The top 10 universities that pay their professors the most are not unknown in the world. They are historically important institutions which rank among the best in the list of tertiary institutions since the beginning of the establishment of academic structures. Hence, this list is duly identified in subsequent context.
But first, we have to understand who and what professors. Professors are the informed, learned and knowledgeable individuals who have the highest academic rank in the sphere of academic institutions. In other words, a professor is an academic rank at universities and other post-secondary education and research institutions in most countries. They are usually experts in their field and teachers of the highest rank.
The process of becoming a college professor is a rigorous one, but the rewards for those who earn a staff position can be pretty sweet. According to a survey conducted by the American Association of University Professors (AAUP) that included 1,142 American colleges and universities, the average salaries for full professors for the 2012-2013 academic year were often in the six figures, with some surpassing $200,000
Here are the top 10 universities that pay their professors the most salaries:
1. Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States. The average salary for full professors is $203,000.
2. New York University
New York University is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by a group of New Yorkers led by Albert Gallatin as a non-denominational all-male institution near City Hall based on a curriculum focused on a secular education. The average salary for professors in the school is $187,600. It is currently boasting more than 40,000 students as a private institution.
3. Princeton University
Princeton University is a private Ivy League research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The average salary for full professors in the school is $200,000. This prestigious Ivy League university offers graduate and undergraduate programs.
4. California Institute of Technology
It comes as no surprise that the California Institute of Technology ranks highly on this list. The faculty at Cal Tech are among the most eminent scientists’ academic dome. Their average salary for full professors is currently $179,200 The school is situated on a 124-acre campus in Pasadena, California.
5. Rockefeller University
Rockefeller University, a postgraduate and postdoctoral degree-granting institution, clocks in at seventh on this list. The school specializes primarily in biological and biomedical research. Currently, six members of its faculty are Nobel Laureates. The average full-time faculty salary for professors is $151,358.
6. Yale University
Yale University is a private Ivy League research university in New Haven, Connecticut. Founded in 1701, Yale is the third-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The average salary for full professors is $186,300.
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7. University of Pennsylvania
The University of Pennsylvania is a private Ivy League research university in Philadelphia, Pennsylvania. The average salary for full professors is $187,000. Founded by Benjamin Franklin in the 1740s, the University of Pennsylvania currently employs more than 4,000 senior lecturers and professors.
8. Stanford University
Stanford University is a private research university in Stanford, California. The campus occupies 8,180 acres, among the largest in the United States, and enrolls over 17,000 students. Stanford has been considered to be one of the most prestigious universities in the world. The average salary for full professors is $207,300. In addition to paying its full professors royally, Stanford paid its associate professors something closely substantial.
9. Columbia University
Columbia University, officially titled as Columbia University in the City of New York, is a private Ivy League research university in New York City. The average salary for full professors is $212,300. With a rich history dating back to 1754, this private Ivy League institution located in Columbia.
10. University of Oxford
The school is also one of the top 10 universities that pay their professors well. In this school, a professor is paid £75,000 per year. Considering the national average income of less than £30,000, this salary is relatively generous. Furthermore, there are 130 universities in the United Kingdom, giving you plenty of career opportunities in the long run.
