Marketing is critical in modern firms as it helps drive customer acquisition, satisfaction, sales and thus corporate strategy. Many students now choose to do a Masters in Marketing course to significantly boost their job opportunities, and move into marketing-specific jobs.
As a sign of the growing significance and popularity of the programs, included in the QS World University Rankings 2019 was the first ever Masters in Marketing Ranking, of which Columbia Business School sits atop.
Masters in Marketing makeup
A Masters in Marketing (MiM) will cover the core marketing skillset, including consumers, communication and strategy, as well as management themes.
The one-year, full-time program at Durham University Business School in the UK is split into three terms and includes several electives in new venture creation, consulting, and innovation and technology management. Students also complete a dissertation or business project based on a real commercial challenge faced by an organization.
Xinming He, associate professor of marketing, and director of the program, says brand-savvy students are encouraged to apply if they want to craft creative, actionable marketing plans that have a direct impact on organizations’ goals and profitability.
He says, “Marketing is of strategic importance for organizations, both for-profit and non-for-profit, as it helps achieve the satisfaction of customers and short- and long-term case flow. It forms a crucial function of modern organizations that helps shape and direct corporate strategy.”
At Melbourne Business School in Australia, marketing students study some core business subjects that are delivered in an MBA, such as leadership, managerial economics, financial accounting and people management.
Ujwal Kayande, associate dean, says, “The majority of our marketing students decide to complete both an MBA and a Master of Marketing double degree to ensure they have a broad set of general management skills as well as a specialization.”



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