As I’ve previously mentioned, last year I went to the economics job market. The job market is an incredible annual event that sees thousands of newly-minted PhDs and young researchers from around the world pitted against each other in a global battle for careers at hundreds of universities, government agencies, international NGOs, banks, start-ups and other multinationals such as Facebook and Microsoft. It’s huge. It’s stressful. And, for a young economist about to leave the safety of the student nest, it’s incredibly confusing.
One of the things that really struck me on the market is that not every candidate is on an equal footing when it comes to understanding the process. I found myself playing catch-up once the market opened, whereas for some of my (largely US-based) peers, their universities start training them for years before they were even applying.
So I’ve put together some tips for surviving the market for this and future year’s candidates, based on my experiences. There are plenty of very good advice articles online, especially:
- John Cawley’s fantastic guide (mandatory reading for any candidate),
- Advice from the Royal Economic Society in the UK,
- and some tips from past PhD candidates at the University of Chicago.
These articles are invaluable, not least to help ease the stress of what can be an especially trying experience for a young researcher. To these, I’m adding some advice from my recent experience as a Europe-based applicant. I’ll be giving a seminar to prospective job-market candidates from my alma mater on Wednesday, and I’ve expanded the presentation so that the slides can stand alone. Hopefully some readers find them useful. Comments/suggestions are very welcome.
(Note: If your browser doesn’t let you see the embedded pdf, there’s a download link below.)