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Junior faculty, especially those who joined the department within the past three years or so, usually do not participate in PhD programs although they occasionally appear on students' dissertation committees. Several critical factors explain this, and we are trying to flesh these out from our own experiences. Serving as a student's PhD advisor or dissertation chair (the two are often synonymous) entails putting in a large amount of work to shepherd the student through the process. Most junior professors are motivated or even under the pressure to move forward their own research portfolios, and so are unwilling to make this commitment of time and effort. Second, although most schools do not seem to adhere to a stringent set of criteria regarding who can be PhD advisors and who cannot, typically a person assuming the role is a professor who has had considerable research experience and also some level of visibility (the latter does not apply to all, of course) in her own domain. Clearly, few junior faculty fit into this profile. Third and in terms of research, a young faculty member is more likely to collaborate with her former colleagues at the school she had graduated from, including her PhD advisor and other faculty. At her current school, that is her employer, she may be inclined towards working with other faculty in the same academic unit if their interests do converge, but rather infrequently with PhD students at the school. Driven by the desire to have their research published quick and smoothly, she may consider bringing PhD students in her projects as a "precarious" decision with no assured outcomes. On the other hand, she is often equally unwilling to get involved in projects initiated by the students. Notwithstanding, collaboration between junior faculty and PhD students is not absolutely out of the question, as instances of this arise now and then.
In one word, except for exceptional circumstances, do not expect junior faculty to help with your research, not to mention being your mentor. This might be true even if a junior professor sits on your committee. For most of us, perhaps the surest path in research pursuits starts from being a devoted research assistant to a senior level professor (even one close to retirement sometimes), who usually becomes dissertation chair at some point; this approach coincides with what is suggested in the response posting here. A prevailing practice at top schools is that students work on projects intended for publication early on in their PhD journey under close supervision of their advisors. This is evident if you look at the authorship information on the working papers or publications listed in the vitas of job candidates from top schools. At most non-top schools, in contrast, student-faculty relationships often do not go much beyond dissertation work; even if they do, the probability is limited that they lead to published research in outlets at the student's desired level, such as B or above. If, unfortunately, you are attending such a school, you may want to exercise, from the outset, the same standards of excellence as those at top schools or even to find collaborators there. This may sound tricky or unrealistic but work, although in reality not many are ambitious enough or are willing to break through their "comfortable zone".
Specifically for the Finance Department at Kansas University, the large or insubordinate presence of junior faculty may not pose as a concern. The reason is that the program is exceedingly small (only a few students are enrolled in any time of the year) and so is taken good care of by the senior faculty, although they are quite outnumbered by the former. Also, the Kansas program stands out as being highly colleagiate and supportive. |
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