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In today's corporate and business landscape Product management is becoming a crucial function, more specifically in technology-driven industries. With each passing day, corporations are giving much more focus on learning and developing innovative products to match consumer demands, therefore the importance of product managers has gained importance. The Indian Institutes of Management (IIMs) are renowned for their rigorous academic programs and have emerged as leading institutions for aspiring product managers. Read this article to learn about the best IIMs for product management. This article explores the best IIMs for product management, highlighting specific programs, faculty expertise, and career opportunities.
The Indian Institutes of Management (IIMs) are a group of autonomous public business schools in India, recognized for their high-quality education and significant contributions to management practices. Among the numerous IIMs, several have developed specialized programs in product management, catering to the growing demand for skilled professionals in this field. These include short courses from IIMs. However apart from the IIMs they were several other institutions that also provide MBA in product management.
Professional Certificate Programmer in Product Management at IIM Kozhikode
Registrations Deadline- 12th June | India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
Highest CTC: Rs 18.33 LPA | Average CTC: Rs 7.39 LPA | Experiential Learning | Classes by Industry Professionals | Alumni Mentorship Program
Duration: 39 Weeks, 5 hours a week.
Programme Fee: INR 195000/- (18% GST will be charged and it has flexible payment plans in 5 or 6 installments)
Eligibility: Graduate or Diploma
Documents Required: Degree certificate, provisional degree certificate, marks transcript or score transcript.
Programme Highlights: (a) 200+ recorded video lectures (b) 22+ assignments (c) 21+ quizzes (d) Generative AI modules (e) Capstone Project (f) 15+ case studies (g) 20+ office hours with industry experts
Who is this Programme for:
(a) Entry-level managers and Entrepreneurs who would like to gain comprehensive knowledge of new product development, and product strategies and leverage product analytics.
(b) Senior-level managers who would like to refine prototypes and MVPs, learn Product pricing, and modify their products to better suit customers.
(c) Mid-level managers who would like to build innovative, compelling products to deliver customer and business value.
Exe
Product Management Integrated with AI and Generative AI in ISB
Duration: 16 weeks, 4-6 hours in a week.
Programme Fee: INR 150000/- ( 18% GST will be charged, and it has flexible payment plans in 3 or 4 installments)
Eligibility: Graduate / Diploma Holder
Programme Highlights: (a) 140+ pre-recorded videos (b) Cutting edge generative AI modules (c) Live master class on Generative AI in Product Management (d) Cutting edge Modules on AI and Generative AI in product Management (e) 9 top product management tools (f) 8 masterclasses with leading product managers (g) 4 case studies (h) capstone project (i) 20+ assignments and quizzes (j) 15 live online sessions with program leaders (k) be a part of ISB executive network
To apply for the MBA in Product management in IIMs, one needs to fulfill the following criteria-
Applicants must have a 3-year bachelor's degree in any discipline
The graduate degree must be from a recognized university or equivalent.
They must have a minimum of 50% marks in their graduation.
The final-year students can apply for the IIMs as well.
Though there are many other qualifying exams to get an MBA, depending on the institution, most of the IIMs prefer CAT marks. Therefore to get to an MBA course in any IIM requires the candidate to have a valid CAT score and percentile.
Apart from CAT, there was also another examination that can be useful in getting into any other B-Schools other than IIMs. These examinations include XNAP, GMAT, MAT, etc.
With the gradual development and the increasing importance of product managers in the current corporate world, an MBA degree in product management can fetch you in different job sectors.
Technology: Companies in the tech industry, especially large tech firms like Google, Amazon, Facebook, and Apple (often referred to as FAANG companies), as well as smaller startups and established tech firms, tend to offer competitive salaries for product managers because of the pace of innovation and high demand for highly skilled professionals.
Finance: Financial institutions like Hedge funds, fintech companies or investment banks tend to pay huge amounts for product managers, more specifically to those who have expertise in financial services and technologies.
Healthcare and Biotech: With the increasing importance of technology in healthcare and the growth of biotech companies, there's a demand for product management experts who understand both technology and the healthcare sector. Companies in this industry often offer competitive salaries to attract top talent.
E-commerce and Retail: As online shopping continues to grow, e-commerce giants like Amazon and Alibaba, as well as other retail companies, seek skilled product managers to improve their platforms, enhance user experience, and drive sales.
Software as a Service (SaaS): SaaS companies, that provide software applications via the Internet, often pay well for product managers who can help develop and manage their products effectively.
After the MBA in Product Management, the students of these programs become very well equipped to take on diverse career rules within reputed organizations for their extensive and in-depth knowledge. Here is a list of job roles that one can take after the completion of the MBA degree-
Product Manager: One product manager has the responsibility of overseeing the creation, development, and lifecycle of products.
Product Marketing Manager: The role of Product Marketing Manager focuses on marketing strategies specific to products.
Business Analyst: Analysing market trends and consumer behaviour to inform product decisions is the primary focus of a Business Analyst who has done an MBA in product management.
Chief Product Officer (CPO): Being a Chief Product Manager who has an MBA degree in product management, one not only has the responsibility to lead the entire product team with a strategic, research-oriented vision but at the same time lead the team which would be beneficial for the organisation as well.
IM Kozhikode offers a professional certification programme in Product management. However, there are other institutions that provide an MBA in product management.
The salary of an IIM Product manager can range anything between 15-60 LPA, depending on the organization they are working in as well as the position and the experience.
According to the ambition box, the product manager's salary at Microsoft Corporation in India ranges between 18 to 65 LPA.
According to the ambition box, the product manager's salary at Amazon in India ranges between 22 to 40 LPA.
Depending on the corporation they are working on, product managers can earn a hefty amount. At these top-10 companies, a Product Manager can earn up to ₹ 38.00 lakhs a year and can expect to earn a minimum of INR 16 LPA as a base salary. This excludes any bonuses and perks that are usually offered by these top organisations.
Hi aspirant,
You can refer to the link attached above for more information on the same.
All the best!
Hi aspirant,
You can refer to the link given above for more information on the same.
All the best!
Hello dear,
The CAT exam requires a significant amount of time for preparation, including brushing up on basic concepts and practicing advanced problem-solving. Starting too early can feel overwhelming and may not be sustainable with other academic commitments.
The CAT exam requires a level of focus and maturity that is not always present in class 9. Starting preparation at this stage can be challenging to maintain. At class 9, you're primarily focused on learning foundational concepts. So you just need to boost your fundamentals by practicing more and more at class 9 because the Quantitative Aptitude section of CAT syllabus includes all the topics of Mathematics from Class 9 to 10 such as Arithmetic, Geometry, Algebra, Trigonometry and Mensuration.
Start Preparation 12 Months Prior:
Identify Weak Sections:
I hope you got your answer, That's all Thank you.
IIFT CAT Cutoff 2024
IIFT Delhi
General: 95–98 percentile
OBC: 90+
SC: 85–95
ST/PwD: 75–93
IIFT Kolkata
General: 85–95 percentile
OBC/SC/ST: 50–95 (varies)
Note: Final selection also includes WAT, GD, PI, academics, and work experience.
To prepare for CDS, CGL, and CAT during graduation, create a clear study schedule focusing on basics, reasoning, and aptitude. Practice daily mocks, improve time management, and stay consistent. Balance college and preparation with discipline and regular revision.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive identifies and pursues new business opportunities to drive company growth. They generate leads, build client relationships, develop sales strategies, and analyse market trends. Collaborating with internal teams, they aim to meet sales targets. With experience, they can advance to managerial roles, playing a key role in expanding the company’s market presence and revenue.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A Sales Manager leads a sales team to meet targets, formulates strategies, analyses performance, and monitors market trends. They typically hold a degree in management or related fields, with an MBA offering added value. The role often demands over 40 hours a week. Strong leadership, planning, and analytical skills are essential for success in this career.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
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