PhD offer with MSc Thesis company
I'm currently finishing up my MSc thesis and the project supervisor from the company I'm doing the thesis with has asked if I would be interested in continuing this project in a PhD position. The company has great collaboration with DTU and suggested I could either continue working on the project as an academic PhD candidate (which is easier to get approved) or as an industrial PhD candidate (which can be complicated and tricky to get approved). What's the difference in requirements between the two?
How likely is such a position to get converted to a full time position with the company? And what's the difference in salary between the PhDs? I don't have any work experience in my field. However, I do like the project and my supervisor. What is the job prospects like after PhD in biomedical engineering if for some reason the company can't convert me?
I'm aware the base salary is enough when living alone. But is it manageable with a non-working spouse (while he searches for a job)?
Thanks in advance!