Question

Topic: Career/Training

Pricing Strategist

Posted by Anonymous on 10/8/2010 at 4:28 PM ET 250 Points
Like many today, I am attempting to evolve myself for the new economic challenges. I have a dual B.S. in Marketing and International Business and have done well in Sales and Strategy. However, the last several years I worked as a Controller for a construction company and as a side venture, appraised and sold rare books. So all my recent dealings with finance and valuation has me thinking I could be very valuable as a Pricing strategist for a company or firm. Is an MBA with Finance concentration the way to go on this or MS Economics or ...?
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RESPONSES

  • Posted on 10/8/2010 at 8:37 PM Accepted
    You may not need another degree if the goal is to become a pricing strategist. It's more about gaining some relevant experience and then using that to serve as your credential.

    If you are set on getting another degree, it probably doesn't matter whether you get an MBA/Finance or an MS in Economics. Either one will serve your purpose, as would an MBA with a concentration in Marketing.

    The main reason for getting another degree would be to give you additional exposure to business issues and to your area of concentration. But spending that same time working in your chosen field might do just as well.

    I'm not discounting the value of more education, but be sure it will really get you closer to your goal before you invest the time and money.
  • Posted by Peter (henna gaijin) on 10/8/2010 at 8:56 PM Accepted
    When I think of pricing and what business concentration is best, marketing is the one I think of. Finance is concerned more with how a company raises and manages money, and economics is more macro issues outside of companies.

    I agree with mgoodman than a degree won't necessarily be needed. Why not try to go out and do the job with the experiences you have now. You'll have the same challenge of finding the position and convincing them you are the right person as you would with an MBA/MS, but it is not clear that the MS/MBA would actually make landing the job any easier for you.
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