Working as a Finance Professor

There is more than meets the eye when it comes to being a Finance Professor. For example, did you know that they make an average of $49.59 an hour? That's $103,156 a year!

Between 2018 and 2028, the career is expected to grow 11% and produce 155,000 job opportunities across the U.S.

What Does a Finance Professor Do

There are certain skills that many Finance Professors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Critical-thinking skills, Interpersonal skills and Resourcefulness.

When it comes to the most important skills required to be a Finance Professor, we found that a lot of resumes listed 34.3% of Finance Professors included Undergraduate Courses, while 11.4% of resumes included Economics, and 11.4% of resumes included Portfolio Management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

Learn More About What a Finance Professor Does

How To Become a Finance Professor

If you're interested in becoming a Finance Professor, one of the first things to consider is how much education you need. We've determined that 10.1% of Finance Professors have a bachelor's degree. In terms of higher education levels, we found that 55.8% of Finance Professors have master's degrees. Even though most Finance Professors have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Finance Professor. When we researched the most common majors for a Finance Professor, we found that they most commonly earn Finance degrees or Business degrees. Other degrees that we often see on Finance Professor resumes include Accounting degrees or Economics degrees.

You may find that experience in other jobs will help you become a Finance Professor. In fact, many Finance Professor jobs require experience in a role such as Assistant Professor. Meanwhile, many Finance Professors also have previous career experience in roles such as Controller or Finance Analyst.

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Average Salary$103,156
Job Growth Rate11%

Finance Professor Jobs

Finance Professor Career Paths

Top Careers Before Finance Professor
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Top Careers After Finance Professor
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Average Salary for a Finance Professor

Finance Professors in America make an average salary of $103,156 per year or $50 per hour. The top 10 percent makes over $190,000 per year, while the bottom 10 percent under $55,000 per year.
Average Salary
$103,156

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Assitant Professor, Accounting and Finance
Assitant Professor, Accounting and Finance
California State University, San Bernardino
California State University, San Bernardino
04/24/2019
04/24/2019
$106,05604/24/2019
$106,056
Ass't Professor Finance
Ass't Professor Finance
The University of Akron
The University of Akron
10/18/2018
10/18/2018
$130,00010/18/2018
$130,000
Professor of Finance
Professor of Finance
Loyola Marymount University
Loyola Marymount University
03/09/2018
03/09/2018
$145,00003/09/2018
$145,000
Professor of Finance/Cis
Professor of Finance/Cis
Loyola Marymount University
Loyola Marymount University
09/02/2016
09/02/2016
$142,00009/02/2016
$142,000
Professor of Finance
Professor of Finance
Massachusetts Institute of Technology (MIT)
Massachusetts Institute of Technology (MIT)
05/13/2016
05/13/2016
$360,00005/13/2016
$360,000
See More Recent Salaries

Finance Professor Demographics

Gender

Male

74.0 %

Female

20.2 %

Unknown

5.8 %
Ethnicity

White

56.1 %

Hispanic or Latino

18.8 %

Black or African American

10.9 %
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Foreign Languages Spoken

Spanish

66.7 %

Portuguese

6.7 %

Chinese

6.7 %
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Entry Level Jobs For Becoming A Finance Professor

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Full Time
Part Time
Internship
Temporary

Top Skills For a Finance Professor

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 34.3% of Finance Professors listed Undergraduate Courses on their resume, but soft skills such as Critical-thinking skills and Interpersonal skills are important as well.

Best States For a Finance Professor

Some places are better than others when it comes to starting a career as a Finance Professor. The best states for people in this position are California, Oregon, North Dakota, and Alaska. Finance Professors make the most in California with an average salary of $125,443. Whereas in Oregon and North Dakota, they would average $118,429 and $116,055, respectively. While Finance Professors would only make an average of $108,496 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Oregon

Total Finance Professor Jobs:
120
Highest 10% Earn:
$214,000
Location Quotient:
2.05
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. North Dakota

Total Finance Professor Jobs:
22
Highest 10% Earn:
$204,000
Location Quotient:
1.66
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Iowa

Total Finance Professor Jobs:
62
Highest 10% Earn:
$195,000
Location Quotient:
1.07
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Finance Professor Employers

1. Lipscomb University
4.3
Avg. Salary: 
$42,018
Finance Professors Hired: 
3+
2. Massachusetts Institute of Technology
4.5
Avg. Salary: 
$53,883
Finance Professors Hired: 
2+
3. Loyola Marymount University
4.2
Avg. Salary: 
$41,701
Finance Professors Hired: 
2+
4. Jack & Dorothy Bender Library
4.4
Avg. Salary: 
$51,062
Finance Professors Hired: 
2+
5. The Malvern School
3.5
Avg. Salary: 
$35,623
Finance Professors Hired: 
1+
6. Dawn Food Products
4.8
Avg. Salary: 
$39,234
Finance Professors Hired: 
1+

Recently Added Finance Professor Jobs

Updated August 27, 2020