|Degree Level||Master's degree|
|Degree Field(s)||Business administration (MBA) or related fields|
|License/Certification||Optional certifications available based on specialty|
|Experience||Successful business experience|
|Key Skills||Public speaking, teaching, and communications skill|
|Job Outlook (2014-2024)||13% growth (for postsecondary business teachers)|
|Median Annual Salary (2015)||$72,470 (for postsecondary business teachers)|
Source: U.S. Bureau of Labor Statistics
Possessing both academic and professional credentials, business lecturers generally teach undergraduate and graduate students interested in business courses based upon their expertise in both spheres. This job typically requires an MBA degree, as well as relevant business experience.
Business lecturers work as teaching staff in postsecondary business classes and colleges. These men and women, while not tenured or in tenure-track positions, are hired to teach specific courses and, to varying degrees, participate in the governance of the department in which they have been hired. Thus, in addition to teaching, business lecturers can also advise students, participate in faculty and administrative meetings, act on academic committees, and organize departmental workshops.
The teaching load of business lecturers varies according to the institution in which they work. However, they're generally hired to teach in a specific business discipline, such as management, e-commerce, business and information technology, international business, or accounting. Often, these lecturers aren't required to pursue academic research, although such work isn't discouraged.
As with their colleagues in other fields and departments, business lecturers conduct courses, seminars, and lectures. Similarly, they participate in the administrative aspects of postsecondary education, including committee and advising work. They are also expected to maintain a working knowledge of their school's procedures, expectations, and rules.
Business lecturers often maintain a presence in the business world, as well as in the classroom. Business lecturers utilize not only their academic but also their professional connections and experience. Thus, they are often expected to assist students based on both their academic and workplace expertise.
Depending on both the school at which they teach and the department in which they work, business lecturers need not have a doctorate degree. For many in the business world, the terminal degree is the Master of Business Administration or similar degree. In addition, many business departments prefer business lecturers who are outstanding professionals in their field. For example, business lecturers may be successful entrepreneurs, executives or experienced in highly specialized fields, such as business law, technology development, or consulting.
Salary & Job Outlook
Although the U.S. Bureau of Labor Statistics (BLS) doesn't provide information specific to business lecturers, it does publish data for the employment outlook and salaries earned by business teachers at the postsecondary level. According to the BLS, the employment of postsecondary business teachers is projected to grow by 13% between 2014 and 2024, which is faster than average. The same source indicated that, as of June 2015, business teachers in postsecondary schools earned a median annual salary of $72,470, although this statistic likely reflects the salaries made by full-time instructors.
Business lecturers generally teach undergraduate and graduate students interested in business courses based upon their expertise in both academic and professional settings and may also advise students, participate in faculty and administrative meetings, act on academic committees, and organize departmental workshops.