Career Track: Business Development

Business Development function in any organization requires personnel to perform a mix of activities that ultimately result in a positive impact on the revenue of the organization. Business Development personnel don’t have any typical day and their work can encompass anything from creating marketing / sales pitches, negotiating and reviewing legal contracts, developing and executing a business plan / strategy, financial modeling, and business forecasting.

Business Development personnel are also responsible for managing relationships with existing customers, developing strategic partnerships / alliances with other companies, and gathering intelligence on the competitors. Most business development managers are either in customer facing roles or in roles that support other sales personnel in promoting the company’s products / services.

MBA Entry Level - MBA’s are usually picked up by companies as Business Development Managers. Business Development Managers need to be experienced in their field of business so that they can identify opportunities to promote / sell their products / services.

Requirements – Business Development Managers are expected to have strong analytical skills, deep industry knowledge and understand the needs of their consumers. In terms of personality, Business Development Managers should be extroverted and should be able to create good rapport with diverse set of people. It is essential for Business Development Managers to have great communication skills (written and spoken) and strong presentation skills.

Our team consists of consultants who have carved out a successful career in Business Development. We can help you connect the dots if you are thinking of Business Development as a post-MBA career options.

Questions? Discuss or Contact Us, if you have specific questions about Business Development as a career option.