Is Math Grad School Right for Me?

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Discussion Overview

The discussion revolves around the decision-making process regarding pursuing a PhD in mathematics versus entering the workforce in engineering or as an actuary. Participants explore personal motivations, potential career outcomes, and the emotional aspects of graduate school versus industry work.

Discussion Character

  • Debate/contested
  • Conceptual clarification
  • Exploratory

Main Points Raised

  • One participant expresses a desire to pursue a PhD in math for intellectual challenge and continued study, while also contemplating the financial and lifestyle benefits of a career in engineering.
  • Another participant questions the ability to predict happiness in either path, indicating that personal fulfillment is subjective.
  • Some participants advocate for pursuing a PhD, suggesting that the long-term benefits of advanced study may outweigh immediate financial gains from working as an actuary.
  • One participant shares a personal experience of the difficulties of grad school, emphasizing the importance of a genuine love for the subject to endure the challenges.
  • Another participant echoes the sentiment that personal interest should guide the decision, stating a preference for graduate school over industry work due to a passion for math.

Areas of Agreement / Disagreement

Participants generally express differing views on the value of pursuing a PhD versus entering the workforce, with no consensus on which path is definitively better. Some advocate for the PhD route based on personal passion, while others highlight practical considerations like job security and income.

Contextual Notes

Participants' opinions are influenced by personal experiences and values, and there are unresolved questions about the long-term satisfaction associated with each career path. The discussion reflects a range of assumptions about happiness, financial stability, and the nature of academic challenges.

Who May Find This Useful

Individuals considering graduate school in mathematics or related fields, those weighing career options between academia and industry, and students seeking insights into the emotional and practical implications of their choices.

robertjordan
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I can't decide if I want to pursue a PhD in math or not.

I like the idea because it would let me keep studying math (interesting), and the challenge would help show me what I am capable of (intellectual potential).

But I can't help but wonder if I would be happier if I changed my major to engineering and get a 70k job at age 23 with weekends off?



Any advice?
 
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I'm not really sure what you want people to tell you. We don't have any idea if you will be happier doing a PhD in Math or working as an engineer.
 
Personally, I will be opting for the PhD path because the marginal benefit of working for a PhD out weighs the marginal benefit of working as an actuary. You need to decide what you want and go for it.
 
I myself found grad school to be so difficult and tiring that I would not have lasted through it without a real love for the subject that made thinking about the material enjoyable. Even so, I hardly smiled or laughed until it was over.

I sort of question whether your attitude would carry you through this process. There is something to be said for making more money. but not all engineers I know do so. Engineers suffer from a challenge that pure math types do not, i.e. their stuff has to actually work.

I second the idea that you will probably be better off doing whatever you enjoy more and find more interesting.
 
DeadOriginal said:
Personally, I will be opting for the PhD path because the marginal benefit of working for a PhD out weighs the marginal benefit of working as an actuary. You need to decide what you want and go for it.

Can you expound?
 
Best Pokemon said:
Can you expound?

As mathwonk has already stated, you should just do what you find interests you more.

I have passed the P, FM and MFE exams but I only plan on becoming an actuary if something goes horribly wrong and I cannot go to graduate school. I love math more than the money I can make as an actuary and so, as long as I have the choice I will choose going to graduate school over going into industry after getting my bachelors.
 

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