Post job

Business development manager vs business development specialist

The differences between business development managers and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development manager has an average salary of $100,769, which is higher than the $57,410 average annual salary of a business development specialist.

The top three skills for a business development manager include customer service, CRM and healthcare. The most important skills for a business development specialist are work ethic, CRM, and customer service.

Business development manager vs business development specialist overview

Business Development ManagerBusiness Development Specialist
Yearly salary$100,769$57,410
Hourly rate$48.45$27.60
Growth rate10%10%
Number of jobs215,309182,116
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Average age3944
Years of experience10-

What does a business development manager do?

A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.

What does a business development specialist do?

A business development specialist is an expert who determines opportunities for marketing strategy optimization and business growth. The specialists perform business process and financial analysis, effective network creation, and business plan implementation. Being a good business development specialist requires knowledge and experience in managing a business. The skillset for the position includes a strong command in English, information technology, attention to detail, and written and verbal communication.

Business development manager vs business development specialist salary

Business development managers and business development specialists have different pay scales, as shown below.

Business Development ManagerBusiness Development Specialist
Average salary$100,769$57,410
Salary rangeBetween $67,000 And $151,000Between $38,000 And $85,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaWisconsin
Best paying companyShearman & SterlingCorsair
Best paying industryFinanceFinance

Differences between business development manager and business development specialist education

There are a few differences between a business development manager and a business development specialist in terms of educational background:

Business Development ManagerBusiness Development Specialist
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaWestern Carolina University

Business development manager vs business development specialist demographics

Here are the differences between business development managers' and business development specialists' demographics:

Business Development ManagerBusiness Development Specialist
Average age3944
Gender ratioMale, 68.6% Female, 31.4%Male, 50.7% Female, 49.3%
Race ratioBlack 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%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 Percentage10%11%

Differences between business development manager and business development specialist duties and responsibilities

Business development manager example responsibilities.

  • Manage Seo of websites and campaigns.
  • Manage the provisioning and implementation of the cloud solutions for different customers.
  • Lead worldwide development for high traffic facilities; markets include Americas, Europe, Asia-Pacific.
  • Manage the global support team and are responsible for cost reduction for the UK ready meals facility.
  • Assist in leading a team of BDM's to achieve revenue, attrition, and value add service goals.
  • Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.
  • Show more

Business development specialist example responsibilities.

  • Utilize a number of sales tools such as SalesForce to manage pipeline.
  • Develop and manage all SEO, SEM, and all social media platforms and authore all content.
  • Manage and coordinate a successful implementation of a cloud-base ERP system.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Take inbound and make some outbound calls as necessary to assist customers with billing, account information and troubleshoot technical issues.
  • Experience connecting databases in SQL with the software application.
  • Show more

Business development manager vs business development specialist skills

Common business development manager skills
  • Customer Service, 8%
  • CRM, 7%
  • Healthcare, 5%
  • Business Relationships, 4%
  • Customer Relationships, 3%
  • Project Management, 3%
Common business development specialist skills
  • Work Ethic, 10%
  • CRM, 9%
  • Customer Service, 7%
  • Healthcare, 6%
  • Sales Process, 4%
  • Salesforce, 4%

Browse executive management jobs