A vice president of business development is responsible for setting company sales targets and marketing goals. Their job duties include developing production and sales goals, consulting with management about the overall monetary health of the organization, getting new contracts, and overseeing salespeople. Qualifications to be the VP of business development include a bachelor’s or master’s degree in economics, business, or a related subject, and many years of experience in a sales job. Strong written and verbal communication, leadership, and math skills are useful for this career.