Blogs
Explore Abroad Masters in Product Management: for Indian Students
Studying abroad in the field of product management is a journey of growth, learning, and discovery. A masters program in product management offers students the opportunity to develop a global mindset, adaptability, cross-cultural collaboration skills, and an international network– all of which are essential for success in the ever-evolving world of product management. By embracing the challenges and opportunities that come with studying abroad, aspiring product managers can position themselves for a future of innovation and leadership on a global scale. Here is the blog that covers essential information about study master's in product management abroad, eligibility criteria, best countries with their universities to study and top job profiles for Indian students who want to excel in the dynamic field of product management.
Table Of Contents
Table Of Contents
1. Study Masters in Product Management Abroad
Masters in product management program covers every aspect of a product life cycle from designing to marketing. The field of product management is ever-changing and diverse which has an important impact on modern businesses. Abroad studies in product management enable students to create outstanding products that combine technical skills, business knowledge and user intention. Every year, thousands of Indian students choose to pursue a master’s in product management from abroad to understand the user’s history and improve management skills and product designs that meet customers’ demands. If you are planning to study abroad in product design, this blog will walk you through all the essential information to build a successful career in product design.
|
Course |
Master’s in Product Management |
|
Level |
Masters |
|
Duration |
1-2 years |
|
Average Fees |
INR 10,00,000 to INR 30,00,000 |
|
Average Salary |
INR 13 – 15 LPA |
2. Why Study Master's in Product Management Abroad?
The field of product management has a lot of opportunities to grow which allows you to work in numerous industries. As a product manager, you will get the opportunity to enhance your expertise and experiences by working with designers, engineers, marketers, researchers, supporters and the content team. This job role makes you a great leader through everyday partnerships, difficulties, communication and decision-making. Therefore creating a career in product management can be the best career for those students who have a passion to make their own decisions and prioritize multiple duties.
3. Master in Product Management Syllabus
The syllabus of the Master in Product Management differs from university to university. The courses focus on topics from management to communication skills. Abroad courses in product management are based on both theoretical and practical knowledge. The core modules of a master's in product management include the below-listed topics.
- Product Portfolio Analysis
- Market Research
- Advertising and Channel Management
- Strategic Brand Management
- Product management tools
- User Experience Design and Innovation
- Pricing and Promotion
- New Product Planning
- Business models- designing, storyboarding, and wireframing
- Customization and innovation in the digital domain
- User Experience design
- Financial Theories and Fundamentals of Business
- Communication and presentation practices
- Product Marketing and Strategy
- Testing and validation techniques and implementation
- Elimination Strategies
- Customer development
- Consumer Behaviour
4. Eligibility Criteria to Study Master in Product Management
Indian students who want to make their career in product management through study abroad need to meet some basic eligibility guidelines of the abroad universities that are mentioned below.
- The candidate needs to complete their graduation from a recognized university.
- Students from any background such as science, commerce, arts and business administration are eligible to pursue a postgraduate program in product management from abroad.
- The student must have a minimum of 50% in their bachelor program.
- The candidate should be at least 20 years of age to pursue a master’s in product management.
- The student needs to clear an English language proficiency test with standardized scores. Most of the universities abroad require the below mentioned scores for admitting international students.
- IELTS: 6.5 (No band lower than 6.0)
- TOEFL: 88 or above (minimum scores in components are classified as: Listening and Writing 21, Speaking 23 and Reading 22).
- GRE required scores: 321
- GMAT required scores: 691
5. Best Countries to Study Masters in Product Management
The USA, UK, Australia, Canada and Germany are some of the most popular countries abroad. They have many universities, offering world-class education in product management. Check out the below list to know the best universities for product management abroad.
5.1 Study Masters in Product Management in the USA
The US is the most popular study-abroad destination among international students. It is the home of many globally-ranked universities that have a well-renowned education system focused on research and practical knowledge. Also, the country has a number of globally-recognised companies and industries which makes it an ideal destination to build a successful career in the field of product management. The top universities in the USA for pursuing master in product management are given below:
- Carnegie Mellon University
- Tepper School of Business
- Regent University
- NYU Stern School of Business
- Kellogg School of Management
- Haas School of Business
5.2 Study Masters in Product Management in the UK
The United Kingdom is one of the leading study-abroad destinations for international students. The country has numerous reputable universities with a strong education system to enhance students’ knowledge and understanding of product management. Further, the high quality of life, vibrant culture and excellent transport system of the country make it the best destination to study abroad. The top universities in the United Kingdom for a master's in product management program are listed below.
- Cranfield School of Management
- University of Liverpool
- Brunel University London
- Bayes Business School
- Cranfield University
- Middlesex University London
5.3 Study Masters in Product Management in Australia
Australia is an excellent destination for overseas education due to its multicultural environment, diverse academic opportunities and better career opportunities. The country is renowned for having leading universities, offering world-class education across various fields, including product management. The top product management universities in Australia are listed below.
- Melbourne Business School
- QUT Business School
- Carnegie Mellon University
- Griffith University Faculty of Business
- Curtin Business School
- UWA Business School
5.4 Study Masters in Product Management in Canada
Canada is recognized for its quality-oriented and diverse range of programs offered by globally-ranked universities. Studying product management in Canada allows international students to work in various industries and build a strong global network. The best universities in Canada for product management studies are listed below.
- Smith School of Business at Queen's University
- Centennial College
- UBC Sauder School of Business
- Ivey Business School
- Mohawk College
5.5 Study Masters in Product Management in Germany
The education system in Germany is commendable for international students due to several reasons. The country focuses on providing affordable education in various fields. Germany may be the cheapest country to study product management for international students. Here are the top universities in Germany to pursue a Master's in Product Management abroad.
- Munich Business School
- CBS International Business School
- ESB Business School - Reutlingen University
- GISMA Business School - Hannover Campus
- Brand University of Applied Sciences
- ESCP Business School
6. Top Job Roles After Completing Master’s in Product Management
After completing a Master's in Product Management, Indian students can pursue a variety of job roles that capitalize on their skills and knowledge in the field. Here are some top job roles for product management students.
6.1 Product Manager
Working as product manager is the most direct career path for students with a Master's in Product Management. Product managers are responsible for developing, strategizing, and managing a product throughout its lifecycle. They work closely with cross-functional teams, gather market insights, define product roadmaps, and ensure successful product launches.
6.2 Product Owner
Similar to a product manager, a product owner works on the agile development process. They work closely with development teams to prioritize tasks, refine features, and ensure that the product meets customer needs and business objectives.
6.3 Product Marketing Manager
This role involves creating and executing marketing strategies to promote and sell products effectively. Product marketing managers understand the market, competition, and customer needs to develop compelling messaging and positioning for the product.
6.4 Innovation Manager
Innovation managers drive the development of new products and ideas within a company. They analyze market trends, identify potential opportunities, and lead teams in conceptualizing and developing innovative products.
6.5 Business Analyst
This job role bridges the gap between technology and business. Business analysts analyze data, gather requirements, and provide insights to help organizations make informed decisions about products and strategies.
6.6 Market Research Analyst
Market research analysts study market conditions to identify potential sales opportunities for products. They collect and analyze data on consumer preferences, trends, and competition to inform product development and marketing strategies.
6.7 E-commerce Manager
In this role oversee the online sales and marketing of products. E-commerce managers optimize online platforms, manage product listings, analyze sales data, and develop strategies to increase online revenue.
6.8 Product Development Consultant
These consultants provide specialized expertise to companies looking to improve their product development processes, strategies, and overall product portfolio.
6.9 Product Strategist
Product strategists focus on long-term planning and shaping the overall product direction for a company. They consider market trends, customer needs, and business goals to create a cohesive product strategy.
7. Conclusion
So, we have demonstrated all about study masters in product management abroad that include a detailed overview of the program, eligibility criteria, the best countries with their universities to study product management and the top job profiles for product management students. Hope this blog will help you to choose the right university for your higher studies in product management. If you like this blog give us a thumbs up and apply for the next 2024 intake with us.
8. Who are we!
We are India’s leading study abroad consultancy that may be the one-stop destination for all your study abroad needs. With a versatile team of counselors, we help students to choose the best university and course for building their career abroad.
Frequently Asked Questions
Indian students can avail a variety of job opportunities after completing a master's in product management abroad in the private as well as government sectors. You can work as a product manager, brand manager, product marketing manager and more in finance, market research, manufacturing, advertising sectors and software industries. The top recruiting companies for product management students are HCL, Amazon, IBM, Cognizant, Cisco, TCS, Google, Capgemini etc.
Definitely, pursuing a master’s in product management is worthwhile for international students. Product management has become a highly demanded career in today’s world that offers huge career choices if you have a passion for planning and managing product cycles. Overseas education in this ever-growing profession educates you with the latest technologies and business skills essential to land a high-paying career.
The master’s programs in product management provide students with all the necessary skills and expertise to become an efficient product manager. They cover several topics such as product development, product strategy, user experience and market research. The program equips students with a detailed understanding of product development and management processes. Abroad experiences also enhance the communication, team working and problem-solving skills of students.
After completing a master’s program in product management from abroad, students can gain excellent skills and experiences to become successful product managers. The basic skill sets which international students can gain are listed below.
- Ability to solve an analytical problem
- Creative mind-set
- Computing skills
- Ability to handle complex situations
- Confidence
- Flair for leadership
- Good grip to solve numerical skills
- Persuasive skills
A master’s program in product management widely focuses on designing and developing efficient products to meet and fulfill customer needs. The course is generally divided into three categories that include technical product management, strategic product management and product marketing. It covers several business-related concepts like developing, organizing, managing and marketing a product and enables students to work as sales managers, product marketing managers, product brand managers and business development managers.
More About Study Abroad
N/A
N/A
