If you love sports or other big events and you’re interested in making your passion into your career, then you surely want to know what you can expect to earn.
In this article, you’ll find all you need to know about starting salaries in the sport and event sectors.
Top earnings in the sports sector
It’s not only sportsmen and women who can earn well in this sector; sports managers also have a good chance of earning a high starting salary, however, this greatly depends on the size and prominence of the sports club, association or brand.
The average entry-level salary for a sports manager is around 2600 euro gross per month (sport-management.de). If you get a really good deal, you could earn as much as 1000 euro more per month.
If you’ve already completed a bachelor’s degree in sport management, then why not consider studying for a master’s? Annual starting salaries for master’s graduates can already range between 42,000 and 45,000 euro gross (Studium-für-Sportler.de).
With our master’s in International Sport & Event Management, you’ll be highly qualified for a career on the global job market. Find out more about the benefits of completing a master’s in this field in our article: Your international career in sport & event management begins now!
In the sports industry, it’s all about keeping your eye on the ball. The more commitment you show, the higher the rewards. Your salary can increase significantly and you could earn as much as unbelievable 6000 euros gross per month (karista.de).
The influencing factors in the event scene
There are also considerable gender-based differences in earnings in the events sector: female event managers often earn less than male colleagues with the same qualifications. The annual difference can be as much as 10,000 euro gross (karrieresprung.de).
Another factor which affects how much you can earn at entry level is whether you have completed an apprenticeship or a university degree in this field. Starting salaries for university graduates can already be up to 50 percent higher than for apprentices (absolventa.de), however, this difference evens out as you build up experience.
After six years on the job, earnings for both these groups are at the same level. An event manager with ten years of experience can earn an annual salary of as much as 50,000 euro gross (absolventa.de).
As an event manager, your starting salary will be relatively low but will steadily increase as you gain professional experience. In sports management, it is the size and prominence of your future employer that counts. The amount you earn will depend on their profile, but even relatively small sports clubs offer plenty of good opportunities to advance your career and earn bonuses.
Starting salaries for management consultants
Are you interested in corporate communications and considering a career in the consulting industry? Our next article on Friday, March 29, 2019, will look at starting salaries for management consultants in various sectors, such as marketing, finance, and management.