If you’re considering earning a business marketing degree, here are a few facts to consider. As a general rule, an associate’s degree in marketing pays around $69,480 per year. However, the salary of a marketing manager is almost four times higher than the average of all occupations. In 2020, the median salary for marketing managers is expected to reach $142,170. Even if you’re considering a different career path, a business marketing degree is one of the most rewarding degrees available.
Business Marketing Degree
According to the BLS, marketing managers earned a median annual wage of $125,510 in 2019. This means that about half of marketing managers earned more than that amount, while the remaining half made less than that amount. The lowest-paid 10 percent of marketing managers made $61,930, while the highest-paid ones earned more than $208,000. A business marketing degree will land you a salary between $61,930 and $208,000 a year, but the salary range will vary based on the location and years of experience.
Those with advanced degrees in marketing earn a more substantial salary than those without. Currently, US graduates with a bachelor’s degree earn $54,500 on average in Marketing Service for Local businesses, while those with a master’s degree earn $71,000 on average.
Advanced business degrees, including MBAs, can pay you even more. A marketing MBA graduate in the US earned a median salary of $115,000 in 2021. In addition to earning over $57,500, a business marketing degree can lead to a career in international marketing management.