Hi!

That is a very interesting question you posted and I am still thinking about it in my second year of my PhD. I completed my BEng and MSc in the UK-although I am Greek ;) -and I had the same dilemma when I finished my MSc. To be honest, I started my PhD because I saw it as an opportunity to gain some time to think what I actually want to do while I am getting paid (if I like research and academia, I will proceed with an academic career, if not, I will move on to industry) but my decision will be more certain in 3 years and I will get to know better myself, what I really want to do. I can tell you now that I do not enjoy academia as I see it from the 'inside', so I am thinking of looking for a job in industry (probably in the R&D sector). I think what is important is to look for a PhD that is as manifold as possible, so you can gain skills that can be applied in various applications. You will also gain so many transferable skills that will be very desirable in any job, no matter if it is industrial PhD or not. Also pursuing a funded PhD is a very positive aspect to add in your CV, no matter if the funding comes from a scpecific organisation, industry etc. Also, having studied at Imperial College, I can tell that many other universities do top-level research-depending on the field of course- and they offer a more friendly, helpful and not so competitive environment compared to the highly-ranked universities. It is important to look at the specific research level, the research team and the equipment provided in the universities that house your field and not only the ranking tables.

I hope this can help you! :)