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Aakash GuptaAakash Gupta

Masterclass: Interview Homework for PMs

Most PM take-homes now get read by an AI before a human ever sees them. PM interview coach Sumant Malhotra walks through four real homework decks, two shortlisted and two that shouldn't have been, and shows exactly what separates them. You'll learn the 5 types of PM homework, the 20% most AI decks miss, and a system for acing your next take-home. Complete Deep Dive: https://www.news.aakashg.com/p/pm-take-home-assignment-playbook Transcript: https://www.aakashg.com/how-to-ace-pm-interview-homework-in-the-age-of-ai-with-sumant-malhotra/ Timestamps 1:25 - Why PMs should care about interview homework 3:35 - Which companies give PM take-homes, and which don't 8:02 - The 5 types of PM homework 9:42 - How to use AI as a thought partner, not a writer 12:25 - Good example 1 - taking an LLM triage PoC to production 18:41 - The 20% most candidates miss - evals and economics 20:17 - Good example 2 - unifying five data products 26:28 - Should you take on every homework assignment? 32:22 - Bad example 1 - the MVP that tried to do everything 36:15 - Bad example 2 - AI features with no evals 39:27 - How to split your hours on a take-home 49:12 - The biggest mistakes candidates make 55:41 - The 3-part system to succeed on PM homework 🏆 Land your next PM role, one level up, in 12 weeks. Register here: https://www.landpmjob.com/?utm_source=yt&utm_medium=yt&utm_campaign=sumant Also, you can get a year of the paid plans of my favorite AI tools with an annual membership: bundle.aakashg.com. Key Takeaways 1. AI made homework easy to fake, so companies tightened the bar - Take-homes exist because there are too many candidates and too few interviewers. Now that AI can produce a polished deck in minutes, companies write prompts that force real thinking and filter out AI slop. 2. Run the younger cousin test - If your younger cousin could produce the same slides from the same prompt, even 50% of them, go back and prepare again. Your homework has to show experience AI can't fake. 3. AI-native companies give the most take-homes - Sumant sees them from OpenAI, Anthropic, Razorpay, CrowdStrike, and Retool. Big FAANG companies rarely give them for senior roles, though early career programs sometimes do. 4. There are 5 types of PM homework - The PRD, strategy and competition, roadmap and prioritization, classic case studies, and AI prototyping. Prototyping is the newest and will be the most common for builder PM roles over the next two years. 5. Put hard rules above the model - The shortlisted triage deck never let AI run end to end. AI only suggested; rules decided whether a suggestion crossed a threshold, and a human made the final call. That shows real AI build experience. 6. Evals and economics are the missing 20% - Most AI decks stop at a top-line accuracy number. The ones that get through also cover how they'll evaluate the feature and what it costs. 7. Insights from their data beat formatting - The strongest deck pulled insights from the company's own tables, segmented products by how users use them, and named the opportunity cost. It barely mentioned AI at all. 8. More than two red flags and you're out - An everything-MVP that also proposed selling user data got through for an APM role in 2023. With AI screening first, it likely wouldn't survive today. 9. Follow the prompt - Only build a prototype if the role is a builder PM role, the prompt asks for one, or the company's product is agentic. If they ask for one page, send one page and link out to anything extra. 10. Prep the defense - Finish a day or two early. Have AI find the three biggest problems and the three likeliest questions, then rehearse with someone who has hired PMs. đŸ‘šâ€đŸ’» Where to find Sumant Malhotra LinkedIn: https://www.linkedin.com/in/sumantmalhotra-product-career-coach/ YouTube: https://www.youtube.com/@sumant_malhotra Topmate: https://topmate.io/sumant_malhotra đŸ‘šâ€đŸ’» Where to find Aakash X: https://x.com/aakashgupta LinkedIn: https://www.linkedin.com/in/aagupta/ Newsletter: https://www.news.aakashg.com 🔔 Subscribe and turn on notifications to get more videos like this: YouTube: https://www.youtube.com/@growproduct Spotify: https://open.spotify.com/show/7vVEMqCSKb7I7xPk8xZtg5 Apple: https://podcasts.apple.com/us/podcast/the-growth-podcast/id1763555775 🧠 About Product Growth The world's largest podcast focused solely on product + growth, with over 200K+ listeners. #pminterview #takehomeassignment #aipm

Sumant MalhotraguestAakash Guptahost
Aug 24, 202659mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

How PMs win interview take-homes without AI-generated fluff

  1. Interview take-homes have become a primary filter because of candidate volume and limited interviewer capacity, and AI has pushed companies to demand clearer original thinking rather than polished generic output.
  2. The discussion outlines five common PM homework types—PRD, strategy/competitive work, roadmap/prioritization, case studies, and AI prototyping—with prototyping becoming especially common for builder PM roles.
  3. Two strong real examples show that winning submissions emphasize systems thinking, user-backed insights, explicit tradeoffs, and production constraints (governance, audit trails, compliance, phased rollout).
  4. Two weak examples illustrate frequent failures: defining an “MVP” that includes everything, proposing risky monetization without acknowledging downsides, and shipping AI features with no evaluation plan or cost/metrics framing.
  5. The speakers propose a repeatable execution system: deeply understand the prompt first, structure and iterate with AI + human review, keep formatting readable, obey page constraints, and prepare to defend every decision in follow-up interviews.

IDEAS WORTH REMEMBERING

5 ideas

Homework is now a thinking test, not a slide-making test.

Because application volume is high and evaluation bandwidth is limited, homework helps companies filter early and probe real PM judgment (problem framing, assumptions, tradeoffs, communication). With AI making “pretty” submissions easy, the bar shifts toward original thinking and domain-informed decisions.

Expect more take-homes at AI-native and smaller companies; less at big tech.

AI-native and smaller teams (e.g., OpenAI/Anthropic-like companies, tech-native firms) often rely on take-homes to efficiently distinguish real AI product builders from “AI-enabled” PMs. Large/FAANG-style companies usually avoid take-homes except sometimes in early-career programs or certain senior presentation finals.

Know the five common homework formats and what each is testing.

The episode groups PM homework into PRDs, strategy/competition, roadmap/prioritization, classic case studies, and AI prototyping—highlighting prototyping as increasingly common for builder PM roles over the next couple years.

Use AI as a thought partner and red-team, not the author.

Strong submissions use AI for research, critique, and iteration, but keep human judgment front-and-center—especially for crisp assumptions, decision rationale, and non-obvious tradeoffs. Overreliance on LLM-generated prose creates “AI-isms” and generic output that fails screening.

Elite AI PM work shows production realism: controls, governance, and rollout plans.

In the “LLM incident triage PoC → production” example, the standout qualities were systems thinking: governance, audit trails, rules above the model, human-in-the-loop escalation, phased rollout, and explicit compliance mapping. The candidate also transparently separated PoC constraints from production requirements.

WORDS WORTH SAVING

5 quotes

The push is towards making the candidate think rather than just providing AI slop.

— Sumant Malhotra

You need to demonstrate your unique experience and expertise, not how well you can prompt AI.

— Aakash Gupta

Most candidates land just 80% of the way. That 20% is, uh, the evals and the economics behind it, and that's not something any LLM can help you do. This is something that either you have or you don't.

— Sumant Malhotra

Quality of insight matters more than formatting.

— Aakash Gupta

Following the constraint is also part of the test.

— Sumant Malhotra

Why take-homes are risingCompanies that use take-homes vs FAANGFive homework types (PRD, strategy, roadmap, case, prototyping)AI as thought partner vs writerSystems thinking: governance, audit trails, human-in-loopEvals and AI economicsUser research and domain advantage in take-homes

High quality AI-generated summary created from speaker-labeled transcript.

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