The most likely explanation for the constantly rising numbers of students studying marketing has to do with the fact that it is a very rewarding field. Some statistics show that people with a marketing degree on average earn 20% more than those without one. This is great news for students who are looking to start their careers or to even be self-sufficient and make a living from home.
If you are thinking about pursuing a career in marketing, then you have come to the right place. Read our guide to learn more about the salary marketing professionals can expect upon starting their career as well as some of the more popular careers that a marketing degree can get you into.
Average salary with marketing degree
Yes, a graduate degree in marketing is worthwhile and an education in it can lead to an impressive salary. There are lots of different areas that marketing degree graduates can go into depending on their specialization. One gets the impression that in this field you can do just about anything. So if you’re investigating your options you might as well mix and match so you don’t limit yourself too much.
An estimated 80,000 people with marketing degrees are unemployed and the number of jobs requiring a degree is only increasing.
In all likelihood, the marketing degree will provide a valuable education, with many options. These include working as a marketing manager at a big corporation, or as a marketing manager at a small business, both of which will be lucrative positions. But the biggest takeaway from this graph is how important it is to earn that bachelor’s degree. For the vast majority of these jobs (88% for Bachelors and 75% for Masters), the median pay before receiving your degree was below $50,000. There was only one job out of twenty-one that didn’t require a degree, that being facility/construction manager, which still ultimately preferred bachelor’s candidates.
If you feel that your current career isn’t fulfilling enough, then consider the marketing degree. Although the field of marketing is always changing, there are some things that will remain constant. Using this information can help you find a suitable career, especially as an online marketer or a public relations specialist.
It is also good to note that the above figures vary depending on the state in which you live. For example, while the average salary for this position in the state of New York is $49,000, it is $46,000 in Ohio and $45,000 in Illinois. As well as this, salaries for this position will be higher for individuals with a Masters degree and work experience of 2 or 3 years.
