Business Development Manager Job Overview

When you apply for a Business Development manager position, you must have at least a bachelor's or a master's (preferred) degree in business, marketing or similar field. Apart from that, you should have no less than 6 years relevant experience in business development, or sales or marketing. It would be beneficial if you have undergone advanced studies or possess specialized courses, as it proves to be an asset to your candidature and appreciation towards advancing in your career. Good analytical, communication and strategic thinking skills are also required to perform well as a Business Development Manager.

We prefer internal promotion within the company, particularly within the Business Development department. As a Business Development Manager, you can get promoted to higher management positions or functional divisions such as strategy, or market analysis, or sales administration. Besides, we encourage activities that will develop your skills and boost your knowledge. We guarantee your professional development that you will always grow in your career in our company.

As a Business Development Manager, your key soft skills include listening to the client's needs, presentation of the ideas or services to the client, and negotiation ability to close the deal. Flexibility is essential for addressing the dynamic market environment while teamwork facilitates cooperation with different entities. Problem solving is about being able to approach a problem in a creative manner and emotional intelligence means that you can have better management of people. Also, working on several projects as well as schedules should be appropriate when managing time in order to work efficiently and improve business outcomes.

As a Business Development Manager your main role is to secure new business opportunities with the creation of healthy partnerships with the customers. You must oversee market research, sales strategy generation. If our services are to be aligned with market needs, then it is required to cooperate with cross-functional teams. You should also be measuring performance, reporting to a client, and modifying plans. Effective communication skills, problem solving skills and managing skills are some of the key factors vital for radical change and growth of the business.

The salary for a Business Development Manager ranges from INR 8 lakhs* to INR 20 lakhs* per annum, depending on factors like experience, industry, and location. With over 6 years of experience, you can expect to earn towards the higher end of this range, especially in competitive sectors. Additionally, performance bonuses* and commissions* can significantly enhance total compensation, reflecting your success in driving business growth.

To apply for a Business Development Manager position, consider certifications like Certified Business Development Expert (CBDE), HubSpot's Inbound Sales Certification, or the Strategic Management Performance System (SMPS). Courses in sales, negotiation, and business strategy on platforms like LinkedIn Learning or Coursera can also strengthen your qualifications and help you stand out in the job market.