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The differences between directors, global business development and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director, global business development, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $135,899 average annual salary of a director, global business development.
The top three skills for a director, global business development include R, business strategy and global business development. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Director, Global Business Development | Vice President, Business Development | |
| Yearly salary | $135,899 | $165,159 |
| Hourly rate | $65.34 | $79.40 |
| Growth rate | 10% | 6% |
| Number of jobs | 134,226 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 39 | 52 |
| Years of experience | 10 | - |
Global business development directors take responsibility to prepare and deliver global business development strategy incorporating and guiding business development work. The directors establish, coordinate, and enforce plans to increase business and get new opportunities. Their job involves strategic marketing and business operations planning along with those in the top management. They set objectives and determine methods in reaching corporate goals.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Directors, global business development and vice presidents, business development have different pay scales, as shown below.
| Director, Global Business Development | Vice President, Business Development | |
| Average salary | $135,899 | $165,159 |
| Salary range | Between $96,000 And $192,000 | Between $104,000 And $262,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Barclays | Fanatics |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a director, global business development and a vice president, business development in terms of educational background:
| Director, Global Business Development | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between directors, global business development' and vice presidents, business development' demographics:
| Director, Global Business Development | Vice President, Business Development | |
| Average age | 39 | 52 |
| Gender ratio | Male, 78.7% Female, 21.3% | Male, 81.3% Female, 18.7% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |