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The differences between business development officers and business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business development officer and a business manager. Additionally, a business manager has an average salary of $83,198, which is higher than the $77,778 average annual salary of a business development officer.
The top three skills for a business development officer include customer service, business administration and financial services. The most important skills for a business manager are customer service, powerpoint, and project management.
| Business Development Officer | Business Manager | |
| Yearly salary | $77,778 | $83,198 |
| Hourly rate | $37.39 | $40.00 |
| Growth rate | 6% | 6% |
| Number of jobs | 169,947 | 377,191 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A business development officer is responsible for implementing project management techniques and identifying business opportunities to generate revenue resources and increase client partnerships. Business development officers negotiate business offers to the clients, understanding their specifications, and develop strategic processes to reach their target goals according to their requirements, such as budget limitations and deadlines. They also review sales proposals and marketing materials, adjusting existing policies to deliver high-quality outputs with minimal costs. A business development officer analyzes feedback, evaluates current market trends, and monitors business and financial transactions.
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
Business development officers and business managers have different pay scales, as shown below.
| Business Development Officer | Business Manager | |
| Average salary | $77,778 | $83,198 |
| Salary range | Between $47,000 And $126,000 | Between $47,000 And $145,000 |
| Highest paying City | Albany, NY | Seattle, WA |
| Highest paying state | New York | Washington |
| Best paying company | MUFG EMEA | The Citadel |
| Best paying industry | Health Care | Technology |
There are a few differences between a business development officer and a business manager in terms of educational background:
| Business Development Officer | Business Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business development officers' and business managers' demographics:
| Business Development Officer | Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.4% Female, 37.6% | Male, 43.2% Female, 56.8% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |