About Junior Faculty Program
The JunDP is headed by a Director. The Director has to be a member of the senior faculty at the Faculty and is determined by the “Fakultätsrat” of the Faculty of Economics. The Program has administrative support from the Faculty.
The Junior Faculty elects two representatives from among themselves. These representatives have voice in all decisions taken within the Program.
The Junior Development Program is designed for all Junior Faculty members of the Department of Economics and the ifo Institute. It combines structured mentoring with course and coaching elements and aims at offering the best possible environment for a professional career.
Benefits and Obligations
I. Structured Mentoring for academic advice
II. Full access to ifo’s experts, networks and training offerings
III. LMU Affiliation
IV. “CESifo Affiliate” Status
V. Involvement in Munich guest programs
VI. Departmental Research Fund
Each mentee (Junior Faculty) is assigned to two mentors (Senior Faculty), one scientific mentor from her/his field and one “general” mentor from outside her/his field. The mentors advise the mentee in all matters pertaining to the academic career, meet on a regular basis, discuss the timetable, the work schedule, and development plans. The mentors agree to support the progress and success of mentees, give subject-related advice, and assist the candidates in establishing an international network. Mentees and mentors agree, by participating in the program, to document their relationship and assist the program in documenting and reporting and to participate in a possible program evaluation.
Upon entering the Program, formal Mentoring Agreements will be signed between the Mentee and her/his Mentors. These Mentoring Agreements will:
- ...state the rights (e.g., access to courses) and obligations (e.g., structured contribution to the teaching curriculum) of the Junior Faculty.
- ...detail specified milestones (papers, courses, teaching, international exposure, research stays abroad, grant writing). Mentors support the Junior Faculty in achieving these milestones.
As member of the JunDP you are appointed as an examiner for the bachelor and the master program. Hence you may independently teach all courses/seminars/colloquia at the bachelor’s and master’s level (within the above described framework) and also may supervise bachelor and master thesis. In general, master courses can also be taken by PhD students.
Regarding teaching, each Junior Faculty has to define the teaching group it will be affiliated to. Teaching offerings in the department are coordinated within four teaching groups:
- Empirical Economics (Coordinator: Joachim Winter)
- Macroeconomics (Coordinator: Uwe Sunde)
- Microeconomics (Coordinator: Klaus Schmidt)
- Public Economics (Coordinator: Andreas Haufler)
After two years, the progress and performance of the Junior Faculty member is reviewed by a committee consisting of the Director (see Contacts) of the Program, the Dean, the Dean of Research, the Head of Junior Recruiting, and an additional scientifically qualified Senior Faculty.
In case the committee concludes after the evaluation that the performance and prospects for an academic career are satisfactory, the Junior Faculty member will be granted membership in the Program until he/she leaves his/her Junior Faculty position at the faculty or at one of the affiliated institutions.
In case the committee concludes after the evaluation that the performance and prospects for an academic career are non-satisfactory, the Junior Faculty member will receive tailored counseling and will be supported in his orientation towards the non-academic job market.
Periods of parental leave or other interruptions of the progress (as, e.g. extended periods of sickness or intense child care) will be appropriately considered in these evaluations.
All Junior Faculty is expected:
- ... to actively participate in the seminar and guest programs of the Faculty and the affiliated institutions.
- ... to be actively involved in the supervision of Research Master and PhD students in a role as Junior Faculty Mentors and also as members of Dissertation Committees according to the regulations specified in the doctoral degree regulations (“Promotionsordnung”).
- ... to make a systematic contribution to the Faculty’s teaching curriculum. This contribution will correspond to individual circumstances (in particular the requirements and demands of the respective funding situation). All Junior Faculty are part of a Teaching Group at the Faculty.
- ... to, after successful evaluation, make a credible effort to acquire third party funding or/and to contribute to larger scale grant writing efforts on the Faculty level.