Product management certifications are the official confirmation that a candidate has the required knowledge, abilities, and skills to successfully manage the product management process. This article will provide detailed knowledge about the product management certification and the top 5 product management certifications which are useful for the candidates to showcase their skills to the interviewer.
Best Product Management Certifications 2023-24
Table of Content
What is a Product Management Certification?
The Product Management Certifications refer to the industry-recognized programs that provide the required training needed to create, plan, organize, and launch the product all over the world. This certification program teaches the candidate about product strategy, marketing the product, and also about agile product development.
4 Reasons Why you need Product Management Certifications
Product management certifications can help you develop your skills and broaden your knowledge for career growth. But there are other benefits too. The following are some reasons in support of certification:
1. To gain valuable knowledge and skills
Product management certifications provide a comprehensive overview of the product management discipline, covering topics such as product strategy, product development, and product launch. They also teach you the specific skills and tools that you need to be successful in a product management role, such as user research, data analysis, and stakeholder management.
2. To stand out from the competition
The product management field is becoming increasingly competitive, and employers are looking for candidates who have the skills and knowledge to help them succeed. By earning a product management certification, you can demonstrate to potential employers that you have the necessary skills and expertise to be successful in the role.
3. To increase your earning potential
Product management is a well-paying field, and product managers with certifications tend to earn more than those without. According to a recent survey by ProductPlan, the average salary for a product manager with a certification is $120,000, while the average salary for a product manager without a certification is $100,000.
4. To advance your career
Product management certifications can help you advance your career in a number of ways. First, they can help you qualify for more senior product management roles. Second, they can help you transition into a product management role from another field. Third, they can help you earn a promotion or raise at your current job.
Top 5 Product Management Certifications 2023-24:
There are a lot of Product Management certifications available. Some of the top 5 Product management certifications in 2023 are mentioned below:
Top 5 Product Management Certifications 2023
1. Certified Product Marketing Manager
The Certification product marketing manager helps the individual to understand the core products of the marketing functions. This certification is offered by AIPMM Certification. This certification also helps to guide the product managers in ensuring the success of the product in the marketplace.
- Offered by: Certified Product Marketing Manager certification is offered by AIPMM Certification.
- Prerequisites of this certification: Any individual can appear for this certification exam but it is mainly recommended for the product marketers and product managers with overall 3+ years of experience or an MBA degree.
- Duration of the course: The course duration is 15 to 20 hours.
- Pricing: The AIPMM membership costs $125 for one year and $395 for self study.
2. Software Product Management
The software product management course is in which the individuals are being prepared for the challenges which need to be faced by the software product manager. This product management certification is offered by the university of Alberta.
- Offered by: Software Product management certification is offered by the University of Alberta (Coursera).
- Prerequisites for this certification: There are no particular prerequisites present in this certification.
- Duration of the course: This certification duration is about 24 weeks.
- Pricing: In this certification financial aid is provided but the pricing details must be given after the individual contacts the owner where this certification is provided.
3. Agile Certified Product Manager and Product Owner
The strategic concepts which are involved in the agile product management certification program is known as Agile certified product manager and product owner course. With the help of this certificate individuals can target customers, will have a great understanding about the entire product lifecycle and can provide in person training to the team members.
- Offered by: Agile Certified Product Manager and Product Owner certification courses are offered by AIPMM.
- Prerequisites for this certification: Any person can appear for this certification course but it is mainly recommended for the certified product marketers and product managers with overall 3+ years of experience or an MBA degree.
- Duration of the course: The duration of the course is 15-20 hours
- Pricing: The AIPMM membership price is $125 for one year and $395 for self study.
4. One Week Technical Product Manager
The one week technical product manager is a program for the aspiring technical product managers who want to get the knowledge about the technical skills.
- Offered by: One week technical product manager certification course is offered by Product manager HQ.
- Prerequisite for this certification: This program doesn’t need any qualification.
- Duration of the course: The duration of this course is around one week.
- Pricing: The cost of the content of over 140 lectures compiled in 6 hours is $297.
5. Digital Product Management
The program named MicroMasters program in Digital product management gives credential holders with the required knowledge on the digital product techniques and roadmaps for the agile product development.
- Offered by: Digital Product management certification offered by Boston University and EdX.
- Prerequisites for this certification: This certification doesn’t have any prerequisites.
- Duration of the course: The duration of the course is 4-7 hours per week for eight months.
- Pricing: The total cost of this full program is $1,995.
Conclusion: Best Product Management Certifications
Therefore, Product management certification plays a vital role in a career, these certificates enhance the career by giving the required knowledge and skills needed to successfully manage the product management process. This article covers the top 5 products management certification, its duration and pricing of the certifications.
FAQs on Product Management Certifications:
Q: What is a product management certification, and why might someone consider obtaining one?
A product management certification is a formal recognition of an individual’s knowledge and skills in product management. It can enhance credibility, provide a standardized understanding of best practices, and open up career opportunities.
Q: What are some well-known product management certifications available in the market?
Some well-known product management certifications include Certified Scrum Product Owner (CSPO), Pragmatic Institute’s Product Management Certification, Certified ScrumMaster (CSM), and Association of International Product Marketing and Management (AIPMM) certifications.
Q: How do product management certifications differ from one another?
Certifications differ in their focus, curriculum, and the skills they emphasize. For example, CSPO is more focused on Scrum and agile methodologies, while certifications from Pragmatic Institute cover a broader range of product management topics including market research and product strategy.
Q: Can someone with a technical background benefit from a product management certification?
Yes, product management certifications often cater to individuals with diverse backgrounds, including technical ones. They provide a holistic understanding of product management, including business strategy, market research, and customer engagement.
Q: Are product management certifications recognized globally, and do they hold the same value across industries?
The recognition and value of product management certifications can vary. However, reputable certifications are generally recognized globally and can add value across industries. It’s essential to choose certifications that align with industry standards and are respected by employers.
Q: How can someone choose the right product management certification for their career goals?
Consider factors such as the certification’s curriculum, industry reputation, alignment with personal career goals, and whether it covers the specific skills and methodologies relevant to the individual’s role or industry.
Q: Are there prerequisites for obtaining a product management certification?
Prerequisites vary among certifications. Some may require prior experience in product management or related fields, while others may be suitable for beginners. It’s essential to check the specific requirements of the certification body.