Physics in Ireland: the brightest minds go further May 2011 A report prepared for the Institute of Physics by Tom Martin & Associates Physicists Go far Earn more The Institute of Physics in Ireland The Institute of Physics in Ireland (IOPI) is a scientific membership organisation devoted to increasing the understanding and application of physics in the Republic of Ireland and Northern Ireland. It has over 2,000 members, and is part of the Institute of Physics. IOPI aims to promote the role of physics in education, health, the environment, technology, and scientific literacy. Its membership is wideranging and multidisciplinary, including the educational, industrial, medical, and general public sectors. The institute seeks common purpose with other learned societies to promote science and science-based learning and to influence science policy in the two jurisdictions on the island. Special emphasis is placed on supporting physics teachers by promoting in our schools the value, joy and benefits of a knowledge of physics and its applications. The Institute of Physics The Institute of Physics is a scientific charity devoted to increasing the practice, understanding and application of physics. It has a worldwide membership of around 40,000 and is a leading communicator of physics-related science to all audiences, from specialists through to government and the general public. Its publishing company, IOP Publishing, is a world leader in scientific publishing and the electronic dissemination of physics. IOP Institute of Physics in Ireland c/o School of Physics University College Dublin Belfield Dublin 4 Tel +353 86 2600903 E-mail sheila.gilheany@iop.org www.iopireland.org Photo credits: Medical radiotherapy linear accelerator – Andrew Brookes, National Physical Laboratory/Science Photo Library Table of contents Executive summary 1 1. A profile of physics graduates 2 2. Starting salaries for physics graduates 7 3. Physics: its role in the Irish economy 8 Methodology 10 References 10 List of tables and diagrams Table 1.1 and Figure 1.1: Respondents’ current salary range 2 Table 1.2 and Figure 1.2: Sectors in which respondents were employed 3 Table 1.3 and Figure 1.3: Main employers 4 Figure 1.4: Type of physics degree obtained 4 Figure 1.5: Decade in which respondents were born, and gender profile (%) 5 Table 1.4 and Figure 1.6: Year in which respondents last obtained a physics degree 5 Table 1.5 and Figure 1.7: Profile of the respondents’ current geographical location 6 Table 1.6 and Figure 1.8: How useful were the following skill sets in your career? 6 Table 1.7 and Figure 1.9: Starting salaries for graduates in selected sectors 7 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER i Executive summary This report presents the findings of a survey of physics graduates from third level colleges in both Northern Ireland and the Republic of Ireland. The key findings of the survey are: ■■ ■■ ■■ ■■ ■■ ■■ ■■ Physicists have the potential to earn very good salaries (the survey found that 14% of graduates earn more than €100,000 a year) While physics graduates from Irish universities and institutes of technology mainly work in Ireland, they have found employment all over the world (Europe, North America and the Asia Pacific region) Graduates with physics degrees are employed in a wide range of sectors ranging from high-tech industries to the arts and the media Physics graduates have skill sets such as problem solving, team working and creativity that are widely sought after by employers An increasing number of women are pursuing a career in physics: just under a third of the survey respondents were female Physics graduates often hold a further qualification in another discipline: a fifth of respondents said they also held a H.Dip. Ed. or PGCE teaching qualification while a similar proportion gained a postgraduate qualification in another discipline Graduates with a higher level physics qualification (Masters, PhD) are contributing to Ireland’s rapidly growing third level research community in disciplines such as ICT, biotechnology and nanotechnology to name but a few The bottom line? A physics qualification is a passport to a well-paid career in a wide variety of sectors throughout the world. A degree in physics can lead to a varied, interesting and rewarding career. PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 1 1. A profile of physics graduates Introduction A survey of physics graduates from third level colleges in Ireland was undertaken in 2010. A total of 822 physics graduates completed the survey (details of the survey methodology are presented in Appendix 1). Earnings Respondents were asked to specify their current annual salary range and the data indicate that 14% of respondents are earning in excess of €100,000 per annum with 5% earning over €150,000. Table 1.1 and Figure 1.1:Respondents’ current salary range Salary level Up to €19,999 % of respondents 16 €20,000–29,999 8 €30,000–39,999 11 €40,000–49,999 13 €50,000–59,999 11 €60,000–69,999 9 €70,000–79,999 8 €80,000–89,999 6 €90,000–99,999 4 €100,000–€149,999 9 More than €150,000 5 More than €150,000 Up to €19,999 €100,000–149,999 €90,000–99,999 €20,000–29,999 €80,000–89,999 €70,000–79,999 €30,000–39,999 €60,000–69,999 €50,000–59,999 €40,000–49,999 Seven per cent of female respondents and sixteen per cent of male respondents said that they earned over €100,000 per annum. Twenty seven per cent of all respondents had an annual salary of between €60,000–€100,000. Table 1.1 indicates that, in 2010, the majority of physics graduates earned more than the estimated average annual earnings of all employees (c. €35,000) based on quarterly earnings published by the Central Statistics Office for Quarter 3, 2010, for all economic sectors excluding agriculture, forestry and fishing. The majority of the respondents to the survey were working (84%), of which just under four-fifths were working full-time and the balance were part-time. The remaining respondents were either retired, on a career break or seeking employment. PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 2 Sectors where respondents are currently employed The survey responses show that physics graduates are working in a wide variety of sectors including manufacturing and services (both public and private). While four out of ten respondents worked in the education sector (both second and third level), physics graduates were employed in a diverse range of sectors including health and finance — proving that employers hold graduates with a physics qualification in high regard. Just over 14% of respondents were working in Communications/IT/electronics while a smaller percentage (7%) were employed in other high-tech sectors such as Pharmaceuticals/chemicals/ medical devices, Aeronautics/space and Energy. Physicists were also to be found in the Construction, Environment, Leisure/tourism/retail and Media/arts sectors (see Table 1.2 below). There can be no doubt that a physics qualification opens doors to employment in a wide range of sectors. Table 1.2 and Figure 1.2:Sectors in which respondents were employed % of respondents Sector Aeronautics/space 1.6 Communications/IT/electronics Communications/ IT/electronics 14.3 Construction 0.9 Defence forces 31.6% 0.4 Education – 2nd level 21.8 Education – 3rd Level 20.2 14.3% All other sectors Education (2nd level) Health/medicine Energy 3.2 Environment 1.6 Finance 5.6 Government/non-profit 6.9 Education (3rd level) Health/medicine 6.4 20.2% Leisure/tourism/retail 0.6 Media/arts 0.6 Pharmaceuticals/chemicals/medical devices 2.6 Other 21.8% 6.5% Finance 5.6% 13.3 An analysis of the occupational choices of recent physics graduates (those who graduated after 2000) indicates that they follow a wide variety of career paths including: ■■ Software ■■ Astrophysics ■■ Renewable energy ■■ Biophysics ■■ Quantum physics ■■ Financial services ■■ Plasma physics ■■ Transport ■■ Nanotechnology ■■ Instrumentation ■■ Materials research ■■ Micro systems technology The range of sectors in which physicists are involved is positive proof that a qualification in physics is a passport to a varied and fulfilling career. Respondents were fairly evenly divided between the main employer categories of academia, industry and government/not-for-profit as shown in Table 1.3 below. PAGE 3 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER Table 1.3 and Figure 1.3:Main employers Other 10.2% % of respondents Employer categories Industry 24.7 Academia 34.0 Government/not-for-profit including hospitals/schools 31.1 Other 10.2 Industry 24.7% Government/ not-for-profit 31.1% Academia 34.0% Degree obtained Respondents were asked to specify what physics degrees that they held. 822 said they had a Bachelors degree in physics while 235 said that they held a Masters degree with a further 37 saying that they held another post-graduate physics qualification. A total of 227 respondents had qualified with a doctorate in physics. 157 respondents said that in addition to a physics degree they also held a H.Dip. Ed. or PGCE (teaching) qualification. A total of 175 respondents said that in addition to holding a physics degree they also gained a postgraduate qualification in another discipline. The experiences of the survey respondents show that holders of Bachelors degrees in physics have varied options open to them in terms of further qualifications. As the light blue arrows in Figure 1.4 below shows, a graduate with a Bachelors degree can progress to higher level physics qualifications such as a Masters degree or a doctorate. Another group of respondents (denoted by the green arrow) opted for a teaching qualification and are now teaching physics to the next generation. The darker blue arrow shows that yet another group of respondents branched out by gaining a post-graduate degree in another discipline. Figure 1.4: Type of physics degree obtained Other post-graduate qualification in physics Bachelors degree in physics 37 Masters degree in physics 235 822 Doctorate in physics 227 H Dip Ed/PGCE 147 Other post-graduate qualification 175 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 4 Age and gender of respondents The respondents ranged in age from early twenties to late eighties. Just under half of the respondents were born after 1970 while just under 5% were born before 1940. Just over two-thirds of respondents were male while 31% were female. The proportion of female respondents while low is higher than in regions of the UK such as Scotland.1 Figure 1.5: Decade in which respondents were born, and gender profile (%) Born before 1940 5% 1980+ 24% 1940s 13% Female 31% 1950s 14% Male 1970s 24% 69% 1960s 20% Year of physics degree qualification A third of the respondents obtained their physics qualification after 2001 while just under a quarter (23.5%) gained their physics qualification during the 1990s. Respondents graduating with a physics degree during the 1980s accounted for 17.5% while 1970s graduates totalled 14.3%. Respondents acquiring a physics degree before 1970 accounted for 13.9%. Table 1.4 and Figure 1.6:Year in which respondents last obtained a physics degree Year in which respondents last obtained a physics degree in Northern Ireland or the Republic of Ireland % of respondents Before 1970 13.9 1971-1975 7.5 1976-1980 6.6 1981-1985 6.8 1986-1990 10.7 1991-1995 8.3 1996-2000 13.2 2001-2005 11.0 2005-2010 22.0 Before 1970 2005-2010 1971-1975 1976-1980 2001-2005 1981-1985 1986-1990 1996-2000 1991-1995 Location The responses to the survey show that a physics degree can be a passport to travel. Though almost three-quarters of the respondents were presently residing on the island of Ireland, the remainder were dispersed around the globe (see Table 1.5 and Figure 1.7 below). PAGE 5 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER Table 1.5 and Figure 1.7:Profile of the respondents’ current geographical location % of respondents Location Northern Ireland Northern Ireland 12 Republic of Ireland 64 Great Britain 12 Great Britain Europe 4 Europe North America 5 North America Asia Pacific 1 Asia Pacific Rest of the world 2 Rest of the world 12% 64% Republic of Ireland 12% 4% 5% 1% 2% 0 10 20 30 40 50 60 70 80 % Skill sets Physics graduates through their training acquire skills that are valuable to them in their careers and, by extension, to employers. The participants in the survey overwhelmingly endorsed the value of the skill sets that they had acquired from their physics courses. Over four-fifths (85%) of the respondents said that Analysis/problem solving skills had been very useful to them in their career while 13% said they had been useful and 2% said they had been quite useful. Just over six out of ten respondents said that Team working/communications had been very useful in their career while a further 26% said this skill set had been useful. Sixty one per cent of respondents said that New Ideas/theories/creativity had been very useful in their career with 28% saying it had been useful. Studies have shown that employers greatly value graduates possessing skill sets that encompass problem solving, team working and creativity — skill sets that physics graduates have in abundance. Table 1.6 and Figure 1.8:How useful were the following skill sets in your career? Useful Quite useful Not very useful 85% 12% 2% 1% Team working/ communications 62% 26% 8% 4% New ideas/theories/ creativity 61% 28% 8% 3% Very useful Analysis/problem solving Skill set Analysis/problem solving 85% Team working/ communications 62% New ideas/theories/ creativity 61% 0 20 40 Very useful 60 80 Useful % 100 Not very useful Quite useful PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 6 2. Starting salaries for physics graduates gradireland, the publishing arm of the Association of Higher Education Careers Services, has released data on starting salaries for graduates in a number of sectors.2 The results for 2009 indicate that sectors in which physicists are commonly employed have high median starting salaries. Graduates working in Science, research and development had a median starting salary in 2009 of €38,000 compared with the median starting salaries of graduates employed in Banking, insurance and financial services of €26,000 and Accountancy and financial management of €21,600 (see Table 1.7 and Figure 1.9 below). Starting median salaries for graduates working in the Engineering and manufacturing and IT and telecoms sectors were also higher than in the Banking and Accountancy sectors. The Science, research and development, Engineering and manufacturing and IT and telecoms sectors accounted for a quarter of all graduate jobs created in 2009. Table 1.7 and Figure 1.9:Starting salaries for graduates in selected sectors Sector Median salary 2009 Science, R&D Law, legal services & patents Engineering & manufacturing Science, research and development (R&D) €38,000 Law, legal services and patents €32,000 Engineering and manufacturing €28,000 Logistics & transport Logistics and transport €27,000 IT & telecoms IT and telecoms €26,500 Retail and sales €26,500 Banking, insurance and financial services €26,000 Accountancy and financial management €21,600 Retail & sales Banking, insurance & financial services Accountancy & financial management Median salary 2009 (€) €40K (Source: gradireland Graduate Salary & Graduate Recruitment Trends Survey 2010) The gradireland survey results clearly show that graduates with a technical qualification such as physics have the potential to achieve high starting salaries across a range of industry sectors. The Hudson 2010 Ireland Salary Guide 3 reviewed salaries and employment prospects across key sectors of the economy. While acknowledging the difficulties facing Irish business, Hudson said it believed a number of technical sectors were showing growth; these included the medical devices, pharmaceuticals, utilities and environmental services sectors — sectors in which physics graduates are regularly found. The Hudson study noted that in the technical and engineering disciplines, project managers with between 1–10 years experience could command an annual salary ranging from €50,00–75,000 excluding bonuses. PAGE 7 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER 3. Physics: its role in the Irish economy Heritage Irish physicists have a long and distinguished history, but perhaps the finest of them was William Rowan Hamilton of Dublin. Hamilton reformulated Newton’s Mechanics, a development that was to prove useful not just in electromagnetism, but in quantum mechanics. He also invented quaternions, an extension of complex numbers to higher dimensions. William Thomson of Belfast was a 19th century giant of thermodynamics, whose title (Lord Kelvin) is the unit of absolute temperature. Ernest Walton, born in Waterford and educated in Belfast and Dublin, split the atom with John Cockcroft in Cambridge, becoming the only Irish scientist to win a Nobel prize. Recent research by the Higher Education Authority and Forfás4 reveals that Irish physicists in leadingedge research centres have gained a larger share of the world market in research publications and, as testimony of their quality, the number of times these publications have been cited by other researchers has also been increasing. In 2010, ScienceWatch.com5, a division of Thomson Reuters, ranked Northern Ireland and Ireland in the top 20 countries for the number of citations per paper in relation to academic papers published in Thomson Reuters-indexed journals during the period January 2000–August 2010. Physics: its significant contribution to the Irish economy A report published by the Institute of Physics in October 2007, Physics and the Irish Economy,6 highlighted the significant and positive contribution of physics to the Irish economy in 2005 on a number of different levels. The report showed that: ■■ Institute of Physics Report Physics and the Irish Economy A report prepared for the Institute of Physics by the Centre for Economics and Business Research Ltd October 2007 In 2005 there were more than 85,500 jobs in physics-based sectors in the Republic of Ireland. This compared with 82,000 jobs in the banking, finance and insurance sector and was equivalent to 5.3% of all jobs in the economy. ■■ ■■ ■■ Physics-based sectors contributed €15 billion to the Irish economy in 2005 — 10.5% of total Gross Value Added (GVA) generated in the economy. This was slightly more than the 10.1% share of total national GVA accounted for by Ireland’s banking, finance and insurance sector in the same year. Productivity in physics-based sectors is also relatively high. On average between 2000 and 2005, the GVA per employee in physics-based sectors was around €150,200 per annum — approximately 88% higher than the national average. The physics-based sectors also had a positive multiplier effect. Expenditure of physics-based sectors on intermediate goods and services in Ireland in 2005 helped to support 69,100 jobs and €6.1 billion worth of GVA in supplier sectors. PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 8 ■■ ■■ The spend of employees from physics-based sectors on goods and services in the wider economy amounted to €3.1 billion in 2005. This helped to support 16,700 jobs and more than €1.5 billion worth of GVA in the wider economy. Physics-based sectors also play a vital role in the economy by supplying intermediate goods and services to many other industries. In 2005, these industries spent a total of €18.2 billion on intermediate goods and services from physics-based sectors. This is equivalent to 128,400 jobs and more than €9.6 billion of the GVA generated in these non physics-based sectors. A review of Science, Technology, Engineering and Maths (STEM) in Northern Ireland7 by the Department of Education and the Department of Employment and Learning in Northern Ireland has pointed out that a strong, STEM educated workforce is fundamental to economic growth for the following reasons: ■■ ■■ ■■ Economic studies conducted before the information technology revolution, have shown that the vast majority of growth in per capita income is due to technological change. Studies have also highlighted how companies with qualified scientists and engineers in senior positions tend to invest in projects which bring a longer term benefit and have better performance. The opportunity to attract Foreign Direct Investment will be enhanced by a society with a workforce with good qualifications in STEM subjects. Multinational companies cite access to qualified personnel as a major factor in developing off-shore operations and this past decade has seen a move from traditional, capital-based investment to a more knowledge-based investment providing access to intellectual property. The STEM review indicates that increasing Northern Ireland’s GVA will be influenced by research and development, innovation and scientific management, all of which require a supply of graduates with appropriate STEM skills. Physics and Innovation Ireland Physics-based sectors are important building blocks for the achievement of the Government’s stated ambition of making Ireland “an innovative, high-value export-led economy with some of the world’s leading research-intensive multinationals and thousands of innovative small and medium enterprises.” 8 The Government’s investment over the last decade, for example, in nanotechnology has made Ireland a home to a world-class infrastructural base which will serve as a strong foundation for producing high-quality nanotechnology research and ensuring Ireland’s international competitiveness in this area. Physics occupies a central position in nanotechnology as witnessed by the role of nanoelectronics, nanomechanics and nanophotonics in providing a basic scientific foundation for nanotechnology. The contribution of highly qualified Irish physics graduates will be essential to progressing Ireland’s nanotechnology efforts across key application domains — Next generation electronics, Medical devices and diagnostics, Environmental applications and Industrial process improvements. PAGE 9 PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER Methodology The data used in Section 1 was collected through an on-line survey of physics graduates of third level institutions in Northern Ireland and the Republic of Ireland. The data collection process involved the development of a questionnaire and the identification of lists of graduates with a physics degree or with a degree the final year of which incorporated a significant physics component. The graduates were contacted by email or by letter and invited to participate in the survey. The online poll consisted of 13 questions and was conducted during May-July 2010. The vast majority of the 822 graduates with a physics degree who responded to the survey obtained their qualification in Northern Ireland or the Republic of Ireland. Graduates from the following third level institutions were surveyed: ■■ Cork Institute of Technology ■■ Dublin City University ■■ Dublin Institute of Technology ■■ National University of Ireland, Galway ■■ National University of Ireland, Maynooth ■■ Open University ■■ Queen’s University Belfast ■■ Trinity College Dublin ■■ University College Cork ■■ University College Dublin ■■ University of Limerick ■■ University of Ulster ■■ Waterford Institute of Technology ■■ Other N. Ireland College ■■ Other ROI College ■■ Other college outside NI/ROI References 1. Institute of Physics (2009), Physics in Scotland: the brightest minds go further. 2. gradIreland (2010), Graduate Salary & Graduate Recruitment Trends Survey 2010. 3. Hudson (2010), 2010 Ireland Salary Guide. 4. Forfás and the Higher Education Authority (2009): Research strengths in Ireland: a bibliometric study of the public research base. 5. ScienceWatch.com. 6. Institute of Physics (2007), Physics and the Irish Economy. 7. Department of Education and the Department of Employment and Learning (2007), Report of the STEM Review. 8. Department of the Taoiseach (2010): Innovation Ireland — The Report of the Innovation Taskforce. PHYSICS IN IRELAND — THE BRIGHTEST MINDS GO FURTHER PAGE 10 Physics in Ireland: the brightest minds go further For further information contact: Sheila Gilheany Institute of Physics in Ireland c/o School of Physical Sciences University College Dublin Belfield, Dublin 4 Tel +353 86 2600903 E-mail sheila.gilheany@iop.org www.iopireland.org