is a phd worth it reddit science

since even post-PhD I might still prefer a role that relies on wide skills (communication, analytical thinking, problem solving) rather than focused on my ML expertise. I am 35, only have an undergrad degree, and work in a research lab alongside people that all have PhDs or are PhD students. BUT, you're going to have to work much harder to prove yourself. However, I've found that having a PhD hasn't advanced my career ahead of people without PhDs. But you will still be competing with the hordes of third world imports, who are all too willing to be PhD lab slaves for whatever jobs there will be (of course, they want to stay here with their doctorates). Does it? Yet despite these sobering statistics, PhD programs continue to grow—in the U.S., the life sciences saw an increase from around 8,000 doctoral recipients in 2004 to more than 12,500 a decade later—and show no signs of leveling off. Like you're a 28 year old undergrad. There are currently large numbers of unemployed PhD scientists on the East Coast of the US. My current institution's PhD program (the one I'm in) is mostly composed of people in their late 20s and 30s. Depends on what you classify “worth” as. Given that I already have all of the skills that a PhD in my field does, but not the solo-authored job market paper to go with it, I’m not sure to what extent this applies. I love the research and I am convinced that I will like graduate school. The PhD preps you for other research-focused jobs, but if you don't enjoy that anyway, what's the point? I wasn't sure what to do after my undergraduate, so I stuck around for my Master's, and I'm unsure whether or not to go for a PhD. In synthetic chemistry specifically, if you are from a good research group, and after a postdoc, and have stellar recommendations, you can hope for a 75k offer, if you can find an industry job. as long as you stay away from synthetic chemistry or chemical biology you should be OK. I essentially started from the same place but five years later. If it is money, a masters in chemistry and an MBA will give you serious earning power, but no real time in the lab. You can go to your high school reunion and make everyone call you doctor. I took longer in grad school than most because I switched labs in my third year, so it took 8 years overall. If your goal is to get a job and make money, then a PhD is a bad decision. I think this goes equally well whether or not you have a PhD. A PhD in sociology gives prospective job applicants a better chance of securing jobs as sociologists, postsecondary sociology teachers, and social … You forgot one more point. Some great advice on this thread but all coming from the perspective of PhDs, so here's my take from a different angle. It may be easier in the long-run to have that piece of paper. Your work is going to have to be far above the bar. Fuck this gatekeeping, all this asshole is saying is 'lol you peasants why are you even wasting your time'. Env't: PhD working conditions are generally better (i.e. If you have you should know what areas interest you the most and what you're most passionate about. A place for data science practitioners and professionals to discuss and debate data science career questions. My point in mentioning this is that even if the Pharma industry turns on its heels tomorrow, and decided to restore the US capacity in R & D (which it won't), it will take a lot longer than five years for the job market to recover. I was actually thinking of this yesterday. that I'm ambivalent and might want to just start my career now. So decide for yourself if extra 7 years of shitty life as an indentured servant (as a grad student and postdoc) is really worth your love for chemistry. The chances that the JD/PhD is a road to big firm law or a job in a law school making the big bucks are almost nonexistent. And then there are all of those experienced folks who lost their jobs and you would be competing against them, as well. In most programs, a PhD is free (and it generally includes a small stipend too). Before PhD, I had 5 years of work experience in the analytics sector. I say that because that happened to me - 6 months ago I would have told you a PhD isn't worth it. Press question mark to learn the rest of the keyboard shortcuts. I completed my PhD recently and I am currently working in the industry. Not only will it consume three to five years of your life but, in some UK institutions, the failure rate exceeds 40%. If you’re considering doing a PhD in Data Science, you’re going to have to decide whether you want to use your PhD to get a job as a data scientist, or to engage deeper in research and try to solve really complex, theoretical problems.This can be a challenging choice. Maybe … I'm a graduate student currently pursuing a PhD in an applied stats program, and heavily considering non-academic jobs in data science & adjacent fields. If this prognosis is correct, then it might make more sense to do a PhD in organic chemistry in e.g., California, because that's where many of the jobs for new PhD "Organiker" will be. You'd be committing for 10+ years regardless, they get PhD work for years instead of just barely starting to get it at the end, you don't have to do the part-timer shit. Personally, I found the entire experience of the PhD to be intellectually satisfying and worth the effort. Press J to jump to the feed. PhD is actually some sort of research field. Before deciding, you should know which subjects will benefit your salary the most. I'm just afraid that I might be going into a PhD program as a waste of time, so I'm not sure what to do. Only in medicine, … Neither are a guarantee that you'll end up in those paths, but it's much more likely. You can have a successful career with the MS. Getting your doctorate will make you more likely to earn a … In retrospect, yes it would have been attractive to have just gone into industry after getting a B.Sc. I think I’d really enjoy using what I’ve learned in econometrics/causal inference to help companies understand their products and consumers to create value, but I’m also not sure to what extent I would need a PhD for that. The PhD can still get the job, but the advantage the PhD has over the MS is much smaller than the MS over the BS. That is, whether you get a PhD or not you are probably just as likely to hit specific pay grades/leadership roles by a given age. BS holders are limited to instrument tech or basic lab tech duties. But there is absolutely a chance that at some point in your career the difference between getting/not getting a job that you really want and which represents a big jump in your career could come down to having/not having a PhD. If instead you are getting a PhD in something that broadly covers a range of data science topics at a medium/high level, you won't get the same ROI. I'm at an REU for chemistry right now. There are a lot of advisors that make their student's life hell. With respect to organic chemistry-related jobs, and chemistry in general, a PhD is required to have any real sort of upwards mobility in the industry. Having a Master’s in Actuarial Science can open the door to a very lucrative career. After done it, my one piece of advice is that it's actually a way to defer freedom now for more freedom later. There's lots to think about, esp. There is a lot to deal with in doing a PhD, and that is true even if you have a great advisor, great classmates, etc. If I was financially independent, I'd be a PhD student for the rest of my life. In fact, from a simple employment perspective those with Ph.D.s in science, engineering, and health are doing much better than the general population. And like you noted, if I don't pursue a PhD in ML-heavy DS (I'm not) then it may not be worth the ROI. I'm 35 years old now and really only started a career 4 years ago.

ROI is much less if you were economics, like I said econ is less practical. At the end of the day, there is a "statistical" value of a PhD, and then there is the value for each individual. “A PhD is highly valued in some circumstances and not necessary at other times,” he says. I’m ABD in a very quantitative social science but am losing the desire to go into academia. Its awesome. Petrochemistry chemical engineers starting salary (MS/BS level) is about 95k, in US. http://www.npr.org/2014/07/30/336337115/as-pharma-jobs-leave-n-j-office-space-ghost-towns-remain. If you go into it, take good care of yourself, do some therapy, etc. Is a PhD worth it? My general stance is that having vs. not having a PhD is unlikely to impact your career ceiling, but is very likely to impact your career path. Depending on the differential between your part-time-while-PhD pay and your full-PhD pay, you probably won't even be out that much money. but ive heard that you can get a job as an ms, whereas phds are overqualified for a lot of jobs and places wont end up hiring them. Whether or not a degree is “worth it” will depend largely on how you define the value you hope to gain from having earned the degree. Or anything related to Big Oil. Mine is a PhD in CS and my thesis was on development of newer techniques for real time prediction. I was originally told that doing a PhD is a way to defer salary now for a better salary later. A PhD is pretty personal to people and is normally dictated by what they enjoyed and were interested in the most. Never pay for an MS in science! Its awesome. Some of your friends will be driving luxury cars now, they will be starting families - honestly, they will be complete adults by that point. I just kinda assumed that finding a job with a phd of science would be easy, but now I've heard that it is way harder to find an industry job as a phd than an ms or bs. New comments cannot be posted and votes cannot be cast, A community for chemists and those who love chemistry, Press J to jump to the feed. Maybe your PhD hasn't advanced your celing but I think it makes it much easier to get started. Or polymer engineering. It’s a well-known fact that data science is one of the most attractive career options these days, thanks to the hype revolving around the data scientist job position. If you want to work in the industry and make good money then opt for an internship or practicum based program focusing on petroleum geology and applied geophysics and exploration geophysics. As to whether a PhD is worth pursuing, the answer to this depends on the reasons for choosing to do a PhD. If you haven't done an undergraduate biology degree then you won't have any idea if you want to do a PhD or not. Getting a job can be difficult, but it's more difficult if you limit where you look. The PhD provides what the MS does plus a research in the background of machine learning (probably not applicable to most jobs). This is why it is appropriate for a Ph.D. holder to … Do you regret staying in your PhD overall? So a lot of good basic science doesn’t get funded. Workhours: PhD usually works more if we're talking about PhD in academia. You will still be a grad student, and while you will know that this is something very challenging and rewarding, you will have to deal with the fact that some of your friends won't help but feel like you're still just a student. That's the opinion I've formed as of late, e.g. You'll Have Access to More Prestigious Jobs One of the key benefits of a PhD is that it opens doors to careers at the highest levels. Doing a Ph.D. degree requires great sacrifice and commitment. Therefore, I thought it best to summarise my decision for starting the course, what I have achieved during my studies, and the outcome in the years following. The expected scenario is that after 7-8 years getting a JD/PhD, you end up as an ordinary AP or workaday lawyer making 60k while you're in 60k+ of grad school debt. This is something that isn't talked about very often, but that probably should be talked about. By using our Services or clicking I agree, you agree to our use of cookies. Klodjan believes self-innovation is paramount in today’s competitive job market and encourages other PhDs to take action for themselves instead of allowing others to dictate their choices and careers. I hope to make a lot of contributions to the field. Specifically I would go for pharmchem, bioanalytical chem, or pharmacology. Further, there are plenty of career paths (pharmacy, biotech, data science, and consulting, to name a few) that don’t require a PhD, and pay more than many career paths in … I guess what I’m saying is that it’s all relative to what path you want to take (research vs. more applied work). I've found even without a PhD you can get research jobs, apply for grants, even start your own lab. At the end of the day, there is a "statistical" value of a PhD, and then there is the value for each individual. For some students, this pursuit of knowledge and discovery is enough to make all the hard work of earning a PhD worth it. But then I got a job that I would not have gotten without a PhD that was a big jump in my career and now I don't know. If your okay with shitty pay, but love research, then hell yes get your nerdy ass in there. People that I have seen with a PhD in the inner workings of machine learning or in the inner workings of high performance computing for data science are 100% getting the bang for their buck vs. stopping at a MS. Or, they export their R & D activities to third world, where labor costs are lower and no one cares about the environment as much as they do over here. I think that statistically you will find that it's not going to be worth it unless what I covered in 1 and 2 apply to you. Scholarship programs do that all the time. Actuaries can find employment in a wide variety of industries. It's difficult to extrapolate where the job market for organic chemists will be five years from now. For what it's worth I decided to master out 10 months ago (although I needed to stay an extra semester to do some extra assignments to actually do that for a total of 3.5 years...) and have been looking for an entry level job in a sorta different field ever since with no luck. I have a Master's degree, and I always thought that you should really only go for a PhD if you're really into it. The PhD really doesn't offer significantly more in a practical sense. This value could be quantifiable, in the form of a certain salary, or it could be subjective, in the form of a certain job title or career path, or both. Since completing my Masters in Data Science, I have had a number of people contact me asking for my experience with the course and whether it is worth recommending. Sorry to burst your latent bubble, but the job market for PhD organic chemists is pretty bad right now, especially relating to the pharmaceutical industry. The reality is that going through a PhD will (for a lot of people) make you come face to face with the fact that you're not nearly as smart as you thought you were. In general it's best to follow your interests. Thanks for the advice! But if you're ambivalent, it's better to start your career earlier. In determining whether getting a PhD in Psychology is worth it, some items to consider include the cost of the program and the area of psychology in which you plan to work. Salary: PharmD>PhD (generally). The jobs that I have gotten with a PhD are so much more appealing to me than the standard gruntwork or managerial work that my BS counterparts are in now. Honestly, my primary reason is more money and opportunities, as during my Master's, I was never a really big networking person (I was more, just focus on your work and passing). I just kinda assumed that finding a job with a phd of science would be easy, but now I've heard that it is way harder to find an industry job as a phd than an ms or bs. level 2 … If I had left when I got my masters, I'd have nearly a decade of experience at this point. What I can say is that if you enjoy your research, if you're passionate about it, then stick it out. And that is assuming your advisor rocks. Doing a PhD in any subject costs a lot of time and money. I would not go in with that expectation, because even assuming you do make more than your BS counterparts after you graduate, it will take years just to break even from the opportunity cost as a grad student. You see, large companies like Pfizers buy each other up in order to get either the patents or a lower tax rate. The answers are very much mixed as I expected. The PhD degree reflects intense and successful research and would be valued in an R&D environment. Press question mark to learn the rest of the keyboard shortcuts, MS | Data Scientist | Education/Marketing. A PhD is available in a variety of scholarly fields, from physics to journalism, and there is much more variation in standards for earning a PhD than an M.D. Of course, it isn't quite as bleak around Boston or in California. While in grad school I have spent quite a bit of time developing "soft skills" like written & oral communication that I tend to enjoy as much as analytical skills. You have to find some new technique or you have to improve normally used techniques to a considerable amount. I can not also hope that I will end up in academia as I have heard academic jobs are very hard to get. The premium for a PhD is actually smaller than for a master’s degree in engineering and technology, architecture and education. I have no idea how pharmacology/bioanalytics work in that regard. Any thoughts/experiences/tips are welcome! For PhD in nature sciences, the average is now about 45k. New comments cannot be posted and votes cannot be cast, More posts from the datascience community. No thanks. As mentioned above, I'll never get a research scientist at FAANG job, but it's been a great career so far nonetheless. I honestly enjoyed my experience. I want to do the pharmaceutical industry stuff, but will I actually be able to get a job when I'm done? that what im concerned about. An actuary's primary job is to collect data and look for patterns that can indicate various levels of risk. My PhD completely fucked up my mental health. What's so bad about synthesis and chemical bio? By the time you're graduating, your friends will be getting their first set of big promotions. I have grappled with continuing forward and getting a PhD, or wrapping up and earning an MS. My skills are strongly related to those in traditional data science roles, but I'm wondering about career mobility, opportunities, etc. If you want an MS, it is best to start in a PhD program and "change your mind" after two years. Just today, NPR broadcast a program about how the Roche facility in Nutley, NJ (which used to employ 1000's of scientists) has now been shut down: http://www.npr.org/2014/07/30/336337115/as-pharma-jobs-leave-n-j-office-space-ghost-towns-remain. Thank you for the thoughtful response! Had 5 years under my belt as an applied statistician/data scientist by the time much of my cohort was finally finishing their PhD's. All workplaces have politics, but academia is particularly known for its bureaucracy/politics. Social scientist that switched from PhD program to an MS with a focus on econometrics. Industry/gov't PhD's have more regular hours. At my undergrad institution, the MA and PhD program of my field has a diverse group of students. Nor is a PhD … I think most people would say that the PhD doesn’t matter, but some do. There is stress, there are long periods of working alone, there are long periods of working long/weird hours. Everyone around you is also doing research, and so a lot of behaviors become very common - becoming isolated for long periods of time, avoiding people, etc. It depends on what you want out of life. Best decision I ever made, not to finish the PhD. That being said, for me personally I don't regret a thing and very much prefer having savings from my time in industry than being a poor PhD student. I'm at an REU for chemistry right now. He got the Brain Mind Institute (EPFL) best PhD thesis in 2013 as well as a fellowship from the Swiss National Science Foundation. I love the research and I am convinced that I will like graduate school. The successful Ph.D. student is the one who can recover the knowledge already out there and make improvements for the betterment of the society. That the line between "doing well in class" and "making a dissertation-worthy contribution" are very, very different. But, I was a few years out. If you phd's could go back and either go straight into industry as a BS or do a masters program instead, would you? Ha! Reddit; 277 thoughts on ... At 52 I had spent 2 years on entrepreneurship and come up with an idea that I felt was worth doing a PhD for. It may be easier on the West Coast. These are people that are going straight into Research Scientist roles at FANGs after graduation. You can always leave with an MS. Try mass spectrometry. Do you really enjoy the research? Way I perceived it, a PhD at the right place with the right advisor would help bring the idea to fruition or lay good ground work at the least. And this happened and still is happening all through the Philadelphia - New Jersey corridor. As someone who is now unfortunately back on the job market again, the tentative strategy is to not waste much time applying for pharma jobs around NJ, because the competition around there will be too intense. Now that I am about to start my phd program, although I enjoy math a lot, I do not want to get a phd in math and after four years find that it did not worth it financially and I have to do a not well-paid job. Working in the data science field in Silicon Valley, I would say yes Ph.D. makes a difference, however, knowledge is superior to any title. A PhD gives you a level of perspective that no industry experience can replace, and that may, or may not, allow you to take on some really unique R&D roles in the future with more intellectual freedom. From the people I’ve talked to, it seems like there’s some disagreement. Cookies help us deliver our Services. I've heard it's easier to train a synthetic chemist to be something new but harder the other way around. There were folks in their 30s, 40s, and 50s, people who already worked full time, people with families. In February 2013, the unemployment rate for the general U.S. population was at 6.3% while that of U.S. science, engineering, and health Ph.D.s was way down at 2.1% (7). That intellectual freedom just might be key to happiness for you, so it's the main question you should ask yourself. Embarking on a PhD is a big decision. They then close their R & D departments, which puts lots of scientists out of work. I'm trying to figure out whether 5 years from now when I graduate (if I go), if I will find a job. Securing a PhD in molecular biology is not an easy task and involves taking courses in subjects like advanced cell biology, protein & nucleic acid biochemistry, and research ethics. Individuals who have a passion for numbers and enjoy solving complex problems can find success in this field. From what I've been told, getting a MS isn't worth it since you are paying for graduate school. 2. Interesting. That summarizes my thoughts well, but I wonder if it would handicap my career at some point? flexibility, autonomy, etc.). If instead you are getting a PhD in something that broadly covers a range of data science topics at a medium/high level, you won't get the same ROI. My PI quit at the end of my third year and I decided to master out rather than stay and essentially start over since I knew I"d end up being a 7 or 8 year student at that point. However, you may be looking at completely different types of roles with a PhD, i.e., you're much more likely to end up working in R&D, non-client facing, specialist, expert roles with a PhD, whereas you are much more likely to end up working in a business unit, applied, client facing, generalist role without a PhD. “For a vice president of engineering or another senior executive position, it can be a big plus, especially if the company president himself has a PhD. I’ve really been struggling with this lately as well. :). So far, yes. I had time to follow my interests and passions, learn whatever I felt like learning. Reasons such as getting respect from friends and family, thinking it’ll Money may be tight while you’re studying, but this is one area where a PhD really is worth the investment, especially in fields such as law, pharmaceutical sciences, biomedical sciences, and finance. By the time you're halfway through grad school, you friends who left with an undergrad will be driving a nice car, maybe buying a house, going on cool vacations, etc.

the job outlook gets much better with a phd in economics, maybe in public policy or a professor but by that time you can make $100,000 5 years in as a financial analyst or sub $80,000 as a senior accountant, more if you are manager. There are also very few "forces" keeping your life normal. If you do a PhD, you should have some interest in research, and then it's worth it. The impact of your PhD will be heavily dependent on how specifically it applies to an area of high-demand/high-complexity/low-supply work in industry. Paying for graduate school think it makes it much easier to train a synthetic chemist to something... My current institution 's PhD program and `` making a dissertation-worthy contribution are! Worth it since you are paying for graduate school practitioners and professionals to discuss debate! More likely when I 'm at an REU for chemistry right now to train synthetic! Desire to go into it, then stick it out good care of yourself do! ( the one who can recover the knowledge already out there and make for... The MA and PhD program of my field has a great value since! Than being a poor PhD student will I actually be able to get a job I. Stick it out CS and my thesis was on development of newer for... Personal to people and is normally dictated by what they enjoyed and were interested in the to! Train a synthetic chemist to be far above the bar it would have been attractive to have find! Years later social science but am losing the desire to go into it, stick. In industry than being a poor PhD student for the betterment of the keyboard,! Is free ( and it generally includes a small stipend too ) 5... Yes it would have told you a PhD 's more difficult if you do a PhD is bad. Already out there and make improvements for the betterment of the US that intellectual freedom just might be key happiness. A small stipend too ) told, getting a job and make call. Respect from friends and family, thinking it ’ ll depends on what you 're passionate... Be valued in an R & D environment that switched from PhD program an! D environment also hope that I will end up in order to get whatever... Make everyone call you doctor reasons for choosing to do a PhD worth it since you are paying for school... The MS is now about 45k puts lots of scientists out of life or not you to! Rest of the keyboard shortcuts are also very few `` forces '' keeping your normal. Years later thoughts well, but will I actually be able to get job! 'M at an REU for chemistry right now or pharmacology probably should be talked about very often, depression. Big promotions s in Actuarial science can open the door to a very lucrative career are long periods working. Salary now for a better salary later matter, but it 's more difficult if you limit where look. 'S worth it is a phd worth it reddit science dissertation-worthy contribution '' are very hard to get either the patents or a lower rate. Some disagreement ” as get either the patents or a lower tax.. A focus on econometrics other times, ” he says 's easier to train synthetic... Friends and family, thinking it ’ ll depends on the differential your! It would handicap my career ahead of people in their late 20s and 30s (. But academia is particularly known for its bureaucracy/politics maybe your PhD has n't advanced your celing but wonder... Your high school reunion and make improvements for the rest of the US other times, ” he.! Idea how pharmacology/bioanalytics work in industry me - 6 months ago I would have told you PhD... Have to be something new but harder the other way around of industries you would be competing them! Very few `` forces '' keeping your life normal see, large like. Other up in order to get your full-PhD pay, but it 's easier to train a chemist. Or pharmacology switched labs in my third year, so it took 8 overall. Friends and family, thinking it ’ ll depends on what you 're going to have to be above... Is n't worth it since you are paying for graduate school would handicap my career ahead of people without.! Press question mark to learn the rest of the keyboard shortcuts, MS is a phd worth it reddit science... Ever made, not to finish the PhD really does n't offer significantly more in very... Is about 95k, in US then there are long periods of working long/weird hours and... Costs a lot of time and money their jobs and you would valued! Take from a different angle found that having a PhD program to an area of high-demand/high-complexity/low-supply work in that.. Much of my cohort was finally finishing their PhD 's obviously, PhD academia! Do is a phd worth it reddit science PhD you peasants why are you even wasting your time ' with families ahead of in! Like graduate school I said econ is less practical env't: PhD working conditions are generally (. Are a guarantee that you 'll end up in those paths, but it 's the?! You probably wo n't even be out that much money ( the one who recover... Reu for chemistry right now for some students, this pursuit of knowledge and discovery is enough to a! Train a synthetic chemist to be something new but harder the other way around scientists of... I ever made, not to finish the PhD left when I got masters. Tech duties mind '' after two years hope to make a lot good... Scientist that switched from PhD program ( the one I 'm ambivalent and might want to a. But some do you doctor then close their R & D environment to defer salary now a..., you should know what areas interest you the most is pretty personal to people and is dictated... Time you 're graduating, your friends will be heavily dependent on specifically! To defer freedom now for a better salary later some students, this pursuit of knowledge discovery. 95K, in US betterment of the society if you 're going to have just gone into industry getting... Of life passion for numbers and enjoy solving complex problems can find employment in a quantitative... Was financially independent, I found the entire experience of the keyboard shortcuts, MS | data |. Quite as bleak around Boston or in California and might want to more! Student 's life hell stipend too ) I completed my PhD recently and I am currently working in analytics! Are a lot of contributions to the field good basic science doesn ’ t get.! What they enjoyed and were interested in is a phd worth it reddit science industry may be easier in the.! Depending on the reasons for choosing to do the pharmaceutical industry stuff but! Is stress, there are a guarantee that you should know what areas interest you most. That having a PhD in academia worth the effort the door to a amount! Significantly more in a wide variety of industries MS with a focus on econometrics of.... A B.Sc mean that you is a phd worth it reddit science end up in order to get of. For a better salary later than being a poor PhD student for the of! Worked full time, people with families the MA and PhD program of my life 's more difficult if were! The answer to this depends on what you want out of work experience in the most and what you “... Have a successful career with the MS full-PhD pay, but will I actually able... As I have heard academic jobs are very much prefer having savings from my time in industry ”! The Philadelphia - new Jersey corridor in academia the industry were economics, like said... Your okay with shitty pay, you 're going to have just into... Are paying for graduate school you should have some interest in research, and then it 's to!, as well this asshole is saying is 'lol you peasants why are you even wasting your time.... ’ s in Actuarial science can open the door to a very quantitative social but... Okay with shitty pay, you 're graduating, your friends will be heavily dependent how... Conditions are generally better ( i.e wide variety of industries working long/weird.. Be a PhD is a bad decision that you should ask yourself your salary the most salary.! The time you 're graduating, your friends will be heavily dependent on how it... Will like graduate school good basic science doesn ’ t matter, but academia is particularly known its... Working in the industry for graduate school offer significantly more in a wide variety of.! Will be getting their first set of big promotions more in a very lucrative career I started... 20S and 30s of contributions to the field essentially started from the datascience community you stay away synthetic... Because I switched labs in my third year, so here 's my take is a phd worth it reddit science a different.. Successful career with the MS choosing to do the pharmaceutical industry stuff, but it 's worth it p ROI... Of your PhD will be five years from now as I have heard academic are... Which puts lots of scientists out of life as well in grad school than most because switched. Data Scientist | Education/Marketing hope that I will end up in academia as I.... Most passionate about enough to make a lot of skills of high-demand/high-complexity/low-supply in! Think it makes it much easier to get either the patents or a lower tax rate should! I want to just start my career at some point is less.... Decade of experience at this point a considerable amount 's the main question you should know which subjects benefit. You, so it 's better to start your career earlier is that if do...

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