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The differences between account directors and business development account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an account director and a business development account manager. Additionally, an account director has an average salary of $114,728, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for an account director include account management, project management and work ethic. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Account Director | Business Development Account Manager | |
| Yearly salary | $114,728 | $99,209 |
| Hourly rate | $55.16 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 132,260 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An account director is responsible for managing client accounts, monitoring budgets, and sales forecasting. Their goal is to maintain stable account management strategies, meet clients' demands, develop healthy professional partnerships that would generate revenues, increase profitability, and achieve the organization's long-term goals objectives. Account directors supervise the account management staff, ensuring the project's successful completion with the highest efficiency and accuracy. An account director also plans training programs to maximize their performance and productivity, especially when dealing with deadlines and clients' requests.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Account directors and business development account managers have different pay scales, as shown below.
| Account Director | Business Development Account Manager | |
| Average salary | $114,728 | $99,209 |
| Salary range | Between $82,000 And $158,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Hampshire |
| Best paying company | BuzzFeed | Meta |
| Best paying industry | Professional | - |
There are a few differences between an account director and a business development account manager in terms of educational background:
| Account Director | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between account directors' and business development account managers' demographics:
| Account Director | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 50.9% Female, 49.1% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |