Click here for the article of BusinessWeek, May 11, 2009
A weak job market has many contemplating PhDs and faculty jobs. Will the business school faculty shortage be a thing of the past?
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Nelms is part of a growing wave of professionals who are leaving the battered business world behind for a career in the hallowed halls of academia. Applications are up substantially this year at many top business PhD programs, with some business schools reporting jumps in applications as high as 40%. PhD program directors attribute the jump to professionals fleeing a weak job market, coupled with a surge of interest from undergraduates bypassing that job market entirely to head straight for school.
Why not get a phd instead of worrying about losing your job in some investment bank, bank, corporation, etc.? PhDs earn decent money, teach only a few courses each year and have lots of time to do research and consulting and make big money! I may go back to school myself and get in on this gravy train!!!
Posted by: CorporatePlace | Saturday, 08 August 2009 at 08:09 AM