Frequently asked questions

Who is the ideal candidate for the RPM program?


RPMs are hired from a variety of backgrounds: we look for people with full-time experiences in various industries or they can be recent graduates. We actively seek applicants with no tech experience. RPM is suited for individuals completely new to the product manager (PM) function. Individuals with more than 1 year of PM experience, inclusive of PM internships, should apply for Product Manager roles listed at Facebook Careers. We assemble teams with cognitive diversity in mind. This enables us to build better products, make better decisions, and serve our clients better. We need people with a broad set of skills and experiences, not just tech skills, to solve complex problems that come with bringing our services to over 3 billion people across the world. We are interested in the perspectives, experiences, and skills you bring to the role so be sure to highlight these elements on your resume. Additionally, successful RPM candidates exhibit

  • Analytical and problem-solving skills: they can define metrics and analyze those metrics to make informed decisions
  • Organizational and leadership skills: they can share experiences where they've helped others play to their strengths, working with a number of colleagues to prioritize tasks and get things done in a fast-paced environment




How long is the RPM program?


The RPM program lasts 18 months and is comprised of 3 different Product Management rotations. RPM is full-time employment and leads to continued full-time employment as a PM upon graduation.




How is Product Management at Facebook different from other companies?


Facebook optimizes for impact and our products affect billions of people. We have a responsibility to build high-caliber, daring, empathetic, and collaborative products. The RPM program provides experience, variety, and ownership to impact those products, along with an incredibly supportive community which lasts long after the program ends.
RPMs and alums regularly connect outside of work. The RPM community also organizes guest speakers to give talks at Facebook and they travel abroad together to research new technology trends around the world.




What does a ‘day in the life’ of a Facebook RPM look like?


There really is no 'typical' day—your days will vary depending on what part of a product's lifecycle you're in. Some of the core responsibilities of RPMs include enabling your team to execute well, ensuring a great product experience, and communicating your team’s impact across the company.




What kind of mentorship is available to RPMs?


Mentorship is at the core of the RPM program. Each RPM has a PM manager who stays with them throughout their program experience. Your manager is responsible for making sure you're developing and growing in your career. In addition, each rotation is staffed with a PM mentor to guide you through the more tactical pieces of the day-to-day job. The program also provides other resources, such as learning and development classes, internal and external speakers, and learnings from peers to help you grow into a well-rounded, versatile, and innovative product thinker.




What happens after the program?


After the program, RPMs utilize their experience, knowledge, and extensive network to identify and join a product team as a full-time PM. Facebook makes an investment in each of its RPMs to help them continue making tremendous impact at the company.




How do I apply to the RPM program?


We hire RPMs once a year for two start dates in the following calendar year. There are five Facebook offices which support RPMs: Menlo Park, Seattle, New York City, London, and Tel Aviv. We also offer a remote option in the United States. Applications generally open in late July or early August on Facebook Careers. We encourage you to sign up for alerts there so you are notified when applications go live. Your application to the program will require a resume and responses to short answer questions. These questions should take no longer than 1 hour to complete. Applicants must answer these questions before they may submit their application to the program so applicants should be mindful of the application deadline and plan accordingly. Late applications will not be accepted. Application timeline for 2022 start dates:

  • July 26, 2021: Applications available (all sites)
  • July 30, 2021 at 5 PM PT: Application deadline for Menlo Park, Seattle, New York City, and US - Remote
  • August 8, 2021 at 5 PM BT: Application deadline for London and Tel Aviv




Is RPM a remote-eligible position?


RPM is a remote-eligible position in the United States. RPMs hired as remote employees must reside in the United States or be able to relocate to the United States by their start date.




How can I prepare for the interview process?


The RPM interview process differs from traditional behavioral-type interviews when you typically talk about your past experiences. Instead, we focus on case studies where you can showcase your ability to think through problems as you would on the job. Specifically, we will be looking for how you structure your approach to a problem (e.g. using a framework to think methodically), your ability to consider tradeoffs, how you empathize with users and think about different user segments, and how creative or innovative you might be in your response.

Most applicants have skills in these areas but they might not have formally exercised them in an interview environment. It may be helpful to read two books to understand these interview objectives and how they relate to the PM job: Cracking the PM Interview and Decode and Conquer. Applicants may also choose to search for retired PM interview questions to practice. All applicants who move forward in the recruiting process will be given additional materials to consider but we advise preparation before the application process as interviews can happen quickly.




Is there anything else I should know about applying?


RPM attracts many talented applicants so recruiters need time to evaulate your resume and short answer responses. Outreach to applicants is ongoing through the end of the year in which you apply. Job applications to Facebook are limited to 3 total every 6 months. Be sure to apply for roles that strongly match to your specific skills and work experience. If you expect to apply to RPM, reserve 1 of your 3 applications for the application window. Questions regarding visas, sponsorship, or other immigration concerns cannot be answered through this website or on our FB page.






Blockkoin Fee Schedule


Blockkoin offers competitive, market-related trading fees on all cryptocurrencies listed on the exchange. Here is the Blockkoin Fee Schedule: 

Blockkoin Deposit and Withdrawal Fees 

 

                            Deposit Fee    Withdrawal Fee 

 

USD                    0%                     1% 

GBP                    0%                     1% 

EUR                    0%                     1% 

ZAR                    0%                     1% 

BTC                    0%                     1% 

ETH                    0%                     1% 

XRP                    0%                     1% 

BK                      0%                     1% 

 

 

 

Blockkoin Trading Fees 

 

                           Buyer Taker       Seller Taker       Buyer Maker       Seller Taker

 

BTC/USD           2%                       1%                       1%                         1% 

BTC/ZAR            2%                       1%                      1%                          1% 

BTC/EUR            2%                       1%                      1%                          1% 

BTC/GBP            2%                       1%                      1%                          1% 

ETH/BTC            2%                       1%                      1%                          1% 

ETH/USD            2%                      1%                       1%                          1% 

XRP/BTC            2%                       1%                      1%                          1% 

XRP/USD            2%                      1%                       1%                          1% 

XRP/ETH            2%                       1%                       1%                          1% 

BK/ETH              0%                      0%                      0%                         0% 

BK/BTC              0%                      0%                      0%                         0% 

BK/XRP              0%                      0%                      0%                         0% 

BK/USD             0%                      0%                      0%                          0% 

 

What is the difference between “Maker” and “Taker”? 

A Maker (limit order) is a trader who attempts to buy lower than the current market price or sell higher than the current market price.  These orders may not be executed immediately. The trader may have to wait until a buyer or sell accept their sale/buy price.  

A Taker (market order) is when traders buy/sell coins at the current market price. These types of trades are usually executed immediately.  

Why do the “Maker” and “Taker” fees differ? 

Traditionally, Makers add liquidity to an exchange whilst Takers take away volume from the exchange’s order book.  

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