Choose your pathway: Sales Manager
Did you know sales managers are ranked #2 in “Best Sales & Marketing Jobs” and #75 in the “100 Best Jobs” for 2016 by U.S. News & World Report? An online MBA with a Marketing concentration can prepare you to drive sales, work with marketing departments, and reach short- and long-term sales goals as the manager of your own sales team.
What do sales managers do?
Sales managers are leaders who serve as coaches to their sales team. They advise sales representatives on techniques and areas for improvement, and encourage their team to perform to their highest ability. While many of a sales manager’s responsibilities are internal, these professionals may work with vendors and distributors. They also work closely with managers of other departments to help share sales knowledge that may be leveraged in other ways.
There are two types of sales managers: Business to business (B2B) or business to consumer (B2C) managers. B2B sales managers sell products or services that cater to other businesses. They may work for a wholesaler or retailer, where a B2C sales manager sells directly to consumers. These professionals can work in a variety of settings, including retail or automotive sales.
What is the career outlook for sales managers?
According to the U.S. Bureau of Labor Statistics, sales manager roles are projected to grow by
5% from 2014 to 2024. These professionals also benefit from an unemployment rate of 3.5%, which is less than the national average. With continuing growth and a low unemployment rate, sales managers can expect a steady stream of new jobs in the upcoming years.
What can you earn as a sales manager?
Sales professionals typically earn more than other business professionals at their level due to high salaries, benefits, and in some cases, commission. The median annual wage for sales managers was $113,860 in 2015, with the highest 10% taking home more than $187,200 per year.
Did you know that sales managers are ranked #17 in U.S. News & World Report’s “Best Paying Jobs” list? (2016)
An MBA degree alone can help you increase your earning potential, but a marketing concentration can take it even further. Marketing MBA graduates on average earned approximately $123,000 annually mid-career according to Poets & Quants, which is why marketing was named one of the “Best Paid MBA concentrations” by the site in 2016.
What’s your next step?
Step 1:and get started.
An enrollment advisor will contact you to start the enrollment process and answer any in-depth questions not covered in our FAQ.
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