MBA Marketing is a two-year postgraduate degree course that deals with enhancing students' knowledge in consumer behaviour, market behaviour, advertising, managerial communication, marketing research, customer relationship management, etc. MBA Marketing graduates have diverse job offers, including corporate sectors, digital marketing agencies, product development and services based companies, and much more. Continue reading for more in-depth insights on MBA in Marketing course.
|Full Form||Master of Business Administration in Marketing|
|Duration||Course Duration of Master of Business Administration [MBA] (Marketing) is 2 Years.|
|Age||No specific age limit|
|Minimum Percentage||50% marks in bachelors degree|
|Average Fees Incurred||INR 7 - 20 Lakhs|
|Average Salary Offered||INR 3 - 10 LPA (Source: Payscale)|
|Employment Roles||Market Manager, Media Planner, Business Developer, Brand Manager, Corporate Sales, Public Relations Manager|
The Oxford languages define marketing as "the action or business of promoting and selling products or services, including market research and advertising." The MBA Marketing enables students to understand the various interrelationships between the multifaceted tasks and multiple tasks in any marketing operation and develop analytical skills for grabbing opportunities in the international business.
MBA Marketing subjects include marketing management, operation management, business environment, behavioural psychology, financial management, and much more. Students with excellent communication and resource mobilization skills are best suited for the marketing field. A career in marketing is contemplated as dynamic and competitive, and the candidates have diverse job scope.
Marketers use necessary technologies along with tools for marketing and advertising to enhance the reach, and the tools include:
Table of Contents
For MBA in Marketing admission, students should ensure that they know about the eligibility criteria, entrance examinations and the age limit for applying for the course.The aspirants should have completed their graduation course from a recognized institute or board with aminimum of 50% aggregate marks is required for admission in any reputed or renowned college or university. Apart from that, aspirants are required to clear any of the common enterance exams for MBA admissions like CAT , MAT, XMAT,etc. As far as MBA course is concerned, there are no specific age limits for the course.
The admission process for MBA in Marketing depends soleley on the eligibility criteria, which differs based on the institution's course and must be met by the applicant.The aspirant's admission procedure under the merit quota for MBA Marketing course depends on the performance in the common enterance entrance examination alonng with undergraduation . Admission process can also be done via management quota which has limited number of seats.
Students can apply for the course either online because of the covid situations. Students can go through the college website to apply for the course and submit the required documents. The students can visit the college premises to apply offline. Fill up the application form and submit all the required documents.
Colleges selects the aspirants based on the entrance exam scores. The college produces a cut off list and the students who have qualified for the following rounds such as interviews and group discussions. The selected students obtain the admit card and follow up the other admission related proceedings.
The students need to appear for some of the entrance examinations, which are held all across the country. There is a normal selection session where the candidate fills-up the form and gets selected on the merit-basis depending on his graduation marks.Then, the selected students appears for GD (Group Discussion) and PI (Personal Interview), where they are asked questions to test their critical thinking capabilities. The aspirants are selected based on those assessments.
Listed below are some of the important examinations for MBA Marketing that are held across the country:
The eligibility criteria of the entrance exams of MBA Marketing are entirely dependent on the conduction body; hence it varies. But here are a few similarities are picked up from the popular entrance exams to give students a heads up:
Listed below are the top 10 MBA Marketing colleges in India according to NIRF
|1||SP Jain Institute Management and Research|
The course fee for this master's program can differ from college to college. The fees at private institutions are high as compared to government institutions. There are different scholarship programs as well for aspirants who want to pursue this course. The general course fee ranges from INR 7 - 20 Lakhs.
|1||SP Jain Institute Management and Research (SPJIMR)||INR 16 Lakhs|
|2||Institute of Management Technology (IMT)||INR 2.04 Lakhs|
|3||Xavier Institute of Social Service||INR 8 Lakhs|
|4||N.L. Dalmia Institute of Management Studies and Research||INR 8.7 Lakhs|
|5||NIILM Centre of Management Studies||INR 5.5 Lakhs|
MBA Marketing syllabus includes subjects that are both theoretical and practical. This post-graduation degree course helps the aspirants polish their communication skills, vital in the aviation sector. This course is structured as core and elective subjects and projects during the final semester.
Some of the important theoretical MBA Marketing subjects are listed below:
Read More about MBA Marketing Syllabus and Subjects
The answer to "why choose MBA Marketing?" can be made simpler by breaking it down to the following three short questions:
MBA in Marketing is a two year long undergraduate course, which deals with understanding the nuances of marketing, consumer psychology, behavioural study, and enhancing product sales. It is increasing and is an exciting industry with a lot of job scope for fresh graduates. It is ideal for students who are efficient, decisive, and strategic. The aspirants need to have excellent communication skills, which you can learn by taking marketing. The coursework includes subjects like consumer behavior, marketing management , advertising management,etc. that offers internsive knowledge on marketing techniques. Graduates ofthe course have plenty of scopes in the current job trends and are entitled to recieve jon opportunities in both the public and the private sector.
Promotional Activity: A marketing manager is responsible for managing the various promotional activities for promotional launch, ensuring that the product is accessible to targeted customers, and assuring sales growth.
Raise Brand Awareness: Typically, marketing managers are employed to attract more potential customers interested in buying from the company and raise brand awareness by creating marketing campaigns and promotional activities.
Demand: The course benefits include an opportunity for advancement to higher positions at work, increased salary, and overall increased career opportunities and advanced expertise in various fields. Marketing is proliferating and is an exciting industry.
Enhances Marketing Skills: There are significant advantages to an MBA in the Marketing sector. The degree prepares the aspirants for the work related to the marketing, advertising, and product sales sector. This degree course polishes the aspirant's existing marketing skills and helps him develop some of the important entrepreneurship skills over the period of time.
Career Growth: The MBA in marketing prepares the aspirants for a job in the marketing sector and other consulting and general management sectors. MBA Marketing equips the skills that are required for aspirants to survive in the corporate world. And the course enhances skills like communications, analytical, and management.
Read More about MBA Marketing Jobs
MBA in Marketing students needs to be well aware of the course structure and equip practical knowledge and critical skills to excel in the score. Listed below are a few preparation tips for the successful completion of the course.
Get Hold of The Examination Syllabus: Make a list of topics-wise strengths and weaknesses, and work on them rigorously. Understand the exam pattern and test structure of the examination you are preparing to make a time-bound exam preparation strategy.
Make a Month-Wise Preparation Plan: The aspirants can go through the syllabus for the examination they are preparing for and make a timetable or routine after going through the syllabus.
Be Creative: The aspirant also needs to polish his critical thinking and creative skills to develop innovative ideas.
After completing an MBA, the aspirant can pursue various specialization courses to strengthen their CV and increase his corporate world credibility. Some of the renowned courses are listed below:
The average salary that the graduate earns after completing his masters' degree depends on many factors like the company's policy, capabilities of the individuals, the knowledge and the expertise of the aspirants, and many more. Government companies or institutions pay more as compared to private companies or institutions. The average salary ranges from INR 3 LPA - 10 LPA.
Read More about MBA Marketing Salary
The scope of an MBA in Marketing is proliferating and flourishing in today's global economic market. To reach out to every customer globally and with full efficiency, companies are looking for individuals who have completed their MBA Marketing. A marketing head or an individual who supervises and oversees different marketing activities is something that every organization requires - marketing activities such as promotions, advertisements, sales, media, entertainment, and many other activities. MBA Marketing in India is highly popular and propmotes a good career growth.
Some of the respected job positions with high paying salaries are listed below:
|Job Positions||SALARY (in LPA)|
|Marketing Manager||INR 9 LPA|
|Media Planner||INR 3.7 LPA|
|Business Development Executive||INR 4 LPA|
|Brand Manager||INR 10 LPA|
|Market Research Analyst||INR 3.56 LPA|
|Asset Manager||INR 5 LPA - 7 LPA|
|Sales Manager||INR 5 LPA - 6 LPA|
|Product Manager||INR 16 LPA|
|Corporate Sales||INR 5 LPA|
|Public Relations Manager||INR 4 LPA -7 LPA|
|Digital Marketing||INR 3 LPA - 4 LPA|
Top Recruiting Companies
The marketing sector has had its share of ups and downs in recent times. But it is growing with each passing day. The individuals working in this sector, or those who wish to work in this sector, are expected to have some skill-sets. Individuals develop these skills over time. Different job roles come with other skills, which is essential for the aspirants to create while studying or working in this sector.
Some of the essential skills are listed below: