Forum: Masters Or Phd In Bioinformatics
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gravatar for scott.goldweber
6.4 years ago by
scott.goldweber0 wrote:

Hello, I am considering pursuing higher education in the field of Bioinformatics. The question is not if I should pursue a higher degree, but which degree I should ultimately go for. While a PhD is of course the more lucrative choice, I'm unsure if it the most realistic. I am 27 and living with my girlfriend and would like to settle down in the near future. I have been trying to see what jobs are available for masters vs PhD but that has been very difficult. I live in Maryland thankfully so the job market is right but my main concern is A. time and B. money. I don't think I can afford to stay in school 4-5 years and earn almost nothing to help support my soon to be family.

What options are available with a masters degree, will I hit a ceiling quickly? Are my options THAT limited? will a PhD propel me that far? I would like to stay in research but I do not want to go for a post doc. I am very much open to industry but I just can't see what the differences are between the job degree paths and if my job outlook is very differant

bioinformatics forum • 4.0k views
ADD COMMENTlink modified 4.6 years ago by Michael Dondrup46k • written 6.4 years ago by scott.goldweber0

Re: "While a PhD is of course the more lucrative choice"

Don't be so certain about PhDs making more cash. I recently read that across the board for science a PhD will only get you 3% more income per year than a Masters degree, but I don't know how each discipline breaks down. There are (in some cases) more financial sacrifices to make by delaying a real income (for me three years for the Masters degree and then an additional six for the PhD).

ADD REPLYlink modified 6.4 years ago • written 6.4 years ago by Josh Herr5.6k
4
gravatar for Istvan Albert
6.4 years ago by
Istvan Albert ♦♦ 80k
University Park, USA
Istvan Albert ♦♦ 80k wrote:

Good answers can be found via the search for masters OR phd

http://www.biostars.org/search/?q=masters+OR+phd&t=Question&submit=

ADD COMMENTlink written 6.4 years ago by Istvan Albert ♦♦ 80k
0
gravatar for Michael Dondrup
4.6 years ago by
Bergen, Norway
Michael Dondrup46k wrote:

The following depends on where you are: side note, in some countries especially in Europe you don't have the choice. Many PhD programmes require a master's to enter, in Norway for example, I think in Germany as well. In GB however you can go directly from BSc to PhD.

ADD COMMENTlink modified 4.6 years ago • written 4.6 years ago by Michael Dondrup46k
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