Christopher KochUniversity of Mannheim, Germany

2012 Auditing Doctoral ConsortiumJanuary 12, 2012Savannah, Georgia

Panel on Career Advice

Your career has already begun! 2

Takeaways

Build your reputation Become international Balance your life

3

1. Build your reputation 4

Become known• Good

research• Presentatio

ns/ discussions

• Topic or method

• New ideas

Get to know others• Attend

conferences

• Meet visiting researchers

2. Become international: Why? 5

Their contribution•Unique

data or setting

•Institutional knowledge

•Ambition

Your contribution•Methodol

ogical rigor

•Writing skills

•ReputationInternatio

nal collaborati

on

2. Become international: How 6

Conferences and doctoral workshops (www.eiasm.org)• Yearly: EAA, ISAR• Bi-yearly: EARNet, Workshop on Audit Quality,

ARW-Suisse

Visiting researcher• Ph.D. programs: Mannheim, Tilburg, Maastricht,

Manchester, LSE, LSB• Research seminars and Ph.D. courses

Professor• Additional professorship (visiting professor/full

professor)• Regular professor (see next page)

2. Become international: Job market 7

Germanyacademics.com

Netherlandsacademictransfer.c

om

UKjobs.ac.uk

Assistant professor,“Habilitand“ - Usually no tenure-track- 60-120 teaching hours -- US$ 57k-62k

Assistant professor

- Tenure-track

- US$ 60k-70k

Lecturer

- Tenure possible- Up to 150 teaching hours- US$ 55k-80k

Associate professor Senior Lecturer-2 A or 5 B-Journal articles- US$ up to 95k

Professor- 5 B-Journal articles- 240 hours of teaching- US$ 80k-120k

Professor Professor

- US$ minimum 90k

3. Work-life balance

Do you have a work-life balance (OECD study 2011)? Do you usually work more than 50 hours a week? Do you think you spend the right amount of time in

Your job Contact with family members Contact with friends Own hobbies and interests

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3. Work-life balance 9

• Prevailing culture and norms within an organisation or country• Flexible hours, unlimited amount of work• Gaining a high degree of job satisfaction

Challenges

• Diminishing marginal utility• Opportunity costs

But: “Too much of a good thing is good for nothing”

• Make a time budget for work vs. enjoy flexibility?• Separate work and life vs. consider work as life?• Etc. …

Achieving a work-life balance