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NEWSLINE - Spring 1998
Demand
for Business Ph.D.s Rises, Reversing Previous Downward Trend
Demand for Ph.D.s in business schools rose this
year according to results of the latest AACSB surveys of business doctoral
production and faculty demand. The overall vacancy rate rose to 6.6 percent,
compared to 5.2 percent a year ago. Planned growth in business faculty positions
is up by a full percentage point from 2.1 percent last year to 3.1 percent this
year.
The number of business doctoral degrees awarded
in 1996-97 is 1,072, down from last year’s 1,114. The number of women
receiving Ph.D.s rose to 319, up from 294.
New African-American Ph.D.s in business rose to
31, nine more than the year before. Hispanic American Ph.D.s dropped from 16 to
11. Two Native Americans earned business doctoral degrees. Among non-U.S. or
Canadian citizens, the percentage of total degrees conferred fell from 28.1
percent to 26.1 percent.
| FACULTY
DEMOGRAPHIC COMPOSITIONS OF AACSB SCHOOLS |
| |
1993 |
1994 |
1995 |
1996 |
1997 |
| Male |
16,714 |
80.3% |
19,153 |
79.7% |
18,164 |
79.8% |
16,480 |
79.4% |
17,205 |
78.6% |
| Female |
4,109 |
19.3% |
4,870 |
20.3% |
4,589 |
20.2% |
4,280 |
20.6% |
4,679 |
21.4% |
| Total |
20,823 |
100.0% |
24,023 |
100.0% |
22,753 |
100.0% |
20,760 |
100.0% |
21,884 |
100.0% |
| |
|
|
|
|
|
|
|
|
|
|
| White |
17,267 |
82.9% |
19,994 |
83.2% |
18,717 |
82.3% |
17,003 |
81.9% |
17,853 |
81.5% |
| Black |
548 |
2.6% |
648 |
2.7% |
676 |
3.0% |
589 |
2.8% |
707 |
3.2% |
| Native American |
41 |
0.2% |
72 |
0.3% |
71 |
0.3% |
54 |
0.3% |
74 |
0.4% |
| Asian |
1,234 |
6.0% |
1,454 |
6.1% |
1,441 |
6.3% |
1,318 |
6.3% |
1,550 |
7.1% |
| Hispanic |
275 |
1.3% |
290 |
1.2% |
358 |
1.6% |
360 |
1.7% |
284 |
1.3% |
| Non-U.S. Citizens |
1,458 |
7.0% |
1,565 |
6.5% |
1,490 |
6.5% |
1,436 |
6.9% |
1,416 |
6.5% |
| TOTAL |
20,823 |
100.0% |
24,023 |
100.0% |
22,753 |
100.0% |
20,760 |
100.0% |
21,884 |
100.0% |
| Number of Schools Responding |
387 |
471 |
458 |
400 |
435 |
Source: AACSB School Fact Form. All information
is self-reported and is not verified by AACSB.
| DOCTORAL
PRODUCTION 1996-97 AND DEMAND FOR DOCTORATES 1997-98, 1998-991 |
| |
Doctorates
Granted
1996-97 |
Positions
Unfilled for
1997-982 |
1997-98
Average
Openings per
Business School
Doctoral Graduate |
Planned
Growth
1998-993 |
1998-99
Average Growth
in Openings per
Business School
Doctoral Graduate |
| Accounting |
146 |
250 |
1.7 |
98 |
0.7 |
| Corporate
Strategy/Business Policy/Business and Society |
43 |
66 |
1.5 |
33 |
0.8 |
| Economics* |
88 |
83 |
0.9 |
27 |
0.3 |
| Finance |
148 |
185 |
1.3 |
86 |
0.6 |
| Human Resource
Management* |
17 |
31 |
1.8 |
16 |
0.9 |
| Insurance |
13 |
5 |
0.4 |
5 |
0.4 |
| International Business |
32 |
34 |
1.1 |
15 |
0.5 |
| Management/Organizational
Behavior |
203 |
139 |
0.7 |
58 |
0.3 |
| Marketing |
144 |
148 |
1.0 |
65 |
0.5 |
| MIS/CIS |
87 |
191 |
2.2 |
128 |
1.5 |
| Operations Management/
Production |
55 |
43 |
0.8 |
29 |
0.5 |
Operations Research/
Management Science/
Decision Science |
65 |
16 |
0.3 |
10 |
0.2 |
| Real Estate |
6 |
4 |
0.7 |
1 |
0.2 |
| Other/Miscellaneous |
25 |
77 |
3.1 |
30 |
1.2 |
| TOTAL |
1,072 |
1,272 |
1.2 |
601 |
0.6 |
* From Business Schools Only
1 Based on a survey of 411 AACSB member schools, including 93 with
doctoral programs
2 Positions for which schools sought doctorally qualified (DQ) faculty
3 Positions for which DQ faculty have been authorized
| FACULTY
POSITIONS FILLED, VACANT AND PLANNED GROWTH, 1997-98, 1998-19991 |
| |
Positions
Filled
for 1997-982 |
Positions
Unfilled
for 1997-983 |
Total
Positions
1997-98 |
Percentage
Vacant
1997-984 |
Planned
Growth
1998-993 |
Planned
Percentage
Growth
1998-99 |
| Accounting |
3,086 |
250 |
3,336 |
7.5 |
98 |
2.9 |
Corporate Strategy/ Business
Policy/
Business and Society |
774 |
66 |
840 |
7.9 |
33 |
3.9 |
| Economics* |
2,206 |
83 |
2,289 |
3.6 |
27 |
1.2 |
| Finance |
2,224 |
185 |
2,409 |
7.7 |
86 |
3.6 |
| Human Resource Management* |
496 |
31 |
527 |
5.9 |
16 |
3.0 |
| Insurance |
125 |
5 |
130 |
3.8 |
5 |
3.8 |
| International Business |
275 |
34 |
309 |
11.0 |
15 |
4.9 |
Management/
Organizational Behavior |
1,951 |
139 |
2,090 |
6.7 |
58 |
2.8 |
| Marketing |
2,284 |
148 |
2,432 |
6.1 |
65 |
2.7 |
| MIS/CIS |
1,436 |
191 |
1,627 |
11.7 |
128 |
7.9 |
| Operations Management/
Production |
834 |
43 |
877 |
4.9 |
29 |
3.3 |
Operations Research/
Management Science/
Decision Science |
736 |
16 |
752 |
2.1 |
10 |
1.3 |
| Real Estate |
141 |
4 |
145 |
2.8 |
1 |
0.7 |
| Other/Miscellaneous |
1,493 |
77 |
1,570 |
4.9 |
30 |
1.9 |
| TOTAL |
18,061 |
1,272 |
19,333 |
6.6 |
601 |
3.1 |
| Average (TOTAL/ 411 ) |
43.9 |
3.1 |
47 |
|
1.5 |
|
* From Business Schools Only
1 Based on a survey of 411 AACSB member schools
2 Positions filled with doctorally qualified (DQ) faculty
3.Positions for which schools sought DQ faculty
4 Positions for which DQ faculty have been authorized
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