Business Development Executive

Driving growth and unleashing new opportunities with business development.

About

A Business Development Executive (BDE) is a professional responsible for identifying new business opportunities and generating leads for an organisation. BDEs are responsible for researching and identifying potential new business opportunities for their organisation. They are responsible for building and maintaining relationships with existing clients as well as developing new relationships with potential clients. 

Overall, a Business Development Executive plays a crucial role in driving business growth and revenue for an organisation. By identifying new business opportunities, building and maintaining relationships with clients, developing marketing and sales strategies, negotiating contracts and deals, tracking and analysing sales data along with collaborating with internal teams a BDE can help an organisation achieve its business goals and objectives.

Eligibility

For Bachelor’s

  • The candidates must pass the 10+2 examination with at least a 60% grade from a recognised board.
  • The scholars are suggested to enrol in a Bachelor’s degree in the field of Business Administration, marketing or other related fields. 

 For Masters

  • To become a Business Development Executive, successful graduates must pursue an MBA.

Job Roles

The job roles of a Business Development Executive can vary depending on the organisation as well as industry. However, here are some common job roles along with responsibilities of a Business Development Executive:

  • Area Sales Executive
  • Marketing Executive
  • Regional Sales Manager
  • Relationship Manager
  • Operational Manager
  • Business Analyst
  • Project Executive

Top Recruiters

The top recruiters of Business Development Executive are:

  • Flipkart
  • Axis Bank
  • FCS Software
  • Lodha Group
  • Ample Technologies
  • Vyom Labs

Employment Sector

  • Private Sector
  • Non-profit Sector
  • Government Agencies
  • Education Institutions
  • Startups

Salary

The pay for a business development executive can vary depending on a number of variables including the organisation's size, location, industry as well as years of experience.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx Rs 2,00,000

Mid Level Salary

Approx Rs 6,00,000 

Senior Level Salary

Approx Rs 10, 00,000 

Skills

  • Sales and Marketing Skills
  • Communication Skills
  • Analytical Skills
  • Strategic Thinking
  • Relationship Building
  • Creativity

Scope

The career scope for Business Development Executives can be quite broad and varied with opportunities for growth as well as advancement in a range of industries and sectors. Some potential career paths for Business Development Executives include:

  • Senior Business Development Executive
  • Sales Manager
  • Marketing Manager
  • Entrepreneur
  • Consultant
  • Business Development Director

The career scope for this role is broad and varied with opportunities for growth and advancement in a range of industries and sectors.

Benefits

  • Increased Revenue
  • Improved Market Position
  • Enhanced Brand Image
  • Better Customer Insights
  • Improved Strategic Planning
  • Increased Innovation
  • Greater Business Efficiency

Drawbacks

  • High Cost
  • Risk-Taking
  • Unrealistic Expectations
  • Lack of Understanding
  • Internal Conflict
  • Overemphasis on Sales