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The differences between senior directors of 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 8-10 years to become a senior director of 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 $151,656 average annual salary of a senior director of business development.
The top three skills for a senior director of business development include healthcare, CRM and client facing. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Senior Director Of Business Development | Vice President, Business Development | |
| Yearly salary | $151,656 | $165,159 |
| Hourly rate | $72.91 | $79.40 |
| Growth rate | 10% | 6% |
| Number of jobs | 165,086 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 73% |
| Average age | 39 | 52 |
| Years of experience | 10 | - |
A senior director of business development is in charge of overseeing the sales and marketing operations of a company, ensuring efficiency and smooth workflow. Their responsibilities revolve around devising strategies to strengthen internal and external relationships, coordinating with analysts to find new sales opportunities, utilizing the latest trends, identifying consumer needs, and enforcing corrective measures on operations needing improvement. Furthermore, as a senior director of business development, it is essential to lead and spearhead projects, all while adhering to the company's vision and mission.
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 directors of business development and vice presidents, business development have different pay scales, as shown below.
| Senior Director Of Business Development | Vice President, Business Development | |
| Average salary | $151,656 | $165,159 |
| Salary range | Between $106,000 And $215,000 | Between $104,000 And $262,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | VMware | Fanatics |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a senior director of business development and a vice president, business development in terms of educational background:
| Senior Director Of Business Development | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between senior directors of business development' and vice presidents, business development' demographics:
| Senior Director Of Business Development | Vice President, Business Development | |
| Average age | 39 | 52 |
| Gender ratio | Male, 78.8% Female, 21.2% | Male, 81.3% Female, 18.7% |
| Race ratio | 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% | 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 | 10% | 12% |