IAHFME Academic Member 2016 Total Annual Earnings

Abstract

ABSTRACT This study was conducted to determine the 2016 annual earnings of hospitality financial management educators. Forty-three percent of IAHFME’s members affiliated with educational institutions responded. Annual base salaries ranged from $77,000 to $272,000. The lowest paid member is an assistant professor while the highest paid member is a full professor. Many respondents supplement their base salaries by both teaching during summer school and consulting. The total annual earnings of members ranged from $77,000 to $391,000. Hospitality financial management educators appear to be more highly compensated than the average college professor and hospitality financial executives.