Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business development engineers and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business development engineer, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $105,267 average annual salary of a business development engineer.
The top three skills for a business development engineer include java, business development and project management. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Business Development Engineer | Vice President, Business Development | |
| Yearly salary | $105,267 | $165,159 |
| Hourly rate | $50.61 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 136,516 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
A business development engineer's role is to help companies build strong and positive relationships with clients and business partners. They conduct market research and analysis to find new business and client opportunities, plan and implement programs, and develop strategies for business and profit growth. They also produce proposals, streamline project requirements, perform risk assessments, study the competitor and consumers' behavior, and assist sales teams as necessary. Moreover, in some companies, there are instances when a business development engineer communicates directly with clients to close deals and negotiate contracts.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Business development engineers and vice presidents, business development have different pay scales, as shown below.
| Business Development Engineer | Vice President, Business Development | |
| Average salary | $105,267 | $165,159 |
| Salary range | Between $75,000 And $146,000 | Between $104,000 And $262,000 |
| Highest paying City | Springfield, VA | Seattle, WA |
| Highest paying state | Virginia | Washington |
| Best paying company | Meta | Fanatics |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a business development engineer and a vice president, business development in terms of educational background:
| Business Development Engineer | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| Most common major | Mechanical Engineering | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business development engineers' and vice presidents, business development' demographics:
| Business Development Engineer | Vice President, Business Development | |
| Average age | 44 | 52 |
| Gender ratio | Male, 86.4% Female, 13.6% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 1.4% Unknown, 6.1% Hispanic or Latino, 6.7% Asian, 11.6% White, 73.8% American Indian and Alaska Native, 0.3% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 12% |