Master of Professional Studies in Product Management

Build the knowledge, competencies, and relationships to lead the product life cycle from discovery to delivery.

Apply Now for Fall 2022

November

29

Round 1

Deadline: November 29
Decision: December

March

29

Round 2

Deadline: March 29
Decision: April

July

29

Round 3

Deadline: July 29
Decision: August

Apply Online Here!

Why a Master of Professional Studies in Product Management?

Understand the keys to successfully navigating the roles and responsibilities of being a product manager to champion change with internal and external collaborators and influencers.

Learn how to truly know your target customer, your customer’s underserved needs, your value proposition, your product feature set, and your user experience, then integrate this knowledge into product and market requirements and positioning plans.

Translate product ideas into tangible assets by creating wireframes, 3D renderings, prototypes, and minimum viable products (MVPs) to test assumptions and validate customer interests.

Develop techniques for designing and modeling for fast feedback and idea sharing, system optimization with open architectures, validating functions and verifying performance, and leveraging and enabling the system designs, platforms, and ecosystems.

Embrace modern product leadership to form and motivate product teams, and grow organizations that can both discover and deliver products at scale.

The Job Outlook for Product Managers

#3

Best Jobs in America for 2021

Source: Glassdoor

29%

Annual Growth in Job Openings

Source: linkedin

128,000

Jobs Posted for Product Managers

Source: linkedin

$110,570

Average Salary in the U.S.

Source: Glassdoor

A World-Class Education, Delivered Online

The MPS in Product Management combines online experiences with award-winning faculty, self-paced coursework and connections with the University of Maryland community to link innovators from around the world. Offered through the convenience and flexibility of our 100% online learning environment, our program has been specially crafted to offer high-quality, interactive collaboration with worldwide.

Award-Winning Faculty and Corporate Experience

The faculty selected to serve in the master’s are accomplished leaders in education with national teaching awards to their credit. Furthermore, they are innovators themselves who have lived what they teach and appreciate the balance of academic theory and industry practice.

A Dynamic Online Platform for Learning and Collaboration

Our learning management system leverages best-in-class software with a focus on design and usability. Our course architecture leverages high-definition lecture videos, real-time video conference opportunities with faculty and students, and a comprehensive knowledge management system to connect and empower students.

Support and Resources During and Beyond Your Enrollment

We believe the learning experience is simply the foundation of your new venture activities. Beyond the support and resources provided while a student, we aim to manage a lasting network of alumni relationships that live far beyond the graduation date.

An Innovative Curriculum

Term 1 of 5: Customer Discovery

Purpose

Discover if the problem is worth solving by identifying the customer and marketplace through opportunity analysis and innovation management strategies.

Courses

"Innovative Ideas and Concept Development" and "Strategies for Managing Innovation"

Description

Customer discovery is the process of using ideation methods and minimum viable prototypes to discover and test product-customer fit.  This is the first step in any new product development lifecycle, be it a new product line, an extension into a market segment, or a whole new line of business.  We cover the techniques you need to answer these key questions:

  • Is the problem worth solving?
  • Is the customer worth having?
  • Do we want to be in this market?

Term 2 of 5: Product Discovery

Purpose

Design a customer-validated business model for a product that delivers value and works for the business with innovative thinking.

Courses

"Innovative Thinking" and "Business Modeling and Customer Validation"

Description

Product discovery is all about early risk tackling and validating the product. This means using innovative thinking and customer discovery techniques to confirm your product-market fit. These techniques and skills will enable you to answer the most important questions about your product:

  • Is the value proposition compelling?
  • Does the business model make sense?
  • Can we build this in a scalable way?

Term 3 of 5: Product Design

Purpose

Enable business agility using DevOps engineering and data science to scale product discovery and delivery, while empowering product teams.

Courses

"Data Analysis and Decision Making" and "Managing Product Development and Production"

Description

With a customer- validated idea, the product manager must lead through vision, evangelism, strategy, roadmaps, and clear goal-setting via OKRs. Lean analytics, trade-spaces for design optimization, and team performance relies on great data science.

To do this requires DevOps principles for engineering, and empowering teams through modern product leadership. Product managers must enable productivity and delivery by actively influencing the delivery pipeline to address scalability, reliability, performance, and maintainability.

Term 4 of 5: Gaining Traction and Influence

Purpose

Gain traction through actively managing the customer journey, while influencing stakeholders and negotiating business partnerships that drive growth.

Courses

"Marketing and Selling Innovations" and "Negotiation and Problem-Solving"

Description

With modern product frameworks in place, marketing takes on completely new dimensions. The rise of growth hacking means finding your optimal growth channel and driving customers into it. Therefore, the product is no longer just “the features,” but the entire customer journey.

Meanwhile, negotiating a great business relationship can often leap a product or company an order of magnitude higher in customer access and acquisition, while reducing costs.

Term 5 of 5: Managing Products at Scale

Purpose

Lead product portfolios and innovation at scale with tailored product frameworks, lean budgeting, empowered teams, and aligned objectives and key results.

Courses

"Financing Innovation and Growth" and "Building and Leading Innovative Organizations"

Description

As products scale and diversify across market segments, and vertically orchestrate as product suites, how do you keep innovating? Delivery and growth create momentum that push down on costs and people to do more with less. This is the greatest challenge for product leaders and heads of innovation.

Learn how to establish product frameworks for flow, empower teams, leverage lean budgeting strategically for product value streams, manage long-term product teams and continuous employee engagement, and ensure that every aspect of the product work ties to business value, key financials, and the objectives and key results (OKRs).

An Innovative Curriculum

The MPS in Product Management’s 30-credit, 10-course curriculum can be completed in 15-months, with students enrolling in two 3-credit courses per 12-week term.

Innovative Ideas and Concept Development

Strategies for Managing Innovation

Business Modeling and Customer Validation

Innovative Thinking

Data Analysis and Decision Making

Managing Product Development and Production

Marketing and Selling Innovations

Negotiating and Problem Solving

Financing Innovation and Growth

Building and Leading Innovative Organizations

Ready to Launch?

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Discover what it takes to become a member of the MPS in Product Management community.

Review Requirements

Check Admission Deadlines

Applications are now open to join in the spring or fall term.

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