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Salary Range of a Teacher in Private Schools With an MBA

by Rick Suttle

Parents sometimes send their children to private schools for high quality educations and closer personal instruction, as classroom sizes are often smaller in private schools. Private school teachers with MBAs plan lessons and instruct students on various subjects as other teachers do. Because of their business education or experience, they may be more qualified to teach courses such as accounting, finance and statistics. Your salary as a private school teacher with an MBA will vary depending on the state or district in which you work.

Salary Between $45,000 and $50,000

The average salary of a private school teacher with an MBA was $47,000 as of 2014, according to the job site Simply Hired. To become a private school teacher, you need the minimum of a bachelor's degree in elementary or secondary education, depending on the grade level you teach. Although your MBA, or master's in business administration, is not an education degree, it may qualify you for private school teaching jobs, especially in school districts that suffer from teacher shortages. Other essential requirements for this job are creativity and patience and communication and instructional skills.

Top Pay in D.C.

In 2014, average salaries for private teachers with MBAs varied most significantly in the South region, according to Simply Hired, where they earned the highest salaries of $74,000 in Washington, D.C., and the lowest salaries of $36,000 in Mississippi. If you were a private school teacher with an MBA in Maine or New York, you would earn $42,000 or $57,000, respectively -- the lowest and highest salaries in the Northeast. You would average $37,000 in Montana or $53,000 in Alaska or California, which were the lowest and highest salaries in the West. Private school teachers with MBAs in the Midwest made $36,000 to $50,000, with the lowest salaries in South Dakota and the highest in Minnesota.

MBA Degree Worth $7,000

While private school teachers with MBAs earned $47,000 in 2014, Indeed reported average annual salaries of $40,000 for all private school teachers during the same year. In comparison, average annual salaries for elementary school teachers were $56,130 as of May 2012, according to the Bureau of Labor Statistics. High school teachers averaged $57,770 annually, based on 2012 BLS data. Private schools are often smaller than public schools and likely have limited budgets, which is why they may pay lower salaries.

Average Job Growth

The BLS projects a 17 percent increase in jobs for kindergarten and elementary school teachers, including private school teachers, from 2010 to 2020, which is statistically average compared to the 14 percent national growth rate for all occupations. Increasing enrollments and lower student-teacher ratios should drive job growth for all kindergarten and elementary school teachers. The BLS expects only a 7 percent growth rate for high school teachers through 2020 -- a below-average growth rate.

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