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Business management professor hiring summary. Here are some key points about hiring business management professors in the United States:
Here's a step-by-step business management professor hiring guide:
A business management professor specializes in teaching business courses at universities and colleges. They are responsible for developing curricula and coursework materials, crafting presentations and handouts, administering examinations and quizzes, grading the students' papers, monitoring their academic progress, and arranging indoor and outdoor activities. They may also organize seminars and invite experts as guest speakers, providing students with additional insights on different topics. Moreover, besides teaching, a business management professor may also join committee works, attend conferences, and participate in research programs.
Before you post your business management professor job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a business management professor for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a business management professor to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a business management professor that fits the bill.
This list shows salaries for various types of business management professors.
| Type of Business Management Professor | Description | Hourly rate |
|---|---|---|
| Business Management Professor | Postsecondary teachers instruct students in a wide variety of academic and career and technical subjects beyond the high school level. They also conduct research and publish scholarly papers and books. | $25-74 |
| Professor | A professor is a teaching professional who provides instructions to students on various academic and vocational subjects in colleges, universities, and vocational schools. Professors design curriculums for courses and ensure that they meet college and department students... Show more | $42-134 |
| Adjunct Business Instructor | An adjunct business instructor refers to an educator hired on a contractual basis. They teach introductory undergraduate courses semester-by-semester all through an academic year... Show more | $12-52 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $101,049 | $49 |
| 2 | Iowa | $95,049 | $46 |
| 3 | New York | $93,557 | $45 |
| 4 | North Carolina | $91,346 | $44 |
| 5 | District of Columbia | $90,161 | $43 |
| 6 | Pennsylvania | $85,440 | $41 |
| 7 | New Jersey | $82,598 | $40 |
| 8 | Michigan | $80,809 | $39 |
| 9 | Florida | $79,486 | $38 |
| 10 | Utah | $78,337 | $38 |
| 11 | Ohio | $75,136 | $36 |
| 12 | Texas | $75,129 | $36 |
| 13 | Colorado | $70,408 | $34 |
| 14 | Missouri | $67,102 | $32 |
| 15 | South Dakota | $65,663 | $32 |
| 16 | Georgia | $61,474 | $30 |
| 17 | Kansas | $57,275 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | The University of Kansas Health System | $161,344 | $77.57 | 16 |
| 2 | Applied Materials | $153,801 | $73.94 | 17 |
| 3 | Jetsetter | $148,087 | $71.20 | |
| 4 | Microsoft | $140,058 | $67.34 | 16 |
| 5 | The City University of New York | $126,023 | $60.59 | 182 |
| 6 | Silicon Valley Bank | $123,780 | $59.51 | |
| 7 | Rutgers University | $121,061 | $58.20 | 268 |
| 8 | Northrop Grumman | $109,143 | $52.47 | 70 |
| 9 | JPMorgan Chase & Co. | $105,521 | $50.73 | 1,178 |
| 10 | Morgan Stanley | $99,928 | $48.04 | 77 |
| 11 | Bank of America | $93,673 | $45.04 | 38 |
| 12 | Teachers Insurance & Annuity Association of America | $89,340 | $42.95 | 21 |
| 13 | The University of Kansas | $87,511 | $42.07 | 139 |
| 14 | JLL | $76,395 | $36.73 | 23 |
| 15 | UTRGV - The University of Texas Rio Grande Valley | $74,200 | $35.67 | 64 |
| 16 | St. Ambrose University | $65,623 | $31.55 | |
| 17 | North Central University | $60,845 | $29.25 |
A business management professor job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a business management professor job description:
To find business management professors for your business, try out a few different recruiting strategies:
Your first interview with business management professor candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best business management professor candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire business management professors, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire business management professors pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $90,167 per year for a business management professor, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business management professors in the US typically range between $25 and $74 an hour.