The Academic Finance Job Market
I recently saw this analysis of the job market for econ Ph.D.s on the Economist's Free Exchange site: On the debit side, much attention focused on the fact that the AEA-run website , where potential employers of PhD economists advertise their positions, has added a new section called " Suspended or Cancelled Listings ". Here it is noted that a "non-trivial economic downturn" has forced some employers to suspend or cancel job searches. As of December 28th, a week before the actual interviews, 84 previously advertised searches had been called off, representing 5% of the number of jobs available by the reckoning of the director of the AEA, John Siegfried. Read the whole thing here . Since the Financial Rounds readership includes a pretty good number of finance academics, I thought I'd share some observations on the Academic Finance job market. Unlike the Econ one (which takes place pretty much at the AEA meeting), the Finance market is 2-tiered. The f...