Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between managers, corporate development and senior business 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 senior business development manager. Additionally, a manager, corporate development has an average salary of $132,983, which is higher than the $129,638 average annual salary of a senior business 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 senior business development manager are healthcare, cloud, and business relationships.
| Manager, Corporate Development | Senior Business Development Manager | |
| Yearly salary | $132,983 | $129,638 |
| Hourly rate | $63.93 | $62.33 |
| Growth rate | 10% | 10% |
| Number of jobs | 102,069 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| 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.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Managers, corporate development and senior business development managers have different pay scales, as shown below.
| Manager, Corporate Development | Senior Business Development Manager | |
| Average salary | $132,983 | $129,638 |
| Salary range | Between $97,000 And $181,000 | Between $94,000 And $178,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Ropes & Gray | Shearman & Sterling |
| Best paying industry | Start-up | Manufacturing |
There are a few differences between a manager, corporate development and a senior business development manager in terms of educational background:
| Manager, Corporate Development | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between managers, corporate development' and senior business development managers' demographics:
| Manager, Corporate Development | Senior Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 74.8% Female, 25.2% |
| 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% |