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Director New Business Development Careers

Director of new business development is responsible for increasing company revenue by identifying and developing new business opportunities as well as expanding brand presence. They lead cross-functional teams, manage existing partnerships, and evaluate company business goals.

The duties and responsibilities that they perform in this capacity include building internal and external relationships, identifying new business opportunities, directing strategic marketing, supporting operations planning, and developing proposals and presentations for new business opportunities. Essential skills required for the job include relationship management, strategic planning, operations enhancement, team coordination, and communication. Generally, such position holders have at least a bachelor's degree in business administration or a similar field. However, many companies prefer to hire candidates with a master's degree and prior proven and relevant work experience.

The average hourly salary for the position is $48.93, which amounts to $101,782 annually. Moreover, the career is expected to grow in the following years to come and create new opportunities across the United States.

There is more than meets the eye when it comes to being a director new business development. For example, did you know that they make an average of $47.27 an hour? That's $98,312 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a Director New Business Development Do

There are certain skills that many directors new business development 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 creativity, interpersonal skills and organizational skills.

When it comes to the most important skills required to be a director new business development, we found that a lot of resumes listed 18.9% of directors new business development included business development, while 7.8% of resumes included project management, and 7.5% of resumes included sales goals. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the director new business development job title. But what industry to start with? Most directors new business development actually find jobs in the manufacturing and media industries.

How To Become a Director New Business Development

If you're interested in becoming a director new business development, one of the first things to consider is how much education you need. We've determined that 70.4% of directors new business development have a bachelor's degree. In terms of higher education levels, we found that 13.9% of directors new business development have master's degrees. Even though most directors new business development have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a director new business development. When we researched the most common majors for a director new business development, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on director new business development resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a director new business development. In fact, many director new business development jobs require experience in a role such as account executive. Meanwhile, many directors new business development also have previous career experience in roles such as senior account executive or marketing director.

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Average Salary
$98,312
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
75,640
Job Openings

Director New Business Development Career Paths

Top Careers Before Director New Business Development

Top Careers After Director New Business Development

Director New Business Development Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Director New Business Development

Directors New Business Development in America make an average salary of $98,312 per year or $47 per hour. The top 10 percent makes over $166,000 per year, while the bottom 10 percent under $58,000 per year.
Average Salary
$98,312
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Best Paying Cities

City
ascdesc
Average Salarydesc
Parsippany-Troy Hills, NJ
Salary Range112k - 210k$154k$153,623
San Bruno, CA
Salary Range104k - 209k$148k$148,262
Bellevue, WA
Salary Range100k - 173k$132k$132,139
New York, NY
Salary Range89k - 168k$123k$122,714
Minneapolis, MN
Salary Range90k - 159k$120k$120,198
Chicago, IL
Salary Range89k - 160k$120k$119,843
$54k
$210k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
**Director-EVS-New Business
**Director-EVS-New Business
Hospital Housekeeping Systems LLC
Hospital Housekeeping Systems LLC
05/19/2021
05/19/2021
$65,00005/19/2021
$65,000
Associate Director, New Business Development and Member Engagement, Center for Corporate Citizenship
Associate Director, New Business Development and Member Engagement, Center for Corporate Citizenship
Boston College
Boston College
05/05/2021
05/05/2021
$80,05005/05/2021
$80,050
Associate Director, New Business Development and Member Engagement, Center for Corporate Citizenship
Associate Director, New Business Development and Member Engagement, Center for Corporate Citizenship
Boston College
Boston College
05/05/2021
05/05/2021
$80,05005/05/2021
$80,050
Director of New Business Development
Director of New Business Development
International Flavors & Fragrances, Inc.
International Flavors & Fragrances, Inc.
03/24/2021
03/24/2021
$92,00003/24/2021
$92,000
Director of New Business Development
Director of New Business Development
International Flavors & Fragrances, Inc.
International Flavors & Fragrances, Inc.
03/23/2021
03/23/2021
$92,00003/23/2021
$92,000
See More Recent Salaries

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Director New Business Development Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Director New Business Development. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Director New Business Development Resume

At Zippia, we went through countless Director New Business Development resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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Director New Business Development Demographics

Gender

male

67.1 %

female

29.4 %

unknown

3.5 %

Ethnicity

White

73.2 %

Hispanic or Latino

10.8 %

Asian

9.0 %

Foreign Languages Spoken

Spanish

46.3 %

French

11.9 %

Japanese

7.5 %
See More Demographics

Director New Business Development Education

Majors

Business
25.7 %
Marketing
14.0 %

Degrees

Bachelors

70.4 %

Masters

13.9 %

Certificate

8.0 %

Top Colleges for Director New Business Developments

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

5. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

6. Ohio State University

Columbus, OH • Private

In-State Tuition
$10,726
Enrollment
45,769

7. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990
See More Education Info

Online Courses For Director New Business Development That You May Like

New Product Development - develop your own new product
coursera

New product development is essential for the survival of many companies in the Hi-Tec sector, as well as other sectors. The percentage of sales of successful business organizations tied to the successful Introduction of new products and services is high. However, the failure rate of new products development projects is also high and therefore there is a need for a methodology based on a well-designed process as well as tools and techniques to manage New Product Development (NPD) projects. Since...

Sales Fire: B2B Sales & Business Development for Startups
udemy
4.4
(509)

The Ultimate Sales Methodology for Business Development & B2B Sales to Learn Sales Strategy, Sales Skills & Deal Closing...

New Product Development
edX (Global)

An effective process for conceiving, developing and launching new products or services is critical to becoming competitive in most industries. This course includes key concepts like new product development strategy, types of product development strategies and steps. This course involves (a) Organizational integration of the work of functional specialists, industrial designers, and other key participants within the firm. (b) Reducing the time-to-market while meeting cost and quality targets. ...

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Top Skills For a Director New Business Development

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, 18.9% of directors new business development listed business development on their resume, but soft skills such as creativity and interpersonal skills are important as well.

Best States For a Director New Business Development

Some places are better than others when it comes to starting a career as a director new business development. The best states for people in this position are New Jersey, Colorado, Kansas, and Washington. Directors new business development make the most in New Jersey with an average salary of $144,472. Whereas in Colorado and Kansas, they would average $131,738 and $129,721, respectively. While directors new business development would only make an average of $129,394 in Washington, 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. Kansas

Total Director New Business Development Jobs:
791
Highest 10% Earn:
$215,000
Location Quotient:
1.31
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Arkansas

Total Director New Business Development Jobs:
721
Highest 10% Earn:
$204,000
Location Quotient:
1.38
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Montana

Total Director New Business Development Jobs:
378
Highest 10% Earn:
$192,000
Location Quotient:
1.64
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Director New Business Development Employers

1. The Advisory Board Company
4.7
Avg. Salary: 
$92,111
Director New Business Developments Hired: 
12+
2. Compass Group
4.1
Avg. Salary: 
$102,855
Director New Business Developments Hired: 
11+
3. Radancy
4.6
Avg. Salary: 
$100,952
Director New Business Developments Hired: 
6+
4. AT&T
4.7
Avg. Salary: 
$120,527
Director New Business Developments Hired: 
6+
5. Sealed Air
4.8
Avg. Salary: 
$111,354
Director New Business Developments Hired: 
5+
6. IRI
4.7
Avg. Salary: 
$105,085
Director New Business Developments Hired: 
5+

Director New Business Development Videos

Updated October 2, 2020