What Does a Business Development Director Do?

In this section, we take a look at the annual salaries of other professions. Take director of sales for example. On average, the directors of sales annual salary is $6,716 lower than what business development directors make on average every year.

While their salaries may differ, one common ground between business development directors and directors of sales are a few of the skills required in each craft. In both careers, employees bring forth skills like healthcare, crm, and customer relationships.

There are some key differences in responsibilities as well. For example, a business development director responsibilities require skills like "patients," "project management," "business relationships," and "market trends." Meanwhile a typical director of sales has skills in areas such as "sales management," "sales plan," "work ethic," and "sales targets." This difference in skills reveals how truly different these two careers really are.

Directors of sales receive the highest salaries in the finance industry coming in with an average yearly salary of $124,924. But business development directors are paid more in the finance industry with an average salary of $124,195.

On average, directors of sales reach lower levels of education than business development directors. Directors of sales are 6.5% less likely to earn a Master's Degree and 0.9% less likely to graduate with a Doctoral Degree.

Now we're going to look at the director of product development profession. On average, directors of product development earn a $22,723 higher salary than business development directors a year.

A similarity between the two careers of business development directors and directors of product development are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "project management," "market trends," and "revenue growth. "

But both careers also use different skills, according to real business development director resumes. While business development director responsibilities can utilize skills like "healthcare," "crm," "patients," and "customer relationships," some directors of product development use skills like "product management," "product strategy," "product roadmap," and "software development."

Directors of product development may earn a higher salary than business development directors, but directors of product development earn the most pay in the manufacturing industry with an average salary of $142,193. On the other side of things, business development directors receive higher paychecks in the finance industry where they earn an average of $124,195.

In general, directors of product development study at similar levels of education than business development directors. They're 1.0% more likely to obtain a Master's Degree while being 0.9% more likely to earn a Doctoral Degree.

The third profession we take a look at is director of marketing & development. On an average scale, these workers bring in lower salaries than business development directors. In fact, they make a $19,610 lower salary per year.

Using business development directors and directors of marketing & development resumes, we found that both professions have similar skills such as "client relationships," "revenue growth," and "salesforce," but the other skills required are very different.

There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a business development director is likely to be skilled in "healthcare," "crm," "patients," and "customer relationships," while a typical director of marketing & development is skilled in "twitter," "revenue generation," "event planning," and "community relations."

Additionally, directors of marketing & development earn a higher salary in the finance industry compared to other industries. In this industry, they receive an average salary of $117,707. Additionally, business development directors earn an average salary of $124,195 in the finance industry.

Directors of marketing & development are known to earn similar educational levels when compared to business development directors. Additionally, they're 0.4% less likely to graduate with a Master's Degree, and 0.6% less likely to earn a Doctoral Degree.

Planning directors tend to earn a higher pay than business development directors by about $14,194 per year.

According to resumes from both business development directors and planning directors, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "project management," "customer service," and "business development. "

Each job requires different skills like "healthcare," "crm," "patients," and "customer relationships," which might show up on a business development director resume. Whereas planning director might include skills like "financial analysis," "business planning," "data analysis," and "strong project management."

Now, let's take a closer look at the financials in each career. The professional industry tends to pay more for planning directors with an average of $135,601. While the highest business development director annual salary comes from the finance industry.

Planning directors reach higher levels of education when compared to business development directors. The difference is that they're 5.5% more likely to earn a Master's Degree more, and 0.5% more likely to graduate with a Doctoral Degree.