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The differences between business development consultants and business development coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $58,362 average annual salary of a business development coordinator.
The top three skills for a business development consultant include healthcare, CRM and cloud. The most important skills for a business development coordinator are customer service, CRM, and patients.
| Business Development Consultant | Business Development Coordinator | |
| Yearly salary | $85,153 | $58,362 |
| Hourly rate | $40.94 | $28.06 |
| Growth rate | 6% | 19% |
| Number of jobs | 168,111 | 133,973 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
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 consultants and business development coordinators have different pay scales, as shown below.
| Business Development Consultant | Business Development Coordinator | |
| Average salary | $85,153 | $58,362 |
| Salary range | Between $52,000 And $137,000 | Between $38,000 And $87,000 |
| Highest paying City | Minneapolis, MN | San Francisco, CA |
| Highest paying state | Pennsylvania | Pennsylvania |
| Best paying company | Veeva Systems | Evernote |
| Best paying industry | Media | Professional |
There are a few differences between a business development consultant and a business development coordinator in terms of educational background:
| Business Development Consultant | Business Development Coordinator | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Southern California |
Here are the differences between business development consultants' and business development coordinators' demographics:
| Business Development Consultant | Business Development Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.1% Female, 35.9% | 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% |