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					The Academic Job Market
Jonathan O’Brien
University College Dublin
PowerPoint Presentation by Charlie Cook

Academic Job Market & Signaling


Schools care about 3 things
 Research, teaching, collegiality  Weights vary across schools



Problem of asymmetric information:
possesses private information about their abilities  Potential employer cannot directly observe abilities, so they observe correlates (signals)


 Candidate

LoRs, institutional reputation, evaluations, publications



Your goal: Send favourable and reliable signals
 Departments

want to avoid hiring “lemons”

Timeline
July-August AOM interviews: •Prep application packet •Monitor job announcements •Submit applications •AOM interviews September-January Prep application packet: • Job market paper, LORs, Vita •Enter INFORMS competition •Monitor announcements •Submit applications & monitor •Schedule campus visits •Develop/practice talk November-March •Campus visits •Offers •Negotiation

Should I Interview at Academy?


Pros
 Increasing



Cons


number of (good) schools interviewing  Favorable impression


Risky


Negative impression may be more lasting than a good one



Time consuming

Convert to campus visit

 Practice  Learning/screening



Alternative?

 

Informal networking Introductions from faculty Parties

Whether or not you interview at the AoM:  Network, especially schools that interest you  Prepare and practice your dissertation pitch  1, 5, & 10 minute versions

Where to apply?
  

Develop rating criteria based on your own personal preferences and abilities Consider constraints
 Spouse,

family, etc.

Apply to all schools advertising that you might be interested in
 Keep

in mind alternatives and worst case scenario



Apply to all schools that you are highly interested in
 Regardless

of announcement/deadline



Fit is critical to your future happiness
 Objective

criteria (research versus teaching school)  Intangibles (school culture)

Sample Rating Criteria



Location
 Cost  MBA

of living, lifestyle, spousal opportunities, etc.

School Quality
rank: BW, USN&WR, FT  Research rank: FT, AMJ article, UTD study

 


 

Strength in Strategy (+ related filed?) Potential collaborators Resources
 Financial,

data, doctoral students, seminar series

Teaching load Gut feel (if you have the luxury of alternatives...)
 Does

it feel like a place you want to be?

Application Packet


Vita




Obtain samples (faculty, peers, web) Generally need 3 Most likely from committee Be proactive


Job market paper extremely important!
  



LORs - Very important!





Paper from dissertation (generally) Don’t make it too long! Devote substantial time


 



Inform writers of details on specific schools Provide vita Provide mailing labels and mail merge spreadsheet w/ deadlines Remind, follow-up, monitor

Numerous readers (committee, friends, etc) )



Have results (even if tentative)!



1-2 other papers, if possible

Post-Application


How can I increase my chances for a campus visit?
 Mobilize
 

committee

Don’t be pushy High variability in comfort and motivation to act on your behalf

 Keep



in touch
Competitions, publications

Update good news Other offers Checking in – show interest

 

The Campus Visit: Few are Called!
Schools invite 3-5 finalists  Traditionally: Jan. – Mar.

 Now:

Oct. – Mar.

Calls made 3-6 weeks prior (generally)  Duration: 1-3 days (typically 1.5)

 Dinner,

interviews, job talk, more interviews

Preparing for the Campus Visit
  

Develop job talk & practice!
 Preferably  Faculty

with 2+ audiences

Do due diligence!!!
and interests


   

Good carry-on luggage Business cards Prepare questions to ask Memory stick or laptop
 Verify

LCD projector or presentation format

Bring Cold/flu medicine Send thank you notes after

Miscellaneous Tips


Defend proposal early: preferably before the AoM
 Most

schools REALLY care about whether the candidate will be done before they start

  

Present a paper at AOM the years you’re on the market Don’t teach in Winter/Spring Persevere and develop a thick skin
 Good career, but field gives mostly negative feedback  Committee, dissertation chair, schools, students, department head, reviewers


				
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