The average salary for business school faculty members varies depending on factors such as their rank, the type of institution they work for, and their specific field of expertise. According to data from the American Association of University Professors (AAUP), the average salary for full-time faculty at business schools in the United States was $122,853 in the 2020-2021 academic year. However, this average includes faculty at both public and private institutions, and includes all ranks, from assistant professors to full professors.
Salaries may also vary depending on the specific field of expertise of the faculty member. For example, faculty members who hold advanced degrees in finance or marketing may earn higher salaries than those who specialize in other areas. Additionally, faculty members at more prestigious institutions or those with more experience may earn higher salaries than those at less prestigious institutions or those with less experience.
It is important to note that the average salary for business school faculty is just one factor to consider when evaluating a business school or considering a career as a business school faculty member. Other factors, such as the quality of the program, research opportunities, and overall job satisfaction, may also be important considerations.
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