Development vice presidents are responsible for creating strategic business partnerships and driving the organization forward. They do this through several means, including conducting industry-specific research, competitor analysis, and managing their team.
The most powerful tool used by development vice presidents is strategic partnerships. They seek out business relationships that are beneficial to the organization and may help them accomplish new goals. Development vice presidents also vet potential partnerships before the deal is struck. They vet the partner company and uncover relevant information.
These professionals have day-to-day administrative duties that may include meeting with the CEO and other stakeholders, attending industry conferences and trade shows, and managing a small team of employees.
To become a development vice president, you need advanced degrees in related fields like economics or business development. You also need up to ten years of experience in client management, professional services, and possibly, business development. Development vice presidents tend to have strong leadership and relationship building skills.
What is a Development Vice President?
What Does a Development Vice President Do
There are certain skills that many development vice presidents 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 business skills, collaboration skills and instructional skills.
How To Become a Development Vice President
If you're interested in becoming a development vice president, one of the first things to consider is how much education you need. We've determined that 73.7% of development vice presidents have a bachelor's degree. In terms of higher education levels, we found that 17.2% of development vice presidents have master's degrees. Even though most development vice presidents have a college degree, it's impossible to become one with only a high school degree or GED.
Development Vice President Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a development vice president can determine their career goals through the career progression. For example, they could start out with a role such as president, progress to a title such as chief executive officer and then eventually end up with the title chief executive officer.
Average Salary for a Development Vice President
What Am I Worth?
States With The Most Development Vice President Jobs
Mouse over a state to see the number of active development vice president jobs in each state. The darker areas on the map show where development vice presidents earn the highest salaries across all 50 states.
Number Of Development Vice President Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | Texas | 4,180 | $143,699 |
| 2 | California | 4,048 | $173,409 |
| 3 | Florida | 2,668 | $128,693 |
| 4 | New York | 2,604 | $154,369 |
| 5 | Pennsylvania | 1,815 | $129,234 |
| 6 | Georgia | 1,668 | $121,418 |
| 7 | Illinois | 1,572 | $142,091 |
| 8 | Ohio | 1,366 | $136,194 |
| 9 | Massachusetts | 1,299 | $164,811 |
| 10 | Minnesota | 1,260 | $145,405 |
| 11 | Arizona | 1,192 | $150,653 |
| 12 | New Jersey | 1,102 | $153,022 |
| 13 | Michigan | 1,069 | $127,792 |
| 14 | Virginia | 932 | $157,076 |
| 15 | North Carolina | 838 | $139,256 |
| 16 | Indiana | 803 | $123,626 |
| 17 | Missouri | 771 | $122,006 |
| 18 | Tennessee | 770 | $132,377 |
| 19 | Wisconsin | 737 | $131,801 |
| 20 | Washington | 709 | $154,632 |
| 21 | Maryland | 534 | $168,234 |
| 22 | Colorado | 481 | $143,870 |
| 23 | South Carolina | 463 | $125,190 |
| 24 | Kentucky | 451 | $133,903 |
| 25 | Oregon | 446 | $179,695 |
| 26 | Alabama | 437 | $136,528 |
| 27 | Kansas | 431 | $144,753 |
| 28 | Arkansas | 402 | $161,046 |
| 29 | Iowa | 387 | $121,772 |
| 30 | Connecticut | 340 | $152,980 |
| 31 | New Mexico | 327 | $149,722 |
| 32 | Nebraska | 326 | $121,977 |
| 33 | Oklahoma | 321 | $132,300 |
| 34 | Utah | 312 | $143,100 |
| 35 | Louisiana | 306 | $133,991 |
| 36 | Nevada | 303 | $158,577 |
| 37 | Montana | 208 | $145,965 |
| 38 | Mississippi | 207 | $149,857 |
| 39 | South Dakota | 175 | $142,175 |
| 40 | West Virginia | 167 | $145,968 |
| 41 | Delaware | 149 | $152,884 |
| 42 | North Dakota | 148 | $147,985 |
| 43 | Alaska | 139 | $174,615 |
| 44 | Wyoming | 130 | $146,706 |
| 45 | Rhode Island | 127 | $154,699 |
| 46 | Hawaii | 126 | $143,721 |
| 47 | New Hampshire | 101 | $176,951 |
| 48 | Idaho | 98 | $152,452 |
| 49 | Maine | 75 | $165,359 |
| 50 | Vermont | 46 | $177,946 |
Top Colleges for Development Vice Presidents
1. Northwestern University
Evanston, IL • Private
2. University of Southern California
Los Angeles, CA • Private
3. University of Pennsylvania
Philadelphia, PA • Private
4. Boston University
Boston, MA • Private
5. University of Minnesota - Twin Cities
Minneapolis, MN • Private
6. San Diego State University
San Diego, CA • Private
7. George Washington University, The
Washington, DC • Private
8. Pennsylvania State University
University Park, PA • Private
9. University of Washington
Seattle, WA • Private
10. SUNY Stony Brook
Stony Brook, NY • Private
Top Skills For a Development Vice President
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, 8.9% of development vice presidents listed business development on their resume, but soft skills such as business skills and collaboration skills are important as well.
Choose From 10+ Customizable Development Vice President Resume templates
Zippia allows you to choose from different easy-to-use Development Vice President templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Development Vice President resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Development Vice President Demographics
Development Vice President Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among development vice presidents, 33.0% of them are women, while 67.0% are men.
- The most common race/ethnicity among development vice presidents is White, which makes up 65.1% of all development vice presidents.
- The most common foreign language among development vice presidents is Spanish at 45.8%.
Work Experience Programs For Development Vice Presidents
Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!
Company: Accenture UK
Cost: Free
Duration: 5.75-8 hours
Company: JPMorgan Chase & Co.
Cost: Free
Duration: 4.25-5.75 hours
Company: Linklaters Hong Kong SAR
Cost: Free
Duration: 6-7 hours
Company: Standard Bank
Cost: Free
Duration: 4.5-5.5 hours
Company: Sydney School of Entrepreneurship
Cost: Free
Duration: 7-9 hours
Company: Two Sigma
Cost: Free
Duration: 5-6 hours
Company: Clyde & Co
Cost: Free
Duration: 4.5 hours
Company: Accenture North America
Cost: Free
Duration: 5-6 hours
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Best States For a Development Vice President
Some places are better than others when it comes to starting a career as a development vice president. The best states for people in this position are Oregon, Vermont, New Hampshire, and Alaska. Development vice presidents make the most in Oregon with an average salary of $179,695. Whereas in Vermont and New Hampshire, they would average $177,946 and $176,951, respectively. While development vice presidents would only make an average of $174,615 in Alaska, 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. Alaska
$174,615
Avg. Salary
2. Arkansas
$161,046
Avg. Salary
3. Oregon
$179,695
Avg. Salary
How Do Development Vice President Rate Their Jobs?
Top Development Vice President Employers
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ development vice presidents and discovered their number of development vice president opportunities and average salary. Through our research, we concluded that JPMorgan Chase & Co. was the best, especially with an average salary of $139,578. Nomura Holdings follows up with an average salary of $154,138, and then comes Pi Beta Phi with an average of $58,945. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a development vice president. The employers include Deutsche Bank, State Street, and Fidelity Investments
Most Common Employers For Development Vice President
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | AQR Capital Management | $161,584 | $77.68 | 11 |
| 2 | Deutsche Bank | $159,952 | $76.90 | 10 |
| 3 | Citi | $159,674 | $76.77 | 43 |
| 4 | Goldman Sachs | $156,606 | $75.29 | 19 |
| 5 | Nomura Securities | $154,138 | $74.10 | 63 |
| 6 | Merrill Lynch | $149,504 | $71.88 | 11 |
| 7 | Tradeweb | $148,365 | $71.33 | 31 |
| 8 | Morgan Stanley | $148,102 | $71.20 | 16 |
| 9 | Marsh & McLennan Companies | $145,754 | $70.07 | 16 |
| 10 | Century Communities | $144,897 | $69.66 | 10 |
Development Vice President Videos
