Darden | Mr. Tech To MBB
GMAT 710, GPA 2.4
Stanford GSB | Ms. Education Reform
GRE 331 (Practice), GPA 2.92
Wharton | Mr. Investment Associate
GMAT 700, GPA 3.67
Kellogg | Ms. Public School Teacher
GRE 325, GPA 3.93
Harvard | Mr. Hedge Fund
GMAT 740, GPA 3.8
INSEAD | Mr. Future In FANG
GMAT 650, GPA 3.5
Berkeley Haas | Mr. Army Officer
GRE 325, GPA 3.9
Harvard | Mr. Italian In Tokyo
GMAT (710-740), GPA 4.0
Kellogg | Mr. IDF Commander
GRE Waved, GPA 3.0
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Berkeley Haas | Mx. CPG Marketer
GMAT 750, GPA 3.95
Yale | Mr. Healthcare Geek
GMAT 680, GPA 3.5
USC Marshall | Mr. Low GPA High GMAT
GMAT 740, GPA 2.44
Berkeley Haas | Ms. Against All Odds
GMAT 720, GPA 2.9
Harvard | Mr. MedTech Startup
GMAT 740, GPA 3.80
GMAT -, GPA 2.9
Chicago Booth | Mr. Consulting Hopeful
GMAT 720, GPA 3.6
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Wharton | Mr. Senior Analyst
GMAT 750, GPA 3.2
Stanford GSB | Mr. Future VC
GMAT 750, GPA 3.6
Stanford GSB | Ms. Access To Opportunities
GRE 318, GPA 2.9
Tuck | Mr. Product Marketer
GMAT 730, GPA 3.1
Wharton | Ms. Finance For Good
GMAT 730, GPA 3.7
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
London Business School | Mr. Midwest Engineer
GMAT 750, GPA 3.69

Booth Dean Made Over $700K in 2010

In his last year as dean of the University of Chicago’s Booth School of Business, Edward Snyder pulled down base compensation of $702,606, according to the Yale Daily News. A reporter for the student newspaper pulled the salary for Snyder, now dean of Yale’s School of Management, from the University of Chicago’s 2010 tax filings.

The Yale Daily News reported today (April 10) that at Chicago Snyder made more money than either the provost of Yale University or any dean of one of its numerous colleges. The highest paid dean at Yale in 2010 was School of Medicine Dean Robert Alpern, who earned $647,949. University President Richard Levin and Provost Peter Salovey made $1,042,049 and $522,544, respectively, according to the paper.

Based on Snyder’s formidable achievements at Chicago’s business school over a nine-year stint as dean, he was a bargain. Snyder helped guide Booth to three consecutive first place showings in BusinessWeek’s influential MBA rankings. Most importantly, he reeled in the largest gift ever made to a business school–$300 million from alumnus David Booth. The gift also was the largest donation ever received by the University of Chicago. Snyder doubled the school’s endowed faculty chairs and tripled its student scholarships. All told, he has been the world’s most accomplished business school dean of the past dozen years.

It’s not clear how much Yale University is paying him to be dean of its School of Management. “Though Snyder declined to say whether his current salary at SOM surpasses $700,000, he said he is “probably [Yale’s] highest paid dean,” according to the newspaper.

Snyder’s pay was well above the average for a business school dean, but those averages include a wide range of business schools which tends to be on the low side for more prominent schools. According to the Association to Advance Collegiate Schools of Business’s (AACSB) 2010-2011 survey of compensation, the average salary for a dean was only $218,900 in 2010. For business school deans paid at the 75th percentile, the average salary was $262,400.

In contrast, the new dean of the University of Minnesota’s Carlson School, Srilata A. Zaheer, is making $480,000 a year. The new dean at the University of Iowa’s Tippie College of Business, Sarah Gardial, is making $380,000 a year.


About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.