Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between corporate account managers and business relationship 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 corporate account manager and a business relationship manager. Additionally, a corporate account manager has an average salary of $90,069, which is higher than the $87,741 average annual salary of a business relationship manager.
The top three skills for a corporate account manager include healthcare, account management and customer relationships. The most important skills for a business relationship manager are customer service, relationship management, and cash management.
| Corporate Account Manager | Business Relationship Manager | |
| Yearly salary | $90,069 | $87,741 |
| Hourly rate | $43.30 | $42.18 |
| Growth rate | 5% | 17% |
| Number of jobs | 170,741 | 114,003 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A business relationship manager is primarily responsible for improving the relationship between customers and businesses. Typically, it is their responsibility to develop strategies and business plans to strengthen client relationships, address issues and concerns, and perform corrective measures when necessary. There are instances when they have to reach out to clients through calls and correspondence, perform follow-up contacts to offer new services and opportunities, and provide industry advice or consultation. Furthermore, as a manager, it is essential to lead and encourage staff in the joint effort to reach target sales and improve client base.
Corporate account managers and business relationship managers have different pay scales, as shown below.
| Corporate Account Manager | Business Relationship Manager | |
| Average salary | $90,069 | $87,741 |
| Salary range | Between $54,000 And $147,000 | Between $61,000 And $125,000 |
| Highest paying City | Voorhees, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Clean Harbors | AstraZeneca |
| Best paying industry | - | Technology |
There are a few differences between a corporate account manager and a business relationship manager in terms of educational background:
| Corporate Account Manager | Business Relationship Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between corporate account managers' and business relationship managers' demographics:
| Corporate Account Manager | Business Relationship Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 64.6% Female, 35.4% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |