The hiring of two professors at the Johns Hopkins University's school of international affairs might have passed unnoticed if they had specialized in diplomatic history. But they were experts in finance, and that got people talking.
Money is increasingly on the minds of academics at the nation's schools of international affairs.
Prompted in part by student demand, they are offering new courses, hiring new faculty members, and creating new research centers focused on business and finance. At Hopkins's Paul H. Nitze School of Advanced International Studies, known as SAIS, professors have embraced the trend but some of them only reluctantly. A decade ago, nearly 30 per cent of the graduates of the Hopkins school which offers master's and doctoral degrees took jobs in the public sector, such as in the State Department. But in 1998, approximately 15 per cent of the program's graduates did so. Until now, the school has relied on adjunct professors to teach its new offerings in business and finance.