- To become a college president, it takes years of experience and lots of work within the education field.
- According to the Deloitte study, they are strategists, storytellers, fundraisers, collaborators, communicators, orators, and academically sound.
- The average College President’s salary in the United States is $274,213. The range falls between $206,439 and $383,905 usually.
The college president is the leader of a college or university. A professional capable of transforming institutions with new skills and capabilities, handling a problem and addressing the new era of student activism gets honored as president by the university board and search committees.
To pursue a career as a college president, a doctorate in education, economics, or a related field and gaining higher education leadership programs is preferred. Above all, you should have an inclination toward meeting hundreds of people, promoting novel concepts, influencing the lives and future of countless students. It should be your forte.
There is no short route to become a university president. It takes ample work and years of experience within the field of education. The average age of a university president was sixty-one. More than half of presidents were over the age of sixty, the American Council on Education study reports.
How to become a college president: Education and career path
Generally, the career path to becoming a president would be from being a professor or administrative staff to co-president or provosts. Serving as a provost is a clear stepping stone to become a president. However, many deans acquire the job straight away.
As a professor, you may be overseeing a specific academic unit. Then you have to get promoted as head of the department or work in another leadership role to apply for the top position as president. An administrative position will help you understand the operations of the university at the executive level, develop skills and handle the top job. The academic positions include provost, associate dean of student services, associate dean of admissions, co-president or provost.
To summarize, apart from educational qualities, the president must meet the evolving demands of higher education leadership qualities. The college seeks intentional training for their would-be president. The presidents have diversified work experience to gain leadership opportunities.
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Fortunately, Global Fellow Program in Higher Education Management is curated for leadership. It would be the right choice to gain additional knowledge which would help direct you with:
- the business and financial affairs,
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Being a college president, you have multiple roles to play. According to the Deloitte study, they are strategists, storytellers, fundraisers, collaborators, communicators, orators, and academically sound. The president oversees the academic administrators, takes decisions regarding the university’s mission, budget, curriculum, policies, plans, and, etc.
With this, let’s move forward and know about the salary and prospects of becoming a president.
Salary of a university president
The pay for university presidents has dramatically increased over the last several years, The Chronicle of Higher Education reports.
According to PayScale:
- An early career President with 1-4 years of experience earns an average total compensation of $125,126.
- A mid-career President with 5-9 years of experience earns an average total compensation of $150,002.
- An experienced president with 10-19 years of experience earns an average total compensation of $147,427.
- In their late career, employees earn an earns an the average total compensation of $189,320.
According to salary.com:
The average College President’s salary in the United States is $274,213. The range falls between $206,439 and $383,905 usually.
As per the most recently available data, the outgoing president of Bryant University and Johnson and Wales University were the highest-compensated private college leaders. Bryant President Ronald Machtley topped the list at $6.28 million. Machtley is set to retire at the end of this year 2020.
The university president remains a linchpin in the entire chain and the education administrators’ job will grow further. Volunteer your time and achieve great things. It is best to start leadership opportunities early in the career and expand your horizon from your inner-self and for the organization as well to embark on this powerful journey.