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The differences between managers, corporate development and senior development managers 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 senior development manager takes usually requires 6-8 years. Additionally, a senior development manager has an average salary of $141,487, 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 senior development manager are java, software development, and cloud.
| Manager, Corporate Development | Senior Development Manager | |
| Yearly salary | $132,983 | $141,487 |
| Hourly rate | $63.93 | $68.02 |
| Growth rate | 10% | 16% |
| Number of jobs | 102,069 | 148,732 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Average age | 39 | 47 |
| Years of experience | 10 | 8 |
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 senior development manager oversees the daily operations of a company's product development team. They mostly have administrative duties, such as spearheading projects and programs, streamlining project requirements, establishing objectives and timelines, setting budgets and guidelines, delegating responsibilities among teams, and monitoring their progress, coordinating every team's efforts to ensure an effective workflow. Being a senior development manager takes years of experience, which they utilize to lead and guide teams in a joint effort to reach project goals and deliver profitable products.
Managers, corporate development and senior development managers have different pay scales, as shown below.
| Manager, Corporate Development | Senior Development Manager | |
| Average salary | $132,983 | $141,487 |
| Salary range | Between $97,000 And $181,000 | Between $106,000 And $188,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Ropes & Gray | Akin Gump Strauss Hauer & Feld |
| Best paying industry | Start-up | Hospitality |
There are a few differences between a manager, corporate development and a senior development manager in terms of educational background:
| Manager, Corporate Development | Senior Development Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Carnegie Mellon University |
Here are the differences between managers, corporate development' and senior development managers' demographics:
| Manager, Corporate Development | Senior Development Manager | |
| Average age | 39 | 47 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 71.9% Female, 28.1% |
| 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, 6.6% Unknown, 5.2% Hispanic or Latino, 9.9% Asian, 13.6% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 11% |