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The differences between group account directors and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a group account director and a business development manager. Additionally, a group account director has an average salary of $131,655, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a group account director include digital marketing, integrated marketing and account management. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Group Account Director | Business Development Manager | |
| Yearly salary | $131,655 | $100,769 |
| Hourly rate | $63.30 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 112,122 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Typically working at a company's accounting department, a group account director is primarily in charge of leading accounting teams and managing client accounts, ensuring efficiency in operations and client satisfaction. Among their responsibilities include developing and spearheading accounting programs and projects, resolving issues, and maintaining positive relationships with clients by providing them with advice in establishing objectives. Furthermore, a group account director must set goals and guidelines, encouraging the workforce to meet them while implementing the company's policies and regulations.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Group account directors and business development managers have different pay scales, as shown below.
| Group Account Director | Business Development Manager | |
| Average salary | $131,655 | $100,769 |
| Salary range | Between $85,000 And $202,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Sanofi US | Shearman & Sterling |
| Best paying industry | - | Finance |
There are a few differences between a group account director and a business development manager in terms of educational background:
| Group Account Director | Business Development Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between group account directors' and business development managers' demographics:
| Group Account Director | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 53.4% Female, 46.6% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |