How to Become a Business Development Manager

culled from:wikihow.com

Business development managers work with companies to develop, expand and generate new business opportunities. Responsibilities for those working within this industry may vary depending on the type of company and the business services and products provided. Generalized tasks may include marketing, product development and distribution, writing contract proposals and presentations and meeting with potential new clients. Although there are no specific requirements for successfully entering the field, becoming a business development manager requires developed capabilities in the areas of business administration, economics and finance as well as strong communications and negotiating skills. Here are some helpful tips on how to become a business development manager.

Steps

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Conduct some initial research on the field of business development if you have no experience obtained through past jobs or education. This is important so that you can learn more about the focus of the industry to assess your own capabilities and background in determining what training you may need.

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   Realize that core aptitude requirements to become a successful business development manager include excellent interpersonal skills as the position entails regular contact with potential and existing clients. This type of work requires strong public relations and presentation skills.
   • Job functions as a business development manager can include responsibilities in overseeing the work of fellow employees. A typical workday may entail some level of human resource duties such as conducting training sessions and workshops.
   • Working as a business development manager demands strong organizational skills and analytical abilities in addition to leadership skills. The field requires extensive knowledge and familiarity in how business operations work and to be able to understand, analyze and develop business strategies when working with clients.
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   Recognize that working as a business development manager may require considerable overtime including extended hours working into the evening and on weekends. There is often frequent travel involved in this type of work so take this into consideration in relation to your lifestyle and personal responsibilities.
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   Consider getting a college degree in preparation for becoming a business development manager. Possible programs include either a Bachelor of Science in Business Development or a Bachelor of Science in Business Administration. A more advanced option includes getting a Master's Degree in Business Administration, also known as an MBA.
   • Complete an internship if you are currently already a college student preparing for a career as a business development manager. Meet with your academic advisor to make the formal arrangements or you may contact several companies yourself to explore your options.
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   Register with a professional association online that caters to the business development industry. You will be provided with access to a variety of valuable industry tools and resources that will assist you while you are looking for a position.
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   Visit job fairs if you have already graduated from college and have obtained your degree in preparation for becoming a business development manager. Network with others already working within the field to make new contacts and to possibly arrange job interviews.
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   Explore the many online job boards and browse through available openings for a position as a business development manager. Job boards also provide you with the option of creating a personal profile and uploading your resume to make yourself more visible to potential employers.