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Working as a Vice President, Business Development

There is more than meets the eye when it comes to being a vice president, business development. For example, did you know that they make an average of $71.86 an hour? That's $149,469 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Vice President, Business Development Do

There are certain skills that many vice presidents, business development have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, business skills and collaboration skills.

When it comes to the most important skills required to be a vice president, business development, we found that a lot of resumes listed 12.5% of vice presidents, business development included business development, while 8.4% of resumes included sales process, and 8.2% of resumes included revenue growth. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the vice president, business development job title. But what industry to start with? Most vice presidents, business development actually find jobs in the health care and finance industries.

How To Become a Vice President, Business Development

If you're interested in becoming a vice president, business development, one of the first things to consider is how much education you need. We've determined that 51.1% of vice presidents, business development have a bachelor's degree. In terms of higher education levels, we found that 35.3% of vice presidents, business development have master's degrees. Even though most vice presidents, business development have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a vice president, business development. When we researched the most common majors for a vice president, business development, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on vice president, business development resumes include doctoral degree degrees or associate degree degrees.

You may find that experience in other jobs will help you become a vice president, business development. In fact, many vice president, business development jobs require experience in a role such as vice president. Meanwhile, many vice presidents, business development also have previous career experience in roles such as business development director or account executive.

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Average Salary$149,469
Job Growth Rate6%

Vice President, Business Development Jobs

Vice President, Business Development Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Vice President, Business Development. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Vice President, Business Development Resume

At Zippia, we went through countless Vice President, Business Development resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Vice President, Business Development Career Paths

Top Careers Before Vice President, Business Development

Top Careers After Vice President, Business Development

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Vice President, Business Development

Vice Presidents, Business Development in America make an average salary of $149,469 per year or $72 per hour. The top 10 percent makes over $246,000 per year, while the bottom 10 percent under $90,000 per year.
Average Salary
$149,469

Best Paying Cities

Average Salary
Salary Range140k - 292k$203k$202,592
Salary Range135k - 285k$197k$196,902
Salary Range134k - 273k$192k$191,748
Salary Range124k - 271k$184k$184,048
Salary Range123k - 273k$184k$183,919
Salary Range127k - 259k$182k$182,136
$91k
$292k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
VP of Business Development
VP of Business Development
Murray Resources
Murray Resources
09/29/2020
09/29/2020
$125,00009/29/2020
$125,000
VP of Business Development
VP of Business Development
A-Line Staffing Solutions
A-Line Staffing Solutions
08/17/2020
08/17/2020
$125,00008/17/2020
$125,000
VP Business Development Americas
VP Business Development Americas
DSM
DSM
03/24/2020
03/24/2020
$151,00003/24/2020
$151,000
Vice President, Business Development
Vice President, Business Development
Cybercoders
Cybercoders
01/29/2020
01/29/2020
$170,00001/29/2020
$170,000
Vice President, Business Development
Vice President, Business Development
The Edens Group, LLC
The Edens Group, LLC
12/31/2019
12/31/2019
$250,00012/31/2019
$250,000
See More Recent Salaries

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Vice President, Business Development Demographics

Gender

male

77.8%

female

18.7%

unknown

3.5%

Ethnicity

White

77.3%

Hispanic or Latino

9.4%

Asian

6.6%

Foreign Languages Spoken

Spanish

33.5%

French

15.6%

German

8.2%
See More Demographics

Vice President, Business Development Education

Majors

Finance
12.1%

Degrees

Bachelors

51.1%

Masters

35.3%

Doctorate

4.0%

Top Colleges for Vice President, Business Developments

1. University of Pennsylvania

Philadelphia, PA

Tuition and fees
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL

Tuition and fees
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA

Tuition and fees
$56,225
Enrollment
19,548

4. University of Texas at Austin

Austin, TX

Tuition and fees
$10,610
Enrollment
40,329

5. SUNY at Binghamton

Vestal, NY

Tuition and fees
$9,808
Enrollment
13,990

6. Northeastern University

Boston, MA

Tuition and fees
$51,522
Enrollment
13,760

7. Bentley University

Waltham, MA

Tuition and fees
$49,880
Enrollment
4,177

8. George Washington University, The

Washington, DC

Tuition and fees
$55,230
Enrollment
12,161

9. Lehigh University

Bethlehem, PA

Tuition and fees
$52,930
Enrollment
5,030

10. Pennsylvania State University

University Park, PA

Tuition and fees
$18,454
Enrollment
40,108
See More Education Info

Entry Level Jobs For Becoming A Vice President, Business Development

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Vice President, Business Development

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.5% of vice presidents, business development listed business development on their resume, but soft skills such as analytical skills and business skills are important as well.

Best States For a Vice President, Business Development

Some places are better than others when it comes to starting a career as a vice president, business development. The best states for people in this position are Idaho, Virginia, Washington, and Wyoming. Vice presidents, business development make the most in Idaho with an average salary of $164,583. Whereas in Virginia and Washington, they would average $161,551 and $161,309, respectively. While vice presidents, business development would only make an average of $160,393 in Wyoming, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Virginia

Total Vice President, Business Development Jobs:
1,291
Highest 10% Earn:
$253,000
Location Quotient:
1.06
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Delaware

Total Vice President, Business Development Jobs:
157
Highest 10% Earn:
$251,000
Location Quotient:
1.58
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Idaho

Total Vice President, Business Development Jobs:
84
Highest 10% Earn:
$253,000
Location Quotient:
0.71
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Vice President, Business Development Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a vice president, business development. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

At Zippia, we went through countless vice president, business development resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Write a Vice President, Business Development Resume

At Zippia, we went through countless vice president, business development resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

How Do Vice President, Business Development Rate Their Jobs?

Zippia Official Logo

5.0

Business development reviewApril 2019

5.0

Zippia Official LogoBusiness development reviewApril 2019

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Top Vice President, Business Development Employers

1. Wells Fargo
4.8
Avg. Salary: 
$42,050
Vice President, Business Developments Hired: 
62+
2. Bank of America
4.8
Avg. Salary: 
$56,114
Vice President, Business Developments Hired: 
54+
3. JPMorgan Chase
4.9
Avg. Salary: 
$75,304
Vice President, Business Developments Hired: 
44+
4. The PNC Financial Services Group
4.9
Avg. Salary: 
$49,510
Vice President, Business Developments Hired: 
39+
5. Citi
4.9
Avg. Salary: 
$73,912
Vice President, Business Developments Hired: 
37+
6. Amedisys
4.6
Avg. Salary: 
$72,459
Vice President, Business Developments Hired: 
33+

Vice President, Business Development Videos

Recently Added Vice President, Business Development Jobs

Updated October 2, 2020