The ability to communicate is extremely important for business development professionals, so be sure to take English and speech classes. Foreign language classes will come in handy if you end up working for a company that does business internationally, and joining the debate club will help you to develop your powers of persuasion. Psychology classes will provide you with an understanding of human behavior. Classes that help you to develop your critical-thinking skills—such as history, philosophy, and social studies—will also be useful. Other important courses include business, economics, marketing, and computer science.
identify future business opportunities by reading industry publications, conducting market research, and meeting with industry analysts and their counterparts at other companies
develop a deep understanding of their industry, how their company fits in the industry, the company’s competitors (their products, services, pricing, marketing strategies, etc.), and their own company’s strengths and weaknesses
after identifying several business development opportunities, use spreadsheets and other methods to determine which opportunities to pursue based on the costs to his or her company and the potential monetary benefits of the partnership or action
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