- #36
twofish-quant
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Rika said:It really depends. I have always wanted to have a work which uses my creativity and imagination to the greatest extend. Science turned out to be bad for that.
I think it's good for that.
Yes but most people study physics because they want to do physics (if not in academia then in industry). If they wanted to do finance/programming they would study it. You like working in finance because it's similar to physics in some aspects but there is no guarantee that somebody else will enjoy working in finance/oil and gas because he/she is physics major.
No there isn't, but as long as there is *something* out there that is not totally awful, things will work. Just from random chance, something out there will work.
There is a trade-off between "money" and "enjoyment." If something was totally fun, you wouldn't have to pay people to do it. Part of the reason that companies emphasize "fun" is honestly so that they can pay you less to do the work. The reason that physics Ph.D.'s make more money doing finance than physics, is that physics Ph.D.'s don't want to do mathematical finance, so you have to pay them more.
I think that there are many people like ParticleGrl who would prefer engineering/applied physicist jobs over finance. If they knew that getting HEP PhD leads them to finance they would choose different field or branch of physics.
The big bottleneck in getting a Ph.D. physics job in finance is geography. You have to move to a major money center like NYC, London, Hong Kong, or Singapore. Some people hate NYC. I turned out to like it.
So yes there are well-paid jobs* that you can get with physics degree
*but they often have nth to do with physics
Not true. Investment bankers are not into charity. The reason that they hire theoretical physicists is that the basic equations of finance are the exact same ones you find in astrophysics. It's really cool. It's also cool *why* the equations are the same.
Most of the jobs in finance essentially involve plugging numbers into spreadsheets. However, if you want someone to think about *why* those equations are what they are, then you need someone that is skilled at mathematically modelling complex systems, often through partial differential equations. Hmmm...
Finance Ph.D. very rarely use partial differential equations (although they use a lot of ordinary differential equations).
If you do research afterwards then yes - it's not a waste of time. But if you spend 7+ years to master the skill which you won't use for the rest of your life it is. Life is too short for that.
Neil Armstrong spent three days on the moon after a decade in which hundreds of thousands of people put them there.
Also at least in my case, the Ph.D. is immortal. My death notice is going to mention that I got a Ph.d., and it's going to be recorded in the family histories.
If you don't go standard route you are always considered to be a failure.
By whom?
Something that is true for me is that you get more social respect for doing things different, than doing things the same way.
You are right. From what I understand OP said he works hard "to be ahead of his peers" which means for me that he wants to be on top of his field.
My country is poor, most people are poor and they don't feel rich because they earn a little more than they peers.
Most people in China are poor. Most people in China don't want to stay poor, and if they can't get rich, then they'll have a revolution. Making a billion people rich involves a huge investment in science and technology.