The Academic Job Search: Some Insights

into the Process

Garry AdamsGarry AdamsMike RyanMike Ryan

Marianne MillerMarianne MillerWendy KramerWendy Kramer

AOM Placement ServicesAOM Placement Services

OverviewOverview

Vital Statistics The Process

Academy InterviewsCampus InterviewsHelpful Hints

Questions

2014 AOM PlacementApplicants (applicants to jobs)

2014 – 579 (1.36)2013 – 663 (1.75)2012 – 948 (2.65)

Positions 2014 - 4272013 – 3792012 – 358 (as of 8/1/2014)

Applicants Registered on AOM2009 2010 2011 2012 2013 2014

Strategy 189 294 259 208 292 205

OB 177 286 288 187 230 157

HR 141 205 190 117 62 77

Int’l 99 284 44 98 77 49

Entrep. 142 173 166 143 128 129

OT 82 174 217 94 54 46

Managerial Jobs By Category(as of 8/1/2014)

Job Type Year - 2014 Applicant to Job Ratio

Year - 2013 Applicant to Job Ratio

Strategy 205 1.51 191 1.5

OB 157 1.82 127 1.8

HR 77 1.13 75 1.2

International 49 1.61 62 1.24

Entrepreneur 129 1.15 127 1.8

OT 46 1.59 46 .85

Entering the Academic Entering the Academic Job MarketJob Market

Grad StudentsGrad Students 0% Pre-comps0% Pre-comps10% Comps completed10% Comps completed22% Proposal accepted22% Proposal accepted23% Collecting data23% Collecting data31% Waiting to defend31% Waiting to defend 4% Dissertation defended4% Dissertation defended

The Process: First StepThe Process: First Step Creating Your VitaCreating Your Vita

Education & Degree ProgressEducation & Degree ProgressResearch Research

Published Published In ProgressIn Progress

Academic ActivitiesAcademic ActivitiesTeaching Experience & EvaluationsTeaching Experience & EvaluationsWork ExperienceWork ExperienceHonors & AwardsHonors & Awards

The Process: Step TwoThe Process: Step Two Self Assessment of Personal Self Assessment of Personal

Goals & PreferencesGoals & Preferences Excel Portfolio of Job Targets Excel Portfolio of Job Targets

(25/50/25 or 20/60/20)(25/50/25 or 20/60/20) Interviewing at National & Interviewing at National &

Regional ConferencesRegional Conferences Registering on Job SitesRegistering on Job Sites Practice Interviews/Job TalksPractice Interviews/Job Talks

Job PacketsJob Packets

Should include all of the basic Should include all of the basic info requested by departments info requested by departments (electronic or printed)(electronic or printed)

Cover Letter (vary by application)Cover Letter (vary by application) Vitae Vitae Dissertation OverviewDissertation Overview Other Writing SamplesOther Writing Samples Research PhilosophyResearch Philosophy Teaching Philosophy with EvaluationsTeaching Philosophy with Evaluations Separate Letters of Recommendation (vary by Separate Letters of Recommendation (vary by

application)application)

Sources for Academic Sources for Academic Position InformationPosition Information

AOMAOM Regional ConferencesRegional Conferences Chronicle of Higher EdChronicle of Higher Ed Higheredjobs.com Higheredjobs.com (328 Mngt, HR, (328 Mngt, HR,

Entrep., IB jobs on 8/1/14)Entrep., IB jobs on 8/1/14)

School/Discipline websitesSchool/Discipline websites International sites International sites (akadeus.com)(akadeus.com)

The Process: ConferencesThe Process: Conferences BeforeBefore

Contacting SchoolsContacting Schools Telephoning/Skype/Emailing Telephoning/Skype/Emailing Sending vita/job packetsSending vita/job packets Mock InterviewsMock Interviews

DuringDuringContacting RecruiterContacting Recruiter

TelephoningTelephoning Conference intranet/e-mailConference intranet/e-mail Meeting at sessions/social events/”Always On”Meeting at sessions/social events/”Always On”

The Process: ConferencesThe Process: Conferences

AOM Placement ServicesPlacement Interviews in

Philadelphia Marriott, 4th Floor, Franklin 1-12

Room 405 is Placement OfficeFriday Noon until Tuesday NoonFull Day Placement Office Hours

8 am – 5pm

Recruiters Decision to InterviewRecruiters Decision to Interview((Survey by Nancy McIntyre & Mary Jo Jackson)Survey by Nancy McIntyre & Mary Jo Jackson)

Degree Status – 86%Degree Status – 86%

Compatibility – 80%Compatibility – 80%

Teaching Experience – 77%Teaching Experience – 77%

Quality of Publications – 73%Quality of Publications – 73%

Reputation of Degree-granting Reputation of Degree-granting Institution/Advisor – 75%Institution/Advisor – 75%

Number of Publications – 54%Number of Publications – 54%

Gut Feeling – 53%Gut Feeling – 53%

Decision to Invite to CampusDecision to Invite to Campus

Applicant fit (87%)

Degree Status (85%)

Teaching Experience (84%)

Quality of publications (83%)

Compatibility to job opening (76%)

Reputation of degree-granting institution (72%)

Number of publications (68%)

“Gut” feeling (53%)

The Process: Campus VisitThe Process: Campus Visit

Interviews/Faculty MeetingsInterviews/Faculty Meetings PresentationsPresentations

ResearchResearchTeachingTeaching

Networking / SocializingNetworking / Socializing Two-Way Assessments of “Fit”Two-Way Assessments of “Fit”

The Job OfferThe Job Offer

Subjects for NegotiationSubjects for NegotiationSalarySalaryResearch support (81%)Research support (81%)Number of courses/prepsNumber of courses/preps

42% release time42% release timeTravel for Research/Conferences(94%)Travel for Research/Conferences(94%)Technology (70-80%)Technology (70-80%)Moving ExpensesMoving ExpensesSummer FundingSummer Funding

45% summer teaching45% summer teaching 71% summer research support71% summer research support

AASCB Salary Trends2009-2010 2010-2011 2011-2012 2012-2013 2013-2014

New PhD 105.7 112.3 100.1 105.7 114.1

Instructor 67.4 68.5 70 63.7 - 68.7 73.4 (69.7)

Assistant 104.4 108 106.8 102 - 116 111.8 (111.6)

Associate 84-120 90-125 110 - 118 119.4 (130.3)

Full 127-150 127-160 147 - 189 152 (173.3)

( ) is average salary for new hires at each level

Salary Trends – New HiresNew Doctorate Salaries by Field/Discipline ($’s in 000’s) Field/Discipline Mean 2013 Percent Change From 2012 Accounting/Taxation 151.1 6.0CIS/MIS 113.0 1.5Economics/Managerial Economics 91.1 3.3

Finance/Banking/Real Estate/Insurance 152.8 13.0 Management/Behavioral Science/International Business/Strategic Management 114.1 4.6

Marketing 124.3 11.2Production/Operations Management 115.9 -5.4 Quantitative Methods/Operations Research/Statistics 122.4 24.0 Combined (All fields/disciplines, including fields/disciplines not listed above) 124.4 17.7

Helpful Hints Be realistic about constraints &

deadlines when evaluating offersBe comprehensive when negotiating,

and get it in writingBe careful playing offers against each

other Be open with significant others about

the decision-making processUnderstand the impact of salary

compression

Helpful Hints Do your homework on faculty,

department & university Practice interviewsDiscuss your preferences & options

with family & advisorsWatch what you say and do

(manage perceptions)Ask about research & tenure

expectations

Placement Coaches New Service for Job Candidates Effort to Apply Our Experience to

Improve Candidate Preparation Willingness to Help

Candidates with C.V. / Job Process Question

Candidates with Unique Circumstances

Assistance With Other Questions or Issues

Questions?Questions?