TL;DR: Torn between HEP Theory (fundamental but very grim job market) and Condensed Matter Theory (safer but less “ultimate”). Curious about relative job prospects and whether CMT is as mathematically rich as HEP.
I recently started my PhD in physics. When I applied, I emphasised that my primary interest was High Energy Theory. But I’ve recently been exploring Condensed Matter Theory. While it doesn’t scratch my itch for “the most fundamental” questions, I’ve been surprised at how much overlap there is (effective field theory, topology, dualities, RG, etc.).
The thing that’s making me hesitate is career prospects. I didn’t realise when applying how bad the funding/job situation is in HEP theory. None of the advisors in my undergrad were kind enough to explain the over saturation and competition in the field, and now that I am talking to profs in my grad program, I becoming more and more aware of it, like how I'd have to TA for the entirety of my PhD. CMT seems a bit safer — more funding, stronger links to experiment, and a broader appeal to departments — but I can’t find solid info on the theory side specifically (everything I see is about experiment).
Is the academic job market in Condensed Matter Theory noticeably better than in HEP Theory, or just slightly less impossible? How does the mathematical sophistication/abstraction in cutting-edge CMT compare to HEP Theory? I enjoy using abstract mathematical concepts like differential geometry, algebraic topology, abstract QFT tools, etc., and I don’t want to give that up. Would doing a PhD at a place strong in HEP but only solid (not elite) in CMT hurt my prospects if I switch tracks?
I don't want to move to Condensed Matter if my chances of getting an academia position later don't increase at all. I also have no experience in CMT research, but I'm willing to learn on an accelerated pace.