How to hire a finance professor

How to hire a finance professor, step by step

Here's a step-by-step finance professor hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a finance professor job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new finance professor
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   First, determine the employments status of the finance professor you need to hire. Certain finance professor roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a finance 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 finance professor that fits the bill.

   This list shows salaries for various types of finance professors.

   Type of Finance Professor	Description	Hourly rate
   Finance 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.	$18-118
   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
   Business Instructor	A business instructor specializes and focuses on teaching students about various businesses. In learning institutions, a business instructor is responsible for preparing lesson and coursework plans, performing extensive research, organizing various activities to enhance the students' skills and knowledge, facilitating discussions, conducting quizzes and examinations, and developing strategies for better learning... Show more	$12-44

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Economics
   • Portfolio Management
   • Graduate Courses
   • Business Finance
   • Syllabus

   Responsibilities:

   • Lead outreach to community and statewide stakeholders in the PPCC entrepreneurship program.
   • Offer lectures in economics and financial management.
   • Develop the learning objectives, syllabus, outcomes, and course outline.
   • Develop contextually sensitive evidence aggregation methods from patient records that consider whole patients over time, rather than just linguistic correctness.
   • Lecture on business management, GAAP compliance and ethics in both undergraduate and graduate programs.
   • Develop online graduate and undergraduate level classes in ESL instruction that focus on teaching methods, assessments, and linguistic terminology.

3. Make a budget

   Including a salary range in your finance professor job description is one of the best ways to attract top talent. A finance professor can vary based on:

   • Location. For example, finance professors' average salary in hawaii is 62% less than in alaska.
   • Seniority. Entry-level finance professors 84% less than senior-level finance professors.
   • Certifications. A finance professor with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a finance professor's salary.

   Average finance professor salary

   $98,942yearly

   $47.57 hourly rate

   ---

   Entry-level finance professor salary

   $39,000 yearly salary

   Updated December 23, 2025

   Average finance professor salary by state

   Rank	State	Avg. salary	Hourly rate
   1	North Dakota	$120,945	$58
   2	Massachusetts	$119,268	$57
   3	California	$117,180	$56
   4	New York	$103,066	$50
   5	Texas	$89,267	$43
   6	Florida	$89,249	$43

   Average finance professor salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	UMiami Health System	$202,703	$97.45	234
   2	Massachusetts Institute of Technology	$179,175	$86.14	8
   3	The American College of Financial Services	$173,437	$83.38
   4	UWorld	$125,983	$60.57	7
   5	University of Houston	$123,221	$59.24	102
   6	Rice University	$118,204	$56.83	15
   7	Cowen	$116,048	$55.79
   8	Loyola Marymount University	$112,717	$54.19	18
   9	University of North Dakota	$91,339	$43.91	82
   10	Seton Hill University	$90,790	$43.65	69
   11	Danfoss	$85,524	$41.12

4. Writing a finance professor job description

   A finance 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 finance professor job description:

   Finance professor job description example

   UWorld is seeking a full-time CFA Content Specialist to write and edit content for our web-based products. CFA Content Specialist will work on-site and collaborate with the CFA Team, editors, and illustrators to produce high-quality content for our CFA Questions Bank, in addition to other product development. This ground-floor opportunity is long-term, so candidates will have the potential to engage in the product life cycle-from product planning and development to completion and maintenance.
   
   Ideal candidates have an unending passion for education and will use their practical experience to develop an exceptional product that will educate tomorrow's CFA via our innovative and interactive online platform. Candidates will partner with some of the brightest minds in education and become a part of UWorld's success story.
   
   If you are looking for a company that is passionate about finance education and provides growth opportunity with a healthy work/life balance, then UWorld is right for you.
   Requirements
   
   Minimum Education Required:
   
   Master of Finance or MBA preferred
   
   Undergraduate/Graduate GPA of 3.6 or higher preferred
   
   Minimum Experience Required:
   
   CFA charter required
   
   Minimum 3-5 years of experience in an investment or academic setting
   
   Proven ability to write high-quality CFA questions and rationales preferred
   
   Required Skills:
   
   Strong understanding of the CFA charter curriculum blueprint in relation to the following topic areas: ethical and professional standards, quantitative methods, economics, financial reporting and analysis, corporate finance, equity investments, fixed income investments, derivatives, alternative investments, and portfolio management and wealth planning.
   
   Ability to think strategically, analytically, and collaboratively
   
   Ability to be adaptable and flexible
   
   Proficiency in MS Office/Working knowledge of IT and marketing software (e.g. CRM)
   
   Solid organizational, prioritization, and motivation skills to successfully meet deadlines required
   
   Excellent interpersonal skills
   
   Willingness to relocate to the Dallas/Fort Worth Area
   
   Job Responsibilities:
   
   Reports to the Manager of CFA product development.
   
   New content production
   
   Creates content for testing materials for CFA question bank and participates in product development.
   
   Applies knowledge that reflects the CFA blueprint and practices for generation of question bank items
   
   Assists other content team members during peak periods of new content production to ensure that all deadlines are met
   
   Content revision and quality control
   
   Works closely with editing and illustration teams to create exceptional content that adheres to UWorld standards
   
   Responds quickly to user feedback and makes necessary edits to question bank content
   
   Works collaboratively with team members to provide and receive feedback with tact and diplomacy
   
   Other duties as assigned
   
   Benefits
   
   Competitive compensation (contingent on experience)
   
   Paid time off (based on sliding scale according to hire date and work hours)
   
   Generous paid vacation schedule
   
   Comprehensive benefits package (medical, vision, dental, life, disability)
   
   401(k) plan for retirement with 5% employer matching (eligibility after 90 days of employment)
   
   On-site group fitness classes & relaxed work environment
   
   At UWorld, we believe strength is derived from the talents, ideas, and experiences of a diverse workforce. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or any other protected class. UWorld is proud to be an equal opportunity employer providing a drug-free workplace. If you have a disability or special need that requires accommodation, please let us know.

   Copy this example

   

5. Post your job

   There are a few common ways to find finance professors for your business:

   • Promoting internally or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to meet candidates with the right educational background.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

   To find finance professor candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as k12jobspot, learn4good, serious teachers, teachingjobs.com.
   • Post your job on free job posting websites.

6. Interview candidates

   Your first interview with finance 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.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new finance professor

   Once you've found the finance professor candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   Once that's done, you can draft an onboarding schedule for the new finance professor. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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