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The differences between management development specialists and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a management development specialist has an average salary of $80,223, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a management development specialist include java, organizational development and development programs. The most important skills for a business development specialist are work ethic, CRM, and customer service.
| Management Development Specialist | Business Development Specialist | |
| Yearly salary | $80,223 | $57,410 |
| Hourly rate | $38.57 | $27.60 |
| Growth rate | 8% | 10% |
| Number of jobs | 136,741 | 182,116 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
Management development specialists and business development specialists have different pay scales, as shown below.
| Management Development Specialist | Business Development Specialist | |
| Average salary | $80,223 | $57,410 |
| Salary range | Between $54,000 And $118,000 | Between $38,000 And $85,000 |
| Highest paying City | Seattle, WA | Jersey City, NJ |
| Highest paying state | Washington | Wisconsin |
| Best paying company | AQR Capital Management | Corsair |
| Best paying industry | Technology | Finance |
There are a few differences between a management development specialist and a business development specialist in terms of educational background:
| Management Development Specialist | Business Development Specialist | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between management development specialists' and business development specialists' demographics:
| Management Development Specialist | Business Development Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 52.2% Female, 47.8% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 11.3% Unknown, 6.5% Hispanic or Latino, 15.3% Asian, 6.3% White, 60.1% American Indian and Alaska Native, 0.5% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 12% | 11% |