There is more than meets the eye when it comes to being a corporate product manager. For example, did you know that they make an average of $49.2 an hour? That's $102,346 a year! Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a Corporate Product Manager Do

There are certain skills that many corporate product managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and creativity.

How To Become a Corporate Product Manager

If you're interested in becoming a corporate product manager, one of the first things to consider is how much education you need. We've determined that 77.6% of corporate product managers have a bachelor's degree. In terms of higher education levels, we found that 11.2% of corporate product managers have master's degrees. Even though most corporate product managers have a college degree, it's possible to become one with only a high school degree or GED.

Corporate Product Manager Career Paths

Top Careers Before Corporate Product Manager

Top Careers After Corporate Product Manager

Average Salary for a Corporate Product Manager

Corporate Product Managers in America make an average salary of $102,346 per year or $49 per hour. The top 10 percent makes over $135,000 per year, while the bottom 10 percent under $77,000 per year.
Average Corporate Product Manager Salary
$102,346 Yearly
$49.20 hourly

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Roles and Types of Corporate Product Manager

There are several types of corporate product manager, including:

Product Manager

Role:

Do you ever wonder how products sell in the marketplace? Or how come your favorite artist is on the television, advertising the item you could see on a shopping stall, but didn't think of buying until now? That's a product manager's job. Simply put, product managers handle the product's presence in the market to persuade a person, like you, to take those items home.

Needless to say, the product manager is a senior position. And for you to qualify, you should have extensive experience and skills under your belt to handle sales strategies and the team's performance. You'll be the team's "know-it-all" - meaning, you'll never run out of ideas and techniques to make the account successful. Basically, that's your objective - to help the business grow by achieving your client's highest satisfaction.

Being a product manager is actually not a smooth-sailing journey, because you will be accountable for whatever results your strategies might create. But the self-accomplishment it brings is priceless, especially when you know that you contribute so much to the company's goals. Everyone has their own starting point. It's just a matter of hard work and patience to get to the top of the game. And maybe, the business owner of the cereal you're eating every morning needs someone like you to lead that brand. We'll never know.
  • Average Salary: $111,729
  • Degree: Bachelor's Degree

Product Marketing Manager

Role:

Product marketing managers are responsible for developing effective marketing strategies and plans to communicate the features and benefits of new products to customers. You are to handle market research on current trending products, establish timescales for upcoming products, influence pricing and packaging, guide sales teams, develop messaging, and market positioning around products, and participate in presentations and events. Frequently, you are referred to as the 'voice of the customer' within the company, precisely researching consumer needs and experiences. You will work mainly in private sector companies, but you can be employed by any company that promotes and sells products.

You need to have a bachelor's degree in business administration or marketing for this job. As a product marketing manager, your job requires you to work with multiple teams, and you need to have collaborative skills. You should also have excellent product management skills. Your average salary per annum is $92,174.

  • Average Salary: $112,220
  • Degree: Bachelor's Degree

Product Development Manager

Role:

A Product Development Manager, also known as a PDM, is an expert, often in software engineering or UX design or both, tasked with designing, developing, and improving new products and services that can be sold to the public and other companies and organizations.

They must be able to do market and technological research, develop proposals, supervise the design and development projects and processes, cooperate and collaborate with specialists and employees working in other parts of the company, and often must present and explain the product to investors, higher management, and customers alike.

Generally, a person hoping to begin working as a Product Development Manager must have at least a Bachelor's in Industrial Design, Engineering, or a similar field of study, along with some experience in similar and related positions, and a good understanding and proficiency in prototype and design software and platforms, such as 3D printers and Autodesk.

Depending on the level of the positions, further education, experience, and specialties may be necessary.
  • Average Salary: $113,437
  • Degree: Bachelor's Degree

States With The Most Corporate Product Manager Jobs

Number Of Corporate Product Manager Jobs By State

RankStateNumber of JobsAverage Salary
1California9,550$129,357
2Texas3,875$92,989
3New York3,601$89,684
4Washington2,650$121,290
5Illinois2,408$77,223
6Florida2,358$80,274
7Pennsylvania2,265$112,580
8Massachusetts2,233$85,104
9Virginia1,855$93,410
10New Jersey1,847$113,841
11Georgia1,798$79,053
12Ohio1,586$82,924
13North Carolina1,487$81,892
14Oregon1,213$113,891
15Colorado1,176$81,762
16Michigan1,153$79,193
17Minnesota1,076$83,017
18Arizona1,031$98,107
19Maryland982$99,551
20Wisconsin982$77,467
21Utah934$91,589
22Indiana809$77,321
23Tennessee746$83,698
24Missouri700$91,712
25Connecticut582$97,324
26South Carolina468$85,728
27Kentucky405$78,881
28Iowa404$86,039
29Kansas392$81,706
30Nevada373$99,101
31Arkansas362$79,466
32Rhode Island330$107,158
33Nebraska310$87,329
34Alabama304$89,025
35New Hampshire276$85,795
36Idaho258$100,176
37New Mexico253$101,954
38Louisiana243$89,027
39Oklahoma221$91,028
40Montana208$82,789
41Delaware202$97,595
42Maine186$99,286
43Vermont179$83,988
44Mississippi140$91,318
45North Dakota120$88,924
46Hawaii117$86,103
47South Dakota112$80,589
48West Virginia100$88,495
49Alaska93$97,602
50Wyoming76$85,192

Corporate Product Manager Education

Corporate Product Manager Majors

31.1 %
10.1 %
7.6 %

Corporate Product Manager Degrees

Bachelors

77.6 %

Masters

11.2 %

Associate

8.2 %

Top Colleges for Corporate Product Managers

1. University of Georgia

Athens, GA • Private

In-State Tuition

$11,830

Enrollment

29,474

Admissions
Most Popular Majors
Business
Finance
Psychology
Marketing
Accounting

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition

$10,555

Enrollment

30,360

Admissions
Most Popular Majors
Economics
Psychology
Finance
Mechanical Engineering
Political Science

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition

$14,760

Enrollment

31,451

Admissions
Most Popular Majors
Business
Computer Science
Psychology
Economics
Mechanical Engineering

4. Purdue University

West Lafayette, IN • Private

In-State Tuition

$9,992

Enrollment

33,495

Admissions
Most Popular Majors
Business
Mechanical Engineering
Computer Science
Finance
Engineering

5. Howard University

Washington, DC • Private

In-State Tuition

$26,756

Enrollment

6,166

Admissions
Most Popular Majors
Chemistry
Political Science
Psychology
Business
Economics

6. Ohio State University

Columbus, OH • Private

In-State Tuition

$10,726

Enrollment

45,769

Admissions
Most Popular Majors
Finance
Business
Psychology
Marketing
Accounting

7. University of Texas at Austin

Austin, TX • Private

In-State Tuition

$10,610

Enrollment

40,329

Admissions
Most Popular Majors
Business
Economics
Accounting
Psychology
Political Science

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition

$56,225

Enrollment

19,548

Admissions
Most Popular Majors
Business
Computer Science
Accounting
Economics
Mechanical Engineering

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition

$55,584

Enrollment

10,764

Admissions
Most Popular Majors
Finance
Business
Economics
Political Science
Computer Science

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition

$9,808

Enrollment

13,990

Admissions
Most Popular Majors
Economics
Accounting
Psychology
Computer Science
Business

Top Skills For a Corporate Product Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 21.8% of corporate product managers listed roi on their resume, but soft skills such as analytical skills and communication skills are important as well.

Corporate Product Manager Demographics

Corporate Product Manager Gender Distribution

Male
Male
67%
Female
Female
33%

After extensive research and analysis, Zippia's data science team found that:

  • Among corporate product managers, 32.6% of them are women, while 67.4% are men.

  • The most common race/ethnicity among corporate product managers is White, which makes up 74.6% of all corporate product managers.

  • The most common foreign language among corporate product managers is Mandarin at 33.3%.

Online Courses For Corporate Product Manager That You May Like

Advertising Disclosure  

1. Product Management Essentials

coursera

Product management is one of the fastest growing and most lucrative jobs available today. Companies have awoken to the desperate need for product managers to create products that customers love, that integrate design, functionality, and business solutions. In our course, we define the fundamentals of product management and why this role is so coveted as a launch pad for future CEOs and startup founders. To be effective, product managers need a clear understanding of their jobs and duties. They...

See More on Coursera

2. Become a Product Marketing Manager Product Management MBA

udemy
4.5
(998)

Product Marketing Strategy: Marketing New Product: Product to Market: Product Promotion: Product Owner Launch MBA...

See More on Udemy

3. Product Management Fundamentals

udemy
4.3
(2,826)

Case-based practical course on product management to build strong foundations in product concepts, process & frameworks...

See More on Udemy
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Top Corporate Product Manager Employers

Most Common Employers For Corporate Product Manager

RankCompanyAverage SalaryHourly RateJob Openings
1Avnet$114,476$55.0410
2Shoppers Food$111,865$53.782
3Imation$111,287$53.501
4J.P. Morgan$106,574$51.242
5W. R. Grace & Co$106,367$51.142
6Reptron Electronics$100,560$48.354
7Fidelis$98,806$47.501
8Future Electronics$98,583$47.401
9Comerica$97,798$47.021
10TTI Maumee Equipment$94,808$45.583