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The differences between corporate development directors and account development 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 corporate development director, becoming an account development manager takes usually requires 6-8 years. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Corporate Development Director | Account Development Manager | |
| Yearly salary | $159,614 | $72,375 |
| Hourly rate | $76.74 | $34.80 |
| Growth rate | 10% | 5% |
| Number of jobs | 95,421 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Corporate development directors and account development managers have different pay scales, as shown below.
| Corporate Development Director | Account Development Manager | |
| Average salary | $159,614 | $72,375 |
| Salary range | Between $110,000 And $230,000 | Between $43,000 And $120,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | Rhode Island | New York |
| Best paying company | Mayo Clinic | NVIDIA |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a corporate development director and an account development manager in terms of educational background:
| Corporate Development Director | Account Development Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between corporate development directors' and account development managers' demographics:
| Corporate Development Director | Account Development Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 61.8% Female, 38.2% |
| 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% |