One thing for sure about econ is that PolyU econ is better paying (this is true and confirmed at least for new hires) than any other econ departments in HK, simply because PolyU has the same pay scale across finance and econ, which I think is kind of stupid.
City Univ of HK vs HKPU: Finance
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To Fiance Audience:
Let the data speak:
http://apps.wpcarey.asu.edu/fin-rankings/rankings/results.cfm
if you sort all schools in the world (set range=100) based on top 4 finance journal publications for past five years (2011-2014) according to the ASU finance research ranking, you will see the worldwide ranking results. I am picking HK schools for your reference:
HKUST (26th)
HKU (40th)
CityU (48th)
CUHK (63rd)
The four are among the top 100 in the world; you have to set the range=ALL to get the results out of top 100 ranking
PolyU (101st)The results are roughly consistent with the HK RAE results (I showed before). But soon we will see five HK schools will be in the top 100. Yay! Five HK Tigers!
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The ultimate UTD ranking is a whole business research ranking. It seems to deliberately marginalize finance and especially economics In order to give more weights on non-finance-and-econ publications. I think that is a flawed ranking for the whole business school.
If you rank a business school as a whole, you rank by MBA and EMBA, the standard products of business schools.
If you rank research for the whole business school, gaming arises. Game breeds strategic behavior. Finance and econ research challenged schools love the UTD ranking because it overweighs publications in fields that top schools ignore (you know what i mean). As a result, it is easy for non-fin-and-econ faculty to be tenured or promoted, creating an equilibrium separated from that of genuine top business schools.
We compare apples with apples even without looking at prices. But we do not compare fruit baskets with fruit baskets without looking at their compositions or prices.
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Publication machines only care about publication.
University should also be about education.
If you look for a tenure-track position at the top 5 schools in HK, your chance is nil if you say you are a good teacher. It will be a different story if you show your top journal publication potential. Better if you already have a track record.
If you are lucky enough and already got in but could not catch up with others in publications, listen to my advice: don't trash research and overemphasize teaching. Those research intensive colleagues usually know you are often teaching wrong stuff that you don't know but they don't bother to point it out to you. So be a good citizen and you will be a happy person and others will like you.
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It is true. If business school deans start gaming utd ranking, they may as well shut down the entire finance department and fill the business school with (relatively cheap) operation and management researchers who on average publish more papers than finance researchers.
If you rank research for the whole business school, gaming arises. Game breeds strategic behavior. Finance and econ research challenged schools love the UTD ranking because it overweighs publications in fields that top schools ignore (you know what i mean). As a result, it is easy for non-fin-and-econ faculty to be tenured or promoted, creating an equilibrium separated from that of genuine top business schools.
We compare apples with apples even without looking at prices. But we do not compare fruit baskets with fruit baskets without looking at their compositions or prices. -
You can break down UTD rankings by finance journals.
JFE, RFS, JOF by year.No one really looks at the overall business school research ranking as a substitute for their department research ranking.
UTD ranking methodology weights a sole/dual authored paper more than a paper with 4 co-authors. In that sense it shifts the publication function more on pure research.
It is true. If business school deans start gaming utd ranking, they may as well shut down the entire finance department and fill the business school with (relatively cheap) operation and management researchers who on average publish more papers than finance researchers.
If you rank research for the whole business school, gaming arises. Game breeds strategic behavior. Finance and econ research challenged schools love the UTD ranking because it overweighs publications in fields that top schools ignore (you know what i mean). As a result, it is easy for non-fin-and-econ faculty to be tenured or promoted, creating an equilibrium separated from that of genuine top business schools.
We compare apples with apples even without looking at prices. But we do not compare fruit baskets with fruit baskets without looking at their compositions or prices.
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You can break down UTD rankings by finance journals.
JFE, RFS, JOF by year.ASU ranking is a pure finance ranking and also has 3 or 4 top pub count results. In contrast, UTD ranking is promoted as a whole business school research ranking. Some business school deans care about an overall ranking to impress science and engineering peers.