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The differences between international business development managers and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an international business development manager, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $97,396 average annual salary of an international business development manager.
The top three skills for an international business development manager include logistics, international business development and market trends. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| International Business Development Manager | Vice President, Business Development | |
| Yearly salary | $97,396 | $165,159 |
| Hourly rate | $46.83 | $79.40 |
| Growth rate | 10% | 6% |
| Number of jobs | 152,334 | 188,137 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 39 | 52 |
| Years of experience | 10 | - |
An International Business development manager helps businesses grow by generating revenue and establishing positive relationships with clients across international territories. They conduct market research and analysis to find new business and client opportunities, generate and pursue leads, develop sales pitches and techniques, reach out to clients to offer products and services, arrange appointments, and negotiate terms with potential clients. Besides managing client accounts, an international business development manager helps development teams reach goals, training new members to enhance their skills.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
International business development managers and vice presidents, business development have different pay scales, as shown below.
| International Business Development Manager | Vice President, Business Development | |
| Average salary | $97,396 | $165,159 |
| Salary range | Between $61,000 And $155,000 | Between $104,000 And $262,000 |
| Highest paying City | Quincy, MA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Sidewinder Drilling | Fanatics |
| Best paying industry | Hospitality | Manufacturing |
There are a few differences between an international business development manager and a vice president, business development in terms of educational background:
| International Business Development Manager | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between international business development managers' and vice presidents, business development' demographics:
| International Business Development Manager | Vice President, Business Development | |
| Average age | 39 | 52 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 81.3% Female, 18.7% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |