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The differences between business program managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business program manager, becoming a business development manager takes usually requires 8-10 years. Additionally, a business program manager has an average salary of $122,869, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a business program manager include project management, program management and portfolio. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Business Program Manager | Business Development Manager | |
| Yearly salary | $122,869 | $100,769 |
| Hourly rate | $59.07 | $48.45 |
| Growth rate | 6% | 10% |
| Number of jobs | 384,234 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
Business Program Managers oversee specific company programs. They plan for the programs, manage the programs' budget allocation, implement activities, and evaluate the performance. They also lead the employees assigned to handle these programs. They are expected to properly onboard and train these employees to acclimate them with what the programs need. A Business Program Manager should understand the company's main business and the industry it moves in. This understanding helps them create sound strategies that will push their company's performance. This would also help them manage their business programs better.
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 program managers and business development managers have different pay scales, as shown below.
| Business Program Manager | Business Development Manager | |
| Average salary | $122,869 | $100,769 |
| Salary range | Between $92,000 And $163,000 | Between $67,000 And $151,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Meta | Shearman & Sterling |
| Best paying industry | - | Finance |
There are a few differences between a business program manager and a business development manager in terms of educational background:
| Business Program Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business program managers' and business development managers' demographics:
| Business Program Manager | Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 58.7% Female, 41.3% | Male, 68.6% Female, 31.4% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% | 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% |