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The differences between business development interns and business development executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development executive has an average salary of $97,871, 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 executive are business development, digital transformation, and customer service.
| Business Development Internship | Business Development Executive | |
| Yearly salary | $33,146 | $97,871 |
| Hourly rate | $15.94 | $47.05 |
| Growth rate | 19% | 10% |
| Number of jobs | 147,302 | 189,950 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
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.
A business development executive serves as a senior manager who drives company sales. Business development executives convince existing clients to buy more offerings and also source new clients. The focus of their job is on lead generation, prospect management, and customer acquisition. They collaborate with management in terms of sales objectives, planning, and prediction. The skills necessary for this job include customer service and relations, time management, strong written communication, and sales process experience.
Business development interns and business development executives have different pay scales, as shown below.
| Business Development Internship | Business Development Executive | |
| Average salary | $33,146 | $97,871 |
| Salary range | Between $25,000 And $42,000 | Between $64,000 And $149,000 |
| Highest paying City | Boston, MA | Phoenix, AZ |
| Highest paying state | Alaska | Arizona |
| Best paying company | Sandia National Labs | Clifford Chance |
| Best paying industry | Technology | Pharmaceutical |
There are a few differences between a business development internship and a business development executive in terms of educational background:
| Business Development Internship | Business Development Executive | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between business development interns' and business development executives' demographics:
| Business Development Internship | Business Development Executive | |
| Average age | 44 | 39 |
| Gender ratio | Male, 58.0% Female, 42.0% | Male, 63.8% Female, 36.2% |
| 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% |