How much does a Head of Business Development make in Minnesota? The average Head of Business Development salary in Minnesota is $338,513 as of February 26, 2024, but the range typically falls between $284,203 and $406,943. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Head of Business Development Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Head of Business Development Salary $234,757 MN February 26, 2024
25th Percentile Head of Business Development Salary $284,203 MN February 26, 2024
50th Percentile Head of Business Development Salary $338,513 MN February 26, 2024
75th Percentile Head of Business Development Salary $406,943 MN February 26, 2024
90th Percentile Head of Business Development Salary $469,245 MN February 26, 2024
25% $284,203 10% $234,757 90% $469,245 75% $406,943 $338,513 50%(Median) Didn’t find job title? Click
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Job Description

The Head of Business Development is responsible for developing new market initiatives, assessing new markets, and analyzing business opportunities. Plans and directs all aspects of an organization's business development policies, objectives, and initiatives. Being a Head of Business Development may also be accountable for licensing initiatives and programs; duties include negotiating contracts, initiating proposals, and closing deals. Conducts financial feasibility studies and develops proposals for new business opportunities. In addition, Head of Business Development requires a bachelor's degree. Typically reports to top management. The Head of Business Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Job Openings for Head of Business Development in Minnesota

Career Path for this job

  1. Down a level:

    SVP Business Development


    Bachelor's Degree

  2. This Job:

    Head of Business Development


    Bachelor's Degree

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Select a city to view specific salary and bonus information for Head of Business Development

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $349,722 Date Updated February 26, 2024
Location Minnetonka, MN Avg. Salary $351,902 Date Updated February 26, 2024
Location Ada, MN Avg. Salary $304,933 Date Updated February 26, 2024
Location Adams, MN Avg. Salary $328,153 Date Updated February 26, 2024
Location Adolph, MN Avg. Salary $316,262 Date Updated February 26, 2024
Location Adrian, MN Avg. Salary $291,556 Date Updated February 26, 2024
Location Afton, MN Avg. Salary $349,325 Date Updated February 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $310,680 Date Updated February 26, 2024
Location Aitkin, MN Avg. Salary $313,554 Date Updated February 26, 2024
Location Akeley, MN Avg. Salary $309,375 Date Updated February 26, 2024

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