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Home Singapore Blog MBA Salary Secrets of Singapore Marketing Stars Revealed

Salary Secrets of Singapore Marketing Stars Revealed

Shivangi Mishra by Shivangi Mishra
May 8, 2024
in MBA
Singapore Marketing: Salary Secrets
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Singapore’s economy relies heavily on marketing and sales to drive business growth across sectors. As companies aim to attract digitally savvy consumers through omnichannel campaigns, the demand for skilled marketing managers continues to rise rapidly. 

For those exploring this career path or looking to switch jobs, this article covers the core information you need—from typical marketing manager salary ranges and job descriptions to growth projections and certification options. 

Median Salaries and Packages for Marketing Managers

According to recent payroll data, the median monthly base salary for a Marketing Manager in Singapore is $6,633  as of January 2023. With performance bonuses and benefits included, total compensation packages can range from S$70,000 to over S$150,000 annually at mid-to-senior levels. Marketing Executive and Associate roles earn roughly S$3,500 to S$5,500 per month, presenting a viable entry point before progressing to manager titles.

Marketing manager salary Singapore levels correlate strongly with factors like:

  • Years of relevant experience
  • Specific skills and specializations
  • Size of teams and budgets managed
  • Industries with banking/finance, tech/media, e-commerce, and FMCG are among the top-paying sectors

Larger global companies generally offer higher salaries for marketing managers and marketing management professionals than local firms. Candidates with overseas work experience also tend to command higher compensation.

Also Read: How Much Salary Increment for a Job Change in Singapore?

What Does a Marketing Manager Do? Core Job Descriptions

A Marketing Manager drives the planning and execution of campaigns, projects, and activities to promote brands, engage consumers, and achieve business revenue targets. Core marketing manager job description tasks involve:

  • Creating and executing marketing strategies that align with the company’s objectives.
  • Leading teams of Executives and Associates to execute campaigns across media channels
  • Managing campaign budgets, tracking ROI, and presenting results to stakeholders
  • Overseeing the development of creative marketing assets like visual designs, videos, and content
  • Conducting market research to guide strategies and inform decisions
  • Building productive working relationships with external creative and media agencies
  • Staying updated on marketing innovation, consumer insights, and industry trends

The role requires strategic thinking, analytical skills, project management abilities, communication expertise, creativity, and a data-driven mindset. Leading and motivating teams is also a fundamental expectation at the Manager level.

Also Read: Highest Paying Jobs in the Commerce Field for Singapore Graduates

Should I Get Certified in Marketing Management

A professional certification can boost your credibility and career advancement as a marketing manager or executive in Singapore’s competitive job market. Two of the most recognized credentials are:

EWD MBA

  1. Certified Marketing Management Professional (CMMP)
  2. Chartered Marketer (CM) by the Chartered Institute of Marketing

The CMMP certification covers strategic planning, budgeting, analytics, communications, and more. To qualify, you need a Diploma with 3 years of experience or a Bachelor’s degree with 1 year of experience. Exams and assignments must be cleared to gain the credential.

Chartered Marketer status is considered the global gold standard for senior marketing professionals. Along with a Membership exam, it requires 5 years in a relevant role plus ethics and experience assessments to achieve the CM designation after your name.

Investing in either of these certifications enables you to stand out and validate your expertise to employers. They also provide structured knowledge to excel as marketing managers and boost salaries throughout your career.

What are Current Industry Hiring Trends?

As marketing activities move towards automation and digital channels, companies across Singapore are hiring managers and executives skilled in:

  • Social media and content strategy
  • Performance marketing and analytics
  • Video and mobile optimisation
  • UI/UX optimisation
  • Customer relationship management (CRM) platforms

Marketing roles focused purely on creative development, and traditional media placement are declining due to shifts in budgets and priorities. Tech platforms like Google, Meta, ByteDance, Amazon, and Spotify rapidly expand Singapore-based teams to capture Asia Pacific advertising and subscription revenues.

Also Read: Highest Paying Non-IT Jobs in Singapore

Top Soft Skills Needed:

  • Communication and presentation abilities
  • Creative thinking and problem-solving
  • Influencing and stakeholder management
  • Project management and multitasking
  • Team leadership and collaboration

Top Hard Skills Needed:

  • Budgeting and analytics
  • Digital campaign expertise across channels
  • Market research and analysis
  • CRM platform experience
  • Strong commercial acumen

Conclusion 

Landing a coveted corporate finance internship requires a strategic approach focused on honing hard skills through related coursework and training programs. Building a solid professional network and soft skills are also vital. Leveraging university career centre resources combined with proactive applications and interview preparation will help position you to break into the competitive financial industry. 

Frequently Asked Questions (FAQs)

Here are answers to some often-asked questions about succeeding as a marketing manager in Singapore’s job market:

1. How can I advance from a Marketing Executive to a Manager role?

Gaining at least 3 years of well-rounded experience executing campaigns, proving your abilities to develop strategies and manage budgets, and earning a professional certification will enable progression from executive to manager levels.

2. What degree qualifications do I need?

While some manager roles require a Bachelor’s degree, real-world experience and skills matter more nowadays. Options like part-time degrees, specialist diplomas, and certifications can advance you without needing a complete university program if you build expertise on the job.

3. How risky is this career in a recession?

Recession resilience depends significantly on your niche. During downturns, sectors like healthcare, education, and everyday consumer brands retain marketing focus and budgets better than luxury, travel, and real estate. Go-to-market strategies also evolve to prioritise efficiency.

4. Are short-term contracts or permanent roles better at the entry-level?

Contract roles allow testing different industries and employers to build experience early on without long commitments. However, full-time permanent jobs provide more stability, internal opportunities, and scope for salary increments over time.

5. Does employer reputation matter for career growth?

Yes, being associated with leading brands and blue-chip companies greatly accelerates professional development, industry networks, and future job prospects. Even 1-2 years at major firms on your resume stand out versus longest tenures at unknown local players.

6. How relevant is overseas work experience?

Stints in major markets like China, Indonesia, Thailand, and India provide precious regional insights. Roles in hubs like London, New York, or San Francisco also hugely boost brand equity on your resume for Singapore employers.

Shivangi Mishra

Shivangi Mishra

35 articles published

She is an experienced writer and journalist who has extensively covered the education sector in India and Abroad. Now helping Indian aspirants realise their foreign education dream by providing them with relevant content and information through upGrad Abroad. Amateur traveller, loves to read Architectural Digest!

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