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The differences between senior territory business managers and business 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 senior territory business manager and a business account manager. Additionally, a senior territory business manager has an average salary of $69,751, which is higher than the $68,498 average annual salary of a business account manager.
The top three skills for a senior territory business manager include neurologists, business development and oncology. The most important skills for a business account manager are customer service, product knowledge, and account management.
| Senior Territory Business Manager | Business Account Manager | |
| Yearly salary | $69,751 | $68,498 |
| Hourly rate | $33.53 | $32.93 |
| Growth rate | 5% | 5% |
| Number of jobs | 112,398 | 212,532 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior territory business manager is responsible for overseeing the business functions and operations under the assigned district. Senior territory business managers strategize project management techniques to handle the company's key accounts efficiently. They also identify business opportunities by conducting data and statistical analysis to generate more revenue resources and increase profits for the business. A senior territory business manager coordinates with clients, negotiates contracts and agreements, and maintain healthy business relationships with business partners.
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.
Senior territory business managers and business account managers have different pay scales, as shown below.
| Senior Territory Business Manager | Business Account Manager | |
| Average salary | $69,751 | $68,498 |
| Salary range | Between $47,000 And $101,000 | Between $44,000 And $104,000 |
| Highest paying City | - | Redmond, WA |
| Highest paying state | - | New Jersey |
| Best paying company | - | Meta |
| Best paying industry | - | Technology |
There are a few differences between a senior territory business manager and a business account manager in terms of educational background:
| Senior Territory Business Manager | Business Account Manager | |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between senior territory business managers' and business account managers' demographics:
| Senior Territory Business Manager | Business Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 55.8% Female, 44.2% |
| 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% |