nyc vs boston by: brynn jackel. career: marketing manager city:new york city (manhattan), nyboston,...
TRANSCRIPT
NYC VS BOSTON By: Brynn Jackel
CAREER: MARKETING MANAGER
City: New York City (Manhattan), NY
Boston, MA
Monthly Salary $61,000 $56,000
Rent for 1-Bedroom Apartment
$2932 $1943
Budget for Groceries $250 $300
Car Insurance $4122 $1681
Utilities* $205 $264
Health Insurance** $357 $437
State Income Tax 4-8.82% (depending on tax bracket)6.24% based on salary
5.2% (flat rate)*Utilities = electricity, heating, water, garbage, and internet
**Health Insurance = average monthly premium for individual plan
GRAD SCHOOL?
Not necessary
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations.
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
HOWEVER, IT CAN HAVE SOME BENEFITS…If you do chose to get an MBA (with a concentration in marketing) it can advance your career in these ways:Your Professors are valuable industry contactsHaving an MBA increases your credibilityYou can attend interesting events through your MBA courseHaving and MBA makes your more suitable for leadership rolesHaving an MBA can increase your earning potential
According to US News & World Report, in 2013 the average cost of the top 10 business schools in the U.S. was $111,418 for tuition in a two-year MBA program.
ADVANCEMENT OPPORTUNITIESIf you were to get promoted from a Marketing Manager to a Marketing Director, your salary would increase to ~$133, 000. An MBA could help you to get this raise.
Learned in Informational Interview:•Ms. Wessleman worked her way up from Marketing Manager to VP of Brand Design Operations in the span of 18 years
JOB TITLES AND EARNINGS OPTIONS ASSOCIATED WITH MBA IN MARKETINGJob Title Salary
Brand Manager $121,790
Managing Director $133,000
Sales Produce Manager $153,045
Senior Marketing Manager $160,783
VP of Brand Design Operations $192,288
SOURCES
http://www.robertwalters.co.uk/marketing/CareerAdvice/is-an-mba-important-for-marketing-professionals.html
http://www.onetonline.org/link/summary/11-2021.00
http://www.investopedia.com/articles/professionaleducation/09/mba-real-costs.asp
http://career-advice.monster.com/salary-benefits/salary-information/best-paying-mbas/article.aspx
http://www.mba-online-program.com/marketing-mba.html
http://www.payscale.com/research/US/Degree=Master_of_Business_Administration_(MBA),_Marketing_%
26_Management/Salary