What is Marketing?
Marketing is a field within the business world focusing on promoting and selling goods and services. The marketing field can include elements like advertising and market research but has evolved rapidly to include sub-disciplines like social media marketing, digital marketing, and analytics.
But what is a marketing degree? A marketing degree—undergraduate or graduate—combines traditional business topics with a scientific approach to understanding why consumers make choices. As a result, marketing is interdisciplinary and relies on the social sciences as much as traditional business topics like accounting and economics.
Throughout the following page, we'll explore various marketing careers, how much marketing professionals earn, and how you can jumpstart a marketing career. We spotlight schools with standout marketing programs while digging into what undergraduate and graduate marketing degrees can offer.
Marketing Careers
Graduates with a marketing or marketing-adjacent degree can expect to enter a growing field with relatively generous pay. According to the Bureau of Labor Statistics (BLS), jobs for market research analysts could grow by as much as 19% over the next decade. Additionally, BLS projects jobs for marketing managers to grow at a faster-than-average rate of 10% by 2031.
While earning potential is impacted by various factors, including experience, degree level, specialization, and geographic location, the 2021 median pay for marketing managers exceeds $135,000 annually. Similarly, the top 10% of market research analysts earn more than $128,320 per year.
Continue reading as we discuss what you can do with a marketing degree. Additionally, we'll take a look at everything from associate degrees to doctoral programs, and spotlight some standout marketing programs.
What Can I Do With A Marketing Degree?
Students pursuing a marketing career can anticipate that their skills are needed in countless industries. In addition to business marketing skills, graduates often excel in various modes of communication while boasting strong interpersonal, problem-solving, and analytical skills. Additionally, students can tailor their marketing degree to specific industries through coursework and internship opportunities.
Keep reading as we spotlight some top-paying careers and entry-level roles for students graduating with a marketing degree.
- Median Salary: $133,380
- Career Outlook: +10% (2020-2030)
- Required Education: Bachelor's Degree
- Median Salary: $63,920
- Career Outlook: +19% (2020-2030)
- Required Education: Bachelor's Degree
- Median Salary: $100,890
- Career Outlook: +4% (2020-2030)
- Required Education: Bachelor's Degree
- Median Salary: $69,940
- Required Education: Bachelor's Degree
- Median Salary: $64,465
- Required Education: Bachelor's Degree
- Median Salary: $49,114
- Required Education: Bachelor's Degree
Marketing Degree Types
Marketing degrees come in various shapes and sizes. From associate degrees to doctoral programs, marketing students study this complex area of business. In the following section, we examine the various levels of marketing degrees, what you can expect, and what they can offer you.
Online Marketing Degree
An online marketing degree—whether undergrad or graduate-level—offers a flexible (and often affordable) academic pathway. Regardless of level, these programs lean on the theoretical and practical topics that inform your career in marketing.
Online programs, often ideal for nontraditional students and working professionals, supply students with a flexible virtual delivery allowing them to complete coursework while keeping up with the responsibilities of work and home. Additionally, online programs that utilize asynchronous coursework offer the most flexibility, with online learners completing course requirements at their own pace.
That said, online programs are not for everyone. Online work typically requires self-discipline while juggling self-guided classes, and as a result, those who tend to perform best in a more structured in-person environment may not be suited for online programs.
Top 5 Best Colleges for Marketing
Based in Philadelphia, the University of Pennsylvania is an elite private institution that offers standout business degrees. Penn's Wharton School of Business is recognized worldwide and offers marketing programs at both the undergraduate and graduate levels. Wharton's marketing programs cover topics like consumer behavior, marketing strategy, and decision-making theory.
Tuscaloosa's University of Alabama is home to the Culverhouse College of Business, which oversees the school's marketing department. Undergrads have access to numerous marketing courses, while advanced degree-seekers can complete a Master's or Doctorate in Marketing. Alabama has a deep roster of professors and instructors with ample real-world marketing and business experience.
One of the most prestigious schools in Texas, Texas A&M offers undergraduate and graduate marketing degrees through their Mays School of Business. Taking a forward-looking approach, students encounter cutting-edge theories, techniques, and tools that inform modern marketing. Aggie students have access to a Bachelor's of Business Administration in marketing, a Master of Science in Marketing, and a Ph.D. in Business Administration with a Marketing Concentration.
Philadelphia's Saint Joseph's University is home to both undergraduate and graduate marketing programs designed to introduce students to the evolving world of digital marketing. Alongside a traditional bachelor's program, Saint Joseph's offers a 4+1 accelerated bachelor's/master's track. In addition to core classes, students familiarize themselves with topics spanning from advertising strategies to technology and consumer behavior trends.
The University of Cincinnati's Linder College of Business offers marketing programming at both the undergraduate and graduate levels. In addition to a BBA in Marketing, master's students can tackle an MBA with a marketing concentration. Graduate students also have access to a PhD in marketing. Linder's department of marketing focuses on a broad range of issues, including advertising strategy, brand development, and competitive intelligence.
Outstanding Online Marketing Degree Programs
See below for three outstanding marketing degree programs you can complete online.
The University of Arkansas at Little Rock is home to a 100% online Bachelor's in Marketing program. This fully online program covers popular topics such as social media marketing, analytics, and advertising. This program offers the same affordable tuition rate to resident and non-resident students.
Based in Boca Raton, Florida Atlantic University offers an Online Bachelor's in Business with a specialization in Marketing. Through a mix of scheduled and self-paced classes, students encounter vital topics, including advertising, social media marketing, and promotional management. In-state degree-seekers pay dramatically reduced tuition rates compared to non-resident students.
Columbus, Ohio's Franklin University provides a Bachelor's in Marketing that's entirely online. Throughout this 124-credit, self-paced degree, online learners tackle core topics like market research, digital advertising, and social media marketing. An ideal program for students with some prior college experience, online learners can transfer up to 76% of their credits. Before graduation, students complete an internship at a convenient, approved business.
Marketing College Financial Aid
Higher education requires a significant investment of both time and money. And, for some, the cost of school is a big hurdle that sometimes gets in the way of your academic and career goals. Thankfully, a long list of financial aid options can help shoulder the financial burden. Alongside federal loans, grants, and work-study programs, students have access to an equally sizeable list of private scholarships.
In the section below, we'll spotlight three scholarships. Feel free to use our Scholarship Search Tool to browse through potential scholarships.
Austin Alliance for Women in Media Scholarship
- Amount: $5,000
- Deadline: 3/1/23
AWN Austin offers an annual $5,000 scholarship for college sophomores and juniors in a media or media-related field studying in the greater Austin, Texas area. Applicants must have a minimum 3.0 GPA and be enrolled as full-time students.
Oracle Corporate Scholars Program
- Amount: Varies
- Deadline: March annually
Oracle's corporate scholars program offers an internship program for students studying business fields like marketing and human resources. Applicants must be full-time students and submit academic transcripts, letters of recommendation, personal essays, and a professional resume.
Richard J. Seif Technical Sales and Marketing Scholarship
- Amount: $3,000+
- Deadline: March annually
The American Welding Society offers an annual scholarship for undergrads studying business marketing. Earmarked for juniors and seniors, applicants must have a minimum 2.5 GPA and verify financial need.
How To Earn A Marketing Degree - Next Steps
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