QuoteOriginally posted by: Ceres629I'm currently near the end of my second year in a physics phd in the UK, and to be honest, it is not going very well at all. It has been a frustrating two years, in particular this last year where I became particularly interested in trading roles in finance and decided a career in science was not for me, I've lost all interest in continuing this phd and long to just get some work experience or an internship in a trading enviroment. I have several times considered quitting but decided against it each time and dedicated huge amounts of time to finish my phd and get it out of the way, but it is clear that a phd really is just an exercise in frustration if you no longer have any interest in what it is you are doing... I continued straight on to the phd after my undergrad, since i was not sure what i wanted to do at the time, and it seems that was a big mistake.I start working part time (will sign the contract next week) for quite a large well known ftse250 company (not banking job), and am currently at crossroads as to where i should go from here. I've considered doing a quantitative finance MSc degree, however my finances don't really make this an easy option and the decision would have to be made very soon.I'm currently hoping that getting a bit of breathing space from the phd and doing something different will bring about some changes in my mindset, but i feel like i'm just wasting time doing something that won't have much if any direct relevance to my future plans and as a result i find it hard to justify putting all this time into doing this when i could be doing things that would better prepare me for a trading job.I have a undergrad MPhys degree, a strong interest in finance and trading, and spend a lot of my free time going through many texts, following financial news, and trading spot fx, and am considering just applying for some junior trading roles or internships, and if things go well enough just leave the phd behind, or just take the MPhil route and refocus my efforts on getting a trading job. I'm sure many posters here are part of the hiring process for their respective employers, just how negative does it look for a candidate to quit a science phd to pursue a finance job?So should I:Finish phd, go the mphil route or just quit altogetherTake the part time job or not.Just go for a trading role with my undergrad physics degree.Get an MSc in a quant finance related disciplineSo many options, and i'm kind of overwhelmed as to the pros and cons of each one as it regards to a career in trading so I would be very grateful for any advise or suggestions you can offer.Most likely you already received a ton of advice and mine shall be redundant. But my 2 cents, anyways:If you are quiting because you are not doing well then doing mphil is not going to work out. If you are not doing well because you lost interest then it is a slightly different story [vs. not doing well because you need additional background/prep. to meet the course requirements than rest of your classmates]. If it is the second case, then just quit and jump into finance. If it is the first of the above two, then at least finish the Mphil. This will even help you get into MFE programs (they are fairly competitive). Besides when you look back on your 2 years, you will feel you got something out of it as compared to nothing. And that is a better feeling.I would personally recommend in favor of Mphil / Phd (more in quant finance). If your university has a Phd program then you go for that one instead after doing your MPhil. A sense of accomplishment is always good. You won't need to do another MFE and you will learn a lot in the Phd program. My last recommendation would be to quit it all and go for job in finance. Trust me, that quiting feeling shalll haunt you many nights. So, use it only as a very last option
Last edited by cryptic26
on September 6th, 2007, 10:00 pm, edited 1 time in total.