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The differences between project specialists and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a project specialist has an average salary of $65,993, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a project specialist include customer service, project management and project proposals. The most important skills for a business development specialist are work ethic, CRM, and customer service.
| Project Specialist | Business Development Specialist | |
| Yearly salary | $65,993 | $57,410 |
| Hourly rate | $31.73 | $27.60 |
| Growth rate | 10% | 10% |
| Number of jobs | 99,583 | 182,116 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A project specialist's role is to ensure that a project or program's completion is within the allotted time and budget. They are primarily responsible for devising plans and strategies to quicken the pace of production or processes involved, creating a comprehensive schedule, monitoring the progress and producing reports, tracking the budget and expenditures, and coordinating with all department personnel. Moreover, a project specialist may also schedule and attend meetings, all while adhering to the company's policies and standards.
A business development specialist is an expert who determines opportunities for marketing strategy optimization and business growth. The specialists perform business process and financial analysis, effective network creation, and business plan implementation. Being a good business development specialist requires knowledge and experience in managing a business. The skillset for the position includes a strong command in English, information technology, attention to detail, and written and verbal communication.
Project specialists and business development specialists have different pay scales, as shown below.
| Project Specialist | Business Development Specialist | |
| Average salary | $65,993 | $57,410 |
| Salary range | Between $41,000 And $103,000 | Between $38,000 And $85,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | California | Wisconsin |
| Best paying company | Meta | Corsair |
| Best paying industry | Professional | Finance |
There are a few differences between a project specialist and a business development specialist in terms of educational background:
| Project Specialist | Business Development Specialist | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between project specialists' and business development specialists' demographics:
| Project Specialist | Business Development Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.7% Female, 53.3% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |