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What is a manager, corporate development and how to become one

Updated January 8, 2025
4 min read

A corporate development manager is responsible for strategizing and performing project management techniques to enhance business performance and improve financial stability. You are to conduct market research and work with team members to propose recommendations that help mold company and product strategy.

Your job responsibilities include identifying business opportunities that would generate more income resources for the business, establishing client partnerships, developing a perspective on key competitors' relative strengths and weaknesses, and building strong connections with investors to be at the edge of new developments. You will also contribute to improving the corporate development team by improving existing processes, enrolling, and developing new team members.

As a corporate development manager, you must have a bachelor's degree in business, finance, or economics and some years of experience in investment banking, management consulting, or corporate development. You should also possess excellent analytical, problem-solving, and communication skills. You will earn an average of $127,402 per year.

ScoreManager, Corporate DevelopmentUS Average
Salary
8.5

Avg. Salary $132,983

Avg. Salary $59,228

Stability level
7.5

Growth rate 10%

Growth rate 0.3%

Diversity
3.1
Race

American Indian and Alaska Native 0.23%

Asian 8.15%

Black or African American 3.04%

Hispanic or Latino 8.67%

Unknown 5.32%

White 74.58%

Gender

female 32.96%

male 67.04%

Age - 38
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38
Stress level
7.5

Stress level is high

7.1 - high

Complexity level
9.0

Complexity level is advanced

7 - challenging

Work life balance
3.5

Work life balance is poor

6.4 - fair

Manager, corporate development career paths

Key steps to become a manager, corporate development

  1. Explore manager, corporate development education requirements

    Most common manager, corporate development degrees

    Bachelor's

    64.5 %

    Master's

    28.4 %

    Associate

    4.0 %
  2. Start to develop specific manager, corporate development skills

    SkillsPercentages
    Corporate Development13.88%
    Project Management6.35%
    Financial Models6.10%
    PowerPoint5.80%
    Financial Analysis5.24%
  3. Complete relevant manager, corporate development training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New managers, corporate development learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a manager, corporate development based on U.S. Bureau of Labor Statistics data and data from real manager, corporate development resumes.
  4. Research manager, corporate development duties and responsibilities

    • Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
    • Lead central team summarizing and prioritizing all DOD opportunities, enabling more efficient and effective resource allocation across several program departments.
    • Recruit by CFO to develop and implement growth strategy for a publicly-trade healthcare technology, software and services company.
    • Key markets include commercial office, healthcare, industrial, retail, residential, institutional, aviation and business services.
  5. Apply for manager, corporate development jobs

    Now it's time to start searching for a manager, corporate development job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first manager, corporate development job

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Average manager, corporate development salary

The average manager, corporate development salary in the United States is $132,983 per year or $64 per hour. Manager, corporate development salaries range between $97,000 and $181,000 per year.

Average manager, corporate development salary
$132,983 Yearly
$63.93 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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