Marketing Faculty Retirement Plans: Findings,Scenarios,and Recommendations for an Uncertain Future

Abstract

Findings on marketing professors' retirement plans beyond year 2000 indicate that many intend to retire soon. Retirement issues and continuing weakness in the academic job market may present serious obstacles to meeting longer-term demand for terminally qualified marketing faculty members. Recommendations are presented based on two scenarios of supply/demand disequilibria for marketing professors.

Get full access to this article

View all access options for this article.

References

AACSB (1991). Newsline, (June/August). St. Louis, MO: AACSB, p. 5.

AACSB (1992). Newsline, (Spring). St. Louis, MO: AACSB, p.4.

AAUP (1987). "Working Paper on the Status of Tenure Without Mandatory Retirement." ACADEME, July-August: 45-49.

Boroughs, Don L. (1989). "Remember the Ph.D. Glut? Colleges Will Go Begging." U. S. News & World Report, 25 September: 55.

Fuchsberg, Gilbert (1992a). "Female Enrollment Falls in Many Top M.B.A. Programs." The Wall Street Journal, 25 September: B-1.

Fuchsberg, Gilbert (1992b). "Business Schools Team Up With Rivals To Enrich Offerings but Keep Costs Down." The Wall Street Journal, 18 August: B-1.

Gustke, Constance A. (1989). "Will You Be Able to Retire?" Fortune, July (31): 56.

Leatherman, Courtney (1991). "End of Mandatory Retirement Policies Seen Having Little Effect on Professors." The Chronicle of Higher Education, 9 January: A13-A14.

Lozier, G. G. , and M. J. Dooris (1988). Is Higher Education Confronting Faculty Shortages? (Monograph No. 88-4). Houston, TX: Institute for Higher Education Law and Governance.

10.

Putka, Gary (1992). "Yale Committee Urges Bit Cut In Core Faculty." The Wall Street Journal, 17 January: B-1.

11.

Rao, C. P. , David L. Kurtz , and Reid Claxton (1991). "The Impact of Uncapping Mandatory Retirement and Other Factors Affecting Marketing Faculty Retirement Plans." Journal of Marketing Education, Fall: 7-13.

12.

Sowell, Thomas (1992). "Beggars In Tuxedos." Forbes, 27 April: 109.

13.

Stauffer, M. Thomas (1985). "Uncapping the Retirement Age in Higher Education." Liberal Education, Association of American Colleges, 71 (4): 289-294.

14.

TIAA-CREF Participant (1990). August: 2.

15.

The Wall Street Journal (1992). "Labor Letter." 10 October: A1.