At a recent science meeting in San Diego, some young scientists asked me to identify significant job trends. I replied that industrial employers, especially in the pharmaceutical sector, are increasingly seeking employees with master's degrees tailored to their specific business needs. "So is this the death of the PhD?" one of them asked provocatively, noting the paucity of university positions. Well no, clearly not. Nevertheless, this rising demand for master's degrees could act as a springboard for a qualification in the United States called the professional science master's (PSM) degree (see Nature 445,458; 2007).
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