Career Goals and the Importance of Making Money: My Perspective

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SUMMARY

This discussion centers on the relationship between career goals and the importance of making money. Participants express varying views, with some prioritizing personal happiness and passion for subjects like mathematics over financial gain, while others emphasize the necessity of income for stability and ethical considerations. The conversation highlights the tension between pursuing fulfilling work and the realities of financial pressures, particularly in the context of academic versus industry careers. Notably, the potential for a lucrative career in academia, such as becoming a professor with a salary exceeding $100k/year, is mentioned as an attractive option for those passionate about their fields.

PREREQUISITES
  • Understanding of career development concepts
  • Familiarity with academic career paths, particularly in STEM fields
  • Knowledge of financial stability and its impact on personal well-being
  • Awareness of ethical considerations in career choices
NEXT STEPS
  • Research the salary ranges for academic positions in mathematics and physics
  • Explore the impact of financial stability on mental health and career satisfaction
  • Investigate ethical career practices and their importance in various industries
  • Learn about the challenges and rewards of working in small versus large companies
USEFUL FOR

This discussion is beneficial for students, early-career professionals, and anyone contemplating the balance between financial success and personal fulfillment in their careers.

  • #31
khemix said:
To the people saying money is not important, you are living in denial. If it was not important, you would not be in college attempting to complete a degree; self study would suffice.

Maybe self-study would suffice for some...but personally I would not have learned quantum mechanics, statistical mechanics, ODE's, PDE's, or any other college level topic in a mathematically and scientifically rigorous way if I did not have an academic gun to my head! There are lots of things I would not understand to a usefull degree (to the degree that I can easily apply these concepts to real problems and actually get something out of it) had I not gone through a structured program with required assignment and deadlines.

Not to mention, I would not have had hands-on experiences with things that you don't just import into your home...like Scanning electron microscopes, CO2 lasers, or Raman Spectrometers.

Furthermore...people (meaning researchers, professors, other students, etc) know things...that you just can't find (at least not easily or practically) through reading on your own - interesting things you learn by talking to people that you would have never found otherwise. Of course, now we have the forums for that...but I still believe talking to people in person about physics is important.

I do understand that money is relevant. This education allows me to pursue a career, which I assume will ultimately support me and my future family. But surely you must also understand that if money was the only thing I was after, I would not have chosen physics.

In any case, these are my opinions while being near the end of my undergraduate physics degree program. Regular internships have given me a taste of the real world, but I certainly don't claim to be experienced considering that there are probably some old timers (i.e. people over 25) posting here!
 

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