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The differences between business development coordinators 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 $58,362 average annual salary of a business development coordinator.
The top three skills for a business development coordinator include customer service, CRM and patients. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Business Development Coordinator | Business Development Manager | |
| Yearly salary | $58,362 | $100,769 |
| Hourly rate | $28.06 | $48.45 |
| Growth rate | 19% | 10% |
| Number of jobs | 133,973 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
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.
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 coordinators and business development managers have different pay scales, as shown below.
| Business Development Coordinator | Business Development Manager | |
| Average salary | $58,362 | $100,769 |
| Salary range | Between $38,000 And $87,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Pennsylvania | California |
| Best paying company | Evernote | Shearman & Sterling |
| Best paying industry | Professional | Finance |
There are a few differences between a business development coordinator and a business development manager in terms of educational background:
| Business Development Coordinator | Business Development Manager | |
| Most common degree | Bachelor's Degree, 72% | 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 coordinators' and business development managers' demographics:
| Business Development Coordinator | Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 31.5% Female, 68.5% | 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% |