By 2030, there will be more than 5,000 000 management-level marketing positions that need qualified applicants. Marketing professionals often have growth rates of 10%, which is significantly higher than the national average for all occupations. In this article, you will find reasons on how the degree from top MBA College will help you to jumpstart your career.
1. Make Good Money
The chance of a greater income comes along with a reputable and higher-level position after completing a degree from a top MBA college. As you advance in your career and develop experience, you might make more money. In 2020, the typical annual salary for advertising and promotions managers was 16 LPA. The biggest earners in this category reportedly stated salaries of 22 LPA or more, according to the reports. In general, the range of typical annual earnings for these management-level marketing, promotions, sales, and public relations positions in the year 2020 was between 10 LPA and 12 LPA.
2. Abundant Job Opportunities
MBA in marketing is a very prestigious degree because the research reports are made clear. Graduates who list this degree on their CV will step out from those with less prestigious degrees. The information that is currently available regarding MBA holders' preferred jobs is shown below. In the current MBA programme, more than 35% of alumni have gone on to work in marketing and sales. A total of 22% of MBA graduates hold consulting positions. 52% or so of people hold jobs in general management. This demonstrates unequivocally that a degree will help you advance, regardless of the field you choose to work in.
3. Options for Choosing Major Subjects
The best MBA specialisation, according to widely circulated news in India, is marketing, which students learn through a variety of practical and theoretical disciplines. MBA in marketing courses cover B2B marketing, marketing services, and market research. Students have access to a variety of marketing courses, including business analytics and digital marketing.
4. Amazing Salary
One of the few professions that allows you to express your creativity is marketing. According to numerous statistics, people who graduate from an MBA programme have a better probability than their peers of obtaining a higher beginning wage. As a marketer, you have the space to express, whether you are creating advertising copy, creating a marketing deck, or even coming up with concepts for a marketing campaign. It's time to start thinking about enrolling in an MBA programme from a reputable university if you want to advance your career and earn better pay.
5. Preference for Leading Roles
If you have a managerial degree to support you, it will be simpler to be given consideration for executive positions. Everyone can find a niche in the sector of marketing, whether they enjoy storytelling, designing, analysing, or even engaging with other stakeholders. MBA-trained marketers are in charge of promoting businesses, as well as the goods and services they provide. There are now various sub-departments involved in promoting a service or product, including content writers, strategists, paid advertising experts, etc. You can select a role from these interests based on your topic of interest. This is due to the fact that an MBA assists you develop the abilities necessary to succeed as a leader in addition to providing you with industry experience.
MBA admission 2023 is a growingly popular degree among students. The student's preparation for higher professional prospects, such as management-level marketing positions, can benefit by specialising in this field as the students take the MBA admission 2023. According to the statistics, many businesses are eager to fill these more advanced marketing positions, which implies there will be more openings for freshmen.