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The differences between managers, corporate development and category 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 manager, corporate development and a category manager. Additionally, a manager, corporate development has an average salary of $132,983, which is higher than the $102,035 average annual salary of a category manager.
The top three skills for a manager, corporate development include corporate development, project management and financial models. The most important skills for a category manager are strategic sourcing, category strategy, and supplier performance.
| Manager, Corporate Development | Category Manager | |
| Yearly salary | $132,983 | $102,035 |
| Hourly rate | $63.93 | $49.06 |
| Growth rate | 10% | 10% |
| Number of jobs | 102,069 | 108,424 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A corporate development manager is responsible for planning and executing project management techniques to enhance business performance and improve financial stability. Corporate development managers identify business opportunities that would generate more revenue resources for the business and establish client partnerships. They also handle the budget for corporate operations, including events, programs, and media presence. A corporate development manager must have excellent communication and leadership skills to address the team's needs and concerns to maximize their efficiency and productivity.
Category managers are usually employed in the retail industry. They are primarily responsible for the sales enhancement of a specific group of products. The managers are involved in pricing, marketing, inventory, and vendor management. Their daily tasks include meeting with suppliers to talk about the plans, conducting orientation to the market research company, and updating category reports. Qualified applicants must have a degree in business administration or a related field as well as relevant job experience in a related job.
Managers, corporate development and category managers have different pay scales, as shown below.
| Manager, Corporate Development | Category Manager | |
| Average salary | $132,983 | $102,035 |
| Salary range | Between $97,000 And $181,000 | Between $74,000 And $138,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Nevada |
| Best paying company | Ropes & Gray | McKinsey & Company Inc |
| Best paying industry | Start-up | Manufacturing |
There are a few differences between a manager, corporate development and a category manager in terms of educational background:
| Manager, Corporate Development | Category Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between managers, corporate development' and category managers' demographics:
| Manager, Corporate Development | Category Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 55.7% Female, 44.3% |
| 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% |