2022:
?
2021:
?
2020：
CFO and CIO for GoodLife Home Loans
NYU Shanghai
2019:
Zillow
Cornerstone Research
University of Illinois at Urbana-Champaign
2018:
Brigham Young University
Raylient
Shanghai University
UCLA Statistics (Lecturer)
UCLA finance placements
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Wow.. pretty bad.. Now I see why there are so many LFA tr0lls on EJMR recently.
2022:
?
2021:
?
2020：
CFO and CIO for GoodLife Home Loans
NYU Shanghai
2019:
Zillow
Cornerstone Research
University of Illinois at Urbana-Champaign
2018:
Brigham Young University
Raylient
Shanghai University
UCLA Statistics (Lecturer) -
2022:
?
2021:
?
2020：
CFO and CIO for GoodLife Home Loans
NYU Shanghai
2019:
Zillow
Cornerstone Research
University of Illinois at Urbana-Champaign
2018:
Brigham Young University
Raylient
Shanghai University
UCLA Statistics (Lecturer)The GoodLife Executive Team CFO is excellent place - industry executive earnings can top as much as possible. Why not good?
-
2022:
?
2021:
?
2020：
CFO and CIO for GoodLife Home Loans
NYU Shanghai
2019:
Zillow
Cornerstone Research
University of Illinois at Urbana-Champaign
2018:
Brigham Young University
Raylient
Shanghai University
UCLA Statistics (Lecturer)The GoodLife Executive Team CFO is excellent place - industry executive earnings can top as much as possible. Why not good?
it's a great placement conditional on failing the (academic) job market
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It’s not limited to UCLA. It’s everywhere. The job market just crashed. All the jobs you can find with finance PhD degree in academia have worse professional outlook and increasing requirements. But this is expected. It’s a predictable crash. The finance academic job market was a typical “bubble” years ago already. Now the bubble is just bursting under the influence of COVID but COVID is not the ultimate reason. The business school growth stopped. You see this happening in a wide range of schools. Master programs get cut and enrollment rate is not growing anymore. It will take years until the oversupply of faculty job candidates really cools down. Unfortunately, in this economy, there is no central bank nor treasury to implement policies to help anyone. So you are on your own if you are in finance. Good luck.
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2022:
?
2021:
?
2020：
CFO and CIO for GoodLife Home Loans
NYU Shanghai
2019:
Zillow
Cornerstone Research
University of Illinois at Urbana-Champaign
2018:
Brigham Young University
Raylient
Shanghai University
UCLA Statistics (Lecturer)The GoodLife Executive Team CFO is excellent place - industry executive earnings can top as much as possible. Why not good?
it's a great placement conditional on failing the (academic) job market
Who care? Once he enjoy industry - he will never consider academic anymore.
-
It’s not limited to UCLA. It’s everywhere. The job market just crashed. All the jobs you can find with finance PhD degree in academia have worse professional outlook and increasing requirements. But this is expected. It’s a predictable crash. The finance academic job market was a typical “bubble” years ago already. Now the bubble is just bursting under the influence of COVID but COVID is not the ultimate reason. The business school growth stopped. You see this happening in a wide range of schools. Master programs get cut and enrollment rate is not growing anymore. It will take years until the oversupply of faculty job candidates really cools down. Unfortunately, in this economy, there is no central bank nor treasury to implement policies to help anyone. So you are on your own if you are in finance. Good luck.
Correct. EJMRs here do not understand this. They claimed that they understood economics - but could not navigate demand supply and market in the academic market. Also, EJMRs here make themselves inelastic by only dreaming schools with low teaching load, and US markets - and "good location" (recall that demand-supply again, good location attracts more people and will be expensive). They actually become elastic if they look for niche market.
-
The GoodLife Executive Team CFO is excellent place - industry executive earnings can top as much as possible. Why not good?
it's a great placement conditional on failing the (academic) job market
Who care? Once he enjoy industry - he will never consider academic anymore.
Why does he keep sneaking into EJMR then?
-
The GoodLife Executive Team CFO is excellent place - industry executive earnings can top as much as possible. Why not good?
it's a great placement conditional on failing the (academic) job market
Who care? Once he enjoy industry - he will never consider academic anymore.
Why does he keep sneaking into EJMR then?
He is waiting for bonuses. Let's see whether he becomes AP or not. I did not think so.
-
It’s not limited to UCLA. It’s everywhere. The job market just crashed. All the jobs you can find with finance PhD degree in academia have worse professional outlook and increasing requirements. But this is expected. It’s a predictable crash. The finance academic job market was a typical “bubble” years ago already. Now the bubble is just bursting under the influence of COVID but COVID is not the ultimate reason. The business school growth stopped. You see this happening in a wide range of schools. Master programs get cut and enrollment rate is not growing anymore. It will take years until the oversupply of faculty job candidates really cools down. Unfortunately, in this economy, there is no central bank nor treasury to implement policies to help anyone. So you are on your own if you are in finance. Good luck.
Correct. EJMRs here do not understand this. They claimed that they understood economics - but could not navigate demand supply and market in the academic market. Also, EJMRs here make themselves inelastic by only dreaming schools with low teaching load, and US markets - and "good location" (recall that demand-supply again, good location attracts more people and will be expensive). They actually become elastic if they look for niche market.
Furthermore, this has happened for a long time ago in STEM PhD JMCs. Even they have nature or lancet top publications, most of them just ended with post-doc contracts. Most of them can land tenured track after 5-6 years post-doc as an AP, not even Associate.
My brother with medical PhDs eventually decides to work in hospital rather than being a faculty member. My cousin with Physics PhD, nature publications and two patents just also ended as 4 years post-doctoral contracts.
You can see easily many STEM PhDs work in industry or switch to business/finance fields, like quantitative finance.
We, economists, learn demand supply market - we shall anticipate this much earlier.