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About Vice President OF Business Development

What does a Vice President OF Business Development do?

As Vice Presidents of Business Development, we are responsible for developing and executing company sales and marketing plans. We implement new ideas and tools for the company and lead the company’s planning to increase sales and company growth. We identify and vet partnership deals and opportunities. Establishing relationships and traveling to business development meetings is one of our main responsibilities. We perform competitor and SWOT analysis. Working as Vice Presidents of Business Development, we manage the business development pipeline and work with the marketing and sales department on key initiatives. We set company sales targets and marketing goals.

Core tasks:

  • develop production and sales goals
  • consult with management teams
  • oversee new contracts and monetary conditions of the company

Insights

How Many Years of Experience Do Professionals Need Before Becoming Vice President OF Business Development?
On average, people work 7+ years in other positions prior to becoming a Vice President OF Business Development.
How Long Do Vice President OF Business Development Employees Typically Stay in Their Roles?
On average, Vice President OF Business Developments works in this position for 3-5 years across multiple employers.
What Is the Job Hopper Score for Vice President OF Business Development Employees?
Moderate job changes in Vice President OF Business Development, showing some career movement without excessive turnover.

Career path

Path to job

How long does a Vice President OF Business Development work in this position across multiple employers?
9 %
Vice President
Avg. length of tenure:5 years
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Discover a Vice President OF Business Development's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Vice President OF Business Development typically studied at.
Harvard Business School
Northwestern University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Vice President OF Business Development Employees?
Gender ratio in Vice President OF Business Development position: 0.811527050901697 Male and 0.188472949098303 Female. Age ratio in Vice President OF Business Development position: 16-20: 2%, 21-30: 19%, 31-40: 36%, 41-50: 29%, 51-60: 12%, 60+: 2%. Vice President OF Business Development position is predominantly male (81.2%) with the largest age group being 31-40 years old, followed by 41-50 years old.

Workplaces

Who Are the Top Employers for Vice President OF Business Development?
Top employers of Vice President OF Business Development position: Bank of America, JPMorgan Chase & Co., MasterCard. People who work in Vice President OF Business Development position most typically go on to work for the Bank of America.
Bank of America
JPMorgan Chase & Co.
MasterCard
What Industries Does Vice President OF Business Development Typically Have Experience In?
Industry Background: The most typical industries of Vice President OF Business Development: Information Technology, Manufacturing, Finance & Insurance, Professional / Scientific / Technical, Administrative & Support. Vice President OF Business Development employees most likely come from a Information Technology industry background.

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Discussion about Vice President OF Business Development

Want to know more about Vice President OF Business Development position?
Share your thoughts and ideas about Vice President OF Business Development position with others in our community.
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Any degrees or certifications needed before applying for a Vice President OF Business Development position?
Will I have a lot of responsibility if I start working as a Vice President OF Business Development?
What kind of experience do I need to get hired as a Vice President OF Business Development?
Is it possible to be a freelancer and work as a Vice President OF Business Development at the same time?
Is the interview process long and complicated?
Is it hard to get a job as a Vice President OF Business Development?
Is the work environment safe for a Vice President OF Business Development?
What typical salary can I expect if I work as a Vice President OF Business Development?
What do people working as a Vice President OF Business Development wear?
Do you see the demand growing for people working as a Vice President OF Business Development?
Which colleges / universities would be the best if I want to be a Vice President OF Business Development?
Do a lot of women work as a Vice President OF Business Development?
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Sophie HayesFebruary 12, 2021
20% are women in this profession only.
How old are people who work as a Vice President OF Business Development?
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Benjamin GardnerFebruary 12, 2021
People working as a Vice President OF Business Development are 39 old on average.
Do I need a lot of experience to be a Vice President OF Business Development?
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Sophie HayesFebruary 12, 2021
7 years of experience is needed on average for a Vice President OF Business Development.
Which industries should a Vice President OF Business Development consider working in?
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Benjamin GardnerFebruary 12, 2021
Most typically work in the Manufacturing industry.
Speaking of higher education, do I need a degree as a Vice President OF Business Development?
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Liam BrownFebruary 12, 2021
Most people have a Bachelor of Science degree
Which company employs the most people in the Vice President OF Business Development role?
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Sophie HayesFebruary 12, 2021
It’s common for a Vice President OF Business Development to work for Bank of America, JPMorgan Chase & Co., MasterCard, UnitedHealth Group and Wells Fargo
How many years of experience as a Vice President OF Business Development is needed in average to switch to another position?
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Sophie HayesFebruary 12, 2021
On average people change after 4 years.
Is it frequent for people to switch companies and still work as a Vice President OF Business Development?
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Sophie HayesFebruary 12, 2021
a Vice President OF Business Development is not a typical job hopper, but might change companies.
What do people usually work as before switching to Vice President OF Business Development?
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Liam BrownFebruary 12, 2021
You have a good chance of becoming a Vice President OF Business Development if you are working as Director OF Business Development, Vice President or VP Sales
What are the typical next steps for someone working as a Vice President OF Business Development?
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Isabella HolmesFebruary 12, 2021
Consider the following: Vice President, VP Sales or Director OF Business Development
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