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Salary and Benefits

Business Development Associate
$45K-$56K / yr. (est.)
$46K
$50,964 / year
$56K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Business Development Associate

What does a Business Development Associate do?

As Business Development Associates, we are responsible for helping companies boost their growth and sale. We conduct market research, develop business strategies, build client relationships, and identify new business opportunities. We drive sales and grow the business of an organization. Performing market research and developing business strategies is part of our daily responsibilities. We identify potential clients and collate and maintain client’s information in the CRM database. We coordinate with other staff and implement growth strategies. Working as Business Development Associates, we develop and implement sales strategies and analyze sales data to update marketing strategies. We also assist with drafting business plans and sales pitches.

Core tasks:

  • manage multiple projects
  • identify new business opportunities and partners
  • conduct market research

Insights

How Many Years of Experience Do Professionals Need Before Becoming Business Development Associate?
On average, people work 3-5 years in other positions prior to becoming a Business Development Associate.
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HR CoordinatorNew York City, NY - 9 months ago
🤔 So, what positions should one consider before becoming a Business Development Associate?
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Account ManagerSan Francisco, CA - 9 months ago
🙄 I can't imagine working in another position for that long before being promoted to Business Development Associate
How Long Do Business Development Associate Employees Typically Stay in Their Roles?
On average, Business Development Associates works in this position for 1-3 years across multiple employers.
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Financial AnalystChicago, IL - 9 months ago
I have an MBA in finance and work as a Financial Analyst. It's absurd to think that only 1-3 years of experience can make someone proficient in this complex role.
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Project CoordinatorSan Francisco, CA - 9 months ago
🤔 I started my career as a Project Coordinator and can say that after 1-3 years, I had a significant understanding of project management and the ability to handle complex tasks.
What Is the Job Hopper Score for Business Development Associate Employees?
Moderate job changes in Business Development Associate, showing some career movement without excessive turnover.
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Software EngineerNew York City, NY - 9 months ago
🙄 Business Development Associate? Seriously? Software engineering provides more job security, better pay, and exciting challenges.
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HR ManagerSeattle, WA - 9 months ago
business development associate 🙄 HR management is a more advanced position with a better work-life balance and more room for growth.

Career path

Path to job

Discover a Business Development Associate's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Business Development Associate typically studied at.
New York University
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Business Development Associate Employees?
Gender ratio in Business Development Associate position: 0.599776329864825 Male and 0.400223670135175 Female. Age ratio in Business Development Associate position: 16-20: 6%, 21-30: 83%, 31-40: 8%, 41-50: 2%, 51-60: 1%, 60+: 0%. Business Development Associate position is predominantly male (60.0%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Business Development AssociateSan Francisco, CA - 9 months ago
Why does it feel like women are always underrepresented in male-dominated fields? Where is the diversity and inclusion we talk about? 👩
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Business Development AssociateMiami, FL - 9 months ago
This is disheartening. We need to promote equal opportunities and empower women to bridge this gender gap. 💪

Workplaces

Who Are the Top Employers for Business Development Associate?
Top employers of Business Development Associate position: Gartner, Iron Mountain Inc, Morgan Stanley. People who work in Business Development Associate position most typically go on to work for the Gartner.
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Business Development AssociateSan Francisco, CA - 9 months ago
Morgan Stanley is a prestigious company, and I would love to work there despite the work-life balance concerns.
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Business Development AssociateBoston, MA - 9 months ago
Iron Mountain Inc may have growth opportunities, but their lack of work-life balance makes it not worth it!
Gartner
Iron Mountain Inc
Morgan Stanley
What Industries Does Business Development Associate Typically Have Experience In?
Industry Background: The most typical industries of Business Development Associate: Information Technology, Professional / Scientific / Technical, Finance & Insurance, Manufacturing, Administrative & Support. Business Development Associate employees most likely come from a Information Technology industry background.
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Business Development AssociateMiami, FL - 9 months ago
Seriously y'all, being a Business Development Associate is frustrating! It's all about hitting targets and meeting deadlines while dealing with constant rejection. 😩
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Business Development AssociateSeattle, WA - 9 months ago
Being a Business Development Associate means you're always hustling and pushing the boundaries. It's a high-pressure job that tests your resilience and adaptability. Let's go! 💯

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Discussion about Business Development Associate

Want to know more about Business Development Associate position?
Share your thoughts and ideas about Business Development Associate position with others in our community.
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What is the women/men ratio in the job of Business Development Associate?
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Sophie Hayes3 years ago
40% are women in this profession.
What is the most common age of a Business Development Associate?
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Liam Brown3 years ago
The typical age is 26.
How much experience do you need to work as a Business Development Associate?
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Isabella Holmes3 years ago
On average, people have 4 years of experience when they start working as a Business Development Associate
Which industries should a Business Development Associate consider working in?
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Sophie Hayes3 years ago
Professional / Scientific / Technical employs the most.
Speaking of higher education, do I need a degree as a Business Development Associate?
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Isabella Holmes3 years ago
A Bachelor of Arts degree could not hurt if you want to be a Business Development Associate
Which company are you working for as a Business Development Associate?
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Sophie Hayes3 years ago
It’s common for a Business Development Associate to work for Gartner, Iron Mountain Inc, Morgan Stanley, Park Place Technologies and Staples Business Advantage
How long do you usually work as a Business Development Associate before changing to another position?
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Isabella Holmes3 years ago
On average people change after 2 years.
Is it frequent for people to switch companies and still work as a Business Development Associate?
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Sophie Hayes3 years ago
a Business Development Associate is not a typical job hopper, but might change companies.
What occupations do people usually work in before becoming a Business Development Associate?
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Sophie Hayes3 years ago
You have a good chance of becoming a Business Development Associate if you are working as Business Developer, Account Executive or Marketing Intern
If I’m working as a Business Development Associate, what next position could I have?
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Liam Brown3 years ago
Working as Business Development Associate consider Business Development Manager, Account Executive or Account Manager as a next step in your career.
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Disclaimer

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