This study examined salary data for 9,845 college faculty in the field of business administration and management for both public and private institutions for the years 1995-1996 and 1998-1999. The study reflects data obtained from the 279 public and 386 private institutions that participated in both study years. The study found that the average faculty salary in business administration/management in public institutions was 16.3 percent higher than the average salary for faculty in all major fields in 1995-1996 and 20.9 percent higher than the average salary for faculty in all major fields in 1998-1999. It also found that the average faculty salary for private institutions was 19.5 percent higher than the average salary for faculty in all major fields in 1995-1996 and 18.8 percent higher than the average salary for faculty in all major fields in 1998-1999. For the study period, business administration and management faculty in public and private institutions received average annual salary increases of 2.5 percent and 1.7 percent, respectively, above the cost of living (as reflected by the Consumer Price Index). Three appendixes provide a list of disciplines and participating institutions. (MDM)