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• Thread: 2357 Goods vs 1388 No Goods

1. Economist
   534e
   

   1. Bocconi is a decent school, certainly one of the better schools in EU.
   2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
   3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
   4. This year some of these candidates may not end up with offers.

   The US pay can easily be 2-3 times more than EU, if they are from schools like nyu, wharton etc. Money gap like that can easily buy happiness. Yes, there are guys from top school went to Boccoli. But they are from Italy. If they do not speak the language, what is the lifestyle you were talking about ?

   It is what we call heterogeneity of preferences. For some, living in large houses in the suburbs with a huge yard is what gives happiness. For others, it is staying in a historic city where every cup of coffee you drink and every pizza/pasta you have will be far more superior to any that you could ever have in the USA is important.
   Seriously, it is simply a fact that food is just better in Italy because of the climate and soil and it is impossible to replicate it in the USA. Whenever you want, you could go see original works of the old Masters or hop on a train to Paris or Barcelona. Of course it comes with a severe pay cut and the disadvantages of living in an old rickety city. As I said above, heterogeneity of preferences. To each their own.

   1 year ago # QUOTE 5 Jab 2 No Jab !

2. Economist
   34af
   

   Really? NYU and Wharton pay 2-3 times more than EU? How is that possible?

   1. Bocconi is a decent school, certainly one of the better schools in EU.
   2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
   3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
   4. This year some of these candidates may not end up with offers.

   The US pay can easily be 2-3 times more than EU, if they are from schools like nyu, wharton etc. Money gap like that can easily buy happiness. Yes, there are guys from top school went to Boccoli. But they are from Italy. If they do not speak the language, what is the lifestyle you were talking about ?

   1 year ago # QUOTE 0 Jab 0 No Jab !

3. Economist
   fa6d
   

   Also the social security system. In Europe you can get any education for your kids, and health care for free and essentially unlimitted in terms of expenditure (in contrast with private health insurances in the USA, where if you get cancer or seriously sick, when you lose your work, then you do not health care and you die or your family is indebted). If you hate that uncertainty or the risk of being shot, or your kids shot, then you are happy with a pay reduction and all covered

   1 year ago # QUOTE 3 Jab 2 No Jab !

4. Economist
   fa6d
   

   You have to think that most people in Europe are there by choice. the salary gap does not compensate for the other things you lose moving to the US.

   1 year ago # QUOTE 2 Jab 1 No Jab !

5. Economist
   fa6d
   

   Also, except for the UK and Ireland (that are quite rainy), in most Europe the weather is great. in Mediterranean countries it is like california but much much cheaper. and in northern Europe the cold is milder than in the north of the US because of the gulf current.

   1 year ago # QUOTE 1 Jab 1 No Jab !

6. Economist
   fa6d
   

   In all mediterranean countries the food is just fantastic and varied...if you grew there you value these things!

   1 year ago # QUOTE 3 Jab 1 No Jab !

7. Economist
   fa6d
   

   Summarizing, an increasing number of candidates apply to European places.

   1 year ago # QUOTE 0 Jab 1 No Jab !

8. Economist
   fa6d
   

   ...for good reasons

   1 year ago # QUOTE 2 Jab 1 No Jab !

9. Economist
   b077
   

   Sure. Now relax.

   ...for good reasons

   1 year ago # QUOTE 2 Jab 1 No Jab !

10. Economist
    f4e5
    

    Also the social security system. In Europe you can get any education for your kids, and health care for free and essentially unlimitted in terms of expenditure (in contrast with private health insurances in the USA, where if you get cancer or seriously sick, when you lose your work, then you do not health care and you die or your family is indebted). If you hate that uncertainty or the risk of being shot, or your kids shot, then you are happy with a pay reduction and all covered

    You're obviously not an expert on the U.S. nor on Europe. You may want to stop generalizing based on information you got from social media and start LIVING in the U.S. or Europe. As a previous poster has stated. There is a huge heterogeneity of preferences and quite frankly, it's essentially the only reason we marketers even have something to do. We we all had the same preferences, marketers didn't have a job.

    1 year ago # QUOTE 1 Jab 1 No Jab !

11. Economist
    58d9
    

    1. Bocconi is a decent school, certainly one of the better schools in EU.
    2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
    3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
    4. This year some of these candidates may not end up with offers.

    The US pay can easily be 2-3 times more than EU, if they are from schools like nyu, wharton etc. Money gap like that can easily buy happiness. Yes, there are guys from top school went to Boccoli. But they are from Italy. If they do not speak the language, what is the lifestyle you were talking about ?

    It is what we call heterogeneity of preferences. For some, living in large houses in the suburbs with a huge yard is what gives happiness. For others, it is staying in a historic city where every cup of coffee you drink and every pizza/pasta you have will be far more superior to any that you could ever have in the USA is important.
    Seriously, it is simply a fact that food is just better in Italy because of the climate and soil and it is impossible to replicate it in the USA. Whenever you want, you could go see original works of the old Masters or hop on a train to Paris or Barcelona. Of course it comes with a severe pay cut and the disadvantages of living in an old rickety city. As I said above, heterogeneity of preferences. To each their own.

    how the f**k did this get gelded? I'm the OP of this thread and I started it from a phone, I don't even have the same IP anymore

    1 year ago # QUOTE 0 Jab 0 No Jab !

12. Economist
    f4e5
    

    We’ll see.

    Bocconi will not get any of these people.

    http://didattica.unibocconi.eu/eventi/folder.php?IdFld=36&See=all&dip=59#OGGI
    They just want to try their luck

    There are rookies and I think Bocconi will be able to get at least one.
    

    A few years back, we made an offer to a candidate who also had an offer from Bocconi. S/he accepted Bocconi even though our offer was better on every objective level (salary, research support, teaching load,...). We are even located in a city that can compete with Milan. In the candidate's case, there was a dual career issue and s/he also had some family in Europe s/he was trying to get closer to. The bottom line is that you never know. Don't make the decision for a candidate based on your own preferences. Don't say "no" to your own school. Let candidates say no to you and then move on to the next best person.

    1 year ago # QUOTE 5 Jab 0 No Jab !

13. Economist
    b077
    

    Calm down.

    We’ll see.

    Bocconi will not get any of these people.

    http://didattica.unibocconi.eu/eventi/folder.php?IdFld=36&See=all&dip=59#OGGI
    They just want to try their luck

    There are rookies and I think Bocconi will be able to get at least one.
    

    A few years back, we made an offer to a candidate who also had an offer from Bocconi. S/he accepted Bocconi even though our offer was better on every objective level (salary, research support, teaching load,...). We are even located in a city that can compete with Milan. In the candidate's case, there was a dual career issue and s/he also had some family in Europe s/he was trying to get closer to. The bottom line is that you never know. Don't make the decision for a candidate based on your own preferences. Don't say "no" to your own school. Let candidates say no to you and then move on to the next best person.

    1 year ago # QUOTE 1 Jab 5 No Jab !

14. Economist
    1710
    

    1. Bocconi is a decent school, certainly one of the better schools in EU.
    2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
    3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
    4. This year some of these candidates may not end up with offers.

    Almost all US PhD level jobs in the US offer private insurance. Get your facts right.

    It is only partially subsidized when you are a faculty member unlike PhD. I am one at a decent place and I pay 10K+ for the whole family insurance.

    1 year ago # QUOTE 1 Jab 0 No Jab !

15. Economist
    1710
    

    Really? NYU and Wharton pay 2-3 times more than EU? How is that possible?

    1. Bocconi is a decent school, certainly one of the better schools in EU.
    2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
    3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
    4. This year some of these candidates may not end up with offers.

    The US pay can easily be 2-3 times more than EU, if they are from schools like nyu, wharton etc. Money gap like that can easily buy happiness. Yes, there are guys from top school went to Boccoli. But they are from Italy. If they do not speak the language, what is the lifestyle you were talking about ?

    In Europe HEC or UCL pay about 140K Euro to new APs, perhaps a little more. These are based on offer letters of others I saw. A new AP at NYU or Wharton types will make about 190-200K dollars. Again, based on people I know. Unlike what people ‘imagine’, better schools do not pay much more than market average.

    1 year ago # QUOTE 3 Jab 1 No Jab !

16. Economist
    4b5b
    

    Really? NYU and Wharton pay 2-3 times more than EU? How is that possible?

    1. Bocconi is a decent school, certainly one of the better schools in EU.
    2. Lifestyle matters. Not everyone wants to live in Blacksburg. Some want a city like Milan, at least for a period.
    3. Yes, EU schools pay less, but in the US you pay for a lot of things that are not publicly provided including healthcare, which can cost a lot. For a family, just the insurance can be about $10K/year.
    4. This year some of these candidates may not end up with offers.

    The US pay can easily be 2-3 times more than EU, if they are from schools like nyu, wharton etc. Money gap like that can easily buy happiness. Yes, there are guys from top school went to Boccoli. But they are from Italy. If they do not speak the language, what is the lifestyle you were talking about ?

    In Europe HEC or UCL pay about 140K Euro to new APs, perhaps a little more. These are based on offer letters of others I saw. A new AP at NYU or Wharton types will make about 190-200K dollars. Again, based on people I know. Unlike what people ‘imagine’, better schools do not pay much more than market average.

    "A new AP at NYU or Wharton types will make about 190-200K dollars." Is this true?

    1 year ago # QUOTE 0 Jab 0 No Jab !

17. Economist
    d910
    

    ^So I was looking into some of the public schoos to get a sense because it's easy to find salaries online. If you check some the new APs at Umich (SS and JH) you'll see they make around 180k. If you check GC at Berkeley, he makes 100k, which is weirdly low. If you check UCLA (BH, EH), the salaries are huge, but they have been around for a while. So.. could be, I guess.

    1 year ago # QUOTE 0 Jab 1 No Jab !

18. Economist
    ccb2
    

    100K? are you sure that's a full year salary?

    1 year ago # QUOTE 0 Jab 0 No Jab !

19. Economist
    2395
    

    https://haas.berkeley.edu/marketing/seminars/

    1 year ago # QUOTE 0 Jab 0 No Jab !

20. Economist
    63cb
    

    100K? are you sure that's a full year salary?

    It’s half year, GC only started in 2018

    1 year ago # QUOTE 0 Jab 0 No Jab !

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