There was a time when companies preferred a larger workforce. This working environment, though more people-oriented, wasn’t as productive as we hoped. This was because the people hired for the job were not trained or skilled to perform it to perfection.
Today, the market demands niche and specialisation. Companies cannot afford to produce substandard services and still hope for success. The increasing competition and the intensely tight market conditions have made the game even tougher to ace.
And in such a scenario, companies are willing to hire only those who have the required skill set and the certification. Scrum is a rising product management platform preferred by most Indian companies. A CSPO training is definitely in high demand here.
Candidates who have completed their CSPO course or are looking for advice on whether to take up this training are at the right place. This blog will talk about one of the most common questions that Indians have about the CSPO course- what does it pay?
So, without further ado, let us delve deeper into this certification and understand its technical aspects.
What is CSPO all about?
CSPO stands for the certified scrum product owner, this is a position that you can apply for once you complete this certification. In India, there is a lot of demand for this certification as most companies prefer CSPO candidates.
It is a two-day course where you learn about the basic scrum practices and all about the product development and management systems.
Who can apply for CSPO?
Almost anyone can apply for the CSPO course. You don’t need any academic and technical perquisites to be eligible for this course. In fact, CSPO is a great beginning point for amateurs who have little to no experience in the field
The CSPO course can also be a profitable move for mid-level project managers and developers who want to upgrade their skill and value. This course automatically sets you higher in the hierarchy.
What do I learn about in CSPO training?
In the CSPO training sessions, you learn about the technical and practical aspects of product development. Here, you also learn about the scrum platform and its basic practices. Note that there is no specific eligibility criterion for getting into the CSPO course.
Anyone with an interest in marketing can opt for the course and grasp the scrum concepts over time.
What are the roles and responsibilities of a product owner?
The product owner basically connects the internal and external operations of the product development process. They develop the plan, create the product requirements, and ensure that everything is properly executed. Also, the PO must network with investors and clients to pitch their product ideas.
What is the pay package for CSPO in India?
The pay package for the CSPO candidate in India is approximately INR 996000-2500000. This is the average salary than any mid-level or top-level organization would offer. Also, your chances of getting through the big shots of the market are also a lot higher
And over time, you can apply to global companies and earn even more. Although when compared to the international CSPO salary scales, India does pay its product owners the highest.
Can I work as a CSPO trainer?
Of course, there are a lot of candidates who don’t want to work in a company and would rather start their individual ventures. Or in some cases, the applicant has ample work experience and now wants to share their knowledge with the younger crowd.
Whatever be your reason, the Scrum membership, and CSPO license guarantees that you can become a registered Scrum trainer. Ensure that your license is regularly renewed to keep your training sessions in the future.
What are the other courses I can take up to improve?
Scrum-Alliance platform offers several courses to candidates who want to learn about product management. CSPO is the easiest of their courses and takes only 2 days. However, if you have the time and the inclination then you can take up other courses that are slightly advanced.
The PSPO course, for instance, is for candidates who have ample experience working as a product owner. You can also aspire to become a scrum master
What contributes to the salary slab of CSPO?
The experience level and CSPO certification score are what decides your salary slab in the organisation. The more advance your certificate, the better your pay would be in the product owner position
In fact, with just 1-4 years of experience, you can earn as much as 96% of the entry-level salary! Also, to improve your earning prospects, I would suggest you renew your license and keep updated with the latest tricks of the trade.
Is there a demand for CSPO in India?
Of course, scrum is a very renowned platform in India and most companies prefer to work on it. The scrum solutions help brands manage their product development cycle in a more holistic way. The CSPO practitioner supervises these operations and ensures that everything is implemented well.
There is no dearth of demand for good CSPO professionals in the market. Ensure that you get your license from the authentic Scrum-Alliance center or else it might not be considered a valid credential by the company.
What is the future of CSPO in India?
The future of CSPO is quite bright in India considering its increasing demand and popularity. Every company wants a CSPO or scrum master on board. And proper product management can work wonders for the brand value.
There are different advanced level courses and certifications introduced by Scrum that you can explore after CSPO. There is no limit to learning, you can try your hand at being a scrum master or even a business analyst!
The bottom line
Getting a CSPO training is probably the best career decision for more people at this point. This is because this course is selling like hot cakes in the market! Plus, the course is easy, hardly takes any time, and is a good return on your investment.