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The differences between business development associates and business development coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development associate has an average salary of $65,126, which is higher than the $58,362 average annual salary of a business development coordinator.
The top three skills for a business development associate include customer service, powerpoint and project management. The most important skills for a business development coordinator are customer service, CRM, and patients.
| Business Development Associate | Business Development Coordinator | |
| Yearly salary | $65,126 | $58,362 |
| Hourly rate | $31.31 | $28.06 |
| Growth rate | 10% | 19% |
| Number of jobs | 141,089 | 133,973 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
A business development coordinator specializes in devising strategies to identify and develop new sales and marketing opportunities, ensuring profitable growth and a strong client base. Their responsibilities revolve around gathering data, conducting research and analysis, organizing conferences and other events, maintaining records and data, and disseminating information such as proposals, memos, instructional documents, and more. There are also instances when a business development coordinator must liaise with clients and external agencies, even respond to calls and correspondence from customers.
Business development associates and business development coordinators have different pay scales, as shown below.
| Business Development Associate | Business Development Coordinator | |
| Average salary | $65,126 | $58,362 |
| Salary range | Between $39,000 And $106,000 | Between $38,000 And $87,000 |
| Highest paying City | Greenwich, CT | San Francisco, CA |
| Highest paying state | Connecticut | Pennsylvania |
| Best paying company | Kirkland & Ellis | Evernote |
| Best paying industry | Automotive | Professional |
There are a few differences between a business development associate and a business development coordinator in terms of educational background:
| Business Development Associate | Business Development Coordinator | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between business development associates' and business development coordinators' demographics:
| Business Development Associate | Business Development Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 31.5% Female, 68.5% |
| Race ratio | 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% | 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 Percentage | 11% | 11% |