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Senior consultant, business development vs business development specialist

The differences between senior consultants, business development and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior consultant, business development has an average salary of $104,556, which is higher than the $57,410 average annual salary of a business development specialist.

The top three skills for a senior consultant, business development include SQL, healthcare and project management. The most important skills for a business development specialist are work ethic, CRM, and customer service.

Senior consultant, business development vs business development specialist overview

Senior Consultant, Business DevelopmentBusiness Development Specialist
Yearly salary$104,556$57,410
Hourly rate$50.27$27.60
Growth rate7%10%
Number of jobs124,778182,116
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 73%
Average age4544
Years of experience4-

What does a senior consultant, business development do?

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.

What does a business development specialist do?

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.

Senior consultant, business development vs business development specialist salary

Senior consultants, business development and business development specialists have different pay scales, as shown below.

Senior Consultant, Business DevelopmentBusiness Development Specialist
Average salary$104,556$57,410
Salary rangeBetween $81,000 And $133,000Between $38,000 And $85,000
Highest paying CityBurbank, CAJersey City, NJ
Highest paying stateAlaskaWisconsin
Best paying companyDellCorsair
Best paying industryProfessionalFinance

Differences between senior consultant, business development and business development specialist education

There are a few differences between a senior consultant, business development and a business development specialist in terms of educational background:

Senior Consultant, Business DevelopmentBusiness Development Specialist
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityWestern Carolina University

Senior consultant, business development vs business development specialist demographics

Here are the differences between senior consultants, business development' and business development specialists' demographics:

Senior Consultant, Business DevelopmentBusiness Development Specialist
Average age4544
Gender ratioMale, 71.8% Female, 28.2%Male, 50.7% Female, 49.3%
Race ratioBlack 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage18%11%

Differences between senior consultant, business development and business development specialist duties and responsibilities

Senior consultant, business development example responsibilities.

  • Improve the company's Salesforce CRM system to maintain an accurate list of leads, clients and projects/cases.
  • Manage and negotiate key vendor relationships including financial transaction processing, product marketing, advertising and collateral fulfillment to maximize ROI.
  • Track the entire sales cycle in SalesForce and assemble the back office resources to ensure the proper client satisfaction.
  • Develop and maintain an accurate list of prospects and clients in a proprietary client relationship management system (CRM).
  • Identify organizations for company to become vendor-list and receive RFP notices.
  • Develop case-studies and RFP responses and investigate potential business partners/affiliations to expand operations.
  • Show more

Business development specialist example responsibilities.

  • Utilize a number of sales tools such as SalesForce to manage pipeline.
  • Develop and manage all SEO, SEM, and all social media platforms and authore all content.
  • Manage and coordinate a successful implementation of a cloud-base ERP system.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Take inbound and make some outbound calls as necessary to assist customers with billing, account information and troubleshoot technical issues.
  • Experience connecting databases in SQL with the software application.
  • Show more

Senior consultant, business development vs business development specialist skills

Common senior consultant, business development skills
  • SQL, 32%
  • Healthcare, 17%
  • Project Management, 13%
  • SR, 11%
  • UAT, 10%
  • Lean Six Sigma, 1%
Common business development specialist skills
  • Work Ethic, 10%
  • CRM, 9%
  • Customer Service, 7%
  • Healthcare, 6%
  • Sales Process, 4%
  • Salesforce, 4%

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