According to the US Bureau of Labor Statistics, the average yearly pay for Marketing Managers is $153,440, compared to the average annual salary of $103,020 for Financial Analysts. This means that Marketing Managers earn a significantly higher salary than Financial Analysts.
However, it's important to keep in mind that the salary of an employee can be influenced by factors such as location and experience. In particular, Marketing Managers working in New York (with a salary of $190,760 on average) may earn more than those in Mississippi ($99,060). To provide another instance, Financial Analysts in New York have an average salary that is 84% higher than those in Utah.
Marketing Managers vs Financial Analysts overview
Marketing Managers and Financial Analysts are crucial to the Professional, Scientific, and Technical Services industry. People are often interested in learning about the distinctions between these job titles, including the average earnings for each of them.
Marketing Manager job description
Marketing Managers plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
Marketing Manager education and experience
The majority of Marketing Managers (56%) have obtained a Bachelor's Degree. However, among employees in this occupation, there are also some with a Master's Degree (24%) and a First Professional Degree (11%). When it comes to experience, about a third of Marketing Manager jobs require a 8 to 10 years of work-related experience. A smaller percentage of jobs (19%) require a previous experience of 4 to 6 years.
Marketing Manager average salary
The US Bureau of Labor Statistics has reported that in 2021, there were 278,690 Marketing Managers working in the United States, and on average, they earned $153,440 per year. The bottom 10 percent earned $77,680 or less, and the top 10 percent earned $208,000 or more. Compared to the previous year, the average salary is down by 0.7%.
Do Marketing Managers make good money?
Marketing Managers usually receive good salaries, as their average salary is almost two times higher than the average wage in the United States ($58,260). Additionally, they earn 68% more than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).
Marketing Managers usually receive good salaries, as their average salary is almost two times higher than the average wage in the United States ($58,260).
Marketing Managers job growth
There has been an increase in the employment of Marketing Managers in the last two years. In 2021, there have been 8,490 more positions than the previous year nationwide, which marks a rise of 3.1%. Job growth has averaged 5.1% for the last 3 years.
Financial Analyst job description
Alternative names: Financial and Investment Analysts
Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.
Financial Analyst average salary
Based on data from the US Bureau of Labor Statistics, 291,880 Financial Analysts were employed by the United States in 2021, and their average annual salary was $103,020. The bottom 10 percent had earnings of $57,900 or less, and the top 10 percent had earnings of $166,560 or more.
Do Financial Analysts make good money?
The average salary of Financial Analysts is 77% higher than the average salary in the United States ($58,260). However, they earn 13% less than the average pay of the Securities and Financial Investments industry ($119,040).
The average salary of Financial Analysts is 77% higher than the average salary in the United States ($58,260).
FAQ
Do Marketing Managers or Financial Analysts make more?
Marketing Managers make about a half more than Financial Analysts. The average annual pay for Financial Analysts is $103,020, compared to $153,440 for Marketing Managers.
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