Endangered Species

Hi, all you aspiring Professors - vielleicht doch das falsche studiert?

The business PhD is an endangered species. In 2002, a mere 1,095 people earned the degree -- vs. more than 6,600 PhDs in social sciences and 5,300 in humanities. And since some 40% of all business PhDs head directly from B-school to Corporate America, that leaves only about 650 to fill faculty slots at B-schools. The schools have been coping, but some 500 spots for doctorate-holding faculty went vacant in 2003 -- more than double the number two years earlier.

Und dass obwohl: B-school faculty positions often carry salaries of $100,000 or more, plus consulting opportunities.
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