- #36
StatGuy2000
Education Advisor
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GCarty said:Three questions I'd like to ask:
1. What could I do in my spare time after work that could improve my earning potential?
2. If I was able to relocate in the future, what opportunities could I as a physics PhD pursue that would give me a good chance of £50k+/year earnings? (I know about quantitative finance, but any others?)
3. What should I do if my parents start humiliating me by pointing to non-graduates on salaries far higher than my own? (Such as the Tyne and Wear Metro drivers going on strike tomorrow, who are on £32k/year, or £37k/year if they do overtime...)
Here are my answers to your question (you can take these answers for what they are worth):
(1) Since you already have skills as a programmer as well as a physics PhD (in the area of simulations), I would suggest expanding your portfolio in programming into numerical simulations and the like. Another thing in your spare time that could improve your earning potential would be to learn more about statistics or machine learning, as data mining and analytics are increasingly in demand.
(2) You have already pointed out quantitative finance. I'm only vaguely aware of the economic situation in the UK apart from what I have read in the Economist, but some as I've pointed out in (1), data mining/business analytics may be one lucrative area you could pursue. You could also try your hand at statistical programming for pharmaceutical companies or contractors.
(3) I would ignore anything your parents say regarding salaries of others, as it is none of their concern what you earn so long as you are gainfully employed in an area that utilizes your skills, and you earn the salary that makes you feel good. I don't want to speak ill of other's parents or families, but it seems to me that your parents come across (at least from your description of them) as incredibly selfish, without any regards to your happiness. If that is the case (and I apologize in advance if I'm mistaken), then it is best to keep as much of an emotional distance between them as possible, even while living with them. You are an adult, and should take stock in and be proud of your own achievements, and do not feel that you owe anyone anything for them.