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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?utm_source=yt-20261028 Transcript: https://www.aakashg.com/how-to-ace-pm-interview-homework-in-the-age-of-ai-with-sumant-malhotra/ Timestamps 0:00 - Intro 1:32 - Why PMs should care about interview homework 3:42 - Which companies give PM take-homes, and which don't 8:09 - The 5 types of PM homework 9:49 - How to use AI as a thought partner, not a writer 12:32 - Good example 1 - taking an LLM triage PoC to production 18:48 - The 20% most candidates miss - evals and economics 20:24 - Good example 2 - unifying five data products 26:35 - Should you take on every homework assignment? 32:29 - Bad example 1 - the MVP that tried to do everything 36:22 - Bad example 2 - AI features with no evals 39:34 - How to split your hours on a take-home 49:19 - The biggest mistakes candidates make 55:48 - The 3-part system to succeed on PM homework 58:04 - How to land your next PM job: the 12-week cohort 🏆 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. 👨‍💻 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 👨‍💻 Where to find Aakash X: https://x.com/aakashgupta LinkedIn: https://www.linkedin.com/in/aagupta/ Newsletter: https://www.news.aakashg.com/?utm_source=yt-20261028 🔔 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
Oct 28, 20261h 0mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

How PMs can crush take-home assignments without AI slop

  1. The episode explains why interview homework is increasingly used to filter large candidate pools and assess skills like problem-solving, technical thinking, and presentation before investing interview time.
  2. It distinguishes which companies tend to give take-homes (often smaller or AI-native firms) versus which often do not (typically larger established companies), with some exceptions for early-career programs.
  3. It breaks PM homework into five major types and emphasizes using AI as a thought partner with iterative checks, not as an end-to-end writing engine that produces detectable “AI-isms.”
  4. Through real good/bad submission examples, it argues that systems thinking, constraints, trade-offs, and evidence-backed insights matter more than formatting, and that eval plans plus economics often separate “good” from “elite.”
  5. It outlines common candidate mistakes (ignoring the prompt, weak MVP scope, missing numbers where they matter, skipping risk/defense prep) and ends with a three-part system: understand the problem fast, evaluate/review repeatedly, and prioritize content and the “two E’s” (evals/economics).

IDEAS WORTH REMEMBERING

5 ideas

Homework now tests thinking and judgment more than “nice slides.”

Both speakers argue that with AI making it easy to generate polished-looking deliverables, companies are increasingly screening for independent thinking, judgment, and real product maturity—not generic AI-generated content.

There are five recurring categories of PM take-home assignments.

Sumant Malhotra describes five common buckets: PRD, strategy/competitive benchmarking, roadmap/prioritization, case studies focused on product sense, and AI prototyping—especially common for builder PM roles.

The best AI homework shows controlled AI usage (rules, thresholds, and humans), not end-to-end automation.

In the strong LLM incident-triage example, the submission explicitly scoped what changes from PoC to production and emphasized rules above the model plus human-in-the-loop decision-making, rather than “let the AI do everything.”

Evals and economics are the differentiators most candidates omit.

Sumant Malhotra repeatedly highlights that many candidates get “80% of the way” but miss “the 20%”: evaluation methodology and feature economics/cost considerations, which often decide whether a strong idea gets shortlisted.

Depth comes from user understanding, evidence-backed insights, and explicit trade-offs.

In the data-products unification example, the candidate classified products by how different user groups use them, backed claims with data provided, stated trade-offs and opportunity cost, and used both primary insights (industry contacts) and secondary research.

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.

— Sumant Malhotra

That's basically extra cost to the company, not extra credit.

— Sumant Malhotra

Following the constraint is also part of the test.

— Sumant Malhotra

Why companies use take-homes in modern PM hiringWhich companies tend to assign PM homeworkFive types of PM homework assignmentsAI as thought partner vs AI as writerPoC-to-production thinking: governance, audit trails, phased rolloutEvals and feature economics as differentiatorsCommon mistakes: MVP scope, ignoring prompt, missing defense prep

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

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