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The differences between business development directors and business development account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business development director, becoming a business development account manager takes usually requires 6-8 years. Additionally, a business development director has an average salary of $117,784, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Business Development Director | Business Development Account Manager | |
| Yearly salary | $117,784 | $99,209 |
| Hourly rate | $56.63 | $47.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 153,601 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
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.
Business development directors and business development account managers have different pay scales, as shown below.
| Business Development Director | Business Development Account Manager | |
| Average salary | $117,784 | $99,209 |
| Salary range | Between $72,000 And $192,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Mexico | New Hampshire |
| Best paying company | alliantgroup | Meta |
| Best paying industry | Finance | - |
There are a few differences between a business development director and a business development account manager in terms of educational background:
| Business Development Director | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between business development directors' and business development account managers' demographics:
| Business Development Director | Business Development Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% 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 | 10% | 7% |