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The differences between business product managers and associate product managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business product manager and an associate product manager. Additionally, a business product manager has an average salary of $123,607, which is higher than the $89,963 average annual salary of an associate product manager.
The top three skills for a business product manager include product management, project management and market research. The most important skills for an associate product manager are product management, project management, and user stories.
| Business Product Manager | Associate Product Manager | |
| Yearly salary | $123,607 | $89,963 |
| Hourly rate | $59.43 | $43.25 |
| Growth rate | 10% | 10% |
| Number of jobs | 189,393 | 107,763 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 80% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business product manager is primarily in charge of overseeing a company's product and service development procedures, ensuring quality and marketability. Their responsibilities typically revolve around gathering and analyzing data to understand and identify product requirements, coordinating with the engineering and quality control teams, determining the marketing opportunities, managing the roadmaps, and developing strategies to meet the consumers' needs. Furthermore, as a business product manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
An associate product manager is someone who assists the product development teams in the development of new product features. The duties of an associate include formulation of product strategies, collection of quantitative product data, and interpretation of consumer feedback. The requirements to qualify for the position include a bachelor's degree in computer science, marketing, business management, or a related field, the ability to maintain strong customer relations, and excellent communication skills.
Business product managers and associate product managers have different pay scales, as shown below.
| Business Product Manager | Associate Product Manager | |
| Average salary | $123,607 | $89,963 |
| Salary range | Between $88,000 And $173,000 | Between $65,000 And $122,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Meta |
| Best paying industry | - | Start-up |
There are a few differences between a business product manager and an associate product manager in terms of educational background:
| Business Product Manager | Associate Product Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 80% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business product managers' and associate product managers' demographics:
| Business Product Manager | Associate Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 45.0% Female, 55.0% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |