Business Development Manager Salary in the United States

Business Development Manager creates business strategies to facilitate company growth. Identifies and helps to develop strategic relationships with partners or potential customers. Being a Business Development Manager works with other departments to ensure alignment of company goals, as set by senior management. Evaluates appropriate information to forecast the return on future business transactions. Additionally, Business Development Manager designs and determines terms of business agreements. Requires a bachelor's degree of business, finance or marketing or its equivalent. Typically reports to an executive or a manager. The Business Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Business Development Manager typically requires 4 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)