Specialized Faculty (Open Rank, Non-Tenure Track) – Department of Finance – University of Illinois Urbana-Champaign

Faculty Opportunity: Specialized Faculty (Open Rank, Non-Tenure Track) – Department of Finance – University of Illinois Urbana-Champaign

• Institution: University of Illinois Urbana-Champaign

• Department: Department of Finance

• Position: Specialized Faculty – Open Rank

• Possible Titles: Clinical Professor / Teaching Professor / Lecturer / Instructor

• Requisition ID: 1038587

• Appointment Type: Full-Time, Non-Tenure Track Academic Position

• Appointment Basis: 12-Month

• Location: Urbana, Illinois, United States

• Expected Start Date: As soon as possible after August 16, 2027

• Starting Salary: From approximately INR 1.14 crore per year

• Visa Sponsorship: Not available

• Application Deadline: January 31, 2027 at 6:00 PM Central Time

Overview of Role

The Department of Finance at the University of Illinois Urbana-Champaign invites applications for an open-rank specialized faculty position focused primarily on teaching.

The department is seeking candidates with strong professional or academic backgrounds who can contribute to undergraduate and professional graduate education in areas such as:

• Risk Management and Insurance

• Corporate Finance

• Investment Banking

• Venture Capital

• Entrepreneurial Finance

• Financial Modeling

• Artificial Intelligence in Finance

Experience with financial data analytics, modeling, or data science is considered highly desirable.

Available Faculty Ranks

Appointments may be made at different specialized faculty levels depending on qualifications and experience.

Clinical Faculty

• Expected to bring substantial professional expertise.

• May engage in applied or experiential work.

• Should contribute to classroom teaching and engagement with business or industry partners.

• Requires at least a Master’s degree or equivalent and extensive professional experience.

Teaching Faculty

• Expected to provide strong classroom instruction.

• May publish on business pedagogy and contribute to curricular development.

• Requires a Ph.D. or equivalent terminal degree.

Lecturers

• Expected to provide effective classroom instruction and departmental service.

• Requires a Ph.D. or equivalent terminal degree.

Instructors

• Expected to teach effectively and contribute through service.

• Requires at least a Master’s degree or equivalent and relevant professional experience.

Key Responsibilities

Depending on rank, responsibilities may include:

• Teaching undergraduate Finance courses.

• Teaching professional graduate-level Finance courses.

• Maintaining faculty qualifications under AACSB guidelines.

• Contributing to curriculum development.

• Participating in pedagogical or applied research where relevant.

• Engaging with professional and industry partners.

• Supporting departmental service activities.

Some appointments may also involve research.

Minimum Qualifications

Applicants must have:

• Master’s degree or Ph.D., depending on the rank of appointment.

• At least 5 years of experience in senior leadership positions in the financial sector, and/or

• Demonstrated excellence in teaching at undergraduate and professional graduate levels at an accredited institution.

Preferred Areas of Expertise

The Department is particularly interested in candidates with expertise in:

• Risk Management / Insurance

• Corporate Finance

• Investment Banking

• Venture Capital

• Entrepreneurial Finance

• Financial Modeling

• Artificial Intelligence in Finance

• Financial Data Analytics

• Data Science Applications in Finance

Salary & Benefits

The salary range for this position starts at USD 120,000 annually, equivalent to approximately:

INR 1.14 crore per year

Final salary will depend on qualifications, experience, and internal equity.

Benefits may include:

• Health insurance

• Dental insurance

• Vision insurance

• Life insurance

• Retirement plan

• Paid time off

• Tuition waivers for employees and eligible dependents

Visa Sponsorship

Sponsorship is not available for this position.

Applicants should therefore ensure that they have appropriate authorization to work in the United States.

Important Dates

• Expected Start: As soon as possible after August 16, 2027

• Application Deadline: January 31, 2027 at 6:00 PM Central Time

Application Process

Applications must be submitted through the University of Illinois recruitment system.

Requisition ID: 1038587

Official Application Website:
https://jobs.illinois.edu

Position Contact: Hanna Richmond
Email: hrichmnd@illinois.edu

Applications submitted outside the official University recruitment system will not be considered.

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