What is a Business Development Specialist

A business development specialist is a professional who decides on an opening for selling tactics to upsurge an enterprise expansion. As an individual fulfilling this role, you will execute enterprise operation and monetary evaluation, efficient network generation, and enterprise strategy effectuation.

This job demands understanding and technical know-how in handling an enterprise. You must also handle plans, supervise engineering and designs, acquire placements, maintain connections with dealers, and ensure client exertion and machinery. You are also expected to accept incoming and execute outgoing calls when necessary to help clients with charging, account records, and solve technical problems that may arise.

To fulfill this role, you must have a sound education in business, marketing, or communication, hence gaining a bachelor's degree or at least a master's degree. Additionally, you must display excellent analytical, communication, and writing skills. Also, you must be creative and detail-oriented. You will earn at least an annual salary of $48,894 or $23.51 per hour.

There is more than meets the eye when it comes to being a Business Development Specialist. For example, did you know that they make an average of $23.51 an hour? That's $48,894 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a Business Development Specialist Do

There are certain skills that many Business Development Specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Creativity.

Learn more about what a Business Development Specialist does

How To Become a Business Development Specialist

If you're interested in becoming a Business Development Specialist, one of the first things to consider is how much education you need. We've determined that 72.7% of Business Development Specialists have a bachelor's degree. In terms of higher education levels, we found that 11.1% of Business Development Specialists have master's degrees. Even though most Business Development Specialists have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Business Development Specialist. When we researched the most common majors for a Business Development Specialist, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Business Development Specialist resumes include Associate Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Business Development Specialist. In fact, many Business Development Specialist jobs require experience in a role such as Account Executive. Meanwhile, many Business Development Specialists also have previous career experience in roles such as Sales Representative or Account Manager.

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Average Salary
$48,894
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
188,646
Job Openings
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Business Development Specialist Career Paths

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Average Salary for a Business Development Specialist

Business Development Specialists in America make an average salary of $48,894 per year or $24 per hour. The top 10 percent makes over $71,000 per year, while the bottom 10 percent under $33,000 per year.
Average Salary
$48,894
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Business Development Specialist Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Business Development Specialist. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Business Development Specialist Resume

At Zippia, we went through countless Business Development Specialist resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Business Development Specialist Resume Examples And Templates

Business Development Specialist Demographics

Business Development Specialist Gender Statistics

male

47.6 %

female

47.2 %

unknown

5.2 %

Business Development Specialist Ethnicity Statistics

White

73.9 %

Hispanic or Latino

8.7 %

Asian

8.1 %

Business Development Specialist Foreign Languages Spoken Statistics

Spanish

45.6 %

French

12.0 %

Chinese

8.8 %
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Business Development Specialist Education

Business Development Specialist Majors

32.7 %
10.6 %

Business Development Specialist Degrees

Bachelors

72.7 %

Masters

11.1 %

Associate

9.7 %

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None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Business Development Specialists

1. Western Carolina University

Cullowhee, NC • Private

In-State Tuition
$3,926
Enrollment
9,835

2. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

3. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

4. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

5. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

6. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

7. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

8. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

9. Bowling Green State University

Bowling Green, OH • Private

In-State Tuition
$11,105
Enrollment
13,729

10. SUNY College at Plattsburgh

Plattsburgh, NY • Private

In-State Tuition
$8,369
Enrollment
5,229
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Business Development & B2B Sales for Startups- Sales Valley
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The Complete Startup Playbook for Business Development & B2B Sales to learn Lead Generation, Pitching, & Closing Deals...

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The Ultimate Sales Methodology for Business Development & B2B Sales to Learn Sales Strategy, Sales Skills & Deal Closing...

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Unlock massive growth using the business development channel. Learn pitching, BD strategy, cold emailing, & deal closing...

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Top Skills For a Business Development Specialist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 8.5% of Business Development Specialists listed CRM on their resume, but soft skills such as Analytical skills and Communication skills are important as well.

12 Business Development Specialist RESUME EXAMPLES

Best States For a Business Development Specialist

Some places are better than others when it comes to starting a career as a Business Development Specialist. The best states for people in this position are Delaware, New Jersey, Massachusetts, and Connecticut. Business Development Specialists make the most in Delaware with an average salary of $69,145. Whereas in New Jersey and Massachusetts, they would average $67,754 and $65,513, respectively. While Business Development Specialists would only make an average of $65,327 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Utah

Total Business Development Specialist Jobs:
951
Highest 10% Earn:
$104,000
Location Quotient:
1.3
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. District of Columbia

Total Business Development Specialist Jobs:
681
Highest 10% Earn:
$108,000
Location Quotient:
1.77
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Pennsylvania

Total Business Development Specialist Jobs:
3,375
Highest 10% Earn:
$102,000
Location Quotient:
1.27
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Business Development Specialists

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