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Students
What Can You do With a Graduate Degree in Marketing?
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At the graduate level, your best bet is a Master's of Business Administration (MBA) in marketing. Most MBA programs will either have a strong marketing component in the curriculum, or will offer marketing as one of the group of MBA specialties. Advertising managers oversee in-house account, creative and media services departments. The account executive manages the account services department, assesses the need for advertising, and, in advertising agencies, maintains the accounts of clients. Creative directors oversee the copy writers, art director and associated staff. The media director oversees planning groups that select the communication media to disseminate the advertising, such as radio, television, newspapers, magazines, Internet or outdoor signs. Promotions managers direct promotion programs that may involve direct mail, telemarketing, television or radio advertising, catalogs, exhibits, inserts in newspapers, Internet advertisements or Web sites, in-store displays or product endorsements and special events. Purchase incentives may include discounts, samples, gifts, rebates, coupons, sweepstakes and contests. |
Marketing managers develop the firm’s detailed marketing strategy. With the help of subordinates, including product development managers and market research managers, they determine the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets, develop pricing strategies, monitor trends that indicate the need for new products and services and oversee product development. Public relations managers direct publicity programs to a targeted public. They often specialize in a specific area, such as crisis management, or in a specific industry such as healthcare. They use every available communication medium in their effort to maintain the support of the specific group upon whom their organization’s success depends. Public relations managers may produce internal company communications, draft speeches and respond to information requests. In addition, some handle special events such as sponsorships and grand openings. Sales managers assign sales territories, set goals and establish training programs for the sales representatives. They advise the sales representatives on ways to improve their sales performance. In large firms, they oversee regional and local sales managers and their staffs. Sales managers maintain contact with dealers and distributors, analyze sales statistics and monitor customer preferences. |
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