insanity now, serenity later
Mental illness now
Percentage of JMCs fail job market each year?
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99% of places know who they're going to fly out before the damn Assa meetings.
I wonder how much money is wasted in the damn 'market'. Such a load of sheit.I met an HRM faculty last fall who told me that she likes my paper and I should definitely apply to their department. The catch is I applied to their department the previous year, the paper was pretty much the same and she was on the hiring committee. There is a number of possibilities here, obviously, but conversations like that do make me pessimistic.
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I am at a US ranked 80ish (with error bars) place. There are problems with our program. Yet, every single one of our f*ck*** students get jobs and some are dumb in terms of economics (they are excellent people and I would rather hang out with them than others, but these are academic jobs...). Now maybe they get bounced out after a few years, and I think they get jobs b/c they teach a lot in our program (so anyone whining about too much teaching: you shouldn't have so much, but it may get you a a job). So, all these posts about people not getting jobs, I do not know who these people are.
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99% of places know who they're going to fly out before the damn Assa meetings.
I wonder how much money is wasted in the damn 'market'. Such a load of sheit.I met an HRM faculty last fall who told me that she likes my paper and I should definitely apply to their department. The catch is I applied to their department the previous year, the paper was pretty much the same and she was on the hiring committee. There is a number of possibilities here, obviously, but conversations like that do make me pessimistic.
How come your paper didn't improve within a year?
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I am at a US ranked 80ish (with error bars) place. There are problems with our program. Yet, every single one of our f*ck*** students get jobs and some are dumb in terms of economics (they are excellent people and I would rather hang out with them than others, but these are academic jobs...). Now maybe they get bounced out after a few years, and I think they get jobs b/c they teach a lot in our program (so anyone whining about too much teaching: you shouldn't have so much, but it may get you a a job). So, all these posts about people not getting jobs, I do not know who these people are.
Binghamton had 3+ fail last time, as did Delaware and some ag econ programs. WSU had something like 10 of 30 fail lol. GSU, FSU, UW Seattle, UC Davis, South Carolina, UMass, Wisconsin Milwaukee, and others all had multiple people fail last time.
But even HRM are not immune. Stanford, Princeton, Chicago all had failures as well.
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define fail
Option 1: No job after scramble, then go to some low-level industry job.
Option 2: No job after scramble, then decide to go on the market again next year..
Option 3: No job by June, then disappear off the face of the earth for a while, only to find a low-level industry job later in the year.
I assume most people define "failing" as option 2.
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I am at a US ranked 80ish (with error bars) place. There are problems with our program. Yet, every single one of our f*ck*** students get jobs and some are dumb in terms of economics (they are excellent people and I would rather hang out with them than others, but these are academic jobs...). Now maybe they get bounced out after a few years, and I think they get jobs b/c they teach a lot in our program (so anyone whining about too much teaching: you shouldn't have so much, but it may get you a a job). So, all these posts about people not getting jobs, I do not know who these people are.
This can be true, came from a similarly ranked program (maybe worse) and no one from my cohort failed the market.
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define fail
Option 1: No job after scramble, then go to some low-level industry job.
Option 2: No job after scramble, then decide to go on the market again next year..
Option 3: No job by June, then disappear off the face of the earth for a while, only to find a low-level industry job later in the year.
I assume most people define "failing" as option 2.So the guy who summarized the other thread summarized wrong. It seems that about 7% are 'unemployed or post poned graduation' after the market.
The thing that I really think schools should stop doing is calling people who found jobs at outside AEA/EEA firms (i.e. Risk Management at Sun Trust or Allied Bank) a placement. What you call optin 1 and 3 Usually the candidate could have gotten that job independent of them finishing a Ph.D. I have definitely seen that at least Americans who take these type of positions seem to advance faster than their peers with a masters degree. (Of course that might simply because of ability).
I am not saying that a Ph.D. does not have value in these types of jobs, but it certainly distorts the picture of what job prospects one has with an Econ Ph.D.
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For HRM normally 1 per year will fail market. So that's 5% for the top 10. Probabilities go up from there.
You describe it as if it is all within a candidate's control. Seriously, demand side preferences, what else is on the supply side, how much advisers push for their candidates, it is all irrelevant?