Varouj Aivazian

$444,490.45asProfessor, Department of Economics

Employed by University Of Toronto in 2025, according to Government of Ontario public salary records.

Salary Information

Historical salary and taxable benefits from 1996 to 2025.

YearPositionSalaryBenefitsPerformance
2025
Professor, Department of Economics
$444,490.45
9.29%
2024
Professor, Department of Economics
$406,700.04
11.5%
2023
Professor, Department of Economics
$459,543.06
8.56%
2022
Professor, Department of Economics
$423,294.97
0.67%
2021
Professor, Department of Economics
$426,129.54
0.29%
2020
Professor, Department of Economics
$424,892.33
1.07%
2019
Professor of Economics
$420,413.81
10.11%
2018
Professor of Economics
$381,813.27
13.47%
2017
Professor of Economics
$441,261.26
4.98%
2016
Professor of Economics
$420,348.16
$238.59
2.25%
2015
Professor Of Economics
$411,081.50
$283.14
13.31%
2014
Professor of Economics
$474,185.50
$306.00
17.36%
2013
Professor and Chair of Economics
$404,051.02
$306.00
10.7%
2012
Professor and Chair of Economics
$364,989.98
$306.00
3.7%
2011
Professor and Chair of Economics
$379,021.63
$306.00
6.65%
2010
Professor and Chair of Economics
$406,024.09
$489.18
23.25%
2009
Professor and Chair of Economics
$329,429.49
$672.36
10.49%
2008
Professor/Chair, Economics
$298,145.04
$672.36
17.48%
2007
Professor/Chair, Economics
$253,781.96
$672.36
7.47%
2006
Professor & Chair of Economics
$236,137.49
$709.80
19.2%
2005
Professor/Chair, Economics
$198,104.05
$788.82
1.53%
2004
Professor/Chair, Economics
$195,118.12
$875.10
6.5%
2003
Prof. & Chair, Economics
$183,202.32
$708.00
12.28%
2002
Professor & Assistant Chair of Economics
$163,161.02
$686.52
12.24%
2001
Professor & Assistant Chair, Economics
$145,367.03
$658.28
0.37%
2000
Professor & Assistant Chair of Economics
$145,913.00
$641.04
9.88%
1999
Professor of Economics
$132,787.56
$631.80
5.39%
1998
Professor of Economics
$125,993.34
$621.31
5.41%
1996
Professor of Economics
$119,527.00
$603.00

Varouj Aivazian earned $444,490.45 as Professor, Department of Economics at University Of Toronto in 2025, according to the Ontario Sunshine List. This represents a 9.29% increase over the previous year's reported salary. Varouj Aivazian has appeared on the Ontario Sunshine List 29 times between 1996 and 2025, with reported earnings peaking at $474,185.50 in 2014. University Of Toronto reports under the Universities sector of Ontario's public sector salary disclosure.

Top earning Professor, Department of Economicss in University Of Toronto

NameSalary
Varouj Aivazian$444,490.45
Philip Oreopoulos$405,902.10
Xianwen Shi$354,276.59
Gueorgui Kambourov$339,146.95
Eduardo Augu Souza Rodrigues$284,727.60

Other employees at University Of Toronto

NameSalary
Jan Mahrt-Smith
Associate Professor of Finance
$452,481.52
Yeheskel (Heski) Bar-Isaac
Professor of Economic Analysis and Policy
$452,075.42
Cristina Amon
Professor of Mechanical and Industrial Engineering
$447,724.98
David Zweig
Professor of Management and Vice-Dean Recruitment, Enrolment and Student Success
$447,529.08
Abraham Iqbal
Associate Professor, Teaching Stream, Department of Management
$446,623.37
Victor Aguirregabiria
Professor of Economics
$444,419.02
Andrey Golubov
Associate Professor of Finance
$443,371.50
Brenda Cossman
Professor of Law and Associate Dean, Research
$443,319.54
Qing Wang
Associate Professor of Finance
$443,180.58
Dushyantkuma Vyas
Associate Professor, Department of Management
$442,483.48