Physics Switching to physics after doing finance as a quant

  • Thread starter Thread starter dark-knight
  • Start date Start date
  • Tags Tags
    Finance Physics
AI Thread Summary
The discussion revolves around the dilemma faced by a physics graduate considering whether to pursue a PhD in physics or enter the finance sector as a quantitative analyst (quant). Key concerns include the high costs of research equipment, the need to secure grants, and the financial burden on family for PhD education. The graduate is intrigued by the lucrative opportunities in finance, which utilize physics models for pricing and forecasting, and is contemplating earning a substantial income before pursuing research to alleviate financial worries. However, responses highlight that the income from a quant position may not sufficiently support a long-term physics research career. Additionally, it is noted that an undergraduate degree in physics may not qualify one for quant roles without further qualifications. The importance of securing financial support for a PhD program is emphasized, suggesting that if financial aid is not offered, the graduate should consider other options.
dark-knight
Messages
5
Reaction score
0
hi everyone.
i am a physics graduate on the verge of entering a phd program. obviously my aim is to do physics research. one possible way is to get a phd, do a post doc and then do research. i know its THE ONLY WAY. but there r a few apprehensions i have-

1. to do research u need equipments (latest science equipments are really expensive),
2. u have to lobby for grants and all (this really puts me off).
3. though my family can afford my phd education, it is going to cost them a huge money.

i came to know recently that physics majors get highly paid jobs as a quant in finance sector.
they use physics models to evaluate pricing and forecast future trends.
do u think it wud be better for me to earn really handsome money and then do phd to do serious research without any worries of future, as there will be no additional worries related to money. i want to do things without any boundations. plus i wud be in a position to have a personal lab of my own.

i must also clear that i wud prefer doing physics research and making less money than making huge money and doing something which is completely aloof from physics.
this "quant profession" really seems to offer handsome money as well as applied maths and physics(which i really like)

let me know what u think abt this approach.
 
Physics news on Phys.org
Please reread the PF Rules on text speak.

The amount of money you are likely earn as a quant in a year or two is not enough to support a career in physics research.
 
most students, at least in the US, get some sort of compensation (as research or teaching assistants) when they study for a PhD in physics. basically you get enough money to take care of yourself. was that what you were worried about? (I may not have understood your question fully)
 
No, he wants to be "in a position to have a personal lab of his own" after a few years as a quant.
Looks like this guys needs to "get real" a bit.
 
Nobody is going to hire you as a quant with an undergrad degree in physics. You need to decide what you would like to do and see where that takes you. If you are in the US, you were accepted to a physics PhD program, and you were not offered financial support including tuition, then you should be looking elsewhere.
 
I don't know if anyone on here works for any of the well known defense companies of your country, whichever country you are from?? Also, if you choose to work in one, do you think the engineering education provide from your school would adequately prepare you for the job. What do I mean by that? Well if you work at say Lockheed Martin and you work in the latest iteration of a missile or if you work at Pratt & Whitney, they assign you to work in the team helping out with building the jet...
Hello, I graduated from undergrad a few years ago with a Major in Physics and minor in Electrical Engineering. I tried to get experience working on and testing circuits through my professor who studied Neutrinos, however covid caused the opportunity to go away and I graduated with no experience or internships. I have attempted to break into the engineering industry with no success. Right now I am considering going for a Masters in Electrical Engineering and I need advice on if this would be...
So lately, my interest in the realm of optics/optoelectronics/photonics engineering has grown and I have started to seriously consider pursuing a career in the field. I have done a bit of career research and also have done some learning on the side to gather more knowledge on these topics. However, I have some questions on what a career in these fields would look like, and I wanted to find out more about this area to know what I would be getting myself into if I did make the choice to pursue...
Back
Top