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The differences between corporate development directors and development vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a corporate development director, becoming a development vice president takes usually requires 2-4 years. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $156,085 average annual salary of a development vice president.
The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a development vice president are business development, java, and development finance.
| Corporate Development Director | Development Vice President | |
| Yearly salary | $159,614 | $156,085 |
| Hourly rate | $76.74 | $75.04 |
| Growth rate | 10% | 7% |
| Number of jobs | 95,421 | 94,188 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 74% |
| Average age | 39 | 45 |
| Years of experience | 10 | 4 |
Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
Corporate development directors and development vice presidents have different pay scales, as shown below.
| Corporate Development Director | Development Vice President | |
| Average salary | $159,614 | $156,085 |
| Salary range | Between $110,000 And $230,000 | Between $103,000 And $235,000 |
| Highest paying City | San Francisco, CA | Portland, OR |
| Highest paying state | Rhode Island | Oregon |
| Best paying company | Mayo Clinic | Mall of America |
| Best paying industry | Telecommunication | Hospitality |
There are a few differences between a corporate development director and a development vice president in terms of educational background:
| Corporate Development Director | Development Vice President | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between corporate development directors' and development vice presidents' demographics:
| Corporate Development Director | Development Vice President | |
| Average age | 39 | 45 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 67.0% Female, 33.0% |
| 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, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 18% |