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The differences between managers, corporate development and development vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a manager, corporate development, becoming a development vice president takes usually requires 2-4 years. Additionally, a development vice president has an average salary of $156,085, which is higher than the $132,983 average annual salary of a manager, corporate development.
The top three skills for a manager, corporate development include corporate development, project management and financial models. The most important skills for a development vice president are business development, java, and development finance.
| Manager, Corporate Development | Development Vice President | |
| Yearly salary | $132,983 | $156,085 |
| Hourly rate | $63.93 | $75.04 |
| Growth rate | 10% | 7% |
| Number of jobs | 102,069 | 94,188 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Average age | 39 | 45 |
| Years of experience | 10 | 4 |
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 vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
Managers, corporate development and development vice presidents have different pay scales, as shown below.
| Manager, Corporate Development | Development Vice President | |
| Average salary | $132,983 | $156,085 |
| Salary range | Between $97,000 And $181,000 | Between $103,000 And $235,000 |
| Highest paying City | Jersey City, NJ | Portland, OR |
| Highest paying state | New Jersey | Oregon |
| Best paying company | Ropes & Gray | Mall of America |
| Best paying industry | Start-up | Hospitality |
There are a few differences between a manager, corporate development and a development vice president in terms of educational background:
| Manager, Corporate Development | Development Vice President | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between managers, corporate development' and development vice presidents' demographics:
| Manager, Corporate Development | Development Vice President | |
| Average age | 39 | 45 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 67.0% Female, 33.0% |
| 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, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 18% |