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The differences between business development consultants and senior business development managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior business development manager has an average salary of $129,638, which is higher than the $85,153 average annual salary of a business development consultant.
The top three skills for a business development consultant include healthcare, CRM and cloud. The most important skills for a senior business development manager are healthcare, cloud, and business relationships.
| Business Development Consultant | Senior Business Development Manager | |
| Yearly salary | $85,153 | $129,638 |
| Hourly rate | $40.94 | $62.33 |
| Growth rate | 6% | 10% |
| Number of jobs | 168,111 | 204,172 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
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.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Business development consultants and senior business development managers have different pay scales, as shown below.
| Business Development Consultant | Senior Business Development Manager | |
| Average salary | $85,153 | $129,638 |
| Salary range | Between $52,000 And $137,000 | Between $94,000 And $178,000 |
| Highest paying City | Minneapolis, MN | Seattle, WA |
| Highest paying state | Pennsylvania | Washington |
| Best paying company | Veeva Systems | Shearman & Sterling |
| Best paying industry | Media | Manufacturing |
There are a few differences between a business development consultant and a senior business development manager in terms of educational background:
| Business Development Consultant | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Georgia |
Here are the differences between business development consultants' and senior business development managers' demographics:
| Business Development Consultant | Senior Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 74.8% Female, 25.2% |
| 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% |