Pros and Cons of Being A College Professor
If you're thinking about directions for your research career, one possibility is to become a professor, teaching and researching in a university context. This is one of the most desirable jobs among young academics, and something that people often strive for. But what are the pros and cons of working as a college professor?
The Benefits of Being a College Professor
One of the biggest pros of working as a college professor is the freedom that it offers you in terms of research. Once you are senior enough, you can choose which projects to work on and pick the methodologies which you think will be most effective. You get academic freedom and the chance to select which problems you research and how you work on them. It's rare for a job to offer such intellectual freedom.
Further, the teaching and research work of a professor is very interesting, giving you the chance to always be learning and to engage with highly stimulating problems. Teaching students and engaging their interest in your subject is highly rewarding, allowing you to shape and inspire the next generation of academics.
Another big plus is that working hours in academia are often more flexible than in other professions. So if you want to leave the office early to pick up a child from school, and then work later in the evening once your child is asleep, this is often possible.
Or if you want to take a sabbatical, it's possible for senior professors to arrange a few months to a year off from their regular teaching duties so that they can go and research in a different place, or to step away from teaching for a while to work on writing a book, for example.
Finally, when you are in your mid-career stages on the way to becoming a professor, there are many opportunities for travel. You can get a job in many places all over the world, and you can travel to new places for conferences or research visits. If you enjoy exploring new places and getting to know new cultures, languages, and cuisines, then working as a professor offers many chances for you.
The Negatives of Being a College Professor
One of the biggest issues with being a college professor is that because there are a large number of highly qualified academics competing for a small number of professorship jobs, they are highly competitive. Even a talented and hard-working researcher who has published extensively and has teaching experience may not ever manage to land a permanent professor job.
This means poor job security, where researchers who are waiting to find a professorship role must take on a series of temporary jobs with contracts ranging from 6 months to a few years. This insecurity is stressful, and means that you will have to be constantly vigilant about finding and applying for new roles.
If you do successfully get a permanent job as a professor, there is also the issue of compensation. Professors are by no means poorly paid, and they typically earn enough to live comfortably and to raise a family. However, someone with the level of skill and experience that a professor has could almost certainly earn much more money in the private sector.
Another issue with working as a professor is that long hours are typical. As we discussed before, hours do tend to be flexible, however, it is still typically expected that professors will work in the evenings and on the weekends. In some cases, it can even be difficult for them to take the vacation days which they have earned, as there is just too much work for them to be able to take time off. In order to remain at the front of the profession, you will have to work many hours each week, and have to sacrifice time for family, friends, and hobbies.
Tips for reformatting your manuscript to submit to a new journal
As every academic knows, writing a paper for submission to a journal is a long and arduous process. It is common for papers to be rejected from the first journal that you submit to, so you will have to reformat the manuscript and resubmit it to another journal.
The INOMICS Questionnaire: Fratzscher vs Rossi-Hansberg
Esteemed economist, Princeton Professor, and friend of INOMICS, Esteban Rossi-Hansberg, generously took time out of his busy schedule to take part in the second INOMICS Handbook Questionnaire. Opposite him, in his customary role of quizmaster, was Professor Marcel Fratzscher, president of the DIW Berlin, and one of Germany’s leading voices in macroeconomics. Keeping with tradition, and as a nod to the heavyweight reputations of those involved, we dubbed the encounter ‘Fratzscher v Rossi-Hansberg’.
A Guide to Dating in Academia
Dating in academia is riddled with potholes, the most immediate of which is do not stray far from your academic discipline. Curious indeed considering that the academic world is meant to be populated by an abundance of young and energetic minds from a variety of different cultures, races and ethnicities, all of whom are hungry for new information and experiences. One would think that such an environment would provide the perfect dating terrain, right? Wrong!