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Product Manager

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

Similar job roles
The current average salary of an Product Manager is $84,000 - 103,000 annually

Overview

Product managers are responsible for overseeing the production of a business’ product (or products).  Employment for this role is expected to grow strongly to 2022, from 63,600 workers in 2017 to 70,300 by 2022. 43,000 job openings are expected over this time from workers leaving and new jobs being created.

Read more about the marketing industry.

Key skills

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

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.

Outlook
  • Average Hours Worked
    39.4 full-time hours per week vs. all jobs average of 40 hours
    *Source
  • Main Industries
    Professional, scientific and technical services; manufacturing; and retail trade
  • Average qualification level
    49.1% Bachelor degree

* All information on this page has been complied using figures from payscale.com.au and the Australian Government's joboutlook.gov.au - all figures are indications only, and are accurate at time of publication. Please do your own research before selecting a course or career.

Study pathways

Get the skills you need to find work as a product manager by studying these marketing courses below.

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