Type of Submission
Invited Article
Abstract
This study uses survey research to determine the 2021 annual earnings of hospitality financial man- agement educators. Thirty-three percent of iAHFME members affiliated with educational institutions responded. Survey results show that for 2021, annual base salaries of iAHFME members ranged from $73,000 to $174,000. The lowest-paid member was an assistant professor and the highest-paid member a professor. Many respondents supplemented their base salaries by teaching during summer school or consulting or both. The total annual earnings of iAHFME members ranged from $90,000 to $265,000. Survey results also show that hospitality financial management educators appear to be more highly compensated than the average college professor and their counterparts in the lodging industry manage risk in the hospitality industry more effectively.
DOI
http://dx.doi.org/10.7275/9vdk-7789
Recommended Citation
Schmidgall, Raymond S. and Yu, Jung Hee
(2023)
"International Association of Hospitality Financial Management Educators (iAHFME) Academic Member 2021 Total Annual Earnings,"
Journal of Hospitality Financial Management: Vol. 31:
Iss.
1, Article 4.
DOI: http://dx.doi.org/10.7275/9vdk-7789
Available at:
https://scholarworks.umass.edu/jhfm/vol31/iss1/4