Mangement career with MS in Physics?

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Discussion Overview

The discussion centers around the career transition of a participant with a Master's in Optical Physics who is considering pursuing an MBA to move towards a management role in industry, rather than continuing in academia or pursuing a PhD. The conversation explores the relevance of an MBA versus a PhD in different management contexts, particularly in relation to managing scientists or engineers.

Discussion Character

  • Debate/contested
  • Career-related
  • Exploratory

Main Points Raised

  • One participant suggests that the usefulness of an MBA depends on the type of individuals being managed, indicating that managing accountants may benefit more from an MBA, while managing scientists could require different qualifications.
  • Another participant argues against pursuing a PhD if the goal is to manage engineers, advocating instead for the combination of an MS in Physics and an MBA, especially for roles in marketing.
  • There is a consensus among some participants that an MBA from a reputable school could be beneficial, although the value of many MBA programs is questioned.
  • A participant expresses a desire for financial security and a comfortable life, contrasting this with the financial struggles often associated with academic careers in physics.
  • Concerns are raised about the lack of financial reward in academia, with one participant noting a shift in their priorities from passion for science to seeking a more stable career path.
  • Networking for opportunities in consulting is mentioned as a strategy by one participant, who is trying to leverage personal connections to enter the field.
  • Another participant emphasizes the need for passion in science and suggests that if the drive is lost, a career in technical marketing or consulting may be more suitable.
  • There is a suggestion to explore MBA programs that focus on technology management to leverage the participant's background in physics.

Areas of Agreement / Disagreement

Participants express differing views on the value of an MBA versus a PhD for management roles, with no clear consensus on which path is definitively better. Some agree on the potential benefits of an MBA, while others highlight the importance of passion and the challenges of an academic career.

Contextual Notes

Participants discuss the implications of pursuing different educational paths without resolving the complexities of career trajectories in science versus industry. There are also varying opinions on the financial viability of academic careers compared to industry roles.

profroop
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I have a MS in optical Physics and I now work as program coordinator on an implementation grant at a University. I would like to steer my career towards industry and move towards a management tracked program. I am thinking about pursuing a MBA. My MS adviser is trying to convince me to do Phd, however, I do not want to go into a research tracked program.

Would a MBA be useful to me?
 
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It depends on who and what you will be managing. If you are managing accountants, an MBA will serve you better. If you are managing scientists, a PhD may or may not be more useful.
 
Don't get a PhD if managing engineers is your goal. I think the MS in physics and the MBA would be a better approach, especially if you get into marketing.

Typically to be a technical manager you need to be a high-performing individual contributor for years, probably more than 10 to 15. And there really isn't such a thing as a technical "management track" program.

I'd go for the MBA.
 
I would agree with the MBA so long as it is from a very good school. The majority of MBAs are not remotely worth their cost, but get a good one and it may be worth it.
 
My goal is to adequately provide for my family a comfortable life, and have a secure financial future. In the academia world, that seem to be rarely a concern, and lots of starving scientists out there. There was once a time when I was passionate about 'contributing to science', however, reality kicks in, and I see lots of other people with only a high school education having secure financial life, while the life of a typical academia physicists sucks financially. I have lost my drive to work long hours in the lab.

I enjoy project management, and program implementation. I would love to go into consulting, but I haven't gotten a 'foot in the door' as yet. One of my good friends works at Booze Allen Hamilton, so I am trying to network my way in.

I have never paid for school in my life, because, physicists get funded to get to school. Now, I have realized that its better to pay for a career tracked program and get financially rewarded in the end, rather than 'take a free education'.

I have no experience with paying for school. I started browsing some of my local universities for MBA programs and I have no idea what to look for.
 
If you want a comfortable life science (especially academia) probably isn't for you. You really need passion to succeed because only passion will get you to work 50 or 60 hour weeks for years on end with no real chance of a financial reward. In science the journey is the reward and if it doesn't excite you it probably isn't right.

You said so yourself, you've lost the drive. Technical marketing or consulting sounds like a great career path. You might want to check for MBA programs in technology management (if you want to leverage your current education). There are many but I'm not sure how successful they are.
 

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