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- Jun 19, 2010
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Thank you all in advance for contributing to this thread. So here's my story...
I'm currently starting the 2nd year of a 5 year residency. I've finally decided that clinical medicine is not my cup of tea. There are many reasons for this, but I'm not sure that listing them here will really provide anything productive for my goal of this thread. Suffice it to say that I’m confident I want out. I’m really more curious as to what you think about the current options that I am considering.
From the research that I've done and the contacts that I've spoken to, if I leave residency now, that pretty much guarantees that I won't be able to come back to residency should I want to. Being board certified seems to open more doors than only having a medical license. In this regard, I mean that there are more opportunities in medically related fields i.e. EMR development, sales, finance, etc. Fortunately, or maybe unfortunately, I'm not really interested in any of these fields. My main interest would be to teach, ideally at the college or community college level. At least from the research I've done, it seems like having an MD isn't so much help and you really need a Phd, or at the very least a Master's degree (someone please, please correct me if I'm wrong). This leaves me with teaching high school, something I think I would also enjoy. I taught privately prior to med school and loved it. I'm not sure how much of the bureaucracy of the public school system I'll be able to endure, but I'm not sure if that's something I'll ever be able to figure out until I actually commit to doing it. Either one of these options obviously dramatically lowers my earning potential, but I've done the math and I think I can make it work. I'm not going to be rich, but I'm not going to be poor either and I'm ok with that fact. The other options I've considered are going back into engineering, which is also a previous career of mine, but doing so in more of a medical way such as device design. But unfortunately that seems to require a Master's degree, and honestly I would probably need it because I've been out of practice so long. The last option would be doing research, ideally medically related. But that too seems to require a Masters or Phd, particularly if you want to work in pharma.
So...someone please correct me if I'm wrong, but leaving residency now seems like it only leaves me with the option of teaching. There is the opportunity perhaps in the next 5 years to go back and obtain a Masters, but that currently is not an option. When I think about the situation above, I can't help but feel more than a little anxiety, because I know that once I leave, there are a tremendous number of (well paying) doors that are now closed. It seems to be a very final decision and I think this is true.
My other option would be to cross my fingers and hope that a residency spot opens up for a 3 year program at 1 of 3 schools (this part is entirely due to family obligations). Without saying the residency program that I'm in, I could transfer to a gen peds program and my first 2 years of my current residency would count. With this option, I tough it out and do something that I honestly have no desire to do for 2 years. Doing this would not be because I think I would ever practice clinical medicine again, but because it would provide me with more backup options if for whatever reason teaching didn't work out i.e. I need more money, etc. I don't want to stay in residency any longer than I have to, but I really can't decide if "wasting" another 2 years of my life is something where the pros outweighs the cons. I certainly don't think that taking another 4 years to complete my current residency is worth it, at least to me. I know opinions will vary on this, but staying for another 4 years is not an option for me. It's unfortunate that I've placed myself in the position that I am. As you know, the huge opportunity cost of getting to where I am now will provide little benefit to me if I leave now. I’m at peace with this fact, and I’m just trying to look at the future and make the best decision I can. Anyway you guys can help will be greatly appreciated.
And as an aside, if anyone knows of ways to supplement one’s income on a part time basis with only a medical license would be really helpful. So far I’ve only discovered performing physicals for medicare, which pays $100 per person. If anyone has any other ideas this could really help in my decision making process.
Thank you all so much.
I'm currently starting the 2nd year of a 5 year residency. I've finally decided that clinical medicine is not my cup of tea. There are many reasons for this, but I'm not sure that listing them here will really provide anything productive for my goal of this thread. Suffice it to say that I’m confident I want out. I’m really more curious as to what you think about the current options that I am considering.
From the research that I've done and the contacts that I've spoken to, if I leave residency now, that pretty much guarantees that I won't be able to come back to residency should I want to. Being board certified seems to open more doors than only having a medical license. In this regard, I mean that there are more opportunities in medically related fields i.e. EMR development, sales, finance, etc. Fortunately, or maybe unfortunately, I'm not really interested in any of these fields. My main interest would be to teach, ideally at the college or community college level. At least from the research I've done, it seems like having an MD isn't so much help and you really need a Phd, or at the very least a Master's degree (someone please, please correct me if I'm wrong). This leaves me with teaching high school, something I think I would also enjoy. I taught privately prior to med school and loved it. I'm not sure how much of the bureaucracy of the public school system I'll be able to endure, but I'm not sure if that's something I'll ever be able to figure out until I actually commit to doing it. Either one of these options obviously dramatically lowers my earning potential, but I've done the math and I think I can make it work. I'm not going to be rich, but I'm not going to be poor either and I'm ok with that fact. The other options I've considered are going back into engineering, which is also a previous career of mine, but doing so in more of a medical way such as device design. But unfortunately that seems to require a Master's degree, and honestly I would probably need it because I've been out of practice so long. The last option would be doing research, ideally medically related. But that too seems to require a Masters or Phd, particularly if you want to work in pharma.
So...someone please correct me if I'm wrong, but leaving residency now seems like it only leaves me with the option of teaching. There is the opportunity perhaps in the next 5 years to go back and obtain a Masters, but that currently is not an option. When I think about the situation above, I can't help but feel more than a little anxiety, because I know that once I leave, there are a tremendous number of (well paying) doors that are now closed. It seems to be a very final decision and I think this is true.
My other option would be to cross my fingers and hope that a residency spot opens up for a 3 year program at 1 of 3 schools (this part is entirely due to family obligations). Without saying the residency program that I'm in, I could transfer to a gen peds program and my first 2 years of my current residency would count. With this option, I tough it out and do something that I honestly have no desire to do for 2 years. Doing this would not be because I think I would ever practice clinical medicine again, but because it would provide me with more backup options if for whatever reason teaching didn't work out i.e. I need more money, etc. I don't want to stay in residency any longer than I have to, but I really can't decide if "wasting" another 2 years of my life is something where the pros outweighs the cons. I certainly don't think that taking another 4 years to complete my current residency is worth it, at least to me. I know opinions will vary on this, but staying for another 4 years is not an option for me. It's unfortunate that I've placed myself in the position that I am. As you know, the huge opportunity cost of getting to where I am now will provide little benefit to me if I leave now. I’m at peace with this fact, and I’m just trying to look at the future and make the best decision I can. Anyway you guys can help will be greatly appreciated.
And as an aside, if anyone knows of ways to supplement one’s income on a part time basis with only a medical license would be really helpful. So far I’ve only discovered performing physicals for medicare, which pays $100 per person. If anyone has any other ideas this could really help in my decision making process.
Thank you all so much.
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