How much can someone with a phd in physics make?

  • Context: Programs 
  • Thread starter Thread starter agent_509
  • Start date Start date
  • Tags Tags
    Phd Physics
Click For Summary
SUMMARY

A Ph.D. in Physics can lead to a wide range of salaries depending on the chosen career path. Starting salaries for Ph.D. level quantitative analysts on Wall Street are approximately $100,000, with potential bonuses of $50,000. After three years, individuals can advance to Vice President level, earning around $150,000 plus a $100,000 bonus. Those who reach managing director positions can earn total compensation exceeding $500,000. Notable examples include Brian May, whose Ph.D. in Astrophysics contributed to his net worth of about $80 million.

PREREQUISITES
  • Understanding of salary structures in finance and academia.
  • Knowledge of career paths available for Ph.D. holders in physics.
  • Familiarity with the role of quantitative analysts in financial markets.
  • Awareness of the impact of experience on salary progression.
NEXT STEPS
  • Research salary trends for Ph.D. holders in various physics sub-fields.
  • Explore career opportunities for physicists in academia versus industry.
  • Learn about the role and responsibilities of quantitative analysts on Wall Street.
  • Investigate the factors influencing salary growth in finance and research positions.
USEFUL FOR

Individuals considering a Ph.D. in Physics, career advisors, finance professionals, and anyone interested in the financial prospects of advanced degrees in scientific fields.

agent_509
Messages
46
Reaction score
0
I know that you shouldn't get a phd for the money, and you should get one because you want one. I am just wondering how much someone with a phd in physics can make depending on what job they choose.
 
Physics news on Phys.org
Same range as somebody with a high school diploma can make. Anywhere from $0 to hundreds of millions of dollars a year. Like you said, it depends on what job they choose. What job did you have in mind specifically?
 
anything involving research in physics. Whether it be being a professor at a research university, working for the government, most anything involving research really.
 
http://www.aip.org/statistics/trends/highlite/salary/salary06.htm (from the American Institute of Physics)
 
Brian May is worth about $80 million, but his PhD is in Astrophysics. I don't know if you're considering the various sub-fields or not.
 
Troponin said:
Brian May is worth about $80 million, but his PhD is in Astrophysics. I don't know if you're considering the various sub-fields or not.

Ah, but he took that rare and difficult rock-star-to-scientist route :wink:.
 
okay, thanks for the answers everyone, I think I got what I was looking for from jtbell's link.
 
agent_509 said:
I know that you shouldn't get a phd for the money, and you should get one because you want one. I am just wondering how much someone with a phd in physics can make depending on what job they choose.

Starting salary for Ph.D. level quants on Wall Street is roughly $100K + $50K bonus. With three years of experience, you make VP level, and that gets you about $150K salary + $100K bonus. Most people stay at VP level for the rest of their careers, but I know physics Ph.D.'s that have gotten into managing director level, and total comp there can be $500K+.
 

Similar threads

  • · Replies 4 ·
Replies
4
Views
2K
  • · Replies 37 ·
2
Replies
37
Views
4K
  • · Replies 50 ·
2
Replies
50
Views
11K
Replies
28
Views
3K
  • · Replies 21 ·
Replies
21
Views
4K
  • · Replies 2 ·
Replies
2
Views
2K
  • · Replies 9 ·
Replies
9
Views
2K
  • · Replies 11 ·
Replies
11
Views
4K
  • · Replies 6 ·
Replies
6
Views
5K
  • · Replies 4 ·
Replies
4
Views
5K