Theoretical physics/Quant on side

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SUMMARY

The discussion centers on the challenges faced by undergraduates in theoretical physics, particularly regarding the feasibility of balancing a career in quantitative finance or code cracking with independent research. The participant references James Simon's experience at the NSA, highlighting the rarity of positions that allow for a dual focus on professional work and personal research. The consensus is that full-time physics research demands significant commitment, making it difficult to pursue dual career paths effectively.

PREREQUISITES
  • Understanding of theoretical physics concepts, particularly in particle physics and condensed matter theory.
  • Familiarity with quantitative finance principles and methodologies.
  • Knowledge of cryptography and code cracking techniques.
  • Awareness of academic research processes and time commitments involved.
NEXT STEPS
  • Research opportunities in government or private sector roles that combine quantitative finance with research, such as positions at the NSA or similar agencies.
  • Explore part-time or flexible research positions in academia that allow for professional work alongside personal research.
  • Investigate the landscape of theoretical physics research funding and grants for independent projects.
  • Learn about time management strategies for balancing professional responsibilities with academic research pursuits.
USEFUL FOR

This discussion is beneficial for undergraduate students in theoretical physics, professionals in quantitative finance, and anyone interested in pursuing research while maintaining a career in a related field.

LBloom
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Hi guys,

So I'm an undergrad, planning on going to graduate school in (probably) some form of theoretical physics (particle or cmt, not sure yet). Recently I watched a video of an interview of James Simon and CN Yang (its an interesting video, I recommend it) and at one point James Simon mentioned that before he started his finance company he worked for the government as a code cracker (NSA I believe) where he worked half the time on the code cracking and the other half on his own math research.

My question is, is there any set up like that today that you guys know of i.e. a job where you do some work for a company or agency like code cracking or quantitative finance and you are also given time to do your own research?

Thanks!
 
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LBloom said:
My question is, is there any set up like that today that you guys know of i.e. a job where you do some work for a company or agency like code cracking or quantitative finance and you are also given time to do your own research?

I haven't been able to do it. The problem is that physics research is a full time job, and I don't have the time and energy to pull two full time jobs and then raise a family.

Right now what I'm trying to do is to keep myself in touch with the research so that when I retire (and I may be able to retire very early), I'll be able to move back to full time research.

One curious thing is that you'd think that you'd be able to find a job that is half-time with half-salary, but those don't really exist.
 

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