aom placement services presentation: the academic job search

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The Academic Job Search: Some Insights into the Process Garry Adams Mike Ryan Marianne Miller Wendy Kramer AOM Placement Services

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2014 Annual Meeting of the Academy of Management - Philadelphia, PA

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Page 1: AOM Placement Services Presentation: The Academic Job Search

The Academic Job Search: Some Insights

into the Process

Garry AdamsMike Ryan

Marianne MillerWendy Kramer

AOM Placement Services

Page 2: AOM Placement Services Presentation: The Academic Job Search

Overview

Vital Statistics The ProcessAcademy InterviewsCampus InterviewsHelpful Hints

Questions

Page 3: AOM Placement Services Presentation: The Academic Job Search

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)

Page 4: AOM Placement Services Presentation: The Academic Job Search

Applicants Registered on AOM2009 2010 2011 2012 2013 2014

Strategy 189 294 259 208 292 205OB 177 286 288 187 230 157HR 141 205 190 117 62 77Int’l 99 284 44 98 77 49Entrep. 142 173 166 143 128 129OT 82 174 217 94 54 46

Page 5: AOM Placement Services Presentation: The Academic Job Search

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

Page 6: AOM Placement Services Presentation: The Academic Job Search

Entering the Academic Job Market

Grad Students 0% Pre-comps10% Comps completed22% Proposal accepted23% Collecting data31% Waiting to defend 4% Dissertation defended

Page 7: AOM Placement Services Presentation: The Academic Job Search

The Process: First Step Creating Your VitaEducation & Degree ProgressResearch

Published In Progress

Academic ActivitiesTeaching Experience & EvaluationsWork ExperienceHonors & Awards

Page 8: AOM Placement Services Presentation: The Academic Job Search

The Process: Step TwoSelf Assessment of Personal

Goals & PreferencesExcel Portfolio of Job Targets

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

Regional ConferencesRegistering on Job SitesPractice Interviews/Job Talks

Page 9: AOM Placement Services Presentation: The Academic Job Search

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)

Page 10: AOM Placement Services Presentation: The Academic Job Search

Sources for Academic Position Information

AOMRegional ConferencesChronicle of Higher EdHigheredjobs.com (328 Mngt, HR,

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

School/Discipline websites International sites (akadeus.com)

Page 11: AOM Placement Services Presentation: The Academic Job Search

The Process: ConferencesBeforeContacting Schools

Telephoning/Skype/Emailing Sending vita/job packets Mock Interviews

DuringContacting Recruiter

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

Page 12: AOM Placement Services Presentation: The Academic Job Search

The Process: ConferencesAOM 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

Page 13: AOM Placement Services Presentation: The Academic Job Search

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

Degree Status – 86%

Compatibility – 80%

Teaching Experience – 77%

Quality of Publications – 73%

Reputation of Degree-granting Institution/Advisor – 75%

Number of Publications – 54%

Gut Feeling – 53%

Page 14: AOM Placement Services Presentation: The Academic Job Search

Decision 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%)

Page 15: AOM Placement Services Presentation: The Academic Job Search

The Process: Campus Visit

Interviews/Faculty MeetingsPresentationsResearchTeaching

Networking / SocializingTwo-Way Assessments of “Fit”

Page 16: AOM Placement Services Presentation: The Academic Job Search

The Job OfferSubjects for NegotiationSalaryResearch support (81%)Number of courses/preps

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

45% summer teaching71% summer research support

Page 17: AOM Placement Services Presentation: The Academic Job Search

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

Page 18: AOM Placement Services Presentation: The Academic Job Search

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

Page 19: AOM Placement Services Presentation: The Academic Job Search

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

Page 20: AOM Placement Services Presentation: The Academic Job Search

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

Page 21: AOM Placement Services Presentation: The Academic Job Search

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

Improve Candidate Preparation Willingness to HelpCandidates with C.V. / Job Process

QuestionCandidates with Unique

CircumstancesAssistance With Other Questions or

Issues

Page 22: AOM Placement Services Presentation: The Academic Job Search

Questions?