How to Become a Product Manager
How Much Do Product Managers Make?
According to websites like Glassdoor and Payscale, the median salary for a Product Manager ranges from $86,000 to $117,000, depending on the type of work being done. An experienced Software Product Manager, for example, can expect to earn roughly $96,000 a year. For Senior Product Managers, that figure jumps to roughly $125,000.
As you can imagine, professionals in more senior positions at large firms can expect to earn more. A Director or VP of Product Management, for example, might earn from $123,000 a year into the mid-$200,000s, while a Chief Product Officer may make from $130,000 to $274,000—and considerably higher than that, once bonuses and stock options are factored in.
How Much Do Product Managers Make in Canada?
In Canada, the median Product Manager salaries range from $86,000 for a Product Manager to $125,000 for a Senior Product Manager. For a Director of Product Management, the median reported salary is $148,000, rising as high as $220,000 at the upper end.
Ultimately, the salary a Product Manager earns depends on a range of factors, including their location, the size of the company they’re working for, their level of seniority, and their years of experience. Because the largest companies in Canada tend to be smaller than the largest companies in the U.S., salaries across the tech industry scale commensurately.
Kick-Start Your Product Manager Career
We offer a wide variety of programs and courses built on adaptive curriculum and led by leading industry experts.
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Recommended Courses for Product Manager
The part-time Product Management course was designed to introduce the very latest product management concepts and techniques.
The Design Thinking training course gives you the skills to solve complex business problems using the design thinking process.
The part-time User Experience (UX) Design course was developed for professionals with an interest in digital design, web development, and improving the user experience of their product or digital properties.
The part-time Web Development course is designed to provide a crash course in web development, with introductions to HTML, CSS, and the Bootstrap framework.