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The differences between managers, corporate development and development 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 development manager. Additionally, a manager, corporate development has an average salary of $132,983, which is higher than the $110,678 average annual salary of a development manager.
The top three skills for a manager, corporate development include corporate development, project management and financial models. The most important skills for a development manager are project management, customer service, and patients.
| Manager, Corporate Development | Development Manager | |
| Yearly salary | $132,983 | $110,678 |
| Hourly rate | $63.93 | $53.21 |
| Growth rate | 10% | 10% |
| Number of jobs | 102,069 | 111,137 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| 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.
A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract. Development managers usually arrange meetings with clients, analyze business opportunities, improve marketing initiatives to attract clients, research the industry's latest trends, create proposals, and assist in training new staff members. A development manager must have excellent communication and leadership skills to handle staff performance and build professional relationships with clients.
Managers, corporate development and development managers have different pay scales, as shown below.
| Manager, Corporate Development | Development Manager | |
| Average salary | $132,983 | $110,678 |
| Salary range | Between $97,000 And $181,000 | Between $76,000 And $159,000 |
| Highest paying City | Jersey City, NJ | Richmond, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Ropes & Gray | Akin Gump Strauss Hauer & Feld |
| Best paying industry | Start-up | Technology |
There are a few differences between a manager, corporate development and a development manager in terms of educational background:
| Manager, Corporate Development | Development Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between managers, corporate development' and development managers' demographics:
| Manager, Corporate Development | Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 60.5% Female, 39.5% |
| 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% |