Post job

Major account executive vs business account manager

The differences between major account executives and business account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a major account executive has an average salary of $79,860, which is higher than the $68,498 average annual salary of a business account manager.

The top three skills for a major account executive include healthcare, salesforce and cloud. The most important skills for a business account manager are customer service, product knowledge, and account management.

Major account executive vs business account manager overview

Major Account ExecutiveBusiness Account Manager
Yearly salary$79,860$68,498
Hourly rate$38.39$32.93
Growth rate4%5%
Number of jobs130,692212,532
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 71%
Average age4446
Years of experience-8

What does a major account executive do?

A major account executive is responsible for handling client accounts and ensuring that their project requirements are met accordingly by following budget limitations and timetables. Major account executives determine strategic techniques to improve the client's brand image on the market and record progress based on the project's milestones. They also coordinate with the marketing and sales team to establish efficient campaigns and monitor sales performance. A major account executive conducts data and statistical analysis by evaluating the current market trends to identify opportunities that would generate more revenue resources and increase profitability.

What does a business account manager do?

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.

Major account executive vs business account manager salary

Major account executives and business account managers have different pay scales, as shown below.

Major Account ExecutiveBusiness Account Manager
Average salary$79,860$68,498
Salary rangeBetween $52,000 And $121,000Between $44,000 And $104,000
Highest paying CitySan Francisco, CARedmond, WA
Highest paying stateCaliforniaNew Jersey
Best paying companyRiverbed Holdings, Inc.Meta
Best paying industryUtilitiesTechnology

Differences between major account executive and business account manager education

There are a few differences between a major account executive and a business account manager in terms of educational background:

Major Account ExecutiveBusiness Account Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Major account executive vs business account manager demographics

Here are the differences between major account executives' and business account managers' demographics:

Major Account ExecutiveBusiness Account Manager
Average age4446
Gender ratioMale, 73.2% Female, 26.8%Male, 55.8% Female, 44.2%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.6% White, 67.7% American Indian and Alaska Native, 0.4%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 Percentage5%7%

Differences between major account executive and business account manager duties and responsibilities

Major account executive example responsibilities.

  • Qualify new leads and request site surveys to determine serviceability of prospects, including submission of ROI analysis to sales management.
  • Assign to multiple teams to assess new prospecting tools, CRM's and order entry systems.
  • Utilize various CRM systems to effectively prospect for new business opportunities and track their progress through the sales pipeline.
  • Influence buying-decision by clearly demonstrating the value and strategic business fit of suggest SaaS solutions in impactful, roi-base presentations.
  • Charge with acquiring and maximizing revenue potential of client base applying ROI models and practical understanding of customers' corporate objectives.
  • Develop successful sales and marketing strategies for government, healthcare and education vertical markets.
  • Show more

Business account manager example responsibilities.

  • Generate leads, prepare RFP responses, build relationships, identify business/functional requirements, present technical solutions and negotiate contracts.
  • Add PowerPoint graphical and word text supplemental materials to hold interest and increase memory retention on user trainings.
  • Prepare payroll for the entire company, including responsibility for investigating and resolving issues.
  • Utilize marketing development funds strategically with customers, analyzing ROI before committing more funds.
  • Create numerous technical documentation and user manuals including release memos, system descriptions and extend PowerPoint presentations.
  • Prepare customized corporate contracts/proposals, corporate budgets including conservative ROI, organize and conduct executive level meetings, presentations.
  • Show more

Major account executive vs business account manager skills

Common major account executive skills
  • Healthcare, 10%
  • Salesforce, 9%
  • Cloud, 8%
  • Sales Process, 8%
  • Account Management, 7%
  • Trade Shows, 5%
Common business account manager skills
  • Customer Service, 18%
  • Product Knowledge, 8%
  • Account Management, 6%
  • Financial Statements, 5%
  • Business Sales, 4%
  • PowerPoint, 4%