Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business account managers and corporate 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 a business account manager and a corporate account manager. Additionally, a corporate account manager has an average salary of $90,069, which is higher than the $68,498 average annual salary of a business account manager.
The top three skills for a business account manager include customer service, product knowledge and account management. The most important skills for a corporate account manager are healthcare, account management, and customer relationships.
| Business Account Manager | Corporate Account Manager | |
| Yearly salary | $68,498 | $90,069 |
| Hourly rate | $32.93 | $43.30 |
| Growth rate | 5% | 5% |
| Number of jobs | 212,532 | 170,741 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
The duties of a corporate account manager depend on one's line of work or industry of employment. Typically, they are responsible for building a company's client base by devising strategies to identify market opportunities, reaching out to clients through calls and correspondence, and securing sales by offering products and services. They may also resolve issues and concerns, answer inquiries, process payments, and create billing plans as necessary. Furthermore, as a corporate account manager, it is essential to lead and encourage team members, all while implementing the company's policies and regulations.
Business account managers and corporate account managers have different pay scales, as shown below.
| Business Account Manager | Corporate Account Manager | |
| Average salary | $68,498 | $90,069 |
| Salary range | Between $44,000 And $104,000 | Between $54,000 And $147,000 |
| Highest paying City | Redmond, WA | Voorhees, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Meta | Clean Harbors |
| Best paying industry | Technology | - |
There are a few differences between a business account manager and a corporate account manager in terms of educational background:
| Business Account Manager | Corporate Account Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between business account managers' and corporate account managers' demographics:
| Business Account Manager | Corporate Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 55.8% Female, 44.2% | Male, 63.9% Female, 36.1% |
| 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% |