Average Professor - Business Administration Salary in Mexico for 2024

In this article, we will look at the average Professor - Business Administration salary for 2024 in Mexico and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Professor - Business Administration Make in Mexico?

A Professor - Business Administration working in Mexico will typically earn around 574,200 MXN per year, and this can range from the lowest average salary of about 312,400 MXN to the highest average salary of 868,400 MXN.

Average Annual Salary
574,200 MXN
Average Monthly Salary
47,850 MXN

Lowest Annual Salary
312,400 MXN
Lowest Monthly Salary
26,033 MXN

Highest Annual Salary
868,400 MXN
Highest Monthly Salary
72,366 MXN

These are average salaries for a Professor - Business Administration in Mexico and include benefits such as housing and transport. It's also possible for a Professor - Business Administration to earn more or less than the average salaries shown above.

Professor - Business Administration salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Professor - Business Administration Salaries in Mexico

So we've looked at the average salaries a Professor - Business Administration will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Professor - Business Administration can earn between 312,400 MXN and 868,400 MXN on average in Mexico. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Professor - Business Administration in Mexico is 528,600 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 528,600 MXN, and 50% of the population earn more than 528,600 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Professor - Business Administration salary in Mexico, 25% of the population are earning less than 378,300 MXN while 75% of the population earn more than 378,300 MXN.

75% of the population earn less than 642,800 MXN, and 25% of the population earn more than 642,800 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Professor - Business Administration Salary by Experience Level in Mexico

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average professor - business administration salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Professor - Business Administration in Mexico that has less than two years of experience can expect to earn somewhere in the region of 362,200 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Professor - Business Administration salary would increase to 454,900 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Professor - Business Administration, the average salary would be 600,000 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 707,600 MXN.
  • 15 - 20 Years Experience. A Professor - Business Administration with 15 to 20 years of experience can earn an average of 781,200 MXN.
  • 20+ Years Experience. For a Professor - Business Administration with more than 20 years, the expected average salary increases to 832,000 MXN.

Average Salary by Experience Chart

0-2 Years
362,200 MXN
2-5 Years +26%
454,900 MXN
5-10 Years +32%
600,000 MXN
10-15 Years +18%
707,600 MXN
15-20 Years +11%
781,200 MXN
20+ Years +6%
832,000 MXN

Professor - Business Administration Salary by Education Level in Mexico

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Professor - Business Administration in Mexico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Master's Degree. A Professor - Business Administration in Mexico with a master's degree education can earn an average salary of 431,300 MXN.

  • PhD. A Professor - Business Administration in Mexico with a phd education can earn an average salary of 714,600 MXN.

Average Salary by Education Chart

Master's Degree
431,300 MXN
PhD +64%
714,600 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Professor - Business Administration Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mexico, a male professor - business administration will earn an average of 592,600 MXN, while a female professor - business administration will earn around 547,800 MXN.

This means that a male professor - business administration earns approximately 8% more than a female professor - business administration for performing the same job.

Average Salary by Gender Chart in Mexico

Male
592,600 MXN
Female -8%
547,800 MXN

Professor - Business Administration Average Pay Raise in Mexico

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Professor - Business Administration in Mexico is around 11% every 20 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 20 ) × 12  = 7%

What this means is that a Professor - Business Administration in Mexico can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Professor - Business Administration Bonus and Incentive Rates in Mexico

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Professor - Business Administration is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Received Bonus
51%
No Bonus
49%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector
415,900 MXN
Private Sector -8%
384,200 MXN

Salaries for Jobs Similar to a Professor - Business Administration

In the table below, we have salary information for jobs that are similar to a Professor - Business Administration in Mexico.

Job Title Category Salary
Academic Advisor Teaching / Education 424,900 MXN
Academic Assistant Teaching / Education 294,700 MXN
Academic Coach Teaching / Education 437,900 MXN
Academic Librarian Teaching / Education 288,700 MXN
Academic Manager Teaching / Education 501,400 MXN
Academic Specialist Teaching / Education 357,300 MXN
Academic Staff Teaching / Education 319,600 MXN
Accompanist Teaching / Education 344,600 MXN
Achievement Coach Teaching / Education 436,200 MXN
Admissions Specialist Teaching / Education 386,400 MXN
Agricultural Sciences Teacher Teaching / Education 318,800 MXN
Anthropology Teacher Teaching / Education 325,900 MXN
Arabic Language Teacher Teaching / Education 315,900 MXN
Archeology Teacher Teaching / Education 352,000 MXN
Architecture Teacher Teaching / Education 357,700 MXN
Archivist Teaching / Education 286,400 MXN
Art Teacher Teaching / Education 301,600 MXN
Assistant School Principal Teaching / Education 415,900 MXN
Assistant Teacher Teaching / Education 299,500 MXN
Biochemistry Professor Teaching / Education 596,800 MXN
Biology Teacher Teaching / Education 340,000 MXN
Bursary Scheme Manager Teaching / Education 394,300 MXN
Business Teacher Teaching / Education 353,600 MXN
Careers Advisor Teaching / Education 417,100 MXN
Careers Consultant Teaching / Education 409,000 MXN
Chemistry Teacher Teaching / Education 335,800 MXN
Child Care Coordinator Teaching / Education 325,600 MXN
Child Care Worker Teaching / Education 273,300 MXN
Childcare Worker Teaching / Education 275,800 MXN
Classroom Assistant Teaching / Education 263,900 MXN
Clinical School Psychologist Teaching / Education 467,700 MXN
College Aide Teaching / Education 397,900 MXN
College and Career Readiness Specialist Teaching / Education 440,200 MXN
College Dean Teaching / Education 790,600 MXN
College President Teaching / Education 743,300 MXN
Communications Teacher Teaching / Education 341,900 MXN
Community Education Officer Teaching / Education 282,300 MXN
Computer Science Teacher Teaching / Education 308,900 MXN
Computer Teacher Teaching / Education 315,900 MXN
Creative Writing Trainer Teaching / Education 384,200 MXN
Credit Counselor Teaching / Education 407,300 MXN
Cultural Studies Teacher Teaching / Education 320,500 MXN
Curriculum Coordinator Teaching / Education 396,300 MXN
Curriculum Developer Teaching / Education 454,900 MXN
Curriculum Specialist Teaching / Education 442,300 MXN
Dean of Faculty Teaching / Education 767,500 MXN
Demonstrator Teaching / Education 312,400 MXN
Deputy Controller of Examinations Teaching / Education 417,100 MXN
Director of Learning Technology Teaching / Education 454,900 MXN
Distance Learning Coordinator Teaching / Education 369,900 MXN
Economics Lecturer Teaching / Education 581,300 MXN
Economics Teacher Teaching / Education 351,900 MXN
Education Administrator Teaching / Education 385,300 MXN
Education Assistant Teaching / Education 301,700 MXN
Education Assistant Director Teaching / Education 440,200 MXN
Education Assistant Librarian Teaching / Education 261,300 MXN
Education Assistant Principal Teaching / Education 372,600 MXN
Education Assistant Professor Teaching / Education 480,600 MXN
Education Associate Teaching / Education 320,500 MXN
Education Consultant Teaching / Education 397,900 MXN
Education Consultant Teaching / Education 467,700 MXN
Education Coordinator Teaching / Education 363,000 MXN
Education Counselor Teaching / Education 377,200 MXN
Education Director Teaching / Education 592,200 MXN
Education Program Specialist Teaching / Education 437,300 MXN
Education Researcher Teaching / Education 466,300 MXN
Education Resource Specialist Teaching / Education 367,900 MXN
Education Services Facilitator Teaching / Education 401,300 MXN
Educational Psychologist Teaching / Education 510,200 MXN
EFL Teacher Teaching / Education 354,000 MXN
eLearning Trainer Teaching / Education 297,000 MXN
Elementary School Teacher Teaching / Education 279,400 MXN
Engineering Lecturer Teaching / Education 566,900 MXN
Engineering Teacher Teaching / Education 480,300 MXN
English Teacher Teaching / Education 322,600 MXN
ESL Teacher Teaching / Education 345,100 MXN
Faculty Assistant Teaching / Education 424,900 MXN
Foreign Language Teacher Teaching / Education 288,700 MXN
GED Teacher Teaching / Education 308,300 MXN
Geography Teacher Teaching / Education 327,300 MXN
Head of Mathematics Department Teaching / Education 459,700 MXN
Head of School Teaching / Education 533,100 MXN
High School Teacher Teaching / Education 381,800 MXN
History Teacher Teaching / Education 341,400 MXN
Infant Teacher Teaching / Education 246,500 MXN
Instructional Assistant Teaching / Education 351,200 MXN
Instructor Teaching / Education 369,900 MXN
Kindergarten Teacher Teaching / Education 263,100 MXN
Language Instructor For Expatriate Teaching / Education 288,100 MXN
Law Teacher Teaching / Education 487,600 MXN
Learning Designer Teaching / Education 413,900 MXN
Lecturer Teaching / Education 541,700 MXN
Librarian Teaching / Education 288,100 MXN
Library Assistant Teaching / Education 214,000 MXN
Library Director Teaching / Education 407,300 MXN
Library Specialist Teaching / Education 282,500 MXN
Library Technician Teaching / Education 261,300 MXN
Life Sciences Teacher Teaching / Education 339,100 MXN
Math Lecturer Teaching / Education 625,000 MXN
Math Teacher Teaching / Education 367,200 MXN
Mathematics Teacher Teaching / Education 359,900 MXN
Mentor Teaching / Education 361,600 MXN
Middle School Teacher Teaching / Education 344,600 MXN
Music Teacher Teaching / Education 313,700 MXN
Nursery Manager Teaching / Education 504,500 MXN
Nursery Worker Teaching / Education 195,200 MXN
Paraprofessional Teaching / Education 436,200 MXN
Physical Education Specialist Teaching / Education 372,600 MXN
Physical Education Teacher Teaching / Education 307,400 MXN
Physics Teacher Teaching / Education 354,000 MXN
Political Science Teacher Teaching / Education 341,400 MXN
Post Doctoral Researcher Teaching / Education 541,700 MXN
Preschool Education Administrator Teaching / Education 384,500 MXN
Preschool Teacher Teaching / Education 265,000 MXN
Primary School Teacher Teaching / Education 301,300 MXN
Principal Teaching / Education 491,000 MXN
Product Specialist Teaching / Education 366,200 MXN
Professor - Accounting Teaching / Education 590,200 MXN
Professor - Architecture Teaching / Education 623,700 MXN
Professor - Biology Teaching / Education 566,900 MXN
Professor - Chemical Engineering Teaching / Education 656,800 MXN
Professor - Chemistry Teaching / Education 606,400 MXN
Professor - Civil Engineering Teaching / Education 585,900 MXN
Professor - Communication Teaching / Education 545,300 MXN
Professor - Computer Science Teaching / Education 596,800 MXN
Professor - Dentistry Teaching / Education 648,200 MXN
Professor - Drama Teaching / Education 559,000 MXN
Professor - Economics Teaching / Education 628,000 MXN
Professor - Education Teaching / Education 580,600 MXN
Professor - Electrical Engineering Teaching / Education 627,900 MXN
Professor - English Teaching / Education 592,200 MXN
Professor - Environmental Engineering Teaching / Education 595,300 MXN
Professor - Foreign Languages Teaching / Education 575,100 MXN
Professor - Geological Sciences Teaching / Education 618,800 MXN
Professor - History Teaching / Education 588,500 MXN
Professor - Industrial Engineering Teaching / Education 605,700 MXN
Professor - Law Teaching / Education 615,300 MXN
Professor - Legal Support Teaching / Education 572,200 MXN
Professor - Liberal Arts Teaching / Education 620,300 MXN
Professor - Marketing Teaching / Education 581,300 MXN
Professor - Mathematics Teaching / Education 638,700 MXN
Professor - Mechanical Engineering Teaching / Education 646,600 MXN
Professor - Medical Administration Teaching / Education 615,000 MXN
Professor - Medicine Teaching / Education 719,100 MXN
Professor - Music Teaching / Education 568,500 MXN
Professor - Nursing Teaching / Education 552,400 MXN
Professor - Pharmaceutical Sciences Teaching / Education 603,400 MXN
Professor - Philosophy Teaching / Education 571,300 MXN
Professor - Physical Therapy Teaching / Education 625,000 MXN
Professor - Physics Teaching / Education 672,600 MXN
Professor - Psychology Teaching / Education 571,300 MXN
Professor - Rehabilitation Teaching / Education 555,800 MXN
Professor - Social Work Teaching / Education 565,100 MXN
Professor - Sociology Teaching / Education 582,700 MXN
Professor - Special Education Teaching / Education 615,300 MXN
Psychology Teacher Teaching / Education 516,100 MXN
Public Management Assistant Professor Teaching / Education 493,000 MXN
School Counselor Teaching / Education 442,300 MXN
Science Educator Teaching / Education 332,500 MXN
Science Laboratory Assistant Teaching / Education 296,000 MXN
Science Teacher Teaching / Education 345,100 MXN
Secondary Mathematics Teacher Teaching / Education 361,600 MXN
Secondary School Teacher Teaching / Education 332,100 MXN
Special Education Teacher Teaching / Education 339,100 MXN
Special Needs Assistant Teaching / Education 272,800 MXN
Statistics Lecturer Teaching / Education 574,200 MXN
Student Accounts Coordinator Teaching / Education 313,700 MXN
Student Development Specialist Teaching / Education 407,100 MXN
Student Employment Specialist Teaching / Education 365,400 MXN
Student Services Teaching / Education 294,300 MXN
Student Services Coordinator Teaching / Education 309,800 MXN
Student Support Manager Teaching / Education 385,300 MXN
Substitute Teacher Teaching / Education 263,100 MXN
Teacher Teaching / Education 308,900 MXN
Teacher Aide Teaching / Education 257,700 MXN
Teacher Trainer Teaching / Education 392,300 MXN
Teaching Assistant Teaching / Education 265,000 MXN
TEFL Teacher Teaching / Education 341,400 MXN
Training and Development Specialist Teaching / Education 447,300 MXN
Training Coordinator Teaching / Education 294,700 MXN
Tutor Teaching / Education 335,800 MXN
University Teacher Teaching / Education 600,000 MXN
Vocational Education Teacher Teaching / Education 335,100 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Acapulco 712,100 MXN
Acuna 535,800 MXN
Aguascalientes 704,300 MXN
Boca del Rio 464,900 MXN
Buenavista 522,700 MXN
Campeche 578,500 MXN
Cancun 674,100 MXN
Celaya 592,600 MXN
Chalco 504,500 MXN
Chetumal 518,300 MXN
Chicoloapan 525,700 MXN
Chihuahua 752,600 MXN
Chilpancingo 548,500 MXN
Chimalhuacan 675,100 MXN
Cholula de Rivadabia 510,300 MXN
Ciudad Apodaca 639,900 MXN
Ciudad del Carmen 493,000 MXN
Ciudad Juarez 493,000 MXN
Ciudad Lopez Mateos 681,500 MXN
Ciudad Obregon 619,800 MXN
Ciudad Santa Catarina 619,000 MXN
Ciudad Valles 483,400 MXN
Ciudad Victoria 608,500 MXN
Coacalco 597,800 MXN
Coatzacoalcos 562,600 MXN
Colima 472,000 MXN
Cordoba 504,400 MXN
Cuautitlan Izcalli 670,600 MXN
Cuautla 485,300 MXN
Cuernavaca 639,100 MXN
Culiacan 746,600 MXN
Delicias 450,300 MXN
Durango 699,700 MXN
Ecatepec de Morelos 710,500 MXN
Ensenada 620,300 MXN
Fresnillo 475,700 MXN
General Escobedo 615,700 MXN
Gomez Palacio 572,200 MXN
Guadalajara 712,100 MXN
Guadalupe 665,300 MXN
Guaymas 442,300 MXN
Hermosillo 710,500 MXN
Hidalgo del Parral 442,200 MXN
Iguala 436,200 MXN
Irapuato 649,700 MXN
Ixtapaluca 605,700 MXN
Jiutepec 498,500 MXN
La Paz 552,400 MXN
Leon 739,500 MXN
Los Mochis 596,800 MXN
Los Reyes la Paz 585,900 MXN
Manzanillo 491,000 MXN
Matamoros 628,000 MXN
Mazatlan 632,400 MXN
Merida 677,100 MXN
Metepec 563,300 MXN
Mexicali 699,700 MXN
Mexico City 778,900 MXN
Minatitlan 430,000 MXN
Monclova 576,500 MXN
Monterrey 725,700 MXN
Morelia 698,200 MXN
Naucalpan 743,300 MXN
Navojoa 431,300 MXN
Nezahualcoyotl 735,500 MXN
Nogales 529,600 MXN
Nuevo Laredo 639,900 MXN
Oaxaca 547,800 MXN
Ojo de Agua 587,800 MXN
Orizaba 460,500 MXN
Pachuca 592,600 MXN
Piedras Negras 501,400 MXN
Playa del Carmen 491,000 MXN
Poza Rica 528,500 MXN
Puebla 719,100 MXN
Puerto Vallarta 538,600 MXN
Queretaro 717,900 MXN
Reynosa 669,100 MXN
Salamanca 504,300 MXN
Saltillo 718,000 MXN
San Cristobal de las Casas 525,700 MXN
San Juan del Rio 480,600 MXN
San Luis Potosi 680,100 MXN
San Luis Rio Colorado 519,300 MXN
San Nicolas de los Garza 663,100 MXN
San Pablo de las Salinas 510,000 MXN
San Pedro Garza Garcia 453,200 MXN
Soledad de Graciano Sanchez 583,000 MXN
Tampico 581,000 MXN
Tapachula 518,900 MXN
Tehuacan 562,600 MXN
Tepic 597,800 MXN
Tijuana 721,600 MXN
Tlalnepantla de Baz 675,100 MXN
Tlaquepaque 649,700 MXN
Toluca 681,500 MXN
Tonala 632,400 MXN
Torreon 649,700 MXN
Tuxtla Gutierrez 669,100 MXN
Uruapan 568,500 MXN
Veracruz 615,300 MXN
Villa Nicolas Romero 572,200 MXN
Villahermosa 643,800 MXN
Xalapa 632,400 MXN
Xico 649,700 MXN
Zacatecas 459,300 MXN
Zamora de Hidalgo 459,700 MXN
Zapopan 746,600 MXN

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