Wednesday, September 5, 2012

Who needs a Masters in Marketing?


A master's degree in business administration (MBA) is known to all. Those who do not know an MBA has to live on Mars. But many of us may not be very well informed about a master's degree in marketing, the program of courses, prerequisites for education and employment opportunities that offer a master's degree in marketing. Well, this is a degree for candidates who have an interest in marketing products or services to a business organization. The degree marketing program provides candidates with knowledge of a specific area of ​​marketing. Below, we discuss on this master level, educational prerequisites, and what the degree program covers courses.

Master of Science in Marketing
The Master focuses on topics such as market trends, market principles and market analysis. While getting enrolled in a Master of Science in Marketing program, students may choose to study one of these concentrations - marketing communications, market management, market research, strategic marketing, etc. In this degree, students are trained in behavior consumers, brand management, targeting specific markets and the principles of product development among others. Trainings and workshops play a vital role in giving students the experience of the real world.

Education Prerequisites
An undergraduate degree in business or a relevant field is a prerequisite to get enrolled in a master's degree in marketing program. Those who do not already have a Master's degree need to take courses in marketing and business first. In addition, some experience of marketing can be an advantage for students to get in this MSc program. To become eligible for enrollment, applicants must also take the Graduate Record Examination or Graduate Management Admission Test.

Inclusions of courses
The coursework for this degree includes master almost every aspect of marketing. Usually, the course for the degree program includes the following.

Marketing Research
Consumer behavior
Brand Management
Strategic Marketing
Marketing Communications
Marketing Consulting
Marketing
Marketing Leadership

While being trained, the students will be taught about science and technology marketing, how to make strategies, how to judge the behavior of consumers, marketing techniques, etc. The degree prepares candidates to conduct campaigns for the launch of product marketing and services of a business firm or other organization.

Job Outlook and Salary
According to the U.S. Bureau of Labor Statistics, the rate of employment growth for these professionals is expected to increase by 12 percent until 2016. Due to a growing competition between companies, there is a demand for professionals like normal sales manager, managers, advertising managers etc. The average annual salary of executives is about $ 98,720.

Career progression
For career advancement, candidates may also choose to go for a doctorate in marketing, finance, business administration etc. Advance education can prepare candidates to take positions in marketing and research work to teach the science of marketing in schools, colleges and universities. A doctorate in marketing will bring more opportunities for viable candidates in a number of commercial enterprises and organizations .......

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