What’s the Average Salary with an MBA in Marketing?

Want to make more money working in the marketing world? By getting an advanced degree in this field you can increase your salary, and even more importantly, you can find a more fulfilling job that you really love. Many students find that their MBA education pays for itself in just a few short years. Let’s take a look at the average salary you can expect if you work in marketing and have at least an MBA.

MBA in Marketing Salary by Job Title

By far, the thing that has the biggest effect on the salary you’ll receive after you graduate is you job title. With a master’s degree, you’ll qualify for top positions in this field, especially as you gain real-life work experience. According to Payscale.com, you can even make a six-figure salary in some positions. Here’s a rundown of the salary ranges from The Bureau of Labor Statistics you can expect with a few of the most common marketing-related jobs:

  • Market Research Analysts and Marketing Specialists: $67,130
  • Marketing Manager: $126,190
  • Sales Manager: $116,860
  • Advertising and Promotions Managers: $103,350

In addition, an MBA in marketing, along with some experience in the field, allows you to branch out and open your own marketing firm. Being a business owner is definitely not an easy route, but it can be both professionally and financially rewarding. As far as earning potential goes, the sky is the limit – make marketing firms are multi-million dollar business.

Industry Salary Rates for Marketers

Another factor that plays a role in what you’ll earn after getting you MBA in marketing is industry. In some fields, you’ll just make more money simply because it’s a more lucrative field. According to The Bureau of Labor Statistics, marketing managers make, on average, the following amounts by industry:

  • Security and Commodities Exchanges: $153,060
  • Motion Pictures: $152,700
  • Oil/Gas: $149,330
  • Computer Systems Design: $137,040
  • Scientific/Technical Consulting: $132,520
  • Insurance: $118,860

Other Factors that Affect Salary

Your salary as a marketer also depends on things such as the college you attended, the certifications you’ve earned, the number of years you’ve been working in the field, your employer type, and the size of the company where you work. In general, as your salary rises, you’ll also receive better benefits packages and annual bonuses.

The Best Online MBA in Marketing Degrees

An MBA in marketing prepares students for careers as business leaders in the field of marketing and advertising. While a bachelor's degree is sufficient to get a job at a marketing firm, obtaining a master's degree, in particular an MBA, helps an individual stand out and prepares him/her for leadership positions. Below are the most popular colleges offering MBA and masters in marketing degrees.

Kaplan University
MBA: Marketing
Kaplan University - The MBA in Marketing from Kaplan University will increase your earning potential and prepare you for advancement within your marketing career. You will be prepared for marketing leadership positions in numerous competitive business environments. Businesses greatly need leaders to produce results in order to stay ahead of their competition. You will be able to provide them with a competitive edge in marketing that will help them achieve the results businesses are looking for.
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University of Liverpool
MBA: Marketing
MBA: Global Marketing
University of Liverpool - The MBA in Marketing from the University of Liverpool will prepare you to become a leader and meet the marketing demands in complex, cross functional, and globally diverse environments. The MBA in Global Marketing is designed for students who need to understand the needs of consumers from backgrounds other than the United States. As businesses grow overseas, marketing professionals will need to know how to grow their international client base and how to meet their interests and needs.
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Capella University
MBA: Marketing
Capella University - An MBA in Marketing from Capella prepares students to meet the rigorous marketing and sales needs of companies. Companies have a strong need to drive in qualified leads in order to stay competitive. With this degree, you will learn how to attract consumers and dissect and understand their evolving needs. In addition, students will learn how to manage sales and oversee international marketing and distribution operations.
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Ashford University
MBA: Marketing
Ashford University - An MBA in Marketing from Ashford University will help you to discover many of the strategies and ideas used by some of the most successful marketing professionals. You will expand your knowledge in branding, research, and consumer behavior. Businesses today are in high need of well-educated marketing professionals to attract and sustain clients, and this program gives you the skills they are looking for.
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Boston University
MS: Intl. Marketing
Boston University - The MS in International Marketing Management at Boston University is designed to give students an exciting, value-added educational experience. Student gain a solid marketing education core with state-of-the-art classes in e-commerce, web design, and database analysis. You will also have the opportunity to take online classes with Boston University's international partner universities in Europe, Latin America, and Asia, helping you gain experience from other students all around the world.
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Strayer University
MSN: Marketing
Strayer University - The MBA in Marketing from Strayer University is for working professionals who want to learn the latest marketing skills and concepts. The current marketplace is changing rapidly and marketing professionals must stay ahead of the curve in order to compete effectively in this industry. You will learn modern marketing techniques in this program that will assist you in achieving career advancement.
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