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Marketing is
concerned with the identification of wants and needs by buyers and the
development of products, distribution channels, price and communication methods
to best satisfy those wants and needs. The buyers may be individuals or
organizations, and their buying may include products or services. Since the
economic system is dependent on the ability of organizations to match resources
with marketplace needs, marketing is gaining in prominence every year.
A marketing
graduate will likely be involved in performance and management of many
traditional areas of decision-making - sales, advertising, logistics and
marketing research. In addition, one frequently assists in product planning,
developing marketing information systems, and general management. Since these
tasks are necessary for all types of organizations, employers of marketing
graduates include manufacturers, banks, hospitals, retailers and not-for-profit
organizations.
The effective
marketing manager must possess a perspective and capabilities that reflect a
three-dimensional program of study:
- A liberal
education in the sciences, humanities, behavioral and social sciences,
mathematics and communications
- An adequate knowledge of
the major functional areas of business
- A high-level competency
in marketing.
One's liberal
education is emphasized during the freshman and sophomore years. The study of
the functional areas of business begins in the sophomore year and continues into
the junior year. During the junior and senior years, the focus is on marketing.
In addition to the introductory course that provides an overview of the field of
marketing, the student takes courses in areas such as consumer behavior,
promotion, sales management, services marketing, electronic commerce, marketing
research, channels and international marketing.
While studying
marketing, one typically selects courses in other fields, such as international
business, management, information systems, finance, advertising and public
relations, and other fields to support a particular career choice within the
marketing field.
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