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The differences between senior business development managers and senior account 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 a senior account 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 $86,129 average annual salary of a senior account manager.
The top three skills for a senior business development manager include healthcare, cloud and business relationships. The most important skills for a senior account manager are customer service, account management, and project management.
| Senior Business Development Manager | Senior Account Manager | |
| Yearly salary | $129,638 | $86,129 |
| Hourly rate | $62.33 | $41.41 |
| Growth rate | 10% | 5% |
| Number of jobs | 204,172 | 161,354 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 77% |
| 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.
A senior account manager is in charge of managing and overseeing accounts in sales work, ensuring to meet all sales targets. Among the tasks of a senior account manager includes taking the lead and supervising workforce to its efficiency, devising strategies, and coming up with new opportunities to boost sales and strengthen client base. Moreover, it is also the task of a senior account manager to engage with clients, focusing on networking to attain better deals.
Senior business development managers and senior account managers have different pay scales, as shown below.
| Senior Business Development Manager | Senior Account Manager | |
| Average salary | $129,638 | $86,129 |
| Salary range | Between $94,000 And $178,000 | Between $57,000 And $128,000 |
| Highest paying City | Seattle, WA | Richmond, VA |
| Highest paying state | Washington | New Jersey |
| Best paying company | Shearman & Sterling | NVIDIA |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a senior business development manager and a senior account manager in terms of educational background:
| Senior Business Development Manager | Senior Account Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 77% |
| 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 senior account managers' demographics:
| Senior Business Development Manager | Senior Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 74.8% Female, 25.2% | Male, 58.4% Female, 41.6% |
| 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% |