Is Funding for a Masters that Hard?

AI Thread Summary
The discussion centers on the surprising funding statistics for master's programs in physics and engineering, revealing that 75% of physics/astro master's students and 62% of engineering master's students receive funding. This challenges the common belief that master's-only students rarely secure funding. The conversation questions whether obtaining funding for a master's degree in these fields is more likely than for a physics bachelor's degree, particularly for those not pursuing a PhD. Participants analyze the data from AIP publications, noting the number of master's degrees awarded and the potential saturation of funding opportunities in PhD departments. Concerns are raised about the sample size and response rates of the surveys, suggesting that the reported funding figures may not accurately reflect the experiences of all master's students. The discussion highlights the complexity of interpreting these statistics and the need for clarity regarding the types of master's programs included in the data.
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While browsing through one of the AIP's relatively recent publications (written in 2012 concerning the classes of 2009/2010) I found some information I thought was out of line with the common conception that masters-only students are rarely if ever funded. According to the publication (see page 5), a full 75% of physics/astro masters are funded by some means and 62% of engineering masters likewise. These numbers cannot only be for interim masters en route to the PhD, though surely some are, as there are about 200 terminal masters awarded each year (according to the second link I put below).

So this begs the question: is getting funding for a masters in physics or engineering actually more likely than not for a physics bachelor? From all of your own experiences, have many people you know (perhaps yourself) been admitted to a research physics or engineering masters with funding without the intention of receiving a PhD? Or are these numbers hiding something? I naturally assume that course-based masters are never funded for obvious reasons. Please share.

Articles in question:
http://www.aip.org/statistics/trends/reports/bach1yrlater0910.pdf
http://www.aip.org/statistics/trends/reports/physgrad2008.pdf
 
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The number of MS's awarded in PhD departments per year is 1450, and in terminal MS programs is just over 200. 75% of 1650 is 1240, so the MS's in PhD departments are capable of saturating the awards. So I don't see that your argument works out mathematically.
 
Vanadium 50 said:
The number of MS's awarded in PhD departments per year is 1450, and in terminal MS programs is just over 200. 75% of 1650 is 1240, so the MS's in PhD departments are capable of saturating the awards. So I don't see that your argument works out mathematically.

This does not make complete sense when you see the number of the sample size (for the physics masters, N=224). Now, the response rate for this survey was 41%, but that's for both 2009/2010 combined. So, that means that the number of students entering physics grad programs those years was approximately 1280 per year ((1052/2)/0.41) and the number of masters total was about 270 per year (obviously some error here because maybe certain types of institutions could be more likely to report their grads' paths).

Also, the ratio in this survey of PhD's to masters (3.7 to 1) is not similar to the total PhD's to 1650 (approximately 1 to 1). On the other hand, neither are similar to the PhD to terminal masters ratio in the second publication (6.5 to 1).

Regardless, this indicates that what they call "masters" are composed of a large number of terminal ones (in short because of the approximate number of masters involved as well as the ratio of masters to PhD's). Of course I could have missed something, but I hope that I cleared up my argument.
 
I'm going by the plot on the third page of your first reference.
 
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