Is a Physics Degree Limiting My Career Options?

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SUMMARY

The discussion centers on the challenges faced by a first-year physics student who realizes a traditional career in physics may not align with their aspirations. The participant expresses a desire to leverage their physics degree in alternative fields such as finance or engineering without abandoning their passion for physics. Suggestions include pursuing a master's in mathematical finance or engineering physics, with specific references to programs at LSU and Appalachian State University that emphasize practical, hands-on experience.

PREREQUISITES
  • Understanding of physics concepts and principles
  • Familiarity with career paths in academia versus industry
  • Knowledge of engineering management as a field
  • Awareness of master's programs in mathematical finance
NEXT STEPS
  • Research master's programs in mathematical finance, focusing on curriculum and career outcomes
  • Explore engineering physics programs, particularly those with hands-on lab components
  • Investigate job opportunities for physics graduates in industry sectors
  • Review discussions on physics salaries and career trajectories in online forums
USEFUL FOR

Students pursuing a physics degree, career changers considering industry roles, and individuals exploring interdisciplinary fields that combine physics with finance or engineering.

Atomos
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I just finished my first year of a 4 year physics degree, and it made me realize that although I love physics and I am really good at it, but I do not want to be a physicist. This has a lot to do with my first taste of research life with a condensed matter group I had been helping. It made me realize that I really do not want to waste 10 to 15 years of my life going between lowpaying postdoc positions, being someone's lab monkey for the chance of getting a stable and well paying tenure/tenure-track position by the time half of my life is gone.

I love physics, but I can't see myself devoting every aspect of my life to it like some of my friends are able to do.

I am looking for a way out, and into a well payed profession, but I don't think I want to leave physics completely, i.e. change degrees.

Does anyone have any tips on how to make a physics degree useful for maybe a life in finance, or industry or anything? (I am open to possibilities)

Could maybe trying a differing field have an impact on my attitudes?
 
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Have you considered that there are other options besides going the route of being a post-doc lab monkey?
What about engineering?
Many schools are beginning to offer degrees in engineering management. Perhaps you could go this route if you are looking for something more money oriented. It seems to be a sort of merger of physics, engineering and a bit of business.
Either way the are a plethora of jobs in industry hiring physics majors but not directly doing physics. Search around on this forum a bit for threads about physics salaries and jobs there have been some recent ones.
 
You could do a two year masters in math with a concentration in finance. I don't know what other universities offer this, but here's a link to the curriculum for the one at LSU:
https://www.math.lsu.edu/dept/grad/fincrs
 
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Thank you guys for your advice. The masters in mathemtical finance thing seems interesting. A lot of uni's seem to offer it.
 
If you want to stay with a technical field you should consider Engineering Physics. I received my undergrad in regular physics. In the fall I am going to be starting in the masters in engineering physics program at Appalachian State University. The program is designed to teach you real world work details and information. Most classes have labs associated with them and you receive much hands-on experience.
 

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