Job Profiles After MBA in Marketing: Salary, Companies, Career Prospects

After completing two years’ MBA programme in Marketing from a reputed B-school, a candidate can opt for marketing profiles in different sectors such as FMCG, IT, Retail, Tourism, Banking, Hospitality, Media, Advertising, among others. Check here top job profiles after MBA in Marketing along with salary package and top recruiting companies.
MBA in Marketing is one of the most sought-after disciplines of management studies. It offers a huge pool of job opportunities since marketing constitutes the core of all the industries and production houses. Every organisation or business house needs to reach its brand or product to the customers and for this purpose, it solely depends on the sales and marketing professionals. The job of the sales and marketing professionals entails developing a new brand, expanding the market, identifying the consumer behaviour and catering to the requirements of the consumers. The aspirants are, therefore, taught about sales and market analysis, executive and leadership management skills, consumer trends, market strategies, product management and designing, advertising and carrying out market research.
- MBA in Marketing: Skills Required
- Career opportunities in MBA in Marketing
- MBA in Marketing Salary Package and Job Profiles
- Top Jobs for MBA Marketing Degree Holder
- MBA in Marketing: Top Recruiters
MBA in Marketing: Skills Required
To be successful as a marketing professional, one needs to have observation skill to study the trend of the market and consumer behaviour. Here, is a list of skills required by an individual to make a successful career after completing MBA in Marketing
MBA Marketing Skillset | Details |
---|---|
Communication skill | Must possess an excellent communication skill and an ability to convince others |
Mathematical skill | Should have an ability to calculate and measure |
Strategic-thinking skill | Ability to decide the marketing strategy and plan accordingly |
Analytical skill | Ability to judge and research the current trend of the market |
Reasoning and analysing skill | Must have a good reasoning skill and an ability for analysing the present situation |
Problem-solving skill | Ability to solve a problem and handle a critical situation |
Career opportunities in MBA in Marketing
There are ample career prospects for those studying or have studied MBA in Marketing. After completing two-year MBA programme in Marketing from a reputed B-school, a candidate can work in different sectors such as fast-moving consumer goods (FMCG), information technology (IT), Retail, Tourism, Banking, Hospitality, Media, Advertising, Consultancy, Market Research, etc. However, of all these sectors the most coveted one is the FMCG sector. With the expansion of technology, the skilled professionals can work in the digital marketing field also.
Those who take an interest in teaching can join B-schools as professors. The interested candidates can also carry on research on the related field to earn a PhD degree.
MBA in Marketing Salary Package and Job Profiles
MBA degree holders in Marketing may work in Government as well as in private sectors. If they join the world of digital marketing, they can work for social media, pay-per-click, web designing, search engine optimisation, search media optimisation and articles. Initially, the MBA degree holders in Marketing draw a salary of INR 4.5-7.5 lakh per annum. Their salary increases with years as they acquire experience in the field. Here is a table to guide you about the average annual salary received by an MBA in Marketing:
Job Profile | Average Salary* |
---|---|
Marketing Manager | INR 8 lakh LPA |
Brand Manager |
INR 9 lakh LPA |
Asset Management Expert |
INR 8 lakh LPA |
Corporate Sales Manager | INR 7 lakh LPA |
Market Research Analyst |
INR 4.4 lakh LPA |
Sales Manager |
INR 6 lakh LPA |
Media Planner |
INR 4.75 lakh LPA |
Digital Marketing Manager |
INR 6.74 lakh LPA |
Area Sales Manager |
INR 7.20 lakh LPA |
Business Development Manager |
INR 7.30 lakh LPA |
Regional Sales Manager |
INR 12.15 lakh LPA |
*Source: payscale
Top Jobs for MBA Marketing Degree Holder
MBA Marketing is one of the most popular course specializations as it leads to a huge range of job roles at junior, mid and senior levels. Marketing of product or services is required in every sector, thus there are too many options. Here we have listed down some of the most popular job roles (with description) after MBA in Marketing:
Brand Manager: The job of a Brand Manager demands to create an identity of a particular brand which would segregate it from the other varieties available in the market. The brand manager would also be responsible for increasing the sale of a particular product. He must have the ability to analyse the market trend and decide the advertising and promotional strategy of the product so to increase its sale. To know the consumer behaviour, the Brand Manager carries on demographics, psychographics, geographic and behavioural studies. He also decides the pricing of a product and takes decision whether to expand or curtail the brand. Initially, an MBA in Marketing starts his career as an Assistant Brand Manager.
Research Manager or Analyst: The research manager or analyst is involved in researching the market trends, collecting data and studying consumer behaviour. They provide the information regarding the changes in the market, the demands of the consumer and upon their information and data, the company decides its market strategy.
Account Manager or Executive (Advertising): Advertising plays an important role in promoting a product in the market. The Account Manager acts as a correspondent between the brand manager and the advertising agency. He briefs to the creative agency the demand of the company to popularise a brand in the market and on the other hand takes the call on the advertising budget. He is also held responsible for promoting a product on social media.
Sales Manager: The job of the sales manager demands to work for the increase of sales of a product. He is held responsible to communicate with the distributor, the retailer and the consumer. Once the marketing strategy of a product is finalised, the onus goes to the sales manager to execute it. He also looks after the sales of a particular region and heads a team of sales executives.
Business Development Manager: The business development manager looks after the market position of a company and its financial growth. He builds long-term strategic goals for the company and develops key customer relationships, negotiates business deals and keenly observes the market trends. He works with the marketing staffs and the sales managers to boost up the financial growth of the company. He not only takes care of the satisfaction of the existing customers but also pays attention to increase the list of clientele.
Marketing Analytics: The marketing analytics collect data from all the existing marketing channels and prepare the marketing review. This helps the company to develop its future marketing strategy.
MBA in Marketing: Top Recruiters
The top recruiters of MBA in Marketing are IBM, Infosys, Hindustan Unilever, Amazon, Reliance, Nestle, Mahidra, Honda, Godrej, ICIC Bank, HDFC Bank, Tata Consultancy Services Limited India, P&G, Dabur, Britannia, Marico,Pepsico, ITC limited, Ranbaxy Fine Chemicals India, and Spencer’s Retail Ltd India, Avalon Consulting, KPMG, Raymond Ltd etc.
Here is a table to provide you an overview of the employment opportunities in various sectors.
Area of Employment | Percentage (%) of Placement |
---|---|
FMCG | 34 |
E-Commerce | 26 |
Advertising and Marketing Research | 17 |
Retail Management Sector | 16 |
Banks and other sectors | 7 |
*This table is for reference only.
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