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The differences between senior consultants, business development and business development directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior consultant, business development, becoming a business development director takes usually requires 8-10 years. Additionally, a business development director has an average salary of $117,784, which is higher than the $104,556 average annual salary of a senior consultant, business development.
The top three skills for a senior consultant, business development include SQL, healthcare and project management. The most important skills for a business development director are healthcare, CRM, and patients.
| Senior Consultant, Business Development | Business Development Director | |
| Yearly salary | $104,556 | $117,784 |
| Hourly rate | $50.27 | $56.63 |
| Growth rate | 7% | 10% |
| Number of jobs | 124,778 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 45 | 39 |
| Years of experience | 4 | 10 |
Senior Business Development Consultants are responsible for recruiting independent financial advisors and helping advisors look for assets. Their value is determined through business consultations and understanding the workings of financial practice. Their experience should allow them to know how to recruit the best independent financial advisors and communicate with them. Senior Business Development Consultants are committed to a sound recruiting routine, persistency, and the ability to close deals using any communication channel.
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
Senior consultants, business development and business development directors have different pay scales, as shown below.
| Senior Consultant, Business Development | Business Development Director | |
| Average salary | $104,556 | $117,784 |
| Salary range | Between $81,000 And $133,000 | Between $72,000 And $192,000 |
| Highest paying City | Burbank, CA | San Francisco, CA |
| Highest paying state | Alaska | New Mexico |
| Best paying company | Dell | alliantgroup |
| Best paying industry | Professional | Finance |
There are a few differences between a senior consultant, business development and a business development director in terms of educational background:
| Senior Consultant, Business Development | Business Development Director | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between senior consultants, business development' and business development directors' demographics:
| Senior Consultant, Business Development | Business Development Director | |
| Average age | 45 | 39 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 72.3% Female, 27.7% |
| Race ratio | Black or African American, 11.2% Unknown, 5.4% Hispanic or Latino, 15.9% Asian, 4.1% White, 62.9% 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 | 18% | 10% |