When you have a master’s degree in advertising, the amount of money you earn will vary depending on the position you hold. With a graduate degree in advertising, you can become an advertising manager, public relations manager or marketing manager. The various career options that are available for those who have graduate degrees in advertising determine how much you get. Each position has a different salary based on the responsibilities you will have.
As an advertising manager, your average salary will depend on how big the agency you work for is. Location of the agency will also determine how much you earn. Companies that are found in the big cities pay higher salaries compared to the rural based ones. The average salary for an advertising manager is $63,000 a year. You can make more than this with your graduate degree if you work in a high tech industry like the computer and cell phone industry. Advertising managers in such environments make about $100,000 each year. You will also get several benefits on top of the high salary package including health and life insurance, holidays and retirement. Advertising managers also get stocks and bonuses in the companies and take a share of the profits.
Your Masters in Advertising gives you a chance to work as a public relations manager where your average annual salary will be about $70,000. This can vary depending on the specific company you work for and the location. The kind of experience will also play a role in the decision about your salary. Some public relations managers earn up to $250,000 each year.
With a master’s degree in advertising you can also become a brand or product manager. The average salary for this type of manger is about $75,000 per year but this can be higher depending on your experience and benefits. A senior brand manager for example earns about $105,000 in a year.
If you have a master’s degree in advertising, you can work as an advertising sales manager. As a beginner, you will earn about $25,000 but with more experience you can get double this amount.