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After reading many of these threads, I have discovered that it is very difficult to get a job at a 4 year university after obtaining a Phd.
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<p>As others here have pointed out, this is an extremely strong function of what discipline you're talking about. There are some fields (i.e. humanities) that I agree are rather difficult. But in other fields, like business academia (i.e. finance, accounting, operations management/research, marketing, strategy, to some extent organizational behavior, and so forth), almost any newly minted PhD can get a tenure-track job at some university. That's because if there is one field in academia that is truly growing like gangbusters, it's business schools. Not only that, but numerous business PhD students don't even intend to enter academia at all, but instead are looking to head off to strategy consulting, investment banking, hedge funds, venture capital, and so forth - which obviously lowers the competition for academic positions. </p>
<p>To be sure, it is very difficult to get a tenure-track offer at the very best B-schools (i.e. HBS, Stanford, Wharton, Kellogg, etc.). But if you're satisfied with just working at some lower-ranked business school, you can almost certainly get something. It may be a 4th tier school, it may not even be in this country (i.e. a lot of the growth of business schools is happening in Europe and Asia), and you may end up teaching business subjects that are not aligned with what you studied (i.e. I've seen org behavior people end up teaching strategy), but you can still get something.</p>
<p>But this also points to a possible optimization. Instead of getting a PhD in a pure academic discipline, you may consider adjusting your PhD plans to be more business-oriented. For example, instead of getting a PhD in psychology or sociology, get a PhD in organizational behavior, which is almost the same thing but is more geared towards business. Instead of getting a PhD in mathematics, get one in operations research, which is not that different. Instead of getting a PhD in political science, get a PhD in policy. That's a way in which you can hedge your bets and be more "business-ish".</p>