Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior consultants, business development and vice presidents, business development 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 vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, 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 vice president, business development are healthcare, business strategy, and revenue growth.
| Senior Consultant, Business Development | Vice President, Business Development | |
| Yearly salary | $104,556 | $165,159 |
| Hourly rate | $50.27 | $79.40 |
| Growth rate | 7% | 6% |
| Number of jobs | 124,778 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Average age | 45 | 52 |
| Years of experience | 4 | - |
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 vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Senior consultants, business development and vice presidents, business development have different pay scales, as shown below.
| Senior Consultant, Business Development | Vice President, Business Development | |
| Average salary | $104,556 | $165,159 |
| Salary range | Between $81,000 And $133,000 | Between $104,000 And $262,000 |
| Highest paying City | Burbank, CA | Seattle, WA |
| Highest paying state | Alaska | Washington |
| Best paying company | Dell | Fanatics |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a senior consultant, business development and a vice president, business development in terms of educational background:
| Senior Consultant, Business Development | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between senior consultants, business development' and vice presidents, business development' demographics:
| Senior Consultant, Business Development | Vice President, Business Development | |
| Average age | 45 | 52 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 81.3% Female, 18.7% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 18% | 12% |