Never do a PhD for the money. Ever. It's not worth it, compared to using your skills to get a good education BSc / MSc and then start your career. You miss so many years of good income, plus income growth and will always stand out as the theoretical type. That being said: it's all about curiosity and people. So if you're curious and have the time / money... go for a PhD!
Why (Not) Do a PhD in Computer Science?
41–45 of 45 posts
Re: Why (Not) Do a PhD in Computer Science?
#42Earlier quoted context omitted.
I know of three PhD's in comp sci that went straight into Goldman Sachs (and one hedge fund) where they immediately started earning far more than those of us that left Uni with our Bachelors. They work in high frequency trading mainly using Java.
True. My point was a bit more subtle: those of my (former) co-workers with PhD's in physics or maths were extra extra smart and really great programmers... But they didn't start their PhD wanting to go into finance! You start because you want and love to do real research. As a bonus there are skills that can (also) make you big money. But there are quicker ways to the Goldman Buffet.
But here I am.
Most PhD people I've met (selection bias) don't do work that's too closely related to their degree (just like I don't, Enterprise Java dev != comp sci). They do all make a lot of money though.
Re: Why (Not) Do a PhD in Computer Science?
#43... because you will learn more by working in the wild, including why many real-world engineers have a vague disdain of academia - especially in the genuinely difficult fields. Maybe it differs away from software engineering - but my experience of grads, even Oxbridge PhDs is that I will code circles around them with what I learned off my own back in my spare time... and mainly because I learned it off my own back -…
Just like mine, your experience is not necessarily indicative of the world at large. There's a reason google love hiring PhD's, there's a reason why a well known startup in London (dealing with high performance java tooling) prefer PhD candidate, there's a reason Jane Street is full of PhD's and there's a reason why half the hedge funds in London are full of math and comp sci PhD's
Take your Node and RoR skills home kid.
Re: Why (Not) Do a PhD in Computer Science?
#44Re: Why (Not) Do a PhD in Computer Science?
#45Earlier quoted context omitted.
1. Professional degree does not need scare quotes. 2. US professional degrees have dropout rates of 3%, approximately. The Ph.D. with lowest dropout rate, engineering, has a 35% dropout rate. Pretty much everyone who can be admitted to a Ph.D., funded is a guaranteed admit to a pro programme that will on average make them more money. One should do a Ph.D. if one will not regret it even if one never holds a faculty po…
> Professional degree does not need scare quotes. That wasn't meant to attract undue attention to it, only because the term has no universal definition. Apart from economic issues I agree with your points. If someone expects the Ph.D. to pay off in straight economic terms, different story. > ... guaranteed admit to a pro programme that will on average make them more money. By "pro" did you mean Ph.D.? If so, not any…