Post job

Business development associate vs business advisor

The differences between business development associates and business advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business advisor has an average salary of $96,469, which is higher than the $65,126 average annual salary of a business development associate.

The top three skills for a business development associate include customer service, powerpoint and project management. The most important skills for a business advisor are customer service, project management, and business operations.

Business development associate vs business advisor overview

Business Development AssociateBusiness Advisor
Yearly salary$65,126$96,469
Hourly rate$31.31$46.38
Growth rate10%6%
Number of jobs141,089125,154
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 67%
Average age4444
Years of experience--

What does a business development associate do?

A business development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.

What does a business advisor do?

Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.

Business development associate vs business advisor salary

Business development associates and business advisors have different pay scales, as shown below.

Business Development AssociateBusiness Advisor
Average salary$65,126$96,469
Salary rangeBetween $39,000 And $106,000Between $67,000 And $138,000
Highest paying CityGreenwich, CTSan Francisco, CA
Highest paying stateConnecticutNew Jersey
Best paying companyKirkland & EllisAmazon
Best paying industryAutomotiveTechnology

Differences between business development associate and business advisor education

There are a few differences between a business development associate and a business advisor in terms of educational background:

Business Development AssociateBusiness Advisor
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaWestern Carolina University

Business development associate vs business advisor demographics

Here are the differences between business development associates' and business advisors' demographics:

Business Development AssociateBusiness Advisor
Average age4444
Gender ratioMale, 54.5% Female, 45.5%Male, 63.9% Female, 36.1%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between business development associate and business advisor duties and responsibilities

Business development associate example responsibilities.

  • Manage RFP process including search and qualification of requests and coordinate fulfillment.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Enhance company social media platforms by updating all product information across Facebook and LinkedIn.
  • Utilize LinkedIn as necessary for any recruiting initiatives or research that is needed.
  • Bid on large agency's request for proposals (RFP), by developing, writing and coordinating a technical response.
  • Maintain client/prospect information within billing and CRM database.
  • Show more

Business advisor example responsibilities.

  • Manage training and presentation collateral on SharePoint system, resulting in recycling of documentation for consistent messaging across enterprise.
  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Prepare financial statements, payroll tax reports, and advise small business clients on accounting and financial management matters.
  • Provide a supplement team in an effort to create a cloud computing architecture team at a major telecommunications company.
  • Handle miscellaneous bookkeeping duties including payroll, payroll taxes, accounts receivable, accounts payable and financial statements for client companies.
  • Support the reengineering of the SME development area.
  • Show more

Business development associate vs business advisor skills

Common business development associate skills
  • Customer Service, 9%
  • PowerPoint, 6%
  • Project Management, 5%
  • Market Research, 5%
  • Lead Generation, 4%
  • Sales Process, 4%
Common business advisor skills
  • Customer Service, 10%
  • Project Management, 8%
  • Business Operations, 8%
  • Strong Analytical, 8%
  • Healthcare, 7%
  • Human Resources, 4%

Browse business and financial jobs