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The differences between executive directors business development and development vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an executive director business development, becoming a development vice president takes usually requires 2-4 years. Additionally, a development vice president has an average salary of $156,085, which is higher than the $134,931 average annual salary of an executive director business development.
The top three skills for an executive director business development include CRM, market trends and market research. The most important skills for a development vice president are business development, java, and development finance.
| Executive Director Business Development | Development Vice President | |
| Yearly salary | $134,931 | $156,085 |
| Hourly rate | $64.87 | $75.04 |
| Growth rate | 10% | 7% |
| Number of jobs | 211,826 | 94,188 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Average age | 39 | 45 |
| Years of experience | 10 | 4 |
A business development executive's primary goal is to help their company drive forward using multilayered sales and customer service skills. They research and pursue prospective clients and new business leads that have excellent business growth potential. They are expected to work on new business proposals and present persuasive presentations for their services or products. They must conduct a thorough analysis to ensure success and avoid losses that may affect their business partners' and shareholders' trust in the company's capability of maximizing target profit.
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.
Executive directors business development and development vice presidents have different pay scales, as shown below.
| Executive Director Business Development | Development Vice President | |
| Average salary | $134,931 | $156,085 |
| Salary range | Between $88,000 And $205,000 | Between $103,000 And $235,000 |
| Highest paying City | San Francisco, CA | Portland, OR |
| Highest paying state | Rhode Island | Oregon |
| Best paying company | Exelixis | Mall of America |
| Best paying industry | Technology | Hospitality |
There are a few differences between an executive director business development and a development vice president in terms of educational background:
| Executive Director Business Development | Development Vice President | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between executive directors business development' and development vice presidents' demographics:
| Executive Director Business Development | Development Vice President | |
| Average age | 39 | 45 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 67.0% Female, 33.0% |
| 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, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 18% |