2025 Best MBA Programs in Product Management

MBA Programs in Product Management
Tuition, ROI, Graduate Salary, GMAT Requirements

10 Best Ranked | Interactive Table | Salaries | Tuition | ROI | GMAT | Alumni Networking | How We Rank

Executive Summary for MBA Programs in Product Management MBA Programs

The ranking team at MBAGuide.org, evaluated 23 Product Management MBA programs. Here is a summary of our comprehensive findings. Explore the details about the Product Management MBA, compare schools, find states and cities where the degree is offered.

1. Comprehensive comparisons, data and analysis – MBAGuide conducted an in-depth analysis of 23 AACSB-accredited campus MBA programs in Product Management to find the top programs in the country.
2. Ranking metrics you care about – such as average starting salaries, tuition fees, return on investment (ROI), GMAT scores, alumni networks, student-to-faculty ratios, and more with no paywall.
3. Detailed school profiles of Product Management MBA programs their strengths, faculty expertise, alumni networks to help align your program choice

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Best 10 MBA Programs in Product Management

Interactive Table of the Best Ranked MBA Programs in Product Management

Easily sort the interactive table below to find the best Product Management MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Product Management. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	Emory University	-1.00%	$151,689	$149,759	GA	No
2	Carnegie Mellon University	-0	$147,456	$148,067	PA	Yes
3	Washington University in St. Louis	-12.00%	$134,020	$117,687	MO	Yes
4	University of California, Davis	14.00%	$95,438	$109,075	CA	Yes
5	University of Cincinnati	263.00%	$23,996	$87,013	OH	Yes
6	University of Nebraska-Lincoln	185.00%	$32,400	$92,300	NE	Yes
7	San Jose State University	131.00%	$39,270	$90,800	CA	Yes
8	University of Massachusetts Lowell	193.00%	$26,127	$76,600	MA	Yes
9	Wright State University	310.00%	$28,080	$115,000	OH	Yes
10	Minnesota State University Moorhead	224.00%	$26,220	$85,000	MN	Yes
11	Northern Illinois University	258.00%	$26,096	$93,400	IL	Yes
12	University of Arkansas at Little Rock	250.00%	$18,071	$63,300	AR	Yes
13	California State University, Chico	266.00%	$24,000	$87,750	CA	Yes
14	University of Detroit Mercy	160.00%	$28,050	$72,900	MI	Yes
15	University of Wisconsin-Stevens Point	107.00%	$28,224	$58,350	WI	No
16	University of Alaska Fairbanks	229.00%	$27,202	$89,474	AK	Yes
17	State University of New York at Oswego	173.00%	$22,860	$62,400	NY	Yes
18	The University of Rhode Island	208.00%	$24,000	$73,900	RI	Yes
19	University of Toledo	212.00%	$23,506	$73,300	OH	Yes
20	University of Nebraska at Kearney	450.00%	$13,293	$73,150	NE	Yes
21	University of West Florida	359.00%	$12,460	$57,200	FL	Yes
22	Fayetteville State University	79.00%	$30,268	$54,300	NC	Yes
23	East Carolina University	241.00%	$18,072	$61,600	NC	No

An MBA program in Product Management will cost you between $12,460.00 to $151,689.00.

• Number of Programs Offering Product Management MBAs: 23
• Average GMAT Score for Product Management MBA Programs: 581
• Average In-State Tuition for Product Management MBA Programs: $43,512.96
• Average Graduate Salary for Product Management MBA Programs: $86,623
• Average ROI for Product Management MBA Programs: 195%

Compare Product Management MBA Program Averages vs Campus

Averages	MBA Programs	Online MBA Programs
Number of Programs	23	20
Average Starting Salary	$86,623	$86,131
Average MBA Tuition	$43,513	$40,141
Average ROI	195%	208%
Average GMAT Scores	581	578
Average Full-Time MBA Faculty	61	61
Average MBA Student Faculty Ratio	18:1	17:1
Faculty with Doctorate	84%	84%
Average Full-Time MBA Enrollment	298	315
Average Part-Time MBA Enrollment	322	349
Average % of MBA Students from U.S.	84%	84%

Read about our ranking methodology.

What is the Average MBA Salary for Product Management Graduates?

Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in Product Management can be significantly higher than those of graduates with only a bachelor’s degree. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 13.5% each year through the year 2028 with an annual need of 99,000 new managers needed each year.

MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from Fayetteville State University, the average MBA graduate annual salary is $54,300 . A degree from Emory University, will provide an annual salary of $149,759.

Average MBA starting salary for graduates from accredited programs is $86,623 with the lowest of starting of $54,300 and the highest reported starting salary of $149,759.

Average Graduate Salaries for In-Person Product Management MBA Programs

• Average Product Management: $86,623
• Lowest Product Management: $54,300
• Highest Product Management: $149,759

Average Salary for Graduate of MBA Programs in Product Management Programs – Interactive Table

Easily sort the interactive table below to find the best Product Management MBA programs by Starting Salary, and Campus or Online to find and to compare MBA programs in Product Management. Click on any school for a comprehensive school profile.

Rank	University	Avg. Starting Salary	In State Tuition	ROI	State	Online
1	Fayetteville State University	$54,300	$30,268	79.00%	NC	Yes
2	University of West Florida	$57,200	$12,460	359.00%	FL	Yes
3	University of Wisconsin-Stevens Point	$58,350	$28,224	107.00%	WI	No
4	East Carolina University	$61,600	$18,072	241.00%	NC	No
5	State University of New York at Oswego	$62,400	$22,860	173.00%	NY	Yes
6	University of Arkansas at Little Rock	$63,300	$18,071	250.00%	AR	Yes
7	University of Detroit Mercy	$72,900	$28,050	160.00%	MI	Yes
8	University of Nebraska at Kearney	$73,150	$13,293	450.00%	NE	Yes
9	University of Toledo	$73,300	$23,506	212.00%	OH	Yes
10	The University of Rhode Island	$73,900	$24,000	208.00%	RI	Yes
11	University of Massachusetts Lowell	$76,600	$26,127	193.00%	MA	Yes
12	Minnesota State University Moorhead	$85,000	$26,220	224.00%	MN	Yes
13	University of Cincinnati	$87,013	$23,996	263.00%	OH	Yes
14	California State University, Chico	$87,750	$24,000	266.00%	CA	Yes
15	University of Alaska Fairbanks	$89,474	$27,202	229.00%	AK	Yes
16	San Jose State University	$90,800	$39,270	131.00%	CA	Yes
17	University of Nebraska-Lincoln	$92,300	$32,400	185.00%	NE	Yes
18	Northern Illinois University	$93,400	$26,096	258.00%	IL	Yes
19	University of California, Davis	$109,075	$95,438	14.00%	CA	Yes
20	Wright State University	$115,000	$28,080	310.00%	OH	Yes
21	Washington University in St. Louis	$117,687	$134,020	-12.00%	MO	Yes
22	Carnegie Mellon University	$148,067	$147,456	-0	PA	Yes
23	Emory University	$149,759	$151,689	-1.00%	GA	No

What is the Average In-Person MBA Tuition for Product Management Programs?

If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An MBA program can provide the flexibility of completing a program while being employed in your respective career.

The average in-state tuition for an MBA in Product Management is $43,512.96 compared to an average campus program Product Management is $43,512.96 .

The lowest AACSB tuition rate at $12,460.00 from University of West Florida.

The highest AACSB tuition rate is $151,689.00 from Emory University.

Average Tuition for In-Person MBA Programs in Product Management

• Average: $43,512.96
• Lowest: $12,460.00 from University of West Florida
• Highest: $151,689.00 from Emory University

Interactive Table – Tuition for MBA Programs in Product Management Programs

Easily sort the interactive table below to find the best Product Management MBA programs by Tuition to find and to compare MBA programs in Product Management. Click on any school for a comprehensive school profile.

Rank	University	In State Tuition	Avg. Starting Salary	ROI	State	Online
1	University of West Florida	$12,460	$57,200	359.00%	FL	Yes
2	University of Nebraska at Kearney	$13,293	$73,150	450.00%	NE	Yes
3	University of Arkansas at Little Rock	$18,071	$63,300	250.00%	AR	Yes
4	East Carolina University	$18,072	$61,600	241.00%	NC	No
5	State University of New York at Oswego	$22,860	$62,400	173.00%	NY	Yes
6	University of Toledo	$23,506	$73,300	212.00%	OH	Yes
7	University of Cincinnati	$23,996	$87,013	263.00%	OH	Yes
8	California State University, Chico	$24,000	$87,750	266.00%	CA	Yes
8	The University of Rhode Island	$24,000	$73,900	208.00%	RI	Yes
10	Northern Illinois University	$26,096	$93,400	258.00%	IL	Yes
11	University of Massachusetts Lowell	$26,127	$76,600	193.00%	MA	Yes
12	Minnesota State University Moorhead	$26,220	$85,000	224.00%	MN	Yes
13	University of Alaska Fairbanks	$27,202	$89,474	229.00%	AK	Yes
14	University of Detroit Mercy	$28,050	$72,900	160.00%	MI	Yes
15	Wright State University	$28,080	$115,000	310.00%	OH	Yes
16	University of Wisconsin-Stevens Point	$28,224	$58,350	107.00%	WI	No
17	Fayetteville State University	$30,268	$54,300	79.00%	NC	Yes
18	University of Nebraska-Lincoln	$32,400	$92,300	185.00%	NE	Yes
19	San Jose State University	$39,270	$90,800	131.00%	CA	Yes
20	University of California, Davis	$95,438	$109,075	14.00%	CA	Yes
21	Washington University in St. Louis	$134,020	$117,687	-12.00%	MO	Yes
22	Carnegie Mellon University	$147,456	$148,067	-0	PA	Yes
23	Emory University	$151,689	$149,759	-1.00%	GA	No

What is the Average ROI for MBA Programs in Product Management?

Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.

By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.

For MBA programs in across the U.S., the ROI ranges from -12% to 450%.The lowest MBA ROI of -12% is from the program at Washington University in St. Louis.The highest MBA ROI of 450% is offered by University of Nebraska at Kearney.On average, MBA programs across the U.S. have an ROI of 186%.

Interactive Table – ROI for MBA Programs in Product Management Programs

Easily sort the interactive table below to find the best Product Management MBA programs by ROI to find and to compare MBA programs in Product Management. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	University of Nebraska at Kearney	450.00%	$13,293	$73,150	NE	Yes
2	University of West Florida	359.00%	$12,460	$57,200	FL	Yes
3	Wright State University	310.00%	$28,080	$115,000	OH	Yes
4	California State University, Chico	266.00%	$24,000	$87,750	CA	Yes
5	University of Cincinnati	263.00%	$23,996	$87,013	OH	Yes
6	Northern Illinois University	258.00%	$26,096	$93,400	IL	Yes
7	University of Arkansas at Little Rock	250.00%	$18,071	$63,300	AR	Yes
8	East Carolina University	241.00%	$18,072	$61,600	NC	No
9	University of Alaska Fairbanks	229.00%	$27,202	$89,474	AK	Yes
10	Minnesota State University Moorhead	224.00%	$26,220	$85,000	MN	Yes
11	University of Toledo	212.00%	$23,506	$73,300	OH	Yes
12	The University of Rhode Island	208.00%	$24,000	$73,900	RI	Yes
13	University of Massachusetts Lowell	193.00%	$26,127	$76,600	MA	Yes
14	University of Nebraska-Lincoln	185.00%	$32,400	$92,300	NE	Yes
15	State University of New York at Oswego	173.00%	$22,860	$62,400	NY	Yes
16	University of Detroit Mercy	160.00%	$28,050	$72,900	MI	Yes
17	San Jose State University	131.00%	$39,270	$90,800	CA	Yes
18	University of Wisconsin-Stevens Point	107.00%	$28,224	$58,350	WI	No
19	Fayetteville State University	79.00%	$30,268	$54,300	NC	Yes
20	University of California, Davis	14.00%	$95,438	$109,075	CA	Yes

ROI for MBA Programs

• Average: 186%
• Lowest: -12%
• Highest: 450%

What is the Average GMAT Score Needed for an MBA Program in Product Management?

The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.

Even though some B-Schools may not require a GMAT Scores, there’s a good chance that a highly-competitive MBA program does require the GMAT. With that being said, average GMAT Scores for in-person MBA programs in Product Management is 581 with a highest of 709 and the lowest of 470

The average GMAT score needed for a Product Management MBA program from an institution is between 470 from East Carolina University to 709 from Emory University. The average GMAT scores for Product Management MBA programs is 581.

It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score. The average GMAT Score for on-campus MBA programs in Product Management is a 581.17 compared to an average MBA program score of 581.17. It is recommended that each B-School applicant take a GMAT diagnostic test in order to determine whether or not further study and/or a prep course is needed to boost your score.

Average GMAT Score for MBA Programs in Product Management

• Average: 581
• Lowest: 470
• Highest: 709

No GMAT or GRE: Best MBA Programs in Product Management

More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.

Alumni from Schools Offering an MBA in Product Management

There are pros and cons when considering the size of your MBA in Accounting program. Larger, more diverse student populations, may lend itself to greater networking and job placement opportunities; whereas smaller programs may provide for more meaningful interactions with fellow classmates.

The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated when considering an MBA program. The average MBA enrollment size has a direct impact on your studies, your job prospects, your ability to define your career goals and after graduation connections.

Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.

For Product Management MBA programs, the range for full-time enrollment is between 9 and 1,770. For part-time enrollment, the range is between : 32.00 and : 1,037.00.

Average Enrollment for MBA Programs Offering an MBA in Product Management

• Lowest: 9 from University of Nebraska at Kearney
• Highest: 1,770 from Washington University in St. Louis
• Average: 298 from 23 MBA Programs.

Student / Faculty Ratio for MBA Programs in Product Management

For most students, their professors are the first exposure to the business world. They are normally practitioners in the field and have successful risen to the top of their respective careers. B-School Product Management Professors can guide you toward a specific concentration, provide the latest industry trends, and put you on the right track, career-wise. The Student/Faculty ratio is important to those interested in building a lasting relationship with their professor. To use them as a networking opportunity and an advisor.

Top 10 Concentrations Available from Schools Also Offering an Degree in Product Management?

Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Product Management businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 MBA concentrations including:

• Product Management: 23
• General Business: 20
• Accounting: 19
• Finance: 19
• Corporate Finance: 18
• Marketing: 18
• Information Systems: 15
• Management: 14
• Data Analytics: 14
• Entrepreneurship: 12

Here are the top schools offering the widest variety of concentrations to choose from:

• David B. O’Maley College of Business: 30
• Nova Southeastern University: 25
• University of Cincinnati: 24
• Suffolk University: 23
• Harvard University: 23
• Temple University: 23
• Drexel University: 23
• University of Baltimore: 22
• University of California, Berkeley: 22
• The Ohio State University: 22

The Importance of MBA Accreditation for MBA Programs

The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.

AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.

MBA Program Options Available for Product Management MBA Programs

Options for earning your Product Management MBA have never been more flexible. Product Management MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.

There are 23 Product Management accredited MBA programs. 0 private and 19 public schools offering Product Management MBA programs.

Number of Award Earned for MBA Programs Offering an Product Management Degree

The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.

Of the 23 accredited MBA programs offered in Product Management, 22 of them have been recognized by at least one distinguished publication MBAGuide, PQ, US News, Forbes, BW, FT and Economist garnering an award as one of the best MBA programs in the country.

• Emory University: 7
• Washington University in St. Louis: 7
• Carnegie Mellon University: 7
• University of California, Davis: 5
• University of Cincinnati: 4
• The University of Rhode Island: 1
• University of Nebraska-Lincoln: 1
• Fayetteville State University: 1
• University of Massachusetts Lowell: 1
• State University of New York at Oswego: 1
• University of West Florida: 1
• University of Wisconsin-Stevens Point: 1
• Minnesota State University Moorhead: 1
• Wright State University: 1
• Northern Illinois University: 1
• California State University, Chico: 1
• University of Alaska Fairbanks: 1
• University of Nebraska at Kearney: 1
• University of Arkansas at Little Rock: 1
• University of Toledo: 1

Publications and the number of awards granted for an MBA degree in Product Management :

• MBAGuide: 22
• US News: 5
• Forbes: 4
• BW: 4
• FT: 3
• Economist: 4

How We Rank the Best MBA Programs in Product Management

MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.

What is an MBA in Product Management?

Product management is an increasingly sought after field with many organizations looking for talented individuals to fill the role. Product managers are responsible for the development, launch, and maintenance of products, which requires a range of skills. They must have a deep understanding of the market and customer needs, as well as the ability to develop strategies and execute on them. Product managers also need excellent communication and organizational skills, as well as strong leadership abilities. To gain these skills, many professionals opt to pursue an MBA in product management, which is designed to provide the necessary knowledge and skills to succeed in this field.

What is an MBA in Product Management?

An MBA in Product Management is a specialized degree program designed to provide students with the necessary skills and knowledge to become successful in the field of product management. This program typically combines business management courses with courses focusing on product development and marketing.

Students learn the fundamentals of product design, pricing, market research, strategy formation, and customer service. They gain an understanding of the principles of product lifecycle management and how to effectively manage the entire product lifecycle. Additionally, students explore topics such as business analytics, data-driven decision making, and project management. With an MBA in Product Management, graduates are prepared to lead product teams and contribute to business success in dynamic organizations.

What is the Career Outlook for Product Management MBAs?

The career outlook for Product Management MBAs is highly promising. According to the US Bureau of Labor Statistics, the job outlook for product managers is expected to grow by more than 10 percent in the next decade. Product management is an essential and ever-evolving role in the technology industry, and MBAs with a specialization in product management are in high demand.

Companies are looking for professionals with a deep understanding of the product development process and an ability to anticipate customer needs. With an MBA in Product Management, graduates can expect to find positions as product managers, product strategists, or product owners in tech companies, startups, and other organizations.

Employment for Product Management MBAs is projected to grow -5.5% percent nationwide from 2018 to 2028, with an average annual need for 16,800 new Product Managers a year until 2028, according to the US Department of Labor.

Area	2018	2028	Change	%Change	Avg. Annual Openings
United States	263,200	248,800	-14,400	-5.5	16,800
Alabama	2,390	2,270	-120	-5	150
Alaska	1,700	1,830	130	7.6	140
Arizona	2,950	3,020	70	2.4	220
Arkansas	3,250	3,250	0	0	230
California	43,300	41,500	-1,800	-4.2	2,830
Colorado	810	840	30	3.7	60
Connecticut	1,490	1,420	-70	-4.7	100
Florida	27,070	27,300	230	0.8	1,960
Georgia	7,920	7,900	-20	-0.3	560
Hawaii	1,430	1,330	-100	-7	90
Idaho	2,870	3,130	260	9.1	30
Illinois	12,070	11,060	-1,010	-8.4	720
Indiana	5,340	5,020	-320	-6	340
Iowa	3,700	3,430	-270	-7.3	230
Kansas	5,020	4,720	-300	-6	320
Louisiana	670	690	20	3	0
Maine	1,220	1,090	-130	-10.7	70
Maryland	4,520	4,320	-200	-4.4	420
Massachusetts	10,480	9,700	-780	-7.4	640
Michigan	4,430	4,020	-410	-9.3	260
Minnesota	6,940	6,480	-460	-6.6	430
Mississippi	1,250	1,290	40	3.2	0
Missouri	6,010	5,650	-360	-6	380
Montana	570	540	-30	-5.3	40
Nebraska	1,330	1,300	-30	-2.3	90
Nevada	1,220	1,250	30	2.5	90
New Hampshire	820	790	-30	-3.7	50
New Jersey	840	800	-40	-4.8	50
New York	14,480	14,290	-190	-1.3	1,000
North Carolina	5,040	4,890	-150	-3	340
North Dakota	2,360	2,210	-150	-6.4	150
Ohio	5,650	5,160	-490	-8.7	340
Oklahoma	5,110	4,760	-350	-6.8	320
Oregon	1,450	1,400	-50	-3.4	100
Pennsylvania	9,500	8,880	-620	-6.5	590
Rhode Island	420	390	-30	-7.1	30
South Carolina	4,020	4,020	0	0	290
South Dakota	1,300	1,320	20	1.5	90
Tennessee	8,970	8,850	-120	-1.3	620
Texas	7,220	7,440	220	3	540
Utah	6,340	7,220	880	13.9	570
Vermont	1,210	1,120	-90	-7.4	70
Virgin Islands	160	160	0	0	10
Virginia	7,620	7,330	-290	-3.8	500
Washington	4,120	4,810	690	16.7	460
West Virginia	1,280	1,220	-60	-4.7	80
Wisconsin	6,880	6,370	-510	-7.4	420

Product Management Earnings by State and Experience

According to data collected by the U.S. Bureau of Labor Statistics, top executives pay and employment in 2021 is listed in the table below.

State	Employment	1 to 4 Years	5 to 9 Years	10 to 15 Years	15 to 20 Years	20+ Years
Alabama	1,160	$49,480	$97,930	$161,290	$266,129	$401,854
Alaska	1,080	$66,800	$104,970	$143,070	$228,912	$345,657
Arizona	3,290	$67,640	$100,710	$158,440	$253,504	$382,791
Arkansas	1,950	$30,140	$65,020	$112,360	$171,690	$259,252
California	30,150	$88,330	$137,840	$137,840	$220,544	$333,021
Colorado	660	$86,040	$129,080	$182,030	$291,248	$439,784
Connecticut	570	$148,670	$181,520	$181,520	$290,432	$438,552
District of Columbia	1,570	$138,960	$184,850	$184,850	$295,760	$446,598
Florida	22,030	$57,340	$103,170	$182,900	$292,640	$441,886
Guam	300	$30,510	$64,050	$103,580	$152,580	$230,396
Hawaii	560	$80,740	$137,090	$137,090	$219,344	$331,209
Illinois	9,430	$99,230	$151,350	$151,350	$242,160	$365,662
Indiana	2,270	$50,330	$95,850	$145,770	$233,232	$352,180
Kansas	3,160	$33,570	$96,530	$144,060	$230,496	$348,049
Kentucky	2,710	$64,060	$96,460	$135,720	$217,152	$327,900
Louisiana	710	$83,240	$134,570	$194,250	$310,800	$469,308
Maine	1,130	$73,320	$91,400	$116,270	$196,060	$296,051
Maryland	–	$70,650	$127,700	$197,770	$316,432	$477,812
Massachusetts	7,190	$103,100	$147,440	$231,481	$370,369	$559,258
Michigan	2,710	$92,190	$138,280	$138,280	$221,248	$334,084
Minnesota	5,420	$91,430	$129,540	$181,550	$290,480	$438,625
Mississippi	740	$41,780	$84,850	$114,160	$158,090	$238,716
Missouri	4,540	$44,860	$97,760	$157,430	$251,888	$380,351
Montana	360	$36,530	$74,810	$121,250	$193,900	$292,789
Nebraska	1,580	$73,510	$110,460	$187,180	$299,488	$452,227
Nevada	1,370	$64,400	$125,530	$191,430	$306,288	$462,495
New Hampshire	630	$87,210	$107,680	$150,470	$240,752	$363,536
New Jersey	980	$128,090	$185,350	$233,350	$373,359	$563,772
New York	7,280	$94,670	$126,250	$198,213	$317,140	$478,881
North Carolina	3,070	$81,520	$135,660	$212,986	$340,778	$514,575
North Dakota	220	$84,420	$109,350	$129,040	$206,330	$311,558
Ohio	4,940	$67,380	$110,020	$175,520	$280,832	$424,056
Oklahoma	2,870	$41,400	$78,220	$125,880	$201,408	$304,126
Oregon	970	$98,870	$160,210	$251,530	$402,448	$607,696
Pennsylvania	7,010	$110,390	$149,680	$234,998	$375,996	$567,754
Puerto Rico	2,940	$42,520	$63,830	$97,490	$150,530	$227,300
Rhode Island	330	$124,390	$165,010	$259,066	$414,505	$625,903
South Carolina	3,460	$24,630	$100,450	$169,500	$271,200	$409,512
South Dakota	470	$151,970	$197,130	$309,494	$495,191	$747,738
Tennessee	9,450	$26,360	$76,640	$151,960	$243,136	$367,135
Texas	6,730	$115,500	$165,290	$259,505	$415,208	$626,965
Utah	5,470	$34,430	$81,720	$146,930	$235,088	$354,983
Vermont	630	$57,410	$90,940	$131,090	$209,744	$316,713
Virginia	6,480	$98,060	$177,980	$279,429	$447,086	$675,099
Washington	2,660	$138,120	$180,100	$282,757	$452,411	$683,141
West Virginia	990	$73,990	$100,970	$139,330	$207,810	$313,793
Wisconsin	3,230	$88,360	$112,090	$160,130	$256,208	$386,874
Wyoming	110	$28,240	$40,560	$123,790	$198,064	$299,077

What is the Difference Between a Product Manager and a Project Manager?

Product Managers and Project Managers are both responsible for the success of products, but they have very different roles. Product Managers are responsible for the idea, strategy, and roadmap of a product. They focus on understanding customer needs and creating a plan for product development. Project Managers, on the other hand, are responsible for executing on the product roadmap.

They manage the day-to-day tasks and ensure that each step of the product development process is completed on time and within budget. An MBA in Product Management provides skills in both product management and project management to give graduates an edge in their careers.

What Can I Do With an MBA in Product Management?

An MBA in Product Management can open up a variety of opportunities for aspiring professionals. Individuals with a degree in product management can find roles in both the private and public sectors, from startups to established organizations. These roles could include product management in technology, health care, finance, or consulting.

Product management MBAs may have the chance to work at top tech companies like Amazon and lead key initiatives in product development and strategy. Additionally, MBAs who specialize in product management can also participate in workshops such as the Tech Product Management and Product Marketing Management Workshop, sponsored by the Chicago Booth Technology Group and the Kilts Center for Marketing. By attending workshops like these, product management MBAs can stay up to date on the latest industry trends and develop their skills further.

What Skills Do I Need to be Successful In Product Management?

It’s important to have the right skills to be successful in product management. Product managers need to have a good understanding of the product or service they are managing, as well as a strong understanding of their target market and how to reach them.

They also need to have strong technical skills, be able to think strategically, and have excellent communication and collaboration skills. Product managers must also be able to manage multiple projects at once, prioritize tasks, and be able to make decisions in a timely manner. Additionally, having a good understanding of data analysis is essential for any successful product manager. An MBA in Product Management can provide students with the tools and knowledge they need to develop these important skills.