Computational Physicst prospects?

AI Thread Summary
Computational physicists with a master's degree may find it challenging to compete in the job market, as many industries now prefer candidates with specialized training in fields like computer science, engineering, or finance. While skills in numerical analysis and high-performance computing are valuable, sectors such as financial engineering and data science increasingly favor those specifically trained for these roles. Historically, physicists were sought after for their problem-solving abilities, but the rise of specialized programs has diminished their competitive edge. However, computational physicists may still have better job prospects compared to other physics graduates. Exploring fields like quantitative finance, algorithmic trading, and artificial intelligence could yield promising opportunities.
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I'm wondering what kind of work a computational physicist does outside of academia with, let's say, a masters degree. Looking at internships, it seems like the degree is overly general and in most cases a computer science, engineer, business, or math major could do better unless I happen to have a substantial amount of experience in one of the fields. And from what I'm gathering, the more specialized, the better, making a general field less useful.

Are there any good paying fields in industry that would prefer a computational physicist? I'm assuming the numerical analysis and high performance scientific computing experience would be advantageous but I'm not sure where.
 
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I think computational physics was once a good option. But the sectors that would be hiring you can also choose from candidates who have been trained to develop code for sector specific applications.

For example, there's now a branch call financial engineering and computational finance. The sector used to hire physicists, and they still might, but financial engineers are specifically trained in various computational techniques.

Same story for mech, EE, semi-cond. Once upon a time, since so few people were qualified for such jobs, physicists were taken on b/c they could do it. Now that schools are churning out people specially trained for these jobs, physicists are no longer as competitive.
 
Congrats, your job prospects will be better than other physics graduates. You can check out these fields:
  • Quantitative finance
  • Algorithmic trading
  • Data science
  • Computational neuroscience
  • Artificial intelligence (e.g. IBM Watson)
 
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