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The differences between information technology account managers and business account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an information technology account manager and a business account manager. Additionally, an information technology account manager has an average salary of $91,338, which is higher than the $68,498 average annual salary of a business account manager.
The top three skills for an information technology account manager include account management, CRM and business development. The most important skills for a business account manager are customer service, product knowledge, and account management.
| Information Technology Account Manager | Business Account Manager | |
| Yearly salary | $91,338 | $68,498 |
| Hourly rate | $43.91 | $32.93 |
| Growth rate | 5% | 5% |
| Number of jobs | 156,710 | 212,532 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An IT Account Manager works for an IT organization and is responsible for managing a company's relationship with clients. They do a complex range of tasks involving managing the daily flow of customer's accounts and handling both internal and external of the company's relationship with customers towards better service delivery. They play a vital role in the sales and marketing of the organization for understanding the different demands of the customer and achieving these demands to generate revenue for the organization. Moreover, the account manager works closely with the brand manager for a particular account.
Business Account Managers are experienced employees who manage client accounts. Companies usually employ them as distributors, retailers, manufacturers, or any other company with various business partnerships or dealings. They are in charge of managing the company's relationship with a specific client or group. They are the point of contact for these clients regarding requests or concerns related to company products or services. Business account managers ensure that the clients' concerns are properly addressed. They also ensure client loyalty and build harmonious working relationships with their assigned clients.
Information technology account managers and business account managers have different pay scales, as shown below.
| Information Technology Account Manager | Business Account Manager | |
| Average salary | $91,338 | $68,498 |
| Salary range | Between $64,000 And $128,000 | Between $44,000 And $104,000 |
| Highest paying City | Medford, OR | Redmond, WA |
| Highest paying state | Oregon | New Jersey |
| Best paying company | UBS | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between an information technology account manager and a business account manager in terms of educational background:
| Information Technology Account Manager | Business Account Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between information technology account managers' and business account managers' demographics:
| Information Technology Account Manager | Business Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 55.8% Female, 44.2% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |