For a good start, you should get a Master's in Business Administration in marketing, especially if you are interested in high-paying media jobs. This will open up jobs like brand manager, product manager, marketing manager or an account manager. So those in school to study for their Master's generally take classes in managerial accounting, financial management, project management, and cost analysis.
Then there is this option, going into business for yourself. There is great potential for online marketers. Here you would need to be good at writing advertisements plus brief about your product or service.
To be an Account Manager you will be responsible for several accounts, oversee other advertising accounting consultants, and be in charge of things like budget and administration. And the work does vary from one agency to another, but for the most part the job involves responsibilities such as managing high-profile client or top business leaders account portfolios. They help manage with all aspects of a major campaign, using networks of contacts to help generate revenue, leading and overseeing the training of team members, assisting account executives, managing project activity, making sure that necessary tasks are undertaken by the team, getting the sales targets for the company, making sure that the sale presentations are done with high-level executives, attending meetings that the client set up, maintaining and growing good relationships with the present clients, and completing the necessary administrative paperwork on time.
That is why it takes time and education to get an Account manager job.
So earning that degree in Master’s in Business Administration will make you not just more marketable in getting that job, but it shows that you will be prepared to handle just about any management role that modern corporation, business, and or organization that comes your way. The type of job you get will depend on what that Master’s in Business Administration is.
Take for instance, you got a Master’s in Marketing you will probably be able to get a job in marketing; whereas someone who got their Master’s in Business Administration in finance will probably get a job in the finance industry. But then as someone who got their general Master’s in Business in Administration can get a job in almost any sector of business.
Graduates in Business Administration commonly get jobs in the following fields: Accounting, Consulting, Finance, General Management, Human Resources, sales, and marketing. Plus they can pursue careers as Corporate Marketing Director, Interactive Marketing Manager as well as advertising jobs and media employment. The potential to make the base salary of $ 80,000 or more is greater for the graduate than for others.
The is a new development in business and client relations called staffing account manager in the third party contingency recruiting. For the most part the account managers are to call clients, take the job orders, and take over the employment process for the human relations manager.
Account managers get paid in several ways:
Base plus commission package, and an expense account is the most common. The wage starts at about $24,000 and goes up to $ 60,000. Some companies pool commissions in the hope to create teamwork.
The most common way to make commissions in general is based on the net profit. That is defined as the full fee in the direct placement, the net profit in contact staffing.
For an example, if someone makes a direct placement for 20,000, the account manager gets 10% of that 20,000 or 20% of his half of the fee and the other half going to the person doing the recruiting. Just a warning though when the percentage is higher there is a chance of not getting a base salary. When companies ask for gross margin percentage, generally they tend to look for account managers who are successful in negotiating 25-30% gross margin percentages. Translation — if you want to bring home $100,000 of personal income then you need to negotiate at least $600-700,000 total a year.
Bottom line is to get a job as an Account manager you need to earn a Master's in Business Administration or a general one at the least to make you more marketable to companies looking for someone who can manage the accounts.
