Wallace began his academic career teaching at Dallas Seminary from 1979 until 1981 and then at Grace Theological Seminary from 1981 until 1983, before returning to Dallas where he has been tenured since 1995.
Wallace memulai karier pengajar akademik pada Dallas Seminary dari tahun 1979 sampai 1981 dan kemudian di Grace Theological Seminary dari tahun 1981 sampai 1983, sebelum kembali ke Dallas di mana ia mengajar sejak 1995.