Engineering Manager

You are already making more than MBA grads if you tier 1 cs grad

Founder

For anyone graduating from a tier 1 college in undergrad and have a job in Software engineering / Customer Success/ Product success/ Product consulting  , is a tier 1 MBA worth it if you want to pi...

Welcome to Business Roles's Private Community

For anyone graduating from a tier 1 college in undergrad and have a job in Software engineering / Customer Success/ Product success/ Product consulting  , is a tier 1 MBA worth it if you want to pivot to Product Management. 
 
Is it true that all the top PM roles are taken by people who have a tier 1 MBA?

Is an MBA worth it in 2023?

Product analyst

Is an MBA worth it in 2023?- Grapevine

Welcome to Product Managers's Private Community

Is a Tier 1 MBA needed for a PM role ?

I am a Tier 1 MBA with 3.5 years of tech work-ex in service based company. Will be graduating in mar’23. The on-campus hiring for Product roles is pretty bad right now. How do I land an off campus product role at a decent company with decent pay

Tier 1 MBA Product Role

Product Owner

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

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

Product Manager

This is not a question for the cocky new grad in the overvalued startup, but for the few seasoned PMs that still reply out here.

Where do PMs go after they peak?

By peaking I mean arriving at a GPM or Staff PM position at the top 10-15 companies (you can do your own ranking here).

Nobody has the true statistics but I will use the assumption that 75% (debatable) of those who peak, will get laid off within 2 years from their ‘peak role’. The remaining will be able to progress into DoP and VP in the same top company or another in the top 15.

Where do they go then?

I am pretty positive, from experience, that they don’t go any up.

Do they go down the ladder of new startups for titles and ending up in the worst ones after being laid off 4-5 times? Do they quit all together?

Do they open a farm?

Do they start their own startup?

Comments and thoughts folks!

Where Do PMs Go After They Peak?

Software Developer

Welcome to Software Engineers's Private Community

I (M22) currently have about 8 months (2023) of SWE experience working at a European tech company making roughly 12Lpa. I am planning of going for a MBA in the next 2-3 years but only if I get into a top b-school. I am highly ambitious and hope to climb the MANGA corporate ladder to a C suite/exec level position in the next 15-20 years. Will an MBA make sense for my goals and what sort of roles do tech giants usually hire for from top iims/isb and the likes? 
Is going for a MBA going to fast track my career or should I just grind the swe -> sdm -> director path with just a B.Tech degree ( Tier-2 private university)

MBA for career advancement?

I am a frontend engineer in a startup with a CTC of 7. I am also from a tier 3 engineering college graduated last month.
I want to become a product manager in the future. 
So my question is what things I should to achieve my goal. Will doing an MBA help me, if yes which is more better MBA from old IIM’s, ISB or global MBA ?

MBA for product manager role

Frontend Engineer

Hi Guys,
I  am working as a software developer in Oracle( btech from old IIT) . Its been 2 years and I now want to switch to management consulting (preferable in MBB) to experience it so want to give MBA.

1. I did some research but I want to gain some information on the salary aspect of it. I heard that the salaries are not that high they would probably be in the same range that I am getting now. BUT, I want to know in the long run do consultants get more hikes compared to tech roles? 

2. I heard the wlb is pretty bad so is there some resource that I can study to know if thats the right suit for me since its a big risk I’ll be taking moving on to a different field. There are some good exit opportunities also I believe after MBB can someone tell more about it.

Would really appreciate some answers on this. Its on my head for a long time. Cheers!

MBB roles salaries in long run/ worth taking risk

Sharing some reflections on this:

1. Product is not a function with a large hierarchy / multiple levels in the ladder. Managerial responsibility comes in very late in the product career and the spans are typically small (relative to other functions like engineering, sales, operations). This also means a steeper funnel to the top and only a handful VP Product roles in the industry.

2. Product is centered around technology and digital consumer trends, both of which are fast changing. This requires constant unlearning and relearning. But more critically, this also means that previous knowledge/experience hits a plateau on marginal value beyond a basic threshold (where you have developed some essential product semse and skills).

3. Product managers are also much higher-paid vs other functional peers, at comparable years of experience. This means that a PM gets to a very high salary (say, 1+ crore) by the age of 40 (15-20y into their career). Tech functions in non-tech companies (like FMCG, banking) cannot offer that kind of pay, meaning salary growth beyond a point is limited to tech-first companies / limiting addressable market for lateral moves.

All of these considererd, how should PMs think about the longevity of their careers? Unlike traditional roles, this does not seem like a "retire at 60" job. What would be the realistic age one should plan for, at which career growth and salary growth will stagnate? What are ways in which a 80%ile PM can extend their career (eg: also taking up engineering management or P&L responsibility or growth function etc., to increase scope)?

PS: this post is not for the top 5-10% PMs. They will always find roles at VP level etc, this is for the 50-90%ile bucket of PM talent.

Longevity of a product career

Will commend you on a very well written and well articulated post. 
  
 Options for the future will be apparent at ~40.  Most peak roles will be achieved between 45-50. 
  
 Possible exits: 
  
 1. Running Category roles at companies which have a broad canvas, multiple product categories. 
 2. Deputing for and eventually running a P&L or a LoB. 
 3. Sales or more critically Customer Success.  Don't shy away from revenue responsibilities. 
  
 Engineering is a sharp left turn imo.  It's not an overlapping skillset at best and don't see how that is part of a PMs likely roadmap.

Sales Manager

Investor

Most of the product managers I have interacted with   have MBA/PGDM degrees. With an experience of 12 yrs in the service company, what would be my prospects of cracking a PM role in start up/other companies

How important is a MBA degree for the role of Product Manager

With over 10+ years of experience in Product management within the insurance and Fintech sector, I’ve realized that product management is still not understood/defined well as a role. I’m open to all sort of queries.

Ex-Policybazaar Product Head #AMA

Welcome to Office Gossip's Private Community

Note - I am a product manager too

4 out of 5 product managers will act all high and mighty of themselves, bragging their way as if they run everything going on in the company, flaunting their business degrees and being utterly disrespectful towards their team( dev design qa name it), 

Recently started going to office so the attitude I am seeing is very transparent and more visible (more with the higher experience folks)

It makes me wanna leave this hyper inflated role, thinking of I will end up like them scares me, and you have to do is speak out jargons in meetings day in day out and have a English accent of Shashi Tharoor.

Recently my manager told that this is a role where you have to very representable or very visible and act in floor as if you are the busiest person on earth and I seriously some PMs in company doing that, they walk so fast in floor as if they will fall off or would be better to have 4 legs.

I am done with this product management shit

Hey everyone, excited to be doing this AMA!

A brief about me, I work currently as a Director of Product at an Indian unicorn startup 

About my career: 
- Did my undergrad from IIT and then masters from an Ivy league school
- Have been in product for almost 10 years now - across 2 Indian unicorn startups and a publicly listed company

Would love to take questions on what it means to be a PM, growing within the role, building your career, and other things :) 

Will be back here at 4 pm and start replying
Shoot away!

AMA 🎙️: Hey all, I am pmsprint, Director of Product Management at a Unicorn in India!

I'm a pre-MBA working professional.

1. Is it worth participating in a business case competition to build a good MBA profile?

2. Does winning a BCC make a difference in MBA admission selection?

3. If BCC is worth doing it then please send some recommendations.

Thank you!

Business Case Competition (BCC)

I work as a PM in a B2B SaaS startup and have an overall 4 years of experience all of which is in product management. Now, feeling a stagnant in growth and salary. I was wondering if I should try for an. MBA from IIMs or ISB?

My current package is around 36 LPA. I do not want to change my field and I like being a PM. Then does MBA make sense for me in long term?

Is an MBA worth it in 2023?

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