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The differences between heads of 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 head of business development, becoming a business development account manager takes usually requires 6-8 years. Additionally, a head of business development has an average salary of $134,190, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a head of business development include cloud, C++ and project management. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Head Of Business Development | Business Development Account Manager | |
| Yearly salary | $134,190 | $99,209 |
| Hourly rate | $64.51 | $47.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 158,539 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
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.
Heads of business development and business development account managers have different pay scales, as shown below.
| Head Of Business Development | Business Development Account Manager | |
| Average salary | $134,190 | $99,209 |
| Salary range | Between $94,000 And $191,000 | Between $57,000 And $170,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | New Hampshire |
| Best paying company | Meta | Meta |
| Best paying industry | Telecommunication | - |
There are a few differences between a head of business development and a business development account manager in terms of educational background:
| Head Of Business Development | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between heads of business development' and business development account managers' demographics:
| Head Of Business Development | Business Development Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 74.2% Female, 25.8% | 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% |