{ "media_type": "text", "post_content": "How much do product managers earn at FAANG and what are the skills they’re looking for ?Any first hand experiences of how a normal day looks like?Any help appreciated as I’m looking to exit consulting", "post_id": "5c815182007205001b934430", "reply_count": 11, "vote_count": 4, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

How much do product managers earn at FAANG and what are the skills they’re looking for ?Any first hand experiences of how a normal day looks like?Any help appreciated as I’m looking to exit consulting

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Depends on the level you come in. Base tends to be $160k-$200k and with equity around $400k-$1M over 4 years. They’re looking for people with product development and product management experience plus a computer science background. For N, G and FB, the comp sci background is almost mandatory. For Amazon, it’s more open to non-tech backgrounds but their PM positions are sometimes product managers in name only but project manager in role. The problem with breaking into FANG PM isn’t your qualifications— it’s everyone else’s qualifications because they’ll likely be stronger. You have to beat out the other FANG PMs moving between companies, software engineers internally transferring to PM role, and fresh graduates from APM programs. There’s a lot of movement between FANG like there is in the Big 4 and Big 3 for the few available positions.

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I asked the same question a few months ago and the answer I got was if you don’t have a tech/coding background, go read up on these XYZ books and go to Product School

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Ah. I do have a tech and coding background and hence my interest.

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thanks a lot Airbnb..really helpful Any thoughts on what a day in the life looks like ? Will you be responsible for P&L or just transferring requirements from business to tech and managing the execution ?

Day in the life is meetings meetings meetings and work sessions with engineers. Responsible for the strategy of the product and delivering against very specific metrics (for growth, it would be % increase of new users. For safety, it may be reduced fraud $) by managing the product, product features, and and all things that touch it.

PMs are the folks that will be the future executives of the company. It requires less technical skills and pays less than SWE for same level. Generally pay is in the order: DS>SWE>PM>DS>Everyone else at FANG. (DS in two places because there are two different types of data science folks). As a consultant, you will have a hard time breaking into a PM role even if you are technical, as consultants don't have product experience - especially for designing successful tech products. PMs are generally homegrown or transfer from another fang. The other source of supply is startups.

Thank you both of you. The role sounds exciting and something I’ll go for. As a follow up - How is it that I see so many consultants getting these PM roles then ? A lot of them from this bowl itself for example. Or am I confusing it with some other type of PM roles ?

PM can mean Product Manager, Program Manager, or Project Manager

Gotcha. Do companies ask for MBA ?

It can be an edge, if you already met most other criteria

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