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The differences between partner business managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a partner business manager, becoming a business development manager takes usually requires 8-10 years. Additionally, a partner business manager has an average salary of $115,495, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a partner business manager include human resources, cloud and business development. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Partner Business Manager | Business Development Manager | |
| Yearly salary | $115,495 | $100,769 |
| Hourly rate | $55.53 | $48.45 |
| Growth rate | 6% | 10% |
| Number of jobs | 304,626 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
A partner business manager is a person who manages a partnership and is responsible for the daily operations of the business. The responsibilities of this position vary widely depending on the structures of the partnership, the business in which they are involved, and in some cases, if the manager is also one of the partners. Partner business managers are a great option for having one manager instead of having partner owners involved in the day-to-day operations of their business.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Partner business managers and business development managers have different pay scales, as shown below.
| Partner Business Manager | Business Development Manager | |
| Average salary | $115,495 | $100,769 |
| Salary range | Between $88,000 And $151,000 | Between $67,000 And $151,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Shearman & Sterling |
| Best paying industry | - | Finance |
There are a few differences between a partner business manager and a business development manager in terms of educational background:
| Partner Business Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between partner business managers' and business development managers' demographics:
| Partner Business Manager | Business Development Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 61.2% Female, 38.8% | Male, 68.6% Female, 31.4% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |