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    Program Manager vs. Account Manager

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    1105195794
    The document compares program managers and account managers. Program managers establish parameters for related projects and set objectives aligned with organizational goals. They earn a median salary of $85,569 and their field is expected to grow 6% annually. Account managers engage with new and existing buyers, earn a median salary of $54,275, and their field is projected to grow 8% annually. The document outlines the typical responsibilities of each role.

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    Program Manager vs. Account Manager

    Uploaded by

    1105195794
    129 views2 pages
    The document compares program managers and account managers. Program managers establish parameters for related projects and set objectives aligned with organizational goals. They earn a median salary of $85,569 and their field is expected to grow 6% annually. Account managers engage with new and existing buyers, earn a median salary of $54,275, and their field is projected to grow 8% annually. The document outlines the typical responsibilities of each role.

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    Program Manager Vs. Account Manager-

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    Program Manager Vs. Account Manager-

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    The document compares program managers and account managers. Program managers establish parameters for related projects and set objectives aligned with organizational goals. They earn a median salary of $85,569 and their field is expected to grow 6% annually. Account managers engage with new and existing buyers, earn a median salary of $54,275, and their field is projected to grow 8% annually. The document outlines the typical responsibilities of each role.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    129 views2 pages

    Program Manager vs. Account Manager

    Uploaded by

    1105195794
    The document compares program managers and account managers. Program managers establish parameters for related projects and set objectives aligned with organizational goals. They earn a median salary of $85,569 and their field is expected to grow 6% annually. Account managers engage with new and existing buyers, earn a median salary of $54,275, and their field is projected to grow 8% annually. The document outlines the typical responsibilities of each role.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Comparing Program Managers to Account Managers

    Program managers establish the parameters of many related projects, while account
    managers engage with new and existing buyers. Readers will explore the necessary
    college degrees, annual earnings, job growths, and the typical responsibilities for each of
    these professions.

    Educational Median Salary Job Growth (2018-


    Job Title
    Requirements (2020)* 2028)**
    Program $85,569 (program
    Bachelor's Degree 6% (managers, all other)
    Managers project manager)
    8% (advertising,
    Account $54,275 (account
    Bachelor's Degree promotions, and marketing
    Managers managers)
    managers)
    Sources: *Payscale, **U.S. Bureau of Labor Statistics

    Responsibilities of Program Managers vs. Account


    Managers
    Program managers and account managers may work with a variety of products to either
    develop or sell them. Additionally, both may travel to meet clients to better understand
    the parameters of the project or to gain first-hand knowledge of an organization's needs.
    Program managers, however, focus on planning the design, marketing, and production of
    new products. Account managers work directly with selling a product to targeted
    customers.

    Program Managers
    Program managers plan and organize a series of related projects, especially those
    regarding the development and implementation of new products. Along with company
    executives, they set program objectives that align with the goals of the organization. This
    holistic view of the program allows these leaders to coordinate related projects that all
    reach towards this shared goal. To ensure deadlines are met, program managers parcel
    projects into smaller tasks, which also helps them mark progress. Completing these tasks
    means delegating work to team members and supervising any product development.
    Job responsibilities of a program manager include:

     Sustaining the inventory, office infrastructure, and machines needed to complete


    projects
     Dealing with issues and setbacks in a way that keeps the program moving
    forward
     Discussing any changes to the schedule or deliverable with stakeholders
     Providing quality control checks on end-products

    Account Managers
    Account managers have sales quotas to hit, but they also have to establish working
    relationships with customers. Understanding areas of the market that are growing allows
    them to identify new customers, as well as contact those within the company who make
    purchase decisions. Account managers work with these individuals to determine the
    company's needs. They then discuss any modifications that could be made to the
    product, agreeing on a solution that will fit the customer's needs. For account managers,
    part of making a sale is to coordinate the logistics of delivery and placing the order.
    Job responsibilities of an account manager include:

     Gaining positive customer satisfaction ratings


     Offering price quotes that will fit the customer's budget
     Invoicing sales and collecting payment
     Working with marketing during a product launch to establish promotional
    techniques

    Related Careers
    Because you're researching a career as a program manager, you may also be interested
    in becoming a product manager, as both lead development of revenue-earning projects.
    If a career as an account manager excites you, however, you may want to look into a
    future as an advertising manager, because both work to engage potential customers.

     Product Manager: Job Description & Career Requirements


     Advertising Manager: Job Description & Career Requirements

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