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The differences between development vice presidents and business development directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a development vice president, becoming a business development director takes usually requires 8-10 years. Additionally, a development vice president has an average salary of $156,085, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a business development director are healthcare, CRM, and patients.
| Development Vice President | Business Development Director | |
| Yearly salary | $156,085 | $117,784 |
| Hourly rate | $75.04 | $56.63 |
| Growth rate | 7% | 10% |
| Number of jobs | 94,188 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Average age | 45 | 39 |
| Years of experience | 4 | 10 |
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.
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
Development vice presidents and business development directors have different pay scales, as shown below.
| Development Vice President | Business Development Director | |
| Average salary | $156,085 | $117,784 |
| Salary range | Between $103,000 And $235,000 | Between $72,000 And $192,000 |
| Highest paying City | Portland, OR | San Francisco, CA |
| Highest paying state | Oregon | New Mexico |
| Best paying company | Mall of America | alliantgroup |
| Best paying industry | Hospitality | Finance |
There are a few differences between a development vice president and a business development director in terms of educational background:
| Development Vice President | Business Development Director | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between development vice presidents' and business development directors' demographics:
| Development Vice President | Business Development Director | |
| Average age | 45 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 72.3% Female, 27.7% |
| Race ratio | 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% | 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 | 18% | 10% |