business management vs marketing salary

Last Updated on December 15, 2022 by Omoyeni Adeniyi

If you’re looking to start a career in marketing or business administration, you might be wondering which degree is better. While both are excellent choices for a career in marketing, there are some key differences between the two. This post conveys to you the details of Business Management Vs Marketing Salary, which degree is better marketing or business administration, business management and marketing salary, business management and marketing jobs and does marketing management pay well.

The difference between the two is that marketing is more of a short-term approach, while business management is more of a long-term approach. Business management is concerned with how to run the business efficiently and effectively, while marketing is concerned with how to get customers for the product or service being offered by the company. Read on to know more about Business Management Vs Marketing Salary, which degree is better marketing or business administration, business management and marketing salary, business management and marketing jobs and does marketing management pay well.

A manager listens as a staffer speaks at a meeting

Business management always involves both marketing and finance. A business manager has to make sure that he uses both his marketing skills as well as his financial knowledge when making decisions for his company. He must understand what kind of impact these decisions will have on his company’s finances as well as its market share in the long run.

Marketing plays an important role in any kind of industry, whether it’s retail or manufacturing or any other type of business out there. Without marketing, it would be impossible for companies to sell their products or services because no one would know about them!

Business Management Vs Marketing Salary

For starters, let’s take a look at how much money you can make with each degree. The average salary for all marketing professionals is $75,000 per year. This includes all levels of experience from entry-level workers all the way up to senior managers who have worked in the industry for years. On the other hand, business administration majors earn an average salary of $76K annually—a difference of only $1K between them! However, those who work under these titles aren’t always working directly with customers or clients; they may also be responsible for managing employees or overseeing budgets within their company instead.

Which Degree Is Better: Business Administration Or Marketing?

While both degrees lead to lucrative careers with plenty of room for growth and advancement opportunities over time (which

Business Management Vs Marketing Salary

We begin with Business Management Vs Marketing Salary, then which degree is better marketing or business administration, business management and marketing salary, business management and marketing jobs and does marketing management pay well.

If you’re looking to make some money, one of the best ways to do it is by getting a degree in business management or marketing. Both fields are highly profitable, and there’s no question that you’ll be able to find a job in either one. But if you’re trying to figure out which one is better for your future career, we’ve got the answer for you!

Business managers make about $80k per year on average, while marketing managers make about $76k annually. That’s not too much difference—so if you’re thinking about going into either one of these fields, don’t sweat it too much. Just pick the one that sounds most interesting to you, and go for it!

which degree is better marketing or business administration

Now we consider which degree is better marketing or business administration, business management and marketing salary, business management and marketing jobs and does marketing management pay well.

BA in Business Administration or BA in Marketing? 

If you’re still not sure which degree is right for you, try conducting a SWOT analysis of your options. A strategic analysis tool, a SWOT analysis is a common way companies and businesses review a business situation. An acronym for Strengths, Weaknesses, Opportunities, and Threats, a SWOT analysis can help you clearly lay out the pros and cons of a situation, leading to a more informed decision.

Internal Origin Inputs

These are inputs that are directly related to the degree you are analyzing and your personal traits. Items listed may relate to the potential alignment with your personal interests or ability to apply for a job you desire. 

  • Strengths
  • Weaknesses

External Origin Inputs

Opportunities and threats are items that will come from sources you cannot directly control. These may relate to incidents in an industry or changes in the economic outlook.

  • Opportunities
  • Threats

If you’re ready to give it a try, click the image below to download and print our SWOT worksheet.

business management and marketing salary

More details coming up on ‘business management and marketing salary, business management and marketing jobs and does marketing management pay well.

Marketing Managers

National data

Median Salary: $135,030

Projected job growth:10%

10th Percentile: $77,680

25th Percentile: $100,010

75th Percentile: $192,520

90th Percentile: N/A

State data

StateMedian SalaryBottom 10%Top 10%
Alaska$95,420$60,400$169,130
Alabama$103,170$60,750$207,820
Arkansas$126,500$58,260$206,380
Arizona$120,260$74,300N/A
California$163,420$86,990N/A
Colorado$160,530$97,360N/A
Connecticut$135,950$78,660N/A
District of Columbia$162,660$100,010N/A
Delaware$163,240$117,630N/A
Florida$127,140$63,090N/A
Georgia$127,690$77,930N/A
Hawaii$99,880$61,510$163,240
Iowa$120,010$67,530$203,040
Idaho$89,790$47,800$168,400
Illinois$127,300$63,910N/A
Indiana$120,740$66,340$201,380
Kansas$124,170$73,050$192,320
Kentucky$125,690$60,080N/A
Louisiana$98,320$58,890$193,750
Massachusetts$156,330$83,940N/A
Maryland$128,160$78,400N/A
Maine$108,770$75,370$169,130
Michigan$124,930$61,360N/A
Minnesota$152,350$81,410N/A
Missouri$102,060$63,520$191,790
Mississippi$82,240$47,650$166,180
Montana$99,510$67,460$206,380
North Carolina$129,570$77,680N/A
North Dakota$124,650$81,400N/A
Nebraska$99,070$47,750$163,180
New Hampshire$128,960$78,400N/A
New Jersey$163,290$103,040N/A
New Mexico$99,070$59,370$205,330
Nevada$100,040$47,750N/A
New York$169,130$104,210N/A
Ohio$127,860$77,680N/A
Oklahoma$104,740$59,870N/A
Oregon$125,900$75,370$206,890
Pennsylvania$127,690$76,130N/A
Rhode Island$152,350$99,520N/A
South Carolina$124,400$61,330$207,820
South Dakota$126,500$79,860N/A
Tennessee$103,750$61,090$182,540
Texas$128,030$67,070N/A
Utah$104,560$61,190$173,550
Virginia$162,640$93,450N/A
Vermont$99,480$59,820$161,630
Washington$152,350$94,590N/A
Wisconsin$124,570$75,270$206,890
West Virginia$81,810$57,920$168,400
Wyoming$102,330$77,940$169,130

Source: U.S. Bureau of Labor Statistics (BLS) 2021 median salary; projected job growth through 2030. Actual salaries vary depending on location, level of education, years of experience, work environment, and other factors. Salaries may differ even more for those who are self-employed or work part time.

Wide Range of Salaries

Marketing manager careers are so varied today that it would be misleading to cite one general salary. Pay could depend on one of many specialties and demand for the role. For example, search engine optimization (SEO) takes technical knowledge to master, a skill that wasn’t that common until recently.

Here’s a look at median annual salaries for some common marketing careers.

CareerMedian Annual Salary
Market Research Analysts and Marketing Specialists$63,920
Advertising and Promotions Managers$127,150
Public Relations Managers$125,780
Marketing Managers$135,030

Factors that Affect Salary

In marketing, your experience and the size of the company you work for can have a big influence on your salary.

Business management vs marketing salary – CollegeLearners.com

“Your earning potential is heavily weighted on your work experience,” says Laurie Ehrlich, founder and chief strategist at Elevate Marketing Strategy.

Larger companies often offer larger salaries, but in exchange, they’ll look for job candidates who have extensive experience, possibly in a specialty.

In marketing, your experience and the size of the company you work for can have a big influence on your salary.

While smaller organizations may pay less, they can offer marketing professionals broader experience, and this can allow them to specialize while still learning the basics across several areas of marketing. This can be invaluable when seeking higher-paying opportunities.

business management and marketing jobs

Job options

Jobs directly related to your degree include:

  • Actuarial analyst
  • Arbitrator
  • Business adviser
  • Business analyst
  • Business development manager
  • Chartered management accountant
  • Corporate investment banker
  • Data analyst
  • Data scientist
  • Forensic accountant
  • Insurance underwriter
  • Management consultant
  • Project manager
  • Risk manager
  • Stockbroker
  • Supply chain manager

Jobs where your degree would be useful include:

  • Construction manager
  • Costs lawyer
  • Environmental engineer
  • External auditor
  • Human resources officer
  • Logistics and distribution manager
  • Marketing executive
  • Mortgage adviser
  • Retail manager
  • Sales executive
  • Systems analyst
  • Urban designer

does marketing management pay well

Marketing management is a great career choice for those who want to work with a diverse group of business management and marketing professionals on a daily basis. And when you put in the work, marketing can be extremely rewarding.

Here’s why we think marketing management is the right career path for you:

-Marketing managers are passionate about advertising, user experience, social media trends, market research, and data analytics. They enjoy working with people who share their interests and helping them succeed in their careers.

-Marketing managers enjoy working with a diverse group of colleagues on a daily basis. They enjoy collaborating with others on projects and being part of a team that has many different viewpoints about what works best for the company overall.

-Marketing managers find it easy to multitask because they are always looking for ways to improve their current projects or create new ones from scratch based on what was learned from existing ones. This means they can easily switch gears from one task to another without feeling overwhelmed by either one at any given time!

Marketing management can be a great career choice for individuals who are passionate about advertising, user experience, social media trends, market research, and data analytics. It’s also a great option for people who enjoy working with a diverse group of business management and marketing professionals on a daily basis. And when you put in the work, marketing can be extremely rewarding.

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