Marketing

Marketing is an essential function of every business in every industry. It deals with the relationship between products and/or services and the consumers in the marketplace which access them. A common assumption is that marketing is the advertising or public relations arm of an organization. While these are certainly included, marketing involves every step in the life cycle of a product or service, including research and development, testing, rollout, promotion, feedback, and more.

Career Outlook

 


23% Job Market Growth

$63,230 Median Salary

 

Employment of market research analysts is projected to grow 23 percent from 2016 to 2026, much faster than the average for all occupations. Employment growth will be driven by an increased use of data and market research across all industries.

The median annual wage for market research analysts was $63,230 in May 2017. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $34,510, and the highest 10 percent earned more than $122,770.

In May 2017, the median annual wages for market research analysts in the top industries in which they worked were as follows:

Publishing industries (except Internet)$73,070
Management of companies and enterprises$72,680
Finance and insurance$71,190
Wholesale trade$60,890
Management, scientific, and technical consulting services$60,800

Program Stats

Our Alumni Work in these Occupations

  • Product and Marketing Specialists
    9
  • General and Operations Managers
    9
  • C-Suite Executives
    9
  • Business Development and Marketing Managers
    5
  • Higher Education Administrators
    5
  • Sales Managers
    5
  • Office Managers and Administrative Supervisors
    4

Our Alumni Work Here

  • Loma Linda University
    4
  • Stage Marketing
    3
  • Enterprise Holdings, Inc.
    2
  • Enactus
    2
  • August Law Group, P.C.
    2
  • Adventist Health
    2
  • EPICYCLE LIMITED
    2

Student Learning Outcomes

  1. Demonstrate understanding of key issues and the acquisition of key skills related to:

    • accounting
    • business ethics
    • finance
    • management
    • marketing
    • quantitative business tools
    • the economic environment of business
    • the international environment of business
    • the legal environment of business
    • the social environment of business
  2. Integrate understandings of and skills related to functional business areas and relevant environmental contexts in the course of strategic business decision making.

Partial information in this page was retrieved from Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Market Research Analysts, at https://www.bls.gov/ooh/business-and-financial/market-research-analysts.htm (visited October 29, 2018).