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The differences between vice presidents, corporate development and vice presidents, business development 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 vice president, business development. Additionally, a vice president, corporate development has an average salary of $205,849, which is higher than the $165,159 average annual salary of a vice president, business development.
The top three skills for a vice president, corporate development include due diligence, corporate strategy and financial analysis. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Vice President, Corporate Development | Vice President, Business Development | |
| Yearly salary | $205,849 | $165,159 |
| Hourly rate | $98.97 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,669 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 73% |
| 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 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.
Vice presidents, corporate development and vice presidents, business development have different pay scales, as shown below.
| Vice President, Corporate Development | Vice President, Business Development | |
| Average salary | $205,849 | $165,159 |
| Salary range | Between $128,000 And $328,000 | Between $104,000 And $262,000 |
| Highest paying City | Bothell, WA | Seattle, WA |
| Highest paying state | Alaska | Washington |
| Best paying company | Scripps Health | Fanatics |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a vice president, corporate development and a vice president, business development in terms of educational background:
| Vice President, Corporate Development | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, corporate development' and vice presidents, business development' demographics:
| Vice President, Corporate Development | Vice President, Business Development | |
| Average age | 52 | 52 |
| Gender ratio | Male, 82.7% Female, 17.3% | Male, 81.3% Female, 18.7% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |