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The differences between senior business development managers and account development 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 senior business development manager, becoming an account development manager takes usually requires 6-8 years. Additionally, a senior business development manager has an average salary of $129,638, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a senior business development manager include healthcare, cloud and business relationships. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Senior Business Development Manager | Account Development Manager | |
| Yearly salary | $129,638 | $72,375 |
| Hourly rate | $62.33 | $34.80 |
| Growth rate | 10% | 5% |
| Number of jobs | 204,172 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Senior business development managers and account development managers have different pay scales, as shown below.
| Senior Business Development Manager | Account Development Manager | |
| Average salary | $129,638 | $72,375 |
| Salary range | Between $94,000 And $178,000 | Between $43,000 And $120,000 |
| Highest paying City | Seattle, WA | Sacramento, CA |
| Highest paying state | Washington | New York |
| Best paying company | Shearman & Sterling | NVIDIA |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a senior business development manager and an account development manager in terms of educational background:
| Senior Business Development Manager | Account Development Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between senior business development managers' and account development managers' demographics:
| Senior Business Development Manager | Account Development Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 74.8% Female, 25.2% | Male, 61.8% Female, 38.2% |
| 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% |