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The differences between business development directors and requirements managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business development director, becoming a requirements manager takes usually requires 6-8 years. Additionally, a business development director has an average salary of $117,784, which is higher than the $87,310 average annual salary of a requirements manager.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a requirements manager are java, client facing, and emerging technologies.
| Business Development Director | Requirements Manager | |
| Yearly salary | $117,784 | $87,310 |
| Hourly rate | $56.63 | $41.98 |
| Growth rate | 10% | 16% |
| Number of jobs | 153,601 | 64,837 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 64% |
| Average age | 39 | 47 |
| Years of experience | 10 | 8 |
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
A Requirements Manager develops and oversees procedures to ensure that projects meet their needs. They focus on identifying project requirements through extensive research and analysis, conceptualizing plans to attain them. There are also instances when they must spearhead product and requirement reviews, identifying their strengths and weaknesses to develop solutions against potential problem areas. Most Requirements Managers manage development teams, leading and encouraging them to reach goals while implementing company standards and regulations for a smooth and efficient workflow.
Business development directors and requirements managers have different pay scales, as shown below.
| Business Development Director | Requirements Manager | |
| Average salary | $117,784 | $87,310 |
| Salary range | Between $72,000 And $192,000 | Between $56,000 And $135,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | New Mexico | - |
| Best paying company | alliantgroup | - |
| Best paying industry | Finance | - |
There are a few differences between a business development director and a requirements manager in terms of educational background:
| Business Development Director | Requirements Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Carnegie Mellon University |
Here are the differences between business development directors' and requirements managers' demographics:
| Business Development Director | Requirements Manager | |
| Average age | 39 | 47 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 66.8% Female, 33.2% |
| Race ratio | 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% | Black or African American, 6.8% Unknown, 5.2% Hispanic or Latino, 10.2% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 11% |