The Academic Job Search: Some Insights into the Process Garry Adams Mike Ryan Marianne Miller Wendy Kramer AOM Placement Services Overview Vital Statistics The Process Academy Interviews Campus Interviews Helpful Hints Questions 2014 AOM Placement Applicants (applicants to jobs) 2014 2013 2012 – 579 (1.36) – 663 (1.75) – 948 (2.65) Positions 2014 2013 2012 - 427 – 379 – 358 (as of 8/1/2014) Applicants Registered on AOM 2009 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 Job Market Grad Students 0% Pre-comps 10% Comps completed 22% Proposal accepted 23% Collecting data 31% Waiting to defend 4% Dissertation defended The Process: First Step Creating Your Vita Education & Degree Progress Research Published In Progress Academic Activities Teaching Experience & Evaluations Work Experience Honors & Awards The Process: Step Two Self Assessment of Personal Goals & Preferences Excel Portfolio of Job Targets (25/50/25 or 20/60/20) Interviewing at National & Regional Conferences Registering on Job Sites Practice Interviews/Job Talks Job Packets Should include all of the basic info requested by departments (electronic or printed) Cover Letter (vary by application) Vitae Dissertation Overview Other Writing Samples Research Philosophy Teaching Philosophy with Evaluations Separate Letters of Recommendation (vary by application) Sources for Academic Position Information AOM Regional Conferences Chronicle of Higher Ed Higheredjobs.com (328 Mngt, HR, Entrep., IB jobs on 8/1/14) School/Discipline International websites sites (akadeus.com) The Process: Conferences Before Contacting Schools Telephoning/Skype/Emailing Sending vita/job packets Mock Interviews During Contacting Recruiter Telephoning Conference intranet/e-mail Meeting at sessions/social events/”Always On” The Process: Conferences AOM Placement Services Placement Interviews in Philadelphia Marriott, 4th Floor, Franklin 1-12 Room 405 is Placement Office Friday Noon until Tuesday Noon Full Day Placement Office Hours 8 am – 5pm Recruiters Decision to Interview (Survey by Nancy McIntyre & Mary Jo Jackson) Degree Status – 86% Compatibility Teaching Quality – 80% Experience – 77% of Publications – 73% Reputation of Degree-granting Institution/Advisor – 75% Number Gut of Publications – 54% Feeling – 53% Decision to Invite to Campus Applicant Degree Status (85%) Teaching Quality fit (87%) Experience (84%) of publications (83%) Compatibility Reputation Number “Gut” to job opening (76%) of degree-granting institution (72%) of publications (68%) feeling (53%) The Process: Campus Visit Interviews/Faculty Meetings Presentations Research Teaching Networking / Socializing Two-Way Assessments of “Fit” The Job Offer Subjects for Negotiation Salary Research support (81%) Number of courses/preps 42% release time Travel for Research/Conferences(94%) Technology (70-80%) Moving Expenses Summer Funding 45% summer teaching 71% summer research support AASCB Salary Trends 2009-2010 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 Hires New Doctorate Salaries by Field/Discipline ($’s in 000’s) Field/Discipline Mean 2013 Percent Change From 2012 Accounting/Taxation CIS/MIS Economics/Managerial Economics 151.1 113.0 91.1 6.0 1.5 3.3 Finance/Banking/Real Estate/Insurance 152.8 13.0 Management/Behavioral Science/International Business/Strategic Management 114.1 4.6 Marketing Production/Operations Management 124.3 115.9 11.2 -5.4 Quantitative Methods/Operations Research/Statistics Combined (All fields/disciplines, including fields/disciplines not listed above) 122.4 124.4 24.0 17.7 Helpful Hints Be realistic about constraints & deadlines when evaluating offers Be comprehensive when negotiating, and get it in writing Be careful playing offers against each other Be open with significant others about the decision-making process Understand the impact of salary compression Helpful Hints Do your homework on faculty, department & university Practice interviews Discuss your preferences & options with family & advisors Watch 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?