Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business development specialists and senior business development managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior business development manager has an average salary of $129,638, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a business development specialist include work ethic, CRM and customer service. The most important skills for a senior business development manager are healthcare, cloud, and business relationships.
| Business Development Specialist | Senior Business Development Manager | |
| Yearly salary | $57,410 | $129,638 |
| Hourly rate | $27.60 | $62.33 |
| Growth rate | 10% | 10% |
| Number of jobs | 182,116 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
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.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Business development specialists and senior business development managers have different pay scales, as shown below.
| Business Development Specialist | Senior Business Development Manager | |
| Average salary | $57,410 | $129,638 |
| Salary range | Between $38,000 And $85,000 | Between $94,000 And $178,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | Wisconsin | Washington |
| Best paying company | Corsair | Shearman & Sterling |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a business development specialist and a senior business development manager in terms of educational background:
| Business Development Specialist | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Georgia |
Here are the differences between business development specialists' and senior business development managers' demographics:
| Business Development Specialist | Senior Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 74.8% Female, 25.2% |
| 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% |