I'm a product owner in a product based company. I am a graduate and don't have an MBA. Recently when I was looking for a switch to a product manager role, some said that it is difficult for me to get opportunities since I don't have an MBA since companies prefer MBAs mostly for their product management roles. Is this true ? How good are my chances to progress with an MBA ?

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Edit : How good are my chances to progress without* an MBA ?

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They Prefer MBA but that's not a mandate qualification. without any MBA i joined as an APM recently. I worked as BA, Sr BA and PO in past 8 yrs.
So ultimately you need the skillset and not PG. But if you have time and money, give a try from top tier institutions rather than doing for name's sake.
All the Best!!!

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Hey, you can try for technical product manager roles if you engineering degree. These roles are rarely offered to MBAs in MNCs

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Can someone explain what’s the difference between Product owner and product manager? For me a product owner is a strategic role and is someone who already grew in levels of product management roles and been there done that.

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MBA does not guarantee good product skills, but can land you an entry interview. Any experienced product mgr will be able to tell you that. There are enough tools avl now to get a hang of what product mgmt is about - product school, coursera etc - which you should peruse. So keep acing it in your current role and look for opportunities at APM level - internal to your org or external.

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MBA not required for a product manager role. Any of the online courses provide good details. However it's easiest to get into product management inside your own organization. Other customer facing roles help to get into product management.

MBA do for the experience not for this

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