There are a few questions here that discuss whether PhD GPA/grades matter (for example this, this, and this). But I haven't been able to find anything on whether other information on the transcript matters. In particular, I wonder if a specific course and the status of that course on PhD transcript could be something an application reviewer would care about, for academic and industry jobs after completing the PhD, and also internships and fellowships during the PhD.
I have heard "no body looks at your transcript" from so many people, but I doubt if any of them had any issue with their transcript anyway. That makes me skeptical of their assessment of the importance of PhD transcript. Say, there is a course that's relevant to your research (but not absolutely essential). When you go on the (industry or academic) job market at the end of your PhD, would anyone care about whether you had that course or not and whether you got A, B, or a W for that course? If so, between a B and a W, which one is worse, and how bad is it?
To give more context, I'm quite a bit beyond the coursework stage of my PhD (an engineering PhD in the US), have completed all my courseworks, have taken my comprehensive exams, and have just one more step to candidacy/ABD. Almost all of my time should be spent on research, but I took an optional course that's on a topic quite useful for my research (admittedly a mistake to take it as a graded course). Now I'm considering dropping it with a 'W' on my transcript, but I don't know if that could have any consequences. In terms of learning the material, I've already gotten all that I want from the course (I kept it for most of the semester and did the homework, etc.), but I don't know if getting a B on that course is worth slowing down my research to study for the exams, or if it'd be better to just get a 'W' and focus on my research and avoid botching paper deadlines.
I don't know about the answer to your question about the jobs. In terms of competitiveness, the job market I hear about is quite competitive. For industry jobs, normally PhDs from our lab/program compete for jobs at well-known tech companies, but rarely go for niche and ultra competitive positions in Wall Street. And academic job market is highly competitive anyway as far as I know.
– gradette Nov 08 '23 at 16:37