master thesis product management

Professorship for Open-Source Software

Friedrich-Alexander University Erlangen-Nürnberg

Bachelor and Master Theses on Product Management

We currently have plenty of Bachelor and Master Thesis opportunities available that focus on product management. Specifically, these are case-writing theses. In such a thesis, you will work with an industry partner (and us) to analyse a specific situation that the industry partner once faced. Typically, that situation was about making a difficult decision. The industry partner provides the specifics of the situation and we help you with the underlying concepts needed to analyse the situation. The result of your work is a “case” that describes the situation and that we intend to use in future teaching. The case will be made available for free.

  • We have explained the concept to industry partners before.
  • We can also tell you about the expected results .
  • Finally, you can take a look at specific cases available .

Please let us know if you are interested. Just send an email to Prof. Riehle. Also, a great way to get started or just get an impression is to take the Product Management seminar.

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Category: 4.2 Thesis Opportunities

master thesis product management

MASTER OF PROFESSIONAL STUDIES IN PRODUCT MANAGEMENT

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum, master of professional studies in product management.

master thesis product management

A Scholar's Program for Industry-Oriented Research in Engineering

Apply now for fall 2024, apply now for fall 2023, space is limited and you are encouraged to apply early.  applications will be reviewed on a rolling basis until all seats are filled., why a master of professional studies in product management.

Understand the keys to successfully navigating the roles and responsibilities of being a product manager to champion change with internal and external collaborators and influencers.

Learn how to truly know your target customer, your customer’s underserved needs, your value proposition, your product feature set, and your user experience, then integrate this knowledge into product and market requirements and positioning plans.

Translate product ideas into tangible assets by creating wireframes, 3D renderings, prototypes, and minimum viable products (MVPs) to test assumptions and validate customer interests.

Develop techniques for designing and modeling for fast feedback and idea sharing, system optimization with open architectures, validating functions and verifying performance, and leveraging and enabling the system designs, platforms, and ecosystems.

Embrace modern product leadership to form and motivate product teams, and grow organizations that can both discover and deliver products at scale.

The Job Outlook for Product Managers

Best Jobs in America

Source: Glassdoor

Annual Growth in Job Openings

Source: linkedin

Jobs Posted for Product Managers

Average Salary in the U.S.

A World-Class Education, Delivered Online

The MPS in Product Management combines online experiences with award-winning faculty, self-paced coursework and connections with the University of Maryland community to link innovators from around the world. Offered through the convenience and flexibility of our 100% online learning environment, our program has been specially crafted to offer high-quality, interactive collaboration with worldwide.

Award-Winning Faculty and Corporate Experience

The faculty selected to serve in the master’s are accomplished leaders in education with national teaching awards to their credit. Furthermore, they are innovators themselves who have lived what they teach and appreciate the balance of academic theory and industry practice.

A Dynamic Online Platform for Learning and Collaboration

Our learning management system leverages best-in-class software with a focus on design and usability. Our course architecture leverages high-definition lecture videos, real-time video conference opportunities with faculty and students, and a comprehensive knowledge management system to connect and empower students.

Support and Resources During and Beyond Your Enrollment

We believe the learning experience is simply the foundation of your new venture activities. Beyond the support and resources provided while a student, we aim to manage a lasting network of alumni relationships that live far beyond the graduation date.

An Innovative Curriculum

master thesis product management

Term I — Becoming a Product Manager

Discover how to deliver products that customers love, deliver value, and work for the business.

" Fundamentals of Product Management " and " Strategies for Managing Innovation "

Description:

Learn the basics of customer discovery, product discovery, product delivery, and the core-context model for managing products through maturity. Explore how these change given the product adoption lifecycle and the market life cycle maturity, including how to detect which stage you are in and what types of strategies can be employed at each stage. Examine the processes of technological change and how firms can creatively recognize, screen, and evaluate tools and techniques to practice innovation. ‍

master thesis product management

Term II — Customer and Product Discovery

Discover if the problem is worth solving and explore solutions with early product prototyping by engaging the customer through proven discovery and validation techniques.

" Business Modeling and Customer Validation " and " Data Analysis and Decision Making "

Customer and product discovery is the process of using ideation methods and minimum viable prototypes to discover and test product-market fit. This is best accomplished by using a sound product discovery process with validating tests that confirm your product-market fit. Knowing how to build and conduct tests for value, usability, feasibility, and viability are essential so you can lead products with data-driven decisions. These techniques and skills enable you to evangelize your product concept, and answer important questions about your product, including:

  • Is the value proposition compelling and urgent?
  • Can the customer actually use it to solve the problem?
  • Does the business model make sense for our business?
  • Can you build the business and technology in a scalable way?

master thesis product management

Term III — Product Delivery

Enable business agility using design thinking and DevOps that empowers product teams to scale product innovations, delight customers, and capture market share.

" Innovative Thinking " and " Managing Product Development and Operations "

With a strong product idea, the work to take that product to market at-scale begins. Doing this well means transforming the business and the customer experience. Design thinking drives this change through bias for action and a confident approach to innovating solutions that scale. Accomplishing this also requires DevOps principles for engineering, and empowering teams through modern product leadership for development and operations. Product managers must enable productivity and delivery by actively influencing the delivery pipeline to address scalability, reliability, performance, and maintainability. ‍

master thesis product management

Term IV — Gaining Traction & Influence

Gain traction through actively managing the customer journey while influencing stakeholders and negotiating business partnerships that drive growth.

" Market Development and Commercialization " and " Negotiation and Problem-Solving "

With modern product frameworks in place, marketing takes on completely new dimensions. The rise of growth hacking means finding your optimal growth channel and driving customers into it. Therefore, the product is no longer just the features, but the entire customer journey. Meanwhile, negotiating a great business relationship can often leap a product or company an order of magnitude higher in customer access and acquisition, while reducing costs. ‍

master thesis product management

Term V — Managing Products at Scale

Lead product portfolios and innovations at scale with tailored product frameworks, lean budgeting, empowered teams, and aligned objectives and key results.

" Financing the Product Life Cycle " and " Building and Leading Innovative Organizations "

As products scale and diversify across market segments, and vertically orchestrate as product suites, how do you keep innovating? Delivery and growth create momentum that push down on costs and people to do more with less. This is the greatest challenge for product leaders and heads of innovation. Learn how to establish product frameworks for flow, empower teams, leverage lean budgeting strategically for product value streams, manage long-term product teams and continuous employee engagement, and ensure that every aspect of the product work ties to business value, key financials, and the objectives and key results (OKRs). ‍

Ready to Launch?

Review Application Requirements

Discover what it takes to become a member of the MPS in Product Management community.

Review Requirements

Check Admission Deadlines

Applications are now open to join in the spring or fall term.

See Deadlines

View an Online Info Session Today

View an online information session to learn more about the MPS in Product Management degree.

View an Info Session

master thesis product management

Space is limited and you are encouraged to apply early. Applications will be reviewed on a rolling basis until all seats are filled.

master thesis product management

Northeastern University Graduate Programs

College of Engineering

Product development.

The Master of Science in Product Development is designed to meet the growing demand for skilled product engineers and managers. Product managers and engineers are the leading decision makers in many companies to guide product innovation and craft products for users.

The Master of Science in Product Development, offered through the Sherman Center for Engineering Entrepreneurship Education, is designed to meet the growing demand for skilled product engineers and managers. Leaders in many companies are the product managers and engineers guiding product innovation and crafting products for users.

With a core curriculum of entrepreneurial engineering and product development, you will be prepared with knowledge of the total life cycle product development system, as well as integrating management and (systems) engineering elements to establish the foundation for the systems approach needed to conceive, create, launch, and support products and platforms. Considering new product development in a larger framework, you will learn how a venture’s strategy, vision, and core capabilities, coupled with the voice of the customer, combine to determine product strategy, and create best-in-class product portfolios. 

More Details

Unique features.

As an interdisciplinary program integrated with engineering departments across the College of Engineering, you benefit from highly accomplished faculty in their fields combined with a comprehensive entrepreneurial infrastructure.

A variety of electives allow you to gear the program toward your career goals. You can also choose master’s thesis, project, or coursework options.

With the resources and expertise of the Sherman Center for Engineering Entrepreneurship Education—as well as opportunities with Northeastern’s university-wide entrepreneurial ecosystem—you will be enabled with interdisciplinary entrepreneurship opportunities and resources in the broadest sense, including tools, concepts, and resources to foster creativity and the ability to develop commercially viable ideas.

You will be able to develop your own venture and follow it through the development process as part of the core curriculum.

You will have the opportunity to participate in the Sherman Center for Engineering Entrepreneurship Education cooperative education program, working on a venture for your co-op experience.

Career Outlook

The U.S. technology industry market is estimated at $1.6 trillion in 2021, according to Zippia, with a 6% growth rate. Additionally, job growth for product managers is expected to be similar to managing occupations with a growth rate of 8% between 2019-2029, according to the U.S. Bureau of Labor Statistics. Product managers are the fourth highest in-demand job in Silicon Valley, and Boston is a high-tech hub of innovation.

Testimonials

- mina iskarous, coe bs/ms 2019, – kendall meenan, coe ce 2020, keith corso, founder and ceo busright, dmsb finance, looking for something different.

A graduate degree or certificate from Northeastern—a top-ranked university—can accelerate your career through rigorous academic coursework and hands-on professional experience in the area of your interest. Apply now—and take your career to the next level.

Program Costs

Finance Your Education We offer a variety of resources, including scholarships and assistantships.

How to Apply Learn more about the application process and requirements.

Requirements

  • Completed online application form
  • Application Fee
  • Unofficial Transcripts
  • Statement of Purpose
  • Two Letters of Recommendation
  • TOEFL, IELTS, or Duolingo for international applicants

Are You an International Student? Find out what additional documents are required to apply.

Admissions Details Learn more about the College of Engineering admissions process, policies, and required materials.

Admissions Dates

Applications received after the stated deadline dates will be accepted and processed as quickly as possible; however it may not be possible to have a decision rendered in time for the applicant to begin taking classes for the desired term if admitted.

Applications submitted by the referenced dates will receive full consideration for the referenced term. Applications received after the referenced dates will be considered on a case-by-case basis.

Industry-aligned courses for in-demand careers.

For 100+ years, we’ve designed our programs with one thing in mind—your success. Explore the current program requirements and course descriptions, all designed to meet today’s industry needs and must-have skills.

View curriculum

Northeastern combines rigorous academics with experiential learning and research to prepare students for real-world engineering challenges. The cooperative education program, also known as co-op, is one of the largest and most innovative in the world, and Northeastern is one of only a few that offers a co-op program for graduate students. Through this program, students gain professional industry experience in their field of interest as part of the academic curriculum while employed from four to eight months in a wide variety of organizations, from large companies to entrepreneurial startups.

You will have the opportunity to participate in the Sherman Center for Engineering Entrepreneurship Education co-op program, working on a venture for your co-op experience as part of the academic curriculum or to work in industry in a product development role.

In 2019, the Graduate School of Engineering placed nearly 1000 students in co-op positions. We have a team that prepares students for the cooperative education experience through resumé building, developing interview skills, and guiding professional development.

Our Faculty

Northeastern University faculty represents a broad cross-section of professional practices and fields, including finance, education, biomedical science, management, and the U.S. military. They serve as mentors and advisors and collaborate alongside you to solve the most pressing global challenges facing established and emerging markets.

Mark Sivak

By enrolling in Northeastern, you’ll gain access to students at 13 campus locations, 300,000+ alumni, and 3,000 employer partners worldwide. Our global university system provides students unique opportunities to think locally and act globally while serving as a platform for scaling ideas, talent, and solutions.

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Product Management

Dive into the world of making cool stuff with a Master's in Product Management ! Ever wondered how your favourite apps or gadgets came to be? With a master's in product management, you'll pick up the skills needed to conceptualise, develop and launch amazing products .

Rated 5 stars for our online learning, among the best in the world

WES Canada U.S. recognised: our grads can work/study in both countries

Globally recognised for our quality-assured digital education

Enhanced research opportunities help IU provide the very best to you

Our teaching and faculty meet European educational standards

Academically top ranked in Germany with 6 out of 25 categories won

Reaccredited until 2026 for our competency in teaching and research

Open doors to opportunities around the world

Apply by 29th February to secure your spot!*

Don’t let anything stand between you and your goals. Earn an internationally recognised degree, 100% online – and build the skills you need for a successful career.

*You can start anytime.

Apply by 29th February and secure your spot! 

Learn on campus in Germany and build a global network with students from 140+ countries. Earn an internationally recognised degree that helps you achieve success, no matter where you go. 

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Hang tight… We’re preparing your brochure and you’ll receive it in your email inbox soon.

We’re excited to help you make the right choice for your future. The brochure will give you more information on our study models and degree programmes, how to apply at IU, scholarship information, and more.

While you’re waiting, don’t forget to sign up for our free webinars and get your questions answered in real time by our Study Advisors.

Please enter just a few more details to complete your application today.

You can reach out to our Student Advisors simply by e-mail.

We will also be glad to help you on WhatsApp

You can reach our Student Advisory Service for free

Start your Master's in Product Management now

If you have a bachelor’s in product management, business administration, management, or a related business-related field and want to further your education in this field, our consecutive 120-ETCS master's in product management is a good fit for you.  

How your studies are moving you forward: 

  • You will gain thorough knowledge of product management and its techniques, as well as expertise in management and leadership, marketing, and performance and strategy, so that you can comprehend product management as a whole. 
  • To specialize in areas like Digital Transformation and Product Management, Creative and Agile Methods, or Social Media Models, you take two elective modules.  
  • You are qualified for key specialist and management positions, such as product manager, product owner, product marketing manager, or product and business developer. 

Your online campus degree summed up

Study at your own pace from anywhere in the world 

According to our latest alumni survey 

enrolled in Germany’s largest university 

Overview of your Master's in Product Management

With a Master's in Product Management, you'll learn about the conception, development, and launch of innovative products. Pick up a comprehensive skill set to navigate the challenges of today's digital age. Hone your management skills, master market research techniques, and establish valuable industry connections. This program empowers graduates to take on pivotal roles in product development, marketing, and strategic planning - all of which are in high-demand and offer competitive salaries. Along with sustainability, you will also discuss issues like digitalisation, ethics, and internationality. Explore subjects such as product strategy, user experience design, and data-driven decision-making, all geared toward shaping product managers capable of creating impactful products .

Electives overview

In your 3th semester, you'll need to choose an elective module, which you can choose from one of the following modules:

Module guide

Online course schedule

Course schedule

Enhance your learning with AI

Work with AI

The AI revolution is here. We’ll help you  lead  it.  

This programme offers an  AI prompt engineering  elective course, so you can: 

  • Develop the  best practices  for working with AI   
  • Explore the strengths and limits of  current technology   
  • Build  confidence  in your ability to work with AI tools

Learn with AI 

Enhance your learning with  Syntea : an AI tutor at your service.  

Ask any question related to your studies, and get answers based on the study contents,  24/7.

  • Answers are routinely verified by  human tutors   
  • Build  personal study plan s based on Syntea’s feedback   
  • Coming soon - learn through dialogue:  Socratic Teaching  

Transform with AI

You don’t need to navigate the world of AI on your own.  We’re here to guide you.   

Develop your ability to  work with AI  in a positive, experienced setting.  

  • Study plans created by  AI experts   
  • Benefit from being an  early adopter  of a revolutionary technology  
  • Graduate with skills that fit  tomorrow’s job market

Each course in this study programme has a live teaching session

At IU, we want  you to feel supported, and to give you the best learning experience possible.  

In keeping with our mission, we now offer  two-hour, monthly intensive live sessions  in  every course. The live events are  recorded , so you can access them whenever you want. Each monthly session will cover  all the course contents , so you only need to attend or watch it once. 

Entry requirements

The admissions documents must be provided in English or German. If they were not issued in one of these two languages, a translation is required. If you need to translate your documents, we can help refer you to our trusted translation partners. You can find more details  here . 

General admission requirements

  • Completed, undergraduate degree with 180 ECTS credits in Product Management, Business Administration, Management, Innovation Management, Entrepreneurship, Intrapreneurship, or other business related degree programs. 
  • Your degree must be from a state or state-recognised higher education institution/university 
  • You must have achieved a final grade of at least “satisfactory” or Grade C equivalent in your previous undergraduate degree 

Further admission opportunities

Is your undergraduate degree not in the required subject field for this programme's 120 ECTS credits variation admission requirements? You can still apply! You'll have to take 2 specific courses at the start of your studies, and pass them successfully in order to continue with your studies. That way, you don't have to take an entrance examination, and can prove your skills while earning ECTS credits as part of your studies. 

Scholarship programme

Apply for the scholarship programme and receive a discount on your tuition fees. 

Please get in touch with our Study Advisory Team for more details. 

English language skills

Depending on your personal circumstances, you might be required to provide proof of your English language proficiency. Your skills would need to match the B2 level of the Common European Framework (CEF). 

We accept the following English language skills certificates*: 

  • TOEFL (minimum 80 points)* or 
  • IELTS (minimum Level 6)* or 
  • Duolingo English Test (minimum 95 points)*
  • PTE Academics (minimum 59 points)* or
  • Cambridge Certificate (minimum Grade B)* 

Is English your native language, or have you graduated from an English-speaking school or university? Then you do not need to prove your English language proficiency. 

Get in touch with our study advisors for more details. 

*Proof must be provided before the start of the study and must not be older than five years.  

Your Product Management career outlook

You can anticipate having a successful career across all industries as a product management professional with rewarding opportunities for moving up to a management position. Following graduation, you might work, for instance, as a... 

Strategic Product Manager

You develop strategies and visions for cutting-edge products in your capacity as a strategic product manager. You lead interdisciplinary teams and collaborate closely with your stakeholders. Additionally, you will be in charge of portfolio management, the launch of new products, and budget planning. 

Product Owner for Data-Driven Products

Product managers for data-driven products collaborate with data scientists and developers to implement innovative product concepts. If this is your chosen career path, you can anticipate an innovative workplace where agile methods are in demand. The use of customer and market data analysis will also be one of your tasks.

Technical Product Manager

Are you devoted to data science, cloud computing, blockchain, and other related fields? You should then begin your career as a technical product manager! In this role, you will create technical concepts in accordance with user-oriented standards. By doing this, you will be working at the intersection of the market, technology, and consumers. 

This is what our students say

Vikrant Lokhande

MBA , India

Tokyo Ndela

MBA , South Africa

Nirupam Sakar

Online Study models & fees for your Master degree in Product Management

On campus study model and fees for your master degree in product management.

Depending on your personal or professional circumstances, you may wish to complete your studies as quickly as possible, or you may prefer a more flexible study programme that is less time-consuming. That’s why we offer part-time options for all our study programmes. This allows you to study alongside professional or personal commitments. We adjust your study fees based on your chosen time model.

Are you unable to finish your programme within the given time? No problem! If you realise that you need more time, you can simply switch to another time model with one months’ notice before the end of the month.

No registration or administration fees are charged when you apply for studying – you’ll only be charged once your studies have started. If you won’t be admitted to a programme because you do not meet the admission requirements, no fees will be charged.

At IU, we believe in full transparency – so there are no hidden fees . You only pay for your tuition and the one-time campus registration fee of €1,500.

No registration or administration fees are charged when you apply for studying – you'll only be charged once your studies have started. If you won't be admitted to a programme because you do not meet the admission requirements, no fees will be charged .

Duration 24 Months

Perfect for those who want to hit the ground running and learn at the fastest pace possible. Starting from:

Part-Time I

Duration 36 Months

Great for all-round talents who want to go full throttle in their studies but also keep up with other commitments. Starting from:

Part-Time II

Duration 48 Months

Ideal for students with a lot of work or family commitments. This plan also reduces monthly study costs. Starting from:

All our study programmes include the following benefits

  • Teaching and study material
  • Marking of your end-of-module exams
  • Monthly live and recorded tutorials
  • Use of the online campus
  • Individual study coaching
  • Online exams
  • Career coaching
  • Learn English for free
  • Money back guarantee during 1st month
  • On-campus tutorials, 2-3x week
  • Access to all on-campus services

Recognition of previous achievements

Have you already completed a training course, studied at a university or gained work experience? Have you completed a course or a learning path through IU LinkedIn Learning , and earned a certificate? Then you have the opportunity to get your previous achievements recognised, and complete your studies at IU sooner.

  • Save time:  Skip individual modules or whole semesters!

Even before you apply for a study programme, we’ll gladly check whether we can take your previous achievements into account: 100% online, no strings attached. Simply fill in our recognition application form, which you can find under the content section of each study programme's webpage, and upload it via our upload section. You can also e-mail it to us, or send it via post.

Send an email to [email protected] to find out which previous achievements you can get recognised. You can get your previous achievements recognised during your studies.

Recognition files

Guide to recognition

Individual application for recognition

Why IU International University of Applied Sciences is the best choice

Schedule when you want to learn and study 100% online. At IU you have the possibility to complete your degree fully from home, whether full-time or part-time. You can even take your exams online whenever it suits you. 

IU is accredited and certified with a seal of approval from the German Accreditation Council. All IU study programmes, materials, and services meet high internal and external quality standards, which are regularly reviewed and updated. We can also provide you with an official Europass Diploma Supplement once you graduate, to ensure that your degree is recognised anywhere in the EU.

We provide you with innovative learning tools, digital study material, tutorial videos, live teaching sessions, student advice and support. You also have 24/7 access to our large online library. Your tutors are always available to answer your questions. Our study coaches are also available to help at any time. 

Our programmes provide you with essential theoretical knowledge and focus, above all, on practice-oriented studies designed to best prepare you for your future career. Thanks to our great variety of electives you can specialise in the specific areas that match your personal goals.

By combining in-person tutorials 2-3 times per week with 24/7 access to online study materials, you get to benefit from a more flexible study schedule. This allows you to work alongside your studies, or combine other activities, with relative ease. 

We provide you with innovative learning tools, intimate campuses, easy access to lecturers, live teaching sessions, student advice services, and career support. You also have 24/7 access to our large online library. Your tutors are always available to answer your questions – and so are our study coaches.  

Which masters degree makes me a product manager?

Our masters in product management is specifically designed to prepare you for roles in product management! In this programme, you'll learn the necessary skills and knowledge to excel in the product management field, and can apply for roles in areas ranging from engineering and marketing to business and innovation.

What is the qualification for masters in product management?

For this ms in product management programme, you will need to have completed an undergraduate degree from a recognised higher education institution or university.

Do product managers need a masters degree?

Product manager is a highly sought after position! So while having a master's degree may not be mandatory, it definitely gives you an upper hand. This degree can significantly enhance your management skills, market research abilities and not to mention provide you with industry connections through university community networking.

What is a master's in product management?

A masters in product management is an advanced degree programme focused on developing skills to create products successfully in the digital age. You'll learn a plethora of skills ranging from market research, business analytics, managerial skills, leadership skills, design strategy, marketing, product design and more. This degree prepares you for a role as a product manager.

You might also be interested in these study programmes

Master project management, master digital product management, master management + majors, master international management, master engineering management.

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master thesis product management

  • Master of Science
  • Management of Product Development
  • HECTOR School
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  • Before Your Studies
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  • Information Systems Engineering and Management
  • Mobility Systems Engineering and Management
  • Production and Operations Management
  • Request Program Handbook

Master of Science in Management of Product Development

"Product development is the driver of innovation. In the program MPD you learn to manage product development in an efficient, methodical, creative and success-oriented way. With the scientifically sound and practice-oriented training program for professionals you get qualified to become the driving force for successful product innovation in your company." Program Director Prof. Dr.-Ing. Dr. h.c. Albert Albers

Management of Product Development

The Master Program in Management of Product Development enables participants to analyse, design, operate, and implement product development processes in their companies in an optimized way. Based on a highly integrative and creative approach, they can successfully translate innovative ideas into competitive products.

Focus Points of Management of Product Development

  • Agile Engineering and Design Thinking
  • Innovation Management
  • Multicultural and virtual teams
  • Collaboration methods and interdisciplinary development
  • Advanced Systems Engineering
  • 5 Engineering Modules: Technological expertise
  • 5 Management Modules: Leadership know-how
  • Duration: Approx. 20 months (modules 14 months + master thesis 9 months)
  • Language: English
  • Degree: Master of Science (M.Sc.) of the Karlsruhe Institute of Technology (KIT), 90 ECTS
  • Start: Every year in October
  • Application deadline: There is none. We have a rolling  application process .
  • 36,000.00 € (thirty-six thousand Euro) for the entire Master´s program 
  • Admission requirements: First academic degree (e.g. Bachelor, Master or Diploma), at least 1-2 years work experience, English language proficiency. Find more here .
  • Accreditation: by aaq

Shape the Future through Innovation in Product Development

The Master's program Management in Product Development is splitted in 5 Engineering and 5 Management Modules of 2 weeks, each over a period of 15 months. The modules are followed by a Master Thesis written in the company (9 months) and often used as a innovation project for the company. The overall duration is approx. 20 months.

Ms. Katrin Olböter

info ∂ does-not-exist. hectorschool com

+49 721 608 47019

Innovation is the overcoming of instilled trails of thought, new approaches and solutions, and the implementation of these in successful products is our driving force.

That's what makes our Master´s Program Management of Product Development distinctive

Program content & international lectures.

The Master´s Program Management of Product Development considers itself as a combination of applied scientific research and application-oriented development in the areas of methods and processes of product development and systems and components of drive train engineering and mechatronics. Our objective is to find innovative solutions by the means of team-oriented work, based on performance and commitment of each member of the board.

International Cooperations

"Made in China" is becoming increasingly important and global players are steadily expanding their production facilities in China. Therefore, one of the Engineering Modules of the Master Program in Management of Product Development is held at the KIT China Branch in Suzhou in cooperation with the  Global Advanced Manufacturing Institute  (GAMI) and at the Tongji University in Shanghai.

master thesis product management

Program Structure & Academic Calendar

Timetable

Program Structure

The concurrently taught Executive Master Program is designed for working professionals. Block lectures scheduled at intervals allow participants to continue with demanding careers while acquiring new skills.

5 Management Modules presents broader knowledge in management know-how, including two modules conveying the universal topic of digitalization and the associated disruptive innovations. The 5 Engineering Modules provide deeper knowledge in technological topics.

Download the  Academic Calendar Intake 2024  (PDF)

Content Overview & Learning Targets

Order now our so called "Content Overview and Learning Targets" (COLT) to get a better understanding into the content of your favoured Master Program. You will get an overview over

  • Study objectives (e.g. professional qualification for certain activities, scientific work, knowledge of methods)
  • Structure of the study programme
  • Content and definition of courses (sub-areas, focal points)

Click here to request your "Content Overview and Learning Targets" handbook .

Economic Sector & Career Perspectives

Participants of product development.

Future engineering executives working in product development or product management, e.g. in:

  • Machinery and equipment industry
  • Automotive industry and suppliers
  • Measurement technology and cybernetics
  • Major appliances industry, e.g. white goods

Career Perspectives after Graduation

Participants of our program in Product Development strive for a demanding career in manufacturing companies  in various industries. Product development is certainly one of the core means of adding value in companies. Only successful processes can lead to competitive products. Increasing demands for tailor-made product solutions, low production costs, high quality standards, reduced development times, and shortened product lifecycles require highly qualified professionals.

Alumnus Voice

"For me it was a great experience and a challenge to master this study. The HECTOR School Master Program Management of Product Development gave me a comprehensive understanding about today's product development challenges. In addition, Business and Management basics courses expanded the knowledge needed for my professional work. In the Master specific courses, I picked up a lot of new ideas and approaches, which are helpful in my job. My opinion is that this program was a very good professional development." Thomas Kiefer, HECTOR School Graduate MPD, Thales Canada

Find more Alumni Voices of our Master´s Programs

Academic Requirements & Admission Statutes

Academic requirements.

  • University degree in a relevant subject
  • Professional experience (at least 1-2 years) & current employment
  • English proficiency

Detailed description of all admission requirements

Admission Statutes

Statutes for admission to the Master's programme in Financial Engineering (only available in German).

Admission statutes (German PDF)

Program Directors & Faculties

Program directors, kit teaching quality.

The HECTOR School offers top-level teaching derived from state-of-the-art research at the Karlsruhe Institute of Technology (KIT). Numerous institutes and departments of the KIT are involved in the HECTOR School Master Program Management of Product Development:

  • Department of Marketing
  • Institute of Economic Policy Research
  • Institute of Finance, Banking and Insurance
  • Institute of High Frequency Technology and Electronics
  • Institute of Industrial Production
  • Institute of Information Law
  • Institute of Information Processing Technology
  • Institute of Applied Business Studies and Management
  • Institute of Applied Informatics and Formal Description Methods
  • Institute of Economic Theory and Statistics
  • Institute of Industrial Information Technology
  • Institute of Materials for Electrical Engineering
  • Institute of Micro- and Nanoelectronic Systems
  • Institute of Photonics and Quantum Electronics
  • Institute of Product Development
  • Light Technology Institute

Martina Waldner

If you have any inquiries regarding our programs, the application process and more our Program Consultants are eager to help.

Admission Requirements

Find out which requirements you need in order to be admitted to our Master's programs.

Admission Process

Unsure about how to apply to our Master's programs?

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Studying, Living and Working in Germany. 

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Tepper School of Business

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Apply to the Master of Science in Product Management Program

Are you ready to ignite your product management career start your application today..

We give equal consideration to every aspect of your application — goals, background, accomplishments — in order to determine if the Master of Science in Product Management (MSPM) program is a good fit for you.

Your MSPM application will contain a variety of components that provide the admissions committee information to assess your candidacy for our program. Through our review process, we do not assign specific weights to the various parts of the application.

Note to All MSPM Applicants

To safeguard the integrity of the admissions process, Carnegie Mellon University routinely uses a third-party company, Re Vera, to conduct verification procedures of all candidates who accept our offer of admission.

Our Spring 2024 MSPM Application cycle is closed. The Spring 2025 MSPM application cycle will open in Spring 2024.

Application checklist.

The following application components are required:

✓  Online application form ✓  Current resume ✓  Required essays ✓  Two professional recommendation ✓  Unofficial transcripts of all academic work ✓  Official GMAT, GRE, or approved test waiver ✓  Official TOEFL, IELTS, or Duolingo Test score (if applicable) ✓  $125 application fee

Once admitted, candidates will be required to submit official transcripts.

Review Application Component Details

How to Prepare for the MSPM Admission Process

The standard admissions expectations for Tepper master’s programs will apply, such as transcripts, recommendations, essays, and exams with optional waivers. For MSPM, additionally, we encourage applicants to approach the application process with a focused product perspective.

As you apply, think like a product manager ! Make sure that you understand what product management is all about. Check out PM interview prep books and blogs, and become active in product communities. Review your own accomplishments, resume, and portfolio from a product perspective. Consider your incoming strengths and those skills you most want to practice and improve. Be ready to discuss why you’re motivated to advance as a product manager. Show confidence in your skills, accomplishments, and future, while maintaining the humility of an apprentice who is eager to learn.

If you have doubts about whether to take the GMAT or GRE, then it is best to do so. If your past academic and professional accomplishments speak for themselves, then you may find that requesting a waiver is the better path.

If you are unfamiliar with coding or it has been a long time since you practiced, then an introductory or refresher course would be an excellent way to prepare.

Admission Events

Connect with us and get to know our MSPM program.  

Mspm application instructions.

Start by reviewing the application components below. We ask you to provide a bit of personal, professional, and educational information to get to know you better.

We suggest that you create your essay and goals and then sit down to complete the online form. We provide a time estimate at the top of each page in the online application.  You'll only need about 30 minutes to complete the entire online application form . 

More Information

  • Important Dates and Deadlines

International Applicants

Application components.

Upload a copy of your resume. The purpose of this document is to provide a snapshot of your education and professional achievements in your career. Use a standard (i.e. Times New Roman or Arial), 12-pt. font for your 1-2 page resume.

Pro Tip: It is important to include month and year for starting and ending dates for each position held. If this key information is not included, we will ask for an updated resume, which may delay your application.

Education Requirement and Transcripts

Education requirements.

Students are required to hold a four-year undergraduate degree or equivalent from an accredited institution and be competent in these areas:

  • General mathematics including calculus and linear algebra
  • Basic statistical concepts and methods
  • Basic programming in any modern language

Though our standards are high and our admissions process is competitive, it is also holistic. We consider all aspects of an applicant’s background and experience.

Transcripts

You will upload transcripts from all undergraduate and graduate programs you have attended or are attending. These may be copies of transcripts that you already have in your possession. However, these cannot be web transcripts. A web transcript is anything obtained from an online student portal, downloaded from your student record, or retrieved online.

Transcripts uploaded during the application process are considered “unofficial.” What makes a transcript "unofficial" is that you have it in your possession instead of us receiving it in a sealed, stamped envelope directly from your university.

Pro Tip: View a sample of a web transcript that you should avoid submitting .

All candidates are required to upload legible, scanned/digitized copies of their unofficial transcripts and degree certificates which include the following:

  • University Transcripts: All transcripts are copies of actual university transcripts (not web transcripts), usually on watermarked paper with a seal, etc.
  • Degree Name : If you earned a degree, the name is on the transcript (i.e. Bachelor of Science, Master of Arts, etc.).
  • Degree Conferral Date : If you earned a degree, the date the degree was awarded is on the transcript.
  • Degree Certificate: If you earned a degree and the degree name/conferral date are not on the transcript, you must upload a copy of your degree certificate which includes this information. This cannot be a provisional certificate; it must be final. Still unsure what to submit? See sample degree certificates .
  • Grading Scale : Include for every university so we know what the grades mean. Often on the back of the transcript; otherwise, contact the university to obtain. Still unsure what to submit? See sample grading scales .
  • Official Translation : If the transcript is not in English, upload both the transcript in the original language and the official translated copy so that we can read it.

Pro Tip: If your uploaded transcript doesn’t include all the required information, we will need to contact you to send the missing items, and your application may be delayed.

Pro Tip: Official transcripts (those sent directly by the degree-granting institution) are not required during the application process. Should you be admitted, you will be required to submit official transcripts later.

Official Test Scores (GMAT, GMAT Focus, and GRE)

Please ask your GMAT, GMAT Focus, or GRE testing agency to send us your official score, so we can verify what you provide on your application.

A couple of important points:

  • GMAT and GRE scores are valid for five years. Yours must still be valid when you submit your application.
  • If you’ve taken the GMAT or GRE more than once, only report your highest score on your application.
  • Graduate Management Admissions Test (GMAT) Program Code 69H-XH-84
  • Graduate Record Examination Tests (GRE) Program Code 4883

Official Test Scores Waiver Application

If you wish to apply for a GMAT/GRE waiver, you must do the following:

Submit a letter to the admissions committee (via an upload in your application) that addresses the following:

  • Please discuss your undergraduate GPA scores and any other degree GPA. For a waiver to be granted we are only seeking those with exceptionally high GPA achievement.
  • Please also share any remarkable academic achievements we should be aware of.
  • Please share with us if you have an advanced master’s degree. Is it in a STEM-related area? Are there particular courses that demonstrate your capability in succeeding in the MSPM curriculum?
  • Please share if you have recognized certification in product management, e.g. ISPMA, Pragmatic Institute, AIPMM, Certified Scrum Product Owner, Certified Product Manager (280 Group), Certified Innovation Leader Credential, ProductSchool, Black Bolt Product Management, etc.
  • Please highlight if you have 10 or more years of professional working experience. Please be specific about your roles and job content relative to a role in product management.
  • Please share if you had held the role of product manager and for how many years. Please describe the job and role beyond what is on your resume/CV and be specific about your accomplishments in this role that are relevant to the MSPM degree.

Test Courses:

Test waiver applicants may need to complete the following coursework and show proof of completion:

  • CS50: Introduction to Computer Science
  • Introduction to Python: Fundamentals
  • Become a Product Manager
  • Introduction to Finance, Accounting, Modeling and Valuation

NOTE: If you are rejected for a waiver, we will keep your application, and if you are accepted, you must provide a test score to enroll or consider you when you do provide a test score.

English Language Proficiency Exam (TOEFL, IELTS, or Duolingo DET)

Candidates are required to demonstrate a level of competence in English to meet the admissions requirements of the university.   You are required to take a TOEFL, IELTS, or Duolingo exam unless :

  • You attended an undergraduate institution, earning a bachelor’s degree, where the sole language of instruction was English.
  • You earned a graduate degree where the sole language of instruction was English. (Although not required, we do recommend that you take the English Language Proficiency exam.)

You must request that the official score be sent from the testing agency to our program for us to verify the score entered into the application. Request that the official score be sent to us using the following codes:

  • Pro Tip: The recommended TOEFL score is 25 on each section of the Internet-based test. Reading: 25, Listening: 25, Speaking: 25, Writing: 25
  • Pro Tip:   The recommended IELTS score is 7 overall and 7 in each band. Listening: 7, Reading: 7, Writing: 7, Speaking: 7, Overall Band: 7
  • The recommended Duolingo English Test (DET) score is 120 overall.

TOEFL and IELTS scores are valid for two years and must be valid at the time you submit your application.

Pro Tip:   If you earned a degree from a non-U.S. institution, your academic documents should state that the sole language of instruction for the entire university was English in order to be eligible for a TOEFL/IELTS/Duolingo waiver. If your academic documents don’t include this, you should upload an official letter from the University Registrar indicating English as the mode of instruction for the entirety of the degree.

Essays and Goals

As part of your application, answer the following essay questions :

  • In 150 words or less, tell us about your professional goal immediately following your graduation from Carnegie Mellon University.
  • On an 8.5x11 PDF , in a non-essay format , design and describe your ideal training program for product managers. Choose your own format and be creative! Submissions may include a PowerPoint slide, a diagram or flowchart, or even a sketch. You will upload a copy of this design.
  • In 400 words or less, describe your leadership style, with at least one example. This can be in any context: professional, social, school, volunteer, sports, etc.
  • In 400 words or less, tell us about your programming experience, including specific languages and platforms used and the number of years of experience working with each of them.

Video essay : Be prepared to answer a specific prompt related to product management. Specific instructions will be given in the MSPM application.

Optional essay : Use this essay to convey any important information you may have otherwise not been able to communicate. This may include unexplained resume gaps, your reason for selecting the recommender you chose, or if you are applying again, how your candidacy has improved since your last application.

Professional Recommendations

Please select two people familiar with your work and/or leadership skill. We prefer that you select supervisors, but you can also include professors, coaches, mentors, or coworkers. Please give us their email contact information on your application, and we’ll reach out to them with a request to submit their letters online.

We use the GMAC Common Letter of Recommendation (LOR). The Common LOR is intended to save you and your recommender valuable time by providing a single set of recommendation questions for each participating school. This allows your recommender to use the same answers for multiple letter submissions, alleviating the workload of having to answer different questions for each school multiple times. You benefit because it makes the ask for several different letters to be written on your behalf much easier.

Application Fee

A $125 application fee is required of all applicants. This fee can be paid online using a credit card at the time of submission.

Supporting Documentation

Once you have completed your online application, if you have any supporting documents, they should be uploaded directly to your application via your application status page in the application portal.

If you have submitted all the application components, it isn’t necessary to send anything else to us at this point. Upon admission, you’ll need to send your official transcripts/academic documents. These details will be included in the admission letter, so no need to worry about it now.

Evaluative Interview

Admissions interviews are granted at the discretion of the admissions committee after an initial review of your application. You will receive additional information about the interview process at the time of the invitation.

We welcome applicants from around the globe and encourage non-U.S. citizens to apply to our MSPM program.

Review our information for international applicants to learn more about certification of financial resources and visa regulations.

Have a question? Contact the Masters Admissions Office .

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master thesis product management

  • Degrees and Programs

Master of Science (MS) in Product Management

  • Request Information

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Earn an online Master's of Science in Product Management and gain the expertise to lead innovation and products that drive the future of business.

Companies of all kinds are hiring product managers as they race to adopt new technologies in order to stay competitive in today’s business world.

The M.S. in Product Management program opens career paths in an industry seeing revolutionary changes in highly competitive local, national, and global markets and enables current professionals to become product management leaders.

Courses are taught by faculty who bring real-world expertise into the classroom and focus on emerging product management trends, technologies, and techniques and their practical applications.

You’ll graduate with in-depth knowledge that meets the demands of cutting-edge product management roles in the current landscape and adapts to future growth.

Graduates explore careers across industries such as technology, healthcare, finance, and consumer goods, as well as artificial intelligence, blockchain, machine learning, and other emerging fields.

With an M.S. in Product Management degree, you’re on your way to becoming:

  • Product Manager – average salary, $128,231
  • Technical Product Manager – average salary, $159,006
  • Senior Product Manager – average salary, $195,067 
  • Lead Product Manager – average salary, $200,185
  • Senior Lead Product Manager – average salary, $177,430 
  • Principal Product Manager –  average salary, $225,255
  • Senior Principal Product Manager – average salary, $224,258
  • Senior Director of Product – average salary, $307,061
  • Vice President of Product – average salary, $307,907
  • Senior Vice President of Product – average salary, $336,917
  • Head Product Manager – average salary, $171,554
  • Chief Product Manager – average salary, $296,070 
  • Chief Product Officer (CPO) – average salary, $300,163

Salary based on 2023 Glassdoor salary data (Source Link: https://www.glassdoor.com/Career/product-manager-career_KO0,15.htm )

Why Capitol?

skills

Our programs provide practical experience

Sharpen your communication and leadership skills and build expertise in product strategy development, market research and analysis, and project management through opportunities to gain hands-on experience and apply what you've learned to real-world product management scenarios. The first step in many courses is for students to do a deep dive into an existing product currently on the market that they want to improve.

circuit

We’re industry-focused

Our coursework is designed for the needs of the current landscape and to adapt to the future. Classes across product management, market research, project management, leadership, and marketing focus on emerging trends, changing customer demands, and new technologies and their future applications and position students to stay ahead in a rapidly evolving industry.

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Our location is a magnet for top faculty

The Washington D.C./Maryland area is one of the largest concentrations of high-tech companies, defense contractors, and government agencies, like the Department of Homeland Security and the Department of Defense. Many Capitol Tech faculty currently work for these tech-savvy government organizations and commercial enterprises, so you'll learn how to use cutting-edge strategies and practices from the world's best practitioners.

online

Program is 100% online

All you need to begin earning your M.S. in Product Management is an Internet connection. We keep the classes small so you receive personalized attention from faculty who are interested in sharing their knowledge and helping you succeed.

Key Faculty

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Director of Graduate Programs

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Dissertation Chair/Adjunct Professor

master thesis product management

Top Companies in Washington, DC Hiring Product Manager

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Career Opportunities

market demand

Market Demand for Product Management

Get the advanced education you need to enter product manager roles and leadership positions in commercial companies across industries and local, state, and federal governments, as well as emerging areas like artificial intelligence, blockchain, and machine learning, where product managers are increasingly needed to oversee product development and implementation.

Degree Details

Generally, to apply to a graduate degree program, you should have completed a bachelor's degree or be completing a bachelor's degree prior to enrollment and should have a 3.0 cumulative grade point average or higher.

Some master of science programs have additional technical competency requirements.

Master of Science in Product Management - 30 credits

Educational objectives:.

  • Students will develop a comprehensive product development and management strategy for a   unique, superior product that delivers a compelling value proposition to the customer.
  • Students will demonstrate an advanced ability to use market research methods and techniques   to create new products.
  • Students will analyze successful market-driven, customer-focused product development   processes.
  • Students will demonstrate a superior ability to apply the tools and metrics that are required to   underpin a successful new product process.
  • Students will develop portfolio product management plans in a cross-functional manner that   encompasses the development of new products through to launch and an on-going review of   existing products to ensure optimal alignment with strategy and resource availability.
  • Students will demonstrate highly detailed knowledge of the organizational culture and   environment that is required to foster product innovation.
  • Students demonstrate advanced knowledge of the stages of the product life cycle, including   product management and product development strategies for each stage.
  • Students will demonstrate a superior understanding of sustainability with specific emphasis   on sustainable innovation as applied to innovation strategy and product design.

Learning Outcomes:

Upon graduation:

  • Graduates will develop comprehensive product development and management strategies for   unique, superior products that deliver compelling value propositions to the customer.
  • Graduates will employ advanced market research methods and techniques to create new   products.
  • Graduates will develop and lead successful market-driven, customer-focused product   development processes in their organization.
  • Graduates will develop and implement sophisticated portfolio product management plans in a   cross-functional manner.
  • Graduates will create and lead an organizational culture and environment that fosters product   innovation.
  • Graduates will employ effective and efficient product management and product development   strategies for each stage of the product life cycle.
  • Graduates will develop and lead sustainability in their organization with a specific emphasis   on sustainable innovation as applied to innovation strategy and product design.

Tuition & Fees

Tuition rates are subject to change.

The following rates are in effect for the 2024-2025 academic year, beginning in Fall 2024 and continuing through Summer 2025:

  • The per credit charge for all other masters courses is $630 per credit hour.
  • The active duty military tuition rate is $350 per credit.
  • The retired military tuition rate is $530 per credit.
  • The information technology fee is $40 per credit hour.
  • High School and Community College full-time faculty and full-time staff receive a 20% discount on tuition for master programs.

Find additional information for 2024-2025 masters tuition and fees.

The MSPM program at Capitol Technology University provides students with a comprehensive understanding of the product management lifecycle, from market research and product design to launch and post-launch management. Our students graduate with the skills and confidence to succeed in a rapidly evolving industry and make an impact in their careers.

-Jeremy D. Pretty, PhD

Need more info, or ready to apply?

We're here to help..

Product Management, Master of Professional Studies (M.P.S.)

Non-thesis only: 30 credits required

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Best Product Management Master’s Degree Programs, Jobs, and Salaries

There has been a rising demand for product managers in the past few years, with Glassdoor listing product management among the 50 best jobs in America for 2022 . If you are exploring a career in product management, you should enroll in one of the best product management master’s degree programs.

A Master’s Degree in Product Management teaches the most in-demand skills, and your chosen university’s career support services and campus facilities can help you get a high-paying job. Learn about the best product management master’s degrees in this career guide and the product management master’s degree jobs and salary outlook you could find yourself in.

Find your bootcamp match

Where can i get a master’s degree in product management.

You can get a Master’s in Product Management from an accredited higher education institution in the US. Some of the best schools to get a product management master’s degree include Duke University, Boston University, New York University, Northwestern University, and the University of Wisconsin.

Most higher education institutions require students to hold a bachelor’s degree before enrolling in a master’s degree. Some accreditated schools also offer product management bootcamps explicitly designed for students who don’t have a technical background.

What Schools Offer the Best Product Management Master’s Degrees?

  • Boston University
  • Carnegie Mellon University
  • Massachusetts Institute of Technology
  • Penn State Great Valley
  • Regent University

What Are the Admission Requirements for a Master’s Degree in Product Management?

The most common admission requirements for a Master’s in Product Management includes a bachelor’s degree, an application form, and official university transcripts. The admission requirements of every program are different. If you are interested in a program, you should visit its official website and check the eligibility requirements. 

In addition, many schools also ask students to send their Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) scores. However, it is not a mandatory requirement for many universities. If you are unable to submit the standardized test scores, you can contact the admission office of your chosen university and ask for a waiver.

Some graduate schools require students to procure work experience before enrolling in a master’s program. Students also have to submit professional recommendations, a statement of purpose, and a detailed resume while applying to a graduate school.

Product Management Master’s Degree Admission Requirements

  • A bachelor’s degree from an accredited university
  • Official undergraduate transcripts
  • Standardized test scores, most preferably GRE or GMAT
  • Online admission form
  • Application fee
  • A minimum grade point average (GPA) of 2.5 or better
  • Proof of citizenship, letters of recommendation and latest resume
  • A short personal essay or statement of purpose. 

How to Get a Product Management Master’s Degree 

You can get a product management master’s degree by completing all the degree requirements of your program. Most universities require students to meet specific credit requirements to qualify for graduation. Students are also required to maintain a healthy GPA.

Other degree requirements can include writing a thesis, passing a graduation test, or gaining professional experience through an internship. The degree requirements of a graduate program vary from university to university. Before enrolling in a program, you should check the degree requirements of your chosen university.

How Many Credits Do You Need for a Master’s Degree in Product Management?

To get a product management master’s degree, you need to complete 35 to 60 credit hours on average. Most universities have a semester-based academic calendar where students must complete 15 to 16 credit hours. The semester usually consists of core subjects and electives with a set minimum of credit hours, depending on the university policy. 

Some universities also have a quarter-based semester system. In that case, students have to finish five or six quarters to earn a master’s degree. A few universities do not have credit hour requirements, but they require students to attend nine to 12 months of on-campus lectures. 

Product Management Degree Requirements

  • Credit requirement. Most universities follow a semester-based calendar with a defined credit requirement for all enrolled students. Students must complete 30 to 60 credit hours to get a master’s degree. 
  • Grade point average. Many universities have a defined GPA requirement that all students have to meet to qualify for the degree. The GPA may vary depending on the program. Usually, students have to score better than 2.5 GPA on a scale of 4.0. 
  • Professional internship experience. Many universities require students to enroll in a professional internship program to gain real-world experience. The internship program is usually as long as a semester and carries 15 to 16 credits. 
  • Capstone project. Students enrolled in a master’s degree often have to work on a capstone project to qualify for graduation. A capstone project is a final assignment that prepares students for the job market. 
  • Graduation fee. Many schools require a graduation fee. You have to pay all your dues in order to qualify for graduation. A school may choose to hold your degree until you clear all the expenses. 

Best Product Management Master’s Degree Programs and Schools: Overview

Best schools for product management: top product management master’s degree programs.

Find below the best schools that offer a Master’s Degree in Product Management. We’ve given a general overview of the school and the program, along with the admission requirements and application process.

Established in 1900, Carnegie Mellon University is a private university in Pittsburg. According to US News and World Report, it is one of the top 25 national universities in the country . The university consists of seven colleges and independent schools and offers 80 majors and more than 90 minors. 

Master of Science in Product Management

The Carnegie Mellon MSPM program is offered by the Tepper School of Business and School of Computer Science. It is a STEM-designated program where students learn business fundamentals for high-tech product management. Students also get a thorough understanding of the principles of product management, business communication, and product marketing. 

Master of Science in Product Management Overview

  • Accreditation: Middle States Commission on Higher Education (MSCHE)
  • Tuition and Fees: $33,939 per full-time semester and $464 fee per semester
  • Required Credits: Not stated
  • Program Length: 1 year
  • Learning Format: In-person
  • NCES School Graduation Rate: 93%

Master of Science in Product Management Admission Requirements

  • GPA: No minimum
  • Standardized Tests: GRE and GMAT
  • Application Fee: $125 
  • Minimum Education: Bachelor’s degree or equivalent from an accredited institution 
  • Other Requirements: Personal essays, letters of recommendation and current resume, proficiency in linear algebra and calculus, statistical concepts, basic programming

Applying to Carnegie Mellon University

  • Fill out your admission application online.
  • Submit your current resume.
  • Upload GRE and GMAT scores.
  • Submit personal essays and professional recommendations.
  • Pay the application fee.

Duke University was founded in 1838 and is one of the top 10 national universities in the US , according to US News and World Report. The university offers 53 majors, 52 minors, and 23 certificate programs. Students can choose from a wide range of programs such as biotechnology, business, engineering management, and computer science. 

Master of Engineering Management

The program offers an in-depth understanding of using business and leadership skills in an engineering role. The program's core courses include marketing, management of high-tech industries, intellectual property, business law, and entrepreneurship. Students will also learn product management in high-tech companies, advanced finance, and supply-chain management. 

Master of Engineering Management Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges
  • Tuition and Fees: $86,907 for the entire program. 
  • Required Credits: 30 credits
  • Program Length: 2 years
  • NCES School Graduation Rate: 96%

Master of Engineering Management Admission Requirements

  • GPA: No minimum requirement
  • Standardized Tests: GRE optional
  • Application Fee: $75 
  • Minimum Education: Bachelor’s degree
  • Other Requirements: Three short essays, current resume, three letters of recommendation, and a video introduction 

Applying to Duke University

  • Start your online application.
  • Upload official transcripts.
  • Submit short essays, your current resume, and letters of recommendation.
  • Upload a video introduction.
  • Attend an admission interview when invited.

According to US News and World Report, Massachusetts Institute of Technology (MIT), founded in 1861, is the second-best national university in the country. The university is famous for its outstanding faculty and research-based degree programs.

MIT consists of five schools, namely architecture and planning, engineering, humanities, arts, and social sciences, management, and science. These schools together offer a wide range of on-campus and online programs.

Master of Science in Management Studies

MIT's Master of Science in Management Studies is a unique program that prepares the student for an international job in product management. In this program, students learn economic analysis for business decisions, applied macro and international economics, and econometrics for managers. It is a special program that complements prospective and current students pursuing MBA from partner schools. 

Master of Science in Management Studies Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition and Fees: $78,954​
  • Program Length: 9 months

Master of Science in Management Studies Admission Requirements

  • Standardized Tests: GRE or GMAT
  • Application Fee: $150 
  • Minimum Education: Bachelor’s degree 
  • Other Requirements: Resume, cover letter, video statement, essay question about your proposed MSMS thesis topic, academic transcripts and two letters of recommendation

Applying to Massachusetts Institute of Technology

  • Fresh students have to apply to both partner schools and MIT.
  • Current students have to start an application online.
  • Upload video statement.
  • Submit resume, cover letter, and two letters of recommendation.
  • Send academic transcripts and GRE and GMAT scores.
  • Prepare for an interview.

New York University (NYU), founded in 1831, is the largest private university in the US. It has three degree-granting campuses in New York, Abu Dhabi, and Shanghai. NYU's main campus has 11 schools and colleges which offer various undergraduate and graduate degree programs in nearly 270 fields of study. It is a competitive university with an acceptance rate of 12 percent. 

Master of Business Administration with Specialization in Tech Product Management

NYU's full-time MBA with specialization in tech product management teaches how to create, test, and deploy technology-enabled ideas in business operations. Students will study strategy management of artificial intelligence, design thinking, programming with Python, and emerging technologies. The full-time MBA also offers other specializations like management of technology and operations that can land you a job as a product manager.

Master of Business Administration with Specialization in Tech Product Management Overview

  • Accreditation: The Middle States Commission on Higher Education
  • Tuition and Fees: $93,129 for the entire program
  • Required Credits: 60 credits
  • Program Length: Two years
  • NCES School Graduation Rate: 90%

Master of Business Administration with Specialization in Tech Product Management Admission Requirements

  • Standardized Tests: Not required
  • Application Fee: $80
  • Minimum Education: A four-year bachelor's degree from an accredited institution
  • Other Requirements: Letters of recommendation and statement of purpose

Applying to New York University

  • Fill out the application form online.
  • Upload statement of purpose.
  • Review admission status.

Established in 1851, Northwestern University is among the top 10 national universities in the country , according to US News and World Report. It is a competitive university with an acceptance rate of seven percent. It offers more than 4,000 courses every year and as many as 8,000 undergraduates and 13,000 graduate students study at the university.

Master of Science in Integrated Marketing Communications

If you want to apply for a managerial position in product management, then this master's degree program in integrated marketing communication is ideal. The MS program is a STEM-designated program that combines classroom learning with hands-on communication. Students learn marketing research, digital analytics, and financial accounting as well. 

Master of Science in Integrated Marketing Communications Overview

  • Accreditation: Higher Learning Commission
  • Tuition and Fees: $97,400
  • Required Credits: 5 quarters
  • Program Length: 15 months 
  • Learning Format: In-person or online
  • NCES School Graduation Rate: 95%

Master of Science in Integrated Marketing Communications Admission Requirements

  • Application Fee: $100 
  • Other Requirements: Resume, essays, and letters of recommendation

Applying to Northwestern University

  • Submit your online application.
  • Review admission decision.
  • Explore financial aid options.

Pennsylvania State University , also known as Penn State, is a multi-campus research university founded in 1855. It has 24 campuses across Pennsylvania, including two law schools and a medical school. Penn State offers more than 90 undergraduate and a wide range of graduate degree programs across its campuses and online. 

Penn State Great Valley's graduate program in engineering management is an excellent option for those interested in technical or software project management. The program teaches core subjects like operations management, data visualization for analytics, technical project management, applied statistics, and decision and risk analysis in engineering. 

  • Accreditation: Middle States Commission on Higher Education
  • Tuition: $1,094/credit hour (resident); $1,771/credit hour (non-resident)
  • Required Credits: 33 credits
  • Program Length: 1.5 years
  • Learning Format: Hybrid
  • NCES School Graduation Rate: 57%
  • GPA: 3.0 or better
  • Standardized Tests: GRE or GMAT (optional) 
  • Application Fee: $65 
  • Other Requirements: Official transcripts, one to two years of professional experience, detailed resume, statement of intent, and contact information for two references

Applying to Penn State Great Valley

  • Start your application by visiting the graduate school admission page.
  • Upload a copy of your official transcripts.
  • Upload a copy of your current resume.
  • Submit a one-page lengthy statement of intent.
  • Pay a non-refundable application fee.

Regent University is one of the best and most prestigious universities in Virginia . It is a Christian university that was established in 1978. The university offers undergraduate and graduate programs in over 150 fields of study. Students can pursue a degree in business, law, leadership, cyber security, nursing, or healthcare. 

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Master of Business Administration with a Concentration in Product Management

Regent University's MBA in product development teaches an in-depth course on all stages of a product lifestyle. They learn to critically think and launch their product in a global marketplace. Some of the program's core courses are marketing management, operations and supply chain management, managerial economics, and corporate finance. Students also study four concentration courses, including design strategy and new product development.

Master of Business Administration with a Concentration in Product Management Overview

  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
  • Tuition: $695/credit hour 
  • Required Credits: 42 credits
  • Program Length: 2.5 years
  • NCES School Graduation Rate: 61%

Master of Business Administration with a Concentration in Product Management Admission Requirements

  • GPA: Not required
  • Standardized Tests: None
  • Application Fee: None 
  • Other Requirements: None

Applying to Regent University 

  • Submit your application form online at the official university website.
  • Answer the questionnaire sent by the university.
  • Send unofficial transcripts.
  • Email your official government identification.

Founded in 1867, the University of Illinois ranks 15 among the top public universities in the US. It has 16 colleges that offer over 150 undergraduate and 100 graduate programs. As many as 50,000 students study at the university in various programs.

Master of Science Technical Management

This program is an excellent option for students who want to become technical product managers. It is a STEM-designated program that teaches process management, marketing management, finance, and accounting measurement.

Further, students can choose from 18 electives such as entrepreneurship, big data analytics, new product development, and IT governance. The program also offers a concentration in three subjects.

Master of Science Product Management Overview

  • Tuition and Fees: $41,912 (resident); $54,912 (non-resident)
  • Required Credits: 40 credits
  • Program Length: 12 months
  • NCES School Graduation Rate: 86%

Master of Science Technical Management Admission Requirements

  • GPA: A minimum GPA of 3.0 
  • Standardized Tests: GRE or GMAT (optional)
  • Application Fee: $70 
  • Minimum Education: A four-year undergraduate degree 
  • Other Requirements: Resume, statement of purpose, and answers to video questions

Applying to University of Illinois

  • Fill out the online application form through graduate college.
  • Submit unofficial transcripts.
  • Submit your GRE and GMAT scores, although it is not mandatory.
  • Upload your detailed resume.
  • Submit a statement of purpose.
  • Submit Gies Scholarship application essay.
  • Answer the video questions.

The University of Texas at Austin (UT Austin) was established nearly 140 years ago. It consists of 18 schools and colleges offering 156 undergraduate, 139 graduate degrees, and several doctoral programs. According to US News and World Report 2021, UT Austin is among the top 10 national universities in the US. 

Master of Science in Technology Commercialization

McCombs School of Business at UT Austin offers a go-to-market graduate program that teaches most in-demand business skills to students. Students learn marketing technological innovations, the art and science of negotiation, and venture accounting. In addition, they also understand how to manage product development and production.

Master of Science in Technology Commercialization Overview

  • Tuition and Fees: $57,000 for the entire program

Master of Science in Technology Commercialization Admission Requirements

  • Other Requirements: Letters of recommendation, a detailed resume, and official transcripts

Applying to University of Texas at Austin

  • Submit GRE and GMAT scores or request a waiver if applicable.
  • Submit two letters of recommendation and official transcripts.
  • Submit your detailed resume.
  • Attend the admission interview when invited.
  • Check admission status.

University of Wisconsin is a four-year public institution founded in 1848. It is located in Madison and consists of 13 schools and colleges. The university offers over 200 undergraduate and 250 graduate programs. Students can study a wide range of career fields, including engineering, human ecology, music, social work, and pharmacy nursing.

Master of Business Administration in Technology Strategy and Product Management

This is a customizable MBA program where students learn product management, digital strategy, project management, supply chain analytics, and managerial accounting. The program also offers 12 electives to help students gain specialization in specific niches to help students kickstart a career in technology, consulting, or the healthcare industry.

Master of Business Administration in Technology Strategy and Product Management Overview

  • Accreditation: Higher Learning Commission 
  • Tuition and Fees: $23,364.64 (resident); $47,013.12 (non-resident) for the program
  • Required Credits: 24 credits

Master of Business Administration in Technology Strategy and Product Management Admission Requirements

  • Minimum Education: Bachelor’s degree from an accredited institution
  • Other Requirements: Resume, essay, letters of recommendation, and official transcripts 

Applying to University of Wisconsin

  • Register on the official university website.
  • Create an account.
  • Submit an online application form.
  • Send official transcripts.
  • Upload resume.
  • Submit answers to essay questions.
  • Send professional letters of recommendation.

What Is a Product Management Master’s Degree?

Product management master’s degrees are graduate-level advanced degree programs usually awarded by a graduate school. These degrees are typically two years long and are designed to teach career-focused skills and require students to complete 26 to 60 credits.  

A graduate degree program prepares students to meet the tech industry’s challenges. They learn tech skills and fundamental business concepts through hands-on experience as they work on real-life projects. 

Students who graduate with a master’s degree possess advanced technical and business skills, honed through a disciplined learning environment where students can gain a sound knowledge of the entire product lifecycle. 

How Important Is a Master’s Degree in Product Management?

A Master’s Degree in Product Management is very important for students passionate about designing and managing a product. Product management is one of the best jobs in the tech industry in 2022 .

A product management degree is a career-focused degree designed to teach relevant skills so students can pursue their dream jobs. Even students without a STEM education background can study product management and get a technical job.

With this degree, students can pursue a career in the tech industry, working in a startup or consulting firm. Apart from this, schools should offer career counseling services to help students decide the best path forward.

What Types of Master’s Degrees Can You Get in Product Management?

You can either get a Master of Science in Product Management or a Master of Business Administration in Product Management. A Master of Science is a STEM-designated program that emphasizes technical skills. It is more suitable for students with a degree in computer science, engineering, or other technical fields.

An MBA degree is a business program that teaches theory and application of business principles. Students can specialize in different modules such as product management or product strategy and design.

Is It Better to Get a Master of Science or Master of Business Administration in Product Management?

It is better to get a Master of Science because it focuses only on product management. A Master of Science degree teaches both technical and business skills, so a student learns how to design, manage, and market a product. 

In contrast, most MBA degrees offer product management as one of many specialization options. The program focuses less on tech skills and more on business skills. Students have to study core business subjects.

Both MBA and MS degrees are excellent options for studying product management. The type of program you choose will depend on your career goals. If you are confused about which type of program is best for you, you should consult the admissions office. 

What Is the Difference Between a Product Management Master’s Degree and a Product Management Certificate?

The primary difference between a product management master’s degree and a product management certificate program is the learning outcome. A master’s degree emphasizes teaching academic knowledge. In contrast, a certificate program aims to help the student quickly develop practical skills.

In addition, a product management master’s degree usually lasts for nine to 24 months. During this time, students learn the fundamentals and gain specialization in a subject. However, certificate programs are short and may end within a few weeks, and are cheaper than a master’s degree.

How Much Does It Cost to Get a Master’s Degree in Product Management?

The average tuition for a graduate public institution is $12,171 in the US, according to a 2018 to 19 survey by National Center for Education Statistics. The cost of getting a Master’s Degree in Product Management depends on the type of institution. 

For instance, you might have to pay more if you attend a non-profit private institution. As per NCES, the average cost would then be $27,776. Additionally, a for-profit private institution would cost you $14,208, although these are not recent figures. Based on the figures stated, you may have to pay anywhere between $10,000 and $60,000 to get a master’s degree in product management.

Further, your program cost consists of campus facilities, living expenses, meals, transportation, and books. When choosing a program, you should consider all the expenses to make an informed decision. 

How Long Does It Take to Get a Product Management Master’s Degree?

It can take nine to 24 months to get a product management master’s degree. The program length of your chosen master’s degree depends on university requirements. Certain universities allow you to complete the entire degree program in about a year. Such programs are usually rigorous and have an intense curriculum. 

In contrast, some universities offer flexible programs where the duration can be decided by the student. If you opt for flexible programs, you can take up to three years to earn a professional degree. These programs are ideal for working professionals who want to attend in-person classes.

How Hard Is It to Get a Master’s Degree in Product Management?

It is not hard to get a Master’s Degree in Product Management if you have strong management and technical skills. Students who don’t have a STEM background may find the Master of Science in Product Management a bit challenging. However, they can first complete the prerequisite coursework to prepare for the program. 

Alternatively, students without technical backgrounds can enroll in a Master’s in Business Administration with a concentration in product management. The curriculum of an MBA has core management coursework. 

You can also seek student service support to help you study the subject and gain relevant skills. Product management has various career options. You will find the program easy as long as you study the subjects of your interest. 

Why Should You Get a Product Management Master’s Degree? 

You should get a product management master’s degree because it can open various career opportunities for you. With a degree, you can gain the advanced level skill set needed to become a good product manager. In addition, you can get experience, upskill yourself, and climb up the corporate ladder to become a marketing manager, head of product, or vice president of an organization.

Product management is one of the key positions in the company. Since this job is related to business and tech, it can present numerous opportunities in various industries. According to LinkedIn, there are over 250,000 job openings for product managers right now. With the growing demand, job openings are likely to increase.

What Courses Do You Need to Take in a Master’s Degree Program in Product Management?

When deciding which program to study, it is important that you also check the curriculum. A degree with all the core subjects can help you gain career-specific skills. Below is the core curriculum that most master’s degrees offer.

Product Management Fundamentals 

This course will teach you the end-to-end process of researching, designing, developing, and marketing a product. You will learn the duties and responsibilities of a product manager in different fields and get hands-on experience in real-life projects.

Brand Management

This course teaches you how to identify your target customers and position the product in a way that it reaches the masses. You will learn how to create, manage, and sustain a brand, and how to design a smooth user experience. 

Business Analytics  

Business analytics teaches students to use advanced technology to optimize business operations. You will learn data analysis, statistical models, and other quantitative methods to solve business challenges. Additionally, you will learn how to analyze industry trends, study competitors, and use big data to make informed decisions. 

Introduction to Product Strategy 

This course will teach you the core concepts of building an effective product strategy. You will also learn the fundamentals of an effective go-to-market strategy and how to achieve business objectives. Further, you will learn how to analyze the existing strategies and align them with your business goals.

Supply Chain Management

Supply chain management is an essential course for product managers who want to work in manufacturing. In this course, you will learn how to manage the entire flow of information, services, and processes involved in the supply chain. 

Continuing Education Paths for Product Management Master’s Degree Graduates

Once you complete your product management master’s degree, you can gain advanced skills through certificate programs. A certificate course can help you sharpen your skills and get a competitive edge in an ever-evolving field. You can also pursue a doctoral program, with which you can apply for top managerial positions. 

Related Product Management Degrees

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What to Look For in the Best Product Management Master’s Degree Programs

The factors to keep in mind while selecting a master’s degree program include the cost of attendance, learning environment, career support services, or institutional rank. Below is an explanation of the common factors that play an essential role in your education.

Cost of Attendance

Before applying to any degree program, you should ensure that it fits into your budget. You can do this by comparing the cost of attendance of all the schools you like. You should also calculate other non-billable expenses to estimate the total cost of the program. 

Core Courses

Product management is a vast field, hence every program offers a mix of relevant subjects. Before enrolling in a program, ensure that you’ve thoroughly understood the courses you will take. This will ensure that the program aligns with your career goals. 

Institutional Accreditation

You should ensure that your chosen school is accredited when choosing a program. Accreditation ensures educational institutions are maintaining certain standards of education. Many employers require their employees to have a degree from an accredited institution.

Specialization

If you are enrolling in an MBA program, you should check the specialization offered by it. An MBA program may provide specialization in supply chain management, business analytics, or product management. You can choose your specialization as per your needs. 

Career Services

Career support services can help students prepare for the job market. You should choose a university that can help you build a strong portfolio and teach you how to write a resume from scratch. Some universities also conduct mock interviews to help students face the challenges of real-job interviews. 

What Is the Most Affordable Product Management Master’s Degree?

University of Wisconsin offers the most affordable product management master’s degree. The university offers a Master of Business Administration in Technology Strategy and Product Management. The total cost of the degree for residents is $23,634. The university also levies segregated fees, program fees, books and supplies charges, and room and computer fees. This can bring the total to $49,588.24. 

In addition, the university has different tuition fees for resident and non-resident students. Non-resident students have to pay $47,013.12, which is twice the resident tuition fee amount. After adding all the expenses for non-resident students, the cost of attendance is $73,236.72.

Salary and Job Outlook for Product Management Master’s Degree Graduates

A product management team sitting and standing around a conference table while someone gives a presentation.

If you want to study product management, you should know about the many career options you can pursue. Your position can be a technical or managerial role, depending on the type of company you’re in. We’ve prepared a list of the best jobs, growth outlook, and salaries to help you with the research. 

How Hard Is It to Get a Job With a Product Management Master’s Degree?

It is not hard to get a job with a product management master’s degree. Product management is an emerging field. Almost every organization requires a product manager to optimize business operations and work on go-to-market product strategy.

The US Bureau of Labor Statistics does not track the job outlook for product managers. That said, other popular job portals like Glassdoor have ranked product management roles in America’s best jobs of 2022.  

The demand for product managers is also reflected by the high salaries employers pay. In the US, product managers can earn $125,000 on average. Product managers can also work as freelancers and enjoy other benefits.

What’s the Average Product Management Master’s Degree Salary?

You can make $94,000 on average per year with a Master of Science in Product Management, according to PayScale estimates. This is a general salary estimate for a product manager. However, the salary of a product manager depends on the job responsibilities. 

A software product manager can earn over $100,000 per year, while a consumer product manager makes $60,000 . Product managers who possess technical skills are likely to earn higher than those who do not.

What Types of Jobs Can You Get With a Product Management Master’s Degree?

The type of jobs you can get with a Master’s in Product Management include product manager, technical project manager, consumer product manager, product marketing manager, and group product manager. You can also explore the job of a project manager, program manager, account manager, business analyst, marketing manager, and sales manager.

Product Management Degree Jobs

  • Group Product Manager
  • Technical Product Manager
  • Software Product Manager
  • Product Marketing Manager
  • Product Manager

Potential Careers With a Product Management Degree

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How Much Money Can You Make With a Master’s Degree in Product Management?

According to PayScale, you can earn $97,000 with a Master of Science in Product Management. A product management master’s degree makes you eligible for various business roles. Therefore, your salary will depend on the type of degree you are enrolled in and the type of job you take after you graduate. 

For instance, if you have a Master of Engineering Management, you can make $81,000 in the US . In addition, if you get a product management certification and sharpen your skills, you can earn over $100,000 a year .

Highest-Paying Product Management Master’s Degree Jobs and Salaries: Overview

Best jobs for product management master’s degree grads.

With a master’s degree, there are a lot of product management jobs you can explore. Product management is a new field, hence the Bureau of Labor Statistics (BLS) hasn’t specified its job outlook yet. BLS has categorized it under similar management roles.

To help you start your research, we’ve listed the top-paying product management positions you can get after graduation. You will also find the average salaries, top-paying states, and job growth. 

A group product manager (GPM) is an experienced professional who leads a team of product managers. The primary responsibility of a GPM is to oversee all the operations of a product lifecycle. A GPM envisions the long-term strategy and directs the team to design and launch a product. In a way, a GPM manages people and products together.

  • Average Salary: $149,899
  • Job Outlook: 9% job growth from 2020 to 2030
  • Number of Jobs: 42,400
  • Highest-Paying States: California, Texas, New York, Florida, Massachusetts

Technical product managers have a solid technical education background. They are responsible for analyzing the customer's needs and helping engineers and developers deliver a great product. They examine new products and ensure a smooth user experience and assess technical risks attached to the product.

  • Average Salary: $109,741
  • Job Outlook: 9% job growth from 2020 to 2030*
  • Number of Jobs: 42,400**
  • Highest-Paying States: California, Texas, New York, Florida, Massachusetts**

Software product managers are responsible for overseeing the entire software development cycle. They closely work with engineering and management teams to ensure product development matches the product vision. They also analyze industry trends to help formulate business strategies. 

  • Average Salary: $100,544
  • Number of Jobs: 42,400*

A product marketing manager develops effective promotion and marketing strategies for a particular product. They are responsible for positioning and branding a product among the masses. They work with different teams, including sales, engineering, and marketing, to ensure business growth. 

  • Average Salary: $93,866
  • Number of Jobs: 31,100

Product managers are highly skilled professionals who research, design, develop, and launch a product, software, or service. They have many responsibilities, including relationship management, user experience, product design, and business strategy. 

  • Average Salary: $88,544
  • Job Outlook: 9% job growth from 2020 to 2030 *
  • Number of Jobs: 31,100 **

* Information taken from BLS statistics on Management Occupations

** Information taken from BLS statistics on Computer and Information Systems Managers

Best Jobs According to Your Major

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Is a Master’s Degree in Product Management Worth It? 

Yes, a Master’s Degree in Product Management is worth it. There’s immense demand for product management in the country and worldwide. If you are passionate about designing and managing a product cycle, you should pursue product management. 

Product management programs can teach you the most in-demand tech and business skills required to get a high-paying job. During the program, you will get a chance to work on a capstone project and get internship experience. Due to the high demand, you are likely to get a competitive salary as you gain more experience. 

Additional Reading About Product Management 

[query_class_embed] https://careerkarma.com/blog/product-school-future-of-product-management/ https://careerkarma.com/blog/product-school-why-learn-product-management/ https://careerkarma.com/blog/product-manager-job-satisfaction/

Product Management Master’s Degree FAQ

To start a career in product management you first need to gain relevant business and technical skills. You can develop the skillset by enrolling in a program or a bootcamp. It would help if you wrote an excellent resume and built a portfolio. You can start networking with other professionals in the industry to get a job.

Yes, you can become a product manager without a degree by gaining relevant skills through bootcamps or certifications. Product management bootcamps are career-focused intensive programs that can make you job-ready. Bootcamps are usually shorter and more affordable than most degree programs.

A degree that includes fundamentals of product management, economics, and marketing for managers is the best product management degree. If you don’t have a technical background, an MBA in product management can be an ideal degree for you.

You can get an online product management master’s degree from Indiana University (Kelley), the University of Southern California, Saint Vincent College, and Boston University. Alternatively, you can enroll in product management bootcamps offered by accreditated institutions like Columbia University.

About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication .

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MoSCoW Prioritization

What is moscow prioritization.

MoSCoW prioritization, also known as the MoSCoW method or MoSCoW analysis, is a popular prioritization technique for managing requirements. 

  The acronym MoSCoW represents four categories of initiatives: must-have, should-have, could-have, and won’t-have, or will not have right now. Some companies also use the “W” in MoSCoW to mean “wish.”

What is the History of the MoSCoW Method?

Software development expert Dai Clegg created the MoSCoW method while working at Oracle. He designed the framework to help his team prioritize tasks during development work on product releases.

You can find a detailed account of using MoSCoW prioritization in the Dynamic System Development Method (DSDM) handbook . But because MoSCoW can prioritize tasks within any time-boxed project, teams have adapted the method for a broad range of uses.

How Does MoSCoW Prioritization Work?

Before running a MoSCoW analysis, a few things need to happen. First, key stakeholders and the product team need to get aligned on objectives and prioritization factors. Then, all participants must agree on which initiatives to prioritize.

At this point, your team should also discuss how they will settle any disagreements in prioritization. If you can establish how to resolve disputes before they come up, you can help prevent those disagreements from holding up progress.

Finally, you’ll also want to reach a consensus on what percentage of resources you’d like to allocate to each category.

With the groundwork complete, you may begin determining which category is most appropriate for each initiative. But, first, let’s further break down each category in the MoSCoW method.

Start prioritizing your roadmap

Moscow prioritization categories.

Moscow

1. Must-have initiatives

As the name suggests, this category consists of initiatives that are “musts” for your team. They represent non-negotiable needs for the project, product, or release in question. For example, if you’re releasing a healthcare application, a must-have initiative may be security functionalities that help maintain compliance.

The “must-have” category requires the team to complete a mandatory task. If you’re unsure about whether something belongs in this category, ask yourself the following.

moscow-initiatives

If the product won’t work without an initiative, or the release becomes useless without it, the initiative is most likely a “must-have.”

2. Should-have initiatives

Should-have initiatives are just a step below must-haves. They are essential to the product, project, or release, but they are not vital. If left out, the product or project still functions. However, the initiatives may add significant value.

“Should-have” initiatives are different from “must-have” initiatives in that they can get scheduled for a future release without impacting the current one. For example, performance improvements, minor bug fixes, or new functionality may be “should-have” initiatives. Without them, the product still works.

3. Could-have initiatives

Another way of describing “could-have” initiatives is nice-to-haves. “Could-have” initiatives are not necessary to the core function of the product. However, compared with “should-have” initiatives, they have a much smaller impact on the outcome if left out.

So, initiatives placed in the “could-have” category are often the first to be deprioritized if a project in the “should-have” or “must-have” category ends up larger than expected.

4. Will not have (this time)

One benefit of the MoSCoW method is that it places several initiatives in the “will-not-have” category. The category can manage expectations about what the team will not include in a specific release (or another timeframe you’re prioritizing).

Placing initiatives in the “will-not-have” category is one way to help prevent scope creep . If initiatives are in this category, the team knows they are not a priority for this specific time frame. 

Some initiatives in the “will-not-have” group will be prioritized in the future, while others are not likely to happen. Some teams decide to differentiate between those by creating a subcategory within this group.

How Can Development Teams Use MoSCoW?

  Although Dai Clegg developed the approach to help prioritize tasks around his team’s limited time, the MoSCoW method also works when a development team faces limitations other than time. For example: 

Prioritize based on budgetary constraints.

What if a development team’s limiting factor is not a deadline but a tight budget imposed by the company? Working with the product managers, the team can use MoSCoW first to decide on the initiatives that represent must-haves and the should-haves. Then, using the development department’s budget as the guide, the team can figure out which items they can complete. 

Prioritize based on the team’s skillsets.

A cross-functional product team might also find itself constrained by the experience and expertise of its developers. If the product roadmap calls for functionality the team does not have the skills to build, this limiting factor will play into scoring those items in their MoSCoW analysis.

Prioritize based on competing needs at the company.

Cross-functional teams can also find themselves constrained by other company priorities. The team wants to make progress on a new product release, but the executive staff has created tight deadlines for further releases in the same timeframe. In this case, the team can use MoSCoW to determine which aspects of their desired release represent must-haves and temporarily backlog everything else.

What Are the Drawbacks of MoSCoW Prioritization?

  Although many product and development teams have prioritized MoSCoW, the approach has potential pitfalls. Here are a few examples.

1. An inconsistent scoring process can lead to tasks placed in the wrong categories.

  One common criticism against MoSCoW is that it does not include an objective methodology for ranking initiatives against each other. Your team will need to bring this methodology to your analysis. The MoSCoW approach works only to ensure that your team applies a consistent scoring system for all initiatives.

Pro tip: One proven method is weighted scoring, where your team measures each initiative on your backlog against a standard set of cost and benefit criteria. You can use the weighted scoring approach in ProductPlan’s roadmap app .

2. Not including all relevant stakeholders can lead to items placed in the wrong categories.

To know which of your team’s initiatives represent must-haves for your product and which are merely should-haves, you will need as much context as possible.

For example, you might need someone from your sales team to let you know how important (or unimportant) prospective buyers view a proposed new feature.

One pitfall of the MoSCoW method is that you could make poor decisions about where to slot each initiative unless your team receives input from all relevant stakeholders. 

3. Team bias for (or against) initiatives can undermine MoSCoW’s effectiveness.

Because MoSCoW does not include an objective scoring method, your team members can fall victim to their own opinions about certain initiatives. 

One risk of using MoSCoW prioritization is that a team can mistakenly think MoSCoW itself represents an objective way of measuring the items on their list. They discuss an initiative, agree that it is a “should have,” and move on to the next.

But your team will also need an objective and consistent framework for ranking all initiatives. That is the only way to minimize your team’s biases in favor of items or against them.

When Do You Use the MoSCoW Method for Prioritization?

MoSCoW prioritization is effective for teams that want to include representatives from the whole organization in their process. You can capture a broader perspective by involving participants from various functional departments.

Another reason you may want to use MoSCoW prioritization is it allows your team to determine how much effort goes into each category. Therefore, you can ensure you’re delivering a good variety of initiatives in each release.

What Are Best Practices for Using MoSCoW Prioritization?

If you’re considering giving MoSCoW prioritization a try, here are a few steps to keep in mind. Incorporating these into your process will help your team gain more value from the MoSCoW method.

1. Choose an objective ranking or scoring system.

Remember, MoSCoW helps your team group items into the appropriate buckets—from must-have items down to your longer-term wish list. But MoSCoW itself doesn’t help you determine which item belongs in which category.

You will need a separate ranking methodology. You can choose from many, such as:

  • Weighted scoring
  • Value vs. complexity
  • Buy-a-feature
  • Opportunity scoring

For help finding the best scoring methodology for your team, check out ProductPlan’s article: 7 strategies to choose the best features for your product .

2. Seek input from all key stakeholders.

To make sure you’re placing each initiative into the right bucket—must-have, should-have, could-have, or won’t-have—your team needs context. 

At the beginning of your MoSCoW method, your team should consider which stakeholders can provide valuable context and insights. Sales? Customer success? The executive staff? Product managers in another area of your business? Include them in your initiative scoring process if you think they can help you see opportunities or threats your team might miss. 

3. Share your MoSCoW process across your organization.

MoSCoW gives your team a tangible way to show your organization prioritizing initiatives for your products or projects. 

The method can help you build company-wide consensus for your work, or at least help you show stakeholders why you made the decisions you did.

Communicating your team’s prioritization strategy also helps you set expectations across the business. When they see your methodology for choosing one initiative over another, stakeholders in other departments will understand that your team has thought through and weighed all decisions you’ve made. 

If any stakeholders have an issue with one of your decisions, they will understand that they can’t simply complain—they’ll need to present you with evidence to alter your course of action.  

Related Terms

2×2 prioritization matrix / Eisenhower matrix / DACI decision-making framework / ICE scoring model / RICE scoring model

Prioritizing your roadmap using our guide

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FEIG ELECTRONIC: Moscow-City Skyscrapers Streamline Parking Access and Control with Secure RFID

Feig electronic partners with isbc group to deploy ucode dna rfid security and parking access control solution in moscow business district.

Weilburg, Germany  — December 3,  2019  —  FEIG ELECTRONIC , a leading global supplier of radio frequency identification (RFID) readers and antennas with fifty years of industry experience, announces deployment of the UCODE DNA RFID security and parking contactless identification solution in the Moscow International Business Center, known as Moscow-City, one of the world’s largest business district projects.

The management of Moscow-City not only selected long-range, passive UHF RFID to implement in its controlled parking areas, it also chose to implement UCODE DNA , the highest form of secure RAIN RFID technology, developed by NXP Semiconductors.

master thesis product management

Panoramic view of Moscow city and Moskva River at sunset. New modern futuristic skyscrapers of Moscow-City – International Business Center, toned

“Underscoring NXP’s innovation and leadership in developing advanced RAIN RFID technologies, our UCODE DNA was chosen to be incorporated with the FEIG and ISBC implementation of the contactless identification system in the prestigious Moscow-City,” said Mahdi Mekic, marketing director for RAIN RFID with NXP Semiconductors. “This exciting project represents yet another successful deployment of NXP’s contactless portfolio, and showcases our continued ability to meet the high-security requirements of highly demanding applications without compromising user convenience.”

“UCODE DNA is considered the only identification technology to match the physical protection of a barrier with the cybersecurity necessary to truly protect entrances from unauthorized access,” said Manuel Haertlé, senior product manager for FEIG Electronic. “As a respected contactless payment technology company, FEIG applies security know-how from its payment terminals, which are fully certified according to the latest high-class security standards, into our RFID systems. FEIG vehicle access control RFID readers incorporate advanced secure key storage elements, supporting various methods for secure key injection.”

FEIG’s partner ISBC Group provided the knowledge and support for this successful implementation using  FEIG’s long-range UHF RFID . The resulting system enables authorized vehicle entry into areas reserved for private residential use or corporate tenants, while also allowing availability of temporary, fee-based visitor parking. Thanks to the cryptographic authentication of UCODE DNA, both the tag and reader must go through an authentication procedure before the reader will validate the data from the tag, which is transmitted wirelessly. This level of authentication is typically used in the most secure data communication networks.

“The system’s two-step authentication means that only authorized equipment can handle the secure protocol and the data exchange with the UCODE DNA based tag. Without the required cryptographic secrets, other readers would query the tag in vain, because the tag’s response cannot be interpreted or understood,” said Andrey Krasovskiy, director of the RFID department at ISBC Group. “On top of this, each data exchange in the authentication process is unique, so even if a malicious actor were to intercept the communication, the transmission is only good for a single exchange and the tag’s unique identity is protected from cloning.”

Established in 1992 and still growing, Moscow-City is the revitalization and transformation of an industrial riverfront into a new, modern, vibrant and upscale business and residential district. A mix of residential, hotel, office, retail and entertainment facilities, it is located about four kilometers west of Red Square along the Moscow River. Twelve of the twenty-three planned facilities have already been completed, with seven currently under construction. Six skyscrapers in Moscow-City reach a height of at least 300 meters, including Europe’s tallest building, Federation Tower, which rises more than 100 stories.

Partnering with ISBC and deploying FEIG Electronic RFID solutions, the Moscow International Business Center is delivering security and access control to its city center today, as it grows into the city of tomorrow.

About FEIG ELECTRONIC

FEIG ELECTRONIC GmbH, a leading global supplier of RFID readers and antennas is one of the few suppliers worldwide offering RFID readers and antennas for all standard operating frequencies: LF (125 kHz), HF (13.56 MHz), UHF (860-960 MHz). A trusted pioneer in RFID with more than 50 years of industry experience, FEIG ELECTRONIC delivers unrivaled data collection, authentication, and identification solutions, as well as secure contactless payment systems. Readers from FEIG ELECTRONIC, which are available for plug-in, desktop, and handheld applications, support next-generation contactless credit cards, debit cards, smart cards, NFC and access control credentials to enable fast, accurate, reliable and secure transactions. For more information, visit:  www.feig.de/en

Founded in Moscow in 2002, ISBC Group provides knowledge and support to integrators for their successful implementation of RFID and smart card-based solutions. The company specializes in the distribution of smart card equipment, contact and contactless card manufacturing, smart card and RFID personalization services, and information security.  Its Research and Design Center is focused specifically on RFID, primarily HF and UHF solutions with NXP tags, and software development for the smart card industry. For more information visit:  https://isbc-cards.com/

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