Faculty Salary By Academic Rank at Babson College
The 2023 average faculty salary is $159,485 at Babson College across all academic ranks. Babson's faculty salary increased by 1.76% compared to the 2022 salary.
At Babson College, by academic rank:
- The Professor salary is $210,347, a 6.71% increase from last year (+$13,222).
- The Associate professor salary is $147,536, a -5.74% decrease from last year (-$8,979).
- The Assistant professor salary is $115,038, a -21.37% decrease from last year (-$31,261).
Faculty Salary By Gender
The following tables show the average faculty salary by academic rank and gender at Babson College.
At Babson, the average male faculty's salary is $170,168 and female faculty's is $144,128. The difference in salary between male and female faculty $26,040, with male faculty' annual salary being 18.07% higher than that of female faculty.
| Contract Length | Total | Men | Women | ||
|---|---|---|---|---|---|
| Equated to 9-Month Contract | $159,485 +$2,764 (1.76%) |
$170,168 +$9,140 (5.68%) |
$144,128 -$5,859 (-3.91%) | ||
| 9-Month Contract | $159,485 +$2,764 (1.76%) |
$170,168 +$9,140 (5.68%) |
$144,128 -$5,859 (-3.91%) | ||
| 10-Month Contract | No Faculty with 10-Month Contract | ||||
| 11-Month Contract | No Faculty with 11-Month Contract | ||||
| 12-Month Contract | No Faculty with 12-Month Contract | ||||
The average salary for Babson's 64 Professor is $210,347. By gender, the average male professor salary is $220,367, and that of female professor is $191,220. The salary difference between male and female professor is $29,147, which means male professor's salary is 15.24% higher than female professor's salary.
| Contract Length | Total | Men | Women | ||
|---|---|---|---|---|---|
| Equated to 9-Month Contract | $210,347 +$13,222 (6.71%) |
$220,367 +$16,701 (8.20%) |
$191,220 +$5,096 (2.74%) | ||
| 9-Month Contract | $210,347 +$13,222 (6.71%) |
$220,367 +$16,701 (8.20%) |
$191,220 +$5,096 (2.74%) | ||
| 10-Month Contract | No Professor with 10-Month Contract | ||||
| 11-Month Contract | No Professor with 11-Month Contract | ||||
| 12-Month Contract | No Professor with 12-Month Contract | ||||
The average salary for Babson's 79 Associate professor is $147,536. By gender, the average male associate professor salary is $144,807, and that of female associate professor is $151,543. The salary difference between male and female associate professor is $6,736, which means male associate professor's salary is 4.44% lower than female associate professor's salary.
| Contract Length | Total | Men | Women | ||
|---|---|---|---|---|---|
| Equated to 9-Month Contract | $147,536 -$8,979 (-5.74%) |
$144,807 -$17,089 (-10.56%) |
$151,543 +$3,484 (2.35%) | ||
| 9-Month Contract | $147,536 -$8,979 (-5.74%) |
$144,807 -$17,089 (-10.56%) |
$151,543 +$3,484 (2.35%) | ||
| 10-Month Contract | No Associate professor with 10-Month Contract | ||||
| 11-Month Contract | No Associate professor with 11-Month Contract | ||||
| 12-Month Contract | No Associate professor with 12-Month Contract | ||||
The average salary for Babson's 52 Assistant professor is $115,038. By gender, the average male assistant professor salary is $134,922, and that of female assistant professor is $95,155. The salary difference between male and female assistant professor is $39,767, which means male assistant professor's salary is 41.79% higher than female assistant professor's salary.
| Contract Length | Total | Men | Women | ||
|---|---|---|---|---|---|
| Equated to 9-Month Contract | $115,038 -$31,261 (-21.37%) |
$134,922 -$8,343 (-5.82%) |
$95,155 -$53,504 (-35.99%) | ||
| 9-Month Contract | $115,038 -$31,261 (-21.37%) |
$134,922 -$8,343 (-5.82%) |
$95,155 -$53,504 (-35.99%) | ||
| 10-Month Contract | No Assistant professor with 10-Month Contract | ||||
| 11-Month Contract | No Assistant professor with 11-Month Contract | ||||
| 12-Month Contract | No Assistant professor with 12-Month Contract | ||||
Faculty Salary Changes over Past 5 Years
The average salary for Babson faculty has increased 8.14%, from $146,502 to $159,485. Professor salaries increased by 11.45%, associate professor salaries increased by 1.12%, and assistant professor salaries decreased by 15.71% at Babson College.
| Year | All Faculty | Professor | Associate Professor | Assistant Professor | Instructor |
|---|---|---|---|---|---|
| 2019 | $146,502 | $186,268 | $145,887 | $133,116 | - |
| 2020 | $149,225 1.86% | $192,239 3.21% | $147,142 0.86% | $137,692 3.44% | - |
| 2021 | $158,760 6.39% | $207,527 7.95% | $156,684 6.48% | $138,022 0.24% | $89,750 |
| 2022 | $156,721 1.28% | $197,125 5.01% | $156,515 0.11% | $146,299 6.00% | - |
| 2023 | $159,485 1.76% | $210,347 6.71% | $147,536 5.74% | $115,038 21.37% | - |
| 5 Years Change | $12,983 8.14% | $24,079 11.45% | $1,649 1.12% | -$18,078 15.71% | - - |
How Babson Faculty Salary Compared?
Babson's average faculty salary is $159,485. Babson's faculty salary is much higher than the national average faculty salary at four-years colleges ($69,937). Its salary is also well above the average salary ($88,485) of four-years colleges in Massachusetts.
Babson College is a School of business and management according to the Carnegie Classification. When compared School of business and management, its salary is much higher than national average and higher than Massachusetts School of business and management.
| Average Faculty Salary | |
|---|---|
| Babson College | $159,485 |
| School Of Business And Management | $70,901 |
| Massachusetts School Of Business And Management | $130,656 |
| National Average (Four-years Colleges) | $69,937 |
| Four-years Massachusetts Colleges | $88,485 |