Business Professors
Business Professors teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Table of Contents
Job description
Postsecondary Business Teachers teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
- Prepare and deliver lectures to undergraduate or graduate students on topics such as financial accounting, principles of marketing, and operations management.
- Evaluate and grade students’ class work, assignments, and papers.
- Initiate, facilitate, and moderate classroom discussions.
- Prepare course materials, such as syllabi, homework assignments, and handouts.
Salary
Business Professors with little to no experience tend to make between $37890 and $55220 while the more experienced ones can earn over $130800 per year.
Top 5 paying states | Hourly | Annual |
---|---|---|
CA | $- | $137,530 |
RI | $- | $127,400 |
MA | $- | $126,040 |
NH | $- | $122,020 |
MD | $- | $121,280 |
One of the easiest ways to increase your salary as a Postsecondary Business Teacher is to move to a higher paying state like CA. Right now, the highest paying states for Business Professors are CA, RI, MA, NH and MD.
However, a higher pay at CA doesn’t guarantee that you will make more because the living expenses at CA might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Postsecondary Business Teacher is the degree you hold, the industry you work in, and lastly the company you work for.
Requirements
We asked other Business Professors what degree they had when they got the job and most of them said they had a PhD followed by a Master’s Degree.
Other than that, we also asked them what did they major in and here are the most popular majors that came up.
Business Teacher Education |
Sales and Marketing Operations/Marketing and Distribution Teacher Education |
Business/Commerce, General |
Business Administration and Management, General |
Purchasing, Procurement/Acquisitions and Contracts Management |
Pros and Cons
Here are some of the pros and cons of being a Postsecondary Business Teacher.
PROS |
---|
Suitable for people who likes to help and teach others |
Suitable for people who values achievements and are results-oriented |
This career is perfect for people who love to work indoors. |
Very high salary (top 25% highest paid careers) |
CONS |
---|
Not suitable for people who likes practical and hands-on work |
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career. |
Long working hours (More than 40 hours per week) |
What is the job like
83% of Business Professors said they were satisfied with their job and 83% said they feel like their job is making other people’s lives better.
Is this right for me
You can read more about these career personality types here.
People who are suitable for this job tends to like working with, communicating with, and teaching people. They like helping or providing service to others..
They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
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