This year accounting market is better
For demand or supply side?
Any thoughts on the demand side this year?
We are on a department-specific hiring freeze. We should have been on one last year. MACC enrollments are down almost 50% (who tf wants to pay $80k to work for EY at $50k a year?). MBAs are not taking our electives. Other departments want to phase out one of our MBA cores. My other contacts say things are similar everywhere.
Who didnt get a job last year? That many?
That is a good question! It seems a lot of candidates had to accept visiting positions. Not sure how good visiting positions are. What is the pay like? What is going to happen to visitors after their visiting position is finished? Can they try again next year?
Who didnt get a job last year? That many?That is a good question! It seems a lot of candidates had to accept visiting positions. Not sure how good visiting positions are. What is the pay like? What is going to happen to visitors after their visiting position is finished? Can they try again next year?
I know of at least 4 that got visiting positions. Pay that I have seen is around 150-160 for 9 months. Basically, they have to try again next year. There is a choice between spring and fall market that isn't entirely clear to me.
So there is still not a report of a single person who didn't get a job? Even the four(!) people who "failed the market" got visiting spots?
When are people going to either give examples or stop trolling about the market crashing?
Who didnt get a job last year? That many?That is a good question! It seems a lot of candidates had to accept visiting positions. Not sure how good visiting positions are. What is the pay like? What is going to happen to visitors after their visiting position is finished? Can they try again next year?
I know of at least 4 that got visiting positions. Pay that I have seen is around 150-160 for 9 months. Basically, they have to try again next year. There is a choice between spring and fall market that isn't entirely clear to me.
So there is still not a report of a single person who didn't get a job? Even the four(!) people who "failed the market" got visiting spots?
When are people going to either give examples or stop trolling about the market crashing?Who didnt get a job last year? That many?
That is a good question! It seems a lot of candidates had to accept visiting positions. Not sure how good visiting positions are. What is the pay like? What is going to happen to visitors after their visiting position is finished? Can they try again next year?
I know of at least 4 that got visiting positions. Pay that I have seen is around 150-160 for 9 months. Basically, they have to try again next year. There is a choice between spring and fall market that isn't entirely clear to me.
No one wants to name names. These are real people who feel bad enough already. But there are several. Several is a lot in a small market.
And here is why I'm asking: I have students ask about getting a phd. I know of no one who fails to get a job. But i keep hearing these unconfirmed rumors. But you all keep saying the people who don't get jobs exist. If so, what schools did they go to? Give some meaningful information so people can advise people making decisions.
If not, stop spreading false rumors.
And here is why I'm asking: I have students ask about getting a phd. I know of no one who fails to get a job. But i keep hearing these unconfirmed rumors. But you all keep saying the people who don't get jobs exist. If so, what schools did they go to? Give some meaningful information so people can advise people making decisions.
If not, stop spreading false rumors.
And we are telling you we do not want to call these people out publicly. It is unkind. School is more than enough time to figure it out.
Re: your students...if they are smart enough for this they can do better unless they love it and are willing to accept the risk. The days of finance and econ arbitrage are over. Even if they weren't the general decline of bschools and in the demand for quants and I bankers is also crushing us. Big N barely even want our students these days too. The next 5-10 years are going to be really, really painful.
Well, if you didn’t already get it, I’m at a real school, and I have no idea who these people are. I just want to know how bad of a school someone has to be at to not get a job. I’m not going to track them down, nor is anyone else. Good luck with in your imaginary job market. I’m just going to keep assuming that you are a troll who wants to limit competition since you can’t name a single person or school. What a joke.
And here is why I'm asking: I have students ask about getting a phd. I know of no one who fails to get a job. But i keep hearing these unconfirmed rumors. But you all keep saying the people who don't get jobs exist. If so, what schools did they go to? Give some meaningful information so people can advise people making decisions.
If not, stop spreading false rumors.And we are telling you we do not want to call these people out publicly. It is unkind. School is more than enough time to figure it out.
Re: your students...if they are smart enough for this they can do better unless they love it and are willing to accept the risk. The days of finance and econ arbitrage are over. Even if they weren't the general decline of bschools and in the demand for quants and I bankers is also crushing us. Big N barely even want our students these days too. The next 5-10 years are going to be really, really painful.
Well, if you didn’t already get it, I’m at a real school, and I have no idea who these people are. I just want to know how bad of a school someone has to be at to not get a job. I’m not going to track them down, nor is anyone else. Good luck with in your imaginary job market. I’m just going to keep assuming that you are a troll who wants to limit competition since you can’t name a single person or school. What a joke.
Do you think accounting job market cohorts are as big as they are in econ? Because it sounds like you think it would be difficult to track down names given schools, and that's not true in accounting.
So if you're not a troll, I feel bad for the undergrads asking you for career advice.
Well, if you didn’t already get it, I’m at a real school, and I have no idea who these people are. I just want to know how bad of a school someone has to be at to not get a job. I’m not going to track them down, nor is anyone else. Good luck with in your imaginary job market. I’m just going to keep assuming that you are a troll who wants to limit competition since you can’t name a single person or school. What a joke.
And here is why I'm asking: I have students ask about getting a phd. I know of no one who fails to get a job. But i keep hearing these unconfirmed rumors. But you all keep saying the people who don't get jobs exist. If so, what schools did they go to? Give some meaningful information so people can advise people making decisions.
If not, stop spreading false rumors.And we are telling you we do not want to call these people out publicly. It is unkind. School is more than enough time to figure it out.
Re: your students...if they are smart enough for this they can do better unless they love it and are willing to accept the risk. The days of finance and econ arbitrage are over. Even if they weren't the general decline of bschools and in the demand for quants and I bankers is also crushing us. Big N barely even want our students these days too. The next 5-10 years are going to be really, really painful.
Keep giving your kids bad advice :(. These are top schools...it is not hard to figure out. Honestly, you sound like you have your head buried in the sound. Go ask Admin about masters enrollments...go ask your seniors about enrollments in accounting electives...the writing is on the wall.
It just sounds like a request for information. What tier schools are they from. Examples:
Tier 1: MIT/Stanford
Tier 2: UNC/Michigan
Tier 3: Indiana/Ohio State
Tier 4: Kansas/Kentucky
Tier 5: South Florida/North Texas
Obviously people will not perfectly agree with all schools, but roughly how many people from which tier didn’t get any academic job?
It just sounds like a request for information. What tier schools are they from. Examples:
Tier 1: MIT/Stanford
Tier 2: UNC/Michigan
Tier 3: Indiana/Ohio State
Tier 4: Kansas/Kentucky
Tier 5: South Florida/North Texas
Obviously people will not perfectly agree with all schools, but roughly how many people from which tier didn’t get any academic job?
We are not super hooked in below tier 4. In the last three years, all three tiers.
There are still many smaller and lower tier schools that can't hire and actively want Accounting PhDs. If the standard is, "failed to get a job at a research university," then sure, people failed the job market.
Our standard is no academic job. So consulting, Big-N accounting jobs etc. count as failure.
Plenty of jobs for those willing to take lower pay and have higher teaching loads. The $250k plus/year market is only the tail end of the distribution. If you didn’t land a job in the Spring, go on the Fall market, and be honest to yourself about your research prospects. Your hourly salary at the lower-tiered schools will not be that much different than at the top places. This is a sweet job.