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The differences between global managers 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 global manager and a business development manager. Additionally, a global manager has an average salary of $105,797, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a global manager include project management, oversight and customer service. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Global Manager | Business Development Manager | |
| Yearly salary | $105,797 | $100,769 |
| Hourly rate | $50.86 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 178,621 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A global manager is responsible for managing the company's operations and projects across the global market, as well as developing marketing campaigns and promotional strategies to increase brand awareness, attract potential clients, and increase revenues and the company's profitability. They also monitor the distribution process and product development, coordinating with other teams for campaign methods, and analyzing current market trends to identify business opportunities that would meet consumer demands and public interests. A global manager handles the budget for international promotion, allocating adequate resources and materials to ensure smooth operations.
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.
Global managers and business development managers have different pay scales, as shown below.
| Global Manager | Business Development Manager | |
| Average salary | $105,797 | $100,769 |
| Salary range | Between $74,000 And $150,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Nevada | California |
| Best paying company | McKinsey & Company Inc | Shearman & Sterling |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a global manager and a business development manager in terms of educational background:
| Global Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between global managers' and business development managers' demographics:
| Global Manager | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.4% Female, 34.6% | 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% |