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The differences between managers, account executive and business development 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 a manager, account executive and a business development account manager. Additionally, a business development account manager has an average salary of $99,209, which is higher than the $67,275 average annual salary of a manager, account executive.
The top three skills for a manager, account executive include business development, revenue growth and sales process. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Manager, Account Executive | Business Development Account Manager | |
| Yearly salary | $67,275 | $99,209 |
| Hourly rate | $32.34 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 191,240 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An account executive manager is responsible for handling client accounts and leading the account management procedures to promote the client's brand image in the market and maintain the highest satisfaction. Account executive managers work with the marketing and sales team to identify sales and promotional strategies that would increase revenues and product profits. They also review the current market trends to develop business opportunities according to client needs and public demands. An account executive manager coordinates with the clients for regular updates and informs them of business plan adjustments as needed.
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.
Managers, account executive and business development account managers have different pay scales, as shown below.
| Manager, Account Executive | Business Development Account Manager | |
| Average salary | $67,275 | $99,209 |
| Salary range | Between $38,000 And $117,000 | Between $57,000 And $170,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New Hampshire |
| Best paying company | AbbVie | Meta |
| Best paying industry | Technology | - |
There are a few differences between a manager, account executive and a business development account manager in terms of educational background:
| Manager, Account Executive | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between managers, account executive' and business development account managers' demographics:
| Manager, Account Executive | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.1% Female, 42.9% | Male, 62.4% Female, 37.6% |
| 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% |