Occupational Employment and Wages, May 2003

25-1011 Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor relations, marketing, and operations research. Include both teachers primarily engaged in teaching and those who do a combination of both teaching and research.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
68,260 2.1 % (4) $62,450 1.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Annual Wage (2) $27,610 $39,320 $55,510 $78,810 $105,320
  (4)

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Colleges and universities 46,090 (4) $68,200 1 1
Junior colleges 19,350 (4) $51,120 2 3
Business, computer and management training 2,050 (4) $46,130 3 4
Technical and trade schools 610 (4) $44,180 4 5
Other schools and instruction 50 (4) $55,190 5 2

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Colleges and universities 46,090 (4) $68,200 1 1
Other schools and instruction 50 (4) $55,190 5 2
Junior colleges 19,350 (4) $51,120 2 3
Business, computer and management training 2,050 (4) $46,130 3 4
Technical and trade schools 610 (4) $44,180 4 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
District of Columbia 950 (4) $60,430 0.160% 118
South Carolina 2,410 (4) $53,770 0.137% 83
Arizona 2,030 (4) $42,400 0.090% 199
Virginia 2,870 (4) $59,240 0.085% 115
South Dakota 290 (4) $46,220 0.082% 72

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Massachusetts 2,120 (4) $88,210 0.067% 30
New Hampshire 340 (4) $78,720 0.056% 25
Maryland 1,230 (4) $74,840 0.050% 52
Connecticut 960 (4) $74,400 0.059% 68
California 4,670 (4) $73,560 0.032% 81

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Greenville-Spartanburg-Anderson, SC MSA 970 (4) $51,580 0.211%
Lynchburg, VA MSA 170 (4) $50,780 0.183%
Worcester, MA-CT PMSA 410 (4) $75,910 0.179%
St. Cloud, MN MSA 160 (4) $50,300 0.179%
Kenosha, WI PMSA 90 (4) $53,690 0.174%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Lincoln, NE MSA 80 (4) $82,060 0.054%
Raleigh-Durham-Chapel Hill, NC MSA 750 (4) $81,430 0.113%
Atlanta, GA MSA 1,080 (4) $80,940 0.051%
Lexington, KY MSA 150 (4) $79,950 0.058%
Oakland, CA PMSA 160 (4) $79,940 0.016%

About May 2003 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(4) Hourly wage rates for occupations where workers typically work fewer than 2,080 hours per year are not available.

All Education, Training, and Library Occupations

2003 May National Occupational Employment and Wage Estimates

2003 May State Occupational Employment and Wage Estimates

2003 May Metropolitan Area Occupational Employment and Wage Estimates

2003 May National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2003 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

 

Last Modified Date: May 7, 2004