I recently saw a listing of professor salaries at various departments in Stanford. I found that the folks at GSB earn significantly more than what other Dept. people do. This is the motivation for my question:
How different are B-school professors? Many of them work on areas that lie on the intersection of Operations/CS/Economics/Applied Math. But why do they enjoy a greater pay (if at all they do)?
Are industry contacts available easier for B-school faculty when compared with engineering or science department professors? What sort of projects do B-school professors work on in collaboration with the industry? How is the pay-sharing deal between the industry, the prof and the university worked out?
How different is teaching MBA students from engg. or science undergrad students? Does teaching MBA eat up more time or is more demanding than usual?