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If you’re looking for a career in business administration, you should know that the average salary for an associate is $34,000 per year. That figure can vary depending on where you work and what type of degree you have. For example, if you work in California and have a Bachelor’s degree in business administration, then you could expect to earn between $37,000 and $60,000 per year. If you were to take on a job as a manager with the same credentials and experience, you could expect to make between $75,000 and $98,000 per year.
Salary for associates in business administration
A person working as a Professor – Business Administration in United States typically earns around 140,000 USD per year. Salaries range from 75,300 USD (lowest) to 211,000 USD (highest).
This is the average yearly salary including housing, transport, and other benefits. Professor – Business Administration salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Professor – Business Administration Salary Distribution in United States
The median, the maximum, the minimum, and the range
- Salary RangeProfessor – Business Administration salaries in United States range from 75,300 USD per year (minimum salary) to 211,000 USD per year (maximum salary).
- Median SalaryThe median salary is 128,000 USD per year, which means that half (50%) of people working as Professor – Business Administration(s) are earning less than 128,000 USD while the other half are earning more than 128,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Professor – Business Administration(s) are earning less than 91,700 USD while 75% of them are earning more than 91,700 USD. Also from the diagram, 75% of Professor – Business Administration(s) are earning less than 156,000 USD while 25% are earning more than 156,000 USD.
Professor – Business Administration Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Professor – Business Administration salaries by experience level and this is what we found.
A Professor – Business Administration with less than two years of experience makes approximately 87,500 USD per year.
While someone with an experience level between two and five years is expected to earn 111,000 USD per year, 26% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 146,000 USD per year, 32% more than someone with two to five years of experience.
Additionally, Professor – Business Administration(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 171,000 USD per year, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 190,000 USD per year, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 202,000 USD per year, 6% more than people with fifteen to twenty years of experience.
Professor – Business Administration average salary change by experience in United States
0 – 2 Years | 87,500 USD | |
2 – 5 Years | +26% | 111,000 USD |
5 – 10 Years | +32% | 146,000 USD |
10 – 15 Years | +18% | 171,000 USD |
15 – 20 Years | +11% | 190,000 USD |
20+ Years | +6% | 202,000 USD |
Percentage increase and decrease are relative to the previous value
Professor – Business Administration Salary Comparison By Education
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Professor – Business Administration salaries by education level in order to make a comparison.
When the education level is Master’s Degree, the average salary of a Professor – Business Administration is 105,000 USD per year.
While someone with a PhD gets a salary of 173,000 USD per year, 64% more than someone having a Master’s Degree degree.
Professor – Business Administration average salary difference by education level in United States
Master’s Degree | 105,000 USD | |
PhD | +64% | 173,000 USD |