Singapore Management University Product Management (2023)

FAQs

Which institute is best for product management? ›

SMU's education is known for its highly interactive, collaborative, and project-based approach to learning. Home to over 12,000 students across undergraduate, postgraduate professional and postgraduate research programmes, SMU comprises seven schools: College of Integrative Studies. School of Accountancy.

The Singapore Management University acceptance rate is only 7%. This statistic proves the highly selective and competitive admission process. Hence, you will need a good mixture of academic scores and interview preparation to enter SMU.

Typically, product managers are expected to have a Bachelor's degree. However, that degree can be in product management, business administration, computer science, management sciences, or any related field. Therefore, you don't need an exact degree program to help you get to the product manager position.

Product management is a well-paid job and has a high level of job satisfaction. The product manager's salary is primarily based on years of experience, job location and skills. The average annual salary for product managers can range from $61,000 to $200,000 per year.

The top-5 companies offering the highest median base salaries for Product Management jobs are Flipkart, Microsoft, Amazon, PayTM and Oyo Rooms.

It's one of the seven universities in Asia with the AACSB Accreditation for its business and accountancy programs. The acceptance rate for Singapore Management University is 49%, which implies it's slightly selective. Take that with a grain of salt, as you would still need a stellar profile to get admitted.

For Singapore citizens, total tuition fees are between $22,500 to $53,200, an average of $37,850. Only NUS and SMU offer law degrees, and the annual course fees for both schools are $12,650. Thus, a four-year law degree costs $50,600. As for medicine, only NUS and NTU offer degrees in this area.

The business schools like NUS, Nanyang, and INSEAD have etched their names in the Top 100 MBA schools listed in the QS Global 2019 Rankings. With a range of grants, scholarships, and fellowship awarded to international students, an MBA in Singapore is an option worth considering.

Is SMU good for international students? ›

Overall, SMU is among the top schools for students from outside the United States. They are ranked 67th out of 1,232 in our Overall Best U.S. Colleges & Universities for International Students.

A premier university in the heart of Asia, SMU is internationally recognised for its world-class research and distinguished teaching.

Even an MBA degree will not guarantee a career in product management. If you can afford the MBA program, and you wish to study, go ahead. But the truth is MBA is not necessary, and if you want a better return on investment: build a product.

Although you currently don't need an MBA to land a job as a product manager, an advanced degree can help get your foot in the door when applying to high-profile companies. An MBA in product management can also help you climb the corporate ladder faster than you would with only a bachelor's degree.

An MBA isn't a magic bullet to a lucrative career in product management in the way it is for other traditional MBA careers like Consulting, Banking, and Brand Management. However, if you are willing to put in the work, securing a coveted Product Management role is definitely possible.

High work stress.

Being a product manager comes with high expectations that can often prove to be stressful. As a manager, you are not only responsible for the product development and delivery process, but also for the entire product management team.

With hands-on experience in this approach, a product manager can prosper in an executive leadership position. In sum, product managers play a crucial role in product development and acquire the right skills that will help them flourish in their career and ascend to the CEO post.

With great responsibility, comes great stress. Due to its versatility, the role of a product manager is extremely challenging. Although this career is also very rewarding and fulfilling, it can often be frustrating for many reasons.

The basic requirement to become a product manager in India is: Relevant bachelor's or master's degree in Business administration, management, computer science, engineering, marketing, economics, or a related field. 2-5 years of field experience in product development, testing, or product designing.

Switzerland: 177,000 CHF (around €169,400). The national average salary in Switzerland is about 124,000 CHF. France: €66,900.

What's higher than a product manager? ›

A Chief Product Officer (CPO) is the most senior product person in an organisation. They usually manage more than one team of product managers and represent product in the C-suite or management team.

SINGAPORE — Almost 90 per cent of undergraduates here said that work and study commitments were their greatest source of stress, a survey on mental health conducted by a network of university student unions showed.

Based on the table, the minimum GPA for admission is about 3.25. However, if you are aiming for harder degrees such as Computing or Engineering, you may need to score a much higher GPA of at least 3.7+.

If you are a student on a tight budget, Singapore is the place to be as it has a great part-time work policy for working students. World-class in education, internationally acclaimed universities and affordable education costs - no wonder Singapore is fastemerging as a preferred global education hub.

NUS has retained its position as the 24th most prestigious university worldwide, in the latest Times Higher Education (THE) global reputation ranking. Harvard University clinched the top spot, while the Massachusetts Institute of Technology (MIT) and the University of Oxford came in second and third respectively.

The cost of education and living in Singapore is relatively lower than that of the UK or US. With education grants and scholarships readily available, a foreign student can easily pursue graduate or higher studies without worrying about expenses. The average tuition fee for a year is around 30 lakhs.

Also, according to Expatistan.com, the cost to study in Singapore is much more affordable compared to the UK, Australia and America.

Are SAT Subject Tests required for admission? SAT Subject Tests are not required.

What should I study to become a product manager? ›

To become a product manager after your 12th standard exams, you need to first earn your bachelor's degree preferably in advertising, marketing, economics, or communications. Post that, consider going for a master's degree in management since many companies prefer candidates with a postgraduate degree.

However if one plans to be a product manager specific to design or technical products, the science stream would be preferred. One can either apply for a bachelor's degree in business management and then apply for a Masters's program in business management.

You'll learn about negotiation, marketing, customer research and psychology, and people skills — all of which are essential for product management. Therefore, the crux is, MBA will help you in the process to become a product manager, but it's not essential.

The average product manager yearly salary is US$111,868, according to Glassdoor, as the American national average. The average product manager salary in the USA.

And obviously, a profession this awesome—where you bring products to market that could help thousands or even millions of people—can't always be easy. Product management (PM) is a challenging career. It's high stakes. It's demanding.

Because product management blends so many skills and responsibilities, it can be a difficult role to achieve. Product managers often work in other jobs before demonstrating the ability to develop a new product and lead a team. It requires persistence, which makes landing the position worthwhile.

What's the hardest part of product management? Our research shows that the hardest parts of the job for many product managers are organizational comms, managing deadlines, team alignment, and balancing different responsibilities.

Synopsis. Product Managers may not continue to rise in the future although they are in high demand in the business world all across the globe today. Donning multiple hats in a workplace, these multifaceted professionals called 'Product Managers' are in high demand in the business world all across the globe.

Who earns more: product manager or project manager? Generally, product managers make more than project managers in the US. The average product manager's salary in the US is $111,755 a year, while a project manager in the US makes an average salary of $87,637, according to August 2021 data from Glassdoor.

Can I do product management without maths? ›

As commerce without maths student, you can quickly pursue a career in this field. Although most jobs for this field require a graduate degree, having specialized certification in product management will substantially enhance your chances of bagging this role.

Summary (Top) The key takeaway is that a CS degree is definitely not a requirement to be a PM, even at companies like Google, Facebook and Amazon. While product management is a technical job, the core skill that leading companies seek is technical fluency - how you learn that skill is irrelevant.

The salaries are generous, the perks are good, the work is rewarding, and the position is in high demand; if that sounds good to you then, yes, Product Manager is a good career. In 2016, the Wall Street Journal reported that Product Manager was the most coveted job title among MBA graduates.

High work stress.

Being a product manager comes with high expectations that can often prove to be stressful. As a manager, you are not only responsible for the product development and delivery process, but also for the entire product management team.

This Product Management free course online is a 2-hour course that includes a quiz too. The time it takes to complete the course varies from person to person, and it should, however, be completed in 2.5-3 hours.

Minimum qualifications: Bachelor's degree or equivalent practical experience. 4 years of technical product management experience such as creating strategic product roadmaps and working with cross-functional teams. Experience driving product vision, go-to-market strategy, and design discussions.