ParticleGrl said:
In this economy, I think that no degree is necessarily a magic bullet. When I interviewed for a mech E research position, it was a handful of mech Es and myself up for one job. After the hiring, there were still one physicist and a handful-1 of mech Es unemployed. When I interviewed in business consulting, it was me against a handful of MBAs, etc.
I should point out here that if you are getting interviews, you are doing pretty good. Something that I found very curious is how the jobs search process in industry is entirely different than the application process for graduate school.
Just to give one example. If you send in an application, they will send you a letter saying they got your application, and even if you write it in crayon and your highest level of education is elementary school, most schools will send you a rejection letter. In industry, you will send out your resume, and even if it is an extremely well written resume, 95% of them will go into a black hole. This makes sense if you think of your resume as a advertising flyer. If you get a flyer for a restaurant, and you don't want to eat there, you aren't going to make an effort telling the person that posted the flyer that you've rejected them.
This means curiously that if someone is willing to take the time to say "you stink" you want to hug them and jump for joy. If some one tells you "you stink" that gives you important and valuable information. Also the job search is a lonely process, so even having someone take the effort to say "you stink" makes you feel good in a weird way.
One other difference is that if you apply to graduate school, they will give you an address to send your application, an application, and a deadline. None of those things exist in most companies. Most newbie job hunters want to know the name and telephone number of the person or group in the company that handles job applications, and are shocked to find that this person or group does not exist.
Also schools are transparent. If you are applying to the physics department of Harvard, you send your application to the physics department. You can go to the Harvard website and find out who is the head of the physics department.
In most major companies, the org structure is top secret, so they are not going to tell you what the departments are. They aren't going to make it obvious which departments are hiring, and they may not even know. This again means that information is gold.
Unfortunately, I think the flexibility that would be great in a better job market isn achilles heel right now- right now the perfect candidate (or a simulacrum thereof) is much more likely to need a job, and be willing to work cheap.
Except that being flexible makes you a better candidate. Also, curiously companies sometimes don't want candidates that are willing to work cheap. I'm not willing to work cheap.
Also if you have a job in which a company is looking for "cheap" the odds are that that job has already left the US, and someone in India is doing it already. So if you are getting in an interview in the US, you already know that cost isn't the big factor.
The frustrating thing is how few jobs doing scientific research a. exist, and b. don't require benchwork (you cannot self-teach cutting edge experimental techniques in your apartment).
Not sure I agree with this as a general statement, although it may be true for your field. I'm doing the same sort of computational research that I did in graduate school. Also, you *can* self-teach cutting edge computational techniques in your apartment. The cutting edge of computers is grid and GPU parallel computing involves massive grids, but you can spec out a one/two node machine in your apartment.
The one big catch is that the jobs I know are all in NYC, London, or some Asian city. San Diego is a problem because it's on the wrong coast. If you had been living in Kansas or South Dakota, you could commute weekly from Kansas to NYC (and a surprisingly large number of people do something like that).
When various academic advisors said things like "don't worry, there are exciting industry opportunities for physicists" I assumed they would be in scientific research. Learning that your phd has not prepared you for a career doing science, but rather a career in business,insurance or finance is a bitter pill that takes a few months to swallow.
I think you are making assumptions about what physics Ph.D.'s in finance do.
In my mind, what I'm doing is science. The *only* thing that I can't do is publish, and I'm trying to figure out how to get around that, since I've done stuff that is clearly publishable. In academia, if you figure out a clever way of doing a calculation twenty times as fast, you want everyone to know. In industry partcularly finance, people want to keep this secret. Even letting your competitor know that a) you *can* do the calculation 20x as fast and b) you are doing that calculation is information that people want to keep quiet.
But computational finance is basically the same as computational astrophysics, and I think of myself as a scientist. More importantly, my bosses and immediate social circle doesn't complain when I call myself a scientist. My bosses have a strong financial interest in keeping me "delusional." When I say 'I'm willing to do science relatively cheap, my bosses figure out that it's in their strong financial interest to make me think that I'm a scientist' and so they do. Also, I'm not the only one like this.
As far as being a professor. There is one fun story. At one point, I ended up at this academic conference, and after attending a few of the talks, I noticed that people addressed me as "Professor so-and-so". For the first day, I was correcting people, but after the first day, I stopped because I figured that if I can go into a room and based on what I was saying, other academics assumed that I was a professor, then I was a professor.
This is where deep philosophy comes in. I like thinking about deep questions. What is science? What is a professor? What do I want out of life?