CFOs Do Well in Academia

If you're thinking the CFO track is for you, here's an interesting factoid: CFOs at private U.S. colleges are making a lot of money, benefiting from a nearly 14 percent median increase between 2003 and 2005. According to the Chronicle of Higher Education:

A Chronicle survey of 103 private doctoral institutions shows that between the 2003 and 2005 fiscal years, the median compensation package for the top financial position, which includes such titles as vice president for business and finance and vice president for business and administration, rose 13.8 percent, to $258,581.

College CFO's Outpace Other Leaders in Pay Raises [Chronicle of Higher Ed - Subscription]