Key Responsibilities and Required Skills for a Tenure-Track Finance Professor
💰 $150,000 - $250,000+
🎯 Role Definition
As a Finance Professor, you are the cornerstone of our academic finance program. This tenure-track role is a unique blend of scholar, mentor, and innovator. You will be responsible for inspiring and educating the next generation of finance leaders through high-impact teaching while simultaneously pushing the boundaries of financial knowledge through a rigorous and sustained research agenda. This role requires an individual who can translate complex financial theories into accessible and engaging learning experiences and whose scholarly work promises to make a significant contribution to the field. You will be a vital member of a collaborative faculty, contributing not only to your discipline but also to the strategic direction and intellectual life of the business school and the university at large.
📈 Career Progression
Typical Career Path
Entry Point From:
- PhD Candidate in Finance or Financial Economics
- Visiting Assistant Professor / Lecturer
- Postdoctoral Research Fellow in a related field
Advancement To:
- Associate Professor of Finance (with tenure)
- Full Professor of Finance
- Department Chair or Head of Finance
Lateral Moves:
- Senior Researcher at a central bank, regulatory body, or economic think tank
- Quantitative Strategist or Consultant in the financial industry
Core Responsibilities
Primary Functions
- Develop and deliver engaging and effective instruction for undergraduate and/or graduate-level courses in finance, such as corporate finance, investments, financial markets, international finance, or derivatives.
- Maintain a robust and active research agenda in a specialized area of finance, with the explicit goal of publishing in high-quality, peer-reviewed academic journals (e.g., Journal of Finance, Journal of Financial Economics, Review of Financial Studies).
- Provide dedicated academic advising and mentorship to undergraduate and graduate students, offering guidance on course selection, career pathways, research opportunities, and professional development.
- Actively participate in departmental, college, and university-level service through committee work, contributing to faculty governance, curriculum policy, and strategic planning initiatives.
- Engage in continuous curriculum development and improvement, incorporating current industry trends, new financial theories, and innovative pedagogical techniques to ensure course content is relevant and rigorous.
- Present original research findings at major national and international academic conferences, effectively disseminating knowledge and building a strong professional network within the scholarly community.
- Evaluate student performance through a variety of well-designed assessment methods, including exams, case studies, research papers, and presentations, providing timely and constructive feedback.
- Hold regular and accessible office hours to provide additional academic support and individualized guidance to students outside of scheduled class times.
- Actively seek and apply for external and internal research funding and grants to support scholarly activities and research projects.
- Supervise and mentor student research projects, including honors theses, master's theses, and/or doctoral dissertations, thereby fostering the development of future finance scholars and practitioners.
- Foster an inclusive, equitable, and respectful learning environment that is welcoming to students from diverse cultural, economic, and academic backgrounds.
Secondary Functions
- Establish and maintain professional connections with the local and national finance community to bring real-world perspectives into the classroom and create networking opportunities for students.
- Serve as a faculty advisor for student-led organizations, such as a student investment fund, finance club, or financial planning association chapter.
- Contribute to the faculty recruitment process by reviewing applications, participating in interviews, and attending job talks for prospective colleagues.
- Collaborate with colleagues on interdisciplinary research and teaching initiatives that bridge finance with other fields like economics, data science, law, or public policy.
- Participate actively in the business school's accreditation processes (e.g., AACSB), including preparing documentation and contributing to self-study reports and peer-review visits.
- Review manuscripts for academic journals and book publishers, contributing to the scholarly peer-review process that underpins academic integrity.
- Mentor junior faculty members, offering guidance on navigating the challenges of teaching, research, service, and the tenure and promotion process.
- Assist in the strategic development of new academic programs, concentrations, or certificate offerings within the finance discipline.
- Engage in professional development activities to remain current with the latest research methodologies, pedagogical strategies, and technological tools in finance and higher education.
- Represent the department and university at recruitment events, open houses, and outreach activities to attract high-quality students to the finance program.
Required Skills & Competencies
Hard Skills (Technical)
- Advanced Expertise in a Finance Specialization: Deep subject matter knowledge in areas like Asset Pricing, Corporate Finance, Behavioral Finance, FinTech, or Financial Institutions.
- Econometric and Quantitative Analysis: Mastery of statistical and econometric techniques for empirical financial research.
- Statistical Software Proficiency: High level of skill in using statistical packages such as Stata, SAS, R, or Python for data analysis and modeling.
- Financial Modeling: Ability to build and interpret complex financial models for valuation, risk analysis, and forecasting.
- Curriculum Design and Assessment: Proven ability to design effective course syllabi, learning objectives, and valid assessment tools to measure student learning.
- Scholarly Writing and Publication: Demonstrated ability to produce high-quality academic writing suitable for top-tier, peer-reviewed journals.
- Grant Writing and Proposal Development: Skill in identifying funding opportunities and writing compelling proposals to secure research grants.
Soft Skills
- Exceptional Communication and Public Speaking: Ability to clearly articulate complex financial concepts to diverse audiences, both in writing and through engaging lectures.
- Student Mentorship and Advising: A genuine commitment to student development and the ability to guide and support students effectively.
- Collaboration and Collegiality: A collaborative spirit and the ability to work productively with faculty, staff, and students on shared academic and administrative goals.
- Critical Thinking and Problem-Solving: Strong analytical skills to drive original research and help students navigate complex financial problems.
- Time Management and Organization: Ability to effectively balance the demanding and competing responsibilities of teaching, research, and service.
- Commitment to Diversity, Equity, and Inclusion: A demonstrated commitment to fostering an inclusive academic environment for all members of the university community.
Education & Experience
Educational Background
Minimum Education:
A Ph.D. or Doctorate in Finance or a closely related field (e.g., Financial Economics) from an AACSB-accredited institution. Advanced ABD (All But Dissertation) candidates nearing completion by the start date will be strongly considered.
Preferred Education:
A completed Ph.D. in Finance with a strong dissertation, a clear pipeline of promising research projects, and evidence of teaching potential.
Relevant Fields of Study:
- Finance
- Financial Economics
Experience Requirements
Typical Experience Range:
0-5 years of post-doctoral academic experience for an Assistant Professor position. A strong record of publication and teaching excellence is required for Associate or Full Professor ranks.
Preferred:
A clear and promising research agenda demonstrated by high-quality working papers, presentations at major academic conferences, and/or publications in refereed journals. Evidence of teaching potential or effectiveness, which may include teaching assistant experience, guest lectures, or independent instruction at the university level.