The report builds on previous reports the organization has put together, including "What Do Ph.D.s Do?", which we reported on in 2007. Now, though, the folks at Vitae have 5 years' of data to work with, which means they could analyze where Ph.D.s end up by specific subjects, not just by broad categories.
For example, the biological sciences overall had the highest percentage of graduates entering research careers -- some 60% go into research, whether that's as a postdoc, in some other form of academic research, or in industry. Among a narrower slice--biochemistry, molecular biology, and biophysics graduates--that number is above 70%.
In the physical sciences, about 43% of doctoral graduates end up in research roles. That percentage was around 60% for the geology and chemistry graduates and below 30% for mathematics doctorate holders. As a whole, 7.8% of physical sciences and engineering graduates reported that they went into business and finance; among the mathematics subgroup, some 25% of doctorate holders went into the business and financial sector. Check out the report to see where people in your field end up after getting their Ph.D.s.
By looking at the data in the report, "you can do a sense check" of what you think your career options are, says Janet Metcalfe, chair and head of Vitae. "Then, you can look at the variety of sectors and occupations people go in, and you can realize there's a whole world out there of exciting jobs and possibilities."
The data come from the Destinations of Leavers from Higher Education (DLHE) survey, which captures information on the first jobs of doctorate holders who graduated in 2003 through 2007. There's a caveat, though: The new report only analyzes data on U.K. graduates who stay in the U.K. The occupations are reported in 14 categories, including commercial, industrial, and public sector managers; scientific research, analysis & development professionals; health professionals; education and teaching professionals; marketing, sales, media, and advertising professionals; and even numerical clerks and cashiers, clerical, retail, and bar staff. (Geology and math doctorate holders have the highest percentage of cashiers and bartenders among them, with 4.4% and 4.7%, respectively.)
Also released yesterday, a collection of 40 profiles of doctorate holders who are now in jobs ranging from lecturers, research associates, program managers, consultants, and even a chairman of a banana business (his Ph.D.: plant science). They all highlight that there is no one research career path and no single solution to what is the "correct" career path.
