The job of a professor is considered to be the most respected one throughout the world, moreover the professors are also privileged with ...
The job of a professor is
considered to be the most respected one throughout the world, moreover the
professors are also privileged with various facilities bestowed to them,
especially by the public sector; however if you are willing to become a
professor in the near future then you must definitely know which are the
countries that have the highest paid university professors. To make your
queries easy, the study conducted by Boston College Center for International
Higher Education and the Laboratory for Institutional Analysis from the Higher
School of Economics in Moscow demonstrates, the countries having the highest
paid university professors based on the public university salaries, reports the
Universities News.
In the study, the dollar
value of full time salaries was adjusted to the cost of living in 28 countries
around the world to let a true evaluation of the value of the pay. The
researchers noted that in adjusted dollars, Canada
emerged to be at the top, as the country’s full time professors earn $7,196 per
month compared to United States
and United Kingdom,
where the professors earn $6,054 per month and $5,943 per month respectively.
Listed below are the details of the countries that have the highest paid university
professors, according to the study report.
1. Canada: As we have already highlighted in the
second paragraph of the article that Canada ranks first amongst 28 other
nations in the world that were surveyed to find which countries treasures the
highest paid university professors. This suggests that the most prestigious University of Toronto, with the highest campus pay
cheques, in this beautiful country draped with maple leaves, might have the
highest paid professors of all other universities in the nation. “Canadian
professors work hard, they’re productive and they’re one of the reasons our
universities are relatively well ranked,” said Education Professor Glen Jones
of the Ontario Institute for Studies in Education at the U of T and part of the
Canadian team of researchers on the study. The other prestigious universities
of Canada are University of British
Columbia and University
of Victoria.
2. Italy: This European nation takes the second
position, as Italy’s
full time professors work ing in public universities earn an average salary of
$ 6,955 per month. Italy is also known all over the world for offering great
academics especially graduate programs in the fields of engineering and applied
sciences, computer science, business management, bio-chemistry, bio-medicine,
medicine, law, education, chemical engineering, mechanical and fine arts
leading to an MS, MBA or a Ph.D. Some of the best Italian universities are University of Milan,
University of Pisa and Sapienza University of Rome
where the professors apart from high salary enjoy great facilities.
3. South Africa: South Africa comes third because
university professors working in the public universities bag an average of $
6,531 per month. However, according to
the “PUNCH” website some Nigerian professors who reacted to the report claimed
that the study did not reveal the general earnings of a professor. But, later
they admitted that the new merged salaries in federal universities, the
estimated earnings may be almost the same as mentioned in the report, since
some of the most senior professors receive about N600,000 per month. The best
public institutions in South Africa
are University of Cape Town, University of Fort Hare and Rhodes University.
India: Interestingly, India takes the fourth position in
the list as the a verage salaries of Indian professors are $ 6,070 per month.
Recognized by the UGC (University grants commission), the universities in India offers high class education to the
students who come to seek for education from both India and abroad. Apart from good
pay package, professors working in the public universities in India are
entitled to avail great facilities offered by the government which includes
free shelter, medical facility, children education allowance etc. The IIT’s ,
IIM’s and BHU (Banaras
Hindu University
) are considered to be the best amongst most prestigious public universities.
5. United States: Although some of the most prestigious and
expensive school of learning's in the world are located in the United States,
still the professors working in the public universities here bag less as
compared to countries like Canada, Italy, South Africa and India highlighted
above. Professors working in the public universities in the U.S. earn an
average of $ 6,054 per month. The top public universities of U.S. are Georgia Institute of Technology, University of California
at Berkeley and Los Angeles
and University of
Illinois.
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