Anyone know of med business/consulting-type summer programs?

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uveal

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One of the big 3 consulting groups used to have a special summer internship for med students but I don't think it's offered anymore.

Has anyone done something consulting-related during the summer, or know of any programs? I'm looking to explore that field some more.

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I'm coming fused , is the new associate a full time job or just a summer internship?
It looks like they take applications to either program-- one is specifically labeled as an internship for 10 weeks. The summer internship would fit best for the original question.
 
It looks like they take applications to either program-- one is specifically labeled as an internship for 10 weeks. The summer internship would fit best for the original question.
Would residency programs look kindly upon something like that or would they prefer research?
 
Might be different than what you're looking for, but Goldman Sachs has some positions that specifically mention MD candidates and MD holders (and JDs and others) to apply through certain portals... Goldman Sachs | Programs in the Americas - Americas Programs
Might be different than what you're looking for, but Goldman Sachs has some positions that specifically mention MD candidates and MD holders (and JDs and others) to apply through certain portals... Goldman Sachs | Programs in the Americas - Americas Programs

Thanks! A bit less healthcare-y than I am interested in though. McKinsey and Bain have summer opportunities specifically for med students (in which you can work on healthcare projects) but they're literally useless for the vast majority of us on here considering that they want <2 years left till graduation. :/
 
Thanks! A bit less healthcare-y than I am interested in though. McKinsey and Bain have summer opportunities specifically for med students (in which you can work on healthcare projects) but they're literally useless for the vast majority of us on here considering that they want <2 years left till graduation. :/
Do they pay?
 
Do they pay?
Accenture is currently paying $4,950/mo for summer interns. McKinsey, Bain, BCG, etc. pay a bit more. Note, however, you are too late to the game in order to snag a summer internship based on what I've seen in my own firm. I'm sure all offers have already been extended. Next year, start early with your applications/inquires. (If you have any time after your M1 year.)
 
Accenture is currently paying $4,950/mo for summer interns. McKinsey, Bain, BCG, etc. pay a bit more. Note, however, you are too late to the game in order to snag a summer internship based on what I've seen in my own firm. I'm sure all offers have already been extended. Next year, start early with your applications/inquires. (If you have any time after your M1 year.)
I am an incoming m1. I get paid a bit more at my current full time gig so it wouldnt make sense anyway. Am i too late for next summer ?
 
Would residency programs look kindly upon something like that or would they prefer research?
My inclination is that it indicates you might be more interested in leaving medicine, at least the aspect a residency program would want you to be part of while in a program. I can't say for sure, though, and it would likely depend on the actual experience-- your role in it and how healthcare oriented it was.

I am an incoming m1. I get paid a bit more at my current full time gig so it wouldnt make sense anyway. Am i too late for next summer ?
I was in that realm before medical school, and from what I recall, good summer internships (most of the ones mentioned here, but not limited to these) need an early application, like a year out, give or take. It couldn't hurt to email a recruiter and explain your interest and ask for the deadline on that program if you're interested (website says deadlines vary by school, so you would need to see what your school has anyway--an email to GS might be best, though, since this program may be a bit different than what the business school students apply to). I know that more specific internships often have different deadlines that can vary by location of the internship. In the worst case scenario, just fill out an application. You'll need strong letters of recommendation, preferably at least one from the business side of things. The issue for you might be that they want someone in the last 2 years or last year of school, but they might not care. Also, be prepared to dig out your SAT/ACT/GRE/GMAT/MCAT scores and things of that nature. Many of the top companies will ask for at least some of those, even SAT/ACT scores that are old.

Interesting that they expect medical students to have "industry knowledge" going in.
I think it's a broad term that could mean anything from being able to interface with those in medicine who use medical terms up through real medical knowledge that a practicing/researching physician would have in the vault. In other words, a 2nd year med student might be used to translate some of the medical stuff to the company and some of the finance stuff to the medicine people.

Thanks! A bit less healthcare-y than I am interested in though. McKinsey and Bain have summer opportunities specifically for med students (in which you can work on healthcare projects) but they're literally useless for the vast majority of us on here considering that they want <2 years left till graduation. :/
I'm not sure on the specifics of the GS internship, but they can provide more detail if you reach out to them and they might have more in an application portal.
 
I am an incoming m1. I get paid a bit more at my current full time gig so it wouldnt make sense anyway. Am i too late for next summer ?
Of course you're not late for next summer! Start to check out some consulting firm's web sites and enter a query for summer internships. Dempty provided some good advice so I'm not going to be redundant and repeat it. Here is a short list of firms which you should become familiar with:
Deloitte, McKinsey, Bain, PWC, BCG, KPMG and Accenture. These are the strongest firms in my opinion. Now to drill down a little further, here are the firms which have very strong health care strategic business units: McKinsey, PWC, and BCG. I would target opportunities with these firms first.
 
Thanks for the advice @Wjldenver and @dempty . I am a little concerned that doing something like this would be construed negatively during residency application time. I just have an interest in the finance/device development/c0nsulting side of healthcare as well. Not sure if doing something like this is compatible with aiming for a competitive residency.
 
Thanks for the advice @Wjldenver and @dempty . I am a little concerned that doing something like this would be construed negatively during residency application time. I just have an interest in the finance/device development/c0nsulting side of healthcare as well. Not sure if doing something like this is compatible with aiming for a competitive residency.

My opinion is just keep all of your options open right now. Perhaps you can multi-task and combine a summer at a leading consulting firm with some traditional Med Science research. That in my opinion would make you stand out a little more as a residency candidate. It's really how you spin it.


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These opportunities all seem like they require you to be at least an M2 or further along in your med school education. Are there programs that you can do during the summer after M1?


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These opportunities all seem like they require you to be at least an M2 or further along in your med school education. Are there programs that you can do during the summer after M1?


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Yes, there are summer internships which you would qualify for after your M1 year. You just need to make sure that you are applying for the correct summer internship program. BCG offers summer internships to outstanding science students. As an MD student, you would fall in that cohort. Bain's summer internship program also has some flexibility, but there is somewhat a preference for students currently enrolled in joint MD/MBA programs. Of course, MD only students find positions in this program as well. McKinsey has summer internship slots available for M1's, just don't apply for their MD Fellow program yet because they require all applicants to be between years 3 and 4 in an MD program.

Speaking of McKinsey, all interested MD students should highly consider attending the MD workshop which they offer in the Spring in leading cities all over the US. It is a great way to network and to see how you can leverage your MD degree in the consulting world.
 
I've been looking into business internships too. Seems like most are all through consulting companies (McK, BCG, etc.)
The only other one I found was at Geisinger Health System "Medical Student Business Fellowship"
Don't know much about it, but the list of doctors they have on the brochure is pretty solid (2 neurosurgeons from Brigham and UCLA, a UCLA EM doc)

Anyone apply to this Geisinger one? Is for all med students or just MD/MBAs?
 
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