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Business Faculty Salaries by Field, from Professor to New Doctorate [#permalink]
Is there an age limit/range for a prospective PhD student in Business?
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Re: Business Faculty Salaries by Field, from Professor to New Doctorate [#permalink]
Thank you for this explanation regarding business faculty with their salaries..This may be very helpful for all who are looking forward for making their career in this field
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Re: Business Faculty Salaries by Field, from Professor to New Doctorate [#permalink]
These figs. just constitute a significant portion a business-school professor or the likes earn by being on the post. Add to this multiple other income streams from activities such as teaching to industry sponsored program participants during summer break, royalties from the books written, corporate consulting assignments, fees charged by sitting on the board of companies/start-ups etc.
Add all of this and the overall figures for a more seasoned professor would easily be in the range of $1mn+.
However, do note that being on the top is not so easy. You have to be someone who is ahead of the game always and can't just copy-paste what is happening around. Add to this the pressure to constantly maneuver college/university politics to survive during your appointed period, become a dean and so on. If you compare it with the CEO of a company who is multi-tasking at the same magnitude, these earnings will fall short by a significant measure but, whatever these star professors don't make in money, they earn it up in terms of respect and adulation they get from their students and the society in general.
Guess you can never have the best of all the worlds together!
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Re: Business Faculty Salaries by Field, from Professor to New Doctorate [#permalink]
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