Walden Graduate Granted Tenure

It is unfair to list Northcentral University with Walden, NSU, etc. Northcentral is the only one that has CHEA-recognized professional accreditation of its business program (ACBSP). Others, like Touro University -International claim IACBE but as we all know the IACBE is NOT recognized by CHEA. Impressive that such a newcomer like Northcentral can accomplish so much in so little time.

 

This assumes ACBSP accreditation has meaning--that it somehow distinguishes NCU from those others. I would not agree.

 

Granted, ACBSP (founded 1988) is rather a bit less prestigious than AACSB (founded 1916 or so?). But does this really mean that ACBSP means nothingness?

 

It's not meaningless. These schools, albeit small colleges, are listing ACBSP as a qualification for these tenure track openings. I've seen numerous other tenure track jobs that list ACBSP as a qualification. I would imagine large schools require AACSB, though. Many schools are using contractors in these jobs, too. From what I see, where I live, they don't care about ACBSP or AACSB..as long as you are cheap and have some chance of teaching success. Only four Chinese schools have AACSB and none in India. Afterall, schools have bigger fish to fry. They need to get busy gathering billions for their endowments (http://seattlepi.nwsource.com/national/1110AP_Purdue_University_Party.html)
and political funds, err... business investment seed companies. And schools aren't a business.

SAINT VINCENT COLLEGE
ALEX G. MCKENNA SCHOOL OF BUSINESS, ECONOMICS & GOVERNMENT
ASSISTANT PROFESSOR OF FINANCE
(TENURE TRACK APPOINTMENT)
The Position: The Alex G. McKenna School of St. Vincent College seeks applicants for a tenure track position at the
assistant professor level beginning August 2007. Compensation is competitive with tier-one business schools.
Qualifications: A Ph.D. in finance from an AACSP or ACBSP accredited university and/or highly ranked national business school and teaching experience required. Candidates from highly ranked Ph.D. programs in economics with finance fields will be considered. An M.B.A. degree, C.F.A., and working experience in finance would be an asset.
Candidates must be able to support and contribute to the mission and identity of the College as a Benedictine, Catholic, and Liberal Arts institution.
Duties: This position has a 4-3 course load with the expectation of on-going research and scholarship.

AND

WHITWORTH COLLEGE
SPOKANE, WASHINGTON
ASSISTANT/ASSOCIATE PROFESSOR IN THE AREA OF BUSINESS LAW
AND INTERNATIONAL BUSINESS
SCHOOL OF GLOBAL COMMERCE AND MANAGEMENT
The School of Global Commerce and Management at Whitworth in Spokane, Wash. invites applicants for a tenure track faculty position at the rank of Assistant/Associate Professor beginning fall term 2007.
Qualifications: Candidates must have a PhD, DBA or JD and be doctorally qualified in Business Law and International Business by ACBSP standards (for details go to this link www.acbsp.org) have demonstrated teaching effectiveness; the willingness and availability to occasionally teach evening courses; and personal commitment to the Christian faith and to the integration of faith and learning.

 

Agreed, but the original poster oversold (perhaps inadvertently) the news a bit by using "Penn State" without indicating it is a regional campus. A Walden grad getting tenure is good news in any case (I hope to be an example of an Excelsior grad getting tenure at a state college in several years), but it's not as earth-shattering as a Walden grad getting tenure at a top 20 business school.

There is no question at this point that graduates from non-traditional universities can have rewarding careers in post-secondary education outside the R1-type institutions. "any" institution may still be taking it a bit too far.

 

Does any ACBSP accredited school offer a Ph.D. if Finance???

 

Northcentral University www.ncu.edu

 

Jeff,



My intentions were never to mislead , or to use your words "oversold (perhaps inadvertently) the news a bit by using "Penn State" without indicating it is a regional campus." The direction of my original post was to highlight the accomplishment of individual's with nontraditional doctorates. I concur with another poster that you can have a rewarding and fulfilling career teaching at tier III institutions.

Regardless, of the institution Walden, Nova Capella etc The more success these graduates have the more credible these institutions become. Therefore tenure whether at a "regional campus" is a significant accomplishment. There are more nontraditional PHD's gaining positions of responsibility, below is the new provost for Oral Roberts University.

http://webapps.oru.edu/alumniweb/news/allstories.php?site=oru&id=566



There are several other success stories of graduates from Nova, Capella that are just as compelling and in time from NCU. Furthermore I didn't chose to obtain my Doctorate via online because I consider it easier, nor is the amount of work a "joke" as indicate by Steve Levicoff. Rather because of my profession as an IT project manager, I couldn't afford to stop working with mortgage and college tuition payments for my daughter ( Who will be graduating from Univ of North Texas) in two weeks.



Thanks for sharing.



Karl

 

Ted,

Thanks for the link, but this is a degree in Financial Management, not Finance. This specialization appears to be a combination of managerial accounting and corporate finance, and far more applied than theoretical in nature.

At the risk of raining on a few Learners' parade, there is no such thing as a credible Ph.D. in Finance without doctoral-level microeconomics and econometrics. NCU's economics offerrings are too weak to support a Ph.D. in Finance. Apparently they recognize this, hence the specialization in "Financial Management."

Curiosity led me to take a look at the other ABCSP-accredited doctoral programs. I started with Nova's curriculum for their DBA in Finance. As a true DBA, the applied nature of their curriculum makes sense to me, but would not be considered the equivalent of a traditional Ph.D. in finance.

Argosy does not offer a doctorate in Finance, but they do in accounting. Like Nova, their accounting DBA's curriculum makes sense in light of the fact that the degree is a true DBA.

The UOP does not seem to offer any specializations at the doctoral level, just a general DBA.

One question I would ask about all of these of these programs - where's the economics?? One should not be able to get a doctorate in accounting, finance, or even "financial management" with MBA-level economics.

 

NCU offers a concentration in finance and you'd be hard pressed to find another one offering anything close. There are hardly any ACBSP schools even offering doctorates. Argosy is in candidacy. Anderson offers a DBA. Dakota State offers a DSc as something different. It's in information systems, though. Information systems is often offered as a PhD or DBA in other business schools.

The list of ACBSP is comprised of mostly small schools, techs, community colleges, branch campuses, and a few foreign schools. One might find a PhD in some of those foreign schools. I doubt it, though.

Last I knew was that CSUDH was in AACSB candidacy. So, they are trying to get out of the ACBSP pack, too. I talked to a prof at Anderson who mentioned their interest in AACSB, too.

Bing

 

As a graduate of NSU, I can tell you that their DBA program does have an economics requirement. I would characterize my experience in this course as graduate MBA+ level economics. My term project, for example, was an econometric model. Others did work that less quantitative.

I dealt with some more advanced economics in my dissertation which used agency and transaction cost theory as my base literature.

You raise a good point - DL programs tend to be broad and not deep. I suspect that market research and org behavior folks could ask "where is the psychology" in these programs?

Regards - Andy

 

Since the Calculus series is not required to complete an MBA in most business disciplines and it is often the ticket into the business doctorate, there a limits (no pun intended) on how far these doctoral programs can be expected to go into econometrics and number crunching. My observation is that attitude measurement is an enormously complex affair, especially in situ of the social context, but when I read the economics literature I see absurdly tidy formulae and bold statements about human behavior...

Dave

 

Most readers of this forum would be surprised to learn that the top doctoral programs in accounting and finance prefer students with math, engineering, hard science and economics undergrad degrees, supplemented by an MBA, to students with a BBA/MBA (or MSA). The reason - the quantitative nature of doctoral programs in accounting and finance.

That being said, I know lots of people, including myself, that entered their doctoral programs with a BBA undergrad/MSA. Unless the student had taken calculus as an undergrad, they were either required to take the undergrad course or a "quantitative methods" course, typically in the economics department, that covered the basics of calculus and linear algebra.

With few exceptions, financial accounting and finance Ph.D. candidates take both microeconomics and econometrics at the doctoral level. At some schools, students specializing in managerial accounting, accounting information systems, or accounting history are able to avoid the econometrics course.

There probably are some programs that don't require doctoral level microeconomics for certain specializations, but it is a pretty safe bet that a recent graduate of an AACSB-accredited finance or accounting program has taken it.

I routinely tell my students interested in accounting doctoral programs to take calculus, linear algebra, differential equations and as much calculus-based stats and econ as they can. I would tell someone interested in Finance to do the same.

 

The first two semesters of calculus are generally required for entrance in an MS Statistics program, so I think doctoral students in the social sciences who have had these have an advantage when it comes time to conduct statistical analyses. I suggest this as a compromise to doing essentially what might be a undergraduate math minor.

Dave

 

I've looked at many AACSB doctoral accounting programs and they usually recommend taking a class in matrix algebra. Does anyone know if matrix algebra and linear algebra are considered the same class? I've never seen an algebra class offered that was titled "matrix algebra" but linear algebra seems to be common.

 

No, they have different purposes. A good reference on the history of mathematics will have some detail... However, Wikipedia has a simple explanation of the relationship between Matrix Algebra and Linear Algebra:

"Matrix theory is a branch of mathematics which focuses on the study of matrices. Initially a sub-branch of linear algebra, it has grown to cover subjects related to graph theory, algebra, combinatorics, and statistics as well."

Reference

http://en.wikipedia.org/wiki/Matrix_theory