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The differences between product management interns and project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a project manager has an average salary of $91,578, 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 project manager are project management, project scope, and customer service.
| Product Management Internship | Project Manager | |
| Yearly salary | $35,073 | $91,578 |
| Hourly rate | $16.86 | $44.03 |
| Growth rate | 6% | 8% |
| Number of jobs | 160,403 | 167,116 |
| Job satisfaction | - | 4.17 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Average age | 47 | 47 |
| Years of experience | - | - |
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.
Project managers oversee a specific project related to the organization's business. They manage the whole project from inception to evaluation. They initiate planning with involved departments, follow-through on the plans, ensure smooth execution of the plans, and evaluate the project for further improvements should these be needed. In line with this, project managers also ensure that the project is cost-efficient and well within the budget. They also manage the different work teams involved in the project and ensure that things are running smoothly on this aspect as well.
Product management interns and project managers have different pay scales, as shown below.
| Product Management Internship | Project Manager | |
| Average salary | $35,073 | $91,578 |
| Salary range | Between $25,000 And $47,000 | Between $64,000 And $129,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | HP | The Citadel |
| Best paying industry | Professional | Technology |
There are a few differences between a product management internship and a project manager in terms of educational background:
| Product Management Internship | Project Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between product management interns' and project managers' demographics:
| Product Management Internship | Project Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 68.9% Female, 31.1% |
| Race ratio | Black 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, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |