Business Development Managers are responsible for driving growth within a company. They generate new sales leads, negotiate client pricing, and forecast sales revenue to maximise the company’s profit
Personal Competencies
You like to analyze things (problems/ situations
You enjoy trying to figure out how things work
You like working with numbers or charts
You like to lead
Entry Pathway
1. Complete 10 + 2
2. Complete a Bachelor’s degree (BBA/BBM/BBS) in Marketing, Business or related field
OR Complete a Bachelor’s degree followed by a Master’s degree (MBA) or a PG Diploma in the same or related field
Please check the duration of the course during enrolment
Where will you study?
The courses are offered by the Department of Management. This list of institutes is indicative only A few colleges which offer BBA and MBA:
Government Institutes 1. Jamia Millia Islamia, New Delhi 2. Maharaja Sayajirao University of Baroda 3. Shaheed Sukhdev College of Business Studies, Delhi 4. Indian Maritime University, Kochi Campus 5. Gujarat University, Ahmedabad 6. Doon University, Dehradun 7. University of Delhi 8. Ravenshaw University, Cuttack 9. Government College of Commerce and Business Administration, Chandigarh 10. University of Lucknow
Private Institutes (Please check if Institute is affiliated to the UGC before applying) 1. School of Business, University of Petroleum and Energy Studies, Dehradun 2. School of Management Dr DY Patil University, Pune 3. IBS Business School, Hyderabad 4. VIT Business School, Chennai 5. Jamia Hamdard, New Delhi 6. AIMS Institutes, Bangalore 7. Doon Business School, Uttarakhand 8. Techno India University, Kolkata 9. Hindustan Institute of Technology and Science, West Bengal 10. Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune
The approx. course fee ranges between INR 1,00,000-3,00,000* depending on the type of college
*(The above mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Marketing, Law, Retail, Healthcare, and NGOs among others
Work Environment: It is a desk job. You will not handle a team. Local travel is a part of the job role as you may travel to meet potential clients. You are likely to work more than 40 hours a week.
Opportunities for work exist for differently abled in this field
Expected Growth Path
Business Development Intern → Business Development Coordinator → Business Development Associate → Business Development Specialist → Senior Business Development Specialist → Business Development Manager → Business Development Director
Expected Income
The approx. salary of a Business Development Coordinator ranges between INR 12,000- 76,000* per month.
Sanket Sharma is the Business Development coordinator at Corporate Knights magazine. Before he worked in publishing, Sharma worked in business development for a start-up and in various financial institutions. He has a Bachelor's degree in Management (B.M.S) from the University of Mumbai and is a graduate of Centennial College's Book, Magazine and Electronic Publishing program.*
Business Development Coordinator
NCS Code: NA | GN0091. Complete 10 + 2
2. Complete a Bachelor’s degree (BBA/BBM/BBS) in Marketing, Business or related field
OR Complete a Bachelor’s degree followed by a Master’s degree (MBA) or a PG Diploma in the same or related field
Please check the duration of the course during enrolment
The courses are offered by the Department of Management.
This list of institutes is indicative only
A few colleges which offer BBA and MBA:
Government Institutes
1. Jamia Millia Islamia, New Delhi
2. Maharaja Sayajirao University of Baroda
3. Shaheed Sukhdev College of Business Studies, Delhi
4. Indian Maritime University, Kochi Campus
5. Gujarat University, Ahmedabad
6. Doon University, Dehradun
7. University of Delhi
8. Ravenshaw University, Cuttack
9. Government College of Commerce and Business Administration, Chandigarh
10. University of Lucknow
Private Institutes
(Please check if Institute is affiliated to the UGC before applying)
1. School of Business, University of Petroleum and Energy Studies, Dehradun
2. School of Management Dr DY Patil University, Pune
3. IBS Business School, Hyderabad
4. VIT Business School, Chennai
5. Jamia Hamdard, New Delhi
6. AIMS Institutes, Bangalore
7. Doon Business School, Uttarakhand
8. Techno India University, Kolkata
9. Hindustan Institute of Technology and Science, West Bengal
10. Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune
Information on the institute rankings can be found at - http://www.nirfindia.org/2022/Ranking.html
The approx. course fee ranges between INR 1,00,000-3,00,000* depending on the type of college
*(The above mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Marketing, Law, Retail, Healthcare, and NGOs among others
Work Environment: It is a desk job. You will not handle a team. Local travel is a part of the job role as you may travel to meet potential clients. You are likely to work more than 40 hours a week.
Opportunities for work exist for differently abled in this field
Business Development Intern → Business Development Coordinator → Business Development Associate → Business Development Specialist → Senior Business Development Specialist → Business Development Manager → Business Development Director
The approx. salary of a Business Development Coordinator ranges between INR 12,000- 76,000* per month.
Source: https://www.payscale.com/research/IN/Job=Business_Development_Coordinator/Salary
*The figures are indicative and subject to change
Experts from the field
Sanket Sharma is the Business Development coordinator at Corporate Knights magazine. Before he worked in publishing, Sharma worked in business development for a start-up and in various financial institutions. He has a Bachelor's degree in Management (B.M.S) from the University of Mumbai and is a graduate of Centennial College's Book, Magazine and Electronic Publishing program.*
Source: https://www.corporateknights.com/masthead/
*The above information is for training purposes only and will not be used for any commercial gains.
business development specialist, business development coordinator, business development manager