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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 | Business Account Manager | |
| Yearly salary | $79,860 | $68,498 |
| Hourly rate | $38.39 | $32.93 |
| Growth rate | 4% | 5% |
| Number of jobs | 130,692 | 212,532 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 71% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
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.
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 executives and business account managers have different pay scales, as shown below.
| Major Account Executive | Business Account Manager | |
| Average salary | $79,860 | $68,498 |
| Salary range | Between $52,000 And $121,000 | Between $44,000 And $104,000 |
| Highest paying City | San Francisco, CA | Redmond, WA |
| Highest paying state | California | New Jersey |
| Best paying company | Riverbed Holdings, Inc. | Meta |
| Best paying industry | Utilities | Technology |
There are a few differences between a major account executive and a business account manager in terms of educational background:
| Major Account Executive | Business Account Manager | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between major account executives' and business account managers' demographics:
| Major Account Executive | Business Account Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 73.2% Female, 26.8% | Male, 55.8% Female, 44.2% |
| Race ratio | Black 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 Percentage | 5% | 7% |