Salary Expectations for Jobs in Business Schools

Each year, AACSB International collects salary data from business schools. This year, worldwide, 463 AACSB-accredited institutions participated from Asia, Europe, Oceania, and the Americas. Here's how the salaries stacked up for the most common disciplines:

Accounting

New Hires at Public Institutions (Average in USD):

Instructors: 67,100 
New Doctorates: 136,300  
ABD: 106,900

New Hires at Private Institutions (Average in USD):

Instructors: 78,500
New Doctorates: 138,600
ABD: 115,200

Behavioral Science/Org Behavior

New Hires at Public Institutions (Average in USD):

Instructors: 65,800
New Doctorates: 127,300
ABD: None reported

New Hires at Private Institutions (Average in USD): 

Instructors: None reported
New Doctorates: 137,800
ABD: None reported

Computer Information Systems/Management Information Systems

 New Hires at Public Institutions (Average in USD):

Instructors: 64,300
New Doctorates: 110,700
ABD: None reported

New Hires at Private Institutions (Average in USD): 

Instructors: 63,700
New Doctorates: 119,900
ABD: None reported

Economics

New Hires at Public Institutions (Average in USD):

Instructors: 55,700
New Doctorates: 87,300
ABD: 56,500

New Hires at Private Institutions (Average in USD): 

Instructors: 54,900
New Doctorates: 97,100
ABD: None reported

Entrepreneurship/Small Business Administration

New Hires at Public Institutions (Average in USD):

Instructors: 68,100
New Doctorates: 119,200
ABD: None reported

New Hires at Private Institutions (Average in USD): 

None reported.

Finance

New Hires at Public Institutions (Average in USD):

Instructors: 76,500
New Doctorates: 131,800
ABD: 101,300

New Hires at Private Institutions (Average in USD): 

Instructors: 91,700
New Doctorates: 159,000
ABD: None reported

Management

New Hires at Public Institutions (Average in USD):

Instructors: 61,100
New Doctorates: 127,000
ABD: 84,400

New Hires at Private Institutions (Average in USD): 

Instructors: 78,000
New Doctorates: 118,100
ABD: None reported

Marketing

New Hires at Public Institutions (Average in USD):

Instructors: 63,300
New Doctorates: 120,900
ABD: None reported

New Hires at Private Institutions (Average in USD): 

Instructors: 77,600
New Doctorates: 116,100
ABD: None reported

Comments

[Foreign Language Learner]

This is great information about salary expectations. Thank you for sharing

-Syed-

[James Lightner]

How about salaries on wallstreet? A new Financial MBA still commands 100 to 150 K with perks.

[MBA JOBS]

One of my buddies is always talking about your blog at work – finally came and checked it out today, nice work! I’m subscribing to your rss feed – keep on posting!

[Ian]

What is the difference between "Instructors" and "New Doctorates"? Also, why to "instructors" get paid so much less? What does ABD stand for?

[AACSB International]

Instructors are usually graduate students, part-time non-PhD faculty, or full-time non-PhD faculty. New doctorates are new hires that have recently graduated with their PhD and are likely teaching and researching at a business school. Instructors are paid less because they usually lack the doctoral level education, therefore; they do not contribute to research activities at the school. ABD stands for "all but dissertation." This means that a student went all the way through (or mostly) a PhD program and did not finish or pass their dissertation portion. Their research may have been flawed or the committee turned down their paper/findings.