Marketing Management: Careers, Roles and Job Profiles

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Marketing Management

In today’s world, Marketing Management has become an indispensable part of the corporate world with companies using marketing techniques to analyse the target markets and growing customers through creating and delivering products and services of superior customer value. And, a good Marketing Management course teaches students how companies pursue, promote and position the products and services they are selling.

What are the Key Skills for Marketing?

With marketing growing at an exponential rate, many students are considering a degree in Marketing Management. However, with popularity comes great competition and anyone looking for a career in Marketing, need to have specific qualities to stand-out in the market.

Here are just a few of the most important skills that one should possess to be a successful Marketing Manager:

Good Teamwork Skills Adaptability
Malleability Strong Attention to Detail
Good Public Speaking Confidence Ability to Pitch New and Innovative Ideas
Commercial Awareness Good Organizations Skills
Excellent Communication Skills Creativity

Roles and Responsibilities in Marketing Management

  • Overseeing and developing marketing campaigns.
  • Coming up with new ideas to make the consumer aware of their products.
  • Devising and presenting strategies.
  • Promotional activities overseeing.
  • Writing and proofreading creative content.
  • Organising events and taking feedback.
  • Helping social media presence. 

Requirements to Make a Career in Marketing

To pursue a course in Marketing Management, students have to clear an exam at the university or sometimes just apply. Like in India, you have to clear some examinations like:

  • CAT
  • AIMA-MAT
  • CMAT
  • GMAT
  • IBSAT
  • DU JAT
  • IPMAT
  • MICAT

But, if you are planning to study abroad, mostly masters in Marketing Management, then you need to have the required GMAT score, besides giving English-language proficiency tests like IELTS or TOEFL

How to Make a Career in Marketing Management?

There are some basic laid-down methodologies on how to pursue a career in Marketing Management which is in fact, a booming industry to be a part of. 

Have a High School Diploma

The further requirements change from companies to companies or even institutes to institutes. But, one thing remains the same, a high school diploma, required as proof of passing out of high school. 

It is highly likely that the candidate didn’t have anything remotely related to marketing in his/her high school but good scores in English and Mathematics is important. Plus, if you go out to study, you should have some good grades in English along with the transcripts of an English Proficiency Test

Obtain a Bachelor’s Degree

Some students decide to do only their bachelor’s degree and then go for other skilled based courses and some decide to go till the higher level that is MBA and also even do an Executive MBA. But, for the students who have done only their bachelor’s and are trying to ender the Marketing Management field then they should have a relevant Bachelor’s degree.

For all others, they should have a bachelor’s degree in any field but with a minimum described cut-off, usually, that is 50%. 

Want to get admission to your dream university abroad? Then, Register Here!

Complete an Internship in Marketing

It is a very important and rather overlooked step. A good internship in the Marketing field increases the chances of being accepted at a good university for post-graduation. Internships develop networking that is always helpful in the Marketing arena because you learn new cultures and methods before actually joining a job.

Obtain a Postgraduate Degree

This is a rather need-based step but getting a postgraduate degree in either MBA or MA always helps the slope of career. Students prefer MBA over any other postgraduate course and then select Marketing as a specialization. But, you have to set your priorities straight as to:

  • Where you are, 
  • Where you are standing, 
  • What you want to do 
  • And how you plan to get there.

Syllabus for BBA and MBA in Marketing Management

The BBA or MBA Marketing Management program is designed and regularly revised based on the latest industry trends and demands. The purpose of this course is to train students with an equilibrium of the theoretical aspect and the practical application of marketing.  Each institution could have its own curriculum. However, some of these topics are still prevalent in almost all institutes. These topics are outlined below:

Syllabus for BBA

  • Principles of Management
  • Business Economics
  • Marketing Management
  • Computer Fundamentals
  • Business Mathematics
  • Financial Accounting
  • Accounting Principles and Standards
  • Communication Skills 
  • Business writing 
  • Consumer Behaviour and Demand Analysis
  • Market Research 
  • Statistics 

Syllabus for MBA

  • Business Statistics
  • Management Accounting
  • Corporate Finance
  • Managerial Economics
  • Financial Accounting
  • Marketing Management
  • Consumer Behaviour and Market Research Analysis 
  • Competition and Strategy
  • Operations Management
  • Strategic Management 
  • Managerial Communication
  • Effective Business Communication 
  • Managing people and their performance in an organization
  • Managing Organizations

List of Top Colleges Abroad for Marketing Management

  1. Columbia Business School, Columbia University
  2. Alliance Manchester Business School, University of Manchester
  3. Imperial College Business School, Imperial College London
  4. Warwick Business School, University of Warwick
  5. ESCP Europe Business School
  6. EMLYON Business School
  7. HEC Paris
  8. EDHEC Business School
  9. Vienna University of Economics and Business, University of Vienna
  10. ESADE Business School

List of Top Colleges in India for Marketing Management

  1. All IIMs
  2. IITs
  3. Xavier Labour Relations Institute
  4. S P Jain Institute of Management and Research (SPJIMR)
  5. Institute of Management Technology (IMT)
  6. Xavier Institute of Social Service
  7. MIT School Of Business 
  8. Indian School of Business 
  9. Faculty of Management Studies 
  10. T. A. Pai Management Institute
  11. University of Petroleum and Energy Studies 
  12. Symbiosis Institute of Business Management
  13.  Guru Gobind Singh Indraprastha University
  14. Chandigarh University 
  15. NIMS University 

List of Course Books for Marketing Management

  1. Marketing Management by Philip Kotler 
  2. The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk by Al Ries
  3. Principles of Marketing by Philip Kotler 
  4. Marketing Insights from A to Z: 80 Concepts Every Manager Needs to Know by Philip Kotler 
  5. Ten Deadly Marketing Sins: Signs and Solutions by Philip Kotler
  6. Good to Great: Why Some Companies Make the Leap… and Others Don’t by James C. Collins
  7. The Art of Social Media: Power Tips for Power Users by Guy Kawasaki 
  8. Business Adventures by John Brooks 
  9. Competitive Strategy: Techniques for Analyzing Industries and Competitors by Michael E. Porter
  10. Marketing Warfare by Al Ries

Most Favourable Jobs after a Degree in Marketing Management

Companies always have a high demand for marketing professionals who can solve complex marketing issues, develop sales strategies and come up with new and innovative ideas to promote a product or service. In fact, a lot of companies offer special marketing training programs for employers to provide hands-on experience in the field. Let us explore the different areas of Marketing Management:

  1. Marketing Manager
  2. Marketing Research Analyst
  3. Advertising Manager
  4. Promotions Manager
  5. Social Media Manager
  6. Product/Brand Manager
  7. Media Planner
  8. Sales Manager
  9. Public Relations Specialist
  10. Meeting/Event Planner
  11. Marketing Coordinator
  12. Customer Service Representative
  13. Marketing Analysts 
  14. Consumer Behaviour Analysts 
  15. Sales Representative

Brand or Product Manager

  • Big companies or rather “brands” hire marketing officials for advertising and promotional activities. In this, the marketing managers usually start as assistants or junior level managers, market research analysts or sales representatives.
  • Highly skilled marketing specialists who have good analytical abilities as well as possess the power of persuasion are preferred for this job.

Event Planner

  • The fresh graduates can start their own Event Management company or work for an already established one. Usually, this field has people with the knowledge of Marketing Management hired on a contract basis. Few of the prominent responsibilities of an Event Planner include organising weddings, alumni gatherings, press conferences, or any other shindig that requires order and decorations.

Market Research Analysts

  • Marketing students with a strong interest in quantitative, analytical and research aspects related to a job can look into this field. A Market Research Analyst carries out assessments of consumer reactions to new products or services through surveys and feedback. 
  • Moreover, analysts gather and interpret the data which in turn helps other officials to devise strategies for the products further. They are well versed with the market behaviour and understand the demographic condition adequately to carry out research.

Public Relations Representative

  • Marketing managers analyze the consumer behaviour and pattern and they know enough to be associated with the demographic. The main goal of Public Relations is to create and maintain a positive reputation with the public. The public can be:
    • Normal public or consumers,
    • Media public,
    • And self-help groups working in society.
  • Students with Marketing Management degree are well-equipped with strong journalistic writing skills that are well-suited for the Public Relations job that usually would involve getting involved with the media public or a large group of clients.

Sales Representative

  • The ultimate goal of all marketing is to improve the profits for a corporate. The most important way to do it is by increasing sales. There are many sales jobs open in a corporate for every and any degree holder. If the candidate wants to mix and match stuff they can apply for the sales representative job too.
  • Marketing majors can also use this post as a benefit to them as they can understand and improve customer relations, know the demographic and make effective sales pitches. 

Social Media Manager

  • In today’s time where most of the corporate work is done through online platforms from filling survey or feedback forms to deliver products or services or even study academic programs too, there is a crucial need for someone to manage and advertise the content on these platforms. That’s when marketing managers come into play.
  • Social media managers advertise their products on platforms like Facebook, Instagram, Twitter, Pinterest, etc. The managers should have a good knowledge of online platforms and the demographic that every platform attracts. 

Salary 

Salary is a key barometer for career growth and development. In the marketing management field, the increase in salary figures can be realized as you gain experience. The salary bifurcation that is offered to graduates in marketing management, in general, is as follows:

Experience Levels  Salary (in INR per annum)
Freshers  2.5 – 7 lakhs 
Mid experienced 3.5 – 10 lakhs 
Experienced  4.5 – 13 lakhs 
Late- Career/ experts  5.5 – 17 lakhs 

Top Recruiters for Marketing Management

For marketing professionals, there are many opportunities to work with reputable brands with a highly sought-after employment profile. Here is a list of some of India’s most innovative, largest and best marketing companies where a job opportunity can be a better stepping stone to career growth:

  • LIC
  • Colgate Palmolive
  • Maruti Udyog
  • Nestle
  • Mahindra & Mahindra
  • L’Oreal India
  • Volkswagen
  • Johnson & Johnson
  • Bharti Airtel
  • Hindustan Unilever
  • Sony India          
  • PepsiCo
  • Vodafone Plc.
  • Tata Motors
  • Hero Motor Corp
  • Amazon
  • Apple
  • BCG
  • Citigroup
  • Deloitte
  • Facebook
  • Goldman Sachs
  • JP Morgan
  • McKinsey
  • Microsoft

The Marketing Management degree holders get entry-level jobs in companies in most of the cases unless you have done your Master’s from a very reputed business school. Want to get into your dream university abroad? Talk to our experts at Leverage Edu, who can help with your application process, SOP, visa, accommodation and a lot more.

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