Hello, I am a student finishing up my master's degree, and I am in a bit of a dilema regarding what to do next, so I am posting here to see if I can get some input or advice. Basically, I have been offered a PhD position in particle phenomenology (so theory but quite close to LHC physics and experimental particle physics), however the more I think about it the more I am having second thoughts about going into that. I feel like the possibilities after my phd will be quite limited, because of the very high competition in high energy theory, and I am not sure how I feel about ending up in finance, IT or management consulting. I don't mean to say that there is anything wrong with those, but I think it would be a bit of a disappointment to end up in something completely unrelated to my studies after so much hard work. So now I am very seriously considering enrolling in a 1-year master in statistical physics and condensed matter theory, with the idea of moving towards computational condensed matter/statistical physics. I am however not completely sure wether the prospects in those fields are actually much better, or if I am just seeing greener grass on the other side... I am also wondering about prospects outside academia in those fields, the feeling I get is that once you leave the academic world it doesn't matter so much what you studied so in this sense I should just continue with my current phd position rather than waste a year to move to something else, and just leave academia after my degree if things don't work out for the best and I don't get a great postdoc in high energy theory. Any input is appreciated, Cheers.