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The differences between strategic alliances managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a strategic alliances manager and a business development manager. Additionally, a strategic alliances manager has an average salary of $110,076, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a strategic alliances manager include business development, lead generation and partner relationships. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Strategic Alliances Manager | Business Development Manager | |
| Yearly salary | $110,076 | $100,769 |
| Hourly rate | $52.92 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 62,450 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic alliances manager is someone who helps a company manage helpful partnerships and find new businesses to work with. Strategic alliances managers are often hired by industries such as technology and pharmaceuticals. The core skills that they should possess to accomplish their job responsibilities include good creative ability and strong organizational and analytical skills. The job's education requirements include a bachelor's or master's degree in business, marketing, management, or a related field.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Strategic alliances managers and business development managers have different pay scales, as shown below.
| Strategic Alliances Manager | Business Development Manager | |
| Average salary | $110,076 | $100,769 |
| Salary range | Between $75,000 And $160,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | ZS | Shearman & Sterling |
| Best paying industry | Technology | Finance |
There are a few differences between a strategic alliances manager and a business development manager in terms of educational background:
| Strategic Alliances Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategic alliances managers' and business development managers' demographics:
| Strategic Alliances Manager | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.6% Female, 34.4% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |