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Product management internship vs consultant/project manager

The differences between product management interns and consultant/project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a consultant/project manager has an average salary of $100,754, which is higher than the $35,073 average annual salary of a product management internship.

The top three skills for a product management internship include product management, excellent interpersonal and product development. The most important skills for a consultant/project manager are project management, project scope, and business development.

Product management internship vs consultant/project manager overview

Product Management InternshipConsultant/Project Manager
Yearly salary$35,073$100,754
Hourly rate$16.86$48.44
Growth rate6%11%
Number of jobs160,403213,963
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Average age4747
Years of experience--

What does a product management internship do?

Product management interns typically work with program managers and other management teams. They usually perform various tasks for an organization, which includes conducting research and analyzing data to develop workable business and product strategies, assisting account management teams in documenting user responses to products, and developing strategies to improve productivity and profitability. Product managers are expected to work alongside UX/UI professionals, marketing and sales teams, and developers. They are also expected to ensure the proper execution of quality assurance testing.

What does a consultant/project manager do?

Consultants/project managers act as planners, leaders, and advisors in business enterprises. These professionals facilitate meetings and establish positive relationships with vendors, management, and clients. They make customer visits, maintain industry knowledge, procure third-party software and hardware, and deliver projects. It is also part of their duty to manage complex initiatives in an individual business unit or organization. Their skills include analytical, time and cost management, problem-solving, interpersonal skills, and proficiency in project management software.

Product management internship vs consultant/project manager salary

Product management interns and consultant/project managers have different pay scales, as shown below.

Product Management InternshipConsultant/Project Manager
Average salary$35,073$100,754
Salary rangeBetween $25,000 And $47,000Between $74,000 And $136,000
Highest paying CitySan Francisco, CAHartford, CT
Highest paying stateCaliforniaConnecticut
Best paying companyHPMicrosoft
Best paying industryProfessionalTechnology

Differences between product management internship and consultant/project manager education

There are a few differences between a product management internship and a consultant/project manager in terms of educational background:

Product Management InternshipConsultant/Project Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Product management internship vs consultant/project manager demographics

Here are the differences between product management interns' and consultant/project managers' demographics:

Product Management InternshipConsultant/Project Manager
Average age4747
Gender ratioMale, 48.7% Female, 51.3%Male, 65.4% Female, 34.6%
Race ratioBlack or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.0% American Indian and Alaska Native, 0.7%Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 9.0% White, 65.4% American Indian and Alaska Native, 0.7%
LGBT Percentage10%10%

Differences between product management internship and consultant/project manager duties and responsibilities

Product management internship example responsibilities.

  • Evaluate and manage financial portfolio risk and margin, monitor and evaluate macroeconomic and financial events relate to the managed portfolio.
  • Used VISIO extensively to create process flow charts and control the project activities.
  • Improve general work flows within several units using Microsoft Visio and flow charts.
  • Participate in marketing project to promote studio activities through social media, such as Facebook.
  • Assist project manager in execution of contractor bid process, RFI management and recording minutes.
  • Focuse on digging business insights and understanding customer behavior from the extracted market data by SQL.
  • Show more

Consultant/project manager example responsibilities.

  • Lead and manage team of business analysts responsible for defining detail functional specifications for large-scale CRM implementation.
  • Project manage software development initiatives according to company SDLC.
  • Manage quality/regulatory control and clinical personnel, to deliver on time data-migration project using SDLC.
  • Develop training programs for ERP implementations, and manage development of custom performance support and knowledge management software solutions.
  • Implement a repeatable process methodology base on the PMI PMBOK defining a systematic approach to delivering solutions and achieving customer objectives.
  • Draft system documentation and create business process flows using Visio.
  • Show more

Product management internship vs consultant/project manager skills

Common product management internship skills
  • Product Management, 12%
  • Excellent Interpersonal, 6%
  • Product Development, 5%
  • Customer Service, 5%
  • Data Analysis, 5%
  • Market Research, 4%
Common consultant/project manager skills
  • Project Management, 19%
  • Project Scope, 11%
  • Business Development, 10%
  • Executive Management, 6%
  • Customer Satisfaction, 6%
  • Manage Project Scope, 6%

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