PhD's in the Industry?
Taylor Flagg asks: "I'm about to finish up with my bachelor's in Computer Science, and am looking into graduate school options. My advisor is persuading me to go right into the PhD program but I know I don't want to be stuck lecturing for the rest of my life. Are companies in the industry hiring PhDs, and if so, what are their roles and is anything different expected of them (aside from making more cash)?"
It's by a guy who got his doctorate and he discusses reasons to do so or not to do so. Hope it helps!
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A good rule of thumb is that you should only do a PhD if you think you'll enjoy the PhD process for its own sake: working for several years on a really hard problem that nobody else has ever been able to solve. A PhD typically takes 4 to 9 years. (4-5 years is typical in the humanities, where grad students are a financial liability to their departments. 5-7 is more typical for people in the sciences whose research goes well, and 7-9 for people in the sciences who find out that their first project simply didn't work.) You can't possibly justify 4-9 years of extremely hard work on the basis of the (non-academic) job it'll get you, or the increased earning potential. If all you wanted was a fancy job with a high salary, you'd be much better off putting the 4-9 years of extremely intense effort into a job.
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I disagree with the "do it now" statement. Do it when you feel like you *need* to do it, and at no other time.
By the sounds of the original poster's question, I would definitely encourage him/her to NOT go into grad school. If you're not sure that you want to go, then you -don't- want to go, period. Grad school is a huge commitment and a lot of work. If you know deep in your heart that it's where you belong and it's what you have to be doing, you can survive and even enjoy it and feel good about it. Otherwise, it's a major drag and you hate every minute of it.
I'm a grad student right now, and I'm *loving* every (atrociously difficult, mind-bending) minute of it. It's the hardest thing I've ever done, but it's worth it. A couple of my friends are here for the career benefit they perceive, not because they truly want to do it. They are miserable, depressed, and they can't wait to just get out of here.
Do not go now just because you think you will never have the chance again and you don't want to miss it. Wait. If there comes a time in your life when you feel driven to go to grad school, THEN do it and forget all the naysayers. If it never comes, then don't look back.
Funny enough, a good two thirds of my fellow grad students are returning to school after anywhere from 2 to 10 to 30 years of working. Most of us are here for the love of it. A few have returned for career boosts, and they're the most miserable.
In any field, find the strangest thing and then explore it. -John Archibald Wheeler