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The differences between directors, global business development 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 director, global business development, becoming a business development account manager takes usually requires 6-8 years. Additionally, a director, global business development has an average salary of $135,899, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a director, global business development include R, business strategy and global business development. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Director, Global Business Development | Business Development Account Manager | |
| Yearly salary | $135,899 | $99,209 |
| Hourly rate | $65.34 | $47.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 134,226 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
Global business development directors take responsibility to prepare and deliver global business development strategy incorporating and guiding business development work. The directors establish, coordinate, and enforce plans to increase business and get new opportunities. Their job involves strategic marketing and business operations planning along with those in the top management. They set objectives and determine methods in reaching corporate goals.
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.
Directors, global business development and business development account managers have different pay scales, as shown below.
| Director, Global Business Development | Business Development Account Manager | |
| Average salary | $135,899 | $99,209 |
| Salary range | Between $96,000 And $192,000 | Between $57,000 And $170,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | New Hampshire |
| Best paying company | Barclays | Meta |
| Best paying industry | Finance | - |
There are a few differences between a director, global business development and a business development account manager in terms of educational background:
| Director, Global Business Development | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between directors, global business development' and business development account managers' demographics:
| Director, Global Business Development | Business Development Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 78.7% Female, 21.3% | 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% |