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
$39,242
Average Tuition – Product Management MBA Programs
$91,237
Average Starting Salary – Product Management MBA Programs
581
Average GMAT Scores – Product Management MBA Programs
195%
Average ROI – Finance MBA Programs
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.
- 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.
- 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.
- Detailed school profiles of Product Management MBA programs their strengths, faculty expertise, alumni networks to help align your program choice
Best 10 MBA Programs in Product Management
The University of North Carolina at Chapel Hill
Kenan-Flagler Business School
Location:
- Chapel Hill
,
- NC
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Partnership
- ·
- Weekends
- Entrepreneurship
- Ethics
- Finance
- General Business
- Healthcare Administration
- Information Systems
- Leadership
- Management
- Marketing
- Operations Management
- Organizational Behavior
- Project Management
- Real Estate
- Supply Chain
Washington University in St. Louis
Olin Business School
Location:
- St. Louis
,
- MO
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Entrepreneurship
- Finance
- General Business
- Healthcare Administration
- Information Systems
- Marketing
- Operations Management
- Organizational Behavior
- Product Management
- Project Management
- Science and Technology
- Supply Chain
University of California, Davis
Graduate School of Management
Location:
- Davis
,
- CA
Control: Public
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Accounting
- Consulting
- Engineering
- Entrepreneurship
- Finance
- General Business
- Healthcare Administration
- Human Resources
- Information Systems
- Leadership
- Manufacturing
- Marketing
- Operations Management
- Organizational Behavior
- Product Management
- Project Management
- Real Estate
- Statistics
University of Cincinnati
Carl H. Lindner College of Business
Location:
- Cincinnati
,
- OH
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Communications
- Corporate Finance
- Data Analytics
- E-Commerce
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Human Resources
- Information Systems
- Insurance
- International Business
- Management
- Manufacturing
- Marketing
- Operations Management
- Product Management
- Project Management
- Quantitative Methods
- Real Estate
- Science and Technology
- Taxation
George Mason University
School of Business
Location:
- Fairfax
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Information Systems
- Management
- Manufacturing
- Marketing
- Operations Management
- Other
- Project Management
Purdue University
![[year] Best MBA Programs in Product Management](https://staging.mbaguide.org/wp-content/uploads/2021/05/Purdue-University-Mirchell-E.-Daniels-School-of-Business.jpeg "[year] Best MBA Programs in Product Management 6")
Mitchell E. Daniels School of Business
Location:
- West Lafayette
,
- IN
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Corporate Finance
- Data Analytics
- Finance
- Global Management
- Human Resources
- Information Systems
- Leadership
- Marketing
- Project Management
San Jose State University
Lucas College and Graduate School of Business
Location:
- San Jose
,
- CA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Degree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Accounting
- Communications
- Corporate Finance
- Data Analytics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Hospitality Management
- Human Resources
- Information Systems
- International Business
- Leadership
- Management
- Marketing
- Operations Management
- Other
- Product Management
- Project Management
- Supply Chain
- Taxation
California Polytechnic State University, San Luis Obispo
Orfalea College of Business
Location:
- San Luis Obispo
,
- CA
Control: Public
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- Accounting
- Data Analytics
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Human Resources
- Information Systems
- Management
- Marketing
- Organizational Behavior
- Project Management
- Supply Chain
Gonzaga University
School of Business Administration
Location:
- Spokane
,
- WA
Control: Private
Academic Year: Semester
Accredited: AACSB
Facebook, Linkedin and TwitterDegree Level(s):
Offered As:
- Distance Education
- ·
- Full-Time
- ·
- Part-Time
- ·
- Partnership
- Product Management
- Project Management
Wright State University
Raj Soin College of Business
Location:
- Dayton
,
- OH
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Healthcare Administration
- Human Resources
- Information Systems
- International Business
- Management
- Marketing
- Other
- Product Management
- Project Management
- Supply Chain
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 | 78.00% | $153,800 | $121,380 | GA | No |
| 2 | Carnegie Mellon University | 232.00% | $81,340 | $189,275 | PA | Yes |
| 3 | Washington University in St. Louis | 185.00% | $70,250 | $130,000 | MO | Yes |
| 4 | University of California, Davis | 191.00% | $51,297 | $98,000 | CA | Yes |
| 5 | University of Cincinnati | 478.00% | $23,000 | $110,000 | OH | Yes |
| 6 | University of Nebraska-Lincoln | 380.00% | $34,080 | $129,985 | NE | Yes |
| 7 | San Jose State University | 182.00% | $42,462 | $77,500 | CA | Yes |
| 8 | University of Massachusetts Lowell | 360.00% | $17,036 | $61,467 | MA | Yes |
| 9 | Wright State University | 310.00% | $23,400 | $115,000 | OH | Yes |
| 10 | Minnesota State University Moorhead | 300.00% | $28,313 | $85,000 | MN | Yes |
| 11 | Northern Illinois University | 285.00% | $39,000 | $111,340 | IL | Yes |
| 12 | University of Arkansas at Little Rock | 250.00% | $11,584 | $63,300 | AR | Yes |
| 13 | California State University, Chico | 383.00% | $30,000 | $115,000 | CA | Yes |
| 14 | University of Detroit Mercy | 119.00% | $56,100 | $67,000 | MI | Yes |
| 15 | University of Wisconsin-Stevens Point | 220.00% | $26,100 | $58,350 | WI | No |
| 16 | University of Alaska Fairbanks | 229.00% | $22,470 | $89,474 | AK | Yes |
| 17 | State University of New York at Oswego | 290.00% | $22,860 | $66,944 | NY | Yes |
| 18 | The University of Rhode Island | 465.00% | $18,453 | $85,888 | RI | Yes |
| 19 | University of Toledo | 212.00% | $1,012 | $73,300 | OH | Yes |
| 20 | University of Nebraska at Kearney | 627.00% | $9,603 | $60,296 | NE | Yes |
| 21 | University of West Florida | 594.00% | $124,608 | $74,044 | FL | Yes |
| 22 | Fayetteville State University | 79.00% | $8,064 | $54,300 | NC | Yes |
| 23 | East Carolina University | 241.00% | $7,737 | $61,600 | NC | No |
An MBA program in Product Management will cost you between $1,012.00 to $153,800.00.
- 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: $39,242.13
- Average Graduate Salary for Product Management MBA Programs: $91,237
- 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 | $91,237 | $92,856 |
| Average MBA Tuition | $39,242 | $35,747 |
| 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 Carnegie Mellon University, will provide an annual salary of $189,275.
Average MBA starting salary for graduates from accredited programs is $91,237 with the lowest of starting of $54,300 and the highest reported starting salary of $189,275.
Average Graduate Salaries for In-Person Product Management MBA Programs
- Average Product Management: $91,237
- Lowest Product Management: $54,300
- Highest Product Management: $189,275
10 Highest Salaries for In-Person MBA Graduates in Product Management
- Carnegie Mellon University - $189,275.00
- Washington University in St. Louis - $130,000.00
- University of Nebraska-Lincoln - $129,985.00
- Emory University - $121,380.00
- Wright State University - $115,000.00
- California State University, Chico - $115,000.00
- Northern Illinois University - $111,340.00
- University of Cincinnati - $110,000.00
- University of California, Davis - $98,000.00
- University of Alaska Fairbanks - $89,474.00
10 Lowest Salaries for In-Person MBA Graduates in Product Management
- Fayetteville State University - $54,300.00
- University of Wisconsin-Stevens Point - $58,350.00
- University of Nebraska at Kearney - $60,296.00
- University of Massachusetts Lowell - $61,467.00
- East Carolina University - $61,600.00
- University of Arkansas at Little Rock - $63,300.00
- State University of New York at Oswego - $66,944.00
- University of Detroit Mercy - $67,000.00
- University of Toledo - $73,300.00
- University of West Florida - $74,044.00
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 | $8,064 | 79.00% | NC | Yes |
| 2 | University of Wisconsin-Stevens Point | $58,350 | $26,100 | 220.00% | WI | No |
| 3 | University of Nebraska at Kearney | $60,296 | $9,603 | 627.00% | NE | Yes |
| 4 | University of Massachusetts Lowell | $61,467 | $17,036 | 360.00% | MA | Yes |
| 5 | East Carolina University | $61,600 | $7,737 | 241.00% | NC | No |
| 6 | University of Arkansas at Little Rock | $63,300 | $11,584 | 250.00% | AR | Yes |
| 7 | State University of New York at Oswego | $66,944 | $22,860 | 290.00% | NY | Yes |
| 8 | University of Detroit Mercy | $67,000 | $56,100 | 119.00% | MI | Yes |
| 9 | University of Toledo | $73,300 | $1,012 | 212.00% | OH | Yes |
| 10 | University of West Florida | $74,044 | $124,608 | 594.00% | FL | Yes |
| 11 | San Jose State University | $77,500 | $42,462 | 182.00% | CA | Yes |
| 12 | Minnesota State University Moorhead | $85,000 | $28,313 | 300.00% | MN | Yes |
| 13 | The University of Rhode Island | $85,888 | $18,453 | 465.00% | RI | Yes |
| 14 | University of Alaska Fairbanks | $89,474 | $22,470 | 229.00% | AK | Yes |
| 15 | University of California, Davis | $98,000 | $51,297 | 191.00% | CA | Yes |
| 16 | University of Cincinnati | $110,000 | $23,000 | 478.00% | OH | Yes |
| 17 | Northern Illinois University | $111,340 | $39,000 | 285.00% | IL | Yes |
| 18 | Wright State University | $115,000 | $23,400 | 310.00% | OH | Yes |
| 18 | California State University, Chico | $115,000 | $30,000 | 383.00% | CA | Yes |
| 20 | Emory University | $121,380 | $153,800 | 78.00% | GA | No |
| 21 | University of Nebraska-Lincoln | $129,985 | $34,080 | 380.00% | NE | Yes |
| 22 | Washington University in St. Louis | $130,000 | $70,250 | 185.00% | MO | Yes |
| 23 | Carnegie Mellon University | $189,275 | $81,340 | 232.00% | PA | Yes |
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 $39,242.13 compared to an average campus program Product Management is $39,242.13 .
The lowest AACSB tuition rate at $1,012.00 from University of Toledo.
The highest AACSB tuition rate is $153,800.00 from Emory University.
Average Tuition for In-Person MBA Programs in Product Management
- Average: $39,242.13
- Lowest: $1,012.00 from University of Toledo
- Highest: $153,800.00 from Emory University
10 Most Affordable MBA Programs in Product Management
- University of Toledo - $1,012.00
- East Carolina University - $7,737.00
- Fayetteville State University - $8,064.00
- University of Nebraska at Kearney - $9,603.00
- University of Arkansas at Little Rock - $11,584.00
- University of Massachusetts Lowell - $17,036.00
- The University of Rhode Island - $18,453.00
- University of Alaska Fairbanks - $22,470.00
- State University of New York at Oswego - $22,860.00
- University of Cincinnati - $23,000.00
10 Most Expensive MBA Programs in Product Management
- Emory University - $153,800.00
- University of West Florida - $124,608.00
- Carnegie Mellon University - $81,340.00
- Washington University in St. Louis - $70,250.00
- University of Detroit Mercy - $56,100.00
- University of California, Davis - $51,297.00
- San Jose State University - $42,462.00
- Northern Illinois University - $39,000.00
- University of Nebraska-Lincoln - $34,080.00
- California State University, Chico - $30,000.00
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 Toledo | $1,012 | $73,300 | 212.00% | OH | Yes |
| 2 | East Carolina University | $7,737 | $61,600 | 241.00% | NC | No |
| 3 | Fayetteville State University | $8,064 | $54,300 | 79.00% | NC | Yes |
| 4 | University of Nebraska at Kearney | $9,603 | $60,296 | 627.00% | NE | Yes |
| 5 | University of Arkansas at Little Rock | $11,584 | $63,300 | 250.00% | AR | Yes |
| 6 | University of Massachusetts Lowell | $17,036 | $61,467 | 360.00% | MA | Yes |
| 7 | The University of Rhode Island | $18,453 | $85,888 | 465.00% | RI | Yes |
| 8 | University of Alaska Fairbanks | $22,470 | $89,474 | 229.00% | AK | Yes |
| 9 | State University of New York at Oswego | $22,860 | $66,944 | 290.00% | NY | Yes |
| 10 | University of Cincinnati | $23,000 | $110,000 | 478.00% | OH | Yes |
| 11 | Wright State University | $23,400 | $115,000 | 310.00% | OH | Yes |
| 12 | University of Wisconsin-Stevens Point | $26,100 | $58,350 | 220.00% | WI | No |
| 13 | Minnesota State University Moorhead | $28,313 | $85,000 | 300.00% | MN | Yes |
| 14 | California State University, Chico | $30,000 | $115,000 | 383.00% | CA | Yes |
| 15 | University of Nebraska-Lincoln | $34,080 | $129,985 | 380.00% | NE | Yes |
| 16 | Northern Illinois University | $39,000 | $111,340 | 285.00% | IL | Yes |
| 17 | San Jose State University | $42,462 | $77,500 | 182.00% | CA | Yes |
| 18 | University of California, Davis | $51,297 | $98,000 | 191.00% | CA | Yes |
| 19 | University of Detroit Mercy | $56,100 | $67,000 | 119.00% | MI | Yes |
| 20 | Washington University in St. Louis | $70,250 | $130,000 | 185.00% | MO | Yes |
| 21 | Carnegie Mellon University | $81,340 | $189,275 | 232.00% | PA | Yes |
| 22 | University of West Florida | $124,608 | $74,044 | 594.00% | FL | Yes |
| 23 | Emory University | $153,800 | $121,380 | 78.00% | 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 Emory University.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 | 627.00% | $9,603 | $60,296 | NE | Yes |
| 2 | University of West Florida | 594.00% | $124,608 | $74,044 | FL | Yes |
| 3 | University of Cincinnati | 478.00% | $23,000 | $110,000 | OH | Yes |
| 4 | The University of Rhode Island | 465.00% | $18,453 | $85,888 | RI | Yes |
| 5 | California State University, Chico | 383.00% | $30,000 | $115,000 | CA | Yes |
| 6 | University of Nebraska-Lincoln | 380.00% | $34,080 | $129,985 | NE | Yes |
| 7 | University of Massachusetts Lowell | 360.00% | $17,036 | $61,467 | MA | Yes |
| 8 | Wright State University | 310.00% | $23,400 | $115,000 | OH | Yes |
| 9 | Minnesota State University Moorhead | 300.00% | $28,313 | $85,000 | MN | Yes |
| 10 | State University of New York at Oswego | 290.00% | $22,860 | $66,944 | NY | Yes |
| 11 | Northern Illinois University | 285.00% | $39,000 | $111,340 | IL | Yes |
| 12 | University of Arkansas at Little Rock | 250.00% | $11,584 | $63,300 | AR | Yes |
| 13 | East Carolina University | 241.00% | $7,737 | $61,600 | NC | No |
| 14 | Carnegie Mellon University | 232.00% | $81,340 | $189,275 | PA | Yes |
| 15 | University of Alaska Fairbanks | 229.00% | $22,470 | $89,474 | AK | Yes |
| 16 | University of Wisconsin-Stevens Point | 220.00% | $26,100 | $58,350 | WI | No |
| 17 | University of Toledo | 212.00% | $1,012 | $73,300 | OH | Yes |
| 18 | University of California, Davis | 191.00% | $51,297 | $98,000 | CA | Yes |
| 19 | Washington University in St. Louis | 185.00% | $70,250 | $130,000 | MO | Yes |
| 20 | San Jose State University | 182.00% | $42,462 | $77,500 | CA | Yes |
| 21 | University of Detroit Mercy | 119.00% | $56,100 | $67,000 | MI | Yes |
| 22 | Fayetteville State University | 79.00% | $8,064 | $54,300 | NC | Yes |
| 23 | Emory University | 78.00% | $153,800 | $121,380 | GA | No |
ROI for MBA Programs
- Average: 186%
- Lowest: -12%
- Highest: 450%
10 Highest ROI for MBA Programs in Product Management
- University of Nebraska at Kearney - 627.00%
- University of West Florida - 594.00%
- University of Cincinnati - 478.00%
- The University of Rhode Island - 465.00%
- California State University, Chico - 383.00%
- University of Nebraska-Lincoln - 380.00%
- University of Massachusetts Lowell - 360.00%
- Wright State University - 310.00%
- Minnesota State University Moorhead - 300.00%
- State University of New York at Oswego - 290.00%
10 Lowest ROI for MBA Programs in Product Management
- Emory University - 78.00%
- Fayetteville State University - 79.00%
- University of Detroit Mercy - 119.00%
- San Jose State University - 182.00%
- Washington University in St. Louis - 185.00%
- University of California, Davis - 191.00%
- University of Toledo - 212.00%
- University of Wisconsin-Stevens Point - 220.00%
- University of Alaska Fairbanks - 229.00%
- Carnegie Mellon University - 232.00%
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 Washington University in St. Louis. 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
10 Lowest GMAT for MBA Programs in Product Management
- East Carolina University - 470
- University of Toledo - 475
- University of Nebraska at Kearney - 490
- Fayetteville State University - 510
- University of West Florida - 514
- Wright State University - 525
- The University of Rhode Island - 530
- University of Alaska Fairbanks - 533
- State University of New York at Oswego - 561
- University of Detroit Mercy - 565
10 Highest GMAT for MBA Programs in Product Management
- Washington University in St. Louis - 706
- Emory University - 705
- Carnegie Mellon University - 697
- University of California, Davis - 663
- University of Cincinnati - 630
- University of Nebraska-Lincoln - 627
- University of Wisconsin-Stevens Point - 626
- University of Massachusetts Lowell - 623
- University of Arkansas at Little Rock - 620
- Minnesota State University Moorhead - 614
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.
10 MBA Programs with the Highest Enrollment (Alumni)
- Washington University in St. Louis - 1,770
- Carnegie Mellon University - 482
- University of Toledo - 462
- Northern Illinois University - 460
- University of Cincinnati - 385
- University of Massachusetts Lowell - 356
- East Carolina University - 328
- San Jose State University - 211
- Wright State University - 70
- University of Nebraska-Lincoln - 64
10 MBA Programs with the Smallest Enrollment (Alumni)
- University of Nebraska at Kearney - 9
- Minnesota State University Moorhead - 11
- University of Wisconsin-Stevens Point - 28
- University of Detroit Mercy - 39
- University of Arkansas at Little Rock - 45
- University of West Florida - 45
- University of Nebraska-Lincoln - 64
- Wright State University - 70
- San Jose State University - 211
- East Carolina University - 328
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 California, Berkeley: 22
- Georgia State University: 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.
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Find Online MBA Programs Now Accepting Applicants
MBA Programs in Product Management
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.
- About the Author
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As the publisher of mbaguide.org for over 10 years, Jeff leads the platform’s data-driven ranking methodology, content strategy, and program evaluation. His three decades of experience in digital publishing, marketing, and SaaS give him a deep understanding of how to use data to create transparent, outcome-focused resources. Jeff’s leadership ensures that every ranking and comparison is built on the rigorous, evidence-based process that helps future business leaders make informed decisions.
Jeff holds a bachelor’s degree in English Literature from UCLA.
