International Association of Hospitality Financial Management Education (iAHFME) Academic Member 2015 Total Annual Earnings

Abstract

This study uses survey research to determine the 2015 annual earnings of hospitality financial management educators. Of the International Association of Hospitality Financial Management Education (iAHFME) members affiliated with educational institutions who were invited to participate, 58% responded. Survey results show that for 2015, annual base salaries of iAHFME members ranged from $75,000 to $264,000. The lowest-paid member was an assistant professor and the highest-paid member was a full 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 $81,000 to $264,000. Survey results also show that hospitality financial management educators appear to be more highly compensated than the average college professor than their counterparts in the lodging industry.