Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between global account executives and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a global account executive has an average salary of $99,669, which is higher than the $85,153 average annual salary of a business development consultant.
The top three skills for a global account executive include cloud, global account and lead generation. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Global Account Executive | Business Development Consultant | |
| Yearly salary | $99,669 | $85,153 |
| Hourly rate | $47.92 | $40.94 |
| Growth rate | - | 6% |
| Number of jobs | 108,124 | 168,111 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A global account executive's role is to communicate with multinational clients, aiming to secure sales and client satisfaction. Among their responsibilities include researching business and client opportunities, reaching out to clients through calls and correspondence, developing sales strategies, and monitoring the progress of all accounts. Moreover, as a global account executive, it is essential to assist clients by identifying and meeting their needs, answering inquiries, and processing their payments. Above all, should there be any issues and concerns, it is essential to resolve them promptly and efficiently.
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Global account executives and business development consultants have different pay scales, as shown below.
| Global Account Executive | Business Development Consultant | |
| Average salary | $99,669 | $85,153 |
| Salary range | Between $38,000 And $259,000 | Between $52,000 And $137,000 |
| Highest paying City | Boston, MA | Minneapolis, MN |
| Highest paying state | Massachusetts | Pennsylvania |
| Best paying company | Pure Storage | Veeva Systems |
| Best paying industry | Start-up | Media |
There are a few differences between a global account executive and a business development consultant in terms of educational background:
| Global Account Executive | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Western Carolina University |
Here are the differences between global account executives' and business development consultants' demographics:
| Global Account Executive | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.7% Female, 35.3% | Male, 64.1% Female, 35.9% |
| Race ratio | Black or African American, 7.1% Unknown, 4.1% Hispanic or Latino, 15.7% Asian, 5.7% White, 67.1% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 5% | 11% |