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Master's Degree in Business: Strategic Marketing Specialisation
What goes into making a brand household name? It is a combination of numerous factors but one thing is for sure: strategic marketing plays a decisive role in today’s fast-paced, competitive and digital economy. So, what is this magic formula to make products stand out and succeed?
Michael Dell puts it succinctly, “The idea of being all things to all people is a thing of the past.” Target markets are no longer characterized by homogeneous groups of customers. Unique and diverse sub-groups demand more personalized approaches. Brands and products need a unique value proposition that is aimed at a well-defined target market supported by a meticulous understanding of the target customers and ways to resonate with them. This calls for tailored approaches in all aspects whether it is pricing, product development, distribution, promotion or defining customer segments and their needs.
Furthermore, as digitalisation infiltrates all aspects of our lives, businesses must upgrade their strategies to reflect this change and embrace everything digital. The importance of utilizing cross-channel communication with a special focus on digital media and data-driven decision making cannot be highlighted enough. The importance of social media, mobile, and online engagement has grown tremendously in the past few years.
Course content
The Master's specialisation in Strategic Marketing is offered within the Master's in Business programme. The broad curriculum for Strategic Marketing is a combination of specialised and general modules along with a practice project and the Master’s thesis. In this specialisation, you will gain strategic marketing expertise through specialised courses and projects. You will develop an in-depth understanding of marketing, brand building and brand management. At the same time, you will learn how to shape marketing strategies using strong marketing intelligence and capitalize on the gamut of digital platforms that are at your disposal. Here’s the list of specific modules in the course:
As the course also integrates a concrete understanding of business management and the diverse business functions, you will be able to see marketing in the larger context of business management and align marketing strategies with the core business strategies. Furthermore, you will develop sound management and leadership skills which will enable you to succeed in dynamic interdisciplinary and collaborative contexts.
Potential careers after graduation
After your specialisation in Strategic Marketing, you are qualified for a wide range of professional positions in marketing both in Germany and abroad. By the time you graduate, you will not only have a strong expertise in strategic marketing, but also outstanding practical skills and leadership potential which will help you distinguish yourself in the job market. Potential employers for our graduates are corporations, start-ups, media agencies, e-commerce companies and so on. Some interesting professional roles you could find, among others, are the following:
Our focus on practice
A firm focus on practice lies at the heart of all courses at Macromedia University. A well-maintained network of more than 500 company partners support our students with real-life practice projects in the Master's programme. This is your chance to apply and expand the classroom knowledge directly in practice. In our project portal, you can get a first impression of our cooperation with the top companies in the industry. These include, among others, the Sky Group, ProSiebenSat.1, Rolls Royce MotorCars Ltd. and Microsoft. Our professors will guide you during your entire studies and ensure that you gain practical experience in all aspects of business management. They run exciting projects that allow you to test the course content in a practical context helping you gain hands-on skills that will be valuable in your professional life.
Academic qualification equivalents
English language requirements (one of the below):
Type | Private |
Campus setting | Urban |
Cost of attendance | 12000 USD to 15000 USD |
Campus housing capacity | Not available. |
Acceptance rate | 90%-100% |
Year of establishment | 2006 |
Medium of instruction | German and English. |
Financial aid | Scholarships |
The students must have enough funds for living in Germany. The cost of travel and accommodation is also needed to be estimated beforehand. Here is the cost of attendance for B.A students:
Fee | EU Students | Non-EU Students |
---|---|---|
Tuition fee per semester | 5300 EUR | 5300 EUR |
Registration fee | 500 EUR | 750 EUR |
Here is the cost of attendance for M.A students:
Fee | EU Students | Non-EU Students |
---|---|---|
Tuition fee per semester | 6500 EUR | 6500 EUR |
Registration fee | 500 EUR | 750 EUR |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |