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The differences between vice presidents, corporate development and 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 vice president. Additionally, a vice president, corporate development has an average salary of $205,849, which is higher than the $158,637 average annual salary of a 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 vice president are healthcare, oversight, and project management.
| Vice President, Corporate Development | Vice President | |
| Yearly salary | $205,849 | $158,637 |
| Hourly rate | $98.97 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,669 | 119,530 |
| Job satisfaction | - | 4 |
| 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.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
Vice presidents, corporate development and vice presidents have different pay scales, as shown below.
| Vice President, Corporate Development | Vice President | |
| Average salary | $205,849 | $158,637 |
| Salary range | Between $128,000 And $328,000 | Between $107,000 And $235,000 |
| Highest paying City | Bothell, WA | San Francisco, CA |
| Highest paying state | Alaska | New York |
| Best paying company | Scripps Health | Brookfield Properties |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a vice president, corporate development and a vice president in terms of educational background:
| Vice President, Corporate Development | 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 Pennsylvania |
Here are the differences between vice presidents, corporate development' and vice presidents' demographics:
| Vice President, Corporate Development | Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 82.7% Female, 17.3% | Male, 65.8% Female, 34.2% |
| 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, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |