Average Professor - Marketing Salary in Armenia for 2024

In this article, we will look at the average Professor - Marketing salary for 2024 in Armenia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Armenian dram. To keep things simple, we are using the AMD currency code instead of the currency symbol ึ.

How Much Does a Professor - Marketing Make in Armenia?

A Professor - Marketing working in Armenia will typically earn around 14,158,800 AMD per year, and this can range from the lowest average salary of about 6,670,600 AMD to the highest average salary of 22,441,700 AMD.

Average Annual Salary
14,158,800 AMD
Average Monthly Salary
1,179,900 AMD

Lowest Annual Salary
6,670,600 AMD
Lowest Monthly Salary
555,883 AMD

Highest Annual Salary
22,441,700 AMD
Highest Monthly Salary
1,870,141 AMD

These are average salaries for a Professor - Marketing in Armenia and include benefits such as housing and transport. It's also possible for a Professor - Marketing to earn more or less than the average salaries shown above.

Professor - Marketing salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Professor - Marketing Salaries in Armenia

So we've looked at the average salaries a Professor - Marketing will earn in Armenia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Professor - Marketing can earn between 6,670,600 AMD and 22,441,700 AMD on average in Armenia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Professor - Marketing in Armenia is 15,001,200 AMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 15,001,200 AMD, and 50% of the population earn more than 15,001,200 AMD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Professor - Marketing salary in Armenia, 25% of the population are earning less than 9,769,700 AMD while 75% of the population earn more than 9,769,700 AMD.

75% of the population earn less than 19,799,400 AMD, and 25% of the population earn more than 19,799,400 AMD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Professor - Marketing Salary by Experience Level in Armenia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average professor - marketing salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Professor - Marketing in Armenia that has less than two years of experience can expect to earn somewhere in the region of 7,693,200 AMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Professor - Marketing salary would increase to 10,608,800 AMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Professor - Marketing, the average salary would be 15,118,700 AMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 18,359,600 AMD.
  • 15 - 20 Years Experience. A Professor - Marketing with 15 to 20 years of experience can earn an average of 19,439,300 AMD.
  • 20+ Years Experience. For a Professor - Marketing with more than 20 years, the expected average salary increases to 21,121,400 AMD.

Average Salary by Experience Chart

0-2 Years
7,693,200 AMD
2-5 Years +38%
10,608,800 AMD
5-10 Years +42%
15,118,700 AMD
10-15 Years +22%
18,359,600 AMD
15-20 Years +6%
19,439,300 AMD
20+ Years +9%
21,121,400 AMD

Professor - Marketing Salary by Education Level in Armenia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Professor - Marketing in Armenia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Master's Degree. A Professor - Marketing in Armenia with a master's degree education can earn an average salary of 11,543,100 AMD.

  • PhD. A Professor - Marketing in Armenia with a phd education can earn an average salary of 19,439,300 AMD.

Average Salary by Education Chart

Master's Degree
11,543,100 AMD
PhD +68%
19,439,300 AMD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Armenia is around 3,880,000 to 11,600,000 AMD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Professor - Marketing Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Armenia, a male professor - marketing will earn an average of 15,001,200 AMD, while a female professor - marketing will earn around 13,561,900 AMD.

This means that a male professor - marketing earns approximately 11% more than a female professor - marketing for performing the same job.

Average Salary by Gender Chart in Armenia

Male
15,001,200 AMD
Female -11%
13,561,900 AMD

Professor - Marketing Average Pay Raise in Armenia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Professor - Marketing in Armenia is around 7% every 31 months.

The national average pay raise across all professions and industries in Armenia is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 31 ) × 12  = 3%

What this means is that a Professor - Marketing in Armenia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Armenia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Armenia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Professor - Marketing Bonus and Incentive Rates in Armenia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Professor - Marketing is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Armenia earn approximately 18% more than private sector employees in the same role.

Public Sector
9,863,700 AMD
Private Sector -18%
8,377,500 AMD

Salaries for Jobs Similar to a Professor - Marketing

In the table below, we have salary information for jobs that are similar to a Professor - Marketing in Armenia.

Job Title Category Salary
Academic Advisor Teaching / Education 9,695,200 AMD
Academic Assistant Teaching / Education 7,174,700 AMD
Academic Coach Teaching / Education 10,116,200 AMD
Academic Librarian Teaching / Education 7,441,400 AMD
Academic Manager Teaching / Education 11,998,600 AMD
Academic Specialist Teaching / Education 9,205,400 AMD
Academic Staff Teaching / Education 8,038,700 AMD
Accompanist Teaching / Education 8,521,700 AMD
Achievement Coach Teaching / Education 9,661,800 AMD
Admissions Specialist Teaching / Education 8,891,600 AMD
Agricultural Sciences Teacher Teaching / Education 7,967,200 AMD
Anthropology Teacher Teaching / Education 8,483,700 AMD
Arabic Language Teacher Teaching / Education 7,510,300 AMD
Archeology Teacher Teaching / Education 8,149,100 AMD
Architecture Teacher Teaching / Education 8,952,900 AMD
Archivist Teaching / Education 6,754,900 AMD
Art Teacher Teaching / Education 7,236,200 AMD
Assistant School Principal Teaching / Education 10,391,200 AMD
Assistant Teacher Teaching / Education 6,539,600 AMD
Biochemistry Professor Teaching / Education 14,760,200 AMD
Biology Teacher Teaching / Education 8,206,100 AMD
Bursary Scheme Manager Teaching / Education 9,720,400 AMD
Business Teacher Teaching / Education 8,305,400 AMD
Careers Advisor Teaching / Education 10,102,100 AMD
Careers Consultant Teaching / Education 9,828,800 AMD
Chemistry Teacher Teaching / Education 7,930,200 AMD
Child Care Coordinator Teaching / Education 8,267,800 AMD
Child Care Worker Teaching / Education 6,733,900 AMD
Childcare Worker Teaching / Education 6,670,600 AMD
Classroom Assistant Teaching / Education 6,300,400 AMD
Clinical School Psychologist Teaching / Education 11,674,300 AMD
College Aide Teaching / Education 10,560,900 AMD
College and Career Readiness Specialist Teaching / Education 10,248,600 AMD
College Dean Teaching / Education 18,479,600 AMD
College President Teaching / Education 17,758,500 AMD
Communications Teacher Teaching / Education 8,099,800 AMD
Community Education Officer Teaching / Education 6,875,100 AMD
Computer Science Teacher Teaching / Education 7,606,200 AMD
Computer Teacher Teaching / Education 7,381,700 AMD
Creative Writing Trainer Teaching / Education 9,778,900 AMD
Credit Counselor Teaching / Education 9,396,300 AMD
Cultural Studies Teacher Teaching / Education 7,882,800 AMD
Curriculum Coordinator Teaching / Education 9,649,800 AMD
Curriculum Developer Teaching / Education 9,935,600 AMD
Curriculum Specialist Teaching / Education 10,537,900 AMD
Dean of Faculty Teaching / Education 17,758,500 AMD
Demonstrator Teaching / Education 7,309,600 AMD
Deputy Controller of Examinations Teaching / Education 9,623,400 AMD
Director of Learning Technology Teaching / Education 11,197,500 AMD
Distance Learning Coordinator Teaching / Education 8,448,800 AMD
Economics Lecturer Teaching / Education 14,400,800 AMD
Economics Teacher Teaching / Education 7,655,900 AMD
Education Administrator Teaching / Education 8,952,900 AMD
Education Assistant Teaching / Education 7,297,800 AMD
Education Assistant Director Teaching / Education 10,270,100 AMD
Education Assistant Librarian Teaching / Education 5,747,700 AMD
Education Assistant Principal Teaching / Education 8,316,900 AMD
Education Assistant Professor Teaching / Education 11,290,900 AMD
Education Associate Teaching / Education 7,499,500 AMD
Education Consultant Teaching / Education 10,069,800 AMD
Education Consultant Teaching / Education 11,303,900 AMD
Education Coordinator Teaching / Education 8,305,400 AMD
Education Counselor Teaching / Education 9,215,300 AMD
Education Director Teaching / Education 14,158,800 AMD
Education Program Specialist Teaching / Education 9,910,500 AMD
Education Researcher Teaching / Education 11,326,400 AMD
Education Resource Specialist Teaching / Education 8,713,800 AMD
Education Services Facilitator Teaching / Education 9,289,200 AMD
Educational Psychologist Teaching / Education 12,721,300 AMD
EFL Teacher Teaching / Education 8,218,100 AMD
eLearning Trainer Teaching / Education 7,464,400 AMD
Elementary School Teacher Teaching / Education 6,480,800 AMD
Engineering Lecturer Teaching / Education 13,919,600 AMD
Engineering Teacher Teaching / Education 11,557,500 AMD
English Teacher Teaching / Education 7,750,400 AMD
ESL Teacher Teaching / Education 8,460,900 AMD
Faculty Assistant Teaching / Education 9,985,800 AMD
Foreign Language Teacher Teaching / Education 7,309,600 AMD
GED Teacher Teaching / Education 7,331,800 AMD
Geography Teacher Teaching / Education 7,464,400 AMD
Head of Mathematics Department Teaching / Education 11,135,000 AMD
Head of School Teaching / Education 12,958,200 AMD
High School Teacher Teaching / Education 8,845,500 AMD
History Teacher Teaching / Education 8,111,500 AMD
Infant Teacher Teaching / Education 5,926,600 AMD
Instructional Assistant Teaching / Education 8,329,200 AMD
Instructor Teaching / Education 9,142,700 AMD
Kindergarten Teacher Teaching / Education 6,322,500 AMD
Language Instructor For Expatriate Teaching / Education 6,635,400 AMD
Law Teacher Teaching / Education 11,099,800 AMD
Learning Designer Teaching / Education 9,744,400 AMD
Lecturer Teaching / Education 13,679,300 AMD
Librarian Teaching / Education 6,635,400 AMD
Library Assistant Teaching / Education 5,663,200 AMD
Library Director Teaching / Education 9,385,400 AMD
Library Specialist Teaching / Education 7,081,500 AMD
Library Technician Teaching / Education 6,300,400 AMD
Life Sciences Teacher Teaching / Education 7,499,500 AMD
Math Lecturer Teaching / Education 14,519,400 AMD
Math Teacher Teaching / Education 9,166,100 AMD
Mathematics Teacher Teaching / Education 8,940,400 AMD
Mentor Teaching / Education 9,133,400 AMD
Middle School Teacher Teaching / Education 8,521,700 AMD
Music Teacher Teaching / Education 7,693,200 AMD
Nursery Manager Teaching / Education 11,617,300 AMD
Nursery Worker Teaching / Education 4,870,300 AMD
Paraprofessional Teaching / Education 10,546,700 AMD
Physical Education Specialist Teaching / Education 9,010,800 AMD
Physical Education Teacher Teaching / Education 7,057,300 AMD
Physics Teacher Teaching / Education 8,029,300 AMD
Political Science Teacher Teaching / Education 8,172,900 AMD
Post Doctoral Researcher Teaching / Education 12,239,700 AMD
Preschool Education Administrator Teaching / Education 8,746,500 AMD
Preschool Teacher Teaching / Education 6,826,100 AMD
Primary School Teacher Teaching / Education 7,174,700 AMD
Principal Teaching / Education 11,267,200 AMD
Product Specialist Teaching / Education 8,771,100 AMD
Professor - Accounting Teaching / Education 14,639,900 AMD
Professor - Architecture Teaching / Education 15,001,200 AMD
Professor - Biology Teaching / Education 14,639,900 AMD
Professor - Business Administration Teaching / Education 14,519,400 AMD
Professor - Chemical Engineering Teaching / Education 14,519,400 AMD
Professor - Chemistry Teaching / Education 14,400,800 AMD
Professor - Civil Engineering Teaching / Education 13,561,900 AMD
Professor - Communication Teaching / Education 13,561,900 AMD
Professor - Computer Science Teaching / Education 14,400,800 AMD
Professor - Dentistry Teaching / Education 15,238,200 AMD
Professor - Drama Teaching / Education 14,158,800 AMD
Professor - Economics Teaching / Education 15,480,300 AMD
Professor - Education Teaching / Education 15,360,400 AMD
Professor - Electrical Engineering Teaching / Education 14,639,900 AMD
Professor - English Teaching / Education 13,441,600 AMD
Professor - Environmental Engineering Teaching / Education 14,519,400 AMD
Professor - Foreign Languages Teaching / Education 13,561,900 AMD
Professor - Geological Sciences Teaching / Education 14,158,800 AMD
Professor - History Teaching / Education 14,519,400 AMD
Professor - Industrial Engineering Teaching / Education 14,519,400 AMD
Professor - Law Teaching / Education 15,960,700 AMD
Professor - Legal Support Teaching / Education 14,280,500 AMD
Professor - Liberal Arts Teaching / Education 13,679,300 AMD
Professor - Mathematics Teaching / Education 15,118,700 AMD
Professor - Mechanical Engineering Teaching / Education 14,880,300 AMD
Professor - Medical Administration Teaching / Education 15,238,200 AMD
Professor - Medicine Teaching / Education 17,278,100 AMD
Professor - Music Teaching / Education 13,319,300 AMD
Professor - Nursing Teaching / Education 13,919,600 AMD
Professor - Pharmaceutical Sciences Teaching / Education 14,760,200 AMD
Professor - Philosophy Teaching / Education 15,118,700 AMD
Professor - Physical Therapy Teaching / Education 14,519,400 AMD
Professor - Physics Teaching / Education 15,118,700 AMD
Professor - Psychology Teaching / Education 13,919,600 AMD
Professor - Rehabilitation Teaching / Education 13,079,500 AMD
Professor - Social Work Teaching / Education 12,958,200 AMD
Professor - Sociology Teaching / Education 14,280,500 AMD
Professor - Special Education Teaching / Education 14,760,200 AMD
Psychology Teacher Teaching / Education 11,844,700 AMD
Public Management Assistant Professor Teaching / Education 11,557,500 AMD
School Counselor Teaching / Education 11,221,100 AMD
Science Educator Teaching / Education 7,980,700 AMD
Science Laboratory Assistant Teaching / Education 6,922,100 AMD
Science Teacher Teaching / Education 7,812,200 AMD
Secondary Mathematics Teacher Teaching / Education 8,316,900 AMD
Secondary School Teacher Teaching / Education 7,980,700 AMD
Special Education Teacher Teaching / Education 8,724,700 AMD
Special Needs Assistant Teaching / Education 6,826,100 AMD
Statistics Lecturer Teaching / Education 13,798,900 AMD
Student Accounts Coordinator Teaching / Education 7,393,200 AMD
Student Development Specialist Teaching / Education 9,421,200 AMD
Student Employment Specialist Teaching / Education 9,036,900 AMD
Student Services Teaching / Education 6,997,000 AMD
Student Services Coordinator Teaching / Education 7,007,800 AMD
Student Support Manager Teaching / Education 9,456,600 AMD
Substitute Teacher Teaching / Education 6,552,400 AMD
Teacher Teaching / Education 7,045,600 AMD
Teacher Aide Teaching / Education 5,989,600 AMD
Teacher Trainer Teaching / Education 9,301,600 AMD
Teaching Assistant Teaching / Education 6,118,800 AMD
TEFL Teacher Teaching / Education 8,508,800 AMD
Training and Development Specialist Teaching / Education 9,925,000 AMD
Training Coordinator Teaching / Education 7,007,800 AMD
Tutor Teaching / Education 7,537,100 AMD
University Teacher Teaching / Education 13,919,600 AMD
Vocational Education Teacher Teaching / Education 7,572,700 AMD

Salary Comparison by City

If you want to compare salaries with different cities in Armenia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Yerevan 16,561,800 AMD

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