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The differences between vice presidents of new business development and business development executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a vice president of new business development and a business development executive. Additionally, a business development executive has an average salary of $97,871, which is higher than the $42,393 average annual salary of a vice president of new business development.
The top three skills for a vice president of new business development include business development, and . The most important skills for a business development executive are business development, digital transformation, and customer service.
| Vice President Of New Business Development | Business Development Executive | |
| Yearly salary | $42,393 | $97,871 |
| Hourly rate | $20.38 | $47.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 120,803 | 189,950 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Vice presidents of new business development and business development executives have different pay scales, as shown below.
| Vice President Of New Business Development | Business Development Executive | |
| Average salary | $42,393 | $97,871 |
| Salary range | Between $29,000 And $60,000 | Between $64,000 And $149,000 |
| Highest paying City | - | Phoenix, AZ |
| Highest paying state | - | Arizona |
| Best paying company | - | Clifford Chance |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a vice president of new business development and a business development executive in terms of educational background:
| Vice President Of New Business Development | Business Development Executive | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between vice presidents of new business development' and business development executives' demographics:
| Vice President Of New Business Development | Business Development Executive | |
| Average age | 39 | 39 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 63.8% Female, 36.2% |
| 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% |