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Last Updated On 12 May, 2020
Business development executive is a person who is responsible for the growth of the business. The main job of the Business development executive is to find new targets and leads to promote the sales and services of the company or organization. He or she should be capable of finding new strategies to attract new costumers and boosting the business of the organization. Some of the major tasks of the Business development executive are Identifying and qualifying business opportunities, Understanding the needs of the customer and providing services as per his need or requirements, Collaborating with management on sales goals, Building strategies for increasing the sales of the company and Creating and maintaining a list/database of prospect clients.
A good Business development executive must own some computers skills along with the managerial skills so that it can utilize them for the benefits of the organization. Apart from targeting new customers, he also analyses the needs of old clients and provides solutions to them. Companies are always hunting for skilled and qualified Business development executives to provide growth to their business.
Candidates should fulfil the minimum eligibility requirements decided below
Education: Candidates must have cleared a bachelor and master degree in business-related specialization. All companies have different eligibility criteria. Most of the companies prefer candidates with a master degree while due to their advanced skill set.
Experience: Candidates applying for this profile must have 1-3 year work experience in a corporate company. Candidates with some experience would be given preference over those who are new to the industry.
Skills: Since there is a large competition in the job market, having some additional skills is always an advantage. Companies hire candidates who possess some advanced skills so that they can match the standard of the market. Candidates who want to apply for a job as a Business development executive may check some of the skills provided below.
There are many job roles available for a Business Development Executive. Candidates may select any role that suits their interest and skills.
Companies from all the sectors hire Business development executive for business growth. Some of the major areas where a Business development executive may apply for a job are:
Some of the major recruiting companies hiring Business Development Executives are
Salary of the Business Development Executive will depend on the qualifications and experience of the candidate. Candidates may check the salary of the starting level, mid-level and senior-level Business development executive provided below.
Profile | Starting Salary per annum (in INR) | Mid Level Salary per annum (in INR) | Senior Level Salary per annum (INR) |
Business Development Executive | 1,74,000 | 2,98,000 | 5,45,000 |
There are many books available in the market which can help the Business development executives to groom up their skills. Some of the recommendations are listed below
Take our test and find out if it suits your strengths.
