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What Does A Business Development Internship Do?

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.

Here are examples of responsibilities from real business development internship resumes representing typical tasks they are likely to perform in their roles.

  • Manage and organize all requests through a SharePoint ticketing system.
  • Manage quantitative analysis, instrumental in defining KPI to measure advertising efficiency.
  • Design event table tents with Indesign for on-campus marketing.
  • Create district profile books and incumbent profile outlines using InDesign.
  • Take care of and research payroll discrepancies for accounting and employees.
  • Design data mart for the sourced data and develop DDL for the same using SQL.
  • Used algorithms like regression, clustering and decision trees to analyze the data on SAS JMP.
  • File and maintain all departmental payroll records, daily appointment records, daily call logs, etc.
  • Create star schema data models, apply extraction, transformation and loading (ETL) and validate results with manager.
  • Rejuvenate social media plan, build social media calendar, and persuade management to increase brand presence and marketing on Instagram.
Business Development Internship Traits
Detail oriented involves being extremely mindful and observant of all details.
Analytical skills have to do with gathering information from various sources and then interpreting the data in order to reach a logical conclusion that benefits the business.
Communication skills shows that you are able to relay your thoughts, opinions and ideas clearly to those around you.

Business Development Internship Overview

Perhaps the hardest question to answer when deciding on a career as a business development internship is "should I become a business development internship?" You might find this info to be helpful. When compared to other jobs, business development internship careers are projected to have a growth rate described as "much faster than average" at 20% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a business development internship by 2028 is 139,200.

Business development interns average about $19.95 an hour, which makes the business development internship annual salary $41,506. Additionally, business development interns are known to earn anywhere from $29,000 to $58,000 a year. This means that the top-earning business development interns make $30,000 more than the lowest earning ones.

Once you've become a business development internship, you may be curious about what other opportunities are out there. Careers aren't one size fits all. For that reason, we discovered some other jobs that you may find appealing. Some jobs you might find interesting include a sales and marketing internship, operations internship, market analyst internship, and internship.

Business Development Internship Jobs You Might Like

Business Development Internship Skills and Personality Traits

We calculated that 13% of Business Development Interns are proficient in Market Research, Powerpoint, and Data Entry. They’re also known for soft skills such as Detail oriented, Analytical skills, and Communication skills.

We break down the percentage of Business Development Interns that have these skills listed on their resume here:

  • Market Research, 13%

    Assist Business Development team with market research & analysis, database management & optimization, promotional material & social media marketing.

  • Powerpoint, 11%

    Designed PowerPoint presentation for Titans of Business Youth Program which was thoroughly accepted by the Titans organization.

  • Data Entry, 7%

    Collected and accomplished initial data entry of financial statement and invoice management.

  • CRM, 7%

    Maintained SalesForce customer relationship manager (CRM) by updating relevant contact information and interaction logs.

  • New Clients, 6%

    Conducted secondary research to identify potential business opportunities, emerging markets, and new clients.

  • Salesforce, 6%

    Expanded firm-wide utilization of Salesforce, including building tracking mechanisms, enhancing reporting capabilities.

Some of the skills we found on business development internship resumes included "market research," "powerpoint," and "data entry." We have detailed the most important business development internship responsibilities below.

  • The most important skills for a business development internship to have in this position are detail oriented. In this excerpt that we gathered from a business development internship resume, you'll understand why: "market research analysts must be detail oriented because they often do precise data analysis." According to resumes we found, detail oriented can be used by a business development internship in order to "tested out foundation samples for two weeks and gave detailed feedback to the product development manager. "
  • Another commonly found skill for being able to perform business development internship duties is the following: analytical skills. According to a business development internship resume, "market research analysts must be able to understand large amounts of data and information." Check out this example of how business development interns use analytical skills: "performed critical analysis and developed tear sheets (linked to capiq) for board meetings and investor relations. "
  • Another skill that is quite popular among business development interns is communication skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a business development internship resume: "market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients." This example from a resume shows how this skill is used: "developed and coordinated internal communications, press releases, and other marketing materials cultivated and maintained professional contacts"
  • See the full list of business development internship skills.

    Before becoming a business development internship, 70.9% earned their bachelor's degree. When it comes down to graduating with a master's degree, 23.6% business development interns went for the extra education. If you're wanting to pursue this career, it may be impossible to be successful with a high school degree. In fact, most business development interns have a college degree. But about one out of every ten business development interns didn't attend college at all.

    Those business development interns who do attend college, typically earn either a business degree or a finance degree. Less commonly earned degrees for business development interns include a marketing degree or a economics degree.

    Once you're ready to become a business development internship, you should explore the companies that typically hire business development interns. According to business development internship resumes that we searched through, business development interns are hired the most by Anthem,, and Lockheed Martin. Currently, Anthem has 423 business development internship job openings, while there are 8 at and 8 at Lockheed Martin.

    If you're interested in companies where business development interns make the most money, you'll want to apply for positions at SAP, Oracle, and McKinstry Co. We found that at SAP, the average business development internship salary is $71,684. Whereas at Oracle, business development interns earn roughly $63,310. And at McKinstry Co, they make an average salary of $57,440.

    View more details on business development internship salaries across the United States.

    Some other companies you might be interested in as a business development internship include IBM, Course Hero, and Staples. These three companies were found to hire the most business development interns from the top 100 U.S. educational institutions.

    In general, business development interns fulfill roles in the technology and finance industries. While employment numbers are high in those industries, the business development internship annual salary is the highest in the manufacturing industry with $53,045 as the average salary. Meanwhile, the technology and health care industries pay $46,395 and $42,556 respectively. This means that business development interns who are employed in the manufacturing industry make 0.0% more than business development interns who work in the retail Industry.

    The three companies that hire the most prestigious business development internships are:

      What Sales And Marketing Internships Do

      In a sales and marketing internship, one of the primary duties is to assist in marketing-related tasks under a manager's supervision. The responsibilities will vary depending on the orders or directives given. However, they will mostly revolve around conducting research and analysis, preparing reports and presentations, participating in meetings, sharing insights, identifying opportunities, and developing resource materials such as surveys and polls. There are also instances where an intern must manage social media accounts to improve brand awareness and improve client relationships.

      In this section, we compare the average business development internship annual salary with that of a sales and marketing internship. Typically, sales and marketing interns earn a $8,110 lower salary than business development interns earn annually.

      While their salaries may differ, one common ground between business development interns and sales and marketing interns are a few of the skills required in each craft. In both careers, employees bring forth skills like market research, powerpoint, and new clients.

      These skill sets are where the common ground ends though. A business development internship responsibility is more likely to require skills like "data entry," "crm," "financial statements," and "r." Whereas a sales and marketing internship requires skills like "communication," "phone calls," "customer service," and "rep." Just by understanding these different skills you can see how different these careers are.

      Sales and marketing interns tend to reach lower levels of education than business development interns. In fact, sales and marketing interns are 15.1% less likely to graduate with a Master's Degree and 1.0% less likely to have a Doctoral Degree.

      What Are The Duties Of an Operations Internship?

      Operations interns learn the management techniques on how to lead and supervise others. Interns usually gain experience by being an unpaid employee in the operational department. They should possess skills like attention to detail, excellent verbal and written communication skills, and strong phone presence. The operations internship objectives include career path exploration, work experience, skills development and refinement, and confidence buildup. The majority of the activities interns are absorbed by the company where they serve an internship.

      The next role we're going to look at is the operations internship profession. Typically, this position earns a lower pay. In fact, they earn a $13,326 lower salary than business development interns per year.

      While the salary may be different for these job positions, there is one similarity and that's a few of the skills needed to perform certain duties. We used info from lots of resumes to find that both business development interns and operations interns are known to have skills such as "market research," "data entry," and "salesforce. "

      While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that business development internship responsibilities requires skills like "powerpoint," "crm," "new clients," and "competitive analysis." But an operations internship might use skills, such as, "communication," "operations intern," "customer service," and "procedures."

      Operations interns may earn a lower salary than business development interns, but operations interns earn the most pay in the technology industry with an average salary of $39,699. On the other side of things, business development interns receive higher paychecks in the manufacturing industry where they earn an average of $53,045.

      In general, operations interns study at lower levels of education than business development interns. They're 8.6% less likely to obtain a Master's Degree while being 1.0% less likely to earn a Doctoral Degree.

      How a Market Analyst Internship Compares

      When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects. There are also instances where they can attend meetings, participate in social media handling, and even share marketing insights. Furthermore, as an intern, it is essential to learn and adhere to the company's policies and regulations.

      The third profession we take a look at is market analyst internship. On an average scale, these workers bring in higher salaries than business development interns. In fact, they make a $213 higher salary per year.

      While looking through the resumes of several business development interns and market analyst interns we discovered that both professions have similar skills. These similarities include skills such as "market research," "powerpoint," and "data entry," but they differ when it comes to other required skills.

      Some important key differences between the two careers are a few of the skills necessary to fulfill responsibilities. Some examples from business development internship resumes include skills like "crm," "salesforce," "internet," and "contact information," whereas a market analyst internship might be skilled in "data collection," "capital markets," "competitive intelligence," and "project management. "

      Market analyst interns are known to earn similar educational levels when compared to business development interns. Additionally, they're 4.9% more likely to graduate with a Master's Degree, and 0.5% more likely to earn a Doctoral Degree.

      Description Of an Internship

      Interns are trainees who are engaged by a company to work for them for a brief period. Interns usually use this opportunity to gain actual work experience, fulfill university or college requirements, and ensure that they are working towards the right career path for them. They sign on for a fixed amount of time. The responsibilities of interns depend on the company and the department that handles them. They do a variety of tasks that exposes them to the type of work that the company is engaged in and to the different aspects of the professional world.

      Now, we'll look at interns, who generally average a lower pay when compared to business development interns annual salary. In fact, the difference is about $13,566 per year.

      While their salaries may vary, business development interns and interns both use similar skills to perform their jobs. Resumes from both professions include skills like "market research," "powerpoint," and "new clients. "

      Each job requires different skills like "data entry," "crm," "salesforce," and "competitive analysis," which might show up on a business development internship resume. Whereas internship might include skills like "communication," "patient care," "c++," and "mental health."

      In general, interns reach lower levels of education when compared to business development interns resumes. Interns are 9.7% less likely to earn their Master's Degree and 1.6% more likely to graduate with a Doctoral Degree.