Product Owners do way more than purchasing the next best hit on the market. They actually work in IT and evaluate products based on functionality criteria to make sure the end result matches user needs and expectations.
Understanding the way users engage with the product will be perhaps the most important aspect of this position. Based on previous user feedback, you will be expected to define acceptance criteria and manage an array of complex tasks related to product release.
As a product owner, you will lead meetings to discuss product issues, identify roadmaps for products, and oversee the daily activities of the software scrum team. You will set daily goals and manage schedules to make sure tasks are carried out on time.
There is more than meets the eye when it comes to being a product owner. For example, did you know that they make an average of $48.89 an hour? That's $101,698 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many product owners 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.
When it comes to the most important skills required to be a product owner, we found that a lot of resumes listed 19.1% of product owners included user interface, while 8.2% of resumes included business process, and 5.1% of resumes included product backlog. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the product owner job title. But what industry to start with? Most product owners actually find jobs in the technology and finance industries.
If you're interested in becoming a product owner, one of the first things to consider is how much education you need. We've determined that 67.2% of product owners have a bachelor's degree. In terms of higher education levels, we found that 22.7% of product owners have master's degrees. Even though most product owners have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a product owner. When we researched the most common majors for a product owner, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on product owner resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a product owner. In fact, many product owner jobs require experience in a role such as business analyst. Meanwhile, many product owners also have previous career experience in roles such as project manager or senior business analyst.