Haub School of Business
Saint Joseph’s University
Statement on Rank and Tenure Recommendations
The Finance Department follows protocol as dictated by the Faculty Handbook for all Rank and Tenure decisions. Please refer to the Faculty Handbook for further information. The purpose of the following information is to supplement the general Rank and Tenure statement stated in the Faculty Handbook. This will not abrogate any information in the Faculty Handbook. It focuses on some unique aspects of the extra opportunities in the Finance Department for faculty to highlight their talents in all three areas. These additions do not replace the importance of what is stated in the handbook, but merely add to it.
Time table for applications within the Finance Department
The time table for applications within the Finance Department strictly follows the time table presented in the Faculty Handbook.
Tenure / Promotion to Associate Professor / Promotion to Full Professor The requirements for Tenure and promotion to Associate Professor are very similar. Only under extremely unusual circumstances would the Finance Department consider issuing a different recommendation for Tenure and Promotion to Associate Professor.
An academically qualified instructor for AACSB requires the individual have at least three publications in academically qualified journals and two presentations at academic conferences over a period of five years. The Finance Department considers these AACSB requirements to be a bare minimum for any Tenure or Promotion recommendation. However, just meeting of these requirements does not imply a positive recommendation from the department. In addition, an individual’s research productivity is judged on the
basis of both quantity and quality for the journals that the individual chooses to publish in. The department will use sources such as Cabell’s Literature Guide and articles in peer reviewed finance journals which research faculty productivity at the Associate and Full level to help guide them with what is an appropriate for research for the level of promotion desired.
The finance department follows the faculty handbook to identify major and minor indicators of teaching ability. In addition, the department looks favorably on utilizing as much technology as possible to emulate the industry setting. We strongly encourage the use of the Wall Street Trading Room (WSTR) and software programs available in WSTR. The demands of the industry are changing constantly and it is important for financial educators to keep themselves up to date with the latest technology. This is especially helpful for faculty who teach in our investments related track area.
The department follows the major and minor criteria as set forth in the handbook as indicators of services. In addition to what is highlighted in the handbook, our department also recognizes the important contribution to service that may be specific to business related programs. Some examples of these are:
1. Reports on Assessment of Learning Outcomes
AOL reports for AACSB concerns require an extra effort, especially for
coordinated core courses which may have hundreds of students and many faculty
2. Contacts in Industry
Instituting and/or maintaining contacts with people, professionals, recruiters,
potential recruiters, and donors in the industry. Setting up and maintaining
Advisory Boards and Academies for help with maintaining current programs
related to the financial industry.
3. Student Placement (Internship and Fulltime)
While the department understands that part of the faculty members service
component is an academic informational advising role to the student, our
department values additional help to the student beyond the internal academic
information most advisors deliver. We recognize the positive effort that would go
into helping the student become successful in an industry setting through help
with industry contacts, job selection, career mentoring, and helping students get
acquainted with the latest trends in technology and software.
4. Professional Certification
The financial industry is an evolving industry. With this in mind, the department
looks highly on individuals who work to get professional certification such as
FRM, CMT, CFA, ChFC, CFP among others.