An international business development manager takes care of a business's expansion into international markets. They find opportunities for the business to expand by researching market trends and developing partnerships with key international partners. The international business development manager is an expert salesperson that knows how to pitch their business to potential clients and negotiate favorable terms. They also take care of administrative tasks such as tracking financial transactions and market databases using tools such as Salesforce. An excellent international business development manager has strong interpersonal skills, the creativity to come up with innovative business plans, and international experience in order to understand foreign markets and business norms.
Many companies prefer that their international business development manager has a master's degree in business or a similar field. However, many international business development managers are able to prove that they have the necessary expertise with only a bachelor's degree.
International business development managers also need several years of experience working in business development and sales. Once they're qualified, they can earn an average salary of $84,910 a year.
There is more than meets the eye when it comes to being an international business development manager. For example, did you know that they make an average of $43.25 an hour? That's $89,969 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many international business development managers 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 an international business development manager, we found that a lot of resumes listed 15.7% of international business development managers included business development, while 13.9% of resumes included market research, and 12.8% of resumes included logistics. 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 international business development manager job title. But what industry to start with? Most international business development managers actually find jobs in the manufacturing and technology industries.
If you're interested in becoming an international business development manager, one of the first things to consider is how much education you need. We've determined that 63.4% of international business development managers have a bachelor's degree. In terms of higher education levels, we found that 22.2% of international business development managers have master's degrees. Even though most international business development managers 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 an international business development manager. When we researched the most common majors for an international business development manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on international business development manager resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become an international business development manager. In fact, many international business development manager jobs require experience in a role such as business development manager. Meanwhile, many international business development managers also have previous career experience in roles such as account manager or marketing manager.