Business development managers are responsible for driving business growth by developing contacts, identifying market opportunities and increasing sales.
- Newly trained business development managers can earn in the region of £18,000-£30,000
- Trained with experience business development managers can earn in the region of £27,000-£45,000
- Senior, chartered or master business development managers can earn in the region of £50,000-£70,000
Salaries typically depend on location, employer and level of responsibility.
Qualifications and Training
There are no formal academic qualifications necessary to get into business development management but the role does require a good standard of numeracy and literacy.
So anyone considering this as a career should aim for GCSE Maths and English grade C (or their equivalent, such as the Welsh Baccalaureate or Scottish Nationals) as a minimum.
In terms of further education, a degree or equivalent in subjects such as finance, marketing or business management would certainly be an asset.