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The differences between business executives and business account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business executive, becoming a business account manager takes usually requires 6-8 years. Additionally, a business account manager has an average salary of $68,498, which is higher than the $63,101 average annual salary of a business executive.
The top three skills for a business executive include customer service, customer satisfaction and revenue growth. The most important skills for a business account manager are customer service, product knowledge, and account management.
| Business Executive | Business Account Manager | |
| Yearly salary | $63,101 | $68,498 |
| Hourly rate | $30.34 | $32.93 |
| Growth rate | 6% | 5% |
| Number of jobs | 138,097 | 212,532 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Average age | 44 | 46 |
| Years of experience | 6 | 8 |
The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.
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.
Business executives and business account managers have different pay scales, as shown below.
| Business Executive | Business Account Manager | |
| Average salary | $63,101 | $68,498 |
| Salary range | Between $29,000 And $135,000 | Between $44,000 And $104,000 |
| Highest paying City | Albany, NY | Redmond, WA |
| Highest paying state | New York | New Jersey |
| Best paying company | The Walt Disney Company | Meta |
| Best paying industry | - | Technology |
There are a few differences between a business executive and a business account manager in terms of educational background:
| Business Executive | Business Account Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between business executives' and business account managers' demographics:
| Business Executive | Business Account Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 55.8% Female, 44.2% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |