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Magic Edtech Product Manager salaries in India

Annual salary range
9 - 14 years exp.
₹24 Lakhs - ₹44 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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54% more than the average Product Manager Salary in IT Services & Consulting Companies for 9 - 14 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
9 - 12 years exp. (AmbitionBox Estimate)
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₹24 L/yr - ₹44 L/yr

Engineering - Software & QA
Product Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹29.3 L/yr - ₹35.8 L/yr

Last Updated: 19 Nov 2024

Companies similar to Magic Edtech for Product Manager

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₹8.7 L/yr - ₹28 L/yr

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₹11.5 L/yr - ₹30 L/yr

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10 - 11 years exp. (5 salaries)

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₹37.3 L/yr - ₹45 L/yr

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₹28 L/yr - ₹38 L/yr

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₹18 L/yr - ₹56 L/yr

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10 - 11 years exp. (5 salaries)

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₹25.3 L/yr - ₹50 L/yr

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5 - 8 years exp. (4 salaries)

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₹12.5 L/yr - ₹25 L/yr

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SAS Product Manager Salary

8 - 13 years exp. (4 salaries)

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₹24 L/yr - ₹42 L/yr

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Product Manager salary at Magic Edtech ranges between ₹24 Lakhs to ₹44 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Magic Edtech.

Latest annual salaries shared by Magic Edtech Product Manager

1mo ago
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12 years exp.
6mo ago
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14 years exp.
1y ago
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9 years exp.

Experience wise Magic Edtech Product Manager salaries

Last Updated: 19 Nov 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹24 L/yr - ₹50.2 L/yr
10 years (AmbitionBox Estimate)

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₹27 L/yr - ₹34.5 L/yr
11 years (AmbitionBox Estimate)

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₹32 L/yr - ₹57.7 L/yr
12 years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹44 L/yr
13 years (AmbitionBox Estimate)

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₹32.6 L/yr - ₹41.7 L/yr
View all

Similar Designation salaries in Magic Edtech

Project Manager Salary
(32 salaries)
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₹10 L/yr - ₹29 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Product Owner Salary
(6 salaries)
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₹13 L/yr - ₹19 L/yr
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₹25 L/yr - ₹35 L/yr
Product Lead Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹29 L/yr - ₹32 L/yr
Scrum Master Salary
(6 salaries)
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₹20.15 L/yr - ₹28 L/yr
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₹14 L/yr - ₹27.5 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Technical Product Manager Salary
(AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr

Salary related reviews for Magic Edtech

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 01 Sep 2024

1.0
 for  Salary and Benefits

Likes

1. Flexible working hours 2. Hybrid working 3. Salary on time

  • Work-life balance - Excellent

Dislikes

1. Extremely low salary. Salary below market standard 2. Poor appraisal and hr policies 3. Appraisals never happen on time 4. Low appraisals. If you are being promoted to next level then max appraisal will be 50k a year. Avg appraisals are like 3-4 percent. 5. No learning at all.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 10 Oct 2023

4.0
 for  Salary and Benefits

Likes

There is nothing much to write for this company. While salary is good & above industry standard, this is the only good point.

read more
  • Salary - Good

Dislikes

Lot of politics. Many things are happening behind back that impacts moral & job security. These back stabbers fill ears of management. Unfortunately I felt that management supported such back stabbers and listened to them without verifying facts. I would strongly recommend if you have other options take those option than to sabotage your career here.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Project & Program Management Department

1.0
  •  posted on 07 Jul 2023

5.0
 for  Salary and Benefits

Likes

I believe they were hiring keeping some future project in mind , hence they were open to any salary . They did offer me a nice salary .

read more
  • Salary - Excellent

Dislikes

1. They have a tracking tool in place , which tracks all your activities . And they need 8 hours of productivity . And they have a list of productive tools / websites which are only considered productive . For example , they dont consider UDEMY as productive , so if u plan on learning new things for the project via udemy , thats not productivity . Like wise for many useful sites , blogs etc . So completing 8 hours is a pain . 2. The upper management will talk nicely , and say we are always there , but when the time comes , u r not the priority , the client is . 3. Please do not get into pearson projects , they are all shit . They will make you do the BAKWASS work , and the pearson team will do all the smart work . 4. At the end i would say , just take the offer and make a counter somewhere else , dont join Magic . 5. Just another bol baccan company 6. Also they dont have a probabtion period , so u r on a 3 month notice period from day 1 . Thats a trap , please dont join Magic

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

UX, Design & Architecture Department

1.0
  •  posted on 24 Sep 2023

1.0
 for  Salary and Benefits

Likes

Some leads are good

Dislikes

...job security HR department just don’t bother for employees No good projects They try to replace you with some fresher who has a low package to maintain profitability Definitely terrible company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Content Department

4.0
  •  posted on 09 Jan 2023

3.0
 for  Salary and Benefits

Likes

Work life balance, job security, company culture.

  • Job security - Good
  • +3 more

Dislikes

In hand salary is very low, and very bad appraisals. Also if we take it up to HR or the respective manager, they just say that this is not in their control.

read more
see more salary related reviews

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Magic Edtech Product Manager Salary FAQs

What is the salary of Product Manager at Magic Edtech ?
The average salary of a Product Manager at Magic Edtech in India typically ranges from ₹24.0 Lakhs to ₹44.0 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Product Manager at Magic Edtech earn more than ₹44.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Product Manager Salaries at Magic Edtech can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magic Edtech employees in India.
What is the estimated take home salary of a Product Manager at Magic Edtech in India?
The estimated take-home salary of a Product Manager at Magic Edtech in India typically ranges from ₹2,01,730 to ₹2,09,714 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹44.0 Lakhs per year for employees with experience ranging from 9 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magic Edtech. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magic Edtech for Product Manager in India?
EagleView ₹25.3 Lakhs to ₹50.0 Lakhs per year
Equifax ₹37.3 Lakhs to ₹45.0 Lakhs per year
IG Infotech India ₹18.0 Lakhs to ₹56.0 Lakhs per year
Quotient Technology ₹28.0 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magic Edtech, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to Magic Edtech in India?
The salary of a Product Manager at companies similar to Magic Edtech in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SAS ₹24.0 Lakhs to ₹42.0 Lakhs per year
Persistent Systems ₹18.0 Lakhs to ₹44.0 Lakhs per year
Saama Technologies ₹25.0 Lakhs to ₹30.0 Lakhs per year
LTIMindtree ₹9.9 Lakhs to ₹40.0 Lakhs per year
Tech Mahindra ₹11.0 Lakhs to ₹38.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Product Manager at Magic Edtech in India?
The salary growth for a Product Manager at Magic Edtech depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Magic Edtech:

Experience Average Salary Range
9 years ₹24.0 Lakhs to ₹50.2 Lakhs per year
10 years ₹27.0 Lakhs to ₹34.5 Lakhs per year
11 years ₹32.0 Lakhs to ₹57.7 Lakhs per year
12 years ₹13.7 Lakhs to ₹44.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magic Edtech Product Manager salary in India ranges between ₹24 Lakhs to ₹44 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magic Edtech latest salaries received from various employees of Magic Edtech.