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The differences between directors of market analysis and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a director of market analysis and a business development manager. Additionally, a director of market analysis has an average salary of $128,913, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a director of market analysis include financial models, public policy and contract negotiations. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Director Of Market Analysis | Business Development Manager | |
| Yearly salary | $128,913 | $100,769 |
| Hourly rate | $61.98 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 71,273 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A Market Analysis Director manages projects to create technology ecosystems, company risk profiles, industry trends, and product lines. They handle all operational aspects such as aviation, medical transportation, medical and insurance meeting planning. A Market Analysis Director also evaluates company production quality that increases ROI. They also price all deals as per the ROI objectives and maintains competitive offers that match the internal risk prototype.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Directors of market analysis and business development managers have different pay scales, as shown below.
| Director Of Market Analysis | Business Development Manager | |
| Average salary | $128,913 | $100,769 |
| Salary range | Between $75,000 And $220,000 | Between $67,000 And $151,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | Parkland Hospital | Shearman & Sterling |
| Best paying industry | Education | Finance |
There are a few differences between a director of market analysis and a business development manager in terms of educational background:
| Director Of Market Analysis | Business Development Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors of market analysis' and business development managers' demographics:
| Director Of Market Analysis | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 70.6% Female, 29.4% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |