đ Career Paths in Controlling
The field of Controlling within Business & Economics offers diverse academic career paths. From teaching future business leaders to conducting groundbreaking research, professionals in this area play a crucial role in shaping the financial strategies of organizations.
đ Job Types in Controlling
- Assistant Professor - Entry-level faculty position focused on teaching and research.
- Associate Professor - Mid-career position with increased responsibilities in research and departmental leadership.
- Full Professor - Senior faculty role with significant influence on curriculum and research direction.
- Research Scientist - Focused on conducting research in financial control and management.
- Department Chair - Leadership role overseeing the department's academic and administrative functions.
- Dean - High-level administrative position responsible for multiple departments or a college.
đŤ Top Universities and Institutions
- Harvard University - Known for its strong business programs and research in financial management.
- Stanford University - Offers cutting-edge research opportunities in controlling and financial strategy.
- Wharton School of the University of Pennsylvania - Renowned for its finance and accounting programs.
- London School of Economics - A leading institution for economic and financial research.
- INSEAD - Offers global perspectives on business and financial control.
- MIT Sloan School of Management - Known for its innovative approaches to business education and research.
đź Industry Applications
Professionals in Controlling can apply their skills in various industries, including finance, healthcare, manufacturing, and technology. The ability to manage and control financial resources is crucial across sectors, making this specialty highly versatile and in demand.
đ Job Demand and Salary Expectations
The demand for experts in Controlling within academia is growing, driven by the need for skilled educators and researchers in financial management. Salaries for faculty positions can range from $70,000 to over $150,000 annually, depending on experience, institution, and location. Research positions may offer competitive salaries with additional funding opportunities through grants and fellowships.
đ° Funding and Hiring Trends
Academic institutions are increasingly investing in research related to financial control and management, leading to more funding opportunities for researchers. Hiring trends show a preference for candidates with interdisciplinary skills, capable of contributing to both teaching and research in Controlling.
Associations for Controlling
Institute of Management Accountants (IMA)
A global association dedicated to advancing the management accounting profession through education, certification, and research.
Chartered Institute of Management Accountants (CIMA)
The world's largest professional body of management accountants, providing qualifications, training, and resources for business finance professionals.
International Controller Verein (ICV)
An association focused on promoting controlling practices and networking among controllers in German-speaking countries and beyond.
Institute of Internal Auditors (IIA)
A global organization that sets standards and provides certifications for internal auditing to enhance organizational governance and risk management.
Controllers Council
A professional community offering resources, webinars, and networking for corporate controllers and CFOs in the United States.
Asia-Pacific Management Accounting Association (APMAA)
An association promoting research, education, and practice in management accounting across the Asia-Pacific region.
Institute of Certified Management Accountants (ICMA)
An organization providing certification and professional development for management accountants in Australia and internationally.

