How product management could be a route out of academia for PhDs and postdocs
Let’s face it. Job prospects for PhD candidates and postdoctoral scientists are dismal. In 2012, a study on the biomedical research workforce, conducted by the National Institutes of Health and pictorialized by the American Society for Cell Biology, showed that there is a significant number of biology PhDs in the US who have resorted to doing non-science jobs. Those who stay in science face financial penalties: one 2017 Nature Biotechnology study demonstrated postdocs, on average, forfeit 20% of their earning potential within the first 15 years of completing their PhD program. Read more
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