What phds are worth it reddit It's your literal lifelong dream to have a PhD and on your death bed you will regret not having pursued a PhD for insert whichever reasons apply to you. If you work for 30 years, it will eventually be a good investment. (3) Corollary: The only thing you need a PhD for is to teach or work as a university professor. Given the supply shortage, every PhD student is guaranteed to have a job. That is what I did. phd will want more money so they will probably choose someone will lower qualifications who will probably be just a capable as the phd. It's not impossible, but rough. You can definitely get yourself into a role that supports research (research that greatly benefits society, if you are lucky) with a bachelors/masters degree, and many people are very happy in that kind of role. Only reason to do a PhD is a passion for research in the field OR more than average passion for teaching. I worked full time during my masters and PhD while also being a father and husband. A good portion of your PhD will be in the networking you do within and outside of your lab. Also, for everything "data + stats" you compete with computer scientists and math/physics-PhDs. or in some cases they may also be reluctant because they feel phds have no real practical experience as everything may have been academic working on fringe technologies that are not used in industry etc. Speaking with several engineers, many do not think it worth it to go back and get a Master's. It is absolutely NOT WORTH IT and it will make it more difficult for you to find a job after you finish. In the sciences PhD students in US make for five years the salary equivalent to 1/4th what they would start at in industry. A PhD can be highly social, much more than a normal job, especially if it's quite a large university or department. I know people that did PhDs to fullfill requirement for teaching their subject in a good liberal arts college. MD or PhD training to get the extra degree. so the AEA lists a little under 200 open positions on their page … put that into relation to the number of PhDs coming off grad school each year. Personally, I would dissuade you from it. Of course, a PhD can make it easier to get a position on a research team - but it's definitely valid to start as an ordinary programmer on a research team and work your way up to a position where you do more research as part of your job. If you consider PhD, be sure to think long and hard. otherwise not worth it. 105k a year, and takes 4-6 years to complete. Pursuing a PhD was worth it personally to me, career wise it depends. true. You’ll be paid close to minimum wage for 4-7 years, whereas your peers with master’s degrees in the industrial sector will start with a full time salary and retirement benefits with 2-5 years of less schooling than you. P. I don't think it's worth it. Textbooks + housing and others can cost 20k per year. A lot of nurses go back to get their PhDs later in life, after they are done with their nursing careers, and get a PhD while working. Most of my friends and classmates ended up doing stuff in industry (engineering, data science and finance) and I stayed in academia (teaching math). It said it covers student fees and a £18k stipend per year tax free. Contrary to some other posters, I believe online Bachelor and Master degrees from accredited institutions can be acceptable, as the focus is on coursework. If your passion for the research is strong enough, it will make the push for the degree worth it. If neither of those things apply to you, DO NOT DO IT. I think that, unfortunately, it is a personal decision. is more of a liability than an investment, financially speaking. Nov 27, 2024 · PhDs are very valuable outside of the academia, in fact most PhDs from developed countries work in industry, healthcare, consulting, etc. g. research, academia, high-tech, more technical engineering roles in certain industries, etc. I know of someone who did it one semester less A PhD allows you to delve into subject matters a lot more thoroughly, but it can be a hard slog. limit my search to r/PhD For a phd to be solidly worth it, you need to be financially stable, emotionally steady, a consistent and methodical worker, and also get really lucky. For what it’s worth my PhD is in Computer Engineering. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. They are worth it if you care far more about the subject than about money. It's Well, you need to be very good to land one of those jobs, and this is already a large part of the complete market. Not a lot of nurses go straight from BSN-PhD, although they are certainly trying to increase these numbers. These people are probably “passion workers” who want to stay in academia no matter what, leading to very inelastic demand for these positions. The academic world loves to push the idea that if you get a PhD you will get an academic job, but there are far too few academic jobs to go around. my PhD is in making functionally graded ceramic composites for ballistic applications, sees me producing ceramic preforms, composites and doing fea modelling ATM to predict behaviour of them CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. The job you want requires a PhD. If you think school is fun and you measure success by doing a job that you enjoy, then it is much more likely to be worth it. I was under the impression that the PhD is a research degree whereas terminal degrees labeled “Doctorate in XYZ” are professional focused where your final research project applies the research of a particular field to a specific issue in the real world. The average price of tuition and fees is 35k per year. If getting a PhD allows you to earn an extra $20k a year, but you missed out on $300k worth of earnings during the 5-7 years you were in school, then it will take 15 years to break even. The job market is rough. - Each PhD program is typically 4 to 5 years in length, in which PhD students take advance, PhD-level Econ, Statistics, Finance, and Accounting classes, and write research papers. A Ph. There were aspects of it that I loved, and I went into a PhD knowing I like research and teaching, but the process was incredibly difficult and did lead to burnout and imposter syndrome. Your career aspects in that field are probably decent with or without a PhD. Online PhD programs are not worth it, as others have said. 551 votes, 232 comments. Just to counter your counterpoint: u/psychmancer did not really speak to whether PhDs are satisfying, they said that PhDs are ruinous in financial, mental, and social ways. Obviously pursing a PhD for me would be motivated by more than just money, but I've been trying to get a realistic idea of what the long term financial picture would be of doing so vs just the MS If you want to teach at university/college level, then a PhD will be an advantage, and you should do it. If you view school as an arduous ordeal and measure your success by your lifetime earnings, then a PhD likely isn’t worth it. s. If I am not eligible to be categorised as a local or some sort of eligibility to get the £6k With that said, there are jobs where a PhD will benefit you or be necessary (e. So yes doing a PhD without considering staying in the academia is absolutely normal and worth it, nothing wrong with it. Even only worth it if you go in for the right reasons. PhD is very cutthroat, extensively laborious, time consuming,and much of the research you do may not help you in your job hunt. i tend to advise people not to do it esp if they seem to think it's "just" 4 more years of "school" vs. They said Doctor of IT. Which they are--they are expensive, intensely stressful, and occupy time otherwise reserved for a social life. If you are interested in researching a particular issue, a PhD might be worth it, or you could consider a research-based Masters But (based on my own experience), if you are "caught up in indecision", don't apply for a PhD at this time. I finished my PhD in three years. . A PhD will consume all of your time only if you let it. I imagine most people who graduate with an economics PhD pursue a career outside of tenure track positions, especially considering you can work at the Fed as well as NGOs while still doing research. OP didn’t say PhD. ), so getting a PhD is a good idea if these type of end destinations interest you. D. A PhD in stats is something I'm considering, and I'll have an MS and over three years industry experience when I graduate in a year. But in the email they said it only covers home fees at £6k and the international fees are £26k. Universities organize a lot of seminars, reading groups and other social activities and there are loads of students around that are probably more social than your typical work colleagues with families. What I would say, in all honesty, is that you should only really consider it if 1) you can get into one of the major PhD programs in the field with real name recognition, 2) you plan on having a strong and acting research agenda while in said program, producing a publication What are your aims in life? PhDs are absolutely not worth it if your aim is to make money. Aug 16, 2024 · It was worth it because I got the job, but admittedly the PhD itself was just a means to an end. You can still get a lot out of a PhD program without all of these traits, but it becomes increasingly harder to do so. Masters/PhD from the same school isn't viewed that way typically because you get the MS along the way, but if you are trying to stay in academia, a candidate with a BS, MS, and PhD from the same school will have an asterisk compared to someone that doesn't. The average cost of a professional doctorate is about 50k per year. I think having a PhD in physics (US) is/was worth it. I would guess about 150-200 new PhD in Accounting graduate in the entire US every year. I got shortlisted for a UK PhD studentship. It is important to find and maintain a work-life balance that suits you. So, I'm an English prof and have recently been on the market. xlm hggln kfmz qtqelo vldq tkgrjt gzuc vpribr yyqpll anmui