By Hanna McLeod
It is quite likely that most of us are familiar with accounts for how business is changing, and the subsequent demands this has for a nimble workforce. Business schools are facing greater expectations for preparing graduates who can adapt to changing realities. However, what is the workforce in business schools themselves dealing with, and how have they changed over the past few years?
Below I share data regarding the types of changes indicated by AACSB schools in regard to types of faculty and staff.
One initial observations that I made looking at this data is that the majority of schools (55 percent) indicated an increase in full-time staff over the five year period – more than any other category. The smallest percentage of schools indicating a decrease was also for full-time staff.
In regard to total full-time faculty counts, a majority of schools also indicated an increase in counts (55 percent of schools); however, the percentage of schools indicated a decrease (41 percent) is also relatively high. The most pronounced differences are seen within full-time, untenured faculty, on tenure track, where only 38 percent of schools indicated an increase in these positions, and the majority at 53 percent indicated a decrease.
Although the above data is not conclusive about what is occurring in the business school workforce, it may serve as a glimpse to how proportions of full-time staff and the types of full-time faculty positions may evolve in the future. Could we see a greater reliance on full-time staff or full-time, non-tenured faculty? Is this already becoming a reality at your school?
(If you find this topic interesting, I suggest also reading this article by Juliane Iannarelli)
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