- #71
imy786
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wow great comments, it was good idea that i did start off this thread, anywayz at one time i was keen on persuing a PHD in physics, defintely not now.
I don't see how one could persue a PhD.imy786 said:wow great comments, it was good idea that i did start off this thread, anywayz at one time i was keen on persuing a PHD in physics, defintely not now.
This kind of answers why PhDs are still special -- imo, you have to go to a good "school" to do your PhD; ie. one with world-class researchers.gravenewworld said:Yes there are jobs that require a PhD. But just remember, for that position there are 30 other applicants for that spot, not only are you competing against people that have graduated from places like MIT, Harvard, etc. you are competing against a TON of individuals who have gotten their PhDs from over seas. 99% of people who go to grad school aren't fortunate enough to go to the top 5 schools in the country and will have extreme difficulty getting a job with their PhD.
Ahhh, the money thing.While someone is in grad school for 5 years, then doing a post doc for another 4 years I have already worked for almost 10 years and have made $500,000+, bought a decent house and car, started a family, and my retirement account has compounded exponentially for all that time, while someone who has decided that they want a PhD only starts making real money by the time they are 30-35. And by then with 10+ years experience I could probably make about 60-65 grand, while a fresh PhD would start at around 60-70 grand. All that time too I have the opportunity to earn a Masters degree while my company pays for everything which could even increase my salary further.
Also remember, that if you have any student loans, the interest piles on the entire time while you are pursuing a PhD which can add on thousands of dollars that will be due on a student loan.
I would say don't live out in the "real world" -- a PhD requires a continuation of knowledge -- and you probably get money concerns which stop you doing your PhD.I would highly recommend that everyone who is an undergrad now, but wants to go to grad school for a PhD live out in the real world first for 2 or 3 years. Grad school will always be there for you, you can always go back if you want. See what it is like to pay rent/mortgage, student loans, car payments, utilities, groceries, etc. After that, if you think you are comfortable living on 20-25 grand per year, then by all means go to grad school.
J77 said:I think yours comes from having gone into industry -- which begs the question, how can you advise against a PhD when you haven't done one?
J77 said:...which begs the question...
gravenewworld said:I know several physics people who ended up getting jobs as commodities traders on wall street, business analysts, and computer programmers.
cristo said:Is that a bad thing? Just because someone earns a PhD in a subject does not necessarily mean that they intend to pursue a career in academia. In my opinion, one does not have any idea as to what a career in academia would entail after finishing their undergraduate degree, and a PhD is a good way of seeing whether the career suits them. This is by no means a waste of time! As J77 mentions above, a student (in the UK) gets paid to undertake a PhD (I think it's more like £12k nowadays), which is not a bad wage to start on. By the end of a PhD, a student will know whether he will fit into a career in academia, and whether he is good enough! If not, then one could start a job in, say, a graduate scheme for a bank, or something like that, having learned many transferable skills, and only being three years older than his undergraduate counterparts.
Earlier on in the thread, you gave the impression that obtaining a PhD implies that one is pretty much unemployable, and that it is a waste of time! Well, 3 extra years of study in a subject that one enjoys, at the age of 21/22 is hardly a waste of time, no matter how you look at it.
It seems to me that this thread has deteriorated into a "doom and gloom" thread spelling out the dangers of studying for a PhD. I'm not sure that this is helping any student balance the pro's and con's of further study!
cristo said:Is that a bad thing? Just because someone earns a PhD in a subject does not necessarily mean that they intend to pursue a career in academia. In my opinion, one does not have any idea as to what a career in academia would entail after finishing their undergraduate degree, and a PhD is a good way of seeing whether the career suits them. This is by no means a waste of time! As J77 mentions above, a student (in the UK) gets paid to undertake a PhD (I think it's more like £12k nowadays), which is not a bad wage to start on. By the end of a PhD, a student will know whether he will fit into a career in academia, and whether he is good enough! If not, then one could start a job in, say, a graduate scheme for a bank, or something like that, having learned many transferable skills, and only being three years older than his undergraduate counterparts.
Earlier on in the thread, you gave the impression that obtaining a PhD implies that one is pretty much unemployable, and that it is a waste of time! Well, 3 extra years of study in a subject that one enjoys, at the age of 21/22 is hardly a waste of time, no matter how you look at it.
It seems to me that this thread has deteriorated into a "doom and gloom" thread spelling out the dangers of studying for a PhD. I'm not sure that this is helping any student balance the pro's and con's of further study!
cyrusabdollahi said:Youtch. 12k a year is pitiful. Most entry level engineers get starting of around 45-50k per year. Thats more than double.
gravenewworld said:Well, sorry I wasn't clearer. What I am trying to say that with a PhD you have to be ready for the fact that you might not get job doing what you are trained for. I was simply trying to respond to posts that said that their life wouldn't be complete without doing physics for the rest of their life. I was trying say that with a PhD in physics, employment as a "Physicist" may be awfully difficult to find. If you can live with this fact, then getting a PhD might not be so bad. But don't be upset over the fact that once you leave grad school with a PhD, you may never do a physics lab experiment ever again if you can't find employment as a physicist. So the question you should really ask is "Am I willing to get a PhD in physics if I may not be employed as physicist but rather find a job as a ____ ?" (you can fill in the blank with any job you can think of).
cristo said:It's not that bad. ~$25k plus $x depending on how much tutoring/marking you want to do. Admittedly, it doesn't compare to industry, but $30k is enough to live on!
ZapperZ said:This is the latest statistics from the AIP regarding employment for Bachelors, Masters, and Ph.D's in physics, including "satisfaction" in their choices of field of study and where they end up.
http://www.aip.org/statistics/trends/reports/emp.pdf
Judge for yourself. This is THE most complete study of this type anywhere for the job situation in the US.
Zz.
cyrusabdollahi said:That pay is sad all across the board.
ZapperZ said:But is this news?
Have you seen the pay scale for other academic areas? Note that for those accepting academic positions, these are roughly the SAME pay scale for all assistant professor position. So this isn't JUST unique for physics.
Zz.
cyrusabdollahi said:I agree, its sad all around. That is as much pay as a high school dropout working at McDonalds. At the very least, a BS should start at 50k, MS 70K and a PhD at 80-90k.
It's insulting to be offered 20k a year for a technical position when you can clean garbage cans for the same amount of pay. If someone offered me 20k for a job, Id laugh at their face and walk out the interview office.
cyrusabdollahi said:No, I can get an education while working. I get the best of BOTH worlds, but it will take longer and be harder.
I don't need to be an underpaid slave for 25k a year. And I could get a PhD in something related to my work, thus benifiting both myself and my company.
Also, those are pay for someone out of school. Your not getting any educatoin based on that chart. You are just doing work for some company.
cyrusabdollahi said:And those are exactly the topics that will keep you unemployed.
cyrusabdollahi said:And those are exactly the topics that will keep you unemployed.
Quaoar said:Haha, who cares? If you are doing a topic that is primarily academic, then you've chosen to remain in academia. Some people make this choice because they love the subject. It's not all about money.
cyrusabdollahi said:Youtch. 12k a year is pitiful. Most entry level engineers get starting of around 45-50k per year. Thats more than double.
I'm looking for a challenge
Quaoar said:Haha, who cares? If you are doing a topic that is primarily academic, then you've chosen to remain in academia. Some people make this choice because they love the subject. It's not all about money.
cyrusabdollahi said:Whats so special about being a grad student? If you are going to work in industry, I promise you that your co-workers with experience know more than you after you graduate with your graduate degree.
leright said:Not necessarily. While the people in industry are doing paper work and administrative duties and dealing with red tape (which isn't necessarily hard to learn...just boring and annoying) the graduate students are spending almost all of their time learning technical subject matter and working on their research.
cyrusabdollahi said:What? No, they are doing engineering work and analysis. Things like FEA, PDP, and the like. They have experience doing what you read in a book.
leright said:Not necessarily. While the people in industry are doing paper work and administrative duties and dealing with red tape (which isn't necessarily hard to learn...just boring and annoying) the graduate students are spending almost all of their time learning technical subject matter and working on their research.