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What Skills do Marketing Students Need? Brendan Gray, Jemma Whiten and Karen Knightbridge, University of Otago Abstract There is considerable debate as to how marketing should be taught in universities, how marketing education can be improved and/or whether marketing knowledge and skills can (or should) be taught at all. However, the job market for marketing graduates is becoming increasingly competitive and there is greater pressure from students, as well as employers, to make university marketing graduates ready for the world of work. New Zealand marketing managers and senior marketing students were asked to assess the relative importance of a wide range of knowledge areas and skills which they perceived would be needed by graduates if they were to be employed as marketing assistants. Managers ranked knowledge of marketing communications most highly, followed by consumer behaviour and product and brand management. Students ranked strategic marketing first, followed by consumer behaviour, product and brand management and marketing communications. In terms of desired skills for marketing assistants, managers rated a willingness to learn most highly followed by interpersonal skills, and written communication and problem solving skills (equal third). Students also rated a willingness to learn relatively highly, but rated teamwork as the most important skill. Oral communication skills ranked third and problem solving skills fourth. Managers’ perceptions of the skills that marketing graduates should have appear to reflect the areas that graduates are most likely to be employed in: marketing communications, market research/business analysis, sales or product/brand management. Introduction Debate over how or whether marketing should be taught in universities continues (Law and Wensely, 1979; Catterall et al., 1999). Meanwhile, the job market for marketing graduates is becoming increasingly competitive with fewer jobs and more qualified graduates seeking employment (Scott and Frontczak, 1996). Education providers are under increasing pressure from students and employers to produce graduates who are well prepared for work. This issue is an international one, prompting a number of studies to establish what employers seek in graduates (e.g. Phillips and Zuber-Skerritt, 1993; O’Brien and Deans, 1995; Scott and Frontczak, 1996). Some researchers conclude there is a need to close the gap between what higher education providers do and what industry expects or needs (Scott and Frontczak, 1996; Phillips and Zuber-Skerritt, 1993). The debate over the mix of knowledge and skills that university students should be taught is not confined to marketing, with a continuum of opinions ranging from critical analysis and thinking to more vocational knowledge and skills. Not surprisingly, employers and educators are often divided in their opinions. Some studies suggest that employers believe that marketing students are taught too many specialities and that greater emphasis should be placed on communication skills and a practical focus (O’Brien and Deans, 1995; Phillips and Zuber-Skerritt, 1993; Scott and Frontczak, 1996). Educators, however, tend to emphasise knowledge of specialist marketing areas and the ability to think creatively (Phillips and Zuber-Skerritt, 1993). ANZMAC 2002 Conference Proceedings 2691 This debate led the authors of the present study to pose two research questions: “What knowledge and skills do marketing managers need to succeed in today’s business environment?” and “What skills do marketing assistants need to support marketing managers?” This paper explores the second question. Earlier research in New Zealand identified managers’ perceptions of the roles and tasks of “marketing decision makers” and marketing assistants (Mueller-Heumann and Osborne, 1993), but the specific skills and knowledge needed to do these jobs were not investigated. As educators of marketing graduates and future marketing managers, the authors of the present study deemed it important to establish not only the knowledge and skills that marketing managers need to do their jobs well, but also the knowledge and skills that marketing graduates need. Additionally, comparisons were made between marketing managers’ perceptions of those needs with the perceptions of current students to identify any gaps. Research Methodology Nearly 1000 New Zealand businesses were surveyed by mail between July and September 2001. Responses were received from 141 businesses (a 14% response rate). A single respondent in each firm – the marketing manager – was asked to participate. The sample of businesses was randomly drawn from two sources: 400 companies from an existing Kompass list of medium to large sized companies (50+ employees) operating in New Zealand; and 600 members of the Sales and Marketing Executives Institute. Third and fourth year marketing students at the University of Otago were also asked in October 2001 to fill in a shorter version of the questionnaire. A total of 107 student questionnaires were analysed (with the split between third and fourth year students being approximately 80: 20). The marketing skills and knowledge items contained in the questionnaire were sourced from a content analysis of job vacancy advertisements for marketing managers and marketing assistants, and from a review of empirical studies (Gorchels, Jambulingam, and Aurand, 1999; Murray, 1994; Phillips and Zuber-Skerritt, 1993; Szarkovam, 1995; Thornton, 1981). More generic skills items were sourced from the results of two surveys conducted by university administrators to ascertain the graduate skills sought by employers (University of Otago, 1998). Most managers who responded to the present survey (68%) had spent up to 5 years in their current positions, with the most common title being Marketing Manager (40%). Approximately 44% had gained a Bachelor’s degree, with the most popular major subject being marketing (38%), while 33% had a postgraduate university qualification. The most common industry that managers worked in was communications (15%), followed by manufacturing & engineering (13%), fast moving consumer goods & food products (12%), professional services (11%), and finance & banking (10%). The student respondents were in their third or fourth years of study (representing just under 40% of this cohort). More than 90% of the students surveyed were completing a Bachelor of Commerce degree, majoring in marketing. It is worth noting that 68% were also completing a second degree in a nonbusiness discipline or a double major in commerce. ANZMAC 2002 Conference Proceedings 2692 Research Findings Marketing managers were asked to specify what areas they would like graduates to work in, if they were to be employed as marketing assistants. This was contrasted with students’ own preferences for where they would like to begin their first marketing jobs. Marketing communications topped the preference list, with the only difference between the two groups appearing to be product and brand management positions, with only a small percentage of students indicating a desire to begin their marketing careers here. Table 1 Preferred Areas of Employment for Graduates Employment areas Marketing Managers (n=141) Marketing Communications 49% Market Research / Business Analyst 36% Sales 32% Product / Brand Management 32% Do not plan to work in a marketing position N/A Do not know N/A Students (n=107) 53% 46% 26% 9% 8% 20% Note: Respondents could tick multiple options, therefore the total exceeds 100% Marketing managers and students were asked (using 5-point Likert type scales) to rate how essential a wide variety of skills were for marketing graduates. One-way analysis of variance indicated some significant differences in mean responses. Although both groups rated a willingness to learn highly, managers considered written communication skills to be more important than did students. Both groups had similar views of the importance of interpersonal skills, problem solving ability, flexibility and adaptability, the skills to plan their own work and analytical skills. Students rated self-confidence, independent judgement, the ability to be creative, the skills to implement change, a multi-disciplinary perspective and an awareness of ethical issues more highly than marketing managers. Because of space constraints, these tables are not included in this paper, but are available on request from the authors. Respondents were also asked to indicate the three skills they considered to be the most important (see Table 2). Managers again rated a willingness to learn most highly followed by interpersonal skills, and written communication and problem solving skills (equal third). Students also rated a willingness to learn relatively highly, but rated teamwork as the most important skill. Oral communication skills ranked third and problem solving skills fourth. Because the researchers were more interested in the order of skills and knowledge areas ranked by managers and students, it was considered inappropriate to assess significant differences in proportions of responses for the specific items listed in Tables 2 and 3. ANZMAC 2002 Conference Proceedings 2693 Table 2 Ranking Marketing Skills Skills Marketing Managers Willingness to learn 75 Interpersonal skills 43 Problem solving 32 Written communication 32 Teamwork 29 Flexibility and adaptability 26 Oral communication 23 Plan own work 21 Multi-disciplinary perspective 20 Analytical skills 15 Self-confidence 13 Ability to be creative 13 Ability to implement change 10 Independent judgement 7 Awareness of ethical issues 5 Percent (n=141) 53% 30% 23% 23% 21% 18% 16% 15% 14% 11% 9% 9% 7% 5% 4% Students 32 5 21 8 41 16 31 7 7 8 19 15 5 3 3 Percent (n=107) 30% 5% 20% 7% 38% 15% 29% 6.5% 6.5% 7% 18% 14% 5% 3% 3% Managers and students were also asked to rank the three most important marketing knowledge areas (see Table 3). Managers ranked marketing communications most highly, followed by consumer behaviour and product and brand management. Students ranked strategic marketing first, followed by consumer behaviour, product and brand management and marketing communications. Table 3 Ranking Knowledge Areas Knowledge Areas Marketing Percent Students Percent (n=141) (n=107) Managers Marketing Communications 51 36% 22 21% Consumer Behaviour 37 26% 32 30% Product and Brand Management 33 23% 24 22% Strategic Marketing 31 22% 43 40% B2B Marketing 29 21% 7 6.5% Market Research and Analysis 27 19% 17 16% Direct Marketing 25 18% N/A N/A Services Marketing 24 17% 5 5% Innovation and NPD 22 16% 8 7% Personal Selling / Sales Mgt 22 16% 5 5% Logistics and Distribution 12 8.5% 7 6.5% Pricing 11 8% 12 11% Internet Marketing 11 8% N/A N/A Societal and Ethical Issues 5 3.5% 2 2% International / Export Marketing 4 3% 8 7% Retail Marketing and Management 4 3% 3 3% Respondents were asked how essential it was for graduates to have previous marketing work experience and marketing qualifications before starting their careers (see Table 4). One-way analysis of variance suggested that the only significant difference between the two groups related to postgraduate marketing degrees, with students considering these to be more be more ANZMAC 2002 Conference Proceedings 2694 important than marketing managers. Both groups considered a Bachelor’s degree in marketing to be the most important qualification. Table 4 Work Experience and Education Significant Students Work Experience / Education Marketing differences (mean managers (F tests at ratings) (mean 0.05 level) ratings) Previous marketing work experience 3.37 3.31 No Bachelor’s marketing degree 3.81 4.05 No Post graduate marketing degree 2.56 3.12 Yes Respondents were also asked to list the other degrees or work backgrounds that they believed to be useful to a graduate in a junior marketing or sales position. Managers mentioned customer services and sales, along with general work experience and life skills. Students, however, listed accounting and finance most frequently. Conclusions Marketing managers and students appear to differ in their rankings of the most important knowledge areas and skills needed if graduates are to be employed as marketing assistants. As market-oriented professionals, it behoves educators to consider the needs of their “customers” and to regularly review courses to establish whether the needs of the market are still being met (Remington et al, 2000). Attempts should also be made to resolve differences in expectations between the two groups. In terms of skills, both sets of respondents considered a willingness to learn and problem solving to be important, reflecting a need for on-going learning and training (Phillips and Zuber-Skerritt, 1993). However, managers also included interpersonal skills and written communication. This may reflect the need for marketers to communicate with individuals at all levels within an organisation and the need to analyse market research, prepare promotional materials and write business reports and plans. Students, on the other hand, identified teamwork as the most important skill and oral communication as the third most important (ranked seventh by managers). This may reflect the way their University of Otago marketing degree is structured, with numerous group projects and oral presentations. Of concern to educators, though, may be the relatively low importance attached by students to written skills, with an implicit assumption that oral communication skills will suffice. In terms of marketing knowledge areas, managers ranked marketing communications, market research and analysis, consumer behaviour, and product and brand management as the most important. This appears to reflect the functional roles which graduates are likely to undertake as they assist marketing managers (see Table 1). Students ranked strategic marketing first, followed by marketing communications, consumer behaviour and product and brand management. Again, students may be influenced by the Otago course structure, which emphasises strategy in the third year, but makes market research an optional paper. This study addresses questions about the mix of knowledge and skills that marketing graduates require if they are to be employed as marketing assistants. However, debate continues over pedagogy (e.g. whether and how students should be taught market research and encouraged to develop critical thinking) and other stakeholder concerns (e.g. whether students should have a greater appreciation of social and ethical issues despite the very low rankings by employers and students). These should be addressed in future research. ANZMAC 2002 Conference Proceedings 2695 References Catterall, M., Maclaran, P. and Stevens, L., 1999. Critical marketing in the classroom: possibilities and challenges. Marketing Intelligence and Planning 17 (7), 344-353 Gorchels, L., Jambulingam, T. and Aurand, T.W., 1999. Executive insights: International marketing managers – A comparison of Japanese, German and US perceptions. Journal of International Marketing 7 (1), 97-105. Law, P. and Wensley, R., 1979. Marketing teaching. European Journal of Marketing 13(1), 15-26 Mueller-Heumann, G. and Osborn, B., 1993. CEOs and Marketing and The New Zealand Marketing Manager. New Zealand Marketing Management Research Programme, University of Otago. Murray, J.L., 1994. Identification of emerging new workplace skills for community college marketing students, as identified by employers and graduates: Implications for community college programs. Unpublished PhD thesis, Michigan State University. O’Brien, E.M. and Deans, K.R., 1995. The position of marketing education: a student versus employer perspective. Marketing Intelligence and Planning 13 (2), 47-52 Phillips, E.M. and Zuber-Skerritt, O., 1993. Perceptions of educators and potential employers of the research training needs of postgraduates in business and management. Journal of Management Development 12 (5), 12-20 Remington, S., Guidry, J.A., Budden, M.C. and Tanner, J.R., 2000. When were the good old days? Revisiting perceptions of marketing students’ prior preparation. Journal of Marketing Education 22 (3), 188-198 Scott, J.D. and Frontczak, N.T., 1996. Ad executives grade new grads: the final exam that counts Szarkovam, J., 1995. Psychological aspects of the personality of the manager. Ekonomicky Casopis. 43 (4), 356-363. Thornton, J.C., 1981. A study and analysis of the attitudes and perceptions of marketing executives and training managers towards public two-year college marketing programs. Unpublished EDD thesis, Temple University. University of Otago, 1998. 1995 and 1996 Employers’ Survey Summary. Office of the ViceChancellor, University of Otago, Dunedin, New Zealand. ANZMAC 2002 Conference Proceedings 2696