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The differences between business development interns and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $33,146 average annual salary of a business development internship.
The top three skills for a business development internship include powerpoint, market research and social media marketing. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Business Development Internship | Business Development Consultant | |
| Yearly salary | $33,146 | $85,153 |
| Hourly rate | $15.94 | $40.94 |
| Growth rate | 19% | 6% |
| Number of jobs | 147,302 | 168,111 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A business development intern is responsible for supporting the organization's goals and objectives in providing the best services to clients and ensuring a smooth flow of operations with maximum productivity and efficiency. Business development interns observe the operational processes of the department and perform duties under the supervision of a direct manager or tenured staff. They also assist with the creation of new products and services, pitching strategies to promote them in the market, develop marketing campaigns, and creating proposals for business partnership purposes. A business development intern must be detail-oriented and highly organized to support daily operations.
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.
Business development interns and business development consultants have different pay scales, as shown below.
| Business Development Internship | Business Development Consultant | |
| Average salary | $33,146 | $85,153 |
| Salary range | Between $25,000 And $42,000 | Between $52,000 And $137,000 |
| Highest paying City | Boston, MA | Minneapolis, MN |
| Highest paying state | Alaska | Pennsylvania |
| Best paying company | Sandia National Labs | Veeva Systems |
| Best paying industry | Technology | Media |
There are a few differences between a business development internship and a business development consultant in terms of educational background:
| Business Development Internship | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between business development interns' and business development consultants' demographics:
| Business Development Internship | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.0% Female, 42.0% | Male, 64.1% Female, 35.9% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |