Masters in Product Management Abroad for Indian Students

authorImageMbbs 23 Apr, 2024
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Masters in Product Management Abroad for Indian Students

Masters in Product Management Abroad for Indian Students - People that take product management courses learn how to make and manage goods very well. These courses cover a variety of business principles, including development, organisation, and product marketing. Product Management courses primarily teach students how to manage items inside a firm, as well as how to create designs and determine prices for products.

 

Product management courses are accessible both online and offline. The Product Management course requires completion of 10+2 from a recognised board. However, certain courses are provided at the postgraduate and master's levels. Coursera, edX, and Udemy provide some of the most popular online product management courses, while degree-level courses include MBA, BBA, and Ph.D. in management.

Masters in Product Management Abroad for Indian Students

Product Management degrees cost between INR 10 and 20 lakhs if pursued offline at India's best management institutes, while online courses cost between INR 5 and 35 lakhs. However, there are various Product Management courses available for free.

After finishing the Product Management courses, individuals can find lucrative and high-profile work opportunities in both the commercial and public sectors. CISCO, IBM, HCL, Google, Cognizant, Amazon, and TCS are among the top firms looking for Product Manager positions. According to Glassdoor, the average compensation in India for Product Management graduates is INR 15,00,000, which grows with experience and abilities.

Masters in Product Management Abroad for Indian Students - Eligibility Criteria

  • Candidates seeking admission to various institutes in this programme must be graduates. They must have a degree from a recognised university or board.

  • Candidates having a background in science, arts, commerce, business administration, or any other subject are welcome to apply to any institute offering this postgraduate programme. They may, however, have to pass the admission exam.

  • Any student who has already completed post-graduate level studies in any area and wishes to register in this course is encouraged to apply.

  • According to surveys, most universities that offer Product Management degrees accept students with at least a 50% undergraduate GPA. Students from the reserved category, on the other hand, are not required to satisfy any minimum academic standards in order to be admitted.

  • An applicant asking for admission to this course has no age restrictions. He or she must be at least 20 years old to be considered for admission to such institutes.

Check the university pages for information on qualifications for studying abroad, since they vary per school. However, an overview would contain the following:

  • IELTS 6.5 (no band less than 6.0).

  • International Baccalaureate (standard level 5)

  • TOEFL iBT (88 or above with minimum scores in the components listed below:

    • Listening and Writing - 21

    • Reading – 22

    • Speaking - 23

  • INDIA Standard XII (70% or more from Central and Metro State Boards)

  • GMAT/GRE (average GRE - 321, average GMAT - 691)

  • LOR/SOP

Masters in Product Management Abroad for Indian Students - Application Process

The application process is ongoing and begins months before classes begin. International students can begin their studies at universities through two primary intakes: autumn and winter. You may contact our Leverage Edu professionals at 1800 572 000 to learn how the application process can be expedited. Here's a simple five-step approach to finish your application:

  • Call 1800 572 000 to select your preferred institutions and courses. Begin your application to various institutions using our one dashboard platform.

  • Compile all of your documentation, including SOPs, essays, diplomas, letters of recommendation, and exam results such as IELTS, TOEFL, GRE, GMAT, and others.

  • Complete all application deadlines and begin the application process for housing, student visas, and scholarships/loans.

  • Accept the offer letter and meet your professors, college classmates, and housemates digitally.

  • Get your visa granted and travel to your preferred university.

Masters in Product Management Abroad for Indian Students - Universities and Fees Details

According to a National Centre for Education Statistics study conducted between 2018 and 2019, the average tuition for a graduate public institution in the United States is $12,171. The cost of a Master's Degree in Product Management varies by institution.

For example, if you go to a non-profit private university, you may have to pay more. According to the NCES, the average cost would be $27,776. Furthermore, a for-profit private institution would cost you $14,208, although these are not actual prices. According to the data, a master's degree in product management might cost between $10,000 and $60,000.

Furthermore, the cost of your course covers campus amenities, housing expenses, food, transportation, and textbooks. To make an educated decision while picking a programme, you should examine all costs.

Course Name

Average Annual Fees(INR)

Narsee Monjee Institute of Management Studies, Mumbai

3,02,000

Narsee Monjee Institute of Management Studies, Hyderabad

2,52,000

ICFAI Business School, Hyderabad

2,60,000

Christ University, Bangalore

1,66,000

JK Business School, Gurgaon

93,000

Jindal Global Business School, Sonepat

4,50,000

Lovely Professional University, Jalandhar

1,12,000

OP Jindal Global University, Haryana

4,50,000

Shri Ram Murti Smarak International Business School, Uttar Pradesh

25,550

Reva University, Karnataka

1,00,000

Masters in Product Management Abroad for Indian Students - Career Opportunities

Master's degrees in product management provide good prospective career opportunities, with wages typically starting around INR 10 LPA and rising to INR 40+ LPA for senior positions in India. The following are some of the top job profiles after completing a Master's degree in Product Management, along with their typical salaries in India.

Job Profile

Average Salary

Product Marketing Manager

INR 12 LPA

Delivery Manager – Product

INR 24 LPA

Product Development Manager

INR 14.3 LPA

Assistant Manager – Product

INR 7 LPA

Group Product Manager

INR 18 LPA

Conclusion

If you want to pursue a master's degree in product management, you need to be aware of the eligibility requirements and which colleges provide the finest courses. Physics Wallah can provide you with all of this information. In this article, we explain the qualifying requirements and evaluate some of the best colleges that offer master's degrees in product management. So, if you're looking to enhance your profession, check our blog for more information!

FAQs

Q.1. Why do we require product management?

Ans. Product Management courses are particularly beneficial since they focus on creating, organising, developing, and selling a product so that it meets the needs of the client, maximising an organization's sales and profit. Product management has a direct influence on the company's output and profitability.

Q.2. Which degree is the best for product management?

Ans: The University of Virginia's Digital Product Management course on Coursera is widely regarded as the best product management course available.

Q.3. What are you studying in product management?

Ans: Product Management courses teach students about a variety of business principles, including product development, organisation, design, and marketing.

Frequently Asked Questions

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