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This question is about what a product management internship does, product management internship, and product management internship salaries.
Product management interns make around $6,000 to $7,000 a month, or about $30 an hour. This is because big tech companies are willing to spend more money on interns to eventually hire top talent.
Big companies like Google, Microsoft, and Facebook, often pay their interns nearly $15,000 in total compensation (pay, housing, food, etc.).
If the internship is located in New York City or another metropolitan place, you will have to have a higher desired salary to afford accommodations. Another factor to consider is your own experience, students going into their senior year or recent graduates should expect a significantly higher salary than freshmen.
The high pay for product management interns is to draw top talent that will hopefully turn into hiring them in a full-time position upon graduation. The better experience and pay an intern has in their internship, the more likely they will seek employment at the company.
Tech internships are not only useful for your future career options, but they can also be lucrative summer positions for college students studying information technology.
Additionally, product management internships typically give their interns important projects and responsibilities that impact the company and its customers right away. They set high expectations for the work an intern does and are willing to compensate them appropriately.

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