Ideas Worth Merit
Academic Leaders Use Innovative Doctoral Programs to Respond to Shortage of Business School Faculty
Reviewed By Asila Safi and Darrell Norman Burrell
Volume 5 - Issue 3
Oct 17, 2007 - 10:37:08 AM

As more universities create weekend, evening, and on-line master’s programs in business (MBA) in the United States, the shortage for university faculty in college business schools continues to grow. According an Associated Press article, “the total annual compensation for those new business school faculty hires can range from $100,000 to $180,000 dollars a year.”

Traditional universities and traditional doctoral programs are not producing graduates quick enough the meet the faculty demand with the growth of new programs and increased faculty retirements.

Several accredited universities in the United States have developed executive or applied non-traditional doctoral programs in business areas that allow international students to finish in 3 to 4 years, while working full time. These programs do not require a GMAT or GRE exam for admission.