marketing question by : What do marketing jobs pay if u have a masters marketing degree and ur experience is running a small business?
the business is marketing related and has been in operation for about 11 years. i’m now making a transition to work for a big company in marketing and i’m doing that by getting my master’s in marketing from NYU. just wondering what i can expect after graduating as far as salary and job placement/position?
marketing best answer:
Answer by Pat
A master’s degree in marketing and some experience running a small business would mean you should have plenty of experience under your belt. In this case, in terms of marketing opportunities at large and profitable companies, a person with your background should at the very least be a marketing manager. Marketing managers are typically roles that require a minimum of five years of industry experience and often require MBA’s or other advanced degrees. Depending on the industry, a marketing manager of your experience level should expect anywhere between 90K – 140K per year.
Marketing as a field provides a very wide range of salaries. Entry level positions in marketing can pay anywhere between 30K-80K, and that range doesn’t get any easier as you climb up. The reason is that for any given position in marketing, the rule is simple: if you’re really good and you can prove that you are, you’ll get offered the maximum. Most people don’t, and that’s why there’s such a range.
Be prepared to fully and effectively market yourself upon graduating. Know how to articulate your unique value to the employer and communicate the attributes that set you apart from the other applicants. I’d say your small business background is a good start in terms of differentiating yourself.