences and Drip Campaigns.
* Develops and maintains strong relationships with Home Office Departments along with current Branch Managers.to aid in research for prospects and the assisting in the addition of new advisors.
* Serve as backup to Recruiter and Administrative Manager

What Does A Business Development Associate Do At Arvato Bertelsmann

* Utilize resources to obtain leads for new business
* Make phone calls to prospective health care clients and engage in dialogue regarding our solutions and their needs
* Build a robust pipeline
* Obtain demos and meetings through phone, e-mail, and direct mail efforts.
* Present our solutions to prospective clients at meetings and trade shows
* Obtain RFIs and RFPs related to our services and work in a team environment to create a customized solution and meaningful proposal
* Engage in dialogue related to proposed solutions and work with the team to move it towards closure

What Does A Business Development Associate Do At American Bankers Association

* Prospect and conduct outreach (email and outbound calls) to banks and State Bankers Associations.
* Collaborate with ABA’s Membership team and Product Managers; and ABA Partner Sales Executives to create customized plans for sales efforts, support sales cycle success, and drive urgency.
* Educate banks and State Bankers Associations on the value of ABA’s endorsed solutions and make recommendations on solutions and services based on their specific business needs.
* Manage and respond to inbound requests from prospective banks.
* Recruit prospect banks to attend events, such as webinars or roundtable discussions to demonstrate the continued value of ABA’s endorsed solutions.
* Provide necessary support to the State Bankers Association, especially in activities relating to co-endorsed products and services

What Does A Business Development Associate Do At Managed Solution

* As an integral part of the Managed Solution sales force, you’ll leverage your superior relationship-building skills and a deep understanding of Managed Solution’s value proposition to nurture cool leads, build brand awareness, and support the Business Development Managers acquiring new logos for our Managed and Professional Services.
* The Key Performance Objectives:
* Source new sales opportunities: lead generation through outbound cold calls and emails
* Research accounts and prospects to identify decision-makers and technology needs
* Nurture cool leads: establish consultative relations, provide relevant solution information in accordance with marketing campaigns, identify pain points, build brand awareness
* Finding ways to differentiate Managed Solution by acting as a business consultant/solution provider
* Demonstrate hunter mentality: maintain a high volume of activity, including outbound calls, emails, and social selling,as well as researching and identifying new opportunities on a weekly basis
* Share lead information with outside sales reps to assist the close of the sales cycle
* Building, qualifying, and managing an accurate sales pipeline in a CRM environment
* Meeting/exceeding sales quota and lead generation activity expectations

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Business Development Associate Career Paths

Business Development Associate
Business Development Director Consultant Senior Business Analyst
Analytical Manager
8 Yearsyrs
Sales Manager Team Manager
Assistant Vice President Operations
8 Yearsyrs
Business Development Manager Marketing Director Marketing Vice President
Chief Marketing Officer
10 Yearsyrs
Account Executive Office Manager Property Manager
Communications Manager
6 Yearsyrs
Project Coordinator Marketing Manager Marketing Communications Manager
Content Marketing Manager
6 Yearsyrs
Business Analyst Functional Consultant Customer Relationship Management Consultant
Customer Relationship Management Manager
7 Yearsyrs
Marketing Manager Communications Manager Communications Director
Director, Corporate Communications
10 Yearsyrs
Senior Account Executive Director Of Sales Director Of International Sales
Director, International Business Development
10 Yearsyrs
Senior Account Executive Regional Sales Manager Regional Sales Executive
Executive Sales Manager
6 Yearsyrs
Marketing Manager Regional Sales Manager National Sales Manager
International Sales Manager
6 Yearsyrs
Project Manager Product Manager Regional Sales Manager
National Sales Director
11 Yearsyrs
Business Development Director Senior Director Vice President
Partner
6 Yearsyrs
Sales Account Manager Territory Account Manager Channel Account Manager
Partner Development Manager
8 Yearsyrs
Sales Manager Finance Advisor Senior Finance Analyst
Planning Manager
8 Yearsyrs
Account Manager Recruiter
Recruitment Manager
6 Yearsyrs
Business Development Manager Senior Account Manager Account Executive
Relationship Manager
6 Yearsyrs
Account Executive Sales Manager Operations Manager
Senior Operations Manager
9 Yearsyrs
Project Coordinator Writer And Editor Social Media Manager
Strategist
6 Yearsyrs
Account Manager Operations Manager
Supply Chain Manager
10 Yearsyrs
Project Manager Program Manager Director Of Sales
Vice President Of Sales & Operations
11 Yearsyrs
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Help others decide if this is a good career for them

Average Length of Employment
Business Developer 2.6 years
Top Careers Before Business Development Associate
Internship 16.3%
Associate 2.7%
Top Careers After Business Development Associate
Consultant 4.8%
Internship 4.0%
Volunteer 3.4%
Manager 3.1%
Associate 3.0%

Do you work as a Business Development Associate?

Business Development Associate Demographics

Gender

Male

52.4%

Female

44.7%

Unknown

2.9%
Ethnicity

White

55.4%

Hispanic or Latino

15.1%

Asian

13.9%

Black or African American

11.2%

Unknown

4.4%
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Foreign Languages Spoken

Spanish

35.9%

French

14.3%

Chinese

7.3%

Mandarin

7.0%

Portuguese

6.4%

Russian

4.3%

Hindi

3.6%

Italian

3.6%

German

3.0%

Japanese

2.4%

Cantonese

2.4%

Korean

1.8%

Arabic

1.8%

Thai

1.5%

Gujarati

1.2%

Swedish

0.9%

Norwegian

0.6%

Hebrew

0.6%

Ukrainian

0.6%

Lithuanian

0.6%
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Business Development Associate Education

Schools

New York University

8.7%

University of Phoenix

8.1%

George Washington University

6.1%

Georgetown University

6.1%

Boston University

5.9%

Fordham University

5.3%

University of Southern California

5.3%

University of Texas at Austin

4.5%

Cornell University

4.5%

Florida State University

4.5%

Northeastern University

4.5%

University of Chicago

4.5%

University of Pennsylvania

4.2%

Columbia University

4.2%

Towson University

4.2%

Michigan State University

3.9%

University of California - Los Angeles

3.9%

Pennsylvania State University

3.9%

George Mason University

3.9%

University of Connecticut

3.9%
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Majors

Business

29.3%

Marketing

12.2%

Finance

9.9%

Communication

8.5%

Management

5.5%

Political Science

5.2%

Economics

4.7%

Psychology

2.9%

International Business

2.9%

English

2.1%

Public Relations

2.1%

Biology

1.9%

History

1.9%

Sociology

1.8%

Law

1.6%

Accounting

1.6%

Small Business Management

1.6%

Project Management

1.5%

Human Resources Management

1.5%

Liberal Arts

1.4%
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Degrees

Bachelors

51.8%

Masters

28.0%

Other

11.7%

Associate

3.4%

Certificate

2.9%

Doctorate

1.9%

Diploma

0.2%

License

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary

Real Business Development Associate Salaries

Job Title Company Location Start Date Salary
Business Development Associate Fort LP New York, NY Sep 27, 2016 $210,000
International Business Development Associate AQR Capital Management Greenwich, CT Aug 27, 2015 $184,000
Business Development Associate Atlas Technology Group, LLC San Francisco, CA Jan 14, 2016 $150,758
Associate, Business Development Castleton Commodities Management Services, LLC Houston, TX Dec 15, 2015 $146,307
Finance & Business Development Associate Mooreland Partners LLC Greenwich, CT Oct 01, 2015 $145,000
Associate, Business Development Bertelsmann, Inc. New York, NY Dec 09, 2016 $135,000
Associate, Business Development & Corporate Finance Group Global Atlantic Financial Company New York, NY Nov 28, 2016 $134,500
Mobile Business Development Associate Director Tencent America LLC Palo Alto, CA Jul 09, 2016 $132,000
Business Development Associate Innovation Core SEI, Inc. San Jose, CA Sep 19, 2015 $129,000 -
$149,000
Associate Marketing and Business Development Sac Attorneys LLP San Jose, CA Sep 15, 2016 $123,613
Business Development Associate, Renewable Energy NRG Energy, Inc. San Francisco, CA Feb 05, 2016 $115,000
Business Development Associate VL34, Inc. Cambridge, MA Jan 11, 2015 $114,785
Business Development Associate Software Merchant Inc. Wayne, PA May 18, 2016 $113,464
Financial Business Development Associate Two Sigma Investments, LLC New York, NY Oct 01, 2015 $110,000
Business Development Associate Infosys Limited Charlotte, NC Oct 01, 2015 $87,734
Business Development Associate ITG Investment Research, LLC New York, NY Jul 03, 2016 $85,000
Business Development Associate M Science LLC New York, NY Jun 20, 2016 $85,000
Business Development Associate Strawberryfrog, LLC New York, NY Dec 09, 2016 $85,000
Business Development Associate Artique Multinational LLC Mamaroneck, NY Jan 26, 2015 $85,000
Associate-Business Development and Strategy Cyndx Advisors, LLC New York, NY Sep 11, 2015 $85,000
Business Development Associate Nanomotion Inc. Ronkonkoma, NY Sep 16, 2015 $84,000
Business Development Associate Software Merchant, Inc. Wayne, PA Oct 01, 2015 $83,500
Senior Business Development Associate Dakota Intertek Corp. New Berlin, WI Aug 24, 2016 $61,567
Senior Business Development Associate Dakota Intertek Corp. New Berlin, WI Aug 17, 2016 $61,567
Business Development Associate Spraying Systems Co. Aurora, IL Sep 17, 2015 $60,000
Business Development Associate Smithsonian Institution Washington, DC Apr 30, 2016 $60,000
Business Development Associate Immersion Corporation San Jose, CA Aug 24, 2015 $60,000
Business Development Associate GNS Healthcare, Inc. Cambridge, MA Jul 09, 2016 $60,000
Business Development Associate AVS Pharmacy Inc. New York, NY Oct 16, 2015 $59,384

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AVERAGE SALARY FOR A Business Development Associate

Average Yearly Salary
$66,000
View Detailed Salary Report
$40,000
Min 10%
$66,000
Median 50%
$66,000
Median 50%
$66,000
Median 50%
$66,000
Median 50%
$66,000
Median 50%
$66,000
Median 50%
$66,000
Median 50%
$109,000
Max 90%
Best Paying Company
Cushman & Wakefield
Highest Paying City
Anchorage, AK
Highest Paying State
Alaska
Avg Experience Level
1.5 years
How much does a Business Development Associate make at top companies?
The national average salary for a Business Development Associate in the United States is $66,394 per year or $32 per hour. Those in the bottom 10 percent make under $40,000 a year, and the top 10 percent make over $109,000.

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Top Skills for A Business Development Associate

  1. Business Development
  2. New Clients
  3. Strategic Plan
You can check out examples of real life uses of top skills on resumes here:
  • Created and led Business Development Department; Responsible for Proposals and Statements of Qualifications for federal, municipal, and private entities
  • Developed an efficient and effective process and methodology for identifying, contacting and communicating with potential new clients in Asia.
  • Participated in a Strategic Planning council to evaluate Company's market strategies and partnerships with local hospitals for Disease Management Program.
  • Worked closely with underwriters in reviewing financial statements and quantitatively assessing the financial risk of clients.
  • Profiled prospect/customer segmentation with specific concentration on property tax and developed marketing plan to increase firm s market share.

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Top 10 Best States for Business Development Associates

  1. New York
  2. Washington
  3. Rhode Island
  4. Delaware
  5. Massachusetts
  6. California
  7. Virginia
  8. District of Columbia
  9. New Jersey
  10. Connecticut
  • (1,107 jobs)
  • (465 jobs)
  • (60 jobs)
  • (45 jobs)
  • (692 jobs)
  • (2,331 jobs)
  • (705 jobs)
  • (202 jobs)
  • (441 jobs)
  • (176 jobs)

Top Business Development Associate Employers

Jobs From Top Business Development Associate Employers

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