By |Published On: November 8th, 2013|Categories: Uncategorized|

Too bad dissertation length doesn’t translate into more pay. History professors would be rich!

Source: http://beckmw.wordpress.com/2013/04/15/how-long-is-the-average-dissertation/

Source: http://beckmw.wordpress.com/2013/04/15/how-long-is-the-average-dissertation/

Here is my completely non-scientific anecdotal economic analysis of the professor market.

History profs make 50-70k. Lot of supply, not a lot of demand.

  • Easier to understand

Econ profs make 100-120k. Lot of supply, decent demand.

  • Easier to understand

Finance profs make 200-250k. Limited supply, high demand, but can be substituted with Econ profs.

  • Harder to understand.

Math/Biostat profs make 70-90k. Lot of supply, decent demand, smarter than finance/econ people.

  • Harder to understand

Curious to know how professor salaries clear the market…odd.

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About the Author: Wesley Gray, PhD

Wesley Gray, PhD
After serving as a Captain in the United States Marine Corps, Dr. Gray earned an MBA and a PhD in finance from the University of Chicago where he studied under Nobel Prize Winner Eugene Fama. Next, Wes took an academic job in his wife’s hometown of Philadelphia and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management firm dedicated to an impact mission of empowering investors through education. He is a contributor to multiple industry publications and regularly speaks to professional investor groups across the country. Wes has published multiple academic papers and four books, including Embedded (Naval Institute Press, 2009), Quantitative Value (Wiley, 2012), DIY Financial Advisor (Wiley, 2015), and Quantitative Momentum (Wiley, 2016). Dr. Gray currently resides in Palmas Del Mar Puerto Rico with his wife and three children. He recently finished the Leadville 100 ultramarathon race and promises to make better life decisions in the future.

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For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Third party information may become outdated or otherwise superseded without notice.  Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency has approved, determined the accuracy, or confirmed the adequacy of this article.

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