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Product Manager

ind out how to become a product manager in the marketing sector. Discover information on salary, growth, stability and occupational expectations.

$110 - $173k
Annual Salary

What does a Product Manager do?

Product managers are responsible for overseeing the production of a business’ product (or products). 

Read more about the marketing industry.

What are the key skills of a Product Manager?

Product managers exert excellent leadership and managerial skills to ensure that product goals and standards are being met.

  • Are excellent communicators, both oral and written to collaborate effectively with others
  • Have strong leadership skills to direct their team and delegate work, as well as train newcomers
  • Are good with managing expenses and making important financial choices
  • Are innovative thinkers; may be required to contribute to new product marketing initiatives, ideas, and solutions
  • Must be computer proficient with knowledge in Microsoft Office
  • Are well versed in marketing and sales strategies

How to become a Product Manager

Formal qualifications are not needed to become a Product Manager, however, employers look favourably upon candidates that do have them. Product Managers typically hold qualifications related to IT, computer science, or marketing.

A course like a BSB50620 - Diploma of Marketing and Communication can help you gain the relevant skills and knowledge for this career pathway.

Quick Facts

Product managers have a high-level knowledge of the marketing field with strong managerial skills. Here are more key facts on the role of a product manager.

Employment for marketing and advertising professionals is set to grow in the next five years. From 87,100 in 2020 to 105,500 by 2025.

Average Hours Worked

44 full-time hours

per week vs. all jobs average of 44 hours
Main Industries

Varying from

Professional, scientific and technical services; manufacturing; and retail trade
Job Growth

Strong growth

in the next five years from 87,100 in 2020 to 105,500 by 2025.