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The differences between market managers and business administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a market manager, becoming a business administrator takes usually requires 1-2 years. Additionally, a market manager has an average salary of $88,058, which is higher than the $72,503 average annual salary of a business administrator.
The top three skills for a market manager include customer service, business development and strong analytical. The most important skills for a business administrator are customer service, powerpoint, and payroll.
| Market Manager | Business Administrator | |
| Yearly salary | $88,058 | $72,503 |
| Hourly rate | $42.34 | $34.86 |
| Growth rate | 10% | 5% |
| Number of jobs | 177,886 | 103,025 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 59% |
| Average age | 39 | 43 |
| Years of experience | 10 | 2 |
A marketing manager is an executive who manages a brand or product's promotion positioning. Marketing managers analyze the trends in the industry and the demand for certain products and services. Typically, they attract more customers to purchase products and/or services and raise brand awareness through marketing campaigns. They research, identify, examine, and evaluate product demand. Also, they review advertising materials like print ads to boost the marketing strategy of the company and strengthen its campaign.
A business administrator is responsible for monitoring the efficiency of daily business functions, ensuring the timely submission of project deliverables, and supervising project management procedures. Business administrators coordinate with existing and potential clients for business offers and updates, negotiating contracts, and identifying business opportunities from the market trends to generate more revenues and increase profitability. They work closely with other department heads to meet clients' demands and public interests, as well as hiring and training new staff to maximize the company's productivity and boost best efforts.
Market managers and business administrators have different pay scales, as shown below.
| Market Manager | Business Administrator | |
| Average salary | $88,058 | $72,503 |
| Salary range | Between $54,000 And $143,000 | Between $45,000 And $114,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | BP America Inc | Novartis |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a market manager and a business administrator in terms of educational background:
| Market Manager | Business Administrator | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between market managers' and business administrators' demographics:
| Market Manager | Business Administrator | |
| Average age | 39 | 43 |
| Gender ratio | Male, 66.1% Female, 33.9% | Male, 33.3% Female, 66.7% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 9.2% Unknown, 5.1% Hispanic or Latino, 12.8% Asian, 8.7% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 9% |