Top 11 Business Development Coordinator Certifications
Updated 18 min read
Certifications are important for business development coordinators in the job market because they demonstrate a level of expertise and knowledge that employers look for when hiring. Certifications allow a potential employee to stand out from the competition and show that they have taken the time and effort to gain additional skills and knowledge related to their career field. Certifications also provide employers with assurance that the employee is qualified to perform tasks related to their job role, allowing them to confidently hire without having to worry about whether or not the candidate has the necessary skills and abilities. Additionally, certifications can help open up opportunities for advancement within an organization as they demonstrate an individual's commitment to professional growth and development.
The purpose of this article is to review some of the top certifications for Business Development Coordinators and explain how they can help enhance a business development coordinator's career.
What are Business Development Coordinator Certifications?
Business Development Coordinator Certification is a professional certification program designed to give individuals the skills and knowledge they need to become successful business development coordinators. This certification program provides an understanding of the principles, processes, tools and techniques used in business development coordination. It also covers topics such as customer service, project management, problem solving, marketing, negotiation and communication.
The Business Development Coordinator Certification helps individuals develop their knowledge and skills in this field. It provides the opportunity to gain a deeper understanding of how businesses operate and how to effectively coordinate various aspects of a company’s operations. The certification can help individuals become more effective in their roles as business development coordinators by providing them with the necessary skills for successful business development coordination. Individuals who complete this certification will be better equipped to assess opportunities, develop strategies, manage projects and lead teams that can bring success to any organization.
In addition to increasing one's knowledge of business development coordination principles and practices, this certification also provides an opportunity for individuals to demonstrate their expertise in this area through a portfolio or resume that showcases their accomplishments. Those who possess Business Development Coordinator Certification may find themselves in high demand among potential employers looking for qualified personnel with specialized expertise in this field.
Pro Tip: If you are looking to become a certified Business Development Coordinator, be sure to look for certifications that focus on the specific skills and knowledge required for the role. Additionally, consider taking courses in areas such as project management, sales and marketing, customer service and communication to ensure you have the necessary skills to succeed.
Related: What does a Business Development Coordinator do?
Top 11 Business Development Coordinator Certifications
Here’s our list of the best certifications available to Business Development Coordinators today.
1. Certified Professional Business Development Coordinator (CPBDC)
Certified Professional Business Development Coordinator (CPBDC) is a professional certification program designed to help individuals develop the skills and knowledge needed to become successful business development coordinators. CPBDC certification is offered by the National Business Development Association (NBDA).
The CPBDC program consists of four courses: Introduction to Business Development, Strategic Planning, Sales and Marketing, and Financial Analysis. The courses are designed to provide business development professionals with the knowledge and practical skills necessary to identify and evaluate opportunities for growth, develop effective strategies for growth, negotiate contracts, and manage projects.
It typically takes 3-6 months to complete the CPBDC program depending on how much time you can dedicate each week. To get certified, you must pass all four courses with a minimum score of 80%.
The cost of the CPBDC program varies depending on where you take it. Generally speaking, it costs around $2,000 USD for all four courses combined.
2. Certified Business Development Manager (CBDM)
Certified Business Development Manager (CBDM) is a professional certification program designed to recognize individuals who have demonstrated expertise in business development, marketing and sales. The CBDM certification is offered by the International Association of Business Development Professionals (IABDP).
The CBDM certification program consists of two parts: a written exam and an oral examination. The written exam covers topics such as business development strategy, market analysis, customer segmentation, product/service positioning, pricing strategies, sales processes, and online marketing. The oral examination focuses on the candidate’s ability to apply these concepts in real-world scenarios.
It typically takes about six months to complete the CBDM certification program. This includes studying for the written exam and preparing for the oral examination. Candidates must also submit a portfolio of their work that demonstrates their knowledge and skills in business development.
The cost of obtaining the CBDM certification varies depending on where you take it. Generally speaking, it can range from $500-$1000 USD depending on the provider.
In order to obtain the CBDM certification, candidates must pass both the written and oral exams with a score of 70% or higher. Once certified, individuals will be able to demonstrate their expertise in business development and gain recognition within their industry as well as potential employers.
3. Certified Business Development Executive (CBDE)
Certified Business Development Executive (CBDE) is a professional certification program offered by the International Association of Business Development Executives (IABDE). The CBDE certification is designed to recognize and validate the knowledge, skills, and abilities of business development professionals. It is an industry-recognized credential that demonstrates a commitment to excellence in the field of business development.
The CBDE certification program consists of three levels: Certified Business Development Executive (CBDE), Senior Certified Business Development Executive (SCBDE), and Master Certified Business Development Executive (MCBDE). Each level requires a different set of qualifications and experience.
To obtain the CBDE certification, applicants must have at least three years of professional experience in business development or related fields. They must also pass a comprehensive exam that covers topics such as marketing, sales, finance, strategy, operations, and customer service. The exam consists of multiple-choice questions and can take up to four hours to complete.
The cost for the CBDE certification varies depending on the level you are seeking. The cost for the Certified Business Development Executive level is $495 USD; for Senior Certified Business Development Executive it is $795 USD; and for Master Certified Business Development Executive it is $995 USD.
Once all requirements have been met, applicants will receive their official CBDE certificate within 4-6 weeks after passing the exam.
4. Certified Business Development Analyst (CBDA)
Certified Business Development Analyst (CBDA) is a professional certification program designed to help business professionals develop and improve their skills in business development, sales, marketing, and operations. The CBDA program focuses on teaching individuals the best practices for developing and managing successful businesses.
The CBDA program consists of three levels: Professional, Advanced, and Master. It takes approximately one year to complete all three levels. To get certified, you must pass an exam at each level. The exams are administered by the American Marketing Association (AMA).
The cost of the CBDA program depends on which level you are taking. The Professional level costs $375; the Advanced level costs $450; and the Master level costs $525. All fees include registration materials and access to online study resources.
To register for the CBDA program, you must first create an account with AMA. Once your account is created, you can purchase the appropriate exam package for your desired level of certification. After completing your purchase, you will receive instructions on how to access the exam content and schedule your exam date.
5. Certified Sales and Marketing Professional (CSMP)
Certified Sales and Marketing Professional (CSMP) is a professional certification program that provides individuals with the knowledge and skills necessary to become successful sales and marketing professionals. The CSMP certification is offered by the American Marketing Association (AMA).
The CSMP program consists of four courses, which must be completed within two years. The courses cover topics such as sales strategy, customer service, marketing fundamentals, and digital marketing. Each course requires approximately 30 hours of study time.
To get the CSMP certification, individuals must pass an exam administered by the AMA. The exam consists of multiple-choice questions covering all four courses. Individuals must also complete a capstone project demonstrating their mastery of the material covered in the courses.
The cost for the CSMP program varies depending on whether you are an AMA member or non-member. For AMA members, it costs $1,495 for all four courses and exams; for non-members, it costs $2,295 for all four courses and exams.
6. Certified International Business Development Professional (CIBDP)
Certified International Business Development Professional (CIBDP) is a certification program designed to recognize the knowledge and skills of professionals in the field of international business development. The CIBDP certification is offered by the Association of International Business Development Professionals (AIBDP), an independent, non-profit organization dedicated to advancing the profession of international business development.
The CIBDP certification program consists of two parts: a written examination and a practical assessment. The written exam covers topics such as global marketing, international finance, foreign trade regulations, and cross-cultural communication. The practical assessment involves completing a project that demonstrates knowledge and skills in international business development.
It typically takes between six months to one year to complete the CIBDP certification program. To become certified, candidates must first pass the written exam with a score of 70% or higher. Once they have passed the exam, they must then submit their project for review by AIBDP’s Certification Board. If approved, they will be awarded the CIBDP designation.
The cost for taking the CIBDP certification program varies depending on which country you are located in and whether you are taking it online or in person. Generally speaking, it can range from $500-$1,000 USD for online courses and up to $2,500 USD for in-person courses.
7. Certified Strategic Planning and Execution Professional (CSPEP)
Certified Strategic Planning and Execution Professional (CSPEP) is a certification program offered by the American Society for Quality (ASQ). It is designed to help professionals in the strategic planning and execution fields to develop and demonstrate their knowledge, skills, and abilities.
The CSPEP certification requires applicants to have a minimum of three years of experience in strategy planning or execution. Applicants must also pass an exam that covers topics such as strategic planning, execution, risk management, and project management. The exam consists of multiple-choice questions and takes approximately four hours to complete.
To get the CSPEP certification, applicants must first submit an application to ASQ. After submitting the application, applicants will be required to pay a fee which varies depending on the type of certification they are applying for. The fee includes the cost of the exam as well as any other materials needed for completion. Once all requirements are met, applicants can take the exam at an approved testing center.
The cost of getting CSPEP certified depends on several factors such as location and type of certification being applied for. Generally speaking, it can cost anywhere from $500-$1000 USD depending on these factors.
8. Certified Project Management Professional (PMP)
Certified Project Management Professional (PMP) is a professional certification offered by the Project Management Institute (PMI). It is the most widely recognized and respected project management credential in the world. The PMP certification demonstrates an individual’s knowledge, experience, and competency in leading and directing projects.
It typically takes between 6-12 months to prepare for the PMP exam. To qualify for the exam, you must have either a secondary degree (high school diploma, associate’s degree or global equivalent) plus at least 5 years of project management experience with 7,500 hours leading and directing projects, OR a four-year degree plus at least 3 years of project management experience with 4,500 hours leading and directing projects.
To get your PMP certification you must:
1. Create a PMI account
2. Submit an application to take the PMP exam
3. Pay the application fee
4. Pass an audit of your work experience
5. Take and pass the PMP Exam
6. Receive your PMP Certification
The cost of taking the exam varies depending on whether or not you are a member of PMI; members pay $405 while non-members pay $555.
9. Certified Business Process Improvement Specialist (CBPI)
A Certified Business Process Improvement Specialist (CBPI) is a professional who has been certified by the International Association of Six Sigma Certification (IASSC) as having the knowledge and skills to successfully analyze, design, implement and maintain business process improvement initiatives. The certification requires passing an exam that covers topics such as Lean Six Sigma methodology, project management, process improvement tools and techniques, problem solving methods, data analysis and more.
The CBPI certification requires a minimum of three years of experience in business process improvement or related fields. Candidates must also demonstrate an understanding of the IASSC Body of Knowledge for the CBPI certification.
To obtain the CBPI certification, candidates must first register for the exam through the IASSC website and pay a fee of $495. Once registered, candidates have 90 days to complete the online exam which consists of multiple-choice questions covering the topics listed above. Candidates must achieve a score of 70% or higher on the exam in order to be awarded their CBPI certification.
Once certified, CBPIs can use their credentials to demonstrate their expertise in business process improvement and increase their employability in this field.
10. Certified Lean Six Sigma Green Belt Practitioner (CLSSGBP)
Certified Lean Six Sigma Green Belt Practitioner (CLSSGBP) is a professional certification program designed to help individuals develop the skills and knowledge necessary to effectively lead and manage Lean Six Sigma projects. The program focuses on developing an understanding of the Lean Six Sigma methodology, including its tools and techniques, and how to apply them in order to improve processes and reduce costs.
The CLSSGBP program typically takes around four months to complete. It consists of three parts: self-study, classroom instruction, and a final exam. During the self-study portion, students must read and understand the material provided by their training provider. Classroom instruction provides an opportunity for students to ask questions and practice applying the concepts they learned during self-study. Finally, students must pass a final exam in order to become certified.
In order to get certified as a CLSSGBP, individuals must successfully complete a training course offered by an accredited provider. There are many providers offering courses online or in person; however, it is important to ensure that the provider is accredited by the International Association for Six Sigma Certification (IASSC).
The cost of becoming certified as a CLSSGBP varies depending on the provider chosen; however, most courses range from $1,500 - $3,000 USD.
11. Certified Business Analysis Professional (CBAP)
Certified Business Analysis Professional (CBAP) is a professional certification offered by the International Institute of Business Analysis (IIBA). It is designed to recognize business analysis professionals who have demonstrated their knowledge, skills and abilities in the field. CBAP certifies individuals as competent in the principles and practices of business analysis.
The CBAP certification exam consists of 150 multiple-choice questions that must be completed within four hours. The exam covers topics such as requirements management and communication, enterprise analysis, solution assessment and validation, planning and monitoring, and strategy analysis.
To become certified as a CBAP, you must meet certain eligibility criteria such as having at least 7500 hours of business analysis experience over the past 10 years, or 3500 hours if you also hold a post-secondary degree in a related field. You must also complete 21 hours of professional development activities within the past 4 years prior to applying for certification.
The cost of becoming certified as a CBAP is $325 USD for IIBA members and $450 USD for non-members. Additionally, there are fees associated with taking the exam ($250 USD for IIBA members and $400 USD for non-members).
Do You Really Need a Business Development Coordinator Certificate?
The answer to this question depends on the individual and their particular goals. If a person is looking for a job in the business development field, then having a Business Development Coordinator Certificate could be beneficial. It can show employers that the individual has taken the time and effort to obtain additional training and education related to this field. Having such a certificate may also give an individual an edge over other candidates who do not have one.
On the other hand, if a person already has sufficient experience in the business development field, then they may not need to obtain such a certificate. Employers may look more favorably upon experience and relevant skills rather than formal education or certificates.
Ultimately, it is up to the individual to decide whether or not obtaining a Business Development Coordinator Certificate is necessary for them. They should consider their current level of knowledge and skills related to this field, as well as their career goals when making this decision.
Related: Business Development Coordinator Resume Examples
FAQs About Business Development Coordinator Certifications
1. What is a Business Development Coordinator Certification?
A Business Development Coordinator Certification is a professional certification that recognizes an individual’s knowledge and skills in the field of business development. This certification verifies that the holder has a deep understanding of the strategies, processes and technologies related to business development.
2. Who should pursue this certification?
The certification is suitable for professionals who are interested in pursuing a career in business development or those who already have experience in this field but want to demonstrate their expertise. It is also beneficial for employers, as it helps them identify qualified candidates for business development roles.
3. How do I get certified?
In order to become certified, you must pass an exam administered by an accredited organization such as the International Association of Business Development Professionals (IABDP). The exam consists of multiple-choice and essay questions covering topics such as marketing, sales, customer service and technology.
4. What are the benefits of having a Business Development Coordinator Certification?
Having this certification demonstrates your commitment to your profession and can help you stand out from other applicants when applying for jobs or promotions. Additionally, it can help employers identify qualified candidates for business development roles, which can lead to increased productivity within their organizations.
5. How long does it take to complete the certification process?
The amount of time required depends on how much preparation you do beforehand and how quickly you are able to study and understand the material presented on the exam. Generally speaking, most people are able to complete the process within three months if they dedicate sufficient time each day towards studying and preparing for the exam.