TheKracken
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Reading that reddit thread makes me want to go that route even more :D
If you have a Phd in physics the general consensus is that you will do fine financially, but may not be doing physics after your phd.
homeomorphic said:That may be true, but I think it's only true if you are prepared. If you are unprepared, like me, you will probably end up underemployed and have quite a hard time after you graduate. I have another number theory PhD friend who graduated just before me who is in the same situation. And there are plenty of anecdotes of people having trouble, so there's no guarantee that it won't be a very painful transition to make. I don't care about money at all, except as a safety net and a way to being able to do things like quit my job and be self-employed, but I'm not really able to even make a living right now, which is not very cool.
Besides your horrible research experience (which is not the same for everyone) did you enjoy grad school and everything you learned?
I guess that is my point is that you did get something out of it. That being an education that you actually value.
How could one go about "preparing" themselves? What is it that all the physicists/mathematicians who transition into finance/wall street usually do to prepare themselves for such a job?
I think we should have a goal in Physics. We should aware of what we want to achieve. And then work hard to get the goal. I am sure that if you work hard then you will never struggle for jobs and money.
How much time to pure mathematicians actually spend applying the mathematics to modelling problems?
Even in physics I've met some post docs who can calculate up a storm like nothing at all, like crazy good holy cow, but who then seemed to have a terrible time at visualizing or thinking certain concepts out.
Now, if you are in a field where the experiments are a dead end or a non-starter, very mathematical arguments tend to creep in and rise to prominence, but it is crucial to recognize how useless these have been for the actual purpose of physics, which is to calculate things about how the world works. At best, a dash of differential geometry and a taste of abstract algebra have produced some results decades ago, but it's mostly just good ole' 19th century calculus and, relative to pure math, hand wavy heuristics. Sophisticated mathematical reasoning has produced apparent dead ends like supersymmetry, or experimentally unverifiable philosophy such as the singularity theorems, and that's about it.
Grassman1 said:I heard that mathematical string theorists need to know a lot of k-theory and noncommutative geometry.