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About 20 years ago Alice, a virologist, was up for a position as university president. She was one of three possible candidates. But during her interview things started to go a bit sour when the committee persistently asked her what she would be willing to give up should she be given the job.

Not sure a Ph.D. is the best route? Take heart: There are plenty of opportunities in science for those who have a B.S. or M.S. degree.

With so many options, from setting up one’s own company to internships and additional degrees, graduate and postdoctoral students have the opportunity to customize their career path in translational research.