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The differences between business development associates and business development managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development manager has an average salary of $100,769, 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 development manager are customer service, CRM, and healthcare.
| Business Development Associate | Business Development Manager | |
| Yearly salary | $65,126 | $100,769 |
| Hourly rate | $31.31 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 141,089 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
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 manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Business development associates and business development managers have different pay scales, as shown below.
| Business Development Associate | Business Development Manager | |
| Average salary | $65,126 | $100,769 |
| Salary range | Between $39,000 And $106,000 | Between $67,000 And $151,000 |
| Highest paying City | Greenwich, CT | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Kirkland & Ellis | Shearman & Sterling |
| Best paying industry | Automotive | Finance |
There are a few differences between a business development associate and a business development manager in terms of educational background:
| Business Development Associate | Business Development Manager | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between business development associates' and business development managers' demographics:
| Business Development Associate | Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 10% |