With banking careers no longer what they were, moving into academia is increasingly appealing. Greg Fleming's done it, and lots of other bankers apparently want to do it. Trouble is, becoming an academic isn't very easy.
Greg isn't the only banker to have the idea. There's also Scott Moeller, a former Deutsche and Morgan Stanley banker turned CEO and director of executive education at Cass Business School; Simon Taylor, an ex-equity analyst at JPMorgan, turned director of the Master in Finance Programme at Judge Business School; or Duncan Angwin, a former corporate financier at Hambros Bank who's now associate professor of strategic management at Warwick Business School.
Unfortunately, ex-bankers say academia is almost as difficult to get into as banking itself. "In many ways it is more competitive than banking because the achievement process is opaque, the measurements are almost exclusively subjective," says Peter Hahn, a former banker at Citigroup and academic fellow at Cass...
Sarah Butcher writes at eFinancialCareers.
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