Should only people from elite universities bother with TT (tenure track)?

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SUMMARY

The discussion centers on the viability of pursuing a tenure track (TT) position in academia for physics PhD graduates from non-elite institutions. Participants assert that the academic job market is highly competitive, with a significant proportion of faculty positions at research universities filled by graduates from elite schools like Caltech and Princeton. They emphasize the importance of considering industry roles as a viable alternative, highlighting the financial advantages of industry positions, which can yield earnings of $1-1.5 million more than academia over the same period. The conversation also touches on the necessity of adaptability and the potential for retraining in more lucrative fields.

PREREQUISITES
  • Understanding of tenure track (TT) positions in academia
  • Familiarity with the academic job market dynamics for physics PhDs
  • Knowledge of industry roles available to physics graduates
  • Awareness of the significance of research experience and teaching qualifications
NEXT STEPS
  • Research the academic job market trends for physics PhDs in 2023
  • Explore industry roles for physics graduates, focusing on quantitative science positions
  • Investigate post-doctoral opportunities and their impact on academic hiring
  • Learn about retraining options in high-demand fields such as computational biology or nuclear theory
USEFUL FOR

Graduate students in physics, early-career researchers, and anyone considering a career in academia or industry, particularly those evaluating the feasibility of tenure track positions versus industry roles.

  • #31
^^The above post is very important. There's a weird assumption that one cannot have a good career outside of R1. However it turns out that the real world is complicated. There are extremely productive faculty at less well known places. There are even not very productive faculty at R1 institutions.

The average value of a dataset doesn't explain the whole dataset, in other words.
 

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