Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
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
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
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.
Hello Greetings
With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
Have a great day
Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
Hi Gaurav,
The Common Admission Test (CAT) is a national-level management entrance exam conducted annually in India for admission into MBA/PGDM programs at prestigious institutions like the Indian Institutes of Management (IIMs) and other top B-schools.
For registering for CAT 2025, you can follow the given steps:
For more recent details, you can check out the given link.
Best wishes!
Hello Greetings,
With a CAT 2024 score of 93.94 percentile, you can expect calls from newer IIMs like *IIM Udaipur*, *IIM Raipur*, and *IIM Kashipur*. These institutes have relatively lower cutoffs compared to the older IIMs. Additionally, you may also consider other top MBA colleges like *IIT Madras*, *IIT Roorkee*, or *IIT Kharagpur*, which offer MBA programs with slightly lower cut-offs. To get a better idea of your chances, you can use online CAT College Predictor tools, which estimate the probability of receiving interview calls from different IIMs and other top MBA colleges based on your CAT percentile and academic background .
Have a great day
Hi,
With a CAT 2024 score of 93.94 percentile, you have a good chance of getting calls from several prestigious IIMs. Here are some possibilities
IIMs:
- IIM Indore: 90 percentile (General Category)
- IIM Ahmedabad: 80 percentile (General Category)
- IIM Bangalore: 85 percentile (General Category)
- IIM Calcutta: 85 percentile (General Category)
- IIM Lucknow: 90 percentile (General Category)
- IIM Kozhikode: 85 percentile (General Category)
- IIM Shillong: Sectional Cutoffs
Other Top B-Schools:
- SPJIMR (S.P. Jain Institute of Management and Research): 90-95 percentile
- MDI Gurgaon (Management Development Institute): 90-95 percentile
- XIME (Xavier Institute of Management and Entrepreneurship): 90-95 percentile
- FMS Delhi (Faculty of Management Studies): 95-99 percentile
- IIT Delhi and IIT Bombay: 90-99 percentile
These are general estimates and cutoffs can vary each year based on the difficulty of the exam and the number of applicants. It's always a good idea to check the official websites of these institutes for the most accurate and updated information.
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.
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A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
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The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
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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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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.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Jan 2024
Highest CTC 35 LPA | Median CTC 9.27 LPA | 172+ Recruiters
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 21st Jan
Amongst top 3% universities globally (QS Rankings)