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45,119 Bachelor's Degrees Annually
3,301 Master's Degrees Annually
#4 in Popularity
$103,330 Median Salary

Types of Degrees Majors Are Getting

The following table lists how many marketing graduations there were for each degree level during the last year for which data was available.

Education Level Number of Grads
Bachelor’s Degree 43,920
Master’s Degree 3,346
Basic Certificate 1,927
Associate Degree 1,686
Graduate Certificate 648
Undergraduate Certificate 533
Doctor’s Degree 18

What Majors Need to Know

O*NET surveyed people in occupations related to marketing and asked them what knowledge areas, skills, and abilities were important for their jobs. The responses were rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Marketing Majors

This major prepares you for careers in which these knowledge areas are important:

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  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
  • Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.

Skills for Marketing Majors

A major in marketing prepares you for careers in which the following skill-sets are crucial:

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  • Speaking - Talking to others to convey information effectively.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Abilities for Marketing Majors

As a marketing major, you will find yourself needing the following abilities:

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  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
  • Speech Clarity - The ability to speak clearly so others can understand you.

What Can You Do With a Major?

Below is a list of occupations associated with marketing:

Job Title Job Growth Rate Median Salary
Advertising and Promotions Managers 5.4% $117,130
Green Marketers 5.4% $117,130
Market Research Analysts and Marketing Specialists 23.2% $63,120
Marketing Managers 10.1% $134,290
Sales Managers 7.5% $124,220

Who Is Getting a Bachelor’s Degree in ?

43,920 Bachelor's Degrees Annually
55% Percent Women
29% Percent Racial-Ethnic Minorities*
This is one of the most frequently chosen business majors. It is the 4th most popular in the country with 45,119 students graduating with a bachelor’s in marketing in 2021. This major is dominated by women with about 55% of recent graduates being female.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of marketing majors is as follows:

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Race/Ethnicity Number of Grads
Asian 2,202
Black or African American 2,815
Hispanic or Latino 5,980
White 28,454
International Students 1,763
Other Races/Ethnicities 2,706

Geographic Diversity

Students from other countries are interested in Marketing, too. About 4.0% of those with this major are international students. The most popular countries for students from outside the country are:

  • China
  • South Korea
  • Saudi Arabia
  • India
  • Taiwan

How Much Do Majors Make?

Bachelor’s Degree Starting Salary

Salaries According to BLS

Average salaries range from $70,960 to $140,320 (25th to 75th percentile) for careers related to marketing. This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for a <nil> Major  ( 70960 to 140320 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some careers associated with marketing require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to marketing have obtained the following education levels.

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Education Level Percentage of Workers
Less than a High School Diploma 1.0%
High School Diploma - or the equivalent (for example, GED) 2.4%
Some College Courses 2.4%
Associate’s Degree (or other 2-year degree) 3.7%
Bachelor’s Degree 38.5%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 2.3%
Master’s Degree 17.2%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level. 0.7%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. 2.4%
Doctoral Degree 16.2%
Post-Doctoral Training 0.6%

Online Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 0 0
Certificate (1-2 years) 108 31
Certificate (2-4 Years) 3 1
Associate’s Degree 260 91
Bachelor’s Degree 98 43
Post-Baccalaureate 0 0
Master’s Degree 182 52
Post-Master’s 22 0
Doctor’s Degree (Research) 18 2
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Worth It?

The median salary for a marketing grad is $103,330 per year. This is based on the weighted average of the most common careers associated with the major.

This is 159% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,268,600 after 20 years!

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You may also be interested in one of the following majors related to marketing.

Major Number of Grads
Business Administration & Management 403,753
Accounting 93,982
General Business/Commerce 56,779
Finance & Financial Management 54,690
Management Sciences & Quantitative Methods 48,037
Human Resource Management 27,074
Business Support & Assistant Services 19,686
Hospitality Management 16,015
Management Information Systems 12,429
Entrepreneurial Studies 12,241
International Business 8,014
Real Estate 7,448
General Sales & Marketing 5,450
Business/Managerial Economics 5,151
Specialized Sales, Merchandising & Marketing 4,668
Other Business, Management & Marketing 4,606
Construction Management 4,158
Insurance 1,737
Taxation 1,447
Business/Corporate Communications 897
Telecommunications Management 68

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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