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FloatingDonut
FloatingDonut
Stealth

All the B-school grads have a question...is getting into IIM to get into the PM role justified?

What is the future scope of the PM job role...will it still be relevant after 10 years, Is going to IIMs spending close to 25 lakhs in this economy to get into a PM job role justified?? Context: I know many people will say you don't need IIM to break into PM, But considering I'm a 25 Male, from tier 3 college...currently working as a product designer with 8 lpa...so I think the only way to reach 25-30 lpa in hand by 28 is by joining IIMs

13mo ago
ZippyBoba
ZippyBoba
Stealth13mo

Program Manager or Product Manager?

FloatingDonut
FloatingDonut
Stealth13mo

Product manager

ZippyBoba
ZippyBoba
Stealth13mo

As a hiring manager, I honestly don't know what value add a recent passout with nil experience could bring to PM role versus someone with 4-5 years of experience in Ops+PM (From what I see, I'm assuming both would come at approx 25-30L package).

At work, I'm currently dealing with Program Managers who are 1 year out of B-School who have no clue of business but run programs.

BubblyCoconut
BubblyCoconut
Rebright Partners12mo

Hey, you mentioned you are a product designer. I'm trying to break into ux. Can you tell me the salary scope in this field? Also what do you think is the future of ux?

DizzyPickle
DizzyPickle
Stealth13mo

Role itself is a Scam!!!!

JazzyBagel
JazzyBagel
Reliance Retail13mo

Not necessary but desirable (as they write in JD) 😂

ZippyBoba
ZippyBoba
Stealth13mo

My honest advice to you is to make a switch to good product company and build out your craft. Invest your free time in mentoring folks, working on side projects, networking and some basic courses. Money will follow.

I'm from a Tier 2 B-School. I get paid on par or more than what some Tier-1 B-School grads get paid. The curve will catch up, maybe not so quickly, that's all.

Optimize as much as possible for good company, role, relationships and mentorship in your first 10 years.

PrancingPenguin
PrancingPenguin
Jio13mo

Coming for a top tier MBA college, I can say it with confidence that it’s becoming more and more tough to get into PM since there are too few a roles and too high a competition on campus. Plus placements are super random on campus, you would never know where you would land.

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Misc13mo
by FloatingDonutProduct Manager

Is getting into IIM to get into PM role justified?

What is the future scope of the PM job role...will it still be relevant after 10 years, Is going to IIMs spending close to 25 lakhs in this economy to get into a PM job role justified?? Context: I know many people will say you don't nee...

Top comments
user

An MBA (IIM or any reputed one) should ideally open up a lot of doors. Breaking into PM role would definitely be easi...

user

Started as a developer straight out of college. Shifted into Business Analysis later after 3 years and now working as...

Product Managers
Product Managers21mo
by ZestyDumplingProduct Manager

AMA - 6 years in PM + 5 years Analytics

Try to avoid asking questions which can doxx me on LinkedIn (that's where I post a little)

See if you can focus on asking questions around principles & not masala stories

Problem with masala stories is that you'll learn the wrong t...

Product Managers
Product Managers22mo
by GigglyUnicornProduct Manager

CTC check: 10LPA - APM - 1 YOE

I have been working as an APM at a series C startup for the last 1 year. I did my MBA from a tier 1 college. Worked as a full stack developer for 2 years before that.

Am I underpaid? What would be a fair market compensation.

Should I t...

Product Managers
Product Managers19mo
by GigglyPotatoProduct Owner

PM Salaries Have Crashed.

Met a PM from IIT / IIM with 4 years of experience. He is working at a well know soonicorn at a salary of 17 lakhs per year . He used to draw 30 lakhs per year in his last role before we was laid off . Interesting Times ahead

Top comments
user

A minute of silence to all the grapevine polls where salary expectations are so high 😁

user

Finally. This was long due. PM's are just overpaid.

user

Not just PM. I'm in Business roles for the past decade; People are offering me 50% less now. Fortunately not laid off...