How Much Do Business Professors Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States and Industries

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.

Salary
$107270
Becoming One
Very Hard
Education
Doctoral degree
Job Satisfaction
Job Growth

Personality



Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$107270 per year

Starting salary

Entry-level annual salary
$39,720 to $58,350 per year

Entry-level Postsecondary Business Teachers with little to no experience can expect to make anywhere between $39,720 to $58,350 per year. Similar to any other job, their salary will increase as they gain experience.

Salary rank

Salary rank
A

We wanted to make it easy for our readers to compare the salary of Postsecondary Business Teachers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $* $202,080
Senior (Top 25%) $* $137,730
Middle (Mid 50%) $* $88,010
Junior (Bottom 25%) $* $58,350
No experience (Bottom 10%) $* $39,720

Highest paying states

State Hourly Annual
MA $* $132,990
RI $* $131,590
CA $* $126,670
MD $* $125,950
DC $* $125,460
NY $* $120,740
NJ $* $119,950
AK $* $115,570
IL $* $114,940
IA $* $114,380

* Postsecondary Business Teachers are generally paid on an annual basis not hourly.

Another simple way to increase your salary as a Postsecondary Business Teacher is to move to a higher paying state. However moving to a higher paying state like MA doesn’t guarantee that you will make more because the expenses at MA might be much higher than where you are currently living at right now.

According to BLS, the highest paid Business Professors are in the states of MA, RI, CA, MD and DC.

Highest paying industries

Salary by industry Annual Hourly
Colleges, Universities, and Professional Schools $113110 $*
Business Schools and Computer and Management Training $95890 $*
Junior Colleges $87650 $*
Educational Support Services $81540 $*
Technical and Trade Schools $60250 $*
Other Schools and Instruction $50670 $*

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