Many college professors change lives, challenge the world around us, and teach us the skills needed to improve ourselves. However, their salaries range widely — anywhere from adjunct professors earnings around $30,000 to a full-time professor earning $500,000 and more.
College professors may teach at either private or public universities; their level of expertise and interest will determine where they spend the bulk of their years teaching.
As you might expect, the highest-paid professors teach mostly at prestigious private universities: Columbia, Cornell, Yale, Harvard, and Duke. Two teach at public universities: University of California–Berkeley and the University of Texas at Austin. And three teach at the Thunderbird School of Global Management, an international business school located in Arizona.
10. Graeme Rankine: $493,000
Graeme RankineGraeme Rankine is an associate Professor of Accounting, as well as Academic Director of the LG Electronics Executive MBA (Korea) Program, at Thunderbird School of Global Management. He is currently the Academic Director of Thunderbird’s Finance for Global Managers Program and Lucent’s New Business Development Program.
Dr. Rankine has also been Academic Director of the Executive MBA–Europe Program and the EMBA–Asia (Taiwan) Program.
9. Steven Weinberg: $536,000
Steven WeinbergSteven Weinberg is the Josey Regental Chair in Science at the University of Texas at Austin, where he holds a joint appointment in the departments of Physics and Astronomy.
In 1979, Dr. Weinberg was awarded the Nobel Prize in Physics science’s top honor. Together with Sheldon Glashow and Abdus Salam, he devised the electroweak theory, which unified two of the four main fundamental forces of nature: the electromagnetic force and weak atomic force.
8. Andrew Inkpen: $566,000
Andrew InkpenAndrew Inkpen is the J. Kenneth and Jeannette Seward Chair in Global Strategy and Professor of Global Management at the Thunderbird School of Global Management.
Dr. Inkpen received his Ph.D. from the University of Western Ontario. In addition to the Thunderbird School, he has taught at the Ivey Business School (University of Western Ontario), Temple University, National University of Singapore, and Nanyang Technological University, also in Singapore.
7. Kannan Ramaswamy: $700,000
Kannan RamaswamyKannan Ramaswamy is the William D. Hacker Chair Professor of Management in the Department of Global Business at the Thunderbird School of Global Management.
Dr. Ramaswamy received his MBA from the University of Madras (now Chennai), India, and his Ph.D. from Virginia Technological University. He is now a U.S. citizen.
6. Andrew M. Isaacs: $709,000
Andrew M. IsaacsAndrew M. Isaacs is Adjunct Professor of Business and Engineering at the University of California–Berkeley, where he is also Director of New Management of Technology Programs, Director of the Mayfield Fellows Program, and Co-Executive Director of the Center for Energy and Environmental Innovation at the UC–Berkeley Haas School of Business. Mr. Isaacs received his M.S. in Geochemistry from the University of Michigan.
5. Dan J. Laughhunn: $1.03 million
dan-laughhunnDan J. Laughhunn is Professor Emeritus at Duke University’s Fuqua School of Business. Among courses taught by Dr. Laughhunn, who received his Doctorate in Business Administration from the University of Illinois, are the following: Risk Management, Capital Budgeting, Managerial Economics, Finance, and Risk Attitudes of Professional Managers.
4. William E. Fruhan Jr.: $1.19 million
William E. Fruhan, Jr.William E. Fruhan Jr. is the Baker Foundation Professor and the George E. Bates Professor Emeritus at the Harvard Business School, where he has served as Senior Associate Dean, Director of Faculty Development, Chairman of the Executive Education Advanced Management Program, Chairman of the Finance Area, and Course Head for Finance in the first year of the MBA Program.
3. Dean Takahashi: $2.6 million
Dean TakahashiDean Takahashi is Adjunct Professor in the Practice of Finance at the Yale School of Management, and Senior Director of Investments at Yale University.Dr. Takahashi received his Ph.D. in economics from Yale.
2. Zev Rosenwaks: $3.3 million
Zev RosenwaksZev Rosenwaks is Professor of Obstetrics and Gynecology at Cornell University and Director and Physician-in-Chief of the Ronald O. Perelman and Claudia Cohen Center for Reproductive Medicine at the Weill Cornell Medical College.
Dr. Rosenwaks received his M.D. from the SUNY Health Science Center at Brooklyn in 1972. He is board certified in Obstetrics and Gynecology and Reproductive Endocrinology and Infertility, and a Fellow of the American College of Obstetricians and Gynecologists.
1. David N. Silvers: $4.33 million
David SilversDavid N. Silvers is Clinical Professor of Dermatology and Pathology and Director of the Dermatopathology Laboratory at Columbia University. His stellar salary rivals that of many college coaches.
Dr. Silvers received his M.D. from Duke University in 1968. He is board certified in dermatology and pathology, with a certification of special competence in dermatopathology.