Get a Business Degree: University Teaching Careers Beckon!Return to the Board Room | Find Business Schools By the All Business Schools career research team—Your source for Business Career news, trends and programs. The Board Room: Business News and Community CenterKeep up with current news about business school. From accounting and finance to MBA degrees, The Board Room has the latest on your degree in business and all business education trends. Degree in Business TypesDiscover the variety of degree in business programs available to you. A business degree from a university can offer you a lot more than just an office job. If you love the world of business, but don't want to work in a corporate setting, you might consider joining the academic world. Whether you are just starting on your education and career, or you are an experienced business person who wants to transition to a teaching or research position, you can put your education and expertise to work helping the next generation of business professionals. The Association to Advance Collegiate Schools of Business (AACSB) offers several good reasons to use your business degree as a university business professor:
In fact, they argue that the supply for new PhD or Doctor of Business Administration degree-holders is actually less than the number of jobs available because senior faculty members are retiring, more students are seeking business degrees, and many students don't complete their doctoral business program. This shortage has resulted in higher salaries for those who do complete a postgraduate program and use their doctorate business degree as a university business program faculty member. The AACSB predicts the shortage of business faculty will reach 2,400 by 2012, and that salary levels for an assistant professor on a nine-month contract can start at $88,500. What Business Degree from a University Will I Need To Teach?Acceptable business degrees for university-level business professors are either a Doctor of Philosophy (PhD) or Doctor of Business Administration (DBA), depending upon where you want to focus your expertise. You'll want to concentrate on a PhD if you've always dreamed of teaching, or if you crave the stimulation of the classroom environment and the intellectual interchange of business laws, philosophies and practices. But if you're more inclined to stay behind the scenes to focus on research in a particular business specialty, a DBA will best suit your career goals. How Will You Use Your Business Degree as a University Business Professor?As a postgraduate with a business degree, university life and careers offer many privileges that aren't typically awarded in other industries, says the AACSB. Because these positions generally revolve around a regular school calendar, you'll have summers off to travel—unless you choose to teach in a summer session, conduct research, write books, papers or textbooks. Or you can earn extra income and contribute to the economic good by performing independent consulting work for a corporation, government agency or firm. Picking Your Business Degree for a University Teaching CareerAs with any college degree, there are several factors to consider when choosing your degree program. Most important is whether or not the school you're considering has faculty who specialize in the area of business you want to teach. The AACSB notes that, even among leading doctoral programs at prestigious research schools, there are major differences between curricula, and no matter what specialty you're considering, you should research faculty interest areas before you apply to any school. Since national business ranking publications often focus on MBA programs, it's important when doing your school research to ascertain the quality of the doctoral degree program you desire to enter. One of the most critical components of any university or college selection—whether traditional school or online degree program—is accreditation. Many business schools in the U.S. will hire only doctorates from AACSB-accredited schools when they recruit their business college faculty. So make sure you select your doctoral business degree from a university that meets the AACSB standard of excellence. Business school is all about opportunity, so don't limit yourself to dreaming about that corner office in a downtown skyscraper. With the right education, your next job could be right on campus, in a classroom or research facility. Find a Business School Today—Getting Your Business Degree is One Step Away! |
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