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The differences between global account directors and business development directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a global account director, becoming a business development director takes usually requires 8-10 years. Additionally, a global account director has an average salary of $123,659, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a global account director include account management, global account and business development. The most important skills for a business development director are healthcare, CRM, and patients.
| Global Account Director | Business Development Director | |
| Yearly salary | $123,659 | $117,784 |
| Hourly rate | $59.45 | $56.63 |
| Growth rate | 5% | 10% |
| Number of jobs | 116,643 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
Global account managers are executive professionals who manage global staff in work and design procedures to generate profitable sales in existing and new business accounts of an organization. These managers must analyze the requirements of all their customers so that they can develop solutions and provide assistance to a variety of services and products. They must maintain relationships with key customers while preparing market strategies to enhance growth. Global account managers must also update their knowledge on all new technology in business by participating in various industry events and conferences.
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
Global account directors and business development directors have different pay scales, as shown below.
| Global Account Director | Business Development Director | |
| Average salary | $123,659 | $117,784 |
| Salary range | Between $89,000 And $170,000 | Between $72,000 And $192,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | New Mexico |
| Best paying company | PayPal | alliantgroup |
| Best paying industry | Media | Finance |
There are a few differences between a global account director and a business development director in terms of educational background:
| Global Account Director | Business Development Director | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between global account directors' and business development directors' demographics:
| Global Account Director | Business Development Director | |
| Average age | 46 | 39 |
| Gender ratio | Male, 70.5% Female, 29.5% | Male, 72.3% Female, 27.7% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 10% |