Assistant Professor of Practice

Professors of Practice focus heavily on applied teaching and bridging theory with real-world experience, often in non-tenure track roles. In Wellesley, this role emphasizes cross-disciplinary approaches and engagement with a diverse international student body, unlike traditional tenure-track positions that prioritize research.

Candidates usually hold a Ph.D. in economics or equivalent completion plans and demonstrate proven teaching excellence. This role prioritizes practical application of economic theories, especially in macroeconomics, and the ability to connect global business insights with academic content.

While non-tenure track, Professors of Practice may receive contract renewals and can build reputations as experts integrating practical experience into academia. Advancement often involves expanding teaching portfolios, securing continual contract renewal, and contributing to interdisciplinary programs.

The American Economic Association fosters an inclusive environment valuing diverse perspectives and excellence in teaching. They support professionals who integrate global economic viewpoints with practical business applications, encouraging cross-disciplinary collaboration and innovation in pedagogy.

They provide resources and frameworks that enable faculty to deliver integrated coursework, especially in macroeconomics and related electives. Their commitment to diversity and international engagement helps professors develop curricula that resonate within dynamic academic and business contexts.

With Boston's dense academic ecosystem, competition is robust, especially for roles blending teaching with applied economics. However, Wellesley’s unique focus on entrepreneurship education attracts candidates skilled in practical economic applications, slightly differentiating its hiring landscape.

These roles generally command salaries ranging from $70,000 to $95,000 annually, reflecting the balance between academic qualifications and practical teaching expertise. Compensation often factors in the institution's prestige, local cost of living, and the candidate’s experience bridging theory and practice.

While a Ph.D. remains essential, certifications in teaching methodologies or economic analysis tools can enhance candidacy. Given Wellesley’s diverse student body, demonstrating skills in cross-cultural communication or international economics may also provide an edge.

Babson emphasizes entrepreneurship and global business perspectives, so daily tasks involve designing courses that connect macroeconomic theory to business applications. Faculty often engage with international students and collaborate across disciplines, fostering a dynamic classroom environment.

Beyond macroeconomics, candidates may teach international trade, behavioral economics, and specialized undergraduate electives. This variety enables professors to address gaps in existing offerings like money & banking or international finance, enriching the overall curriculum.