Does an MBA in Marketing Pay More Than Finance?

Updated on : December 4, 2021 by Jackson Gill



Does an MBA in Marketing Pay More Than Finance?

Hello there,

Yes, MBA Marketing earns more than MBA Finance. His only important point is that you have to be extraordinary and some personal skills like great communication and knowledge of your field.

For instance,

Their two sons named them X & Y, both at the same university and in the same class, both of them earned an MBA in Finance. Mr. X in senior private bank who works as a relationship manager, his job is to sell all the bank's products from credit card to loan. Mr. Y at the credit rating agency the main job is data analysis and making a report. They both learn the same, but due to their own personal abilities, they earn differently. Mr. X wins

Keep reading

Hello there,

Yes, MBA Marketing earns more than MBA Finance. His only important point is that you have to be extraordinary and some personal skills like great communication and knowledge of your field.

For instance,

Their two sons named them X & Y, both at the same university and in the same class, both of them earned an MBA in Finance. Mr. X in senior private bank who works as a relationship manager, his job is to sell all the bank's products from credit card to loan. Mr. Y at the credit rating agency the main job is data analysis and making a report. They both learn the same, but due to their own personal abilities, they earn differently. Mr. X earns 30,000 to 40,000 per month and Mr. Y earns 20,000 to 25,000 per month.

If you take a closer look at the market, you will find that most company CEOs have a background in marketing.

I hope you find your answer.

Have a great day. All the best for your career.

Photo Credit = https://www.google.com/url?sa=i&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwi2ju_yxbHlAhUdT48KHQmVAIAQjhx6BAgBEAI&url=https%3A%2F%2F&wterest2Fpin2F% 2F&wterest.com = 1571891382151432

There is no such necessary rule, however this may be true in most circumstances.

Let's understand certain things:

  1. The marketing department is a revenue center for an organization, while the finance department is a cost center.
  2. therefore, the number of employees in the marketing department will be higher compared to the finance department.
  3. so one thing is for sure, the growth rate (if it performs well) in the marketing department is faster compared to the finance department.
  4. The marketing guys, too, earn incentives and other benefits like travel vouchers, food vouchers, travel vouchers, etc.
  5. Marketing job
Keep reading

There is no such necessary rule, however this may be true in most circumstances.

Let's understand certain things:

  1. The marketing department is a revenue center for an organization, while the finance department is a cost center.
  2. therefore, the number of employees in the marketing department will be higher compared to the finance department.
  3. so one thing is for sure, the growth rate (if it performs well) in the marketing department is faster compared to the finance department.
  4. The marketing guys, too, earn incentives and other benefits like travel vouchers, food vouchers, travel vouchers, etc.
  5. Marketing jobs can also involve traveling within or outside of India, which can be seen as an advantage.

In short, an organization will pay more attention to a better performing type of marketing than to a type of finance.

I hope that helps!

There is no hard and fast rule for this.

It all depends on the value that one creates and the need for the organization.

If it is a finance related company, they will pay more to MBA Finance. If it is a marketing related company like FMCG etc they will pay more to MBA Marketing.

By the way, there are many more marketing companies than finance related companies. In finance-related companies, MBA finance has to compete with CAs.

Hello ayushi,

Normally speaking, you pay no more than finance, finance graduates get more than one type of marketing.

But if you have a strong interest in marketing and it is your forte, you will definitely get more than the finance guys because they have children with limitations but you don't.

So don't doubt yourself, if you like marketing, go for it.

Hope this will help you.

Stay focused

Shailendra singh

As a Finance guy, yes they do and damn more than Finance to MBA with Marketing guy, but if you're confused between finance or marketing then take Marketing as your major and finance as your second subject.

You will definitely get a good salary package if your university offers dual majors.

Although both the MBA in Finance and the MBA in Marketing have almost the same value in terms of salary in the corporate sector, the MBAs in finance enjoy a slightly better reputation.

Hello ayushi

Your package will be determined by your knowledge and approach rather than the current you have chosen

Do not choose the specialization based on the package, choose your interest and then work hard on all aspects such as academics, current affairs, personality development, etc.

Believe me, you would get a satisfying package that

#Happy learning

For more information read my other

Vote and share this, if it was useful, it would motivate me to answer more questions.

If you are very organized and don't feel strange doing a 9 ax job for the rest of your life in an office, choose finance.

Benefits and Features You Will Have When You Choose Your Career in Finance:

  • You will file your income tax return on time and without hassle.
  • You will be able to manage your life on almost half the money compared to your friends or other non-financial counterparts.
  • You can comfortably test your hands in the stock market, although you may or may not get the expected results.
  • Your family and friends will always enjoy your company, since you will be giving them advice to manage them.
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If you are very organized and don't feel strange doing a 9 ax job for the rest of your life in an office, choose finance.

Benefits and Features You Will Have When You Choose Your Career in Finance:

  • You will file your income tax return on time and without hassle.
  • You will be able to manage your life on almost half the money compared to your friends or other non-financial counterparts.
  • You can comfortably test your hands in the stock market, although you may or may not get the expected results.
  • Your family and friends will always enjoy your company, since you will be advising them in the management of their money or in their queries related to Income Tax.
  • You will be eagerly awaiting the annual budget and your phone will start ringing after the budget announcement, to get your opinion on the savings you will make.
  • You will always keep track of the inflation rate and preferably read the Economic Times or an equivalent financial newspaper.
  • You will love Excel sheets more than PowerPoint presentations.
  • You will tutor your own children in mathematics.

If you love challenging the status quo in your life, you can think creatively to attract attention or attract attention, you love desk work and you hate desk work, then of course you were born to do marketing.

Benefits and characteristics of entering the marketing career:

  • You will have your profile on Twitter, Facebook and LinkedIn with a minimum of 1000 followers or connections in each one.
  • You will always dress well
  • You will use Google more than 50 times a day.
  • You will most likely have a nice living room compared to the finance guy / girl, until he / she beats you on the bank balance several times over.
  • You will end up reading over 100 emails / messages per day.
  • You will like the new audiovisual devices and will prefer to have an iPhone or a newer Apple device.
  • You will have a personal music collection.
  • You will smile more often than others
  • You love PowerPoint presentations more than Excel sheets
  • Owning a car will be a must for you at some point in your career.
  • Last but not least, you will have more friends in your circle than in finance.

Dear Parineeta,

Sorry about delayed answer

Please don't take an MBA in Marketing unless you're outgoing / good at public speaking / good at presentations, etc. large companies with good salaries (rarely, do not take this risk). Those that land in nationalized banks are the safest.

If you are an introvert, don't try this, because this is hell.

Most MBA universities promise a placement. Now the MBA degree is like a gold mine for universities. They will show everything

Keep reading

Dear Parineeta,

Sorry about delayed answer

Please don't take an MBA in Marketing unless you're outgoing / good at public speaking / good at presentations, etc. large companies with good salaries (rarely, do not take this risk). Those that land in nationalized banks are the safest.

If you are an introvert, don't try this, because this is hell.

Most MBA universities promise a placement. Now the MBA degree is like a gold mine for universities. They will show all the colorful pictures about the future prospects of MBA. In reality it is not so. In the universities you will see all the MBAs with Suit Boot. In company, you will hardly be able to use Suit Boot (especially in India). Students do not fall prey to such things.

Let me give you a bigger picture. Once you complete the MBA in Marketing, if you are lucky enough to land in a nationalized bank, it is really cool and you will be lucky otherwise you will work as

Cashier (cashier) in banks like HDFC, ICICI, insurance companies, all of these are full of goals. They will squeeze you. The environment in that bank is not good at all. You can imagine it yourself. People who have such a big sales goal is how they will treat young people. Phew it's like a pressure cooker. Always sitting on fire.

I have seen many brilliant students doing this work. Parents invest their hard-earned money in their education thinking that they will get a managerial position in good company. Many bright students, both boys and girls, will end up selling bank accounts, insurance, and all that.

but in digital marketing it is totally different

Advantages of digital marketing (Internet marketing):

  • Internet Marketing Can Reach Specific Customers More Effectively

One of the key features of complete internet marketing is that these digital marketing tools were designed to target specific groups of customers or audiences. Unlike traditional media marketing where ads are broadcast to anyone, even those who don't like or aren't interested in a particular product or service. Internet marketing, which is a form of inbound marketing, attracts specific customers who are specifically looking for the brands, products, or services that a particular digital marketing campaign is targeting.

  • Internet marketing offers immediate results

eMarketer reported that real-time marketing tools can bring businesses more benefits than other tools. Internet marketing is characterized by real-time interactions that can connect your business much more effectively with target customers. What you get are immediate results from your marketing efforts. The results are above-average conversions to leads or sales each time a target customer visits your landing pages or websites, as outlined in the chart below HubSpot's 2013 Inbound Marketing Status Report.

  • Internet marketing is profitable

Compared to traditional media marketing, internet marketing is much more profitable. Internet marketing also does not require ridiculously large amounts of investment like what companies have done in the past with mass media marketing. Internet marketing channels are cheaper compared to traditional media channels, and in many cases, websites can even generate traffic for free.

Some companies also do not need to spend large amounts on property rentals, maintenance fees, and general costs for warehouses, as products can be shipped directly from your supplier to your end customer. Gartner Research Director Adam Sarner said that more and more people are relying on mobile marketing and social media to make purchases, leaving mass media marketing with a response rate of 2%. The following HubSpot chart highlighted that up to 27% of digital marketers reported spending the lowest total average lead costs on social media and email marketing,

  • Internet marketing can reach a wider or even international audience

Since most internet marketing activities are done online, businesses are not subject to physical limitations when it comes to reaching a wider audience. The world was simply made smaller with Internet marketing, allowing companies to move from one part of the world market to another as if they were only a few blocks from each other. Geographic distances are now meaningless with internet marketing, allowing businesses to reach and engage with target customers more than they could using traditional marketing methods.

  • Internet marketing results are measurable

Unlike traditional media that record vague metrics or inaccurate survey results from a sample of the actual target population, internet marketing results are easily measurable and available in real time. Every click or visit to a landing page or websites, registrations, and online purchases can be measured very accurately, allowing digital marketers to easily assess which particular internet marketing tool will work for them and deliver the best results. On top of that, internet marketing analytics data can also give digital marketers a better perspective on the buying behavior of their target customers, among other things.

  • Internet marketing can be customized

Not only is internet marketing highly targeted, but offers and programs can be tailored or personalized based on the profiles and other consumer behaviors your target audiences exhibit. This will give your customers better value for what they have paid, as well as a better understanding of the type of products and services that your customers need and are looking for, that your business can provide or develop.

  • Internet Marketing Helps Build Relationships

Traditional marketing is one-way and there is very little or no interaction between an advertiser and the end customer. With internet marketing, engagement is key and being able to interact with specific customers in real time can help build better customer-supplier relationships, generate higher levels of trust, and generate great customer loyalty that benefits both the company as well as its clientele.

  • Internet marketing can harness the power of social media

In an article by Umass Darthmouth, it was reported that a third of the companies listed in Inc. 500 report the ability to financially determine the return on their social media investment. The popularity of social media has reached a point where it has become highly influential in influencing consumer buying patterns and decisions online, a fact that companies can leverage and leverage heavily in their strategies and Internet marketing campaigns.

  • Internet Marketing Levels The Playing Field Between Large and Small Businesses

With internet marketing, the difference in size, amount of manpower, and available resources are no longer the main factors in achieving success and income through your marketing campaigns. The efficiency and effectiveness with which you use Internet marketing channels will generate the results you need, leveling the field that has allowed small and future businesses to compete with the big ones.

  • Internet marketing is available 24 hours a day, 7 days a week

The World Wide Web never sleeps and so does Internet marketing, allowing resource-poor businesses to maintain physical operations around the clock to compete in the digital marketplace using Internet marketing tools that can operate virtually 24 hours a day. day and 7 days a week.

Disadvantages of digital marketing (internet marketing):

  • Internet marketing campaigns can be copied

One of the dangers of internet marketing is that a competitor can easily copy a particular campaign, and many have done so without considering the legal ramifications their actions can bring. Trademarks or logos can be used to defraud customers out of significant market share. Not only that, they can also be used to perpetrate negative and misinformation about your brand, product or service that will ruin your online reputation and lose valuable targeted customers.

  • Internet Marketing Can Choke On Too Much Online Advertising

With both legitimate businesses and questionable entities like trolls, spammers, and scammers present in the digital marketplace, the internet is flooded with a great deal of online clutter. It would really be doubly difficult for internet marketers to get noticed by their target customers. Some consumers now have a tendency to simply ignore internet advertising, causing legitimate businesses to lose valuable traffic and, of course, revenue in the process.

  • Internet marketing will not be taken seriously if it is not done in a professional manner

Business owners and digital marketers need to focus on taking their internet marketing campaigns to professional levels, otherwise they won't be taken seriously by their target customers. First impressions really matter whether you use traditional or internet marketing and advertising channels, so it would be a great advantage for you to maintain consistency and professionalism in whatever channel you use for your campaigns.

  • Internet marketing may not be appropriate for your product

Some brands, products, or services have specific audiences that Internet marketing channels may not reach. Some products and services are aimed at seniors and only a few percentages are tech savvy and may not have access or even know how to connect to the internet. If that's the case, you will only waste time and resources marketing your products or services over the Internet.

  • Internet marketing involves too much competition

Like the proliferation of online ads, internet marketing faces a huge challenge from too much competition. Digital marketers are struggling to get in a better position to gain optimal visibility for their marketing and advertising campaigns, and in the presence of too much competition, it will be doubly difficult and expensive to get the attention of target audiences.

  • The reputation of internet marketing can be hurt by negative comments

Digital marketing tools are prone to your perennial negative feedback problem that can damage your online reputation. A single post or tweet that smears or gives wrong claims and negative comments about your products or services can mark and ruin your reputation on the Internet for a long time.

  • Internet marketing relies heavily on technology which can be error prone

Digital marketing makes use of and is highly dependent on technology. In many cases, technology can fail and produce erroneous results that can seriously affect your Internet marketing campaigns. Non-working links to important landing pages, non-working payment buttons, and the like can ruin your control of your target audiences and lose good business.

  • Internet marketing is not yet accepted by all people

Finally, not all people have already accepted the idea of ​​Internet marketing, preferring to choose or give more importance to the products that they can really touch before buying. Many are still concerned and have serious doubts about the security of online transactions and fear conducting one for business purposes. Focusing solely on internet marketing will prevent you from reaching a target audience in this category, which can still be quite sizeable in terms of numbers.

As the Internet continues to evolve, new Internet marketing technologies will emerge that will define how products and services will be marketed in the near future. Gaining a better understanding of the power of internet marketing through a comprehensive view of its advantages and disadvantages will prepare business owners and digital marketers for years to come.

As a woman, I recommend that if you want to do an MBA, go to MBA (Finance or Hr)

Hello dear friend,

The chances for people to get a job after completing an MBA are quite high. In addition to being a highly sought-after graduate degree, a master's degree in finance will prove to be one of those in demand everywhere.

In fact, MBA finance students are needed in corporations, banks, asset management companies, and more.

They will be accepted to help financial improvement within the specific company that hires them. In addition to this, job opportunities are offered for candidates not only in our country but also abroad. The many career opportunities

Keep reading

Hello dear friend,

The chances for people to get a job after completing an MBA are quite high. In addition to being a highly sought-after graduate degree, a master's degree in finance will prove to be one of those in demand everywhere.

In fact, MBA finance students are needed in corporations, banks, asset management companies, and more.

They will be accepted to help financial improvement within the specific company that hires them. In addition to this, job opportunities are offered for candidates not only in our country but also abroad. This article describes the many career opportunities that are available to MBA finance students.

Career in the private sector after MBA in Finance

There are numerous private sector companies that need finance students. In addition to offering challenging jobs, candidates will also be recipients of lucrative salaries. Because this sector grows faster than the public sector, the possibilities for exciting opportunities are greater. Some of the publications that are available to students at the entry level are:

Credit risk management analyst

Financial Research Analyst

Financial / Securities / Investments Analyst

Personal financial advisor

Portfolio manager

As students learn about the finer aspects of economics, banking, accounting, and the structure of the market, etc. In their MBA program, they will provide value for businesses, especially companies in the banking sector.

Government career after MBA in finance

Job opportunities for students who have completed their MBA finance studies are also quite high in the public sector. They may get jobs as administrators, finance officers or accountants in the many departments of the Indian government. They can even get jobs under the Ministry of Human Resources of the Government of India.

Some of the government industries that accept MBA finance students include:

Bharat Dynamics Limited

Center for the Development of Advanced Informatics (CDAC)

HLL Life Care Limited

National Dairy Development Board (NDDB)

National Small Industries Corporation Limited (NSIC)

National Thermal Energy Corporation (NTPC)

Rajasthan Electronics & Instruments Limited (REIL)

Shell Technologies

The Repatriates Co-Operative Finance And Development Bank Limited

Visakhapatnam Steel Plant

Apart from those mentioned above, there are many public sector business organizations in India that are growing at a significant rate. This, in turn, will provide increasing job opportunities for MBA finance students.

Career abroad after MBA in Finance

The chances of getting a job in foreign countries are quite high. Many multinational companies welcome MBA students and offer them good salaries. To get good jobs at companies like this, students must have the required work experience, as well as a certification from a recognized university. Job profiles include:

Banking Analyst

Investment risk analyst

Mergers and acquisitions analyst

Finance manager

Principal Analyst Investigation

Analysis of the R&D portfolio

In addition to providing jobs, companies also offer internships for desired candidates. In this way, they will be able to acquire practical training and experience through these one-year paid internships.

Long-Term Career Roadmap for MBA in Finance

A professional in the MBA finance field can get good jobs with more experience and in-depth knowledge about this field. They may grow into positions of the highest level over time. Some of the positions are made up of:

Finance Manager for Specialty Markets

Financial Analysis Manager

Financial analyst

Senior Financial Planning Analyst

Marketing and sales of global capital markets

Investment Banking Associate

Risk management

Senior Financial Analyst

In addition to the more conventional career paths, candidates can also opt for areas such as corporate finance, business support, wealth management, risk management, and financial analysis and trading. Some of the other areas that a person interested in finance can tackle are Asset Research and Management, Private Equity, and Venture Capital. The main functions of MBA finance specialists in areas such as these will be to guide and provide help, advice and suggestions to people of all walks of life.

good luck...

The two are really difficult to compare in terms of packages. In fact, all specializations give you the same opportunities for the same thing. It totally depends on an individual.

If you're more numbers-oriented, you're a finance chief, and if you have an outgoing, outgoing personality, and good communication skills, then marketing would be a great option.

Actually, you should interact with people who have already completed their MBA. You will learn more about the lifestyles of these 2 people and how much they differ.

Don't just search for packages, see where your interest is (because you will have

Keep reading

The two are really difficult to compare in terms of packages. In fact, all specializations give you the same opportunities for the same thing. It totally depends on an individual.

If you're more numbers-oriented, you're a finance chief, and if you have an outgoing, outgoing personality, and good communication skills, then marketing would be a great option.

Actually, you should interact with people who have already completed their MBA. You will learn more about the lifestyles of these 2 people and how much they differ.

Don't just look for packages, see where your interest is (as you will have to work on the same thing for the rest of your life) and what kind of pressure you are ready to accept and under which to work.

I was in the same dilemma a couple of months ago when I decided that the MBA in Marketting was "the most important thing" for me, and then I realized that how difficult it was for me, rather than finances, suited me better. And now I've totally decided and it's not about the package. I've seen people in Marketting earn more than Finance (investment bankers) and HR hell earning more than both and vice versa.

Therefore, the part of the package will be entirely up to you and how much effort you are ready to put in and how efficiently you will be working. You will get the same opportunities in both streams.

I hope this helps.

If anything else just pm.

Thanks for the A2A.

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