Comments on: From Finance to Product Management: How to Escape the Dungeon and Move into the Technology Industry

By: M&I - Brian

M&I - Brian — Wed, 06 Oct 2021 00:26:41 +0000

In reply to Ron.

Sorry, I don’t know. Maybe this one? https://mergersandinquisitions.com/too-old-for-finance/

By: Ron

Ron — Sun, 03 Oct 2021 03:05:29 +0000

This question is to find a specific article. You have a page which talks about great alternate careers to IB, which pays in the 200-300K range with comparatively better work hours. Can you link that article in your response here? Your articles on this website are very helpful, thanks for making this website.

By: M&I - Brian

M&I - Brian — Wed, 23 Dec 2020 18:08:18 +0000

In reply to swarnabh. Thanks. I don't have other recommendations for product management roles, offhand, because it's not our typical domain. You might be able to ask for suggestions on sites like Hacker News.

By: swarnabh

swarnabh — Wed, 16 Dec 2020 13:16:08 +0000

This is a great article, I will be following this website here on now that I have seen the quality of the posts.
I am working for a MNC Investment Bank in an analytical role working on financial instruments and I want to make a similar. Can you suggest me books, websites or courses I should pick up that will help me get there ? I have my bachelor’s in a tech domain.

By: M&I - Brian

M&I - Brian — Thu, 31 Jan 2019 01:47:04 +0000

In reply to Tomas. Corporate finance or corporate development at larger tech companies; growth equity or venture capital; sales or business development roles at tech companies or startups.

By: Tomas

Tomas — Sun, 27 Jan 2019 17:18:08 +0000

Besides PM roles at fintech startups, what would be other career venues for IB/PE professionals with some knowledge of software development?

By: ben sears

ben sears — Thu, 15 Feb 2018 19:03:04 +0000

In reply to Bowen Li. maybe certain hiring managers use a product spec as a test to see how passionate you are about joining their company. re: the Airbnb situation, i think it's likely a combination of multiple factors: 1) ML/AI is very much in-demand, 2) the PM likely has significant experience, and 3) probably has multiple offers. just a guess, however.

By: Bowen Li

Bowen Li — Thu, 15 Feb 2018 04:58:47 +0000

In reply to ben sears. The range of PM salary can vary quiet drastically depending on the product that you are on and the company that you are working at. Generally speaking the average salary of a PM in SF would be around $135K. That being said, I know someone who is a PM in Airbnb's machine learning team, and his base salary is $200K+, after stock options and bonus it would be around $300K+ / year. go figure

By: Bowen Li

Bowen Li — Thu, 15 Feb 2018 04:46:20 +0000

In reply to ben sears.

Hey Ben, thanks for your comments, and totally agree on some of the things you pointed out.

For the product specs scenario, it’s really dependent on the company’s application process, less of the candidate’s experience. Some companies would ask you to create a product spec to recommend a product feature, and you would spend 10+ hours to put it together, and not even being offered a phone interview afterward. This is the particular scenario I would recommend candidates to avoid. The time commitment for it is just not worth it. You could have used that 10+ hours to reach out to other companies and end up with several PM interviews.

On the other hand, if you passed the initial screening, and you are asked to prepare a spec and to pitch the product feature during your onsite, you should certainly do it

By: M&I - Brian

M&I - Brian — Thu, 15 Feb 2018 01:29:29 +0000

In reply to ben sears. Yes, I think the full product spec might have been because he did not have formal PM experience. But I have seen other companies attempt to give similar tests, especially with technical (programmer) hires, so I don't think it's out of the question. There have been a few threads on Hacker News with programmers complaining about the amount of work required for job interviews...