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The differences between business insight and analytics managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business insight and analytics manager and a business development manager. Additionally, a business insight and analytics manager has an average salary of $112,262, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a business insight and analytics manager include tableau, visualization and business insights. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Business Insight And Analytics Manager | Business Development Manager | |
| Yearly salary | $112,262 | $100,769 |
| Hourly rate | $53.97 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 122,941 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The business insight and analytics manager is primarily in charge of developing strategies to identify the best practices and decisions to optimize a company's operations and sales performance. Their responsibilities typically include understanding the company's needs and mission, performing extensive research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of existing procedures, developing solutions in vulnerable areas, and presenting analytical reports for the executives. Above all, they must lead and encourage teams to reach goals while implementing the company's policies and regulations.
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.
Business insight and analytics managers and business development managers have different pay scales, as shown below.
| Business Insight And Analytics Manager | Business Development Manager | |
| Average salary | $112,262 | $100,769 |
| Salary range | Between $75,000 And $167,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Shearman & Sterling |
| Best paying industry | Technology | Finance |
There are a few differences between a business insight and analytics manager and a business development manager in terms of educational background:
| Business Insight And Analytics Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business insight and analytics managers' and business development managers' demographics:
| Business Insight And Analytics Manager | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 71.6% Female, 28.4% | Male, 68.6% Female, 31.4% |
| Race ratio | 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% | 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 | 10% | 10% |