The TRUTH about NEUROSCIENCE degrees

Shane Hummus
22 Dec 202009:46
EducationalLearning
32 Likes 10 Comments

TLDRThis video explores the value of a neuroscience degree, discussing potential career paths, salaries, and job satisfaction. The host evaluates the degree in several areas, such as salary prospects, job demand, and overall satisfaction. They highlight that many neuroscience-related careers require advanced degrees, making it less flexible than other fields. The video emphasizes thorough research and planning for those considering this degree, offering a balanced view of its pros and cons. Viewers are encouraged to like, subscribe, and explore additional resources for more detailed rankings and insights.

Takeaways
  • 🧠 Neuroscience studies the brain, encompassing psychology, chemistry, and biology.
  • πŸŽ“ It's a rare degree, with about 5700 graduates annually.
  • πŸ’° Starting salary for neuroscience graduates is around $70,000, rising to $80,000 mid-career.
  • πŸ“š Career paths include machine learning, medical school, and research, but many require advanced degrees.
  • πŸ§‘β€πŸ”¬ Medical scientists, who often need doctoral degrees, make about $88,000 annually.
  • πŸ“ˆ The job market for neuroscience bachelor's degree holders is limited, often requiring further education.
  • πŸ’‘ The degree offers high job satisfaction and meaning, especially in science-related roles.
  • πŸ“Š Demand for medical scientists is growing at 6%, faster than average.
  • πŸ” The neuroscience degree is well-respected but highly specialized, with limited flexibility.
  • 🎯 Prospective students should thoroughly research and plan their career paths, possibly considering double majors for more opportunities.
Q & A
  • What topics does the channel cover?

    -The channel covers personal finance, college degrees, careers, and opportunities that lead to success. It also discusses common financial traps that people fall into.

  • What is neuroscience?

    -Neuroscience is the study of various aspects related to the brain, including psychology, chemistry, and biology.

  • How many people graduate with a bachelor's degree in neuroscience each year?

    -Approximately 5,700 people graduate with a bachelor's degree in neuroscience each year.

  • What is the starting and mid-career salary for someone with a neuroscience degree?

    -The starting salary is around $50,000, and the mid-career salary is about $80,000.

  • What career paths are available for someone with a neuroscience degree?

    -Career paths include machine learning, medical school to become a neurosurgeon, and research to become a scientist. However, many of these paths require advanced degrees.

  • What is the average salary for a medical scientist?

    -A medical scientist makes around $88,000 a year, but this usually requires a doctoral-level degree.

  • What is the satisfaction level for neuroscience graduates in terms of job meaning?

    -About 59% of neuroscience graduates feel that their career significantly positively impacts the world.

  • What is the job satisfaction score for medical scientists?

    -Medical scientists have a job satisfaction score of 73, which is higher than average.

  • What is the current job demand for medical scientists?

    -There are about 138,000 jobs available for medical scientists, with a growth rate of 6%, which is faster than average.

  • What are some pros and cons of a neuroscience degree?

    -Pros include high satisfaction if working in science, good prerequisites for advanced medical careers, and general respect for the degree. Cons include limited flexibility, difficulty in finding jobs with just a bachelor's degree, and lower pay for available jobs at the bachelor's level.

  • What is the overall score given to a neuroscience degree?

    -The overall score given to a neuroscience degree is 6.5 out of 10.

  • What is the lifetime earning potential for someone with a biological science degree?

    -The average lifetime earning potential for someone with a biological science degree is around $2.3 million, which is below the overall average of $2.4 million for all degrees.

  • What advice is given to students considering a neuroscience degree?

    -Students should thoroughly research the degree, plan their career path carefully, and consider talking to professionals in their desired field. They should also be prepared for the possibility of needing advanced degrees for many career options.

Outlines
00:00
πŸŽ“ Is a Neuroscience Degree Worth It?

The video discusses the value of a neuroscience degree, starting with an introduction to the channel's focus on personal finance, college degrees, careers, and avoiding financial traps. The host encourages viewers to like, subscribe, and ring the notification bell. The video explains that neuroscience involves studying the brain through psychology, chemistry, and biology. It mentions that only about 5700 people graduate with a bachelor's in neuroscience annually and promises an evaluation of the degree in various aspects, beginning with salary.

05:01
πŸ’Ό Career Paths and Salaries for Neuroscience Graduates

The video highlights different career paths for neuroscience graduates, such as machine learning, neurosurgery, and scientific research. Starting salaries average around $70,000, with mid-career pay reaching $80,000. For a career as a medical scientist, additional education up to a doctoral level is often required. The challenge lies in finding jobs with just a bachelor's degree, which often necessitates further education. The host gives the pay aspect of the degree a 7 out of 10 rating.

😊 Job Satisfaction and Meaning in Neuroscience Careers

The video evaluates job satisfaction and meaning for neuroscience graduates. It cites PayScale, noting a 59% meaning score for neuroscience graduates and an 83% score for medical scientists. Job satisfaction scores are also high at 73% for medical scientists. The host believes those who find jobs in science after earning a neuroscience degree will likely be satisfied, rating this aspect 7.5 out of 10.

πŸ“ˆ Demand for Neuroscience-Related Jobs

The video examines the demand for neuroscience-related jobs, mentioning 138,000 jobs for medical scientists with a 6% growth rate. While science-related jobs generally show decent growth, many require advanced degrees. The host advises securing a job with a bachelor's degree before pursuing further education. Due to the difficulty of finding jobs with just a bachelor's, the demand rating is 5.5 out of 10.

πŸ” Evaluating X Factors of a Neuroscience Degree

The video discusses various X factors such as the respectability and flexibility of a neuroscience degree. It highlights the niche nature of the skills learned, which can limit career flexibility. Despite being relatively well-respected, the degree doesn't guarantee high lifetime earnings compared to other fields. The host suggests pairing neuroscience with another degree like computer science for better career prospects, rating this aspect 6 out of 10.

βš–οΈ Pros and Cons of a Neuroscience Degree

The video summarizes the pros and cons of a neuroscience degree. Pros include high job satisfaction for those in science careers, relevance for aspiring neurosurgeons, and general respect for the degree. Cons involve limited job flexibility, difficulty finding jobs with just a bachelor's degree, and low pay for available jobs. The overall score for a neuroscience degree is 6.5 out of 10. The host advises thorough research and consultation with professionals before pursuing the degree.

Mindmap
Keywords
πŸ’‘Neuroscience
Neuroscience is the study of the nervous system, focusing on the brain and its impact on behavior and cognitive functions. In the video, it encompasses various fields like psychology, chemistry, and biology related to the brain. The video's theme revolves around evaluating the worth of a neuroscience degree and its career prospects.
πŸ’‘Bachelor's degree
A Bachelor's degree is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study. The video discusses the outcomes and job opportunities available for those who graduate with a bachelor's degree in neuroscience, emphasizing the limited direct job prospects without further education.
πŸ’‘PayScale
PayScale is a website that provides information about salary, benefits, and compensation by company and job title. The video references PayScale data to provide insights into the salary expectations for neuroscience graduates, with starting salaries around $57,000 and mid-career pay at about $80,000.
πŸ’‘Medical school
Medical school is a tertiary educational institution that teaches medicine and awards a professional degree for physicians and surgeons. The video mentions medical school as a potential path for neuroscience graduates, particularly for those aspiring to become neurosurgeons, which involves extensive education and training.
πŸ’‘Career paths
Career paths refer to the progression of jobs in a specific field of work. The video highlights several potential career paths for neuroscience graduates, including medical scientists, machine learning experts, and neurosurgeons, noting the additional education often required for these roles.
πŸ’‘Job satisfaction
Job satisfaction is a measure of how content an individual is with their job. The video discusses job satisfaction for neuroscience graduates, using metrics such as 'meaning' and overall satisfaction scores. It indicates that science-related careers tend to have high job satisfaction and meaning scores.
πŸ’‘Demand
Demand in this context refers to the need for professionals in a specific field. The video examines the job market demand for neuroscience-related careers, indicating that while there are opportunities, many require advanced degrees, thus making the bachelor's degree alone less valuable in securing a job.
πŸ’‘X factors
X factors are additional elements that affect the overall value and perception of a degree, such as flexibility, respect, and job security. The video evaluates neuroscience degrees on various X factors, concluding that while the degree is well-respected, it is not very flexible and can limit career options without further education.
πŸ’‘Earnings potential
Earnings potential refers to the amount of money one can expect to earn over their career. The video discusses the lifetime earnings potential for neuroscience graduates, noting that it is generally below average unless specific high-paying career paths are pursued, such as management or computer science.
πŸ’‘Graduate school
Graduate school is an advanced program of study focused on a particular academic discipline or profession. The video emphasizes that many career paths for neuroscience graduates require graduate school, such as master's or doctoral degrees, which involve significant time and financial investment.
Highlights

Introduction to the video: discussion on whether a neuroscience degree is worth it, including topics like personal finance, college degrees, and careers.

Explanation of what neuroscience entails: studying psychology, chemistry, and biology related to the brain.

Statistics on the rarity of neuroscience degrees: only about 5,700 graduates with a bachelor's degree each year.

Salary overview: starting salary around $70,000 and mid-career pay around $80,000 according to PayScale.

Career paths with a neuroscience degree: machine learning, medical school, becoming a neurosurgeon, or a scientist.

Medical scientist career: requires a doctoral degree and has an average salary of $88,000 per year.

Challenges of finding a job with only a bachelor's degree in neuroscience: many positions require at least a master's degree.

Overall pay rating for neuroscience degree: 7 out of 10.

Satisfaction metrics: 59% meaning score (degree's positive impact on the world) and 73% job satisfaction for medical scientists.

Demand for medical scientists: 138,000 jobs available, growing at 6%, faster than average.

Advice on securing a job with a bachelor's degree: prioritize finding a job after graduation to avoid mandatory graduate school.

X factors of a neuroscience degree: relatively well-respected but not very flexible, with limited career paths.

Lifetime earnings comparison: biological sciences degree holders earn around $2.3 million, below the average of $2.4 million.

Pros of a neuroscience degree: potential for high job satisfaction in science-related careers, respectability, and relevance for certain career paths.

Cons of a neuroscience degree: lack of flexibility, difficulty in finding jobs with just a bachelor's degree, and lower-paying jobs at the bachelor's level.

Overall score for a neuroscience degree: 6.5 out of 10.

Final advice: thoroughly research the degree and career paths, possibly contact professionals in the field for guidance.

Encouragement to engage with the video: like, subscribe, ring the notification bell, and comment.

Mention of the personal rankings of college degrees available on the creator's Patreon.

Transcripts
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