The average salary for a Business Development Analyst is $62,022.
Business Development Analyst by
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What Do Business Development Analysts Do?
The business development analyst is responsible for supporting their organization's core business through research, analysis, and recommendation of new business initiatives. They are also responsible for the research and recommendation of processes that will help support the growth of the organization’s current product and service offerings. Additionally, a business development analyst also evaluates and analyzes all current processes and provides recommendations on improvements that can be made…Read more
Business Development Analyst Tasks
- Quantifies business intelligence with economic models to evaluate new opportunities; presents findings clearly and makes recommendations for action.
- Assists with core business development activities, such as generating pitch decks and communicating with clients and competitors to better understand business trends.
- Seeks out new market insights and business opportunities through research and analysis.
Job Satisfaction for Business Development Analyst
Popular Employer Salaries for Business Development Analyst
The top respondents for the job title Business Development Analyst are from the companies Lockheed Martin Corp, BAE Systems Inc. and Chenega Corporation. Reported salaries are highest at Lockheed Martin Corp where the average pay is $85,260. Other companies that offer high salaries for this role include BAE Systems Inc., earning around $80,334. Meyer Corporation pays the lowest at around $50,351. Chenega Corporation also pays on the lower end of the scale, paying $60,000.
Explore the most common career paths for Business Development Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Business Development Analyst
Business Development Manager
Somewhat common (8 - 20%)
Business Development Analyst Job Listings
What Are Popular Skills for Business Development Analysts?
Skills in Business Development, Data Analysis, Business Analysis and Market Research are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
What is the Pay by Experience Level for Business Development Analysts?
An entry-level Business Development Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $53,283 based on 76 salaries. An early career Business Development Analyst with 1-4 years of experience earns an average total compensation of $61,300 based on 510 salaries. A mid-career Business Development Analyst with 5-9 years of experience earns an average total compensation of $71,744 based on 115 salaries. An experienced Business Development Analyst with 10-19 years of experience earns an average total compensation of $81,594 based on 68 salaries. In their late career (20 years and higher), employees earn an average total compensation of $85,000.
Pay Difference by Location
Employees with Business Development Analyst in their job title in San Francisco, California earn an average of 13.0% more than the national average. These job titles also find higher than average salaries in Houston, Texas (10.5% more) and Los Angeles, California (7.9% more). The lowest salaries can be found in Atlanta, Georgia (12.8% less) and Washington, District of Columbia (6.4% less).
Years of Experience
This data is based on 787 survey responses.