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Business executive vs business account manager

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 vs business account manager overview

Business ExecutiveBusiness Account Manager
Yearly salary$63,101$68,498
Hourly rate$30.34$32.93
Growth rate6%5%
Number of jobs138,097212,532
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Average age4446
Years of experience68

What does a business executive do?

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.

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.

Business executive vs business account manager salary

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

Business ExecutiveBusiness Account Manager
Average salary$63,101$68,498
Salary rangeBetween $29,000 And $135,000Between $44,000 And $104,000
Highest paying CityAlbany, NYRedmond, WA
Highest paying stateNew YorkNew Jersey
Best paying companyThe Walt Disney CompanyMeta
Best paying industry-Technology

Differences between business executive and business account manager education

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

Business ExecutiveBusiness Account Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Business executive vs business account manager demographics

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

Business ExecutiveBusiness Account Manager
Average age4446
Gender ratioMale, 59.9% Female, 40.1%Male, 55.8% Female, 44.2%
Race ratioBlack 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 Percentage10%7%

Differences between business executive and business account manager duties and responsibilities

Business executive example responsibilities.

  • Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.
  • Consult with businesses to supply accurate product and service information in healthcare territory.
  • Utilize visualization techniques, forecasting, modeling, statistical analysis, and predictive analytics to design and maintain internal business solutions.
  • Require extensive knowledge of trusts, annuities, mutual funds, stocks, capital markets and mortgages.

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

Business executive vs business account manager skills

Common business executive skills
  • Customer Service, 22%
  • Customer Satisfaction, 12%
  • Revenue Growth, 10%
  • Emerging Technologies, 8%
  • Healthcare, 5%
  • Business Development, 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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