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The differences between vice presidents, corporate development and corporate vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a vice president, corporate development and a corporate vice president. Additionally, a vice president, corporate development has an average salary of $205,849, which is higher than the $165,788 average annual salary of a corporate vice president.
The top three skills for a vice president, corporate development include due diligence, corporate strategy and financial analysis. The most important skills for a corporate vice president are risk management, portfolio, and oversight.
| Vice President, Corporate Development | Corporate Vice President | |
| Yearly salary | $205,849 | $165,788 |
| Hourly rate | $98.97 | $79.71 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,669 | 69,051 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A vice president of corporate development is responsible for implementing corporate decisions and strategies that would help the organization grow and develop to match global competitiveness. Vice presidents of corporate development monitor the operational process across the organization, identify areas of improvement, and modify project procedures according to quality standards and business requirements. They coordinate with the senior management and stakeholders to determine the necessary actions and opportunities to increase the company's revenues and market presence.
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Vice presidents, corporate development and corporate vice presidents have different pay scales, as shown below.
| Vice President, Corporate Development | Corporate Vice President | |
| Average salary | $205,849 | $165,788 |
| Salary range | Between $128,000 And $328,000 | Between $113,000 And $242,000 |
| Highest paying City | Bothell, WA | Washington, DC |
| Highest paying state | Alaska | Nevada |
| Best paying company | Scripps Health | Brookfield Properties |
| Best paying industry | Technology | Hospitality |
There are a few differences between a vice president, corporate development and a corporate vice president in terms of educational background:
| Vice President, Corporate Development | Corporate Vice President | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between vice presidents, corporate development' and corporate vice presidents' demographics:
| Vice President, Corporate Development | Corporate Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 82.7% Female, 17.3% | Male, 73.8% Female, 26.2% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.0% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |