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career_in_business_academia [2020/07/03 18:40]
mwgorges
career_in_business_academia [2020/07/03 18:49]
mwgorges
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 In addition, many PhD students face a significant opportunity cost by attending a PhD program – particularly a business school program. It is important to recognize that individuals who successfully become business school professors are generally highly educated and talented. That is to say, they have a skill set that would allow them to work successfully in other careers. In fact, PhD students who do not enter into academia often enter into other fields such as finance, consulting, and tech. Nonetheless,​ there are also numerous benefits to a PhD and business school academic career, including intellectual fun, autonomy, and a uniquely flexible lifestyle post-tenure. ​ In addition, many PhD students face a significant opportunity cost by attending a PhD program – particularly a business school program. It is important to recognize that individuals who successfully become business school professors are generally highly educated and talented. That is to say, they have a skill set that would allow them to work successfully in other careers. In fact, PhD students who do not enter into academia often enter into other fields such as finance, consulting, and tech. Nonetheless,​ there are also numerous benefits to a PhD and business school academic career, including intellectual fun, autonomy, and a uniquely flexible lifestyle post-tenure. ​
    
-Below is a general comparison of a business school professor’s career to one in industry. In general, professors win out on autonomy, lifestyle, and intellectual fun, but earn less and have fewer choices in location.+Linked below is a general comparison of a business school professor’s career to one in industry. In general, professors win out on autonomy, lifestyle, and intellectual fun, but earn less and have fewer choices in location.
  
-{{:​comparing_business_school_phd_to_industry_career.png?​400|}}+{{:​comparing_business_school_phd_to_industry_career.png?​direct&400|Comparing Business School PhD to Industry Career}}
    
 Individuals considering a PhD in business may also be interested in an academic career in a related field, such as economics, sociology, or psychology. For this group, it is useful to compare the career of business school academics to other academics. Individuals considering a PhD in business may also be interested in an academic career in a related field, such as economics, sociology, or psychology. For this group, it is useful to compare the career of business school academics to other academics.