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Article
A Current Look at Salaries and Faculty Demand within the Field of Entrepreneurship
Journal of Applied Management and Entrepreneurship (2016)
  • Todd A Finkle
Abstract
This article examines the salaries for entrepreneurship faculty from AACSB schools of higher education in the United States from 2004 to 2015. The data is based upon a group of 325 schools within the United States that completed an AACSB Salary Survey. This paper examines the salaries of entrepreneurship faculty by rank (Professor, Associate Professor, Assistant Professor, Instructor, and New Doctorate), gender, and type of school (public versus private). The article also examines the supply and demand for entrepreneurship faculty over the past 10 years and estimates faculty retirements over the next 5 years. The findings of the research indicate that during 2014/15, the average salaries for entrepreneurship faculty at AACSB schools of higher education within the US were: Full Professor ($162,000), Associate Professor ($131,400), Assistant Professor ($113,600), Instructor ($85,800), and New Doctorates ($97,800). In 2014/15, the average salaries for entrepreneurship faculty broken down by gender were the following: Full Professor (Male: $159,800; Female: $171,700), Associate Professor ($133,200; $125,600), Assistant Professor ($114,000; $112,500), and Instructor ($87,500; $77,700). Average salaries for entrepreneurship faculty broken down by type of school were the following: Full Professor (Public: $157,700; Private: $173,000), Associate Professor ($129,500; $135,000), Assistant Professor ($112,400; $117,000), and Instructor ($79,300; $98,200).

Keywords
  • Entrepreneurship,
  • Faculty,
  • Salaries,
  • Rank,
  • AACSB,
  • Gender,
  • Higher Education,
  • Compensation,
  • money,
  • Male,
  • Female,
  • Instructor,
  • Assistant Professor,
  • Associate Professor,
  • Full Professor,
  • Endowed Chair,
  • Director,
  • Startups,
  • Startup
Publication Date
Winter February 29, 2016
DOI
10.9774/GLEAF.3709.2016.ap.00005
Citation Information
Finkle, T.A. (2016). A current look at salaries and faculty demand within the field of entrepreneurship. Journal of Applied Management & Entrepreneurship. 21, 2, 45-69.