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Careersβ€ΊRolesβ€ΊIndustrial Economics Professor
Mid-Level

Industrial Economics Professor

How industries and firms actually behave, competition, pricing, market structure, regulation, is what you teach and research at the college level. Teaching how markets and firms really work.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
S
I
C
E
A
R
Socialhelping, teaching
Investigativeanalytical, curious
Based on Holland Code framework
Industries that often hire Industrial Economics Professors
Education Β· 100%
Job markets for Industrial Economics Professors
Employment concentration Β· ~51 areas
Based on employment in related occupations
Mapped SOC categories:
Education
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Industrial Economics Professor

The day tends to mix lectures, research, advising, and grading, set to the academic calendar, with your own publishing running alongside teaching. You'll move between the classroom, data, and writing. You're connecting economic theory to real industries, so the craft is in making abstract models explain markets students recognize β€” the research clock is long, the teaching one paced by terms.

The field rewards research as much as teaching, depending on the institution. Tenure-track positions are competitive, publishing pressure is constant, and the funding and prestige hierarchy in economics is real. Teaching loads vary, student preparation ranges widely, and the balance of theory and empirical work shifts by program. The career rewards patience and scholarly persistence, year after year.

The work rewards people who are analytical, curious about industry, and energized by ideas β€” who enjoy both rigorous research and shaping how students think. If you want hands-on business work or fast results, academia's slow pace may chafe. But for those drawn to understanding and teaching how the economy really functions, the work can be deeply engaging.

What people in this role value
AchievementHigh
IndependenceAbove avg
RecognitionAbove avg
Working ConditionsAbove avg
RelationshipsModerate
SupportLower
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Financial Services$96K+59%
Energy & Utilities$92K+53%
Professional Services$91K+50%
Technology & Information$87K+44%
Wholesale & Distribution$66K+10%
Compared to Education average across all industries
1 BLS OEWS May 2024 covers all Industrial Economics Professors (SOC 25-1063.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Education β†’
Industrial Economics ProfessorFinance ProfessorMarketing ProfessorAccounting ProfessorHealth Economics ConsultantHealthcare Economics AnalystHealthcare Economics ConsultantAgricultural Economics ProfessorEconometrics ProfessorEconomics Faculty MemberLabor Economics ProfessorEconomics Adjunct ProfessorAdjunct Economics InstructorIndustrial Economics TeacherEconomics Assistant ProfessorAgricultural Economics Teacher
Exploring the Industrial Economics Professor career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$58K–$217K
Salary Range
10th – 90th percentile
12K
U.S. Employment
+2.1%
10yr Growth
1K
Annual Openings

How this category is changing

$74K$72K$69K$67K$65K201920202021202220232024$65K$74K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

SpeakingReading ComprehensionInstructingWritingActive ListeningCritical ThinkingLearning StrategiesActive LearningJudgment and Decision MakingComplex Problem Solving
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
25-1063.00

Explore related roles

Roles with similar work and overlapping career paths

midFinance Professor$109KmidMarketing Professor$97KmidAccounting Professor$97KmidHealth Economics Consultant$115KmidHealthcare Economics Analyst$115KmidHealthcare Economics Consultant$115K
View all Education roles β†’

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.