October 2, 2007
Are America's business schools running short of doctoral faculty?
The nation's primary accrediting group thinks so and has enlisted Tulane University's A.B. Freeman School of Business to help train doctoral faculty in a fraction of the time it would take to get a traditional PhD in business. The Association to Advance Collegiate Schools of Business International (AACSB) endorsed Tulane's Post-Doctoral Bridge to Business Program to train doctoral faculty from non-business backgrounds to teach in business schools worldwide.
"I am delighted that the AACSB International accepted our proposal to participate in the Bridge to Business postdoctoral program. I believe this is an important step by the AACSB and the participating schools to address the business faculty shortages that are prevalent globally," said Angelo DeNisi, dean of the A.B. Freeman School of Business.
The program is designed to address an acute shortage of business school PhD faculty expected within the next five years due to rising global demand for MBAs, declining enrollment in traditional business PhD programs and a spike in retirement of senior professors. In the United States alone, there will be a shortage of 2,500 business PhDs by 2012, according to AACSB data.
The Tulane program, scheduled to start in June 2008, will allow scholars with a PhD in a related discipline, such as mathematics, economics or statistics, to choose a concentration in finance or management. The program takes a year to complete compared to traditional PhD programs which take an average of eight years. Graduates will be considered academically qualified to teach at AACSB-accredited business schools for a period of five years before having to meet normal research or performance standards set by each school for continuing employment. In addition to the uptown campus, Tulane's program is also available to faculty in Latin America through partner institutions ITAM in Mexico City and Universidad de los Andes in Bogota, Colombia. More information on the program can be found online.
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