Product Manager

Innovating to cater to your needs with strategic product management and development.

About

A Product Manager is responsible for the strategy, development and delivery of a company's products. They work with various stakeholders including developers, designers, marketers as well as executives to ensure that the product is successful in the market. Moreover, an individual is responsible for developing the overall product strategy including defining the product vision, identifying target customers along with analysing the competition. The individuals work closely with the development teams to ensure that the product is built according to the product strategy as well as meets customer needs. 

They oversee the product development process including defining product requirements, creating product roadmaps and managing the product backlog. Overall, the role of a Product Manager is focused on developing successful products that meet customer needs and drive business growth. They work closely with various stakeholders to ensure that the product is successful in the market and continuously improve the product based on customer feedback as well as market trends.

Eligibility

For Bachelor’s

  • Scholars must obtain a minimum grade of 60% in their 10+2 board exams from an authorised education board.
  • Applicants should enrol in a Bachelor's degree programme in computer science or any other technical field.

 For Masters

  • Candidates must pursue a Master's degree such as an MBA in product management or another business-related field.

Job Roles

The job roles of a Product Manager can vary depending on the company, industry as well as product they are working on. However, some common job roles of a Product Manager are:

  • Sales Manager
  • Project Manager
  • Marketing Manager
  • Business Development Manager
  • Business Head
  • Brand Manager 

Top Recruiters

The top recruiters of Product Managers are often large and established technology companies as well as startups that specialise in software development, consumer electronics, e-commerce along with other industries. Here are some of the top recruiters of Product Managers:

  • Cisco
  • HCL
  • Amazon
  • Google
  • IBM
  • Microsoft
  • Cognizant
  • HP 

Employment Sector

  • Manufacturing Companies
  • Healthcare Companies
  • IT Companies
  • Educational Institutions

Salary

The salary of a Product Manager can vary depending on various factors such as the company, industry, location, experience as well as level of responsibility. However, Product Managers are generally well-compensated for their work.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx ₹7,00,000

Mid Level Salary

Approx ₹12,00,000 

Senior Level Salary

Approx ₹15, 00,000 

Skills

  • Product strategy
  • Market research
  • Product development
  • Project management
  • Communication skills
  • Analytical skills
  • Leadership
  • Agile methodology

Scope

The career scope of a Product Manager is very promising as companies across various industries rely heavily on their Product Managers to develop and launch successful products that meet customer needs and drive business growth. Here are some career opportunities available for Product Managers:

  • Product Manager
  • Director of Product Management
  • Chief Product Officer
  • Entrepreneur
  • Product Marketing Manager
  • Business Development Manager

Overall, the career scope of a Product Manager is broad, offering many opportunities for growth as well as advancement, both within a company and across various industries.

Benefits

  • Competitive salary
  • Challenging and rewarding work
  • Opportunity for innovation
  • Cross-functional collaboration
  • Continuous learning
  • High job demand

Drawbacks

  • High pressure
  • Balancing competing priorities
  • Long hours
  • Constant change
  • Difficult decisions
  • Managing stakeholders