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Student Demands Tuition Refund After Catching Professor Using ChatGPT - Slashdot
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this post was submitted on 16 May 2025
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Somewhat unrelated but I've never understood why business professors make so much more than others. I get their logic of basing it off what they could be paid private side but business degrees tend to skew things due to how overpaid CEOs of larger corporations are.
I know at the university nearby the difference between someone with a phd in business admin versus genetics is... vast, to say the least.
Then you get it. They pay what they need to in order to get the talent they need for the course. Business school is often more expensive than other disciplines because of the high salaries needed to attract talent and businesses schools get a lot of sponsors, so the school is being compensated for the high salaries.
In short, it's supply and demand. It's a lot cheaper to find a PhD in genetics vs a PhD in business who is willing to work at a university.
I wish I knew the answer. I know one person who took that path and he is not a super bright guy and I'm not sure what value he brings... but business PhD and then teaching position in the 600k range. I did a rocket science PhD and finally took an industry job after like 6 years running a lab for less than 100k, but my advisor was around 180k with full faculty.
400k was the salary of the university president, so... you add the rocket science faculty to the president and you get a faculty salary in the business school? It doesn't make a lot of sense. I suppose maybe because MBA is a high demand degree? If you figure it out let me know, I'd also like to know the answer.