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Manager, product research and development vs business development manager

The differences between managers, product research and development and 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, product research and development and a business development manager. Additionally, a manager, product research and development has an average salary of $107,581, which is higher than the $100,769 average annual salary of a business development manager.

The top three skills for a manager, product research and development include R, product development and market research. The most important skills for a business development manager are customer service, CRM, and healthcare.

Manager, product research and development vs business development manager overview

Manager, Product Research And DevelopmentBusiness Development Manager
Yearly salary$107,581$100,769
Hourly rate$51.72$48.45
Growth rate10%10%
Number of jobs200,428215,309
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
Average age3939
Years of experience1010

Manager, product research and development vs business development manager salary

Managers, product research and development and business development managers have different pay scales, as shown below.

Manager, Product Research And DevelopmentBusiness Development Manager
Average salary$107,581$100,769
Salary rangeBetween $75,000 And $152,000Between $67,000 And $151,000
Highest paying CityMenlo Park, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyByteDanceShearman & Sterling
Best paying industryStart-upFinance

Differences between manager, product research and development and business development manager education

There are a few differences between a manager, product research and development and a business development manager in terms of educational background:

Manager, Product Research And DevelopmentBusiness Development Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Manager, product research and development vs business development manager demographics

Here are the differences between managers, product research and development' and business development managers' demographics:

Manager, Product Research And DevelopmentBusiness Development Manager
Average age3939
Gender ratioMale, 77.1% Female, 22.9%Male, 68.6% Female, 31.4%
Race ratioBlack 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 Percentage10%10%

Differences between manager, product research and development and business development manager duties and responsibilities

Manager, product research and development example responsibilities.

  • Document on site QA reviews as well as in country reviews to achieve end product adherence to translation requirements.
  • Manage production planning to ensure medical combination product portfolio on-time delivery to European pharmaceutical clients
  • Develop ISO compliant national labor claim and quality processes and controls.
  • Work closely with QA on the resolution of software defects, taking in account risk management and change management.
  • Participate in the preparation and presentation of external communications for investors, clinical investigators, FDA and scientific community.
  • Develop innovative business proposal and technology roadmap to consolidate international product lines and establish a product platform for future growth.
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Business development manager example responsibilities.

  • Manage Seo of websites and campaigns.
  • Manage the provisioning and implementation of the cloud solutions for different customers.
  • Lead worldwide development for high traffic facilities; markets include Americas, Europe, Asia-Pacific.
  • Manage the global support team and are responsible for cost reduction for the UK ready meals facility.
  • Assist in leading a team of BDM's to achieve revenue, attrition, and value add service goals.
  • Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.
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Manager, product research and development vs business development manager skills

Common manager, product research and development skills
  • R, 28%
  • Product Development, 13%
  • Market Research, 9%
  • Manage Cross, 4%
  • Product Quality, 4%
  • Product Management, 4%
Common business development manager skills
  • Customer Service, 8%
  • CRM, 7%
  • Healthcare, 5%
  • Business Relationships, 4%
  • Customer Relationships, 3%
  • Project Management, 3%

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