Director of Finance – ITT Technical Institute: Salary Overview
The Director of Finance position at ITT Technical Institute was a senior leadership role responsible for overseeing the financial health and stability of the institution. Given the closure of ITT Tech in 2016, this role no longer exists, and therefore there is no current salary data. However, we can examine estimated compensation based on similar roles in the for-profit education sector prior to its closure.
Estimating the salary for a Director of Finance at ITT Technical Institute requires considering several factors. These include:
- Experience: Senior financial roles typically command higher salaries based on years of experience in the field.
- Location: Salaries fluctuate significantly based on geographic location. ITT Tech had campuses across the United States, and the cost of living in each area would impact compensation.
- Size of Institution: While ITT Tech was a large organization, the specific size and budget managed by the Director of Finance would influence the salary.
- Industry Standards: For-profit education institutions often had compensation structures that differed from those in the public or non-profit sectors.
Based on available data and industry comparisons from the period prior to ITT Tech’s closure, the estimated salary range for a Director of Finance could have been between $120,000 to $180,000 annually. This range is an estimation and could vary depending on the factors mentioned above. Benefits packages, including health insurance, retirement plans, and paid time off, would have also been part of the overall compensation.
It is important to note that this is just an estimate. Data on specific salaries within ITT Technical Institute prior to its closure is not readily available. General salary surveys for finance directors and comparable roles provide a basis for this estimate, but the actual compensation could have been different.
The for-profit education sector has changed significantly since ITT Tech’s closure. Current salary expectations for finance directors in similar institutions should be researched using up-to-date sources like salary websites (e.g., Salary.com, Glassdoor) and industry reports focusing on educational finance roles.
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