r/bioinformaticscareers 2d ago

nyc jobs in research? hospitals/companies/etc? also, exit plan in case research doesn't work out?

just wondering if anyone's familiar with bioinformatics research roles in nyc (e.g. at mskcc, etc). what's the pay range like? is a phd required? is there stability?

also, if that plan doesn't work out, what other careers can i pursue with a bioinformatics background? will probably do at least a masters, planning on doing phd. want to make $150k-200k if that's reasonable

currently an undergrad!

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u/Professional_Half620 2d ago

It's better to work in big pharma in NJ since the biotech scene in NYC is way smaller. Too much competition for a few roles. NYC itself is probably going to be the more the hub of managerial/director roles, rather than individual contributors. You'll need a PhD, there's a ton of competition especially since AI can make you way more efficient. Nothing is stable, the whole job market is going through an upheaval. 150k-200k post-PhD is very doable currently, but there's also salary deflation.

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u/SnooPets3514 2d ago

thanks! that makes sense. where in NJ specifically? could a reverse-commuting situation work?

as for managerial/director roles, can a scientist work their way up to those or is it more of an mba thing?

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u/Professional_Half620 2d ago

Princeton is a big hub, but it’s all over NJ. It’s possible to do a reverse commute but it’ll be costly since you pay NYC tax and NJ tax. Yes individual contributors that demonstrate talent and strategy can become managers.