What Career Paths Are Available for Physics Majors Outside Academia?

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Discussion Overview

The discussion revolves around the career paths available for individuals with a physics degree, particularly those holding a master's degree or higher, outside of academia. Participants explore various employment opportunities, including roles in national laboratories, finance, and consulting, while expressing concerns about job availability and the relevance of a physics degree in the job market.

Discussion Character

  • Debate/contested
  • Exploratory
  • Technical explanation

Main Points Raised

  • One participant expresses a desire to understand job opportunities for physics graduates, noting a preference for physics over electrical engineering but concerns about employability.
  • Another participant shares links to job resources, indicating a mix of faculty and research positions available in the field.
  • A different viewpoint suggests that physics degrees may not lead to career jobs outside academia, emphasizing that the degree is primarily suited for those pursuing academic careers or a deep interest in physics.
  • One participant mentions that individuals with advanced physics degrees often find work in finance, insurance, and management consulting, but notes the competitive nature of traditional scientific R&D jobs.
  • Another participant clarifies that jobs in financial firms may not be strictly financial roles, as many physicists apply their skills in similar ways to their previous scientific work, depending on their interests in physics.

Areas of Agreement / Disagreement

Participants exhibit a range of opinions, with some agreeing on the limited job market for physics graduates outside academia, while others highlight alternative career paths in finance and consulting. The discussion remains unresolved regarding the best career path for physics majors.

Contextual Notes

Participants express uncertainty about the job market and the applicability of physics skills in various industries, indicating a lack of consensus on the value of a physics degree in non-academic careers.

Vectorspace17
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I'm currently studying Electrical Engineering, but I like Physics a lot more. The only reason I didn't initially major in Physics was that Engineering was much more employable. This may not be a great question, but what opportunities are available to someone who has a masters degree or higher in physics (besides working for a university)? I know physicists work for national laboratories, but I can't imagine there are too many jobs available. I'd really appreciate any feedback.
 
Physics news on Phys.org
http://careers.physicstoday.org/jobs/ - a lot of faculty jobs, but also plenty of research or R&D jobs.

http://www.aip.org/statistics/
http://www.aip.org/statistics/trends/emptrends.html
 
I wouldn't bother with physics unless you want to go to grad school. Even then... I got two physics degrees but could not get a career job after graduation.

Physics is a degree that is best suited towards people who want to take the professor road or people who want to learn physics. Otherwise it doesn't have much to offer IMO.
 
In my experience, people who get advanced degrees (masters/phd) in physics end up working in finance, insurance, management consulting etc. If you get lucky, you might be able to transition to a traditional scientific R&D job, but I don't know very many people from my phd class that managed to land one- there are too many physicists chasing too few jobs.

Its not to say you end up unemployed, but you probably won't get that science/engineering job. If your preferences are physics work > ee work > finance/management consulting/programming, you'd be silly to switch away from ee.
 
One caveat here is that a "job working in a financial company" may not necessarily be a "financial job." For example, in a bank, you have lots of people with electrical engineering degrees, and they are doing more or less the same sort of work that they would be doing with a EE degree at a non-bank.

Similarly, I work for a financial firm, but I'm doing more or less the same type of work that I did in graduate school (i.e. crunching PDE's and babysitting supercomputers.)

A lot of this depends on what exactly you like about physics. You may end up working in a bank whatever you do, but the question then is whether you'll be doing ee-type work in a bank or physics-type work in a bank.
 

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