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Account manager vs business account manager

The differences between account managers and business 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 manager and a business account manager. Additionally, an account manager has an average salary of $68,535, which is higher than the $68,498 average annual salary of a business account manager.

The top three skills for an account manager include customer service, account management and healthcare. The most important skills for a business account manager are customer service, product knowledge, and account management.

Account manager vs business account manager overview

Account ManagerBusiness Account Manager
Yearly salary$68,535$68,498
Hourly rate$32.95$32.93
Growth rate5%5%
Number of jobs152,261212,532
Job satisfaction4-
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does an account manager do?

Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.

What does a business account manager do?

Business Account Managers are experienced employees who manage client accounts. Companies usually employ them as distributors, retailers, manufacturers, or any other company with various business partnerships or dealings. They are in charge of managing the company's relationship with a specific client or group. They are the point of contact for these clients regarding requests or concerns related to company products or services. Business account managers ensure that the clients' concerns are properly addressed. They also ensure client loyalty and build harmonious working relationships with their assigned clients.

Account manager vs business account manager salary

Account managers and business account managers have different pay scales, as shown below.

Account ManagerBusiness Account Manager
Average salary$68,535$68,498
Salary rangeBetween $42,000 And $110,000Between $44,000 And $104,000
Highest paying CitySan Francisco, CARedmond, WA
Highest paying stateWashingtonNew Jersey
Best paying companyNVIDIAMeta
Best paying industryTechnologyTechnology

Differences between account manager and business account manager education

There are a few differences between an account manager and a business account manager in terms of educational background:

Account ManagerBusiness Account Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Account manager vs business account manager demographics

Here are the differences between account managers' and business account managers' demographics:

Account ManagerBusiness Account Manager
Average age4646
Gender ratioMale, 54.8% Female, 45.2%Male, 55.8% Female, 44.2%
Race ratioBlack 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 Percentage7%7%

Differences between account manager and business account manager duties and responsibilities

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
  • Show more

Business account manager example responsibilities.

  • Generate leads, prepare RFP responses, build relationships, identify business/functional requirements, present technical solutions and negotiate contracts.
  • Add PowerPoint graphical and word text supplemental materials to hold interest and increase memory retention on user trainings.
  • Prepare payroll for the entire company, including responsibility for investigating and resolving issues.
  • Utilize marketing development funds strategically with customers, analyzing ROI before committing more funds.
  • Create numerous technical documentation and user manuals including release memos, system descriptions and extend PowerPoint presentations.
  • Prepare customized corporate contracts/proposals, corporate budgets including conservative ROI, organize and conduct executive level meetings, presentations.
  • Show more

Account manager vs business account manager skills

Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%
Common business account manager skills
  • Customer Service, 18%
  • Product Knowledge, 8%
  • Account Management, 6%
  • Financial Statements, 5%
  • Business Sales, 4%
  • PowerPoint, 4%

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