I going on to do a second masters in the Uk in theoretical physics at imperial. My undergrad was in physics and masters was a astrophysics research masters in the USA. I'm aiming towards HEP, quantum gravity and astro-particle physics. My problem is the career outlook, I not sure academia is for me. Lets face it its hard work and you have to make sacrifices, which I'm happy to do if I have a good chance of getting a career out of it. But I don't want to work saintly hard throughout my PhD and the post docs - delay having a family or settling down (i.e chasing post docs all over the world) all to find that I can't obtain a university position, industry doesn't want me and I'm over qualified for most other jobs. I may have the opitunity to jump ship and go onto do applied mathematics (stats, modelling ect - which I do enjoy). But I'm torn I am very good at physics and feel I owe it to myself to continue. What is the career options like for theoretical or HEP outside of academia? I have considered becoming a quant - mainly because its a job that involves a lot of math, pays well and seems to be in demand. My ideal solution would be to do a Phd in HEP and if academia did not work out fall back on the quant position - years ago during the golden ages of physics this was an option but I think now a days this is unrealistic as many programs now train you to become a quant (i.e PhD finance ect). We all know of those who had a Phd project that just so happened to use the same maths and computer skills as that require to jump right in to becoming a quant but in general I doubt many Phd students are so lucky. I really need advice! I'm thinking of giving up on my dream of becoming a HEP scientists and steering towards an applied maths that would be more useful in industry. Mainly because I think my "dream" has been just that, a collection of ideas and mis-beliefs about what it would take to become a HEP scientist. Does anyone here regret doing a HEP Phd? i.e I know none regrets the time they spent doing it as they have a love for it - but once you graduated and tried to find a job did you think "dam I love HEP and the years I spent researching it during my PhD, but now I've come to find a job I sure wish I'd chosen a more applicable field so I could actually get a decent job!!" Cheers guys!!!